Press Releases

BEIJING, Dec. 4 /PRNewswire-Asia/ -- At 9:50 am on November 30, the arrival of Air China flight CA 912 from Stockholm to Beijing Capital Airport took the number of passengers who have travelled through Beijing Airport past 60 million. This important milestone is testament to the boom that the Chinese civil aviation industry is currently experiencing. With more flights arriving in and departing from Beijing than any other international or domestic airline, Air China celebrates this milestone with Beijing Capital Airport.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080625/CNW017LOGO )

Since March 2008, when Air China established itself in Beijing Capital Airport's Terminal 3, journeys have become more convenient and enjoyable for Air China's passengers. In Terminal 3, Air China has optimized its baggage handling system and its departure control system, making collecting luggage much quicker and easier for passengers. Furthermore, Air China has improved the efficiency of airport transfers, enhanced check-in procedures and developed several new services for its passengers. During the 2008 Beijing Olympic Games, Air China successfully provided its passengers with the optimal travel experience.

"We congratulate Capital Airport on surpassing the 60 million passengers' milestone," said Air China Vice-President Zhang Lan. "Through Air China's cooperation with Beijing Capital Airport, we have not only experienced a record number of passengers, but also improvements in both safety and services."

Air China: Carrying China, Spanning the World

Air China is China's only national flag carrier and a Star Alliance member. By a fleet of 256 Airbus and Boeing aircraft, our routes serve 30 countries and regions. Thanks to our admission to the Star Alliance, our route network, with Beijing as its hub, is able to place 987 destinations in 160 countries within our reach. Air China now has 10 million PhoenixMiles members.

For more information, please visit our website http://www.airchina.com.cn , or call our service hotline 4008-100-999.

SOURCE Air China

Hard Disk Drive Industry Veteran to Lead Storage Company's Global Manufacturing and Supply Chain Operations

SAN JOSE, Calif.--(BUSINESS WIRE)-- Hitachi Global Storage Technologies (Hitachi GST) today announced the appointment of Don Blake as senior vice president of Operations. Mr. Blake will lead a team focused on making operational improvements that strengthen Hitachi GST's competitive position in the global hard disk drive market. He comes to Hitachi after spending 13 years at Western Digital Corporation, where he most recently served as vice president and general manager of WD Media.

"Don brings a proven record of accomplishment in high-volume manufacturing, supply chain management and global business operations," said Steve Milligan, president, Hitachi Global Storage Technologies. "His leadership and industry knowledge will be critically important as we continue to make process and efficiency improvements that will have a positive impact on customer response time, product quality and overall satisfaction."

Mr. Blake has more than 25 years of manufacturing and operations expertise in the hard disk drive industry. His tenure at WD included executive-level manufacturing, program management and quality roles. He spent seven years in Asia managing WD's HDD operations and played a leading role in the acquisition and successful integration of Komag. He began his career at Digital Equipment Corporation and held operations management positions of increasing responsibility at Connor Peripherals, Maxtor and Toshiba.

Mr. Blake will maintain offices in Asia and at the company's headquarters in San Jose, Calif.

About Hitachi Global Storage Technologies

Hitachi Global Storage Technologies (Hitachi GST) develops advanced hard disk drives and Enterprise-class solid state drives used to store and preserve the world's most valued data. Founded by the pioneers of hard drives, Hitachi GST provides high-value storage for a broad range of market segments, including Enterprise, Desktop, Mobile Computing and Consumer Electronics. Hitachi GST was established in 2003 and is headquartered in San Jose, California. For more information, please visit the company's website at www.hitachigst.com.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 400,000 employees worldwide. Fiscal 2008 (ended March 31, 2009) consolidated revenues totaled 10,000 billion yen ($102.0 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials, logistics and financial services. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Hitachi GST trademarks are authorized for use in countries and jurisdictions in which Hitachi GST has the right to market the brands. Hitachi GST is not liable for third parties' unauthorized use of Hitachi GST trademarks.

    Source: Hitachi Global Storage Technologies

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/3894c7/china_sourcing_rep) has announced the addition of the "China Sourcing Report: Tableware & Cutlery" report to their offering.

