BUSINESS INFORMATION - Two meter sea level rise unstoppable: experts

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BUSINESS INFORMATION - Two meter sea level rise unstoppable: experts

from Reuters: Science News
OXFORD, England (Reuters) - A rise of at least two meters in the world's sea levels is now almost unstoppable, experts told a climate conference at Oxford University on Tuesday.


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BUSINESS INFORMATION - BofA CEO Lewis out by year's end, search on for successor

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BUSINESS INFORMATION - BofA CEO Lewis out by year's end, search on for successor

from Reuters: Business News
NEW YORK (Reuters) - Bank of America Corp CEO Kenneth Lewis announced he was retiring, after months of being dogged by a series of government investigations into the company's acquisition of Merrill Lynch last year that had become a major distraction for the biggest U.S. bank.


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BUSINESS INFORMATION - The market-European major stock markets fell for the second consecutive day on Wednesday

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BUSINESS INFORMATION - The market-European major stock markets fell for the second consecutive day on Wednesday, after U.S. jobs data worse than investors expected to dim the hopes for economic recovery.

The FTSE index of leading shares in London ditutuplebih low 0.50 percent to 5133, .9 points. In Paris the CAC 40 fell 0.49 percent to 3795.41 points and in Frankfurt DAX index closed 0.67 percent lower at 5675.16.

Companies' payrolls "(payroll) U.S., ADP, said Wednesday that the U.S. private sector cut 254,000 jobs in September, higher than the 200,000 expected by most analysts.


"ADP employment number is far worse than expected, although equity is still a little change," said analyst GFT, David Morrison. "However, it does not bode well for non-farm payrolls data Friday," he added.

Monthly reports the U.S. labor market, Friday, is expected to show another loss of 180,000 jobs and the unemployment rate rose from 9.7 percent today to 9.9 percent.

However, other data from the United States showed a sharp decline in U.S. economic contraction but relaxed confidence.

"Revised GDP rises but traders encourage consumer confidence figures which have prompted investors terrible hurry booked profits ahead of the end of the quarter," said Morrison.

European equities slid on Tuesday was as investors cashed in their profits from the rally other economic optimism, analysts said.

"The market was looking for a fresh impetus to move into one direction," said analyst John Murphy of ODL Securities on Wednesday.

"We're treading water for a moment, with investors appear to be happy with the benefits that have been recorded so far."

Wall Street stocks also retreated for the second consecutive day Wednesday Payroll private sector fell more than expected triggering nervousness in the economic outlook.

Dow Jones Industrial Average dropped 0.83 percent to 9661.42. The Nasdaq technology stocks fell 0.69 percent to 2109.35 and the Standard & Poor's index `s 500 index slipped 0.84 percent to 1051.74.

"Revision of GDP should be encouraging to traders and gives them reason to believe that economic growth in the second half to almost solid. But the idea that recovery can be sustained unemployment began to fade," said Douglas McIntyre of 24 / 7 Wall St..

Elsewhere in Europe, the Amsterdam AEX index fell 0.25 percent to 311.35 points, the Madrid Ibex-35 fell 0.82 percent to 11,756.10 and the Brussels Bel-20 fell 0.21 percent to 2485.62 .

FTSE MiB in Milan fell 0.39 percent to 23,473. Swiss Market Index closed 0.10 percent higher at 6323.18.

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BUSINESS INFORMATION - Wall Street stocks ended lower for the second consecutive day on Wednesday

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BUSINESS INFORMATION - Wall Street stocks ended lower for the second consecutive day on Wednesday, after data showed a steep decline in the payroll (payrolls) the private sector triggered rising concerns on the economic outlook.

The Dow Jones Industrial Average shrank 29.92 points (0.31 percent) to close at 9712.28 in the fall trading session up.

Index of technology stocks Nasdaq composite fell 1.62 points (0.08 percent) to 2122.42 and the Standard & Poor's index `s 500 shrink 3.54 points (0.33 percent) to 1057.07.



But the key stock index ends remote from their daily low, especially the Dow which lost more than 100 points at one stage.

Although the deficit to end the day, the Dow ended September with a 2.3 percent increase, and closed the quarter rose an impressive 15 percent, the best quarter since 1998.

On Wednesday, the market is affected by government reports that the economy shrank at rate of 0.7 percent was revised - better than the previous 1.0 percent decline - in the second quarter.

The new figure is more powerful than the 1.2 percent decline expected by most analysts and penuurunan strengthened from 6.4 percent in the first quarter.

The market is more focused on the estimated amount of payroll decline in the private sector and push the data on Midwest manufacturing activity.

"Revision of GDP should be encouraging to traders and gives them reason to believe that economic growth in the second half to almost solid. But the idea that recovery can be sustained unemployment began to fade," said Douglas McIntyre of 24 / 7 Wall St..

"Unemployment will almost certainly rise above 10 percent before the end of the year and stay above 9.5 percent in 2010 most of the year," he said.

ADP payrolls company said Wednesday that U.S. private sector cut 254,000 jobs in September, higher than 200,000 are expected by most analysts.

ADP report comes on Friday ahead of the monthly reports the U.S. labor market, which is expected to show another 180,000 lost jobs and unemployment rose from the current 9.7 percent to 9.9 percent.

"More high reduction of the work (data ADP), a marker for the participants that the expectations may be too high for non-farm payrolls report Friday that is expected to show a decrease of the` just `180,000 positions," said Patrick O'Hare from Briefing.com.

Also on Wednesday, purchasing managers index (IMP) dariInstitute for Supply Management-Chicago - the main barometer of regional businesses - fell to 46.1 in September, down from 50.0 in August and most analysts expectations of 52.0.

This is a "return to the contraction zone of activity," analysts from Natixis Mufteeva Inna noted. Readings below 50 signal contraction.

Nike, the largest sports apparel company in the world, is one of the printers increase in bearish markets. Rose 7.67 percent to 64.70 dollars after the first quarter earnings slightly ahead of year-to-year while revenue slipped.

Ameriprise Financial jumped 12.34 percent to 36.33 dollars on news that Bank of America has agreed to sell banking unit, asset management business of Columbia Management long-term worth 1.2 billion dollars.

However, shares of CIT, one of the largest U.S. lender to small businesses, fell 1.21 percent to 45.00 dollars after a report said the company will hand control to bondholders or file for bankruptcy.

Bond market also declined. Results on the bonds 10-year state rose to 3.307 percent from 3.292 percent on Tuesday and the 30-year bond rose to 4.048 percent from 4.023 percent. Bond prices and yields move in the opposite direction.

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BUSINESS INFORMATION - Apple passes 2 billion app downloads

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BUSINESS INFORMATION - Apple passes 2 billion app downloads
from Reuters: Technology News
NEW YORK (Reuters) - Apple Inc said on Monday that downloads from its iTunes applications store had passed 2 billion and that it now has more than 85,000 apps available for the iPhone and iPod Touch.


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BUSINESS INFORMATION - Opera urges EU regulators not to rush Microsoft case

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BUSINESS INFORMATION - Opera urges EU regulators not to rush Microsoft case
from Reuters: Technology News
BRUSSELS (Reuters) - Norwegian browser maker Opera urged European Union antitrust regulators on Monday not to rush to close its antitrust case against Microsoft before ensuring a level playing field among browsers.


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BUSINESS INFORMATION - HP may merge PC, print divisions: report

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BUSINESS INFORMATION - HP may merge PC, print divisions: report
from Reuters: Technology News
SAN FRANCISCO (Reuters) - Hewlett-Packard Co is considering a plan to reorganize the company and combine its printer and personal computer units, the Wall Street Journal reported on Tuesday.


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BUSINESS INFORMATION -Sightseeing Taman Impian Jaya Ancol brings the latest innovations vehicle that is "water outbound"

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BUSINESS INFORMATION -Sightseeing Taman Impian Jaya Ancol brings the latest innovations vehicle that is "water outbound" which will begin operating on Saturday (3 / 10) next.

"This spacecraft will be the sensation of its own for lovers of outbound," said President Director of PT Pembangunan Jaya Ancol Tbk, Budi Karya Sumadi through the Deputy Head of Public Relations Taman Impian Jaya Ancol, Sofie Cakti in Jakarta, Monday



Sofie describes the spacecraft is outbound game that was in a "royal water" and some are past the swimming-pool at the Atlantis Water Adventure.

He also mentioned that water is a result of outbound cooperation Taman Impian Jaya Ancol with specialists from France namely outbound Chris Gerand.

Sofie describes outbound water is very different when compared to ever before.

Outbound Water can also be played by all the visitors who come to the Taman Impian Jaya Ancol ranging from children to adults.

Inside the vehicle there are various facilities including game "flying fox", the bridge to the tree house for children.

"By entering into these vehicles, visitors seemed to be in a water kingdom of Atlantis," he said.

Sofie also added, that in accordance with Lebaran theme carried by the Taman Impian Jaya Ancol is "Turn on the Imagination in the day-Fitr".

Meanwhile, since 20 September and some games in the water has to be enjoyed outbound visitors Atlantis Water Adventure.

It's just that whole game has a new set will be operated on Saturday, October 3, 2009 to come.

Taman Impian Jaya Ancol is one tourist attraction in Jakarta the most visited by the visitors, especially on major holidays such as Lebaran 1430 Hijri. , In addition Ragunan Zoo.

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BUSINESS INFORMATION -Several researchers have been exploring China-like dinosaur fossil

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BUSINESS INFORMATION -Several researchers have been exploring China-like dinosaur fossil with four wings of birds in northeastern China, which they suspect is the missing link in the evolution of dinosaurs into birds.

