Business News Archive - February 21, 2008

Treasure hunters in Germany say they have detected a cavern they believe holds stolen Russian artifacts and Nazi gold hidden since World War II.

NEWS RELEASE OCI Announces Agreement with Abraaj Capital Cairo, Egypt - 21 February 2008: Orascom Construction Industries ("OCI") announced today that it has signed an agreement with United Arab Emirates ("UAE")-based Abraaj Capital ("Abraaj"), the leading regional private equity firm, which has agreed to merge its fertilizer production operations under OCI for a combined cash and shares equity consideration of approximately US$ 1.59 billion.

Midway Gold Corp. (TSX VENTURE: MDW)(AMEX: MDW) is pleased to announce new shallow gold intercepts in drilling on its Afgan property northwest of Eureka, Nevada.

Portland Habilitation Center Northwest, a non-profit organization, will reportedly host the largest solar electric system in the US state of Oregon, designed by solar power solutions provider Dynalectric and the architecture firm of Ernie Munch.

Global Warming Solutions, Inc. (Pink Sheets:GWSO) -- a developer of technologies aimed at mitigating the effects of global warming -- today released a twenty-four page presentation outlining the Company's Solar Energy Technologies.

AMBERGRIS CAY, Turks & Caicos, BWI, Feb. 21 /PRNewswire/ -- Turks & Caicos Sporting Club at Ambergris Cay, a 1,100-acre private residential island and equity sporting club, is pleased to announce the completion of its 5,700-foot airstrip, the longest lighted, paved private airstrip in the Caribbean.

By ST GEORGE, Liz ONE cheese factory is closing in Okato as another one is opening. New Zealand Organic Dairy Farmers Co-op has confirmed it has bought the old Okato Dairy Factory site to build a brand new cheese- making plant.

ATLANTA, Feb. 21 /PRNewswire/ -- Life in the Chattahoochee River will get a little bit cooler as the first of two cooling towers at Georgia Power's Plant McDonough in Smyrna begins commercial operation next week.

Groen Brothers Aviation, Inc. ("GBA") (OTCBB: GNBA) announced today that U.S.

On June 1, 2008 Alitalia Airlines returns to Los Angeles with nonstop service to Rome, Italy. The flight will operate five days per week and will be the only nonstop service between California and Italy.

Word of the Day
  • Withering but not falling off, as a blossom that persists on a twig after flowering.
The word 'marcescent' comes from a Latin word meaning 'to wither'.