China's tableware and cutlery industry looks forward to higher overseas revenue in 2010 as the economic slowdown eases. Thanks to various cost-cutting measures and revised export strategies, many companies in the country have been able to sustain their businesses amid the global financial crunch.

In fact, key product lines such as ceramic, porcelain and glass tableware, and flatware all experienced modest YoY sales growth in the first nine months of 2009.

The increased focus on alternative foreign markets, as well as the shift to the midrange, a price segment that has become more popular during the crisis, helped cushion the impact of the recession.

This report focuses on the main tableware & cutlery exported from China -- glass, ceramic and porcelain, and melamine dinnerware, flatware, and tabletop accessories such as placemats, condiment sets, and salt and pepper mills.

What you'll get

    --  In-depth profiles of 32 major suppliers with a comprehensive look at
        their manufacturing and export capability, verified contact details, and
        more - this information is not available anywhere else
    --  125 full-color images that depict popular tableware & cutlery export
        models, complete with product descriptions, prices, minimum order
        requirements and delivery times
    --  Verified supplier contact details of an additional 29 exporters,
        including names, e-mails, telephone numbers and websites
    --  Supplier information in tabular format to help you compare companies at
        a glance
    --  Results of the custom-designed supplier survey, which forecasts industry
        trends for the next 12 months
    --  An extensive overview of the industry discussing the main challenges
        facing suppliers
    --  An in-depth examination of the supplier base highlighting key
        characteristics of different types of companies
    --  Details of the primary production centers
    --  An update of the latest trends in design, R&D, materials and components
    --  A review of the key factors that influence the price and quality of
        low-end, midrange and high-end products
    --  Comprehensive pricing tables featuring export price ranges

In this Report:

    --  32 in-depth company profiles
    --  29 additional suppliers
    --  125 top-selling export products
    --  Supplier demographics
    --  Supplier survey
    --  Industry statistics & charts

Key Topics Covered:

    --  OVERVIEW
    --  Supplier summary
    --  Main production centers
    --  Supplier demographics
    --  Glass tableware
    --  Ceramic & porcelain dinnerware
    --  Flatware
    --  Tabletop accessories
    --  Melamine dinnerware
    --  Supplier survey
    --  Export prices, export capability, price increase, export sales,
        challenges, target markets, product trends, capacity expansion
    --  SUPPLIER PROFILES
    --  Supplier locations
    --  Industry composition
    --  Exporter ranking
    --  Supplier matrix
    --  Production checklist
    --  Supplier profiles
    --  PRODUCT GALLERY
    --  Top-selling export products
    --  ADDITIONAL SUPPLIERS
    --  Key products, contact details

For more information visit http://www.researchandmarkets.com/research/3894c7/china_sourcing_rep

Source: Global Sources

    Source: Research and Markets

LONDON--(BUSINESS WIRE)-- Guy Carpenter & Company, LLC's Accident & Health team has been named "Broking Team of the Year" at the Insurance Day 2009 London Market Awards. The annual awards, presented December 3 at London's Grosvenor Hotel, are selected by a distinguished panel of independent judges and recognize outstanding work in the London (re)insurance market.

Over the past several years Guy Carpenter's Accident & Health team has experienced strong year-on-year growth and has significantly diversified its core client base to comprise customer relationships in more than 30 countries, including China and across the Middle East. Leveraging a core team of experienced brokers, the group has prospered in a difficult economic climate by expanding its services - which include keyman insurance, reinsurance, retrocession and London market excess - to a balanced portfolio.

Recent achievements of Guy Carpenter's Accident & Health team include the establishment of an underlying conveyance-only retrocession layer to significantly reduce retention of a common carrier event, as well as being the first team in the market to provide a comprehensive terror, pandemic, Medex and property cover. Guy Carpenter's proprietary life cat model also empowers clients to effectively model their risk profiles from their own desktops, using basic portfolio data.

QUOTE

Peter Zaffino, President and CEO, Guy Carpenter

"We are very pleased and honored to receive this award from Insurance Day. We have worked extremely hard to develop our Accident & Health practice in London and this award is a tremendous endorsement of the progress that our team has made."

