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IFC Sharply Increases Support for Agribusiness in Africa in FY08, Helping Address Soaring Food Prices

IFC Sharply Increases Support for Agribusiness in Africa in FY08, Helping Address Soaring Food Prices

   IFC, a member of the World Bank Group, today announced a new financing transaction that takes its annual investments in Africa’s agribusiness sector in fiscal 2008 to more than $70 million, a five-fold increase over its average for the last three years.

Posted : Sat, Jul 05, 2008

Category : World-Business / Business-Finance News

Dow Renews OSHA Alliance for Third Time

Dow Renews OSHA Alliance for Third Time

   The Dow Chemical Company (Dow) and the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) have renewed their Alliance and will continue to focus on advancing a culture of prevention of safety and health hazards for the nation’s working men and women.

Posted : Sat, Jul 05, 2008

Category : World-Business / Business-Finance News

IFC Invests in Mixta Africa to Help Increase Affordable Housing

IFC Invests in Mixta Africa to Help Increase Affordable Housing

   IFC, a member of the World Bank Group, has invested in the shares of Mixta Africa, a real estate company operating in Africa.

Posted : Sat, Jul 05, 2008

Category : World-Business / Business-Finance News

Nokia, the NRW Government and the City of Bochum to create a "Growth for Bochum" program

Nokia, the NRW Government and the City of Bochum to create a

   Nokia, the State of North Rhine-Westphalia (NRW) and the City of Bochum jointly unveiled a plan today to stimulate growth, create new jobs and generate investment for Bochum and the neighbouring cities.

Posted : Fri, Jul 04, 2008

Category : World-Business / Business-Finance News

BAE Systems to Develop Nano-Sensor Technology in Agreement with Micromem

BAE Systems to Develop Nano-Sensor Technology in Agreement with Micromem

   BAE Systems -- under an agreement with Micromem Applied Sensor Technologies Inc., -- will co-produce nano-sensor technology that will leverage both companies’ expertise for use in military, commercial, and homeland security applications.

Posted : Fri, Jul 04, 2008

Category : World-Business / Business-Finance News

BAE Systems, Lockheed Martin Team To Offer U.S Navy 5-INch Precision Guided Muni

BAE Systems, Lockheed Martin Team To Offer U.S Navy 5-INch Precision Guided Muni

   BAE Systems and Lockheed Martin are teaming to develop long-range guided munitions for the U.S. Navy.

Posted : Fri, Jul 04, 2008

Category : World-Business / Business-Finance News

Lockheed Martin and National Archives Take Major Leap Toward Electronic Archives of the Future

Lockheed Martin and National Archives Take Major Leap Toward Electronic Archives of the Future

   The National Archives and records Administration (NARA) recently announced Initial Operational Capability (IOC) of the Electronic Records Archives (ERA) system, built for the agency by Lockheed Martin (NYSE: LMT).

Posted : Thu, Jul 03, 2008

Category : World-Business / Business-Finance News

Airbus selects lead logistics and transport providers

Airbus selects lead logistics and transport providers

   Airbus has selected Kuehne+Nagel as lead logistics provider and DHL as lead transport provider, becoming Tier 1 partners for Airbus.

Posted : Thu, Jul 03, 2008

Category : World-Business / Business-Finance News

Boeing GPS IIF Satellite Completes Environmental Tests

Boeing GPS IIF Satellite Completes Environmental Tests

   The Boeing Company [NYSE: BA] has completed environmental tests of the first of 12 Global Positioning System (GPS) IIF satellites, which confirm the mechanical integrity of the spacecraft.

Posted : Thu, Jul 03, 2008

Category : World-Business / Business-Finance News

AT&T Expands Wireless Network for Rochester Customers

AT&T Expands Wireless Network for Rochester Customers

   Network Upgrade is Part of a Planned $80 Million Investment in Upstate New York.

