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Saves 18 Million Dirhams with Ariba Business Editors

May 26, 2009 4:36 am | by The Associated Press | News | Comments

SUNNYVALE, Calif.-- (BUSINESS WIRE) — May 26, 2009-- Ariba, Inc. (NASDAQ:ARBA), the leading spend management solutions provider, today announced that, along with ETA Star Portal LLC, it has helped the ETA Ascon Star Group, a Dubai-based diversified company, drive over 18 million dirhams ($4.9...

Global CEOs back greenhouse gas cuts, carbon caps

May 26, 2009 4:36 am | by JOHN HEILPRIN - Associated Press Writer - Associated Press | News | Comments

COPENHAGEN (AP) — Global business leaders added momentum to prospects for a new U.N. climate treaty by agreeing Tuesday that the world must cut greenhouse gas emissions in half by mid-century by setting specific limits on carbon.Government officials reported little progress in setting such limits,...

United Therapeutics gets FDA OK for hypertension, APFN

May 26, 2009 4:36 am | by The Associated Press | News | Comments

SILVER SPRING, Md. (AP) — United Therapeutics Corp. said Tuesday the Food and Drug Administration has approved Cialis as a hypertension treatment,The company obtained licensing rights in 2008 to sell the erectile dysfunction drug for the new indication from Eli Lilly & Co. The drug, which is also...

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Somali pirates hone their tactics, APFN

May 26, 2009 4:30 am | by CHRISTOPHER TORCHIA - Associated Press Writer - Associated Press | News | Comments

ISTANBUL (AP) — The Somali pirates who hijacked the Danish tug Svitzer Korsakov telephoned Yemen, Djibouti and Dubai in a futile search for someone to collect a ransom and forward it to them for a fee. To the captive captain, they seemed like amateurs with no backup on shore.That was in early 2008,...

Ahead of the Bell: Borders to report 1Q results, APFN

May 26, 2009 4:30 am | by The Associated Press | News | Comments

PORTLAND, Ore. (AP) — Borders Group Inc. is scheduled to report its first-quarter results on Tuesday as the bookseller continues to struggle in a difficult economy.Ann Arbor, Mich.-based Borders has seen its sales slip for some time as shoppers turned to online and discount retailers like...

Chemical from paint may threaten Chinese sturgeon, APFN

May 26, 2009 4:30 am | by RANDOLPH E. SCHMID - AP Science Writer - Associated Press | News | Comments

WASHINGTON (AP) — Are wild Chinese sturgeon being painted into a corner?A chemical used in paint may be the cause of bone and eye deformities in endangered wild Chinese sturgeon, according to a new study.Existing at the edge of extinction, these sturgeon live in the East China and Yellow seas and...

Ahead of the Bell: Bank of America upgraded, APFN

May 26, 2009 4:30 am | by The Associated Press | News | Comments

NEW YORK (AP) — Bank of America Corp. was upgraded Tuesday by an analyst due to the stock's current price and strong demand for new shares it is offering as part of a plan to raise new capital.Friedman, Billings, Ramsey & Co. analyst Paul Miller upgraded his rating on the Charlotte, N.C.-based bank...

Denison Mines Announces C$82 Million "Bought Deal" Financing

May 26, 2009 4:29 am | by The Associated Press | News | Comments

Denison Mines Corp. (TSX: DML)(NYSE Amex: DNN) ("Denison" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of investment dealers, which have agreed to purchase, on a bought deal basis, 40 million common shares of Denison at a purchase price of C$2.05...

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Red Cross: Zimbabwe cholera cases to top 100,000, 1st Ld-Writethru, AF

May 26, 2009 4:29 am | by DONNA BRYSON - Associated Press Writer - Associated Press | News | Comments

JOHANNESBURG (AP) — The cholera outbreak in Zimbabwe, the worst in Africa in more than 15 years, is slowing but is still expected to reach 100,000 cases this week, the Red Cross said Tuesday.The Red Cross is appealing to donors, who have responded only reluctantly in the past, for more money to...

State-of-the-art veggie lab shown to press at industry ministry+

May 26, 2009 4:23 am | by The Associated Press | News | Comments

TOKYO, May 26 (Kyodo) — A state-of-the-art laboratory to grow vegetables and fruit using advanced technologies was shown to the press Tuesday in a lobby of the Ministry of Economy, Trade and Industry.Ministry officials said people can harvest lettuce and tomatoes throughout the year by controlling...

HL:Markets look to lower opening as North Korean missile test causes nervousness@

May 26, 2009 4:23 am | by The Associated Press | News | Comments

TORONTO — North American markets appear headed for a decline Tuesday, with investors rattled by North Korea's nuclear testing.North Korea reportedly defied the United Nations by firing two short-range missiles after testing a nuclear bomb on Monday. Investors were already nervous about the...

Canadian Solar posts 1Q loss, lowers '09 outlook, APFN

May 26, 2009 4:23 am | by The Associated Press | News | Comments

TORONTO (AP) — Canadian Solar Inc. on Tuesday posted a first-quarter loss due to declining average sales prices and a pull back in shipments as the uncertain financing environment constrained customer spending.The Toronto-based solar energy product manufacturer reported a net loss of $4.8 million,...

Mass. home sales continue to fall, MA

May 26, 2009 4:23 am | by The Associated Press | News | Comments

BOSTON (AP) — The number of single-family homes being sold in Massachusetts and the price of those homes dropped last month when compared to the same month a year ago, but there is hope on the horizon.The Massachusetts Association of Realtors reported Tuesday that sales of single-family homes...

Giant Interactive 1Q profit slides, APFN

May 26, 2009 4:17 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shanghai-based online gaming company Giant Interactive Group Inc. posted a 32 percent decline in its first-quarter profit Monday, hurt in part by tax expenses and what the company attributed to "disruptions" caused by adjustments to the monetization structure of its flagship...

Finland's April unemployment at 8.8 percent, EU

May 26, 2009 4:17 am | by The Associated Press | News | Comments

HELSINKI (AP) — Finland's unemployment rate last month hit a three-year high at 8.8 percent, up from 6.2 percent in April 2008 and 8.3 percent in March this year, the government statistics agency said Tuesday.Joblessness in Finland, which had been on a steady 10-year decline, began an upward climb...

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