| May 21, 2009 | ![]() |
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China loses low-cost manufacturing crown to India, Mexico: study Shanghai (AFP) May 20, 2009
China has lost its position as the world's lowest-cost components manufacturer to India and Mexico, a study indicated Wednesday, in a blow for the Asian giant as it fights the financial crisis. The United States has also significantly closed the gap to the degree that China's total manufacturing costs are now only six percent below those of American factories, the study by AlixPartners busi ... read moreThe US Leads Global Ethanol Consumption
Menlo Park CA (SPX) May 21, 2009Global demand for ethanol is predicted to increase annually by 9.3% over next 5 years. The United States is the largest consumer using 50% of the world's supply, largely due to mandated production levels specified by legislation. SRIC Consulting (SRIC) has published its 2009 Ethanol report, which studies the most recent market and regulatory developments to clarify the position and directi ... more
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Profits at China's state-owned companies down sharply: govt
Beijing (AFP) May 20, 2009China's state-owned firms saw their profits fall sharply in the first four months, the government said Wednesday, in yet another sign the Chinese economy continued to suffer from the global crisis. State-owned enterprises across the country made 323.6 billion yuan (47.4 billion dollars) in profit from January to April, down 32.3 percent from the same period of 2008, said a statement posted ... more Outside View: We have met the enemy
Washington (UPI) May 20, 2009 Of all the emerging threats we may face, the wolf closest to or already in the sled is here at home. It is, to repeat that childishly effective phrase of the 1992 presidential election, the economy stupid! Despite a rebound in the stock markets and expectations of "green shoots" of recovery, the economy is still in ill-health. What we are seeing is the movement of the economy into the eye of ... more China's Wen urges EU to ease high-tech export limits
Prague (AFP) May 20, 2009Chinese Premier Wen Jiabao called on the European Union on Wednesday to ease limits on exports of high-tech goods at an EU summit in Prague. "We hope that the European Union will relax its restrictions on the export of high-tech products to China and foster new growth areas in our business cooperation," he told journalists after the summit. He also reiterated Beijing's long-standing hope ... more Development Of Solar-Powered Pasteurization System In Peru
Troy NY (SPX) May 21, 2009A team of students from Rensselaer Polytechnic Institute will be spending part of the summer designing and starting to build solar-powered pasteurization systems for communities in rural Peru. The group of engineers, led by Assistant Professor Lupita D. Montoya, was one of four student teams nationally to win a highly competitive Summer Engineering Experience in Development (SEED) grant ... more |
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Strong Support For ConocoPhillips Oil Sands Proposal
Boston MA (SPX) May 21, 2009ConocoPhillips shareholders demonstrated even stronger support this year than last for a shareholder proposal calling for the company to fully account for the environmental impact of its tar sands operations. Over thirty percent (30.54%) of shareholders voted in support, compare to last year's vote of 27.5%. The "yes" vote represented approximately $12.8 billion in share value. Shareholder ... more ReneSola To Pioneer Zhejiang Province's First BIPV Project
Jiashan, China (SPX) May 21, 2009ReneSola has announced that it has obtained approval from Zhejiang's provincial government to pioneer a five megawatt building integrated photovoltaic rooftop project in China's Zhejiang province. The BIPV rooftop project has a total planned area of 80,400 square meters on several government buildings in Jiashan County, Zhejiang province and is subject to final approval by the Ministries ... more Obama approves UAE civil nuclear deal
Washington (AFP) May 20, 2009US President Barack Obama on Thursday approved a civilian nuclear deal with the United Arab Emirates (UAE), which some observers see as striking a contrast with Iran's defiant nuclear drive. Obama sent the deal, negotiated by the previous Bush administration to Congress, which must now decide within 90 days whether to block the pact, which provides for US-UAE cooperation on peaceful uses of ... more |
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AALTO plans Zephyr stratospheric hub in northern Australia and seeks local payload partners
Ancient guano drove Chincha coastal power
UAH lands first DARPA award for biological sciences department |
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