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Source Match Industrial News

Oil prices climb as Iran threatens EU supply cut (AP)

Flames shoot into the air after a gas pipeline explosion in the Sinai peninsula, 240 miles (374 kilometers) southeast of Cairo, Egypt, Sunday, Feb. 5, 2012. An Egyptian security official says attackers have set off explosives along a gas pipeline in the country's Sinai peninsula, halting exports to neighboring Israel and Jordan. The blast that took place Sunday at dawn is the twelfth successful attack on the line since the popular uprising that ousted longtime Egyptians leader Hosni Mubarak in February last year. The official says the attack by presumed Islamist militants caused huge fires, but fire engines put it out hours later. (AP Photo/Khaled Kandil)AP - Oil prices are rising as Iran again threatens to cut off supplies to Europe.


Under a Snow Moon: Full Moon of February Rises Tonight (SPACE.com)

SPACE.com - The full moon of February will hit its peak Tuesday night (Feb. 7) in what Algonquin Native American tribes have traditionally called the Snow Moon since heavy snowfalls typically occur in the northern regions this month.

Watchdogs to drag shadow banks into the light (Reuters)

Reuters - Beyond the reach of regulators, and about half the size of the world's banking industry, a thriving breed of "shadow banks" is emerging that could trigger the next chapter in the global financial crisis.

Delaware officials wrestle over mortgage deal (Reuters)

Reuters - Delaware stands to leave up to $40 million in homeowner relief on the table, if it does not join a multi-state mortgage settlement, according to a letter from the state's banking commissioner seen by Reuters on Tuesday.

Summary Box: Coke adjusted 4Q results beat Street (AP)

AP - THE NEWS: Coca-Cola Co.'s fourth-quarter net income fell 71 percent in the fourth quarter, mainly due to a benefit it received last year buying North American operations of one of its bottlers.

Greece drafts bailout text for parties as talks inch forward (Reuters)

Reuters - Greece's government is preparing a document with a list of painful reforms needed to clinch a new financing package, a government official said on Tuesday, moving Athens one step closer to a deal needed to avoid a chaotic debt default.

AP Enterprise: Brown bank regulator an insider (AP)

In this photo taken Monday Jan. 9, 2012, Jan Owen, Gov. Jerry Brown's appointee to head the Department of Corporations, testifies before the Assembly Banking Committee in Sacramento, Calif. Consumer groups say Owen's background working for companies that were at the heart of the mortgage meltdown raises questions about her approach at the department that oversees California banking, financial and consumer regulations. (AP Photo/Rich Pedroncelli)AP - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.


Wall St edges higher as Greece draws up bailout terms (Reuters)

Traders work on the floor of the New York Stock Exchange, February 6, 2012. REUTERS/Brendan McDermidReuters - Stocks traded edged higher on Tuesday as investors awaited the outcome of discussions on a bailout package for Greece that would help the country avoid a chaotic default.


Surprise drop in German industrial output

A shock fall in German industrial production in December confirmed the eurozone crisis caused Europe's largest economy to shrink at the end of 2011, economists said.

Seal Mummies Reveal Surprising Rapid Antarctic Changes (LiveScience.com)

LiveScience.com - Mummified seals now reveal that communities of microbes in Antarctica can change much faster than previously thought, scientists find.

Industry Consortium for Advancement of Security on the Internet Names New President

The Industry Consortium for Advancement of Security on the Internet , the foremost trade association for coordinated response to multi-product, information technology s

Are We at the Start of a Factory Renaissance?

Factory jobs are staging their first sustained increase in decades, up 235,000 year over year.

Bernanke repeats vow to shield U.S. from Europe fallout (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.

Energy Industry Leaders Have Shifted Focus to Wet Gas & Liquid Shale Plays

Wet gas and liquid shale plays are a significant new trend in the energy industry. Industry leaders such as ExxonMobil and Chesapeake have made recent announcements about rapidly shifting their strategic focus and investment for development to the liquid rich and wet gas dominant shale areas.

Coca-Cola beats Street, eyes cost savings (Reuters)

Reuters - Coca-Cola Co reported better-than-expected quarterly results and announced a new cost-savings program on Tuesday that it will use to boost its brands and mitigate higher commodity costs.

German industrial output drops

German industrial output fell in December, in line with an expected downturn in Europe's biggest economy at the end of last year, data showed on Tuesday but analysts expect a quick rebound.

