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  • Codelco Said to Reduce Copper Fees in China on Demand (Update2) Monday, January 5, 2009 @ 4:07PMJan. 5 (Bloomberg) -- Codelco, the world’s biggest copper producer, agreed to further reduce a China sales surcharge as demand slows, after earlier cutting it to a six-year low, two executives said.
  • Ohio company chosen for state broadband project Monday, January 5, 2009 @ 4:05PMMONTGOMERY, Ala. (AP) - State officials have selected a Cincinnati company for a $1.7 million two-year contract to make Internet broadband service available in all areas of the state. Currently Internet
  • Indian airline sacks overweight stewardesses: report Monday, January 5, 2009 @ 4:05PMIndia’s state-run carrier Air India has dismissed 10 women flight attendants who were grounded last year for being overweight, a report said on Monday. The sackings came after the cabin crew were war
  • Solyndra raises $219 million Monday, January 5, 2009 @ 4:05PMSolyndra Inc. raised $219.2 million from venture capitalists, according to PE Week Wire, which tracks the private equity market.
  • Strong long-term demand seen for outsourcing: Tholons Monday, January 5, 2009 @ 4:04PMThe worldwide market downturn will impact the growth and margins of IT companies for the first two-three quarters of 2009 before picking up and ending the year on a stronger note as clients seek to cut costs and generate more revenues, indicates the latest report of Advisory and Research firm Tholons.
  • IT firms shifting focus from headcount to result Monday, January 5, 2009 @ 4:04PME]ven while Indian IT firms are taking steps to reduce costs wherever possible, they are also making their delivery mechanisms stronger with less focus on employee addition.
  • Feedlot proposal rejected Monday, January 5, 2009 @ 4:04PMA planning permit for a proposed lamb feedlot at Crowlands has been rejected by Pyrenees Shire Council.
  • Astros sign 5 to minor league deals (AP) Monday, January 5, 2009 @ 4:03PMOutfielder Reggie Abercrombie and reliever Clay Hensley were among five players who agreed Monday to minor league contracts with the Houston Astros. Outfielder John Gall, and infielders Mark Saccomanno and Jason Smith also agreed to deals. The 27-year-old Abercrombie hit .309 with two home runs and five RBIs in 34 games with the Astros last season.
  • Raghav Gaiha & Katsushi Imai: The crisis of the sub-prime Monday, January 5, 2009 @ 4:03PMAs crisis-hit banks cut back on lending to agriculture and raise interest rates for the poor, poverty levels will rise. That the rampaging financial crisis has turned into a crisis of confidence is beyond dispute.
  • Astros sign five to minor league deals Monday, January 5, 2009 @ 4:01PMPlayers include OF Reggie Abercrombie who hit .303 with team in 2008
  • MCX posts record crude oil volume Sunday, January 4, 2009 @ 7:44AMThe Multi Commodity Exchange (MCX), the country’s leading commodity bourse, posted a record volume of 23.49 million barrels in crude oil futures on January 2. The previous record was 19.08 million barrels, achieved on December 15, 2008.
  • Base metals may remain volatile Sunday, January 4, 2009 @ 7:44AMBase metals may remain volatile this week on short covering and profit booking.
  • Cipla may miss profit target, say analysts Sunday, January 4, 2009 @ 7:42AMDrug major Cipla is likely to miss its target of 12-15 per cent year-on-year profit after tax (PAT) growth in 2008-09, mainly due to foreign exchange losses, margin pressure in the first half, and dwindling revenues from technology fees and partnerships, predict analysts.
  • After a year of calamity, markets face arduous recovery Sunday, January 4, 2009 @ 7:41AM After a year of devastating losses, the stock market has the makings of a recovery in 2009: Nearly $9 trillion in cash on the sidelines,
  • Indure to build equipment for 500 Mw TPS in Rajasthan Sunday, January 4, 2009 @ 7:40AMElectricity equipment maker Indure has said it would build parts for the 500 Mw thermal power station in Rajasthan, to be commissioned in the next two years.
  • Deal in the works? Sunday, January 4, 2009 @ 7:38AMCould some members of the Maple Leafs be fitted for a new jacket of the blue variety?
  • Colleges profit from credit cards Sunday, January 4, 2009 @ 7:33AM(By Jonathan D. Glater, New York Times) When Ryan Muneio was tailgating with his parents at a Michigan State football game this fall, he noticed a big tent emblazoned with a Bank of America logo. Inside, bank representatives were offering free T-shirts and other merchandise to those who applied for credit cards and other banking products. “They did a good job,” Muneio, 21 and a junior at ...