In a report in the journal "Nature", they said they found a fossil "Anchiornis huxleyi", which were well maintained and roamed the Earth about 160 million years ago, in a geological area in Liaoning province in northeast part of China.

Fossil, which has a body size of chicks, has a total length of the body is less than 50 centimeters and length of the skull with a 6 inch, pata lead researcher Xing Xu of China Academy of Sciences in Beijing by electronic mail.

"These findings indicate that the birds are probably descended from a kind of four-winged dinosaur small around 160 million years ago," said Xu.

"This is the link between more specific theropod (dinosaur wandering around with two rear body) and birds. Animals are alive at about the same age ... we expected for the ancestors of birds," he said.

In a statement, the researchers said, "Fur long closed sleeves and tails, but also legs, so that shows that the four-wing phase may exist in the transition to birds."

The transition from dinosaurs to birds still not too understood due to the lack of fossils that were well maintained, and many scientists say the dinosaur-like bird appeared very late in the fossil record as the ancestors of birds actually.

The researchers believe that China is a dinosaur fossil was similar to the oldest bird that so far reported, and older than Archaeoteryx, the earliest bird ever known.

"The existence of such species at this time in the fossil record to argue effectively the argument that the dinosaur-like bird appeared very late to be ancestors of birds," they wrote.

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BUSINESS INFORMATION -Two major banks refused to help the Italian government for dragging them out of financial crisis

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BUSINESS INFORMATION -Two major banks refused to help the Italian government for dragging them out of financial crisis, choosing to rescue their own fund raising, they said on Tuesday.

One bank, Unicredit, said in a statement it expected to issue new shares to raise capital of four billion euros (5.8 billion U.S. dollars) in early 2010, rather than taking government money in return for bonds.

Others, Intesa Sanpaolo, also announced it would raise funds through financial instruments worth spending to 1.5 billion euros and certain other transactions which aims to improve the capital base.

Both banks say they have reversed their initial decision to issue bonds before the special bank, the government's offer to buy to prop up banks and keep their loans after the world financial crisis erupted last year.

Intesa Sanpaolo said in a statement that he made his decision "in light of the better tendency in the performance of groups and economic scenario than the beginning of the year."

But Unicredit praised the government move which he said "have contributed significantly to the stabilization of the financial system and creating the necessary conditions to access the capital markets."

Intesa Sanpaolo said the government's offer to order the bond "had a concrete help to the Italian banking system out of the market phase is very critical and risky."

But Adolfo Urso, a vice minister of economic development, they warned that the announcement was not "a positive sign for business credit waiting.

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BUSINESS INFORMATION - Main Currency Rate Against Dollar in London

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BUSINESS INFORMATION - Main Currency Rate Against Dollar in London

U.S. Dollar currency. The exchange was the primary currency exchange rates against the dollar in London, Tuesday, 2100 GMT (0400 Wednesday GMT), as follows:

High End Low

Euro 1.4579 1.4645 1.4527

Japanese Yen 90.08 90.39 89.63

British Pound 1.5957 1.5989 1.5826

Swiss Franc 1.0361 1.0406 1.0314

Danish Crown 5.1034 5.1236 5.0823

Norwegian Crown 5.8455 5.8684 5,815

Swedish Crown 7.0059 7.0397 6,961

Australian Dollar 0.8699 0.8762 0.8677

Brazilian Real 1.7909 1.7966 1.7861

Canadian Dollar 1.0845 1.0924 1.0796

Hong Kong Dollar 7.7495 7.7502 7.7501

Mexican Peso 13.5248 13.59 13.5088

Russian ruble 30.1358 30.1955 30,049

Singapore Dollar 1,417 1,421 1.4168

South African Rand 7,415 7.4452 7.3715

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BUSINESS INFORMATION - The exchange was the main currency exchange rates against the euro in London

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BUSINESS INFORMATION - The exchange was the main currency exchange rates against the euro in London, Tuesday, 2100 GMT (0400 Wednesday GMT), as follows:

High End Low

U.S. Dollar 1.4579 1.4645 1.4527

Japanese Yen 131.34 131.79 130.71

British Pound 0.9135 0,921 0.9104

Swiss Franc 1.5112 1.5128 1,509

Danish Crown 7.4431 7.4448 7,443

Greek drachmas - - --

Norwegian Crown 8.5266 8,534 8,508

Swedish Crown 10,217 10.2483 10.1827

Australian Dollar 1.6752 1.6758 1.6643

Canadian Dollar 1.5813 1.5887 1.5787

11,299 Hong Kong Dollar 11:38 11:26

Russian ruble 43,923 44.1139 43,819

Singapore Dollar 2.0666 2.0817 2.0616


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BUSINESS INFORMATION - Twitter snags $100 million investment, new backers

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BUSINESS INFORMATION - Twitter snags $100 million investment, new backers
from Reuters: Business News
SAN FRANCISCO (Reuters) - Twitter nabbed $100 million in funding and a $1 billion valuation on Friday from five firms including mutual fund giant T. Rowe Price, as investors bet that the Web sensation's explosive growth will yield actual revenue or a lucrative deal.


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BUSINESS INFORMATION - Fed officials say policy path hard to communicate

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BUSINESS INFORMATION - Fed officials say policy path hard to communicate
from Reuters: Business News
WASHINGTON/CHICAGO (Reuters) - U.S. Federal Reserve officials mused about the timing and pace of the central bank's removal of its unprecedented support for the economy on Friday, saying the shift could be abrupt and might be hard to communicate to financial markets.


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BUSINESS INFORMATION - Citi sues Morgan Stanley over CDS, claims $245 million

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BUSINESS INFORMATION - Citi sues Morgan Stanley over CDS, claims $245 million
from Reuters: Business News
NEW YORK (Reuters) - Citigroup Inc sued Morgan Stanley on Friday for breach of contract, saying the Wall Street firm owed it $245.4 million for protection it bought on a loan.


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BUSINESS INFORMATION - MRI, solar cells, aging work lead Nobel predictions

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BUSINESS INFORMATION - MRI, solar cells, aging work lead Nobel predictions
from Reuters: Science News
WASHINGTON (Reuters) - Scientists who discovered the secrets of how cells age, who made efficient solar cells possible and who figured out how to watch the brain work in real time are all leading contenders for Nobel prizes, Thomson Reuters predicted on Thursday.


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BUSINESS INFORMATION - Unilever pays 1.3 billion euros for Sara Lee brands

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BUSINESS INFORMATION - Unilever pays 1.3 billion euros for Sara Lee brands
from Reuters: Business News
LONDON/CHICAGO (Reuters) - Sara Lee Corp will sell its personal care brands like Sanex and Brylcreem for $1.87 billion (1.275 billion euros) to consumer goods giant Unilever and set a $1 billion share buyback plan, sending its stock up 6 percent.


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BUSINESS INFORMATION - Oil rises above $66; Iran tension supports

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BUSINESS INFORMATION - Oil rises above $66; Iran tension supports
from Reuters: Business News
NEW YORK (Reuters) - Oil prices rose above $66 a barrel on Friday, supported by evidence of improving consumer sentiment and heightened tension around Iran's nuclear program.


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BUSINESS INFORMATION - CIC to invest $1 billion in Oaktree: report

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BUSINESS INFORMATION - CIC to invest $1 billion in Oaktree: report

from Reuters: Business News
NEW YORK (Reuters) - China Investment Corp, the $200 billion sovereign wealth fund, has agreed to invest about $1 billion in Los Angeles-based Oaktree Capital Management, the Wall Street Journal reported on its website on Friday.


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BUSINESS INFORMATION - Toyota raises world '09/10 sales forecast 3 percent

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BUSINESS INFORMATION - Toyota raises world '09/10 sales forecast 3 percent: report
from Reuters: Business News
TOKYO (Reuters) - Toyota Motor Corp , has raised its global sales forecast for the year to March 2010 by 3 percent to 6.7 million cars, the Tokyo Shimbun daily reported on Saturday, in the latest sign of a nascent recovery in auto demand.


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BUSINESS INFORMATION - U.S. Secretary of State Hillary Clinton

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BUSINESS INFORMATION - U.S. Secretary of State Hillary Clinton, Friday, expressing a food safety initiative launched by the administration of President Barack Obama to fight hunger around the world.

"Food security is not just about food. But this is a matter of security: economic security, environmental security, even national security," Hillary said at the Clinton Global Initiative meeting, led by her husband, former President Bill Clinton, reported AFP.

"Hunger continues to threaten the stability of government, society and the border," he added, and stated that there are food riots in more than 60 countries since 2007.

The new initiative, which raises Hillary said the construction of a "key element of our foreign policy", seeks to help farmers increase production and make technology and infrastructure investments to make agriculture "more productive and beneficial" in developing countries.

That would mark a shift from the current focus on emergency food aid for humanitarian crises or natural disasters.

The administration of President Barack Obama, Hillary emphasized "talking about the causes of famine" over plans to conduct research to develop better seeds, impose insurance program to protect farmers against agricultural risks, and linking farmers and agribusiness to the market.

He said the women, who form the majority of farmers in the world, will be placed in the heart of the business.

Clinton cited a World Bank efforts in Mali to finance the modernization of an improved system of irrigation canals and thereby "dramatically" increase the paddy yield and farmers' income.

He urged Congress to fully fund the request for the U.S. State Department for 2010, and said the agency will ask for additional agricultural funding next year, and promised "long-term commitment and accountability to our business".

Bill Clinton praised the move, and said that "one mistake that I and all of the precursor is created when we stop helping people eat in 1981 forward, we forget the element capable of eating their own dignity."

The new plan "is a big problem. And that could change the U.S. relationship with people around the world", he added.