Glencore-Xstrata deal meets shareholder opposition (Reuters)

Reuters - At least two top 10 shareholders in miner Xstrata plan to vote against a takeover by commodities trader Glencore, threatening the creation of a powerhouse spanning mining, agriculture and trading.

Fall in German industrial output

Production at German factories recorded a surprise fall in December, figures show

Greek party leaders seek deal as bankruptcy looms (AP)

Pedestrians walk across the tram lines at Athens' main Syntagma square, during a 24 hour strike on Tuesday, Feb. 7, 2012. A general strike against the impending cutbacks stopped train and ferry services nationwide, while many schools and banks were closed and state hospitals worked on skeleton staff. Heads of the three parties backing the interim government will confer with Prime Minister Lucas Papademos on new income cuts and job losses, which Greece's eurozone partners and the International Monetary Fund are demanding to keep the country's vital rescue loans flowing. (AP Photo/Dimitri Messinis)AP - Greek party leaders will seek Tuesday a long-delayed agreement on harsh cutbacks that bailout creditors demanded to save the country from bankruptcy but which have fueled nationwide outrage — a general strike snarled public services and thousands of protesters took to the streets of Athens.


German industrial output down 2.9%

Output misses market expectations. 7 Feb 2012 8:55 AM

Biotechnology Industry Starts Strong in 2012 -- MannKind and Celsion Look to Rally

NEW YORK, NY-- - Biotech stocks are on fire in 2012. The iShares NASDAQ Biotechnology index is up more than 15 percent year-to-date as impressive earnings results have boosted investor optimism in the ...

Research and Markets: Industrial and Organizational Psychology: Research and Practice, 6th Edition

Research and Markets has announced the addition of John Wiley and Sons Ltd's new book "Industrial and Organiza

Signs of Ancient Ocean on Mars Spotted by European Spacecraft (SPACE.com)

SPACE.com - A European spacecraft orbiting Mars has found more revealing evidence that an ocean may have covered parts of the Red Planet billions of years ago.

German industrial output down 2.9 pct in December

German industrial production fell 2.9 percent in December from the month before, according to official data released Tuesday, suggesting the country's economic slowdown could be worse than expected.

BP hikes dividend after strong fourth quarter (AP)

THIS PICTURE IS 7 OF 25 TO ACCOMPANY INSIGHT AP - BP PLC has raised its quarterly dividend by 14 percent after posting double-digit gains in profit and revenue in the last three months of 2011 despite further big payments to compensate for the disastrous oil spill in the Gulf of Mexico.


Toyota lifts profit forecast as disaster woes fade (AP)

Toyota Motor Corp. Senior Managing Officer Takahiko Ijichi speaks during a press conference at Toyota's Tokyo headquarters Tuesday, Feb. 7, 2012. Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track. (AP Photo/Shizuo Kambayashi)AP - Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.


ViroPharma Provides Update on Industrial Scale Supplement for Cinryze® (C1 Esterase Inhibitor [Human])

EXTON, Pa., Feb. 7, 2012 /PRNewswire/ -- ViroPharma Incorporated (Nasdaq: VPHM - News) today announced the U.S Food and Drug Administration (FDA) issued a complete response letter regarding Cinryze® (C1 Esterase ...

German industrial output falls in December

German industrial output fell in December, weighed down by declining activity in all sectors.

Walmart names ex-Woolworths veteran as new China CEO (Reuters)

Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.

German industrial output sees biggest fall since 2009

BERLIN (Reuters) - German industrial output posted its biggest fall in December since the depth of the financial crisis at the start of 2009, the Economy Ministry said on Tuesday, underperforming forecasts by a wide margin. However, the ministry said improving industry orders, which rose more than forecast in December, and brighter sentiment indicators signaled that a phase of weakness in Europe ...

Pakistan hunts for survivors as factory toll hits 19

Pakistani rescuers on Tuesday pulled more survivors and bodies from the rubble of a factory that collapsed in the city of Lahore, as the death toll rose to 19 after the disaster.

Judge allocates time for start of oil spill trial (AP)

AP - A federal judge has set aside nearly seven hours for opening statements in a trial over the deadly rig explosion in the Gulf of Mexico that resulted in the nation's worst offshore oil spill.

Could the Wind Turbines of Chile Harm Blue Whales? (Time.com)

Time.com - The energy-starved country needs wind power but environmental critics say it will not only mar the landscape but harm the wildlife

The nations weather (AP)

AP - Weather Underground Forecast for Tuesday, February 07, 2012.

