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Aldar announces completion of Ferrari World Abu Dhabi external structure
Aldar Properties, Abu Dhabi's leading property development, management and investment company, today announced the completion of the external structure of Ferrari World Abu Dhabi.
AME

Excellon Reports Quarterly Profit of $1,268,957 and Annual Loss of $4,900,830
TORONTO, ONTARIO--(Marketwire - Oct. 29, 2009) - Excellon Resources Inc. (TSX:EXN) (the 'Company' or 'Excellon') reports fourth quarter earnings of $1,268,957 and a net loss of $4,900,830 for the year ended July 31, 2009. (For full details, please see the Company's Management Discussion & Analysis and Audited Financial Statements, which were filed on SEDAR, www.sedar.com, on October 29, 2009.) 2009 Highlights: - The Company returned to profitability in the second half of the year after successfully reorganizing its operations including its acquisition of Silver Eagle Mines Inc. (concluded on June 2)
Market Wire

Steve Palmer: Timing the Market
The dollar's not going to go straight down, according to Steve Palmer, president and CEO of AlphaNorth Asset Management:'I'm expecting the U.S. dollar to rally in the short term and gold to sell off.' Forecasting a bit of a pullback in the next month or so followed by another rally before year's end, Steve also explains his 'bigger bang for your buck' penchant for exploration stories in this exclusive interview with The Gold Report.
IB Times

Mavrix Fund Management Inc. is Pleased to Announce the Initial Closing for the Mavrix Explore 2009-II FT Limited Partnership
TORONTO, ONTARIO--(Marketwire - Oct. 29, 2009) - Mavrix Fund Management Inc. ('Mavrix') is pleased to announce the initial closing of the sale of limited partnership units of the Mavrix Explore 2009-II FT Limited Partnership (the 'Partnership'). Gross proceeds raised were $2.887 million. The Partnership will primarily invest in flow-through shares of resource issuers engaged in mineral or oil and gas exploration in Canada, with a view to maximizing the tax benefit of an investment in the Partnership's units, preserving capital and achieving capital appreciation for limited partners. The Partnership intends to focus on companies in the intermediate and junior resource sector with advanced exploration programs. The next closing of the offering is scheduled to occur on or about November 26, 2009. The maximum size of the offering is $25,000,000.
Market Wire

Geely wants to help Volvo in high-flying Chinese car market
Beijing - The Chinese carmaker Geely said Thursday that it plans to help Volvo Cars expand in Geely's home market, the world's largest car market, once it takes over the Swedish subsidiary of Ford Motor Co. Volvo's current management, its factories, ...
Earth Times

BBC to cut senior management bill
The BBC's £79m pay bill for senior management is set to fall by a quarter and more than 100 positions will go by 2013 under plans approved by the broadcaster's regulatory body
FT

Premier picks European telcos for yield
LONDON (Reuters) - Premier Asset Management is overweighting continental European telecoms companies and other utilities for yield in its Optimum Income Fund, seeing the potential for strong cash generation.
Market Watch

Utah Biomass Energy Project Gets $2.5M Grant
Utah Biomass Energy Project Wins Congressional Funding To Turn Wood Waste, Coal To Liquid Fuel
CBS News

Gilbert Van Hassel Named CEO of ING Investment Management
NEW YORK, Oct. 29 /PRNewswire-FirstCall/ -- ING Investment Management announced that it has appointed Gilbert Van Hassel global CEO of ING Investment Management ('ING IM'). Gilbert Van Hassel will report to Tom McInerney, who, as disclosed on 26 October 2009, will take on the role of Chief Operating Officer on the ING Management Board Insurance, with day-to-day responsibility for all insurance and investment management activities.
prnewswire.com

Avature Selects TelecityGroup Netherlands to Host European Data Centre Operations for its SaaS Based Recruiting CRM
NEW YORK, Oct. 29 /PRNewswire/ -- Avature, a provider of innovative Web 2.0 Human Capital Management software solutions, today announced the selection of TelecityGroup Netherlands for hosting their EMEA region software services. The Amstel Business Park (ABP) data centre, TelecityGroup's newest Amsterdam facility, was selected for its high security, excellent connectivity, and low environmental impact.
prnewswire.com

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