U.S. and European Market Roundup
· The DJIA down 21.61points to 9,487.67 points.
· The Dow Jones industrial average fell for a fourth day, losing 22 points one day after sliding 203 on reports of weak manufacturing and a jump in claims for jobless benefits.
Macro and Corporate New
· Tenaga Nasional Bhd and Argentina's giant energy firm Impsa have forged an alliance here to create an IPP run by wind generated turbines. The IPP is formed to reduce TNB's high dependency on depleting fossil fuels as well as cut cost in capacity payments to the current IPPs.
· Proton Holdings Bhd’s Chairman Datuk Mohd Nadzmi Mohd Salleh said Proton does not need a foreign partner to survive, stressing that it still has the upper hand in any collaboration talks.
· Tradewinds Corp Bhd expects property development to start contributing significantly to its revenue sometime between 2011 and 2012.
0 comments:
Post a Comment