Industry slams federal plan to list fracturing chemicals

Industry slams federal plan to list fracturing chemicals Houston Chronicle Copyright 2012 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 10:21 p.m., Monday, February 6, 2012 WASHINGTON - The oil and gas industry is attacking a leaked draft of government rules that would require companies to disclose the chemicals ...

The Worthless Junk the 1 Percent Waste Their Money On (ContributorNetwork)

ContributorNetwork - COMMENTARY | Strictly speaking, the 1 percent -- people whose incomes put them above the other 99 percent of us, starting at about $340,000 a year as of 2009, according to IRS data -- don't actually spend much of their money.

Industrial-strength award for Massey mathematician

A Massey University professor who uses mathematics to model the drift of ash from volcanic eruptions as well as solving industrial problems has just been awarded the highest Australasian accolade for maths in industry.

Pakistan factory collapse kills 13, traps dozens

Ten women and three children were killed with dozens of others trapped under rubble when a factory collapsed in the Pakistani city of Lahore on Monday, officials said.

Industry Leaders From Avaya, Cisco and VMware to Keynote at Interop Las Vegas

SAN FRANCISCO, Feb. 6, 2012 /PRNewswire/ --  Interop Las Vegas ® , produced by UBM TechWeb , today announced executives from Avaya, Cisco and VMware are scheduled to take the keynote stage in Las Vegas.  ...

Semiconductor Industry Workshop to Address Fully Depleted SOI Technology for Mobile and Consumer Electronics

BOSTON, Massachusetts, February 6, 2012 /PRNewswire/ --The sixth annual workshop on fully depleted silicon-on-insulator (FD-SOI) technology for advanced semiconductor architectures, featuring technical ...

Dam bursts in Bulgaria, 8 killed in floods (AP)

A man sorts through the remains of his home in the village of Bisser, 288 km ( aprox. 180 miles) east of the capital Sofia, on Monday, Feb 6, 2012.  A dam in southern Bulgaria collapsed after heavy rain on Monday, flooding Bisser village and killing at least eight people, with 10 others still missing, authorities said. Civil defense chief Nikolai Nikolov said a 2.5-meter (8-foot) flood hit 700 houses in the village of Bisser, near the Greek border, after the dam on the Ivanovo reservoir collapsed. (AP Photo/)AP - A dam in southern Bulgaria burst Monday after days of heavy rain, sending an eight-foot-high (2.5-meter) torrent surging through a village along the Greek border. The disaster brought the region's toll from flooding to eight dead, 10 missing.


Factory collapse in Pakistan kills 9, traps dozens

Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least nine, officials said.

Auction Industry Pioneer Larry Latham Joins Proxibid

Proxibid , the world’s largest real auction marketplace, today announced that Larry Latham, an auction industry pioneer, has joined its team to add focus to its b

ACT-IAC Selects 2012 Partners Program Class, Government and Industry Nominate their Strongest Leaders

The American Council for Technology-Industry Advisory Council today announced its 2012 Partners Program participants. The executive development program pairs 16 governmen

Sabre Launches Industry’s First Eco-Certified Hotel Program

Sabre Holdings, a global technology company for the travel industry, today announced the launch of its Sabre Eco-Certified Hotel Program, an industry first program that provides clear and easy access to sustainable travel offerings throughout Sabre’s portfolio.

Pakistan factory collapses in gas blast, 5 dead, many trapped

LAHORE, Pakistan (Reuters) - A three-storey factory collapsed on Monday in the Pakistani city of Lahore after a gas explosion, killing at least five people and trapping dozens, emergency officials said. "The factory has completely collapsed and two houses next to it as well," an emergency official at the site told Reuters by telephone, adding that narrow streets was preventing heavy rescue ...

Music Instrument Industry Optimistic about 2012 Sales, GE Capital Survey Reveals

Participants in the music instrument industry are optimistic about growing sales in 2012 even as they acknowledge that consumer demand has been muted in recent years, according to

Factory collapse in Pakistan kills 4, traps dozens

Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least four, officials said.

German Factory Orders Gained on Exports

German factory orders rose more than economists forecast in December as demand from outside the euro area helped its largest nation weather the sovereign debt crisis.

Factory collapse in Pakistan kills 2, traps dozens

A three-story factory illegally set up in a residential area of an eastern Pakistani city collapsed Monday after several gas cylinders inside exploded, killing at least two people and trapping over 40 others in the rubble, officials said.
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