Halo Signs Option Agreement With Hays Lake on Duport Property Oct 15, 2008
"By early 2006, Halo had established a land position at Sherridon, Manitoba which blossomed into Halo's current major project, the 200 sq km Sherridon VMS Property which has been proven to host near-surface copper-zinc resources. With the near-surface potential at Sherridon untapped for 50 years, the company focused its efforts on advancing its Sherridon VMS Property while Duport has been held on care and maintenance," says Lynda Bloom, President & CEO. "We are pleased to have Hays Lake as a new... (CCNMatthews Press Releases)
Intel Shares Rise Late Despite Hazy View Oct 15, 2008
The latest results included a net $162 million write-down of Intel's investment in Numonyx, a flash-memory joint venture with STMicroelectronics NV (STM), after tax benefits ... Last week, memory-chip maker Micron Technology Inc. (MU) said it would close some operations producing those chips that are part of a joint venture with Intel ... com are trademarks of SmartMoney, a joint venture between Dow Jones & Company, Inc. and Hearst SM Partnership. (SmartMoney)
JCB, ORIX and Majid Al Futtaim Group Establish Joint Venture Credit Card Business in the UAE Oct 15, 2008
Dubai, Oct 15, 2008 - (JCN Newswire) - JCB and JCB International announced today that, in collaboration with ORIX Corporation (ORIX) and Majid Al Futtaim Group (MAF Group), a joint venture credit card company Majid Al Futtaim JCB Finance LLC (MAF JCB), has been established in Dubai ... MAF Group has invested in ORIX subsidiaries in Pakistan, Oman, Egypt, as well as the joint venture corporation MAF ORIX Finance PJSC, established in the UAE in 2002 ... JCB, who aims to enhance their brand... (JCN Network, Japan)
Council hears PMC proposal Oct 15, 2008
The proposition asks voters to allow the Bannock County Commission to relinquish the assets of PMC to the Portneuf Health Care Foundation, which will invest them into a joint venture with Plano, Texas-based Legacy Hospital Partners. After Hermanson's presentation, Chubbuck Mayor Steven England told fellow City Council members that he was part of the process as a member of the citizen's panel, which developed the list of community values integral to choosing a potential partner for PMC. England... (Pocatello Idaho State Journal, ID)
PMC joint venture gaining Oct 15, 2008
News Story - Idaho State Journal. This document was originally published online on Wednesday, October 15, 2008. (Pocatello Idaho State Journal, ID)
China's Loss Is Alabama's Gain as Sleeping-Bag Company Moves Jobs to U.S. Oct 15, 2008
With costs in Alabama running 3 percent below those in China, Exxel is cutting production at a joint venture in Shanghai while hiring workers, adding machines and increasing output at the 250,000 square-foot plant. This year, for the first time, the company will make more bags in the U.S. than abroad. (Bloomberg)
Carphone Warehouse set to open 200 superstores Oct 15, 2008
" The new stores - branded as "Best Buy Europe" - will place the British retailer in direct competition with the likes of Currys and Comet in the home electronics and electricals market. The European venture is a result of a partnership agreement struck between the two retailers last year, when Carphone agreed to sell its 2,430 stores into Best Buy International in return for 1.1bn and the two becoming joint venture partners in Europe. Carphone is to spend up to 90m on Best Buy Europe in the... (Telegraph.co.uk)
Financing For Welwind Energy's Ningxia Tianjing Helanshan Wind Farm Project Announced Oct 15, 2008
SAN DIEGO, Oct. 15, 2008 (GLOBE NEWSWIRE) -- Welwind Energy International Corp. (OTC BB: - ) (the ``Company'') announces that it has received a confirmed letter of financing for its joint venture partnership for a 50% interest in the Ningxia Tianjing Helanshan wind farm project from Global Financial & Capital Corp. This financing is in addition to the October 6th announcement of financing of the A La Shan Zuo Qi Windfarm project ... As previously announced, this joint venture is for an interest... (Primezone Releases)
Chinese hold back ventures Oct 15, 2008
"They've been caught with contract-price iron ore from their joint venture Channar project that they cannot sell on the (sliding) Chinese spot market," the source said. "Midwest's new magnetite project, with high processing and infrastructure costs, has to be looking pretty sick right now.". (Sydney Morning Herald -- Business)
King of the castle, without any worries Oct 15, 2008