TAGS/KEYWORDS

Guy Carpenter, reinsurance, accident and health, awards, Insurance Day, London

About Guy Carpenter

Guy Carpenter & Company, LLC is the world's leading risk and reinsurance specialist and a part of the Marsh & McLennan Companies. With over 50 offices worldwide, Guy Carpenter creates and executes reinsurance solutions and delivers capital market solutions* for clients across the globe. The firm's full breadth of services includes line of business expertise in Agriculture; Aviation; Casualty Clash; Construction and Engineering; Excess and Umbrella; Life, Accident and Health; Marine; Medical Professional Liability; Political Risk and Trade Credit; Professional Liability; Property; Retrocessional Reinsurance; Surety; Terrorism and Workers Compensation. GCFac(R) is Guy Carpenter's dedicated global facultative reinsurance unit that provides placement strategies, timely market access and centralized management of facultative reinsurance solutions. In addition, Guy Carpenter's Instrat(R) unit utilizes industry-leading quantitative skills and modeling tools that optimize the reinsurance decision-making process and help make the firm's clients more successful. Guy Carpenter's website address is www.guycarp.com.

Guy Carpenter's intellectual capital website, www.GCCapitalIdeas.com, leverages blog technology, including Real Simple Syndication (RSS) feeds and searchable category tags, to deliver Guy Carpenter's latest research as soon as it is posted. In addition, articles can be delivered directly to BlackBerrys and other handheld devices.

* Securities or investments, as applicable, are offered in the United States through GC Securities, a division of MMC Securities Corp., a US registered broker-dealer and member FINRA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone: (212) 345-5000. Securities or investments, as applicable, are offered in the European Union by GC Securities, a division of MMC Securities (Europe) Ltd., which is authorized and regulated by the Financial Services Authority. Reinsurance products are placed through qualified affiliates of Guy Carpenter & Company, LLC. MMC Securities Corp., MMC Securities (Europe) Ltd. and Guy Carpenter & Company, LLC are affiliates owned by Marsh & McLennan Companies. This communication is not intended as an offer to sell or a solicitation of any offer to buy any security, financial instrument, reinsurance or insurance product.

    Source: Guy Carpenter & Company, LLC

LONDON--(BUSINESS WIRE)-- GLG Partners LP, ("GLG") the FSA-authorised and regulated investment manager, has appointed Sir John Gieve, the former deputy governor of the Bank of England, to be senior advisor.

Sir John will be responsible for providing strategic advice to GLG on macro-economic and wider policy issues, particularly as they have an impact on the financial services sector and the regulatory environment. He joins GLG continuing a distinguished career, including 20 years at HM Treasury and culminating in three years at the Bank of England where he was deputy governor, responsible for financial stability, and an ex officio member of the Monetary Policy Committee.

"Sir John has immense experience of financial markets and monetary policy-making, and of the banking sector more broadly," commented John White, Managing Director of GLG. "His insights will be of great value to our investors and clients at a time when the UK is at a political, regulatory and economic cross-road."

"I am delighted to be joining GLG Partners," said Sir John. "I have been impressed by the quality of the people, the commitment to clients and the strong investment performance of the UK Equity Team."

Sir John spent most of his career at HM Treasury where he was Private Secretary to three Chancellors and rose to head the directorates responsible for the Budget, public services, and financial regulation before becoming Permanent Secretary of the Home Office for five years. He was Deputy Governor of the Bank of England from January 2006 until February 2009.

Sir John will focus primarily on the $2.37bn1 UK Equity business at GLG, run by John White and Jason Mackay. The UK Fund range is comprised of the flagship GLG Alpha Select Fund and three long only Funds: GLG UK Select, GLG UK Growth and GLG UK Income.

Notes to editors

About GLG:

GLG Partners LP is an indirect, wholly-owned subsidiary of GLG Partners Inc, which is a U.S.-listed asset management company offering its base of long-standing prestigious clients a diverse range of alternative and traditional investment products and account management services. GLG's focus is on preserving client's capital and achieving consistent, superior absolute returns with low volatility and low correlations to both the equity and fixed income markets. Since its inception in 1995, GLG has built on the roots of its founders in the private wealth management industry to develop into one of the world's largest and most recognized alternative investment managers with a growing presence in the traditional long-only investment product market. As of September 30, 2009, GLG managed net AUM of $21.6 billion.

1 As at 30st October 2009. Source: GLG Partners

    Source: GLG Partners LP