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BUSINESS INFORMATION - Group of 20 developed and developing countries (G20

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BUSINESS INFORMATION - Group of 20 developed and developing countries (G20), Friday, said that the IMF predicted growth stronger than expected recovery from the global economic crisis with a "nearly 3.0 percent growth" at the end of 2010.

"The IMF predicted that world growth will continue this year and increased almost 3.0 percent at year end 2010," the G20 said in a communique at the conclusion of a two-day summit in Pittsburgh reported the AFP.

The IMF estimates that the global contraction in July, 1.4 percent in 2009, and followed by a slower 2.5 percent growth in 2010.

G20 developing countries rich promise they will work together to help the world economy achieved a strong growth.

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BUSINESS INFORMATION - New blood tests promise simple cancer detection

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BUSINESS INFORMATION - New blood tests promise simple cancer detection

from Reuters: Science News
BERLIN (Reuters) - Two new blood tests could help doctors detect colon and stomach cancers simply, cheaply and early without the need for invasive procedures or unpleasant examinations, researchers said on Monday.


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BUSINESS INFORMATION - Heat helps in cancer treatment

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BUSINESS INFORMATION - Heat helps in cancer treatment

from Reuters: Science News
BERLIN (Reuters) - Cancer patients whose tumors are targeted with heat treatment as well as chemotherapy are more likely to stay alive and cancer-free for longer than those who receive only chemotherapy, researchers said on Tuesday.


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BUSINESS INFORMATION - Antarctic coastal ice thinning surprises experts

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BUSINESS INFORMATION - Antarctic coastal ice thinning surprises experts

from Reuters: Science News
OSLO (Reuters) - Scientists are surprised at how extensively coastal ice in Antarctica and Greenland is thinning, according to a study Wednesday that could help predict rising sea levels linked to climate change.


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BUSINESS INFORMATION - AIDS vaccine protects people, shocks researchers

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BUSINESS INFORMATION - AIDS vaccine protects people, shocks researchers

from Reuters: Science News
WASHINGTON (Reuters) - An experimental AIDS vaccine made from two failed products has protected people for the first time, reducing the rate of infection by about 30 percent, researchers said on Thursday.


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BUSINESS INFORMATION - U.S. credit card defaults rise to record: Moody's

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BUSINESS INFORMATION - U.S. credit card defaults rise to record: Moody's

from Reuters: Business News
NEW YORK (Reuters) - The U.S. credit card charge-off rate rose to a record high in August, as more Americans lost their jobs, Moody's Investors Service said on Wednesday, in another sign consumers remain under stress.


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BUSINESS INFORMATION - SEC sets insider trading charge in Dell-Perot deal

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BUSINESS INFORMATION - SEC sets insider trading charge in Dell-Perot deal

from Reuters: Business News
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission charged a Texas man with insider trading for reaping $8.64 million of illegal profit related to Dell Inc's planned purchase of Perot Systems Corp.


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BUSINESS INFORMATION - Airbus needs extra cash for new planes: report

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BUSINESS INFORMATION - Airbus needs extra cash for new planes: report
from Reuters: Business News
PARIS (Reuters) - Airbus , the world's largest civil planemaker, needs at least an extra 800 million euros ($1.2 billion) over six years to develop greener and faster planes, Chief Operating Officer Fabrice Bregier told Le Figaro newspaper.


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BUSINESS INFORMATION - Visa, MasterCard get Hungary cartel fine

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BUSINESS INFORMATION - Visa, MasterCard get Hungary cartel fine
from Reuters: Business News
BUDAPEST (Reuters) - Hungary's competition authority fined Visa, MasterCard and the country's top commercial banks on Thursday for illegally fixing the fees they charge each other after bank card transactions.


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BUSINESS INFORMATION - Citigroup U.S. retail bank focusing on 6 cities

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BUSINESS INFORMATION - Citigroup U.S. retail bank focusing on 6 cities

from Reuters: Business News
NEW YORK (Reuters) - Citigroup Inc's U.S. retail banking business plans to focus its marketing efforts on six cities, a source familiar with the matter said, but the bank's chief executive said he does not plan to dramatically shrink its branch network.


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BUSINESS INFORMATION - The scientists are developing creams that cause the reaction is faster than Viagra and without side effects

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BUSINESS INFORMATION - The scientists are developing creams that cause the reaction is faster than Viagra and without side effects.

As reported Dailymail, lotion mentioned almost instantaneous reaction while anti-impotence pills sometimes takes 30 minutes to an hour.



Erectile dysfunction occurs in one out of ten people in the UK, 70 per cent due to physical problems, while another 30 percent due to psychological factors.

During this drug-secret anti-impotence drugs is to make blood flow more freely to help the arteries to relax. This is done by blocking the effects of an enzyme called phosphodiesterase type 5.

But, the phosphodiesterase inhibitor resulted in side effects ranging from headaches, vision problems even more serious complications.

The man had a stroke or heart attack warning for using an anti-impotence carefully.

Problem of anti-impotence drugs available so far, one of every three users claimed that their medication does not work. Now, the problem can be overcome thanks to the work team of researchers from Albert Einstein College of Medicine at Yeshiva University, New York.

They develop ways to provide immediate treatment to the areas that require the nanoparticles contained in the lotion.

Tests on rats produced statistics that the new method works in nine out of ten cases.

However, scientists believe the drug takes 10 years before it is available in the market.

Kelvin P Davies, an author of the study published in the journal Sexual Health, said: "The time for nanoparticle effect, very short, only a few minutes, and that's what people want from erectile dysfunction medicine.



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BUSINESS INFORMATION - India's first mission to the Moon has found evidence of water in very much on the surface

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BUSINESS INFORMATION - India's first mission to the Moon has found evidence of water in very much on the surface, according to The Times newspaper, Reuters reported Thursday.

Data from spacecraft Chandrayaan-1 also shows the water was formed on the Moon, the British newspaper said it. Citing Mylswamy Annadurai, the mission's project director at the Indian Space Research Organization in Bangalore.

Newspapers are scheduled to announced a breakthrough reported by the Space Agency and the U.S. Aviation, Thursday.

Page NASA said the agency plans to create a media briefing held at 14:40 o'clock local time on September 24 in order to "reveal a new scientific findings on the Moon" from data collected during space missions nationally and internationally. Unmanned spacecraft equipped with India's Moon Mineralogy Mapper, NASA.



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BUSINESS INFORMATION - World food production must increase 70 percent in 2050

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BUSINESS INFORMATION - World food production must increase 70 percent in 2050, to feed the human population may be 9.1 billion, the Food and Agriculture Organization (FAO) United Nations project on Wednesday. FAO Assistant Director General Hafez Ghanem. However, he stressed that feeding all the people in the world when it "will not be automatic and some significant challenges must be met."



These institutions prepare high-level expert forum in Rome on 12-13 Oktober about "How the World Food in 2050" and plans to collect 300 specialists from academic, non-governmental and private institutions.

This forum will pave the way for the World Summit on Food Security in Rome on 16-18 November.

World population is estimated to grow from 6.8 billion today to 9.1 billion by 2050, according to the latest UN estimates.

Population Sub-Saharan Africa is expected to grow most rapidly (up to 108 percent, 910 million people), and East and Southeast Asia the slowest (up to 11 percent, 228 million). Approximately 70 percent of the world's population will live in cities or urban areas in 2050, up from 49 percent today.

Demand for food is expected to grow as a result of increased income and population growth, adding discussion paper. Cereal production has increased by nearly one billion tonnes from 2.1 billion today and meat production will grow by more than 200 million tons to reach a total of 470 million tons in 2050.

FAO estimates that "biofuel production can also increase the demand for agricultural commodities, depending on energy prices and government policies."

More land will be needed for crops "despite the fact that 90 percent of agricultural production growth is estimated to come from higher yields and increased the intensity of cultivation."

FAO estimates that "a fertile ground to extend approximately 120 million hectares in developing countries," especially in Africa and Latin America ", while the fertile land that is used in developed countries is estimated to decline approximately 50 million hectares, although this can be changed by demand biofuels. "

Globally, there is still enough land to feed the world population in the future, but most of the land potentially suitable for only a few plants, and the FAO warned other difficulties, such as chemical and physical constraints, endemic diseases and lack of infrastructure.

Such problems would require "significant investment," FAO said, adding that some countries in the Near East, North Africa and South Asia "has been reached or will soon reach the limits of available land."

FAO expects the withdrawal of water for agricultural irrigation to grow by nearly 11 percent in 2050.

The world has enough freshwater resources, but "they are very evenly distributed and the scarcity of water will reach the level of worry about the increasing number of countries or regions within countries, especially in the East / North Close, North Africa and South Asia.



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BUSINESS INFORMATION - Avtovaz Russian car giant said on Thursday, will cut up to 27,600 workers

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BUSINESS INFORMATION - Avtovaz Russian car giant said on Thursday, will cut up to 27,600 workers because of slow sales due to the impact of the global economic crisis. a statement as reported AFP.



Trimming is meant to represent nearly a third of the workforce in the company, which is 25 percent owned by Renault of France.

Previously, the manufacturer reported Lada icon will consider cutting as many as 36,000 employees, but said it had to "significantly lower in the early figures" for layoffs.

Russia has a car market with the fastest growth in Europe until last year but then plunged into crisis by a decrease in domestic demand.

With a large amount of unsold stock, Avtovaz has stopped production a month after the crisis hit the market already under pressure from competition from imports. Car giant, Fiat was founded in Italy in the Soviet era.



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BUSINESS INFORMATION - Dollars "rebound" (turned up) of the new lowest local time Thursday or Friday morning

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BUSINESS INFORMATION - Dollars "rebound" (turned up) of the new lowest local time Thursday or Friday morning, WIB, and traded mainly higher due to the financial markets to see new turmoil after reports that the U.S. housing sector weakened prudential encourage new investors.



