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To Grow, GM Tries to Make Small Cars Cool
Automaker Looks to Find Niche in Market it Long Ignored
CBS News

Inverness closes Concateno deal, raises $150M in debt offering
Inverness Medical Innovations Inc., a developer of medical technologies for the consumer market, has closed its $240 million acquisition of Concateno plc, a London-based provider of drug-testing services. (IMA)
Biz Journal

Opec fears fall in demand
According to the monthly report of the Organisation of the Petroleum Exporting Countries (Opec), rival oil supplies and the sluggish pace of recovery in world consumption will shrink demand for Opec's crude oil next year, Reuters has reported. Demand for Opec crude will average 27.97 million barrels per day (bpd) next year, down 480,000 bpd from 2009, the report has said. ?If market expectations for an economic recovery are not fully realised, current price levels could face increasing pressure,? the producer group has said. [AMEInfo.com]
AME

Jordan moots electricity tariffs updates
Jordan's Ministry of Energy and Mineral Resources is considering a pricing system for electricity, amongst other alternatives, which adopts a periodic update to tariffs based on changes in oil prices on the world market, The Jordan Times has reported. The proposed measure aims to reduce the National Electric Power Company's budget deficit, which resulted from the increase in oil prices, the ministry has said. [AMEInfo.com]
AME

Tokuyama To Build 6,000 Ton Polysilicon Plant
Despite a market climate of low prices and soft demand, Tokuyama Corporation has decided to build a new polycrystalline silicon production facility in Sarawak, Malaysia, to manufacture product for the solar industry. The new factory will be constructed at the Samalaju Industrial Park. Construction of the new factory is scheduled to commence early in 2011, and the start of operations is scheduled for spring 2013.
Renewable Energy World

Construction of Pet Friendly House to Give Real Estate Market Bite
For millions of Americans, a house is not a home until there's a four legged friend living with them. More often than not, those homes are not pet friendly. The 'Pet Friendly House' wil...
Big News Network

TSX closes sharply lower, investors in wait and see mode following strong gains
The Toronto stock market closed lower Monday as investors pocketed some profits after the main index gained more than 1,000 points over a four-week period.
Topix.net

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