LUXEMBOURG - In a breakthrough for microfinance and alternative investment, the LeapFrog Financial Inclusion Fund announced today that it has raised US$44 million. It is the world's first investment fund focused on microinsurance. The fund aims to invest in businesses that will bring insurance and financial services to 25 million low-income people in Africa and Asia.
OTTAWA, Canada - Expanded Broadband Services to African Continent Now Offered via Telesat's Newest Satellite
LONDON and NEW YORK - **38 AUCTIONS COMPLETED TO DATE IN 2009** During the week of June 8, 2009, Markit and Creditex conducted Credit Event Auctions (CEAs) to facilitate settlement of credit derivative trades referencing five global companies, including General Motors. The auctions have been used to settle transactions in connection with the defaults of 38 companies so far this year in the U.S. and Europe and are an integral part of efforts by International Swaps and Derivatives Association (ISDA) to standardize critical elements of the credit default swap (CDS) market through the "Big Bang Protocol," which came into force on April 8, 2009.
SILVER SPRING, Maryland - European-Based Choice Privileges Rewards Members Receive Double the Value at Thousands of Hotels Across the World
PARIS - Steady Progress Continues on Second and Third Advanced EHF Spacecraft PARIS AIR SHOW -- Lockheed Martin (NYSE: LMT) announced today that the first Advanced Extremely High Frequency (Advanced EHF) military communications satellite is now undergoing final thermal vacuum testing at the company's Sunnyvale, Calif. facilities.
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