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Business News Archive - May 12, 2007

By Anonymous Socotherm has formed a joint venture with US.-based LaBarge Pipe and Steel. The new company, Socotherm-La Barge, will comprise a pipe coating and insulation plant to serve the deep water market in the Gulf of Mexico.

Word of the Day
cassation
  • The abrogation of a law by a higher authority; annulment.
  • In music, during the eighteenth century, a song or an instrumental piece similar to the serenade, intended for performance in the open air.
The word 'cassation' comes from the French 'cassation', from Latin 'casso' ("destroy, annul").
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