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Business News Archive - April 29, 2009

LONDON, April 29 /PRNewswire-FirstCall/ -- The Board of Royal Dutch Shell plc ("RDS") (NYSE:RDS.A) (NYSE: RDS.B) today announced an interim dividend in respect of the first quarter of 2009 of US$0.42 per A and B ordinary share, an increase of 5% over the US dollar dividend for the same quarter last year. Dividends declared on A ordinary shares ("A shares") will be paid by default in euro, although holders of A shares will be able to elect to receive dividend in pounds sterling.

LONDON, April 29 /PRNewswire/ -- The lack of finances is affecting investment, paralleled by falling consumer spending, rising unemployment and declining industrial output.

Frost & Sullivan web conference on BIPV and Solar Thermal Heating Systems during and beyond the economic downturn LONDON, April 29 /PRNewswire/ -- The solar building integrated photovoltaics (BIPV) and the solar thermal heating systems (STS) markets have been hit hard by the current economic situation.

BRUSSELS, April 29 /PRNewswire/ -- As sustainable consumption and production, ecodesign, ecolabelling and energy efficiency objectives top the EU's legislative agenda, a Europe-wide survey[1] commissioned by the European Aluminium Association (EAA) (http://www.eaa.net/) has revealed widespread support for the aluminium industry, with 84% of the respondents viewing aluminium as a vital resource for the future and over three quarters (77%) believing that it is vital to maintain aluminium production in Europe. The survey was undertaken in early 2009 with the aim of assessing stakeholders' opinions and understanding of the aluminium industry in Europe. The survey achieved a satisfactory response rate of 32%, with responses from a broad cross-section of stakeholders including NGOs, politicians, journalists, academics, and government officials from ten EU countries, as well as Brussels. "We are pleased with these findings.

LONDON, April 29 /PRNewswire/ -- The 2009 Frost & Sullivan European Defence Logistics Product Line Strategy Award in the area of information systems is presented to Miro Technologies.

MIAMI, April 29 /PRNewswire-USNewswire/ -- In a press release issued by the PEW Environmental Group on April 23, 2009, the group announced that they have issued a letter to the Food and Drug Administration (FDA) warning the acting commissioner of the potential environmental threats related to the discharge of banned drugs into the marine environment as well as the human health risk allegedly resulting from the medical treatment of farmed salmon. Salmon of the Americas (SOTA) is obligated to correct the misleading statements made by PEW and assure consumers of the safety and significant nutritional benefits obtained from consuming farmed salmon from Chile. Medicinal treatments for farmed salmon are only applied when absolutely necessary to treat the salmon for specific ailments and never as a preventative treatment.

LONDON, April 29 /PRNewswire/ -- Bulgaria offers immense growth potential for electronics manufacturing and related services. However, high inflation has been a cause of concern, especially amidst the economic slowdown, which affected Bulgaria in the second half of 2008.

LONDON, April 29 /PRNewswire-FirstCall/ -- Royal Dutch Shell (NYSE: RDS.A)(NYSE: RDS.B) Chief Executive Jeroen van der Veer commented: "First quarter 2009 performance was affected by the weaker global economy, with a challenging Upstream and Downstream business environment.

PASADENA, Calif., April 29 /PRNewswire-USNewswire/ -- National military support nonprofit Soldiers' Angels proudly announces its inclusion in the 2009 Combined Federal Campaign (CFC), an effort to encourage philanthropy among United States Government employees.

Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'