99 peak it reached a few weeks back after its incredible joint venture deal with ConocoPhillips to develop its coal-seam methane assets and way below the $30 ... 6 billion joint venture with Origin to develop its North Queensland coal-seam methane gas assets, effectively taking on all the risk and underwriting the project. (Sydney Morning Herald -- Business)
Cashed-up Origin on the prowl Oct 15, 2008
Mr King said Origin had been in regular discussions with Conoco since signing the joint venture agreement last month. The pair have yet to choose a site for a proposed liquefied natural gas development in Gladstone and are not expected to start marketing the potential production until half way through next year. (Sydney Morning Herald -- Business)
2nd UPDATE: Origin Energy: Expects Fiscal Year Profit To Rise 30 -40% Oct 15, 2008
SYDNEY -(Dow Jones)- Origin Energy Ltd. (ORG.AU) Wednesday said the completion of the first phase of its US$8 billion joint venture deal with ConocoPhillips ( COP) will help boost its annual profit this year by up to 40 ... Origin and ConocoPhillips plan to form an equal joint venture to build a liquefied natural gas plant at Gladstone in Queensland, fed by coal seam gas ... He also hosed down speculation that the joint venture was about to welcome a third equity investor such as Royal Dutch... (CNNMoney.com)
Johnson Controls venture wins BMW contract Oct 15, 2008
A joint venture between and French battery maker has been awarded a contract to produce lithium-ion batteries for 's 7 Series ActiveHybrid car, marking the second hybrid battery contract for the venture ... Johnson Controls-Saft is a joint venture between Glendale-based Johnson Controls (NYSE: JCI), a major supplier of automotive batteries, and Saft, a France-based developer and manufacturer of high-tech batteries. (Milwaukee Business Journal, WI)
Lynnfield, Massachusetts Residents to Benefit from Verizon Wireless Network Expansion Oct 15, 2008
Headquartered in Basking Ridge, N.J., with 70,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE: - ) and Vodafone (NYSE and LSE: - ). For more information, go to. (Yahoo! Wire -- Entertainment News)
Bug Music Signs Kings Of Leon to Publishing and Joint Venture Agreements Oct 15, 2008
Under the terms of the deal, Bug Music and Kings Of Leon have entered into both a publishing agreement, bringing all four band members exclusively under the Bug Windswept banner, as well as a joint venture agreement that allows the band to pursue ongoing creative projects by signing and developing artists under the Bug Music umbrella. Previously, Bug Music has administered the publishing of band members Matthew and Jared Followill throughout their career, while Windswept had handled Nathan and... (Yahoo! Wire -- Entertainment News)
Chola DBS to shut 75 branches Oct 14, 2008
MUMBAI/CHENNAI: Cholamandalam DBS Finance Ltd, a joint venture of DBS Bank of Singapore and the $2. 4 billion Murugappa Group, has decided to close 75 of its 260 branches across the country. (India Times, India -- Intl Business)
Verizon Business Expands Presence in India Oct 14, 2008
" Verizon is well-established in the Indian market. Verizon Business has offices in Bangalore, Chennai, Hyderabad, Mumbai and New Delhi; Verizon Data Services India employs more than 4,000 people at its IT Center of Excellence in Chennai and Hyderabad, performing a variety of software development, product design, coding and testing functions for Verizon's global operations. Verizon Business also holds an internet service provider license in India and has various local ISP facilities. Verizon... (PR Newswire)
TV18 shares gain 9% Oct 14, 2008
MUMBAI: Shares of Television 18 gained nearly 9 per cent after its parent company Network 18 Group decided to exit a securities broking joint venture with Ambit Corporate Finance. In an statement to the BSE, Network 18 said that "based on the evaluation of the relative risks and strengths of securities brooking business in the prevailing market conditions and based on discussions with the joint venture partners, has decided to exit the joint venture agreement entered by it through Web18 Holdings... (India Times)
Cholamandalam DBS to layoff staff Oct 14, 2008
SINGAPORE: DBS Group, Singapore's biggest bank, said on Tuesday that its Indian joint venture Cholamandalam DBS Finance is closing 75 branches in India ... DBS and Cholamandalam Investments and Finance Company (Chola) agreed to form the joint venture in the middle of 2005. (India Times)
