Business News Archive - December 04, 2008

PARIS, December 4 /PRNewswire-FirstCall/ -- CGGVeritas (ISIN: 0000120164 - NYSE: CGV) announced today that it has been awarded a multi-year contract extension by Petroleum Development Oman (PDO) to perform seismic data processing and imaging services at its Mina Al Fahal site.

Treasury Secretary Henry Paulson Jr., speaking in Beijing Thursday praised the accomplishments of the U.S.-China Strategic Economic Dialogue. Paulson said during a period of trade tension between the two nations, the talks have helped us manage difficult trade and investment issues by avoiding harmful and counterproductive market-closing initiatives." He said this week's meeting will seek to reach substantive short- to long-term agreements in electricity generation, transportation, clean water, clean air, and protecting wetlands and other natural areas. The most pressing issue we have to deal with is coping with global financial turmoil, Chinese Vice Premier Wang Qishan said. Xinhua reported Wang said it is imperative the two countries work together to implement the consensus reached at the G20 summit, referring to a financial meeting of leaders from the 20 richest countries and emerging economic markets in Washington last month. The Treasury Department said in a news release that enga

Managed Solutions Ensure Fast, Secure Exchange of Critical Information READING, England, Dec. 4 /PRNewswire/ -- Verizon Business will provide and manage a secure global communications network for Daimler AG, a leading global manufacturer of premium passenger cars and commercial vehicles.

SINGAPORE, December 4 /PRNewswire/ -- ICIS pricing, http://www.icispricing.com/, the world's leading price reporting service for the global chemical industry, has launched a new weekly PMMA (Polymethyl Methacrylate) Asia price and market intelligence report in response to increased price volatility within the Asia-Pacific region. The new report provides CFR China Main Port & CFR Southeast Asia price assessments and commentary on trade flows within the Northeast Asia market. Asia is critical in this market, consuming approximately 50% of the global supply and with China being the leading producer.

THE HAGUE, The Netherlands, December 4 /PRNewswire-FirstCall/ -- The Board of Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) today announced that Mark Williams will take over the responsibilities of Rob Routs for the Oil Products, Chemicals and Oil Sands business, as Downstream Director and a member of the Executive Committee of Royal Dutch Shell. Mark Williams succeeds Rob Routs effective 1 January 2009, when he retires from the company after a distinguished career of 37 years. Williams, a US citizen has a PhD in physics from Stanford University.

THE HAGUE, The Netherlands, December 4 /PRNewswire-FirstCall/ -- The Board of Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) today announced the appointment of Hans Wijers, Chairman of the Board of Management of Akzo Nobel NV, to replace Nina Henderson, who will be retiring as a non-executive director. Hans Wijers, who joins the Board on 1 January 2009, will stand for election at the Annual General Meeting in 2009.

Report Finds Forestry the Best Tool to Reduce Emissions and Promote Economic Growth POZNAN, Poland, Dec.

National Clothing Retailer Offers New American Classic Winter Styles at Affordable Prices with Free Shipping for Online Shoppers SALT LAKE CITY, Dec.

BREA, Calif., Dec. 4 /PRNewswire/ -- Between Thanksgiving and Christmas, the U.S. Postal Service will handle more than 20 billion cards, letters and packages. On December 15, 2008 alone, the day that is known as the "Busiest Shipping Day of the Year," the U.S.

Word of the Day
  • A handkerchief.
  • Specifically— The legendary sweat-cloth; the handkerchief of St. Veronica, according to tradition miraculously impressed with the mask of Christ; also, the napkin about Christ's head (Johu xx. 7).
  • In general, any miraculous portrait of Christ.
The word 'sudarium' comes from a Latin word meaning 'a handkerchief'.