Business News Archive - July 08, 2009

LONDON, July 8 /PRNewswire/ -- Perenco Ecuador Limited ("Perenco Ecuador") today called on the Government of Ecuador to cease efforts to sell oil seized from Blocks 7 and 21 in defiance of orders by international arbitration tribunals, and instead to seek a negotiated solution to the dispute concerning the applicability of Law 42 to Blocks 7 and 21. Perenco Ecuador is the Operator of Blocks 7 and 21 in Ecuador.

WASHINGTON, July 8 /PRNewswire-USNewswire/ -- American Road & Transportation Builders Association President & CEO Pete Ruane released the following statement regarding the Texas Transportation Institute's Annual "Urban Mobility Report:" "It should be a real wake-up call to political leaders and the public that it took the greatest economic downturn in nearly 80 years to cause a slight reduction in traffic congestion.

AUCKLAND, New Zealand, July 8 /PRNewswire/ -- The energy investment firm, World Energy Research is proud to announce the company is redefining its focus on cleaner ways to produce energy.

MOSCOW, July 8 /PRNewswire/ -- United Industrial Corporation (OPK) and Mitsui & Co., Ltd.

NEUCHATEL, Switzerland and PETACH-TIKVA, Israel, July 8 /PRNewswire/ -- The Thin-Film Photovoltaics Laboratory at IMT, a world leading lab in silicon-based thin-film solar cells research, part of the renowned Ecole Polytechnique Federale de Lausanne (EPFL), and BrightView Systems, an innovative developer of production process optimization tools for the solar industry are joining forces to introduce novel solutions for the optimization of next generation thin-film solar cells production. BrightView's advanced solutions will be utilized to provide real-time feedback to encompass a complete framework for process optimization that is scalable from pilot line to mass production of large area panels. "We are convinced that the strategy of BrightView, their ideas, dynamism, specific know-how and unique approach to key issues in manufacturing, will allow us to achieve our goals", said Prof.

LONDON, July 8 /PRNewswire/ -- The economic downturn has affected the global welding industry, particularly in Europe and the Americas.

HOUSTON, July 8 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for June 2009 was 967, down 26 from the 993 counted in May 2009, and down 135 from the 1,102 counted in June 2008.

TUCSON, Ariz., July 8 /PRNewswire/ -- The Tucson, Arizona - based Offshore Group will host two major manufacturing in Mexico events from October 20 - 24, 2009 at the San Carlos Plaza Hotel in Guaymas, Sonora. The Aerospace Manufacturing in Mexico Conference will take place on the 21st and 22nd of the month, and has been designed to introduce top industry executives to one of the largest aerospace manufacturing clusters in the country, as well as to the benefits enjoyed by manufacturers that choose manufacture in a low-cost environment in one of The Offshore Group's world-class industrial parks. The 15th Annual Manufacturing in Mexico Summit will take place from the 22nd until the 24th.

CHARLOTTE, N.C., July 8 /PRNewswire/ -- TobinDudleyStarr and its client Optima Engineering are receiving kudos from the green building industry for Optima's new 14,000-square-foot headquarters in the South End district of Charlotte.

CLEVELAND, July 8 /PRNewswire/ -- There is considerable change taking place in the business world. Companies are struggling to maintain profits while a poor economy reduces their sales.

Word of the Day
  • Stoppage; cessation (of labor).
  • A standing still or idling (of mills, factories, etc.).
The word chomage comes into English from French.]