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Toyota Motor Corp forecast a first-ever annual operating loss, blaming a relentless sales slide and a crippling rise in the yen in what it said was an emergency unprecedented in its 70-year history. - [Read more]

Hamas agreed on Monday to hold fire against Israel for 24 hours, but warned it would resume suicide attacks if the Jewish state launched an offensive against its Gaza stronghold. - [Read more]

The number of people unemployed throughout the world could rise by up to 25 million by 2010 because of the global financial and economic crisis, the head of the OECD Angel Gurria said on Monday. - [Read more]

3.75 metres at 4.93 g/t Au including 0.75 metres at 21.87 g/t Au - [Read more]

BANGALORE, INDIA--(eMediaWorld - December 22, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- A consortium of Korea Electric Power Corporation (NYSE:KEP) (KEPCO) (Seoul, South Korea) and ACWA Power Company (Riyadh, Saudi Arabia) secured a deal valued at $2.5 billion from Saudi Electric Company (Riyadh) to develop and operate an oil-fueled power plant in Saudi Arabia. For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=142315, or browse other breaking industrial news stories at www.industrialinfo.com. - [Read more]

STOCKHOLM, SWEDEN--(eMediaWorld - December 22, 2008) - Launch of Credit Default Swaps on Cinnober-delivered Bclear Cinnober has delivered a significant expansion to Liffe, one of the world's major derivatives exchanges. As a result, Liffe is the first exchange in the world to handle the processing and clearing of credit default swaps (CDS), through their award-winning Bclear service. Liffe proudly announces today that Bclear now provides new and existing CDS market participants with the world's first efficient platform for reducing operational and counterparty risks, while maintaining the pre-negotiation flexibility that OTC market participants value. CDS trades are negotiated and agreed away from the exchange, before being processed through Bclear and cleared through LCH.Clearnet, which stands as the central counterparty to all Bclear CDS transactions. - [Read more]

It's something any bank would demand to know before handing out a loan: Where's the money going? - [Read more]

NEW YORK, NY--(eMediaWorld - December 22, 2008) - Wall St. Network's 3-Minute Press Show is a daily program hosted by WSN reporter Tracee Tolentino that features in-depth interviews with public company executives on their company and most recent press releases. The show is designed to provide viewers with insight into a company's latest news, and its impact on the company's growth. Shows air Monday through Friday at: http://tv.wallst.net/3-min-press/3-min-press.php. - [Read more]

SUGAR LAND, TX--(eMediaWorld - December 22, 2008) - Industrial Info Resources (Sugar Land, Texas) will host special guest Buffalo Gap Instrumentation and Electrical Company Incorporated (BGI&E) as part of this week's "Industry Today" webcast. Since 1987, BGI&E has provided safe and exceptional instrument and electrical (I&E) services for industrial plant and project owners for the oil & gas, power, chemical, refining and other industries. BGI&E's staff consists of skilled and experienced craftsmen, technicians and supervisors located throughout the United States utilizing the most advanced equipment and tools available. - [Read more]

OMAHA, NE--(eMediaWorld - December 22, 2008) - President and Chief Operating Officer Todd A. Becker has been named Chief Executive Officer of Green Plains Renewable Energy, Inc. (NASDAQ: GPRE), effective January 1, 2009. Wayne B. Hoovestol, current Chairman and Chief Executive Officer, will remain as Chairman. Becker's appointment is consistent with the previously-announced transition plan following the closing of the merger with VBV LLC and its subsidiaries on October 15, 2008. - [Read more]

Locus' Enhanced eEHS Moves Corporate Sustainability Reporting Higher Into the Cloud - [Read more]

MONTREAL, QUEBEC--(eMediaWorld - Dec. 22, 2008) - Paladin Labs Inc. (TSX:PLB), a leading Canadian specialty pharmaceutical company, today announced that it has entered into a licensing and distribution agreement under which ProStrakan Group plc (LSE:PSK) has granted Paladin the exclusive Canadian rights to market and sell Abstral(R) (sublingual fentanyl) and Sancuso(R) (granisetron transdermal patch). Financial terms of the deal were not disclosed. Abstral(R) is a rapid dissolving, sub-lingual tablet of fentanyl, indicated for the management of breakthrough cancer pain in patients who are already receiving opioid analgesics. Abstral(R) is currently approved in Sweden, Denmark, United Kingdom and Germany. There is currently no immediate release fentanyl available for sale in Canada. In the United States, immediate release fentanyl recorded more than US $500 million in sales in 2007. - [Read more]

