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G-8 Plus G-5 Agree To Conclude Doha Trade Talks In 2010

Published July 10, 2009, 3:10 am, INO News

(RTTNews) - Leaders of the G-8 industrialized nations and the G-5 developing countries at their summit in the Italian city of L'Aquila pledged Thursday to seek an "ambitious and balanced conclusion" to the Doha Development Round at Pittsburg next year.

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New GM About to Roll Off Assembly Line

Published July 10, 2009, 3:08 am, The Lakeland Ledger

By TOM KRISHER & EMILY FREDRIX The Associated Press DETROIT | The new General Motors is about to roll off the assembly line as a leaner, greener model, maybe even a profitable one, too.

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Anglo Says Parker to Succeed Moody-Stuart as Chairman (Update2)

Published July 10, 2009, 2:55 am, Bloomberg

July 10 (Bloomberg) -- Anglo American Plc appointed John Parker to succeed Mark Moody-Stuart as chairman as it seeks to fend off a proposed 21.6 billion-pound ($35.2 billion) merger from rival mining company Xstrata Plc.

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EBRD provides €200 million to OTP

Published July 10, 2009, 2:55 am, Budapest Business Journal

The European Bank for Reconstruction and Development (EBRD) is providing a €200 million subordinated loan to OTP on market terms and will buy €20 million in OTP treasury shares, OTP Bank announced on Friday.

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Indian Mobile Operator Will Spin Off Infrastructure

Published July 10, 2009, 2:54 am, CIO

Idea Cellular, a large Indian mobile services provider, said on Thursday that it received shareholder approval to transfer its communications towers and other passive infrastructure to a subsidiary company, Idea Cellular Towers Infrastructure.

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De Beers Asks Namibian Government for Royalty Waiver (Update1)

Published July 10, 2009, 2:42 am, Bloomberg

July 10 (Bloomberg) -- De Beers asked the Namibian government to grant Namdeb, the country’s diamond producer, a waiver on royalty payments until the economic situation improves, said Daniel Kali, the company’s country manager.

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Suzuki, Mitsubishi Urged to ‘Forget America’ as Sales Slump

Published July 10, 2009, 2:32 am, Bloomberg

July 10 (Bloomberg) -- Suzuki Motor Corp. and Mitsubishi Motors Corp. , suffering from plunging U.S. sales and excess North American plant capacity, may have to quit the market after a quarter century.

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Glenmark launches hypertension drug fosinopril sodium in US

Published July 10, 2009, 2:14 am, PharmaBiz

Glenmark Generics Inc, USA (GGI), the US subsidiary of Glenmark Generics Limited and a leading company in the manufacture, marketing and distribution of high-quality, low-cost generic pharmaceutical products in the US, initiated the launch of fosinopril sodium and hydrochlorothiazide tablets in the US market.

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MoD details Super Hornet roll-out

Published July 10, 2009, 2:13 am, Defence Professionals

Senator John Faulkner, Minister for Defence, and the Hon. Greg Combet, Minister for Defence Personnel, Materiel and Science today announced that Australia’s first Block II F/A-18F Super Hornet has...

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Indian Stocks Fluctuate; Software Makers Rise on Infosys Profit

Published July 10, 2009, 2:01 am, Bloomberg

July 10 (Bloomberg) -- Indian stocks fluctuated, with the benchmark index set for the worst week in more than four months. Infosys Technologies Ltd. led gains by software companies after reporting better-than-expected earnings.

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