  • Terry Maddaford: NZ hockey battles odds on the road to redemption Friday, January 2, 2009 @ 9:20AMWhen Brad Shaw crashed home the goal that broke Argentine hearts and sent the Black Sticks off to Beijing, hockey fans enthusiastically anticipated a year to savour.
  • U.S. faring better than the rest of world, Rep. Putnam reports Friday, January 2, 2009 @ 9:16AM(File photo) U.S. Representative Adam Putnam says the economy is not good but our country is faring better than many others. He is seen here during a November campaign trip in Lake Wales.
  • Europe Manufacturing Recession Worsens in December (Update2) Friday, January 2, 2009 @ 9:09AMJan. 2 (Bloomberg) -- European manufacturing contracted in December by more than initially estimated and at its fastest pace on record, signaling the recession is deepening.
  • Lundin Commences Drilling at North Sea Hyme Prospect Friday, January 2, 2009 @ 9:08AMDrilling of the exploration well Hyme 2/5-14S in license PL006C in the North Sea sector of the Norwegian Continental Shelf (NCS) has commenced. The well is being drilled by the jackup rig Maersk Gallant.
  • Zircon gains debt repayment extensions Friday, January 2, 2009 @ 1:52AMMineral sands miner Australian Zircon NL has been given more time by Commonwealth Bank of Australia Ltd (CBA) to pay back its debt.
  • Berkshire Has ‘Nowhere to Hide’ in Worst Drop in Three Decades Friday, January 2, 2009 @ 1:51AMJan. 2 (Bloomberg) -- Billionaire Warren Buffett ’s Berkshire Hathaway Inc. slumped 32 percent last year, the worst performance in more than three decades, as the U.S. recession forced down the value of the firm’s equity holdings and derivative bets.
  • Upshaw gone too soon Friday, January 2, 2009 @ 1:51AMOne is remembered not so much for crushing blocks — although he made it to the Hall of Fame with plenty of those — as for the dense, exacting language of contracts that would leave NFL players richer than they ever hoped.
  • Hamilton owes banks $10 million, county $500,000 Friday, January 2, 2009 @ 1:49AMAt least three banks have begun foreclosure actions in court against local businessman Doug Hamilton, claiming he defaulted on about $10 million in mortgages on numerous buildings, properties and mobile homes in and near Rapid City.
  • Today in the press Friday, January 2, 2009 @ 1:48AMBUS EIREANN PLANS NEW TIME SYSTEM - The Irish Independent says commuters left standing for ages in the cold will get relief with the roll-out in the New Year of a new system telling them when their bus will arrive.
  • Russia cuts gas to Ukraine Thursday, January 1, 2009 @ 6:59AMMOSCOW/KIEV (Reuters) - Russia cut off the gas to its neighbor Ukraine on Thursday after a contract dispute but increased supplies to other European states to try to reassure customers worried about possible disruptions.
  • Group says program benefits industrial farms Thursday, January 1, 2009 @ 6:57AMA federal conservation program originally designed to help small farmers is now disproportionately benefiting industrial livestock operations, according to a new report by a family farm advocacy group.
  • Russia cuts gas to Ukraine Thursday, January 1, 2009 @ 6:54AMRussia said on Thursday it had completely cut gas to its neighbour Ukraine over a contract dispute but assured European states worried about disruptions to their supplies that gas was flowing to them as normal.
  • (AFX UK Focus) 2009-01-01 12:32 WRAPUP 6-Russia cuts gas to Ukraine, rest of Europe unaffected Thursday, January 1, 2009 @ 6:47AMBy Dmitry Zhdannikov and Sabina Zawadzki
  • Indure bags Rs 930 cr contract from Rajasthan govt Thursday, January 1, 2009 @ 6:46AMDelhi-based power company Indure Private Ltd today said, it has bagged Rs 930 crore Engineering-Procurement-Construction contract from Rajasthan Rajya Vidyut Utpadan Nigam Ltd.
  • The rupee strengthened as much as 0.8% to 48.375 per dollar, before closing at 48.765, versus 48.775 per dollar ... Thursday, January 1, 2009 @ 6:44AMRupee strengthened for the first time in three days on speculation that FIIs will buy domestic stocks as the government steps up efforts to stave off an economic slump.
  • Mexico’s Peso Posts Worst Yearly Decline in More Than a Decade Wednesday, December 31, 2008 @ 4:51PMDec. 31 (Bloomberg) -- Mexico’s peso posted its worst annual decline in more than a decade as the global financial crisis roiled the nation’s financial markets and a recession in the U.S. eroded demand for Mexican exports.
  • Defense firms brace for slowdown under Obama Wednesday, December 31, 2008 @ 4:48PMArizona defense contractors who have prospered during the Bush presidency are bracing for a slowdown under President-elect Barack Obama.