Wirtz Beverage buys out joint venture partner Oct 14, 2008
(Crains) A unit of Wirtz Beverage Group has bought out its partner in a three-month-old joint venture ... as a joint venture between former competitors Glazers and Judge Ltd. Glazers had owned Chicago-based Union Beverage Co., but closed that wine and spirits distribution company to partner with Wirtz and create Illinois largest distributorship. (Crain's Chicago Business)
Burgers paid for by mobile phone Oct 14, 2008
The joint venture between McDonalds and DoCoMo - worth 300 million yen - will see McDonalds Japan holding a 70% stake, with DoCoMo owning the rest. It is due to begin in July of this year. (Yahoo News -- Wireless Technology)
Oil Rebounds Above $81 on Global Rescue Plans Oct 14, 2008
" Elsewhere, gold prices tumbled by about $17 to $842. Gold is generally seen as a safe haven during times of high volatility, so the slide might mean that traders are returning to more risky securities. Market Snapshot Symbol Last Price Netchange Volume -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Most Read / Emailed & Blogs FOX Business Tools Personal Finance - Investing - Financial News - Business News - Stock Market Quotes & News - Small Business . . . . For FOXBusiness.com... (Fox News)
Dow Roars Record 936 Points Oct 14, 2008
But I think weve clearly seen a bottom," NYSE trader Jason Weisberg of Seaport Securities told FOX Business. Aluminum titan Alcoa (AA) and General Motors led the way up on the Dow Monday, jumping by double-digit percentages. United Technologies (UTX) and Microsoft (MSFT) also saw enormous gains on the Dow. General Electric (GE) closed down 2%, making the corporate conglomerate the lone blue-chip stock to close in the red on Monday. The Nasdaq Composite saw even greater gains, ending the day... (Fox News)
New-home sales creep even lower Oct 14, 2008
The company recently bought out a joint venture partner, , in a project at Rocklin s Whitney Ranch development that had closed in November. Standard Pacific plans to reopen Lariat Ridge and start building the remaining 89 homes there, ranging from 2,300 to 3,200 square feet, in December. (Sacramento Business Journal, CA)
Nigeria: Senate Probes U.S.$5.9 Billion Escravos Gas Contract Oct 14, 2008
According to him, the contract was twice reviewed without the approval of the NNPC, which is a junior partner in the Joint Venture Agreement on the construction of the EGTL plant. Shadiya, however, insisted the company wrote NNPC on the upward review of the contract sum. (allAfrica.com)
Spielberg's DreamWorks joins Universal Oct 14, 2008
com is a joint venture between Microsoft and NBC Universal, which also owns Universal Pictures. . (MSNBC -- Politics)
Joost relaunching TV Web site Oct 14, 2008
com is an NBC Universal-Microsoft joint venture. . (MSNBC -- Politics)
Anschutz, NBA team up in China Oct 14, 2008
AEG has a joint venture with NBA China to design, market and operate the sports and entertainment arenas in major cities in the country, according to a statement ... The China joint venture will be equally owned and will work with local governments and developers to oversee the construction of the arenas. (Denver Business Journal, CO)
NBA to develop events arena in Shanghai Oct 14, 2008
The NBA's new joint venture to design and develop a dozen basketball arenas in China is expected to start in Shanghai ... The 18,000-seat arena will be a center of cultural events and shopping as well, and the joint venture will manage it ... Earlier this year, NBA China, a joint venture of the NBA, broadcaster ESPN and Chinese companies, joined promoter AEG and the Beijing Wukesong Culture and Sports Center to design, market, program and operate Beijing's Olympic basketball venue. (International Herald Tribune -- Health)
NBA games possible in London before 2012 Olympics Oct 14, 2008
But Stern has been hesitant to commit to anything specific in regards to Europe, while at the same time announcing a joint venture with Anschutz Entertainment Group on Sunday to build about a dozen or so NBA-style arenas in major Chinese cities. China is one of the NBA's biggest overseas markets, and Beijing hosted the 2008 Olympics. (San Diego Union-Tribune -- Sports)
AMD's Ambitious Abu Dhabi Deal Oct 14, 2008
Advanced Micro Devices (nyse: - - ) surged on the New York Stock Exchange Tuesday after announcing that it was hopping into bed with investors in Abu Dhabi in a joint venture dubbed The Foundry. The deal, intended to shore up the firm s finances and boost efficiency, will see AMD spin off three of its factories and get a multi-billion dollar cash infusion from one of the Persian Gulf state s investment vehicles, Advanced Technology Investment. (Forbes -- Technology)
