| December 02, 2008 |  |
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Economic crisis trashes scrap business in China Beijing (AFP) Dec 1, 2008 
Li Xincun did not even know what the financial crisis was until he noticed he could no longer make the same money on the scrap he collects from households around Beijing. "Prices are slumping. This trade is getting harder and harder," said the 45-year-old, dressed in an old blue Mao suit, as he pulled his tricycle along the roads of central Beijing looking for marketable trash. ... read moreWestinghouse To Pursue Nuclear Power Market In India 
Pittsburgh PA (SPX) Dec 02, 2008Westinghouse Electric has announced that its expects its participation in a nuclear-focused trade mission to India next week to be the beginning of a long and mutually rewarding relationship with a wide range of Indian power companies, suppliers and academic institutions. The trade mission, sponsored by the U.S.-India Business Council in cooperation with the Nuclear Energy Institute, begin ... more
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National Wind Solutions Faces The Wind Of Economic Uncertainty
Houston TX (SPX) Dec 02, 2008Reports have begun to surface this week of canceled alternative energy projects including up to $1 Billion in wind power projects. With Wall Street in a panic, credit sources are canceling commitments to build out much needed wind infrastructure in America. After evaluating the status of the economy, NWND has determined to face the wind rather than to turn its back and walk away. It is not ... more Shenzhen power faces huge losses in oil deals: state media 
Shanghai (AFP) Dec 1, 2008Shenzhen-listed Nanshan Power, a state-owned thermal power generator, may lose two million dollars in unauthorized oil derivative deals with a Goldman Sachs subsidiary, state media reported Monday. The losses may widen further if global crude oil prices continue to fall, the official Shanghai Securities News website reported, citing industry sources. The Shenzhen-based company refused to ... more Poland aims for nuclear power plant by 2020: PM 
Poznan, Poland (AFP) Dec 1, 2008Coal-dependent Poland could build a nuclear power station on its territory by 2020, in a drive to switch to a cheap and clean energy source, Prime Minister Donald Tusk said Monday. "Poland wants to make a rapid decision on building a nuclear power plant," Tusk said on the sidelines of a UN climate conference in the western city of Poznan. The "ambitious and absolutely realistic" goal cou ... more  |
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Sanyo to launch new electric hybrid bicycle
Tokyo (AFP) Dec 1, 2008Japan's Sanyo Electric Co. on Monday unveiled a new electric hybrid bicycle that can triple the user's pedal power to make it easier to climb hills. Equipped with a rechargeable lithium-ion battery, the "eneloop bike" takes the crossover between a normal bicycle and a moped one step further, aiming to tap growing interest in tackling global warming. The system harnesses energy from braki ... more Stocks plunge as bad data piles up 
London (AFP) Dec 1, 2008Stock markets in Europe and the United States plunged on Monday, succumbing to a deluge of bad economic data pointing to a severe global slowdown and reversing some of the gains made last week. Share prices fell more than five percent in afternoon trading in Europe after Wall Street opened sharply lower. In midmorning trading, the Dow Jones stood 4.06 percent below its level at the close Fri ... more NASA studies pilot cognition 
Cleveland (UPI) Dec 1, 2008 The U.S. space agency is trying to find an effective way to monitor pilots' brain activity to help stop mishaps caused by stress, fatigue or distraction. The research being conducted at the National Aeronautics and Space Administration's Glenn Research Center involves using functional near infrared spectroscopy and other imaging technology to measure blood flow in the brain's cortex and ... more EU nations agree on car emission cuts 
Brussels (AFP) Dec 1, 2008EU nations on Monday reached a compromise agreement on new rules to cut CO2 emissions from new cars from 2012, a deal swiftly criticised by green groups as being too diluted to be effective. The deal, part of wider EU efforts to tackle global warming, was reached during talks between representatives of the 27 EU nations, the European parliament and the European Commission, following months o ... more |
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