  • NHS apartheid row as Scotland scraps hospital parking fees... but charges for English patients soar Wednesday, December 31, 2008 @ 4:47PM Parking charges at NHS hospitals and clinics in England have risen by more than a third in four years, it has been revealed.
  • Federal contract protests increase Wednesday, December 31, 2008 @ 4:47PMThere were more challenges to federal contracts in 2008 than any year in the past decade, as companies fought over fewer multibillion-dollar projects.
  • FII flows hold key to rupee Wednesday, December 31, 2008 @ 4:44PMThe currency fell the most in 17 years, losing 24 per cent against the dollar.
  • Testing, funding and school control Wednesday, December 31, 2008 @ 4:42PMSix years into its implementation, the issue of mayoral control is still a divisive one in the education community. And, with the legislation giving the mayor the reins of the city’s schools soon to sunset, debate over the topic in 2008 was fiercer than ever.
  • Crooked politicians dominate ’08 in central and mid Queens Wednesday, December 31, 2008 @ 4:42PMArson, murder and building development all took their turns on the pages of the Queens Chronicle in 2008, but nothing dominated headlines in mid and central Queens like political scandal.
  • WRAPUP 1-Russia prepares to halt gas supplies to Ukraine Wednesday, December 31, 2008 @ 4:38PMMOSCOW/KIEV, Jan 1 (Reuters) - Russia was preparing to turn off gas deliveries to neighbouring Ukraine on Thursday, raising the spectre of disruptions to European Union supplies.
  • Updated 12/31: Northbrook avoids getting socked with high prices for its road salt Wednesday, December 31, 2008 @ 4:35PM While many area towns are paying big dough for road salt and not getting enough, Northbrook is well-supplied and getting off cheap.
  • Allis-Chalmers Purchases Remaining Shares in BCH Tuesday, December 30, 2008 @ 11:08AMAllis-Chalmers announced the execution of a share purchase agreement to acquire all of BrazAlta Resources Corp’s remaining equity interest in BCH Ltd. for $5 million.
  • Operations Re-Commence at Libra-1 Following Australian Cyclone Tuesday, December 30, 2008 @ 11:07AMNexus has advised that on December 30, operations on the Libra-1 exploration well in exploration permit AC/P41 in the Browse Basin, offshore Western Australia, were running wireline logs.
  • EMCO plans production unit in S Africa Tuesday, December 30, 2008 @ 11:05AMMumbai-based EMCO, engaged in manufacture and sale of transformers and single-phase electronic energy meters in India, is planning to enter South African market through acquisition or by setting up a manufacturing facility. The company is planning to invest around Rs 50 crore.
  • Fitch Affirms Jersey Central Power, Met-Ed & Penelec; Outlook Stable Tuesday, December 30, 2008 @ 10:55AM CHICAGO----Fitch Ratings has affirmed the Issuer Default Ratings and outstanding credit ratings for Jersey Central Power & Light , Metropolitan Edison and Pennsylvania Electric Co. as follows:
  • Mozambique: Traffic Resumes On North-South Highway Tuesday, December 30, 2008 @ 10:54AMThe rains had washed away the supports for a small bridge over the Chiotive river at Mahoche, on the boundary between Morrumbene and Massinga districts. Hundreds of vehicles found themselves stranded on either side of the break in the main road.
  • Oil, gold have lost appeal after roller-coaster year Tuesday, December 30, 2008 @ 12:08AMDuring the first six months of 2008, commodities looked to be the savior of investors who were losing money in the stock market. In the second half, particularly for those who had invested in oil, futures contracts were their undoing. At the start of 2009, commodities have little appeal.
  • BEARS IN BRIEF: Lovie wants more consistency from Harris Tuesday, December 30, 2008 @ 12:05AMOf the players the Bears want to get right after a subpar season, defensive tackle Tommie Harris has to head the list.
  • U.S. Consumer Confidence Probably Rose on Lower Gasoline Prices Tuesday, December 30, 2008 @ 12:05AMDec. 30 (Bloomberg) -- U.S. consumer confidence probably improved in December for a second month as falling gasoline prices helped ease the strain on tattered household finances, economists said before a report today.
  • Dallas Cowboys coach vows to change team’s culture Tuesday, December 30, 2008 @ 12:05AMBy MAC ENGEL IRVING — Weeks before the season began, one Cowboys veteran predicted the 2008 Dallas Cowboys could very well finish with a 9-7 record. There were certain ominous signs floating around as far back as Oxnard, Calif., that have now become so obvious after a 9-7 season that even a head coach with more than 30 years of experience admits changes need to be made in how he does things. ...