Based unveils baseball tickets in Lexington, diagnoses Massachusetts and founded in 2003, GI Dynamics is backed bytop-tier investors including Advanced Technology Ventures, Catalyst HealthVentures, Cutlass Capital, Domain Associates, Johnson & Johnson DevelopmentCorporation, and Polaris Venture Partners. For more information, visit GIDynamics online at Pure Communications Inc.Caton Lovett, 910-232-7166orGI DynamicsJonathan Hartmann, 781-357-3300;Copyright Business Wire 2009. By Polly Yam China | Congo HONG KONG, June 26 (Reuters) - Chinese metals conglomerateChinalco is willing to work with Canada's Ivanhoe Mines (IVN.TO)but a meeting between the two firms' chief executives last weekwas preliminary and brought no firm deals, the companies said. "It was a courtesy visit," Chinalco's spokesman Lu Youqingsaid of the meeting between Chinalco president Xiong Weiping andIvanhoe Mines' (IVN.TO) chairman Robert Friedland. Chinalco is trying to rebound from the failure of its $19.5billion investment in Rio Tinto (RIO.AX) and has vowed to seekother investments abroad, focusing on metals at the core of itsstrategy, such as aluminium and copper, rather than iron ore, akey element of the Rio deal.
Ivanhoe is partnered with Rio in Mongolia, where the twofirms have spent years trying to win acceptable terms to startmining their giant Oyu Tolgoi project in Mongolia, billed as theworld's largest untapped copper/gold deposit cubs rooftop . Following the meeting, the Chinese firm said in a statementit was willing to proceed with wide and deep cooperation withIvanhoe . Ivanhoe Group's spokesman Bob Williamson said in an emailedreply to Reuters questions that Friedland's discussions withChinalco representatives covered a wide range of internationaldevelopments, including the major copper discovery in theDemocratic Republic of Congo by Ivanhoe Nickel & Platinum, whichis open to participation by a strategic partner or syndicate . The discussion also included the molybdenum and rheniumdiscovery by Ivanhoe Australia . Lu gave no details of the discussion but said the talk wasnot up to the level that the two companies would set up jointventures. He declined to say whether Chinalco was interested ininvesting in the Mongolian project "We are interested in global (investment)," he said. Williamson wrote: "Ivanhoe Mines already has a leadinginternational miner as the company's strategic partner for thedevelopment of Oyu Tolgoi in Mongolia".
"Rio Tinto made its initial investment in Ivanhoe Mines in2006 and has been actively involved with Ivanhoe since then indiscussions and negotiations with the Mongolian Governmenttoward a final Investment Agreement that will set the stage forfull-scale construction of the planned mining complex." (Editing by James Jukwey) China Congo kansas city royals . TOKYO/FRANKFURT (Reuters) - Possible plans by Volkswagen (VOWG.DE) to cooperate with Suzuki Motor (7269.T) raised an enthusiastic response among investors on Friday, but traders said the main focus at VW remained firmly on Qatar . A spokesman for Suzuki said he had not heard anything about a potential tie-up, while Volkswagen declined to comment.VW shares rose 3.7 percent at 251 euros by 1258 GMT, making them the biggest gainer on Germany's blue-chip index .GDAXI, making.Traders said VW shares, which ended 3.7 percent lower on Thursday after news of the Suzuki tie-up, had regained Wednesday's momentum when they jumped 11 percent after sources said sportscar maker Porsche (PSHG_p.DE) was advancing toward a deal with Qatar to give the Gulf state a shareholding in Volkswagen."It is much more the possible interest from Qatar (that is driving interest in VW) . That's really the story of the day for VW," a Frankfurt-based trader said.Shares of Suzuki, meanwhile, had ended up 5.5 percent at 2,195 yen after rising as much as 7.7 percent to a 10-month high . Tokyo's auto index .ITEQP.T gained 0.3 percent.A possible tie-up would mark the second attempt for Europe's top automaker and Japan's No.4 carmaker, which in 1992 agreed to jointly develop small cars.
That deal ultimately fell through.Cooperation with Suzuki, which dominates Japan's 660cc minivehicle market along with Toyota's Daihatsu Motor Co (7262.T), could yield a new model for VW below the upcoming "New Small Family" range of cars, the source said.EMERGING MARKETSSo far, the ultra-small car market is largely undeveloped outside of Japan kansas city t bones . India's Tata Motors (TAMO.BO) has developed and will launch this year its Nano model, the world's cheapest car, to win new customers for whom cars used to be unaffordable."Volkswagen could benefit from an alliance by increasing its product line-up in the ultra-small car segment .. . Suzuki could benefit from VW's know-how regarding diesel engines," said MM Warburg's Tonn.Suzuki already has a broad range of projects with rivals, including an original equipment manufacturing deal with German brand Opel . It also produces diesel engines using licensed technology from Italy's Fiat (FIA.MI).Suzuki Chief Executive Osamu Suzuki has repeatedly said he would welcome any calls for cooperation, acknowledging that his company lagged in hybrid and other fuel-saving technology.Suzuki has fared much better than its domestic rivals thanks to its focus on the relatively steady 660cc microcar segment in Japan, and its dominance in India, its biggest market.Volkswagen is China's top seller, while Suzuki is No.1 in India through majority-owned Maruti Suzuki India (MRTI.BO).(Additional reporting by Christiaan Hetzner, Tyler Sitte and Mayumi Negishi; Editing by Chris Gallagher and Jon Loades-Carter) Deals Hot Stocks Inflows Outflows China Japan . NEW YORK, NY, Jun 26 (MARKET WIRE) -- BoNa Coffee Holdings Corp (PINKSHEETS: BCHC) announces the opening ofBoNa Coffee Company's Nuvali branch in the E-Services Building, LakesideEvozone, Nuvali, Sta. Rosa, Laguna, this Thursday evening, June 25, 2009.The 110 square meter (1,197 square feet) store is the largest BoNa CoffeeCompany branch to date, and is proud to be an anchor establishment inAyala Land Inc.'s latest development, their 1,000+ hectare city, Nuvali.Ayala Land's Nuvali is poised to be the "Makati of the South," withdesign and architecture compliant to LEED standards, being the firstgreen city in the Philippines. Nuvali houses a combination of upscaleresidential, commercial and business developments.The location, which is a 4-storey building, has a leasable area ofapproximately 12,000 square meters (130,680 square feet), and housesnumerous call centers with populations above 5,000 people.
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