Business News Archive - July 09, 2009

PARIS, July 9 /PRNewswire-FirstCall/ -- Under the liquidity contract with NATIXIS SECURITIES concerning MAUREL & PROM shares, the liquidity account stood as follows on June 30, 2009 : - 27,096 MAUREL & PROM shares - EUR 2,498,656.45 At the previous half-year balance, the liquidity account stood at : - 281,316 MAUREL & PROM shares - EUR 105,890.99 This press release may contain forward-looking statements with respect to the financial condition, results of operations and business strategy of Maurel & Prom.

FORT WORTH, Texas, July 9 /PRNewswire-FirstCall/ -- American Airlines and Etihad Airways, the national airline of the United Arab Emirates (UAE), have announced a new codeshare agreement which will pave the way for closer commercial cooperation between the two airlines (subject to government approval). The codeshare agreement will further extend each partner airlines' global network and offer customers a smoother, more convenient travel experience when travelling between the United States and the UAE.

South Korea's central bank Thursday left the key seven-day repo rate unchanged at 2 percent, the fifth straight month it has done so. Easing inflationary pressures and signs of improvement in the economy were the reasons for the Bank of Korea's decision, Yonhap news agency reported. The 2 percent rate, designed to buoy the economy, was reached after six consecutive rate cuts totaling 3.25 percentage points from October. A downturn is easing as production and demand are improving overall.

ABU DHABI, July 9 /PRNewswire/ -- - Security Specialists Must Work Together With Public Authorities to Reduce Risks In challenging economic times any unplanned loss of production in critical sectors, such as oil, gas, electricity and water, can be devastating for a company's profits.

MOSCOW, July 9 /PRNewswire/ -- Alexander Ananenkov, vice-president of Gazprom PLC, announced that the company is considering the possibility to place an order for the construction of two tankers (to transport liquefied natural gas from Shtockmann gas-field) at Severnaya Verf plant, a part of United Industrial Corporation (OPK).

BEIJING, July 9 /PRNewswire-Asia/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation in the first half year of 2009. According to the Company's preliminary statistics, as of June 30, 2009, the Company's total domestic power generation on consolidated basis amounted to 86.107 billion kWh, representing a decrease of 5.84% over the same period in 2008. The decrease in the Company's power generation was mainly due to the following reasons: 1.

ALICE, Texas, July 9 /PRNewswire-FirstCall/ -- Forbes Energy Services Ltd.

BOSTON, July 9 /PRNewswire/ -- Blacksmith Applications is pleased to announce the return of foodservice technology veteran Tina Wefer to its management team. Ms.

SINGAPORE, July 9 /PRNewswire-Asia-FirstCall/ -- The Board of Directors of China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") wishes to announce that it has, on July 7, 2009 (Bermuda time) received five notices dated between June 17, 2009 and June 26, 2009 from Cede & Co., the nominee of The Depository Trust Company, on behalf of (i) Shah Capital Fund, L.P., (ii) Shah Capital Management, (iii) Theo W.

SEOUL, South Korea, July 9 /PRNewswire/ -- With performance-inspired, aggressive and sleek styling, the all-new 2010 Forte Koup joins the Kia Motors America (KMA) lineup later this summer as the company's first-ever two-door coupe.

Word of the Day
  • An uxorious, effeminate, or spiritless man.
  • A timorous, cowardly fellow.
Probably a blend of meek and cock, or from meek +‎ -ock (“diminutive suffix”).