| January 21, 2009 |  |
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Spain's Iberdrola, Britain's SSE plan nuclear joint venture Madrid (AFP) Jan 20, 2009 
Spain's Iberdrola and Britain's Scottish and Southern Energy (SSE) will join forces to build new nuclear power stations in Britain, a spokesman for the Spanish firm said Tuesday. The two firms will create a joint venture which will compete for contracts to build nuclear power station in Britain, he told AFP. Britain approved the construction of a new generation of nuclear plants last Jan ... read moreMore than 550,000 Chinese laid off by credit crisis in Q4: govt 
Beijing (AFP) Jan 20, 2009More than half a million Chinese people were thrown out of work in the last three months of 2008 as the impact of the global financial crisis deepened, the government said Tuesday. As of December 31, 8.86 million urban residents were registered as jobless, up 560,000 from the end of the third quarter, ministry of human resources spokesman Yin Chengji told a press conference. "It shows th ... more
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Hong Kong's economic growth spluttering on filthy air
Hong Kong (AFP) Jan 20, 2009When Teena Goulet moved to Hong Kong in 1995 she thought she would never leave but five years after moving here, the keen outdoorswoman developed a chronic cough. For someone who spent all her spare time outside -- hiking, dragon boating, rowing -- health was a major concern and after being diagnosed with adult onset asthma, Goulet, 45, decided last year to leave. "It is just so vibrant ... more Hong Kong MTR company wins Stockholm subway contract 
Stockholm (AFP) Jan 20, 2009Hong Kong's subway operator, the MTR, has won a 1.9-billion-euro (2.45-billion-dollar) eight-year contract to run the Stockholm Metro, Stockholm Public Transport (SL) said Tuesday. "In competition with five other bidders, the Hong Kong based company MTR has won the right to operate the Stockholm Metro for the next eight years," SL said in a statement. MTR beat out the current operator ... more China's Wen warns of tough economic year ahead: state media 
Beijing (AFP) Jan 20, 2009Chinese Premier Wen Jiabao has warned the nation's economy faces the toughest year since 2000, pledging a range of measures aimed at curbing the downturn, state media said Tuesday. "This year is the most difficult year for China's economic development so far this century," Wen told a meeting of the State Council, or cabinet, held on Monday, the Xinhua news agency reported. "We must turn ... more  |
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Smart Lighting: New LED Drops The Droop
Troy NY (SPX) Jan 21, 2009Researchers at Rensselaer Polytechnic Institute have developed and demonstrated a new type of light emitting diode with significantly improved lighting performance and energy efficiency. The new polarization-matched LED, developed in collaboration with Samsung Electro-Mechanics, exhibits an 18 percent increase in light output and a 22 percent increase in wall-plug efficiency, which ... more WTO to rule on China complaint against US trade probes: source 
Geneva (AFP) Jan 20, 2009The World Trade Organization on Tuesday formed a panel to rule on a complaint by China that US anti-dumping measures on certain Chinese-made products violate trade rules, a source said. "The panel has been established," a trade source said after a meeting of the WTO's Dispute Settlement Body. China claims that anti-dumping investigations undertaken on some steel pipes, tyres and laminate ... more Sun could supply Gulf's day-time energy needs: industrialists 
Abu Dhabi (AFP) Jan 20, 2009Oil-rich Gulf Arab states enjoy year-round sunshine but they remain slow in adopting environmental technologies to let them harvest their abundant solar power, industrialists said Tuesday. "They should act, instead of talking about it," said Stefan Muller, the managing director of Asia Pacific region at Conergy, the German producer of solar and wind power technologies, who is promoting his ... more China's CNOOC to defy low oil price and boost production in 2009 
Hong Kong (AFP) Jan 20, 2009China's largest listed offshore oil and gas producer CNOOC Ltd on Tuesday said it would boost production by up to 18 percent this year, driven by new output from wells in Nigeria and Indonesia. The firm is aiming for production of 225 million-231 million barrels of oil equivalent this year, up from 194 million-196 million in 2008, it said in a statement. CNOOC said it also planned to inc ... more |
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