Euro dipped to 1.4654 dollars at 2100 GMT from 1.4732 dollars late Wednesday. Euro on Tuesday and Wednesday has risen above 1.48 dollars for the first time in a year.

Meanwhile, the dollar rose to a thin 91.30 yen from 91.26 yen on Wednesday.

Euro lost favor as investors disappointed by the latest U.S. housing data, leaving the single currency to the dollar, which is seen as a better bet in times of tension.

Existing home sales (existing home) the United States fell 2.7 percent in August due to fever buy reduced after four months of consecutive increases, industry data showed.

National Association of Realtors said home sales in August fell to an annual rate adjustments periodically 5.10 million units. Down from July, but 3.4 percent higher than August 2008.

In late New York trading, the dollar stood at 1.0300 Swiss francs compared with 1.0267 francs on Wednesday. The pound was at 1.6053 dollars after 1.6347 dollars on Wednesday.



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BUSINESS INFORMATION - Stocks on Wall Street slumped Thursday local time

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BUSINESS INFORMATION - Stocks on Wall Street slumped Thursday local time, as U.S. home sales report disappointing, revive economic fears and encourage investors to push the market down for the second consecutive session.

The Dow Jones Industrial Average fell 41.11 points (0.42 percent) to close at 9707.44, extending losses from Wednesday.



Index of technology stocks Nasdaq composite fell 23.81 points (1.12 percent) to 2107.61 and the market index, the broader Standard & Poor `s 500 shrank 10.09 points (0.95 percent) to 1050.78.

Market down to a positive start after a report showed new U.S. unemployment claims fell last week to 530,000, highlighting a pelambat out of recession.

The number of new claims fell 21,000 in the week to 19 September from the previous week revised 551,000, Department of Labor reported, marking the third successive weekly decline in a row.

But the market turned around after a real estate industry survey showed sales of existing homes (existing home) in the U.S. fell 2.7 percent in August due to a fever buy reduced after four consecutive months of increases.

Celia Chen of Moody `s Economy.com said the housing market rebounds is still important to U.S. economic recovery and that may endanger the seizure with a high level.

Mike Fitzpatrick of MF Global said the market failed to be entertained by the comments from the Federal Reserve Wednesday that economic activity is "increasing" and other comments focused on the central bank which suggested a weak recovery.

Market action came after a session Wednesday fragile, looking up and down before the action following the announcement of selling the Federal Reserve will attempt to maintain the stimulus to support the fragile economic recovery.

Scott Marcouiller from Wells Fargo says the Fed's statement "the stock market friendly" but he noted that "caution flags have increased by poor closure," which may suggest investors are ready to lock some profits.


Some analysts said the setback may be allowed a six-month-old rally to get a second wind.

Among stocks in focus, Citigroup fell 1.99 percent to 4.43 dollars after the banking giant reported and the main recipient of U.S. bailout that would reduce the branch network in the United States.

In the technology sector, Red Hat increased 12.34 percent to 27.95 dollars after the consulting firm open-source software that triwulannya reported stronger earnings than expected.

Microsoft rose 0.89 percent to 25.94 after denying reports will attempt to acquire game maker Electronic Arts, which fell 2.72 percent at 19.29 dollars.

Bonds rise amid investor caution. Results in U.S. government bonds were 10-year fell to 3.381 percent from 3.418 percent Wednesday and the 30-year bond slid to 4.174 percent from 4.195 percent. Prices and the bonds move in opposite directions.



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BUSINESS INFORMATION - PERFECT HEART

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BUSINESS INFORMATION - PERFECT HEART


On one day, a young man standing in the middle of town and stated that he owned the most beautiful heart in the city. Many people then gathered and they all admired the young man's heart, because it was absolutely perfect. There is no one the slightest defect or scratch on the boy's heart. The young man was very proud and began to boast a beautiful heart.

Suddenly, an old man rose from the crowd, came forward and said "Why your heart is not as beautiful as mine?". Crowd and the young man saw the old man's heart. Old man's heart was beating with a powerful, yet full of scars, where there are former pieces of liver taken and no other pieces placed in it; but it does not really fit and have the sides uneven pieces.

In fact, there are parts that hole because it plucked out and not closed again. The men were stunned and thought, how could the old man said that his heart is more beautiful? The young man saw the old man, who had watched the hearts and laughs "You must be kidding, old man", he said, "Compare your heart with my heart, my heart is perfect while the heart is no more than a collection of scars and tear".

Source : http://renungan-harian-kita.blogspot.com/2008/04/hati-yang-sempurna.html

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BUSINESS INFORMATION - List of kindness

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BUSINESS INFORMATION - List of kindness


One day a teacher asked the pupils to make a list of all names of students in the class on two sheets of paper, and provide a space in each name. Then he asked them to think the best thing about their friends and write it down. The task turned out to confiscate the remaining class time to complete, and when the students leave the classroom, each one gave the results. That Saturday, the teacher wrote down the name of each student in a separate paper, then make a list of what has been said by other students about the student.

And on Monday, he gave each student list. Not long after, the whole class began to smile. "Really" she heard the whispers. "I do not know that I was meant for someone else!" And, "I do not know if the others are like me." That comment was heard by the teacher. No one had mentioned it in the class list again. He never knew whether the students outside the classroom to talk about it or to their parents, but it does not matter. The exercise had reached tujuanyya. The students are very happy with that comment and like each other.

How many years later, one of the students were killed in Vietnam and his teacher attended the funeral of the student. He never saw a soldier in a military coffin before. Pupil was very handsome, very mature. The whole church full of friends. One by one who loved it over the coffin. The teacher is the last person who said goodbye. As he stood there, one of the soldiers who served as the carrier's coffin approached. "Are you Mark's math teacher" she asked. The teacher nodded, "yes." Then the soldiers went on: "Mark talked a lot about yourself."

After the funeral, Mark's former classmates went together to the lunch, Mark's father and mother were there, very obvious that they could not wait to talk to teachers Mark.

"We want to show you something," said Mark's father, as he took the wallet from his pocket. "They found it to Mark when he was killed. We think you'll probably recognize it. "

As he opened the wallet, Mark's father with a very carefully remove two pieces of paper that have been isolated, folded many times.

The teacher immediately recognized, that the paper is paper made by him, which contains a good list of Mark, written by classmates. "Thank you for doing it," she said mark.

All of Mark's former classmates started to gather. Charlie smiled shyly saying. "I also still manyimpan list. List was in the top desk drawer at home studying. "Chuck's wife said, Chuck asked me to put it in our wedding album".

I also have it, "said Marilyn. "List in my diary".

Then Vicki, another classmate, took her pocket book, then took out his wallet and shows the list that have been worn and crumpled to the others. "I carry with me every time," Vicki said, then continued: "I think we all keep our own list nasing".

At that time, the teacher sat down and cried. He cried because Mark and all his friends will not be seeing Mark again

So many people come and go in our lives. And millions do not know when that day will come. So let's say to the person you love and love that they are very important and special in your life say to them before it's too late.

Source : http://renungan-harian-kita.blogspot.com/2008/05/daftar-kebaikan.html



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BUSINESS INFORMATION - Google Inc. has launched a new version of Chrome web browser

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BUSINESS INFORMATION - Google Inc. has launched a new version of Chrome web browser and browser version for mainstream Mac users will be available within a few months, as companies moved to double the market share Chrome.

Almost exactly one year after Google's high profile entry into the browser market dominated by Microsoft Corp., Internet search giant is by far the No. 4, with a market share of about 2.8 percent.

For Google, Chrome is more than just a browser, but part of a grand strategy to create a new Web-based operating system that could one day challenge Microsoft's control of the computer software market.

Internet search company is setting up a battery change, along with efforts to form a new distribution partnership is expected to soon make Chrome a much more important players.

"If the two year anniversary we are not at least 5 percent (market share), I would be very disappointed. And if the three year anniversary we are not at 10 percent, I would be very disappointed," Chrome Engineering Director Linus Upson said.

He noted the internal goals even more aggressive than the stock doubled each year.

A much anticipated Mac version of Chrome, currently only available for testing, will be released at the end of the year, Google's product management Sundar Pichai Vice President said recently in an interview with Reuters at the Google headquarters in Mountain View, California.

Version 3.0 of Chrome for the PC, released on Tuesday, bringing improvements to the browser interface, including faster performance and "themes" which allows users to customize how the browser looks.

Analysts say that Chrome focus on performance has won it fans among intelligence technology, but said the company needs to do more as attempts to broaden the product appeal beyond Google's 30 million current users claim.

"For people who care about it (speed), they've made the switch," said Forrester Research analyst Sheri McLeish. "In general, the high hurdles to get people to pick-up and change their technology has been used for a while."

According to market research company Net Applications, Internet Explorer has about 67 percent of the browser market worldwide in August, while the foundation Mozilla Firefox has 23 percent and Apple Inc's Safari browser has been 4 percent.

The fact that Microsoft's Internet Explorer comes pre-installed on Windows PCs is one of the main obstacles faced Chrome, said Gartner analyst Ray Valdes.

Google recently signed an agreement with Sony Corp. to pre-install Chrome on certain Sony PC, so to reach a new pool of potential users. Pichai said that Google is talking with all major PC manufacturers on similar transactions, although he refused to give any details.

While Chrome browser does not contribute any revenue to Google - which generated almost $ 22 billion in revenue last year - products plays an important strategic role in the company.