AMD's 'Fab'ulous Deal Oct 14, 2008
Giants like TSMC, UMC and the Common Platform, a joint venture among IBM, Chartered Semiconductor and Samsung, have to stay on the cutting edge of technology to keep their top customers interested. Right behind them is an entire second tier that includes SMIC in China, SilTerra in Malaysia and Tower in Israel. (Forbes -- Technology)
First Metro line clears funds hurdle Oct 14, 2008
MMOPL is a joint venture between Reliance Infrastructure, Frances Veolia Transport and Mumbai Metropolitan Regional Development Authority. On Monday, they signed the loan agreements to raise debts totalling Rs 1,194 crore. (Times of India)
* Nanya agrees to Inotera holdings plan Oct 14, 2008
Nanya Technology Corp (n), the nations second-largest computer memory chipmaker, said yesterday it had agreed to Qimonda AGs plan to sell its holdings in Inotera Memories Inc (), a joint venture with Nanya, to Micron Technology Inc in a move that will strengthen its technological partnership with the US chipmaker. Micron Technology, the worlds fourth-largest memory chipmaker, said it had signed a definitive agreement to acquire Qimondas 35. (Taipei Times, Taiwan -- World)
* Sports Briefs Oct 14, 2008
NBA in China joint venture. The NBA has formed a joint venture with Anschutz Entertainment Group to design and develop about 12 multipurpose, NBA-style arenas in major Chinese cities. (Taipei Times, Taiwan -- World)
AIDS vaccine focus shifts after disappointments Oct 14, 2008
The International AIDS Vaccine Initiative last month announced it was launching a 30 million joint venture research lab in California dedicated to accelerating work on neutralizing antibodies. The renewed focus on lab work has left some scientists and advocates worried that human clinical trials of vaccine candidates may suffer as funding shifts toward basic research. (Yahoo News -- Pharmaceutical Industry News)
Fjordland Exploration Inc.-Woodjam Project: Southeast Zone Drilling Intersects 200.76 Metres of 1.01% Copper and 0.44 g/t Gold Open to Depth Oct 14, 2008
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 14, 2008) - Fjordland Exploration Inc. (TSX VENTURE: - ) is pleased to report that the Woodjam Joint Venture, comprising Fjordland (60%) and Cariboo Rose Resources Ltd. (TSX VENTURE: - ; 40%), has intersected 200 ... Tom Schroeter, President of Fjordland, stated, "The Joint Venture is extremely pleased with these results which show not only higher copper grades but also significantly enhanced gold values. The mineralization displays very even... (CCNMatthews Press Releases)
Hanfeng Evergreen Inc. Announces Intention to File for Normal Course Issuer Bid Oct 14, 2008
The Company currently has 725,000 tonnes of annual design capacity with three fully funded joint venture expansion projects, which when completed, will increase annual production capacity by approximately 143,000 tonnes. The Company is also on track to roll out its distribution network in the first half of 2009 in five key agricultural regions in China. (CCNMatthews Press Releases)
Desert Gold Hits New High-Grade Intersection Confirming Past Structural High Grade Intercepts-Expands Drilling Program Oct 14, 2008
Desert Gold is exploring the Goldbanks Property under an option and joint venture agreement with Kinross Gold Corporation (NYSE: - ). Exploration work is being conducted under the supervision of the Company's Qualified Person, Timothy J. Percival, PG. ALS Chemex Ltd. of Vancouver analyzed the samples. (CCNMatthews Press Releases)
ASU, TechBA to boost Mexican entrepreneurs Oct 14, 2008
The joint venture will bring representatives of knowledge-based Mexican businesses to Arizona and provide them with office space and support to accelerate their businesses in the U.S. or international markets. According to ASU, TechBA Arizona will work with companies based in Mexico that are preparing for expansion, but are not yet ready to open a U.S. office. (Phoenix Business Journal, AZ)
ASU, TUV Rheinland team on testing, certification lab for solar equipment Oct 14, 2008
We are excited to participate in this globally significant joint venture, said Stephan Schmitt, president and CEO of , in a statement. The potent combination of business, university and utility solar test assets will enable TUV Rheinland PTL LLC to be the first in the world to offer full-scale PV testing and certification across the entire component chain of photovoltaic systems. (Phoenix Business Journal, AZ)
