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) Genes Responsible For Sleepy Feelings
Genes responsible for our 24 hour body clock influence not only the timing of sleep, but also appear to be central to the actual restorative process of sleep, according to research published in the online open access journal BMC Neuroscience. The study identified changes in the brain that lead to the increased desire and need for sleep during time spent awake.
"We still do not know why we benefit from sleep, or why we feel tired when we are 'lacking' sleep, but it seems likely that sleep serves some basic biological function for the brain such as energy restoration for brain cells or memory consolidation." Explains Dr Bruce O'Hara of the University of Kentucky, one of the neuroscientists who conducted the research. "We have found that clock gene expression in the brain is highly correlated to the build-up of sleep debt, while previous findings have linked these genes to energy metabolism. More>> - (
) Danske Bank States Germany Has Become Better Business Location
(RTTNews) - Danske Bank released a report Thursday, stating that Germany has become a better-quality business location, its export industry is humming, and new jobs are being created. But the analysts commented that it is far from certain that this dynamic can be sustained given still serious impediments to growth.While government policies have bolstered the upswing, Danske Bank commented, they have done little to strengthen the forces driving growth. A dent in global economic activity would leave the positive trends hanging in the balance, they said.
They wrote, "The refocus on higher quality and new financing structures is still at a very early stage. A more stringent debt rule for general government is the most important, meaningful objective of federalism reform. More>>
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) Deutsche Boerse Plans to Cut Costs, Buy Back Shares (Update2)
Sept. 17 (Bloomberg) -- Deutsche Boerse AG, the operator of the Frankfurt stock exchange, said it plans to cut costs by 100 million euros ($139 million) a year as part of its ``efficiency program.''Costs should fall to 1.13 billion euros in 2008 from an estimated 1.2 billion euros this year, excluding a charge of 50 million euros for the program, the Frankfurt-based company said in a statement today. The ``full potential'' of the program will be realized from 2010, it said, without giving further details.
Deutsche Boerse also revised its plans to pay for the acquisition of New York-based International Securities Exchange Holdings Inc. It will issue 1.5 billion euros in long-term debt and hybrid bonds to fund the deal, about 200 million euros more than originally planned. More>>
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) (AFX UK Focus) 2007-09-17 14:59 GMT: Deutsche Boerse launches 100 mln eur/yr saving program, 300 mln eur shr buyback
FRANKFURT (Thomson Financial) - Deutsche Boerse AG said it has decided to implement an efficiency programme targeting savings of 100 mln eur per year to become fully effective in 2010. Along with the programme, the German exchange operator said it will resume its share buyback program and plans to buyback a total of around 300 mln eur worth of its own shares by the end of the year, including 100 mln shares currently held by the company in treasury.
In addition, Deutsche Boerse said it has decided on a revised financing concept for the acquisition of the US-based International Securities Exchange. Based on this revised financing concept, the company plans to issue some 1.5 bln eur in long-term debt and hybrid bonds, compared to 1.3 bln eur under the initial structure.
The company said its cost-cutting programme will achieve the full potential of savings from 2010 onwards. More>>