BERLIN and MUMBAI, India, February 8 - Innovation by Germany's Information and Communications Technology (ICT) industry is a key to rapid economic recovery. Europe's largest market and a propeller of cutting-edge technology, Germany's IT industry is responsible for 80 percent of German innovations in all industries. Left relatively unscathed by the downturn, ICT has continued to perform well worldwide. Germany Trade & Invest will be presenting the latest in ICT innovation at this year's NASSCOM India Leadership Forum 2010 from February 9 - 11 in Mumbai, India.
BRUSSELS and HERAKLION, Greece, February 8 - The EU 'cyber security' Agency - ENISA (the European Network and Information Security Agency) today presents a new report on accessing social networks over mobile phones, 'Online as soon as it happens' ( www.enisa.europa.eu/act/ar/deliverables/2010/onlineasithappens ). The report points out the risks and threats of mobile social networking services, e.g. identity theft, corporate data leakage and reputation risks of mobile social networks. The report also gives 17 'golden rules' on how to combat these threats.
TOKYO, HONG KONG and SINGAPORE, February 7 - Tullett Prebon (Europe) Limited ("Tullett Prebon") announces the launch of a new over-the-counter (OTC) brokerage business in Japan for Nikkei options and Delta one products. Tullett Prebon has a presence in more than 20 countries and is one of the world's largest inter dealer broker, facilitating the trading activities of its clients, in particular commercial and investment banks.
OIL REFINERIES SECURES $900 MILLION MULTI-YEAR FINANCING PLAN HAIFA, Israel, February 7 - Oil Refineries (TASE: ORL.TA) ("ORL" or the "Company), announced today that it secured a $900 million financing framework in order to continue to implement the Company's strategic plan, as well as to service its other capital needs for four years. As part of the financing framework the Company signed an agreement of principles to receive $600 million dollars in financing from a syndicate of local banks, led by Bank Hapoalim. Additionally, the US Congress has approved a $300 million backing from Ex-Im Bank, designated for the financing of equipment to be purchased outside of Israel. Furthermore, the Company announced that it has completed all the necessary preparations to merge the activities of Carmel Olefins Ltd. ("CAOL"), defining a new management structure.
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