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Canadian Zinc Options Tuvatu Gold Project, Fiji

May 19, 2009 1:05 am | by The Associated Press | News | Comments

Canadian Zinc Corporation (TSX: CZN)(OTCBB: CZICF) is pleased to announce that it has entered into an Option Agreement on the Tuvatu Gold Project in Fiji.Tuvatu is a high grade gold deposit located on the island of Viti Levu, Fiji, in the heart of the Pacific "Rim of Fire," and located...

Americas Insurance to underwrite new La policies, LA

May 19, 2009 1:05 am | by The Associated Press | News | Comments

NEW ORLEANS (AP) — Americas Insurance Co., which took on nearly 1,000 homeowner policies that had been covered by Louisiana's insurer of last resort, said it is entering the voluntary homeowners' market.The company said it expects to underwrite new policies in most Louisiana parishes.Louisiana...

Horses, inmates find care, comfort in each other, US

May 19, 2009 1:05 am | by JIM SUHR - Associated Press Writer - Associated Press | News | Comments

COLLINSVILLE, Ill. (AP) — Pete Luce was a bundle of nerves the first time he stood next to a towering former racehorse, knowing he could be seriously injured or killed with one kick.Months later, Luce moves easily among the one-ton animals at a Virginia prison in a program that allows inmates to...

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Altor and Bure Assume Ownership of Carnegie Investment Bank AB Business Editors

May 19, 2009 12:54 am | by The Associated Press | News | Comments

STOCKHOLM, Sweden-- (BUSINESS WIRE) — May 19, 2009-- Regulatory News:Today, all shares in Carnegie Investment Bank were transferred to Altor and Bure. The Swedish Financial Supervisory Authority and the appropriate authorities in the countries in which Carnegie is active have granted the required...

China boosts subsidies for car, appliance buyers

May 19, 2009 12:44 am | by ELAINE KURTENBACH - AP Business Writer - Associated Press | News | Comments

SHANGHAI (AP) — China will subsidize purchases of cars and home appliances to replace older models, expanding a program first introduced in rural areas to major cities, the government said Tuesday in its latest move to stimulate the economy.The decision by an executive meeting of the State Council...

Iraq rejects Kurdish plans to export gas to Europe, ML

May 19, 2009 12:39 am | by The Associated Press | News | Comments

BAGHDAD (AP) — Iraq's Oil Ministry has rejected plans by Kurdish authorities to unilaterally export gas from their semiautonomous region to Europe through a pipeline that runs to Turkey.Oil Ministry spokesman Assem Jihad said Tuesday oil and gas must be marketed by the ministry and revenues go to...

Fred. Olsen Energy ASA: Drilling Contract for Byford Dolphin Business Editors

May 19, 2009 12:39 am | by The Associated Press | News | Comments

OSLO, Norway-- (BUSINESS WIRE) — May 19, 2009-- Regulatory News:Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has entered into a Letter of Intent with Senergy Limited for the provision of the semi-submersible Byford Dolphin for one well in the UK sector in the North Sea. The...

Paper company threatens Indonesian orangutans

May 19, 2009 12:34 am | by ROBIN McDOWELL - Associated Press Writer - Associated Press | News | Comments

JAKARTA, Indonesia (AP) — One of the world's largest paper companies plans to clear a large swath of unprotected forest in Indonesia being used as a sanctuary for critically endangered orangutans, according to environmental groups working in the area.Singapore-based Asia Pulp & Paper has received a...

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Bill Clinton: Going green is good for economy, 3rd Ld-Writethru, AS

May 19, 2009 12:28 am | by JAE-SOON CHANG - Associated Press Writer - Associated Press | News | Comments

SEOUL, South Korea (AP) — The world can fight global warming in a way that makes sense financially, and the battle can even help countries overcome the ongoing economic crisis, former President Bill Clinton said Tuesday.Clinton stressed during an international climate change summit that it's...

Oil back down near $59 on market uncertainty

May 19, 2009 12:28 am | by PABLO GORONDI - Associated Press Writer - Associated Press | News | Comments

Oil prices traded around $59 a barrel on Tuesday as investors booked profits on early gains, when sentiment was buoyed by a global stock rally and signs the U.S. recession is easing. Continued unrest in Nigeria's oil-rich south and a fire at a U.S. oil refinery also supported prices.Benchmark crude...

Swedish car maker Saab confirms 3 bidders remain, 1st Ld-Writethru, EU

May 19, 2009 12:23 am | by The Associated Press | News | Comments

STOCKHOLM (AP) — Saab Automobile confirmed Tuesday that it is in talks with three potential buyers that have expressed interest in taking over the ailing General Motors Corp. unit."We have narrowed it down to a short list now," Saab spokeswoman Annicka Troedsson told The Associated Press. She...

HL:Black's lawyer "elated" by U.S. Supreme Court's decision to review case@

May 19, 2009 12:23 am | by The Associated Press | News | Comments

TORONTO — A lawyer for Conrad Black says he is "elated" by a U.S. Supreme Court decision decision that shocked some observers and could give the deposed media baron a new trial.The court agreed to review cases against Black and two former colleagues who were accused of siphoning more than...

China shares gain on industry support measures, 1st Ld-Writethru, AS

May 19, 2009 12:18 am | by The Associated Press | News | Comments

SHANGHAI (AP) — Chinese shares rose Tuesday following the government's announcement of plans to restructure and support oil refineries and light industries. Market sentiment was also helped by overnight gains on Wall Street.The benchmark Shanghai Composite Index climbed 23.9 points, or 0.9 percent,...

Bank of Ireland's profits plunge on loan losses, 2nd Ld-Writethru, EU

May 19, 2009 12:13 am | by SHAWN POGATCHNIK - Associated Press Writer - Associated Press | News | Comments

DUBLIN (AP) — Bank of Ireland PLC reported a 97 percent plunge in full-year profits Tuesday, citing a rising tide of defaulting loans that has spurred the bank's governor to resign.Still, the figures were better than investors feared and the company's shares soared 24 percent to close at...

Ga. tourism industry using social networking, GA

May 19, 2009 12:07 am | by The Associated Press | News | Comments

ATLANTA (AP) — The Georgia Department of Economic Development is using online social networking to promote the state's tourist attractions.The department's tourism division has launched an "Explore Georgia" fan page on the popular social networking site Facebook. The page is regularly updated and...

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