Tag Archives: July

Confirmation.com Uncovers $200 Million Peregrine Financial Group Fraud

  Commodity Futures Regulator Moves to Mandate Use of Service for All Regulated Brokerages BRENTWOOD, Tenn., July 23, 2012 /PRNewswire/ — Within 24 hours of a regulatory mandate to use electronic confirmation service Confirmation.com, here, PFGBest, a commodity brokerage unit of Peregrine Financial Group, Inc., was exposed as a multi-year $215 million fraud. “PFGBest is […]

New Study Finds Greatly Elevated HIV Infection Rates Among Young Black Gay and Bisexual Men in the U.S.

  RESEARCH TRIANGLE PARK, N.C., July 23, 2012 /PRNewswire-USNewswire/ — Study results released today by the HIV Prevention Trials Network (HPTN) show disturbing  rates of new HIV infections occurring among black gay and bisexual men in the U.S. (also known as men who have sex with men, or MSM), particularly young black MSM. The HPTN 061 […]

Kola Aluko Hails $4.5 Billion Deal for New Refineries

  LONDON, July 23, 2012 /PRNewswire/ — The Nigerian government has signed a Memorandum of Understanding with US firm Vulcan Petroleum Resources and Nigeria’s Petroleum Refining and Strategic Reserve to build six new oil refineries in a deal worth $4.5 billion. Two of the plants, each of which will have a capacity of 30,000 barrels […]

75% of People Have Received an Email or Had Information Sent to Them by Mistake Says Independent Data and Information Security Survey

  SC Magazine’s latest survey produced in partnership with Egress Software Technologies raises major concerns about how organisations are sharing sensitive information. London, United Kingdom, July 19, 2012 –(PR.com)– A recent survey carried out by SC Magazine and Egress Software Technologies designed to look at the challenges surrounding the security used by organisations to share […]

Africa to gear up for more meaningful engagement with China

  The partnership with China should aim to boost Africa’s overall capacity, competitiveness and trade in a way that supports African development. African nations must use the Forum on China-Africa Cooperation to complement the continent’s regional institutions and policy agenda. This is according to a report by Standard Bank Group economists Jeremy Stevens and Simon […]

World Cocoa Foundation and First Lady of Cote d’Ivoire Partner to Improve Cocoa Communities

  Agreement Provides for Social and Economic Support [19-July-2012] WASHINGTON, July 19, 2012 /PRNewswire/ — The World Cocoa Foundation (WCF) and the office of Dominique Ouattara, first lady of Cote d’Ivoire, announced today an agreement to develop and implement educational and vocational training programs to benefit cocoa farmers and their families in Cote d’Ivoire. The […]

IN CHINA, AFRICA, UNITED NATIONS WILL CONNECT THOSE WHO FACE CHALLENGES WITH THOSE WHO HAVE SOLUTIONS, SECRETARY-GENERAL SAYS AT BEIJING FORUM

  NEW YORK, July 20, 2012/African Press Organization (APO)/ — Following are UN Secretary-General Ban Ki-moon’s remarks to the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, in Beijing, 19 July: It is a great honour for me to participate on behalf of the United Nations at this important Forum on China-Africa cooperation. I […]

AfDB supports Gabon renewable energy sector with €57m loan

  LIBREVILLE, Gabon, July 20, 2012/African Press Organization (APO)/ – The Board of Directors of the African Development Bank (AfDB) Group (http://www.afdb.org), through its private sector window, approved on 18 July 2012 in Tunis, a senior loan of €57.5 million to the Coder Hydropower Project for the design, construction and operation of two run-of-river hydro […]

5bn Euros Spent on Fairtrade Products in 2011

  5 Billion Euros Spent on Fairtrade Products in 2011: World’s Most Recognized Ethical Label on Solid Ground in Established Markets, Taking Off in New Ones Bonn, Germany, 17 July 2012. Women, men and children around the globe spent almost 5 billion euros (€4.9bn, US$6.6bn) on Fairtrade certified products last year, according to figures released […]

Instant Asset Tracking for Enhanced Security Heightens RFID Usage in Data Centers, Observes Frost & Sullivan

Corporate accountability regulations compel data centers to invest in RFID to maintain and manage their IT assets MOUNTAIN VIEW, Calif., July 17, 2012 /PRNewswire/ — The growing requirement for faster and more accurate tracking and tracing of IT assets in data centers is prompting data center operators and hosting service providers to increasingly adopt radio-frequency identification […]