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Business News on May 28, 2012


Growth of online spending slows down in Australia amid global worries
Online spending on non-essential items in Australian has dropped, as consumers remain wary about the global economic outlook, according to a report. ANI

Ranbaxy announces USFDA approval of CIP-Isotretinoin NDA
Ranbaxy Laboratories Inc. (RLI), a wholly owned subsidiary of Ranbaxy Laboratories Limited (RLL), today announced that the U.S. Food and Drug Administration (FDA) has approved Absorica, a novel, patented brand formulation of the acne medication isotretinoin, developed by Cipher, for the treatment of severe recalcitrant nodular acne. ANI

China to become world's largest consumer market in 2015: Commerce Minister
China's Commerce Minister Chen Deming said Monday that China is expected to become the world's largest consumer market in 2015. ANI

News Corp's Oz arm News Limited set to cut up to 400 editorial jobs
News Limited, the Australian arm of Rupert Murdoch's media firm News Corporation has planned to shed up to 400 jobs in the editorial department. ANI

India, Myanmar ink 12 agreements
India and Myanmar on Monday signed twelve agreements, including a 500 million dollar credit line and an air services agreement. ANI

Hays Japan Diversity Survey Reveals Management-Female Employee Perception Disparity
65% of female respondents to a recent survey by Hays Specialist Recruitment Japan KK ("Hays Japan") said that their management does not understand or they are unsure that they understand diversity, while 70% of hiring managers claimed that they have a diversity program in place ACN Newswire

Northland's USD 350 Million Bond Rated (B-) From S&P and (Caa1) from Moody's
Northland Resources S.A. (TSX: NAU)(FRANKFURT: NPK)(OSLO: NAUR)(OSLO: NAUR.R) "Northland" or "the Company"), through its indirect wholly-owned subsidiary, Northland Resources AB (publ), issued USD 350 million equivalent senior secured bonds (the "Bonds") on March 5, 2012. MarketWire

Agents Who Have Bahamas Condos for Sale Should Consider Co-Brokerage, Says Island Living Real Estate
Bahamas real estate agents want to sell their listings, but more often than not, they fail to recognize the importance of co-brokerage agreements. Co-brokerage can provide sellers and brokers with a multitude of real estate opportunities. MarketWire

Gobza.com Comes to Louisiana
A new technology based advertising medium is now in pre-launch phase in Shreveport and other U.S. cities. MarketWire

Press Briefing on Ericsson's Traffic and Market Report on June 5
* Ericsson's Traffic and Market Report - On the Pulse of the NetworkedSociety will be released on June 5, 4:45 p.m. CET * Briefings for media in San Francisco, London and Stockholm On June 5, Ericsson will release the second edition of its Traffic andMarketReport - On the Pulse of the Networked Society MarketWire

Nokia 2011 Sustainability Report Published
Nokia has published its 2011 Sustainability Report, whichcovers the ethical, socio-economic and environmental areas most relevant toNokia's business and its stakeholders MarketWire

The Company Store Enlists America's Children in Kids Design Contest
The Company Store®, one of America's largest home décor and bedding companies for more than 100 years, is proud to announce the launch of its Kids Design Contest in which children nationwide will have the opportunity to design comforters to be donated to military families MarketWire

Grocery Shopping Tips to Save You Money
It's imperative these days for some families to stretch each dollar as far as it will go. Cutting back goes a long way toward saving money, but cutting back on the essential things that you spend money on regularly, like groceries, is a little harder to do. With a bit of strategic planning and savvy shopping, you can save a bundle each week on groceries and household items. MarketWire

Operation Finally Home and EquipRent Announce Partnership to Help Wounded Veterans
EquipRent.com, the online equipment rental quote service that connects commercial contractors to local rental companies, has joined forces with Operation Finally Home (OFH) to support building homes for wounded veterans. MarketWire

Market Research Forecasts Advanced Electronic Materials Market at $26 Billion by 2021
MarketResearch.com has announced the addition of the new report "New Electronic Materials and Device Technologies: Global Markets" to their collection of Electronics market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Electronic-Materials-Device-Technologies-Global-6948502/ MarketWire

Market Research Estimates the Global Military Video Surveillance Systems Market at $8.8 Billion
MarketResearch.com has announced the addition of the new report "The Military Video Surveillance Systems Market 2012-2022: Full Motion Video for ISR," to their collection of Defense market reports. For more information, visit http://www.marketresearch.com/Visiongain-v1531/Military-Video-Surveillance-Systems-Full-6917014/ MarketWire

Market Research Estimates Personal Care Packaging Market at $41 Billion
MarketResearch.com has announced the addition of the new report "The Personal Care Packaging Market 2012-2022," to their collection of Manufacturing & Construction market reports. For more information, visit http://www.marketresearch.com/Visiongain-v1531/Personal-Care-Packaging-6922986/ MarketWire

Your Next Caribbean Vacation Could Only Cost You One Photo
Don't delete those vacation photos on your iPhone -- one of them could earn you a week in a private villa on the French Caribbean island of St Barth! MarketWire

TECHNICOLOR : Vector Capital requests the inclusion of Resolutions in the Agenda for the June 20, 2012 General Shareholders' Meeting
By letterdated May 25, 2012, Vector CapitalCorporation, an American investment fund which holds 0.6% of the sharecapitalof Technicolor, requested that Technicolor include 6 unsolicitedproposedshareholder resolutions in the agenda for the General Shareholders'Meeting ofthe Company scheduled to take place on June 20, 2012. MarketWire

Bombardier's "Get More" Q400 NextGen Airliner World Tour Lands in the People's Republic of China
As part of the fifth leg of its world tour, Bombardier Aerospace's technologically advanced Q400 NextGen airliner has landed in Beijing, the People's Republic of China MarketWire

Press briefing on Ericsson's Traffic and Market report on June 5
Ericsson's Traffic and Market Report - On the Pulse of the Networked Society will be released on June 5, 4:45 p.m. CET Briefings for media in San Francisco, London and Stockholm On June 5, Ericsson will release the second edition of its Traffic and Market Report - On the Pulse of the Networked Society GlobeNewswire

AB Svensk Exportkredit: SEK borrows in local Chinese currency (RMB) for second time this year
SEK is issuing a 3-year bond for 500 million renminbi (RMB), which is equivalent to just over Skr 500 million. This is the second time in a short period that SEK has undertaken such a transaction, following the first issue in January. The lead banks for the new bond issue were HSBC and TD. The transaction was well received by Asian and European investors. GlobeNewswire

SEK borrows in local Chinese currency (RMB) for second time this year
SEK is issuing a 3-year bond for 500 million renminbi (RMB), which is equivalent to just over Skr 500 million. This is the second time in a short period that SEK has undertaken such a transaction, following the first issue in January. The lead banks for the new bond issue were HSBC and TD. The transaction was well received by Asian and European investors. GlobeNewswire

Ruric Interim report January - March 2012
Ruric Publishes Interim Report for January - March 2012, announces loss due to write-downs in two assets and invites to investor conference call GlobeNewswire

Origin Enterprises Plc - Third Quarter Trading Update FY 2012
ARYZTA AG /Origin Enterprises Plc - Third Quarter Trading Update FY 2012. Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

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