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Former site of Sonesta Key Biscayne sold for $78M
The former site of the Sonesta Key Biscayne has been sold for $78 million to an Argentine real estate investment and development company. (HF)
Biz Journal Tuesday, September 29, 2009

Muscle Flex, Inc. (MFLI.PK) Readies Direct Response TV Infomercials for New Products, Coinciding with Several Major National Promotions
Muscle Flex Inc. announced this morning that it will be releasing The BUDDY Tablet Caddy(TM) and the Beagle StepFit(TM) Pedometer simultaneously in early November. The company gave two primary reasons for this release strategy: 1. Muscle Flex decided to run both commercials in the same markets so that each product reinforces the other in terms of [...]
IB Times Tuesday, September 29, 2009

Clenergen Corp. (CRGE.OB) Leases 2,000+ Additional Acres in India for Biomass Plantations
Clenergen Corp. announced today that it has secured long term leases effective 25 years on plantation land parcels in the Tirunelveli District of Tamilnadu for cultivation of its feedstock. The company has already begun working on the first parcel of 850 acres for a detailed survey prior to designing the irrigation system and commercial planting. [...]
IB Times Tuesday, September 29, 2009

Nigeria: CNOOC in Talks for Onshore Oil Blocks
Nigeria claims it is in advanced talks with CNOOC over signing deals for onshore oil blocks as the state-run company looks to expand its position in the West Africa.
rigzone.com Tuesday, September 29, 2009

Brazil's Lower House to Approve Oil Law by Nov 10
Brazil's lower house should approve the four bills that make up the country's new regulatory framework for the oil industry by Nov. 10, Mines and Energy Minister Edison Lobao said Monday.
rigzone.com Tuesday, September 29, 2009

Saudi Aramco CEO: Sluggish Demand in West Not Offset by China
Oil demand remains "sluggish" throughout the developed world, and growth in China isn't making up for the loss, said Saudi Aramco CEO Khalid Al Falih.
rigzone.com Tuesday, September 29, 2009

Hong Kong IPO Pipeline - Sept 29
The following are some of the major companies planning initial public offerings on the Hong kong stock exchange.
IB Times Tuesday, September 29, 2009

Venture-owned e-commerce co Newegg files for IPO
Newegg Inc, a venture-capital backed online retailer of computer hardware and software, plans to raise up to $175 million in an initial public offering, according to a regulatory filing.
IB Times Tuesday, September 29, 2009

Peak Sport shares drop 17 pct in HK debut
Shares of Peak Sport Products Co tumbled 17 percent on Tuesday, in the worst debut of a Hong Kong IPO in the current wave of offerings.
IB Times Tuesday, September 29, 2009

China Ministry of Commerce approves GM Delphi deal
China's Ministry of Commerce has approved plans by General Motors Co to acquire certain assets of bankrupt Delphi Corp, Xinhua, the country's official news agency, reported on Tuesday.
IB Times Tuesday, September 29, 2009

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