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Business News Archive - May 06, 2009

NIEUWEGEIN, The Netherlands, May 6 /PRNewswire-FirstCall/ -- - Order Book Climbs to EUR 1.8 Billion - Outlook For 2009 Unchanged: Operating Profit of Approximately EUR 25 Million Situation in the first quarter of 2009 The markets for property and infrastructure showed no improvement during the first quarter.

LONDON, May 6 /PRNewswire/ -- The nuclear power generation sector is experiencing a surge of interest, leading to a variety of partnerships and collaborations which are changing the face of the industry.

Dow Jones VentureSource: Non-U.S. Investment Falls to $1.87B, Lowest Quarterly Total Since 2004; Europe Sees Record-Low Deal Count but Outpaces U.S.

ISTANBUL, May 6 /PRNewswire-FirstCall/ -- The Boeing Company (NYSE: BA) and Turkish Airlines have signed an order for five Boeing 777-300ER (Extended Range) airplanes valued at $1.36 billion at current list prices. This is the first time Turkish Airlines has purchased new 777s directly from Boeing.

JOHANNESBURG, South Africa, May 6 /PRNewswire-FirstCall/ -- Sasol (NYSE: SSL) announced in January 2009 that as part of the Group's ongoing legal compliance programme Sasol Limited had initiated a comprehensive competition law compliance review of all Sasol businesses in July 2008.

LONDON, May 6 /PRNewswire-FirstCall/ -- Lufthansa Tecknik was the major winner at the inaugural Aviation Industry Awards (http://www.aviationindustryawards.com), organized by UBM Aviation, winning three titles plus the Best All-round MRO Service Provider title.

CALGARY, May 6 /PRNewswire-FirstCall/ - Addax Petroleum Corporation (TSX: AXC and LSE: AXC) ("Addax Petroleum" or the "Corporation") will announce its financial results for the quarter ended March 31, 2009 on Wednesday, May 13, 2009, and will discuss its financial results in a conference call on Wednesday, May 13, 2009 at 11:00 a.m.

Ford invests $550 million to transform Michigan Assembly Plant (formerly Michigan Truck Plant) from a large SUV factory into a modern, flexible small car plant Production for the North American market of the new global Ford Focus begins next year followed by production in 2011 of a battery-electric Focus, helping Ford meet its promise of delivering four new electric vehicles in the U.S.

"This event was a great success. We look forward to attending and finding new contractors here in the future.

DOWNERS GROVE, Ill., May 6 /PRNewswire/ -- TMK IPSCO and GB Tubulars, LLP announced today that they have entered into an agreement, granting TMK IPSCO's Catoosa, Oklahoma finishing mill an exclusive license to make and sell welded tubular products utilizing GB Tubulars' "Coupling for Drilling-with-Casing Operations" patent (U.S.

Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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