In addition to Google's oft-quoted credo that anything that can improve the online experience that will ultimately benefit the Internet advertising business, Google also sees Chrome as an important plank in developing online software such as email and word processing, which he called "Apps," or applications. Free software for consumers, but Google sells companies class version.



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BUSINESS INFORMATION - Telecommunications equipment maker Nokia Siemens Networks said on Thursday made the first call in the world using mobile techn

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BUSINESS INFORMATION - Telecommunications equipment maker Nokia Siemens Networks said on Thursday made the first call in the world using mobile technology LTE.

The phone company made in research and development site in Ulm, Germany, using a commercial base station and fully appropriate software standards, Nokia Siemens.

All vendors rushed to sell telecommunications equipment to the operator LTE as a shrinking market in the middle of slow investment.

The first LTE services will be opened at the end of this year, with the spread of the year 2010, Nokia Siemens.

The world telecommunications operators ready, infrastructure vendors to launch LTE technology, faster upload and download movies, music and other data to the mobile.



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BUSINESS INFORMATION - Motorola Inc. shares rose 6.5 percent

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BUSINESS INFORMATION - Motorola Inc. shares rose 6.5 percent on Friday with a new cell phone developed by Google Inc.

Analysts positive about the phone features such as easy access to social networking sites like Facebook and Twitter. RBC analyst Mark Sue raised his stock price target to $ 10 from $ 8.

Cliq place in the United States sold through Deutsche Telekom AG's T-Mobile USA in the fourth quarter, and stamped Dext around the world. France Telecom's Orange plans to sell it in Britain and France; Telefonica in Spain and America Movil in Latin America.

Motorola launched another phone using Google's Android software end of the year, and Wall Street saw as a great hope to reclaim the market from competitors such as Apple Inc's iPhone, and also by Motorola and Samsung.

While many analysts the impression from the phone on Thursday that it's not the iPhone killer, many say could help bring business.

"We believe Nokia to sell about 2 million smartphones return to profitability, and Cliq good first step to reach this level," said Morgan Keegan analyst Tavis McCourt.

Motorola shares rose 52 cents to $ 8.49 in late morning trading. They could be in a high level of $ 8.62.



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BUSINESS INFORMATION - Head 3 U.S. mobile Sprint Nextel Corp (SN)

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BUSINESS INFORMATION - Head 3 U.S. mobile Sprint Nextel Corp (SN) said on Thursday that the U.S. government to ask the handset exclusivity deals.

Sprint Chief Executive relating to the handset vendors in the industry for promotion. He responded to questions about U.S. rules of investigation in a conference agreement.

"A legitimate question is how long it exclusively. Reasonable question," Hesse told the audience at Goldman Sachs Communacopia conference.

Sprint's Hesse repeated target fewer postpaid customers who pay monthly this year than last year.

He declined to comment on speculation recently that Deutsche Telekom (DTEGn.DE) could make a bid for Sprint.

Ask on the sidelines of the conference whether there must be more consolidation in the U.S. because of the competitive wireless market, Hesse said reporters "I do not know if that will happen or, if necessary. Growing industry with growth potential."



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BUSINESS INFORMATION - Facebook users have been warned to be more careful

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BUSINESS INFORMATION - Facebook users have been warned to be more careful after a criminal running password hacking services online, with a fine of $ 100 (£ 61) per account. Researchers at security vendor, PandaLabs has discovered a site that displays the message "With our site you can hack any Facebook account that you need. Our server uses revealed 'holes' in Facebook.com protection and gets access to databases of all users."

However, until now not clear the name of the site, only domain hosting sites are in Moscow According to PandaLabs, the site is used to deceive site visitors to participate in the site by asking Facebook ID and password. "In many cases, these web pages have a good design. It is easy to contract these services and become victims of crime online or cyber criminal, and finally to the user identity theft. "Said Luis Corrons, director of PandaLabs.

"Once an intruder to hack into Facebook accounts, all personal data published on the site can be stolen. Similarly, a user account on Facebook can be used to send malware, spam, or may threaten to contact another friend on Facebook. "Corrons added.



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BUSINESS INFORMATION - research in the Bering Strait, the impact of global warming.

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BUSINESS INFORMATION - research in the Bering Strait, the impact of global warming.


Woodgate, from the Polar Science Center at the University of Washington, facing a lot of work in a short time, to accurately show the location of eight underwater data collection instruments in the U.S. and Russia in the straits. He was electronically lifted the instrument to the surface and sink a new tool that will moored there for a year.

It is work to be done quickly in order to read the data useful for him and his partner in a joint expedition to Russia, the U.S. estimate of climate change impacts in the far north-peraitran between the former enemies of the Cold War era.

As someone who was melihatkan activities and were too close for deployment in small choppy waters off the coast of Siberia, the British-born scientist was hastily handed a packet of a piece of iron teeth and said, "This is - do something with this."

Anchor tool, which resembled a beach ball threads, providing precise measurements of currents, temperature and salt content. Some even record the whale sounds for the mission, called RUSALCA, or Russian-American Long-term Census of the Arctic.

RUSALCA, which in local language in Russia is the name of the goddess of the sea, has revealed increasing evidence of warming and its impact in the Pacific Ocean and Arcktik met.

RUSALCA do that while balancing the goal of two states with a growing interest in ensuring their Arctic territory, which is rich in resources, while open water make the area more easily accessible.

The activity was organized by the U.S. Rusian Administration and the National Academy of Sciences.

Area is an important part of the puzzle of climate change, according to British official's office, Reuters reported.

Woodgate was among as many as 50 scientists from the United States, Russia and other countries in the Professor Khromov ship for six weeks in August and September, to study marine life and water in the Bering and Chukchi Sea and Arctic waters of the far north of Wrangel Island sebelh in off the northeast coast of Russia.

It's hard to imagine when the changeable cold and very strong and fierce seas tossed the ship in late summer; more fresh water and warmer which flows through the straits toward the North Pole may push the sea ice edge to the back.

In 2007, the ice was a record that has never happened before so astonished the scientists. This summer, ice trsebut reduced so the third smallest in caratan history, according to U.S. National Snow and Ice Data Center.



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BUSINESS INFORMATION - Finance Minister Sri Mulyani Indrawati sanctions freezing the eight business licenses public accountants (AP) and a public acco

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BUSINESS INFORMATION - Finance Minister Sri Mulyani Indrawati, since the beginning of September 2009 until now have defined sanctions freezing the eight business licenses public accountants (AP) and a public accounting firm (KAP).

Finance Department received the announcement in Jakarta, Saturday, said, freezing the sanctions determination was based business permits the Minister of Finance Regulation No. 17/PMK.01/2008 on Public Accountant Services.

Those who are sanctioned AP Drs. Nur Basyiruddin sanctions imposed by the Minister of Finance Decree (KMK) Number: 1093/KM.1/2009 on 2 September 2009.

AP Drs. Basyiruddin Nur, has been subject to sanctions freeze for three months because that is not fully comply with relevant Auditing Standards (SA) - Public Accountant Professional Standards (SPAP) in the implementation of a general audit of the consolidated financial statements PT. Datascrip and Subsidiaries fiscal year 2007, which was considered potentially significant influence on Independent Auditors' Report.

Other auditors AP Drs. Hans Burhanuddin Makarao sanctions imposed by KMK Number: 1124/KM.1/2009 September 9, 2009. The relevant sanctions freeze for three months due to not fully comply with the SA - SPAP in the implementation of the general audit of the financial statement of PT. Samcon fiscal year 2008, which was considered potentially significant influence on Independent Auditors' Report.

Sanction was also given to the AP Drs. Dadi Muchidin through KMK Number: 1140/KM.1/2009 September 4, 2009. The relevant sanctions freeze for three months because of KAP Drs. Dadi has Muchidin, SE has been frozen so that in accordance with the provisions of Article 71 paragraph (3) Regulation of the Minister of Finance that AP licenses suspended if the Chief KAP KAP business licenses suspended.

Other auditors KAP Drs. Dadi Muchidin through KMK Number: 1103/KM. 1 / 2009 dated 4 September 2009, with the sanction of freezing for three months because of KAP has been penalized as much warning 3 (three) times within a period of 48 (forty eight) months and until now, the KAP Drs. Dadi still Muchidin subsequent offense that is not submitting annual reports Takwin KAP in 2008.

Additionally Matias KAP Zakaria through KMK Number: 1117/KM.1/2009 September 7, 2009, for three months because of KAP has been penalized as much warning 3 (three) times within a period of 48 (forty eight) months and until now, KAP Drs. Zachariah was Matthias subsequent offense that is not submitting the annual report Takwin KAP years 2007 and 2008.

Sanski also given to KAP Drs. Soejono through KMK Number: 1118/KM.1/2009 September 7, 2009, for three months because of KAP has been penalized as much warning 3 (three) times within a period of 48 (forty eight) months and until now, KAP Drs. Soejono subsequent offense still is not submitting annual reports Takwin KAP years 2005 to 2008.

Ministry of Finance also set penalties for KAP Drs. Abdul Azis B. through KMK Number: 1119/KM.1 / 2009 September 7, 2009, for three months because of KAP has been subject to sanctions warning three times within 48 (forty eight) months and until now, the KAP Drs. Abdul Azis B. subsequent offense still is not submitting annual reports Takwin KAP years 2005, 2007, and 2008.

Sanction was also given to KAP Drs. M. Isjwara through KMK Number: 1120/KM.1/2009 September 7, 2009, for three months, because of KAP has been subject to sanctions warning three times within 48 (forty eight) months and until now, the KAP Drs. M. Isjwara subsequent offense still is not submitting annual reports Takwin KAP years 2007 and 2008.



