Business News Archive - July 12, 2009

DUBAI, UAE, July 12 /PRNewswire/ -- Air Charter International (ACI), a leading aviation solutions provider in Arabia, Africa, Asia and Asia Pacific announces their commitment to sourcing world wide Hajj Charters for 2009. Air Charter International has successfully operated Hajj movements since 2003 from Iraq, Afghanistan, Morocco and the Maldives.


General Motors Corp. promises the slimming down process, as it tries to recover its position in the U.S. auto industry, will include its top management. It's a very painful process, Chief Executive Officer Fritz Henderson told The New York Times. We don't have a lot of bad executives.

TEL AVIV, Israel, July 12 /PRNewswire-FirstCall/ -- Strauss Water will lead and manage the Strauss Group's water activity, becoming one of the Group's main growth drivers in the years ahead.

HONG KONG, July 12 /PRNewswire-Asia/ -- GM has gone through the bankruptcy and reconstitution process within 40 days- a "lightening" speed, emerging as the new GM on July 10 formally.

PITTSBURGH, July 12 /PRNewswire/ -- We were deeply saddened to learn of the accidental death of Michael Brown early this morning.

More than 50 business groups say if the U.S. Congress supports a ban on imported cooked chicken from China, there could be a devastating response. The business alliance, which includes the American Farm Bureau Federation and the U.S.

U.S. automaker Ford Motor Co.

SYDNEY and WUXI, China, July 12/PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd.

Word of the Day
  • The governor of a province or people.
The word 'ethnarch' comes from a Greek word meaning 'ruler of a tribe or nation'.