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Business News on October 22, 2011

Consumers more likely to choose products lacking favourable information
Consumers are more likely to choose products when marketers withhold some favourable information until late in the choice process, according to new research. ANI

'Inflation to remain high in China during 2011'
Inflation in China in 2011 will stand at 5.8 percent, and there will be no initiatives to further tighten or loosen the nation's monetary stance, Yu Yongding, a former adviser to the central bank's monetary commission, has said. ANI

"There is simply no excuse" for NOTW phone-hacking scandal, says Murdoch
Media mogul Rupert Murdoch told News Corporation shareholders that there was "simply no excuse" for the phone-hacking scandal at the News of the World. ANI

Manmohan Singh expresses concern over economic slowdown in India
Emphasising that economic slowdown in the country is a matter of concern, Prime Minister Dr. Manmohan Singh on Saturday it should be viewed as a short-term phenomenon in the backdrop of the slowdown in the industrialised Western world. ANI

Murdoch stays as News Corp. chairman, sons as directors despite NOTW fallout
Media tycoon Rupert Murdoch and his sons Lachlan and James have survived a shareholder vote at News Corp's Annual General Meeting in Los Angeles. ANI

Pioneer Status of Damage Caused by Thailand Floods and Future Measures
Pioneer Corporation hass provided the status of its affiliates in Thailand as of October 21. Details are as follows:1. DamageThe affected companies are: Pioneer Manufacturing (Thailand) Company Limited and Tohoku Pioneer (Thailand) Company Limited, situated in the Rojana Industrial Park, Ayutthaya Province. The water inundated the first floor of both factories, which has been closed ACN Newswire

Michael Buble "Christmas" Album Released Today
Michael Bublé's highly anticipated "Christmas" album - his holiday gift to fans around the globe is being released today, October 24th. "Christmas" is the record the multi-Grammy winning Canadian has been dreaming about making for years. "It's always been my favorite holiday and I knew that one day I would record the ultimate Christmas record MarketWire

ADP(R) AdvancedMD Unveils Practice Management Integration With Modernizing Medicine EMA-Ophthalmology EHR at International AAO Conference
ADP® AdvancedMD, a leader in cloud practice management, medical scheduling software, and billing applications for medical practices, and Modernizing Medicine, today announced the availability of its cloud clinical and financial solution designed to automate time-intensive, manual processes and create more efficient paperless ophthalmology practices MarketWire

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