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Speculation swirls over ICBC's reported Cathay bid: mediaTaipei (AFP) Dec 3, 2009 Taiwan's financial regulator on Thursday refused to comment on reports that Industrial and Commercial Bank of China plans to acquire a stake in the island's leading bank. Taiwanese media reported that Cathay Financial Holdings had been in talks with Industrial and Commercial Bank of China to sell a 20 percent stake for up to 3.0 billion US dollars. Taiwan's existing law bans Chinese firm ... read more |
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Reichsoffen, France (AFP) Dec 3, 2009French Prime Minister Francois Fillon on Thursday hit back at charges of economic nationalism sparked by the sale of a major division of nuclear giant Areva to two French firms. State-controlled Areva plans to sell its power transmission and distribution network to Alstom and Schneider Electric, having rejected bids from Japanese and US firms. "I read in the press that we were are being ... more  
Geneva (AFP) Dec 3, 2009The prototype of Solar Impulse, a pioneering Swiss bid to fly around the world on solar power, briefly took off for the first time on Thursday but under battery power, the organisers said. The high tech single-seater with the wingspan of an Airbus A340 airliner (63.40 metres) made a controlled 400 metre (yard) flight about one metre above the runway at Duebendorf air base near the Swiss city ... more  
The Hague (AFP) Dec 3, 2009Oil giant Anglo-Dutch Shell and its Nigerian subsidiary went on trial before a civil court here Thursday for a pipeline leak in 2005 alleged to have caused widespread environmental and social damage. "The crude oil which poured for days from the pipeline damaged the environment, destroyed crops and made fishing impossible," said Michel Uiterwaal, lawyer for the Friends of the Earth Netherlan ... more |
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  Green cars to get Copenhagen boost  China solar panel makers see boost from Copenhagen  Climate fears over India's middle class-driven car boom |
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Baghdad (UPI) Dec 3, 2009 France's Total and Japan's Nippon Oil are seen as front-runners to secure development rights to some of the 10 Iraqi oil fields up for auction in Baghdad next week that the government hopes will triple oil production and restore the crisis-torn country's fortunes. Underlining Baghdad's expectations that allowing foreign oil giants to return to Iraq will revive the country's rundown oil ... more  
Beijing (AFP) Dec 3, 2009Foreign firms and individuals will be allowed to form partnerships in China under new rules that legal experts say will make it easier for overseas investors to set up in the country. The State Council, or cabinet, said the new rules will reduce bureaucratic red tape for foreigners wanting to start a business in China. Lawyers said the rules would mostly benefit foreign companies in the ... more  
Huntsville, Ala. (UPI) Dec 1, 2009 A new laser weapon mounted on an Avenger combat vehicle has gone through successful tests to enable the armed forces to destroy improvised explosive devices from a safe distance. The Boeing Co., which is developing the weapon, said Tuesday Boeing and the U.S. Army successfully completed a test in which the mounted laser system destroyed 50 IEDs similar to the makeshift bombs used by ... more |
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 Mid-infrared 100-watt-level laser created   Philippines says storm damage tops four billion dollars   Russia calls for cooperation with US on European security |
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