Business News Archive - June 30, 2008

The Goldman Sachs Group, Inc. Media: Lucas van Praag, 212-902-5400 or Investor: Dane Holmes, 212-902-3580 The Board of Directors of The Goldman Sachs Group, Inc. (NYSE: GS) today announced the election of Lakshmi N. Mittal as an independent director of the firm effective June 28, 2008. Mr.

Del Monte Foods Company (NYSE: DLM) ("Del Monte") announced today that Del Monte Corporation, its wholly-owned subsidiary, has entered into an agreement to sell its seafood business, including StarKist, to Dongwon Enterprise Co., Ltd. ("Dongwon Enterprise"); Dongwon F&B Co., Ltd.

By Tim Paradis NEW YORK -- Investors' anxiety about the economy and rising prices for gas, food and most other things has some thinking about tapping retirement savings to ease their financial troubles.

By Jeeva Arulampalam HO CHI MINH CITY: Malaysia's largest law firm Zaid Ibrahim & Co hopes its latest expansion into Vietnam will initially make up five per cent of revenue by providing legal services to Malaysian investors here, said its top official.

By Jeeva Arulampalam MALAYSIAN investors with a long-term strategy in Vietnam should not be shaken by its current economic woes, Malaysian investment bankers say.

IN 1973, the National Electricity Board (the predecessor of Tenaga Nasional Berhad), realising that oil prices would continue rising, established a nuclear division to work towards harnessing nuclear energy for power generation.

By Nurris Ishak; Chai Mei Ling NUCLEAR power is no longer a bad word in light of the skyrocketing price of fuel and depleting world oil reserves. But the question is, should we and can we go nuclear? NURRIS ISHAK and CHAI MEI LING write. THREE years.

NOW everybody knows that Shell V-Power Racing works, hence why the company got the approval to sell it as a premium fuel.

By Deborah Loh PUTRAJAYA: Cabinet members held an extended meeting yesterday for a briefing by Petronas on the national oil company's state of affairs.

Research and Markets (http://www.researchandmarkets.com/research/c77e06/china_national_pet) has announced the addition of the "China National Petroleum Corporation Oil and Chemicals Storage Operation Asset Summary Report" report to their offering.

Word of the Day
  • Emitting flashes of light; glittering.
The word 'coruscant' comes from a Latin word meaning 'to flash' or 'to sparkle'.