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Alitalia says 2007 revenues from air traffic could be €4.7 billion

March 9, 2007

Alitalia said Friday that it sees 2007 revenues from air traffic at about €4.7 billion (US$6.18 billion) as the struggling airline tries to return to profitability.

Read more from this news report @ International Herald Tribune

Labels: 2007-airlines, 2007-italy, 2007-mar, 2007-mar-airlines, 2007-mar-europe, 5-10-billion, airlines, airlines-europe, airlines-italy, italy

Bank Of America Commits $20 Billion To Renewable Energy

AER Staff, 08 March 2007

Bank of America Corp. has introduced a $20 billion, 10-year initiative that encourages the development of environmentally sustainable business practices through lending, investing, philanthropy, and the creation of new products and services.

According to the company, it will commit $18 billion in lending, advice and market creation to help commercial clients finance the use and production of new products, services and technologies.

See more from this news report at Alternative Energy Retailer

Labels: 10-25-b, 2007-energy, 2007-mar, banking, energy

Philips to sell stake in Taiwan's TSMC, worth $8.5-billion (U.S.)

Associated Press

AMSTERDAM — Royal Philips Electronics NV, Europe's largest consumer electronics maker, said it plans to sell its 16.2-per-cent stake in Taiwan Semiconductor Manufacturing Co. over the next few years. The stake is valued at around $8.5-billion.

Taiwan Semiconductor Manufacturing is the world's biggest contract chip maker by revenue, and supplies chips for mobile phones, digital cameras and computers.

Full story here, from The Globe & Mail

Labels: 2007, 2007-electronics, 2007-mar, 5-10-b, acquisitions, acquisitions-electronics, electronics, electronics-asia, electronics-europe, netherlands, taiwan