Tech company to cut 190 jobs in Cary Oct 14, 2008
6 percent stake in a joint venture, Inotera Memories, to chip maker for $400 million. The cash influx should help its balance sheet as Qimonda focuses on becoming a leaner and more focused company in the future, CEO Kin Wah Loh said in a statement. (Triangle Business Journal)
GM might not be able to afford Chrysler Oct 14, 2008
GM and Chrysler already have a joint venture with BMW AG making a hybrid gas-electric powertrain. While melding the companies could save money by combining management, engineering, manufacturing and administrative staffs, analysts say consolidation would bring more costs, and the rewards probably wouldn't come for several years. (Casa Grande Valley Newspapers, AZ)
PMC joint venture gaining Oct 14, 2008
News Story - Idaho State Journal. This document was originally published online on Tuesday, October 14, 2008. (Pocatello Idaho State Journal, ID)
Copper soars on broad financial recovery Oct 14, 2008
6-billion aluminum joint venture between Rio Tinto and Saudi Arabian Mining Co (Maaden). The metal has fallen almost a third since reaching a record high of $3,380 a tonne on July 10. (Globe and Mail -- Business)
Universal Pictures to distribute DreamWorks films Oct 14, 2008
Universal previously distributed films internationally through a joint venture with Paramount and MGM. But over the last two years, Universal has greatly expanded its distribution capabilities overseas. Meyer, who was in London on business, said during a phone interview, "We couldn't be happier to be back in business with DreamWorks.". (Los Angeles Times)
A friendly squeeze from the television proprietor Oct 14, 2008
Nexus Energy has Deutsche Bank searching for joint venture partners on its $1 billion Crux project after Japan's Mitsui baulked on a deal last week to buy a stake in the development, which has yet to be financed. The booming area of coal-seam gas could be set for more corporate activity after UBS noted AGL Energy would have to be "clever, or aggressive, or both" to get its hands on upstream gas resources in the future. (Sydney Morning Herald -- Business)
Leinenkugel has eyes wide open Oct 14, 2008
formed a joint venture in July, MillerCoors management opted to locate its corporate headquarters and marketing department in Chicago. It was then that Leinenkugel decided to pursue a career change. (Milwaukee Business Journal, WI)
Qimonda restructures, cuts 3000 jobs Oct 14, 2008
Besides selling its share of the Inotera joint venture with Nanya Technology to competitor Micron Technology, the company will change its product focus, reduce capacities and shut down production lines ... In the context of this move, Qimonda of the Inotera production joint venture to Micron who will pay $400 million (about 296 million) for the assets. (EETimes)
Western Union in money transfer deal Oct 14, 2008
Western Union and Absa had started a joint venture offering international money transfer services to the retail bank's customers. The services will be offered at more than 28 Absa branches by the end of next month, the bank's chief executive, Steve Booysen, said yesterday. (Business Report, South Africa)
Qimonda Sells Inotera Stake, Cutting 3,000 Jobs Oct 14, 2008
BERLIN German memory-chip maker Qimonda AG is cutting 3,000 jobs and selling its stake in Inotera a joint venture with Taiwan's Nanya Technology Corp. to Micron Technology Inc. for $400 million. Qimonda, which is majority owned by Infineon Technologies AG, said the cash deal to sell its 35. (Newsmax)
Peroni Nastro Azzurro Continues Sponsorship of Mercedes-Benz Fashion Week at Smashbox Studios Oct 13, 2008
MillerCoors is a joint venture of SABMiller plc and Molson Coors Brewing Company. SOURCE MillerCoors. (PR Newswire)
2nd UPDATE: Micron To Pay US$400 Million For 35.6% Stake In Inotera Oct 13, 2008
Micron, which also has a 50-50 joint venture with Nanya Technology called MeiYa Technology Corp., expects the deal to expand its global market share ... "As we are cooperating in Inotera, it looks like there's no need to have an extra joint venture," he said. (CNNMoney.com)
Disparity in Road Home distribution raises questions Oct 13, 2008
