Business News Archive - November 03, 2008

Panasonic Corporation (Panasonic)(NYSE:PC), best known for its Panasonic brand, commented on the current press reports in Japan about a possible purchase of its stake in Sanyo Co., Ltd.

US Airways has announced that it will launch daily seasonal non-stop service between Paris's Charles De Gaulle International Airport and its hub at Charlotte, North Carolina in the US.

BEIJING, Nov. 3 /PRNewswire-FirstCall/ -- PepsiCo, one of the world's largest food and beverage companies, announced today that it plans to invest U.S. $1 billion in China over the next four years.

Regulatory News: Atlas Copco (STO:ATCOA)(STO:ATCOB) has won an order to supply the mining company LKAB with equipment for rock reinforcement, to increase safety at its mines in Kiruna and Malmberget, Sweden. The value of the order, which includes an extensive service agreement, is about MSEK 140.

SES NEW SKIES, an SES company (Paris:SESG) (LuxX:SESG) announces that Microspace, a wholly owned subsidiary of Capitol Broadcasting Company and a leader in satellite services for business communications, digital cinema and digital signage, has contracted an additional 5.5 Mbps of capacity on the NSS-7 satellite at the orbital location of 338 degrees East.

HELSINKI, November 3 /PRNewswire-FirstCall/ -- Stora Enso is investing EUR 137 million in building a new power plant at the Ostroleka Mill site in Poland. The power plant project is scheduled to start immediately and to be completed in the third quarter of 2010.

Chevron Corporation (NYSE:CVX) today announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell 100 percent of its shareholdings in Chevron Kenya Limited and Chevron Uganda Limited to Total Outre Mer S.A (Total).

Sojern, Inc., the first company to bring customized, destination-oriented content to travelers on their online boarding passes, announced the company has served more than sixty-five million ad impressions since launching the service.

The Most Seats to the Most Destinations With the Most Spacious Jets New Service to Tampa Plus Added Flights to Other Cities Begin NEW YORK, Nov.

The Transportation Security Administration and Continental Airlines have expanded the paperless boarding pass pilot program to LaGuardia Airport in New York, US.

Word of the Day
  • Large; stout; burly.
The word 'bowerly' is an alteration of 'burly'.