Posted : Fri, Jun 27, 2008

Category : World-Business / Business-Finance News

DuPont, SFC to Develop Portable Power System

DuPont, SFC to Develop Portable Power System

   DuPont and SFC Smart Fuel Cell AG (SFC) announced yesterday that the M-25 portable fuel cell, which combines DuPont's direct methanol technology with SFC's commercially-proven fuel cell systems, products, and integration expertise, has been deployed for its first limited use in the field for the U.S. Army.

Posted : Thu, Jun 26, 2008

Category : World-Business / Business-Finance News

Boeing 737 Component Services Program to Help Caribbean Airlines Cut Costs

Boeing 737 Component Services Program to Help Caribbean Airlines Cut Costs

   Boeing (NYSE: BA) has welcomed Caribbean Airlines, Ltd., into the Boeing 737 Component Services Program (CSP), a materials management and supply-chain solution designed to help airlines reduce costs, enhance efficiency and improve spare parts availability.

Posted : Thu, Jun 26, 2008

Category : World-Business / Business-Finance News

IFC Supports Growth and Competitiveness of Central American Retailer, Grupo Monge

IFC Supports Growth and Competitiveness of Central American Retailer, Grupo Monge

   IFC, a member of the World Bank Group, today signed an agreement to help Grupo Monge Holding S.A., a family-owned retailer of household goods and electronics in Central America, expand its operations in El Salvador, Guatemala, and Honduras, increasing access to consumer credit for low-income customers.

Posted : Thu, Jun 26, 2008

Category : World-Business / Business-Finance News

Ericsson to divest its shares in Symbian to Nokia

Ericsson to divest its shares in Symbian to Nokia

   Ericsson (NASDAQ:ERIC) announced today that the company has decided to accept Nokia's cash offer to acquire all of the Symbian Limited shares that Nokia does not already own.

Posted : Wed, Jun 25, 2008

Category : World-Business / Business-Finance News

Nokia to acquire social-activity service provider Plazes

Nokia to acquire social-activity service provider Plazes

   Nokia and Plazes today announced an agreement for Nokia to acquire substantially all assets of Plazes, a privately-owned start-up company of 13 people with its principal operations in Berlin.

Posted : Wed, Jun 25, 2008

Category : World-Business / Business-Finance News

The Trump Organization and Nakheel to Sell Most Expensive Penthouse in Dubai

The Trump Organization and Nakheel to Sell Most Expensive Penthouse in Dubai

   Nakheel and the Trump Organization, two of the world's leading developers, are set to break property records in Dubai after receiving bids for an exclusive penthouse in Trump International Hotel & Tower on Palm Jumeirah.

Posted : Tue, Jun 24, 2008

Category : World-Business / Business-Finance News

MasterCard Worldwide Names Michael Manchisi CTO

MasterCard Worldwide Names Michael Manchisi CTO

   MasterCard Worldwide today announced the promotion of Michael Manchisi to chief technology officer.

Posted : Tue, Jun 24, 2008

Category : World-Business / Business-Finance News

GM and Henkel Take TecTalis Global

GM and Henkel Take TecTalis Global

   Henkel's TecTalis coating reduces costs while streamlining the paint pretreatment process

Posted : Tue, Jun 24, 2008

Category : World-Business / Business-Finance News

BT Americas Signs Joint Marketing Agreement With SAP America

BT Americas Signs Joint Marketing Agreement With SAP America

   BT Americas, Inc. ("BT") and SAP America, Inc. ("SAP") today announced that they have signed a joint marketing agreement to promote BT's telecommunications services and solutions and SAP's business software applications to customers and prospects.

Posted : Mon, Jun 23, 2008

Category : World-Business / Business-Finance News

Bayer plans to invest EUR 100 million in Brazil

Bayer plans to invest EUR 100 million in Brazil

   Bayer plans to invest roughly EUR 100 million at its Brazilian sites through the end of 2009.

Posted : Mon, Jun 23, 2008

Category : World-Business / Business-Finance News
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