Business News Archive - September 23, 2009

The Group of 20 summit in Pittsburgh this week has the potential to be one of the more extraordinary sessions since the group was formed in 1999. Already unusual, as the second G20 meeting in the same calendar year, the session features an overflowing agenda amid the sharpest economic downturn since the Great Depression begins to stage a turnaround. In April in London, G20 leaders meet to discuss staying the course on stimulus spending to prop up a weakened global economy that was -- although few knew it at the time -- just past its recessionary low.

DELHI, India, Sept. 23 /PRNewswire-FirstCall/ -- Ford Motor Company President and CEO Alan Mulally today revealed the much-anticipated new car to be produced in India.

HAMBURG, Germany and WUXI, China, Sept. 23 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd.

LOS ANGELES, FRANKFURT and HANOI, Sept. 23 /PRNewswire/ - PHIGroup, Inc.

HAIFA, Israel, September 23 /PRNewswire-FirstCall/ -- Oil Refineries Ltd. (TASE: ORL.TA) (the "Company" or "ORL"), Israel's largest oil refiner, announced today that following the Company's announcement of January 1, 2009 relating to the merger transaction between the Company and Carmel Olefins ltd.

LONDON, Sept. 23 /PRNewswire/ -- The global electric vehicles (EV) market is expected to revolutionise the automotive industry introducing a plethora of new technologies, innovative business models, and new entrants.

LONDON, Sept. 23 /PRNewswire/ -- Frost & Sullivan, the Growth Partnership Company, has launched the first ever ongoing study of building specifiers and facility managers in the commercial sector about their awareness, adoption, plans and spending on green building technologies.

Word of the Day
  • To play, gamble.
  • To impose upon; delude; trick; humbug; also, to joke; chaff.
  • A deceitful game or trick; trickery; humbug; nonsense.
The word 'gammon' in the sense of 'joke, trick' may come from 'backgammon'.