Business News Archive - March 06, 2008

Shell Malaysia is planning to open 40 retail fuel outlets in 2008, including both company-owned and dealer-built ones, reported PetrolWorld, quoting the managing director of the firm.

Bayswater Uranium Corporation (TSX-V: BAY) (PINKSHEETS: BYSWF) is pleased to announce the start of the Phase III drilling program at the Company's 100% owned Elkhorn Project in northeast Wyoming. The Company's subsidiary, NCA Nuclear Inc.

SAN FRANCISCO, March 6 /PRNewswire-FirstCall/ -- MMA Renewable Ventures, LLC, a subsidiary of Municipal Mortgage & Equity, LLC ("MuniMae") (Pink Sheets: MMAB), and Global Solar Energy, a leading manufacturer of Copper Indium Gallium diSelenide (CIGS) thin-film solar cells, today announced the planned construction of a new solar electric system at Global Solar's manufacturing facility in Tucson, Arizona.

WW Energy Inc. (Pink Sheets: WWNG) -- a holding company that was created to acquire oil and gas service companies as well as oil and gas--related assets -- announced that the Company has signed a Letter of Intent for the Producing Wells in Terry County, Texas.

UGI Corporation (NYSE:UGI) announced that its subsidiary, UGI Utilities, Inc., has signed a definitive agreement to acquire the stock of PPL Gas Utilities Corporation (PPL Gas), the natural gas utility and retail propane distributor of PPL Corporation (NYSE: PPL), for approximately $268 million plus working capital.

Orlando Sanford International Airport (SFB) and Belgian airline, Jetairfly announced today nonstop, low-fare seasonal scheduled service beginning June 22, 2008 to Brussels Airport (BRU) in Belgium. This marks the first ever scheduled service between Orlando Sanford and Belgium.

By Jim Entwistle AN RAF Harrier jet was forced to make an emergency landing yesterday after the aircraft's canopy smashed during mid-flight refuelling.The fighter diverted to Durham Tees Valley Airport after its pilot reported getting into difficulties at 2.42pm.The airport was placed on full emergency status.But the Harrier, on routine exercises from RAF Cottesmore, in Leicestershire, limped to safety and touched down at 2.55pm.Emergency crews were stood down ten minutes later.Speaking last night, a Ministry of Defence spokesman said the incident happened while the aircraft was refuelling in mid- air.The Northern Echo understands that the valve on the end of the refuelling hose struck the canopy of the Harrier as it was preparing to take on fuel.The spokesman said: "The aircraft safely diverted to Durham Tees Valley Airport."The pilot was not injured and the aircraft was otherwise fine."RAF Cottesmore is home to four Harrier squadrons.All the squadrons use the Harrier GR9 aircraft, w

Jack Cummens of Jack's Tobacco & MCS in Brookfield didn't like it when the state increased taxes from 25 percent to 50 percent on the wholesale prices of his premium cigars but he appreciated the 50-cent tax cap placed on each 'stick.' "Now they're talking about banning those same premium cigars from being smoked in public places like cigar stores, taverns, bowling alleys, private clubs and elsewhere.

Word of the Day
  • A serpent whose bite was fabled to produce intense thirst.
The word 'dipsas' comes from a Greek word meaning 'thirst'.