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Business News on April 1, 2012


Gujarat millers anticipate high groundnut oil prices
Mill owners and exporters in Rajkot, Gujarat, are expecting the prices of groundnut oil to sky rocket to unprecedented levels. ANI

James Murdoch on brink of making 'fine line' decision over BskyB chairmanship
Media tycoon Rupert Murdoch's son James Murdoch is reportedly on the verge of making a "fine line" decision on his future as chairman of satellite broadcaster BSkyB. ANI

Common man to pay more duties, fares from today
Starting today (Sunday), the common man will pay more in terms of a host of service and excise duties and for plane and train fares. ANI

Aluminum Corporation of China Announces its Intention to Make a Proportional Takeover Bid for up to 60% of the Common Shares of Ivanhoe Mines' Subsidiary Coal Miner SouthGobi Resources
Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) Chairman David Huberman said today that the company has received notice that Aluminum Corporation of China Ltd. (CHALCO) intends to make a proportional takeover bid for up to 60%, but not less than 56%, of the common shares of Mongolian coal miner SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) at C$8.48 per share. MarketWire

SouthGobi Signs Cooperation Agreement With Aluminum Corporation of China Limited (CHALCO) and Receives Notification of CHALCO's Intention to Make a Proportional Take-Over Bid at C$8.48 Per Share
SouthGobi Resources Ltd. ("SouthGobi") (TSX: SGQ)(HKSE: 1878) announced today that it has entered into a Cooperation Agreement with Aluminum Corporation of China Ltd. ("CHALCO"), and further announces that it has received notice that CHALCO intends to make a proportional take-over bid for up to 60% of the issued and outstanding common shares of SouthGobi. MarketWire

The Secrets to Unlocking Your Innovation Potential Is Subject of Author and Innovation Expert's Talk at TEDxSingapore
Innovation is a crucial capability for organizations, governments and individuals. Yet, despite innovation's importance, it remains an elusive practice. MarketWire

EXPERT RESOURCE: Personal Finance Security Expert Resource Available to Media Covering Credit Card Breach, April 2, 8am ET, Global Payments Press Conference
Media covering the recent massive MasterCard and Visa credit card breach can get expert comment on steps consumers can and must take to protect themselves against fraud and scams from CEO of new nationwide credit card protection network, Yaron Samid. Details are below. MarketWire

MEDIA ALERT: Ancestry.com to Publish First Images From the 1940 U.S. Census and Unveil Free Access to 1 Billion Records
Who: Ancestry.com is the world's largest online family history resource When: April 2, 2012, 5:00 AM EDT/ 2:00 AM PDT Where: www.ancestry MarketWire

Birmingham Chiropractor Recommends Chiropractic Care for Auto Accident Injuries and Back Pain
Back On Track Chiropractic in Homewood, Alabama is raising awareness about the importance of natural pain management for car accident victims. According to chiropractor Dr. Scott Duca, many accident victims prematurely settle their accident claims with insurance companies before the full extent of their injuries is known. This can lead to years of painful and expensive treatments. Dr MarketWire

Lincoln Rehabilitation Clinic Offers Physical Therapy and Spinal Decompression in One Location
Advanced Spinal Rehab, Inc. announced that the practice offers comprehensive pain management and rehabilitation services in one location for patient convenience. Treatments offered by the clinic include physical therapy from a licensed physical therapist, chiropractic adjustments, spinal decompression therapy and cold laser treatment MarketWire

Sherman Oaks Chiropractor Announces New Online Resources for Natural Medicine
Hygiea Health and Wellness announced that the practice is providing patients with free, online resources for learning more about proactive whole body wellness care. The practice's new website, http://hygieahealth.com, features information on whole body health and natural pain management, including an interactive 3D spine simulator, blog and health articles MarketWire

Advisors Excel Introduces a New Fixed Annuity Offering Gains Protection and Growth Opportunity During Bear Markets
Until now, fixed index annuities designed for retirement income have not been able to solve for substantial growth opportunity when markets decline. Today, Advisors Excel is one of a select group of distributors to offer the Total Value Annuity (TVA) from Security Benefit Life Insurance Company MarketWire

Dreamstime Drops 'S' in Company Rebrand and Introduces New Company Mascot
Today the company formerly known as Dreamstime unveiled its new corporate identity Dreamtime. According to ancient lore, dreaming represents the era of creation and the source of all knowledge. The Dreamtime community is made up of imaginative individuals that embark on their own era of creation through photography and imagery MarketWire

Update on operations in Kurdistan
As of 1 April 2012, the Ministry of Natural Resources of the Kurdistan Regional Government (KRG) has instructed DNO International ASA to halt delivery of that portion of crude oil produced from the Tawke oil field that was destined for the Iraqi national pipeline system for eventual export through Turkey. GlobeNewswire

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