Business News Archive - October 21, 2008

China National Petroleum Corporation and Uzbekneftegaz have signed an agreement at Tashkent on the creation of a joint venture, Mingbulakneft, to jointly develop the Mingulak oilfield in Uzbekistan's Namangan region.

Dong Energy and its license partners Bayerngas Norge and Faroe Petroleum have prepared a development plan for the Norwegian oil and gas field Trym which is to provide a tie-back to the Danish production platform Harald.

HIALEAH, Fla., Oct. 21 /PRNewswire-FirstCall/ -- Capital Oil & Gas, Inc.

Russian oil and gas major Gazprom has appointed Sergey Menshikov as director general of Gazprom dobycha Nadym.

By Paul Davidson In a deal that would create the USA's No.1 power company, nuclear power giant and utility Exelon is offering to buy NRG Energy for $6.2 billion in stock.

A survey of airlines across the globe, released today by Sabre Airline Solutions Consulting, shows that despite widespread marketplace discussion regarding the importance of generating ancillary revenues, the majority of carriers have made little progress toward executing innovative merchandising strategies like bundling and unbundling airfares to help increase airline revenues.

ORLANDO, Fla., Oct. 21 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc. , today launched a sale for travel to all of the airline's destinations with fares starting as low as $49*.

ARLINGTON, Texas, Oct. 21, 2008 (GLOBE NEWSWIRE) -- First Cash Financial Services, Inc. (Nasdaq:FCFS) today announced revenue, net income and earnings per share for the three months ended September 30, 2008.

Chick-fil-A(R) will reward those willing to wait in line for Hampton's newest stand-alone Chick-fil-A restaurant opening Oct. 23 by giving away $26,000 in free Chick-fil-A food to the first 100 adults in line that morning.

VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to announce assay results from drill holes RD-08-62, RD-08-63, RD-08-64 at its Reed Lake Discovery Zone near Snow Lake, Manitoba.

Word of the Day
  • Stoppage; cessation (of labor).
  • A standing still or idling (of mills, factories, etc.).
The word chomage comes into English from French.]