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BUSINESS INFORMATION - Earth's sun can be lashed by strong winds that can disrupt communications, aviation and power lines even when the sun is in the

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BUSINESS INFORMATION - Earth's sun can be lashed by strong winds that can disrupt communications, aviation and power lines even when the sun is in the stage of "calm" in the 11-year cycle.

Some observers had long been using a number of points on the solar surface of the Sun to measure its activity. The number of points on the Sun reaches the peak of what is called solar maximum, then falls to reach the minimum for a circle.

At its peak, flames a powerful solar storm geomagnetik and ejects very much energy into space, crushing the magnetic field that protects the Earth, knocked out satellites, disrupt communications and cause emission of light colors.

But scientists at the National Center for Atmospheric Research in the United States and the University of Michigan found that the Earth was bombarded by intense solar wind of last year even though the Sun is in a very quiet stage.

"The sun continued to surprise us," said Sarah Gibson of High Altitute Observatory in the center and the study's lead author. "Solar wind may hit the Earth like a fire hose even when clearly there was no sun spots."

Scientists previously thought that most of the flow of energy is lost when approaching the minimum of solar cycle.

Gibson and his team, which also includes scientists from NOAA and NASA, comparing measurements from solar minimum gap today, which was taken in 2008, with the last solar minimum measurements in 1996.

The study, published in the Journal of Geophysical Research, the most recent issue, found the prevalence of high-speed stream of solar minimum in 2008 seems to be linked with the current order of the Sun.

As the number of solar spots decreased during recent years, many large holes formed on the surface of the Sun near the center line. High-speed flow that blow from the hole that swallowed the Earth during the study period 55 percent in 2008, compared with 31 percent in the 1996 study period.

One stream of particles emitted can last for 7 to 10 days, according to the study.

"New Observations from a year ago changed our understanding of how the gap affects the Earth's solar quiet and how and why this may change from one circle to another circle," said study co-author Janet Kozyra from the University of Michigan.



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BUSINESS INFORMATION - U.S. authorities on Friday, ending the guarantee program for money market funds

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BUSINESS INFORMATION - U.S. authorities on Friday, ending the guarantee program for money market funds that began last year to stop the escape of deposits that could destabilize the financial sector during the market turmoil.

Finance Ministry says it has no losses under this program and has received 1.2 billion dollars in fees.

This program was established in September after the collapse of investment giant Lehman Brothers and the government rescue of insurance giant AIG. Launched during the three months initially and extended for a full year.

Finance department has approved the use of up to 50 billion dollars to guarantee deposits that are widely held by Americans in mutual funds and brokerage, if the company pays the insurance fee.

Financial companies the U.S. holds about 3.5 trillion dollars on money market funds, which are generally considered safe investments although they are usually not guaranteed federal.

Money market fund is a type of mutual fund required by law to invest in low-risk securities, so they have a relatively low risk compared with other mutual funds. They pay dividends that generally reflect short-term interest rates, according to AFP.



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BUSINESS INFORMATION - Some astronomers have discovered a rocky planets outside our own solar system

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BUSINESS INFORMATION - Some astronomers have discovered a rocky planets outside our own solar system, with a density which proved equal to the Earth, according to a study by a European team, the media reported on Wednesday.

Planet, known as COROT-7b, was discovered in February this year by the European space telescope, COROT, which has been tracking the diputarinya star.

Planet is about 500 light years from Earth in the constellation monoceros, Unicorn.

Although scientists have been looking for life in the sky in a long time, there are allegations that a planet requires a solid surface to support life.

Exoplanet from more than 300 known, it is the first planet discovered that was not big and gassy.

The findings of rocky planets like the Earth's density "brings us one step closer to finding other planets similar to our planet".

Although the planet is very hot and liquid water shortage means that the planet seems unable to accommodate the life, the scientists said it remained to be an important step because it shows the rocky planets really existed.

The findings will be published in the journal "Astronomy and Astrophysics", published October 22.



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BUSINESS INFORMATION - The government formed Natuna team that will represent the interests of the government and PT Pertamina (Persero)

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BUSINESS INFORMATION - The government formed Natuna team that will represent the interests of the government and PT Pertamina (Persero) in developing the block has estimated gas reserves large enough. Minister of Energy and Mineral Resources Purnomo Yusgiantoro in Jakarta on Thursday.

According to him, the government has decided to transfer the management rights to Pertamina Natuna after the expiration of the contract with ExxonMobil.

If Pertamina itself is managing, he said, the portion of the results for 60 percent government and 40 percent for Pertamina.

Pertamina has said it will seek partners to develop Natuna. At least there are two reasons that require high technology and large funds. Currently, Pertamina was selected to be towed partners for developing the Natuna.



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BUSINESS INFORMATION - Researchers have found a way to get the electricity generated by trees, so the media reports this weekend.

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BUSINESS INFORMATION - Researchers have found a way to get the electricity generated by trees, so the media reports this weekend.

Children around the world who has conducted experiments lemon or potato battery mengetahu that electric current can be generated by creating a reaction between the food and two different metals, as quoted from Xinhuanet-OANA

However, researchers at the Massachusetts Institute of Technology have found another way to reap electricity from the tree. They use the same metal for both electrodes that are specifically arranged so as not to confuse the effect with the impact of potato.

Although proven that the tree can be a source of electricity is an important step, one question remains: Can the small voltage produced by a single tree is used for something useful?

After spending the summer to examine the trees, the researchers found that the broad-leaf tree produces a fixed voltage to several hundred milivolt.

By adding a device called a voltage converter drivers, the research team with difficulty managed to obtain a usable voltage of 1.1 volts, enough to run a low-powered sensor.

A team member acknowledged that "the power of trees" Solar energy sepraktis not, but he believes the system can be considered as a cheaper option to produce electric power for the sensor tree that helps detect environmental conditions or forest fires.

By using the electronic output to maintain the tree's health is another possibility.

The study was planned published in the journal "Transactions on Nanotechnology, Institute of Electrical and Electronics Enggineers".



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BUSINESS INFORMATION - THE ROLE OF THE HOLY SPIRIT IN OUR PRAYERS

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BUSINESS INFORMATION - THE ROLE OF THE HOLY SPIRIT IN OUR PRAYERS


Likewise the Spirit helps us in our weakness, for we do not know how to pray but the Spirit himself intercedes for us with groans that can not be uttered. Romans 8:26

Name of the Holy Spirit means the defense or Helper. He helped us when in trouble and temptation. The Holy Spirit is also working to open the gate of prayer requests. She teaches and tells us about the secret of prayer requests, then raise all of our requests to the Father, because ... we do not know how to pray; (verse 26). Often we do not know the things that we should pray for, including all the necessities we once did. We do not know how God memohonkannya correctly.

The Holy Spirit tells us about our needs so we are taught to have self-surrender and humility. Spirit also placed a burden of prayer requests for every heart didiamiNya. Sometimes we have experienced the burden too heavy to unspoken, so that we can do is moan and wail to God. That's when the Holy Spirit to help us, ... the Spirit himself intercedes for us with groans that can not be uttered. (verse 26). Perhaps we never fully understand the meaning of all the prayers that we say, but the answer of God is always greater than our demand. We prayed the prayer is interpreted and refined by the Holy Spirit, then God responds according to the wisdom and love that is not limited. And God who searches our hearts knows the mind of the Spirit, that He, according to the will of God, pray to the saints. (Romans 8:27).

God is always investigating the hearts and listen to our prayers, but not our calls are listened hard, but thought that the Holy Spirit in us because He is recognized as a leader and Father of our true helper, not our words. If we live the Spirit led and trained to know his whisper, we will not call in vain prayer coming from the wrong impulse, but to pray according to his boss to fit the will of God.

Spirit perfecting our prayers.



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Do not kick the cat if you are bitten by dogs

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BUSINESS INFORMATION - One time, when walking home from church, a priest met a man who she knew had not come to church. "Hello, sir. Why had not come to worship?" Asked the priest. The man then told that the attitude of a tribunal last week really obnoxious. "Oh, right. Then why you did not go home and beat it out with your wife alone?" said the preacher. "Why? You this priest how? My wife's not anything wrong." Replied the father with astonishment. "Well, God did not have anything wrong with you not?"



Do not kick the cat if you are bitten by dogs. Of course, the above illustration rather than to say that worship in the church are separate things, that it can be done without the need to establish good relations with the churches and servants of God in the church. Instead, we must remember, that when we do something to our neighbor means we are also doing something to God. If God is the head of the Church, how can we love the head but his body hates? And if one day we may be annoyed with some elements in the church, whether it was worth resentment in exchange for our relationship with God.

Begin to learn to see each other and fellowship with our Muslim Brothers in this framework. To love God means to love one another. Even the Bible says, do not we serve and make offerings to God if our hearts are still there are problems with other people. And vice versa, do not let service and our community should be to glorify God, it was done just for fun man. In short, worship, service, and our alliance is a unity, which all based on love for God and neighbor. Have we done it?
Average Full
Do not kick the cat if you are bitten by dogs.



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BUSINESS INFORMATION - Dancing amid the rain

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BUSINESS INFORMATION - Dancing amid the rain


"Your Investments perfect, the design
Your peaceful, secure and prosperous even amid the storm ... "

The morning was very busy clinic. Around 9:30 a-70-old man came to open the stitches on the wound in the mother's finger. I prepare the file and asked him to wait, because all the doctors are busy, maybe he just could have been treated at least 1 hour.

While waiting, the old man seemed nervous, intermittently glancing at his watch. I feel sorry for. So when I'm free to check sempatkan wound, and it seems quite good and dry, stay open stitches and put a new bandage. Work that is not too difficult, so the approval of a doctor, I decided to do it myself ..

