Russian Ambassador to Serbia Aleksandr Konuzin has stated that there is no reason for NATO’s further expansion because it will create new divisions.
“Expansion policy of NATO, which represents not only a political but also a military alliance, creates new lines of division and it’s a question of security for us,†he told Novi Sad-based daily Dnevnik.
The company announces an expansion of its virtualization and cloud offerings in the government IT space. – Reflex Systems, a provider of virtualization systems management solutions,
announced it is expanding its federal government initiative to meet growing
demand for Reflex Virtualization Management Center (VMC).
Reflex whose offerings include VMC, vTrust Security,
vWatch Monitoring and vProfile Con…
AURA is a global BPMS (Business Process Management Suite) provider, delivering a solution that creates Business Process Workflow Execution Models without the need of IT programming. AuraPortal is 100% Web-based, and is complementary to existing ERP and CRM systems.
AuraPortal has a presence in 50 countries with more than 350 customers including, among others: Coca-Cola, PepsiCo, Frito-Lay, Toyota, Yamaha, Petróleos Mexicanos, Carrefour, ArcelorMittal, Eletrobrás, Saras, Royal KPN, Bristol-Myers Squibb, Sodexo, etc., as well as a many Government Agencies and Departments in several countries.
AuraPortal Headquarters are located in North America (Boston) and Europe (Holland) whereas the software development facilities are located in Spain and India.
Asiatravel.com (5AM.SG) off 5.6% at $0.425 after its FY10 net profit comes in 64% lower at $2.06 million, despite revenue +17% at $83.9 million.
Kim Eng says results below expectations; "the disappointing performance was due to higher operating expenses arising from aggressive launches of new products and sales channels. Consequently, no final dividend was declared and full-year total dividend was 0.6 cents per share."
U.S.-based Tora launched its Crosspoint dark pool service in Japan in February 2010 and says it provides traders with access to more than 5% of the orders passing through the Tokyo Stock Exchange.
Gross domestic product will grow 4% to 6% in 2011, the trade ministry said in a statement. The economy, vulnerable to swings in demand for its drugs and electronics, shrank less than previously estimated in the third quarter. The nation, which has had three recessions in the past decade, won’t experience one this year, the government said today.
President of the European Council Herman van Rompuy warned against protectionism, nationalism and euroskepticism in the first annual “Europe Address” in Berlin. The speech, organized by three German policy institutes, is meant to to measure progress in European integration and is to take place every year on November 9, the anniversary of the fall of the Berlin Wall.
Proceeds from the one-year revolving loan will be used for general corporate purposes and to help the London-based company expand in the region, Stemcor said in an e-mailed statement.
Keppel Energy, the wholly- owned subsidiary of Keppel Corporation, will commence the 800 MW expansion of its natural gas-fired Keppel Merlimau Cogen plant (KMC), on Jurong Island.
Expected to be completed by 2013, the expansion will boost KMC’s generation capacity to 1,300 MW from its current capacity of 500 MW.
When completed, KMC will be fuelled by both piped natural gas and Liquefied Natural Gas (LNG) to be supplied from the new Jurong Island LNG terminal. The total investment is expected to be around S$900 million. Keppel Energy will be using internally generated cash and external borrowings to fund the expansion.
Russian Army Chief of the General Staff Gen. Nikolai Makarov says that NATO’s expansion plans represent a threat. The general, who is currently visiting Serbia, told Belgrade daily Politika that this applied to the western military alliance’s expansion close to the Russian borders.
Mainboard-listed Ziwo Holdings, the China-based raw material producer of import substitution products, today announced that it plans to invest around RMB123.8 million ($24 million) to expand its production facilities to meet rising demand for its products.
Ziwo says the investment will be funded using the group’s internally generated funds and/or, if required, loans from financial institutions.
Fortress Investment Group LLC’s Adam Levinson, co-chief investment officer of global macro funds, will move to Singapore to lead the New York-based buyout and hedge-fund firm’s expansion in Asia.
Fortress will have an investment team of about 10 people in its new office in the city-state, Levinson, 40, said in an Oct. 1 interview from New York. He will start working in Singapore early next year.
The company bought a 5.1% stake in USEC Inc., a U.S. provider of enriched uranium producing 50% of the fuel in the world, Tobias Brown said in an interview in Singapore today. Of all the nuclear plants being built, about half are in China, he said.
Shares of Singapore-listed China XLX Fertiliser <CXLX.SI> rose as much as 6% on Monday on plans to construct a fourth urea production plant in China for 3 billion yuan ($592 million), traders said.
At 9:29 a.m., shares of China XLX were up 4.3% to $0.605, and 6.2 million shares had changed hands.
At around 0704 GMT, China Hongxing’s shares were traded at $0.20, with over 57.4 million changing hands. It was the day’s third most actively traded stock by volume.
Google unveiled a Gmail phone-calling application Aug. 25 but is mum on when the service will expand offshore. Skype, Facebook and others are growing their international user base. – Google may have generated a lot of publicity with its Aug. 25 announcement
of an application that makes phone calls through Gmail, but the company is
staying mum about any international expansion of the upcoming U.S.-centric
service.
quot;We don’t have anything to announce about an internationa…
Yangzijiang (BS6.SG) still highly sought after, +0.7% at $1.52 with volume at more than 6-week high of over 29 million shares, as shipbuilder’s capacity expansion in China via RMB107.7 million ($21.5 million) land acquisition supportive.
“Unlike the group’s other non-shipyard investments, this investment should gain the favour of investors as it underscores YZJ’s ambitions to be a dominant shipbuilder in China,” says Nomura; reviewing Reduce call, $0.75 target for upgrade.
Purchase comprises land, accompanying wharf (expected to be fully operational in September) in Jiangsu province. Pullback from morning high of $1.55 suggests upside minimal for rest of session.
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Manufactured by laser drilling, small hole made use of high optical microscope for testing to ensure the realization of the process.
