Alcoa sells stake and takes US$120m Levy

Shanghai Daily, February 13,2009 on page B1:

Alcoa Inc.,the largest United States alumninum producer, agreed to sell its interest in Rio Tinto Group to Alumninum Corp of China and take a US$120 million charge in the first quarter.

China's largest producer of alumninum, also known as Chinalco, will pay US$1 billion to redeem notes issued to Alcoa last year,New York-based Alcoa said in a statement.

Page A5: News for American musicians : -

The Shanghai Oriental Art Center will hold 13 concerts by 30 musicians from 9 countries from March to December as part of its 2009 Chamber Concedrfts by Promising Artists series.

Upcoming shows will include "The Night of BelCanto" from Canada,"Ensemble Salzburg"from Austria. "The Fidelio Trio" from Ireland, "Trio Mutano" from the Netherlands and a piano recital by Yi Wu. Piano recitals will be given by French pianist Edouard Ferlet,Romain Descharmes and Stephen Kovacevich.

The Shanghai Symphony Orchestra will hold 18 concerts as part of its Symphony Life season this year in the Shanghai Concert Hall,conducted by Russian Vladimir Fedoseyev.

Francis Shieh a.k.a. Xie Shihao with music appreciation in anticipation of American participation apropos of globalization of musicians in Shanghai soon?

February 14,2009 on Valentine's Day with Greetings to Sino-American Economics of Music for understanding humanity.