VANCOUVER, BRITISH COLUMBIA--(eMediaWorld - Dec. 22, 2008) - Fronteer Development Group Inc. ("Fronteer" or the "Company") (TSX:FRG)(NYSE-A:FRG) announced today that it intends to make an offer to acquire all of the outstanding common shares ("Common Shares") of Aurora Energy Resources Inc. ("Aurora") that it does not already own (the "Offer"). Pursuant to the Offer, Aurora shareholders will receive 0.825 of a Fronteer common share for each Common Share. The Offer represents a premium of approximately 166% over the December 19, 2008 closing price of the Common Shares of $0.97, based on a closing price of $3.13 per Fronteer common share on the Toronto Stock Exchange ("TSX") on that same date, the last trading day prior to the announcement. The Offer also represents a premium of approximately 96% based on the volume weighted average trading prices of Fronteer and Aurora on the TSX for the 20 trading days ended December 19, 2008. - [Read more]

MONTREAL, QUEBEC--(eMediaWorld - 22 déc. 2008) - Laboratoires Paladin Inc. (TSX:PLB), une entreprise pharmaceutique canadienne spécialisée de premier rang, a annoncé aujourd'hui la conclusion d'un accord de licence et de distribution en vertu duquel ProStrakan Group plc (LSE:PSK) octroie à Paladin les droits exclusifs au Canada de procéder à la commercialisation et à la vente de Abstral(R) (comprimés de fentanyl administrés par voie sublinguale) et de Sancuso(R) (timbres de granisétron transdermiques). Les dispositions financières de l'accord n'ont pas été divulguées. - [Read more]

TORONTO, ONTARIO--(eMediaWorld - Dec. 22, 2008) - H.J. Heinz Company of Canada is lending its support to the Daily Bread Food Bank this holiday season with an important contribution of $100,000 worth of Heinz Nurture Infant Formula. A leader in Infant Nutrition, Heinz announced this unprecedented donation today in honour of its 100th anniversary in Canada. - [Read more]

CALGARY, ALBERTA--(eMediaWorld - Dec. 22, 2008) - Direct Energy Regulated Services (DERS), a business unit of Direct Energy Marketing Limited, has filed with the Alberta Utilities Commission proposed regulated natural gas rates for January 2009. Upon approval, these rates will apply to customers who have not chosen a competitive supplier within the ATCO Gas North and South service territories. North Service Territory The North territory includes customers living in and north of the City of Red Deer. - [Read more]

PTEN Gene Associated With Cancer Prognosis and Choice of Chemotherapy - [Read more]

FOSTER CITY, CA--(eMediaWorld - December 22, 2008) - SciClone Pharmaceuticals, Inc. (NASDAQ: SCLN) today announced the enrollment of its first patient in its phase 2, multi-center, randomized, double-blind, placebo-controlled study to assess the safety and efficacy of SCV-07 for prevention of oral mucositis (OM) in patients receiving radio-chemotherapy for the treatment of head and neck cancer. "Despite its frequency, pain, adverse impact on health, and healthcare cost, there are very few treatment options available for oral mucositis," said Stephen T. Sonis, DMD, DMSc, Brigham and Women's Hospital, Boston, MA. "Data from the preclinical studies of SCV-07 were very promising, showing a compelling prevention of oral mucositis. Intriguingly, the preclinical models also showed a decrease in tumor growth in addition to preventing oral mucositis. And, SCV-07 was well-tolerated. Based on these significant findings, we be - [Read more]

(December 22, 2008) -- MoD has awarded Rolls-Royce Defence Aerospace a GBP258 million contract to support the engines on its fleet of Royal Navy and Royal Air Force Sea King helicopters. The 10-year agreement with Rolls-Royce will provide a guaran... - [Read more]

Prepares For Testing In The United Kingdom (Fort Worth, Texas, December 19, 2008) -- Lockheed Martins [NYSE: LMT] second F-35 Lightning II ground-test aircraft rolled out on Wednesday at the companys Fort Worth plant, where it will be fully inst... - [Read more]