While handling the wound, I asked if he had another appointment to look in a hurry. The old man said no, he's going to a nursing home untu lunch with his wife, as she did every day. He told me that his wife was treated there for some time and his wife suffered from Alzheimer's disease.

Then I asked her if she would be angry if he came too late. She replied that she was no longer able to recognize it since the last 5 years. I was very surprised and said,? And you still go there every day even if your wife does not know anymore?? She smiled as her hand patted my hand, saying,? He did not recognize me, but I still recognize him, right?

I hold back tears until my grandfather was gone, my hands still shudder. Love like that is what I want in my life?

True love is not physical or romantic. True love is accepting what is happening there today, that has happened, what will happen, and that will never happen.

These experiences give me an important message: The happiest people are not necessarily have the best of everything, they just do the best with what they have.
Average PenuhHidup not struggle against the storm, but how to keep dancing in the rain.?



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BUSINESS INFORMATION - RI delegation led by Ambassador Soemadi Brotodiningrat, together with the Japanese delegation

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BUSINESS INFORMATION - RI delegation led by Ambassador Soemadi Brotodiningrat, together with the Japanese delegation, made a presentation on Indonesia-Japan Economic Partnership Agreement (IJ-EPA) in the trial Committee on Regional Trade Agreements (Crta) the WTO, the WTO Headquarters, Geneva.

This presentation is a step in Indonesia and Japan comply with the principle of transparency in the WTO, said the First Secretary Mission Yasmi Adriansyah.

Japan is the largest export destination countries are expected to Indonesia so that this cooperation can further strengthen economic relations between the two countries. In recent years, Indonesia has recorded a trade surplus with Japan.

Presentation Delegation Delegation of Indonesia and Japan is part of Indonesia's commitment to increase transparency and to all WTO member countries to know more profound impact and benefits of IJ-EPA on the multilateral trading system.

This is to ensure that the bilateral trade of RI-Japan does not conflict with the multilateral trading system that governed the WTO.

This is evidenced by the harmonization of the rules in the IJ-EPA with the WTO provisions, particularly Article XXIV General Agreement on Tariffs and Trade (GATT) and Article V General Agreement on Trade in Services (GATS).

For Indonesia, the IJ-EPA is a means to further promote the development levels of developing countries that animates the various provisions and ideals of the WTO (including the Marrakesh Agreement and the Doha Development Agenda).

RI Delegation Presentation at the WTO commitments as well as the evidence of economic policy transparency promised Indonesia in various international forums like the G-20 Summit London, Cairns Group Ministerial Meeting Bali, G-8 Plus L? Aquilla, and the APEC MRT Singapore.



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BUSINESS INFORMATION - Oil prices fell slightly in Asian trade Thursday

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BUSINESS INFORMATION - Oil prices fell slightly in Asian trade Thursday, in the middle of the action took profit after strong overnight driven mainly by greater than expected decline in U.S. crude oil stocks, analysts said.

The main futures contract, New York, crude oil light sweet "for October delivery fell seven cents to 72.44 dollars per barrel, as quoted by AFP.

Oil Brent North Sea crude for November delivery fell five cents to 71.62 dollars per barrel.

Data released Wednesday by the U.S. Energy Department showed crude oil stocks decreased the country's 4.7 million barrels in the week to 11 September.

Analysts polled by Dow Jones Newswires had expected an average decline of 2.5 million barrels.

Decline more sharply than expected crude oil stocks is seen as an indication that oil demand improved in the U.S., the largest energy users in the world.

The price of crude oil, which closed stronger Wednesday, also got a boost from positive data showing the U.S. the world's largest economy was recovering from the recession that began in late 2007.

In London, oil, Brent North Sea crude for November delivery, the new benchmark contract, rose 1.81 dollars to 71.67 dollars per barrel.

The market also got a lift from the "rally" Wall Street because the equity investors took heart in the U.S. economic data triggered optimism that the world's largest economy pulled out of recession.

U.S. industrial production jumped 0.8 percent in August, an increase in the second consecutive month, after the revision number rose 1.0 percent in July.

U.S. consumer prices rose 0.4 percent in August, with core inflation rate rose a moderate 0.1 percent. It is useful to ease concerns about the resurgence of deflation and inflation.



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BUSINESS INFORMATION - Exchange rate of rupiah against the U.S. dollar

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BUSINESS INFORMATION - Exchange rate of rupiah against the U.S. dollar in the Jakarta interbank spot market, rose sharply Thursday morning through a number Rp9.600 per U.S. dollar, due to increased demand for dollars by market players.

The rupiah against the dollar rose to Rp9.580-Rp9.600 per dollar compared to the previous day's closing Rp9.690-Rp9.700 or up 110 points.

Foreign perpetrators off the dollar and buy dollars to play in the Indonesia stock exchange to buy cheap stocks.



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BUSINESS INFORMATION - Yen falls in Asian trade Thursday

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BUSINESS INFORMATION - Yen falls in Asian trade Thursday as selling by exporters and concerns that Japan's new government will try to reverse the free market reforms, dealers said.

Dolat thin rose to 91.13 yen in Tokyo morning trade from 90.94 yen in New York at the end of Wednesday, as quoted by AFP.

The euro was at 1.4710 dollars, approaching the highest level in nearly a year and up from 1.4708 dollars in late New York deals. The euro rose to 134.08 yen from 133.74 yen.

Traders caution a day after Japanese Prime Minister Yukio Hatoyama took from the new government in the ranks of opponents of market liberalization and a former trade union activist.

In particular the choice of heading Hatoyama minister for reform and financial supervision - Shizuka Kamei 72 years - sparking fears among investors.



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BUSINESS INFORMATION - National motorcycle sales during August 2009 reached the highest number compared

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BUSINESS INFORMATION - National motorcycle sales during August 2009 reached the highest number compared to previous months during 2009. Even when compared with previous months during 2008, sales for August 2009 continue to reach record highs.

Data released from the Association of Indonesian Motorcycle Industries (AISI) Wednesday, during the August 2009 sales reached 626,353 units. So the total sales of motorcycles during 8 months of 2009 reached 3,718,050 units, or only around 60 percent of total sales in 2008.

Meanwhile, Honda motorcycle brand still dominates the national motorcycle sales with a market share of about 46 percent or as many as 1,698,558 units. Following the Yamaha brand motorcycles as much as 1,683,778 units, or with 45.3 percent market share.



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BUSINESS INFORMATION - PT General Motors (GM) Autoworld Indonesia (GMAI), Sole Agent Brand Holder (ATPM) Chevrolet (Chevy) in Indonesia

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BUSINESS INFORMATION - PT General Motors (GM) Autoworld Indonesia (GMAI), Sole Agent Brand Holder (ATPM) Chevrolet (Chevy) in Indonesia, targeting sales to increase 92 percent in 2010.
Business Planning, Product, and Order Manager GMAI, Harry Yanto, in Jakarta on Wednesday.

Therefore, he said that the sales targets set for 2010 will range from 4000 to 5000 units.

GM sales in 2009, according to him, not going through the numbers 2700 units, although quite a lot of demand.

This is more because of the "sort supply" of the GM plant in Rayong, Thailand, which stopped production two times during 2009.

Started growing demand of vehicles in Thailand today, according to him, the other causes "suplay sort" in the ground water.

He himself did not agree when it is said production capacity in Rayong, Thailand, has been full of so disrupt supply to demand in Thailand and in other countries, including Indonesia.

Currently, he went on the car type "sport utility vehicle (SUV) output automakers United States (U.S.), namely the Chevy Captiva is still a mainstay GMAI.

The average sales reached 200 units per month. U.S. consumers own a car lovers forced to indent until October to buy Captiva.




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Twitter users will be facilitated by a voice call

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BUSINESS INFORMATION - For the first time, Twitter users will be facilitated by a voice call directly to the same follower through these Microblogging service. A third-party applications from Jajah, which is known as Jajah @ the call will be present in the beta, Thursday (17/09), which allows Twitter users to listen to two-way voice chat with each other by typing "@ call @ username", where "username" is the one Twitter ID to be addressed. Voice call will be limited for 2 minutes, but it likely will be extended to follow the next version. Apparently, making voice calls is almost equal to the verbal language of the tweet on Twitter.

According to Jajah, a provider of Internet communications with 10 million users, the service voice call it will allow Twitter users to make calls to other users, for people who call to follow on Twitter and callers have both Jajah account. Free voice call service is used and can work on devices that support Twitter, like the PC to the smartphone. One important element that this call voice services can hide caller's phone number, and the recipient can receive online or ignore the call if they do not want to talk.

Another case with Facebook's new in this week announced it will use third-party applications from the service provider Vivox to user communication with each other using a voice call. Both voice services provided by Facebook or Twitter to the user that the user feels safe with privacy, stability or other things.



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BUSINESS INFORMATION - Chairman French automotive company, Renault

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BUSINESS INFORMATION - Chairman French automotive company, Renault, Carlos Ghosn, Tuesday, predicted the world auto sales next year "like 2009," ranging from 59 million vehicles.

Told reporters at the Frankfurt auto show to 63, Ghosn said that in 2009 "our best estimate for this year around 59 million vehicles," up from the estimate of 55 million units at the beginning of the year.

However, in Peugeot Citroen counterpart, Philippe Varin, said that sales in Europe are likely to fall in 2010 even though he said he "wished there was an increase in the second half" of that year.

Ghosn said the results were aided by a reduction in fiscal incentives and the price premium offered by the government cars in major markets like the U.S., China, Germany, England, Italy, France, and Spain.

Newly emerging markets in Brazil, India, and Russia should begin to strengthen, he estimates, lifting some weaknesses through the plan "cash-for-clunkers".

Sales "will rise next year, (although) may not be substantially" in the markets, he said.

