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Google case shows difficulties of China presence: analystsBeijing (AFP) Jan 13, 2010 Google's threat to pull out of China is evidence of the difficulties faced by foreign firms operating in the land of the "Great Firewall", and could signal a tougher government line, analysts say. The announcement that the US Internet giant might forego operations in the country with the world's largest online population might just be good business, as it has never matched up to its Chinese rivals on the mainland, they say. "This is a very politically charged environment," Duncan Clark, an analyst at Beijing-based high-tech consultancy BDA, told AFP. ... read more |
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Baidu shares surge as Google threatens to quit China
Shanghai (AFP) Jan 13, 2010Shares in China's top search engine Baidu surged in after-hours trading Wednesday after Google vowed to defy China's Internet censors and threatened to pull out of the country. The Nasdaq-listed Baidu surged to 413.52 dollars per share in after-hours trade at 0100 GMT, up 6.99 percent from Tuesday's market close of 386.49 dollars in New York. The Chinese company declined to comment on Go ... more Areva seeks to raise capital: CEO
Paris (AFP) Jan 13, 2010The head of French nuclear energy giant Areva said Wednesday the state-controlled company needed more capital and that discussions had begun with strategic investors. Areva chief executive Anne Lauvergeon told the French parliament's committee on sustainable development that the discussions on capitalisation had reached the "state level." "We are in talks with a certain number of strateg ... more Rio Tinto spy case awaits trial decision
Beijing (UPI) Jan 13, 2009 A Chinese official has said the industrial espionage case against four employees of Rio Tinto will be handled fairly and according to strict legal practices. Police have concluded their five-month investigation into the activities of the men, including an Australian national, and handed the case to the Shanghai public prosecutors to decide if the men have a case to answer. If so, they ... more |
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![]() India launches National Solar Mission ![]() Google defies China, risks banishment over cyber attacks ![]() Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Bulgarian nuclear reactor plugged back into electricity grid
Sofia (AFP) Jan 13, 2010One of two reactors at Bulgaria's nuclear plant at Kozloduy has been plugged back into the electricity grid after being shut down for maintenance last week, the plant's operators said Wednesday. During the planned repair work on the 1,000-megawatt reactor, a faulty valve regulating steam into the reactor turbine was replaced, the plant's operators said in a statement. Three imilar valves ... more Solar Car Benefits From Stahlin Enclosures
University Park MI (SPX) Jan 14, 2010The University of Michigan's Solar Car Infinium has successfully completed the World Solar Challenge finishing in third place. The team crossed the finish line in Adelaide, Australia cruising in at almost 110kp. In addition, the team also received the Technical Innovation Award. The award is presented by the Australian Research Institute CSIRO, and is awarded to the team that pushes the ... more France cuts, Germany debates solar support
Paris (UPI) Jan 13, 2009 France Wednesday slashed subsidies for solar power by 24 percent, with Germany expected to announce cuts later this week, as both governments aim to deter massive speculation by the industry. The French Energy Ministry said electricity from rooftop solar panels will now be fed into the grid for $0.61 per kilowatt hour, down from the $0.80 rate set in 2006. Germany is also expecte ... more |
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![]() Google's China move puts pressure on other US tech giants ![]() White House backs 'free Internet' in Google-China dispute ![]() Carmanah Establishes Middle East Manufacturing Partnership |
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