Business News Archive - July 28, 2009

China says the European Union's decision to impose anti-dumping import duties on Chinese steel wire rods will further strain their trade ties. The import duties announced Monday by the 27-nation EU will be up to 24 percent and will last five years, China Daily reported. The report said the decision

SEATTLE, July 28 /PRNewswire-FirstCall/ -- Boeing (NYSE: BA) and Turkish Airlines have finalized an order for seven Boeing 777-300ER (Extended Range) airplanes valued at $1.9 billion at current list prices.

HONG KONG, July 28 /PRNewswire-Asia/ -- Results Highlights: Financial Highlights (HKD '000) FY2008/09 FY2007/08 Growth (%) Revenue 1,033,199 765,538 35% Gross Profit 320,769 267,007 20% Profit from Operations 395,164 364,261 8% Net profit from Continuing Operations 228,674 175,373 30% Basic earnings per share from Continuing Operations (HK cents) 9.39 6.34 48% Final dividend per share (HK cents) 3 -- -- China Water Affairs Group Limited ("China Water Affairs" or the "Company", Hong Kong Stock Exchange: 0855.HK), one of the leading integrated water services operators in China, today announced the audited results of the Company and its subsidiaries (the "Group") for the year ended 31 March 2009 (the "Review Period").

LONDON, July 28 /PRNewswire/ -- Continental's new in-vehicle connectivity and infotainment platform AutolinQ is set to revolutionise the automotive world, ushering in new business models that are simpler, more flexible, and better set to maximise payoffs for all players along the telematics value chain.

PHOENIX, July 28 /PRNewswire-FirstCall/ -- U-Haul, the do-it-yourself moving industry leader since 1945, knows the most cost-effective ways for people to move and is always eager to pass on many savings to our customers.

LONDON, July 28 /PRNewswire/ -- While structural adhesives are still most often used in the building and construction, automotive, aerospace and wind energy, they are seeing increasing usage in other industries as well.

WILMINGTON, Delaware, July 28 /PRNewswire/ -- According to a new market research report, 'Drug-Device Combination Market (2009 - 2014)', published by MarketsandMarkets (http://www.marketsandmarkets.com), the total drug-device combination market is expected to be worth US$18.54 billion by 2014, out of which the U.S.

SAN FRANCISCO, July 28 /PRNewswire/ -- Virgin America, the California-based airline, today announced a new fare sale for summer and fall travel, featuring even lower fares on the airline that's reinventing flying as we know it.

NEW YORK, July 28 /PRNewswire-FirstCall/ -- Crystal Research Associates, LLC announced today that it has issued an Executive Informational Overview((R)) (EIO((R))) on Valley Forge Composite Technologies, Inc. (OTC Bulletin Board: VLYF).

ATLANTA, July 28 /PRNewswire-FirstCall/ -- Delta Air Lines (NYSE: DAL) today announced details of its 2010 SkyMiles Medallion((R)) program offering frequent flyers new, industry-leading benefits on the largest global airline network, including a new Diamond level status and rollover Medallion Qualification Miles (MQMs). (Logo: http://www.newscom.com/cgi-bin/prnh/20090202/DELTALOGO ) "We are committed to a best-in-class SkyMiles program that gives our most loyal customers the benefits they deserve.

Word of the Day
  • The horn of a unicorn considered as a medical or pharmacological ingredient.
  • A winged horse with a single horn on its head; a winged unicorn.
The word 'alicorn' comes from Italian alicorno, already associated with unicorns and reinterpreted, popularized by Bearing an Hourglass (1984) and other fantasy novels by Piers Anthony.