Varin said he expected the French market will be flat this year and he did not see any growth next year.



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BUSINESS INFORMATION - Financial Leaders Group of Seven (G7) will meet on October 3 in Istanbul

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BUSINESS INFORMATION - Financial Leaders Group of Seven (G7) will meet on October 3 in Istanbul ahead of the annual meeting of the International Monetary Fund (IMF) and World Bank, the U.S. Treasury Department said Tuesday.

U.S. Treasury Secretary Timothy Geithner will discuss various issues, including global economic conditions and financial market stability, the finance ministers meeting and central bank governors from the G7 industrial countries on 3 October, the Finance Ministry said in a statement.

Geithner also will attend a Finance Committee meeting of the IMF and the Joint Committee on Development World Bank-IMF, each on 4-5 October.

Head of G7 finance - the UK, Canada, France, Germany, Italy, Japan and the United States - are meeting ahead of the annual meeting of the IMF and World Bank based in Washington, which was held in Istanbul this year.



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BUSINESS INFORMATION - Russia Avtovaz car giant said on Monday that it plans to lay off 5000 workers from December 14

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BUSINESS INFORMATION - Russia Avtovaz car giant said on Monday that it plans to lay off 5000 workers from December 14 due to struggling to overcome the serious problem of the impact of the global economic downturn.

Avtovaz added that since December 14 plants will return to full operation or full-time after surgery to reduce the work week to 20 hours from September 1.

On Friday, news agency RIA-Novosti quoted a government source said that Avtovaz was preparing to lay off 36,000 workers in December to address the decline in demand for some models. Reductions that would represent almost a third of the company's 110,000 workforce which also includes the loss of 5000 workers "white collar" in the Lada-maker, the news agency said.

Russia has a car market with the fastest growth in Europe until last year but then plunged into crisis by a decrease in domestic demand.

Avtovaz, which was founded by Fiat of Italy in the Soviet era, is a major employer in Tolyatti, a city of 700,000 on the Volga River in southern Samara region called the Italian Communist leader.



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BUSINESS INFORMATION - Dutch-based company invested capital to test the development of organic tea in commodity Solok regency, West Sumatra

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BUSINESS INFORMATION - Dutch-based company invested capital to test the development of organic tea in commodity Solok regency, West Sumatra (West Sumatra) to involve local communities as partners.

Trial has begun with the planting of organic tea is in the area about 200 hectares planted by local farmers, while fostering and financing from the Dutch-based company, said the West Sumatra DPRD member from electoral district of Solok District. Trials were carried out in Nagari Air Batumbuk, Mount Talang District, Solok on land owned by local communities.

While organic tea seeds from local seed, but the process of selecting, planting, fertilizing and maintenance conducted in accordance with organic crops without using chemical pesticides zakit.



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BUSINESS INFORMATION - President Susilo Bambang Yudhoyono in his working visit to the United States at 23 to 30 September 2009

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BUSINESS INFORMATION - President Susilo Bambang Yudhoyono in his working visit to the United States at 23 to 30 September 2009 with plans to meet 200 Chief Executive Officer (CEO) of firms in the country.

Chairman of the Chamber of Commerce and Industry (KADIN) MS Hidayat readiness after meeting the President's visit to the U.S. at the Presidential Office in Jakarta on Monday said the meeting with 200 CEOs were scheduled on September 26, 2009 at the City of Boston, USA.

President Yudhoyono on 23-30 September 2009 are planning a working visit to the U.S. in order to attend G20 meeting in the City of Pittsburgh on 24-25 September 2009.

On 26 September 2009 President Yudhoyono will visit the City of Boston. In addition to a business forum attended by 200 CEOs U.S. companies, the city's head of state also planning to give a public lecture at Harvard University, Boston, on September 29, 2009.

According to Foreign Minister Hassan Wirajuda, the material will be delivered by the President at a public lecture was also still not been determined because it is still in preparation.

The meeting discussed the readiness of a working visit to the U.S. President was attended by Foreign Minister Hassan Wirajuda, Finance Minister Sri Mulyani, Minister of Trade Mari Elka Pangestu and Minister of Environment Rachmat Witoelar.



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BUSINESS INFORMATION - Minister of Transportation Jusman Syafii Djamal Wednesday inaugurated the operation of the Station Jurangmangu, Tangerang

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BUSINESS INFORMATION - Minister of Transportation Jusman Syafii Djamal Wednesday inaugurated the operation of the Station Jurangmangu, Tangerang, rejuvenation station and operation Rawabuntu KRL Serpong cross-Parung Panjang, Banten.

Minister Jusman said, with the operation of the station has Jurangmangu expected to stimulate economic growth in the area. Also in the village community was also no longer have to go to ride KRL Serpong.

According to Jusman, Jurangmangu stations strategically located so that the potential for highly profitable passengers. Especially with the presence of station-residential housing growth will be more and more.

Eletrifikasi KRL Serpong Line-Parangpanjang is one of the electrification project KRL route along the west up to 57.1 Km Maja is expected to be completed in 2011.

Line Parungpanjang Tanah Abang to have only served to KRL Serpong stations and to serve KRD Parungpanjang majors.

Jurangmangu station development and construction of Serpong-elekrifikasi point along the 12 Km Parungpanjang Working started last year at a cost of Rp148 billion more.

Banten Governor Ratu Atut Chosiyah said after the event, with the participation of the government encouraged the expansion of the railway mode of transportation is expected to bring changes in the area of South Tangerang. "Jakarta is one of the goals of the urban areas that need to be supported by development tools and perasarana housing and transportation," he said.

Atut also proposed to the minister that KRL electrification lines can reach up to Cilegon and Bojanegara port. In Bojanegara will be built according to the information that it needs an oil refinery rail transport to reduce congestion.

Meanwhile Direkktur Technical Support Directorate General of Railway said, development and rejuvenation station Rawabuntu station is a government program to provide comfort to potential passengers.

While the scope of the electrification development work across Serpong-long Parung improvements include the existing track and signal improvements, he said.



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Energy giant Chevron, Shell and ExxonMobil on Monday agreed to continue the development

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BUSINESS INFORMATION - Energy giant Chevron, Shell and ExxonMobil on Monday agreed to continue the development of Gorgon gas field in Australia with an initial investment of 37 billion U.S. dollars.

"Gorgon natural gas will supply a cleaner for the emerging markets of Asia-Pacific and Australia, creating thousands of jobs, and generate substantial revenue for Australia," said senior Chevron executive Jim Blackwell, as quoted by AFP.



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BUSINESS INFORMATION - Space Shuttle Discovery U.S. landed safely at Edwards Air Force Base in California

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BUSINESS INFORMATION - Space Shuttle Discovery U.S. landed safely at Edwards Air Force Base in California, local time Friday, after re-supply mission for two weeks to the international space station.

Landing sites Edwards moved to the base after weather conditions forced the superintendent to cancel flights landing permission at Kennedy Space Center in Florida for two days in a row.

Discovery, with seven astronauts, touched the runway at 20:53 local time, Friday, (07:53 pm, Saturday), before sunset.

Because of bad weather in Florida, the flight inspector to cancel the landing of the shuttle is in place of his departure on Thursday and Friday, and told the crew in order to Edwards Air Force Base, supporting landings if conditions allow the shuttle to land in Florida.

It was the 54th landing of the shuttle was at Edwards, NASA said.

NASA will spend 1.7 million dollars to transport the shuttle back to the launch of a single jumbo jet that has changed.

Discovery, which launched on August 28, sent several tons of supplies and equipment to the International Space Station, including a shelf support and shelf life sciences.

Shuttle's seven astronauts brought home, including Timothy Kopra, who passed nearly two months in these outposts.

Who also had come home is "Buzz Light year". For 12-inch object that has been orbiting for 15 months since mid-2008 as part of an educational program. The doll will be returned to Walt Disney World for the exhibition in early Oktober.

Discovery crew conducted three times in space travel at the station, to install a new tank of ammonia coolant, a new antenna and wiring to Tranquality, a part of life due to arrive early next year.

However, the Discovery crew in trouble when they fail to connect a cable link. NASA was thinking about improvements for next pengunjungan shuttle in November.

It is the mission of the Discovery into space 37 and 30 missions to the space shuttle is dedicated to assembly and maintenance of the International Space Station.


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BUSINESS INFORMATION - German Economics Minister Karl-Theodor zu Guttenberg warned that the industry auto parts

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BUSINESS INFORMATION - German Economics Minister Karl-Theodor zu Guttenberg warned that the industry auto parts maker Magna Canadian and Russian financial partner can make reductions workers at industrial takeover automaker, Opel with a report in 4100 which threatened the position.

The buyer of shares in the units of General Motors Europe plan "to reduce employment in 3000 and 1100 the production sector in the administration" at the Opel factory in Germany, German weekly Der Spiegel reported, without mentioning its source, as quoted by AFP.

Four manufacturer Opel in Germany has 25,000 workers.

German economics minister Karl-Theodor zu Guttenberg says that it has learned that Magna will reduce production labor can even exceed previous estimates.

Magna previously indicated that it wants to cut about 10,000 from 50,000 employees in the units of General Motors Europe, Opel and Vauxhall. Half of the workforce is in Germany who worked on four Opel factory.

Under the agreement announced last Thursday, GM will sell 55 percent stake in Opel to a consortium owned by Magna and government-owned lenders Russia, Sherbank.

GM will retain 35 percent and the remaining workforce. Meanwhile, Opel has about 7,000 workers in Spain, 4700 at Vauxhall in the UK, 5500 in Belgium, 1800 in Italy, Austria and 1600 in 1500 in France, according to GM Europe website.



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