My brother in law, who lived one block over, who had been a partner at Lloyds(oL, and then the CEO of a joint venture involving LoL) even though he has his ear ever so close to the ground, he couldn't get a decent rate either post-Katrina, (btw they picked up the difference, then told him they were moving him and the entire office to Houston). Inappropriate. (Yahoo News -- Tropical Storms and Hurricanes)
NBA to help develop, design arenas in China Oct 13, 2008
LONDON (AP) -- The NBA has formed a joint venture with Anschutz Entertainment Group to design and develop multipurpose, NBA-style arenas in major Chinese cities. The official announcement of the partnership was to be made later Sunday at the O2 Arena in London, where the and were to play a preseason game. (SportsIllustrated.CNN -- NBA)
Micron for Qimonda's Inotera stake Oct 13, 2008
6 per cent stake in Inotera, a joint venture between Qimonda and Nanya Tech, for $400 million in cash. The transaction will be completed in two stages, with Micron purchasing half of Qimonda's stake, or about 18 per cent of Taiwan's Inotera Memories, for $200 million in cash within approximately the next week -- subject to certain government approvals and other customary conditions, Micron said in a statement. (India Times)
Burgers paid for by mobile phone Oct 13, 2008
The joint venture between McDonalds and DoCoMo - worth 300 million yen - will see McDonalds Japan holding a 70% stake, with DoCoMo owning the rest. It is due to begin in July of this year. (Yahoo News -- Wireless Technology)
World Leaders Take Big Steps Against Credit Crunch Oct 13, 2008
is a joint venture between. and Hearst SM Partnership. (Fox News)
NBA in partnership to build, manage China arenas Oct 13, 2008
ESPN - League, AEG in joint venture to develop NBA-style arenas in China - NBA ... League, AEG in joint venture to develop NBA-style arenas in China - NBA ... League, AEG in joint venture to develop NBA-style arenas in China. (ESPN -- Golf News)
Zimbabwe: Lupane Gas Project Stalled Oct 13, 2008
The implementation of the Lupane Methane Gas Project has been stalled by the failure of a joint venture between the Industrial Development Corporation and Newcyc of India. In his statement accompanying IDC's financial report for 2007, general manager, Mr Mike Ndudzo said Newcyc has failed to supply a drilling rig for the gas reserve drilling stage. (allAfrica.com)
AIDS vaccine focus shifts after disappointments Oct 13, 2008
The International AIDS Vaccine Initiative last month announced it was launching a 30 million joint venture research lab in California dedicated to accelerating work on neutralizing antibodies. The renewed focus on lab work has left some scientists and advocates worried that human clinical trials of vaccine candidates may suffer as funding shifts toward basic research. (Yahoo News -- Pharmaceutical Industry News)
5-time major winner battling brain tumor Oct 13, 2008
The league has formed a joint venture with Anschutz Entertainment Group to design and develop multipurpose, NBA-style arenas in Chinese cities. GOLF. (Yahoo News -- Auto Racing)
Fjordland Exploration Inc.-Woodjam Project: Southeast Zone Drilling Intersects 200.76 Metres of 1.01% Copper and 0.44 g/t Gold Open to Depth Oct 13, 2008
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 11, 2008) - Fjordland Exploration Inc. (TSX VENTURE: - ) is pleased to report that the Woodjam Joint Venture, comprising Fjordland (60%) and Cariboo Rose Resources Ltd. (TSX VENTURE: - ; 40%), has intersected 200 ... Tom Schroeter, President of Fjordland, stated, "The Joint Venture is extremely pleased with these results which show not only higher copper grades but also significantly enhanced gold values. The mineralization displays very even... (CCNMatthews Press Releases)
CB Richard restructures, Boston spared Oct 13, 2008
The New England division is a joint venture and not wholly-owned by CB Richard Ellis. Decisions regarding the New England office are made on a local level, said Hoar, adding there were no layoffs planned. (Boston Business Journal, MA)
Sports news briefs (Today) Oct 13, 2008
" The NBA has formed a joint venture with Anschutz Entertainment Group to design and develop about 12 multipurpose arenas in major Chinese cities. AEG runs the O2, and the venture will be equally owned by the two parties. NBA commissioner Stern did not say when the plan would be starting, or where the buildings would be located. Soccer Having clinched a spot in the CONCACAF qualifying finals for the 2012 World Cup, the United States will sit many of its regulars for Wednesday's match at Trinidad... (Pittsburgh Post-Gazette, PA -- Sports)
