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BP shares plunge over 9 percent on oil spill fearsLondon (AFP) June 14, 2010 BP shares plunged more than nine percent on Monday as investors fretted over the spiralling cost of the Gulf Mexico oil spill crisis and the future of the group's shareholder dividend. BP's share price tumbled to 355 pence amid mounting pressure from US President Barack Obama over the group's handling of the worst-ever environmental disaster in US history. Visiting spill-hit areas, Obama said he hoped for an outline deal with BP by Wednesday on a multi-billion dollar fund for oil disaster victim ... read more |
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Washington (AFP) June 14, 2010BP may have taken dangerous "shortcuts" in the "days and hours" before a deadly blast that led to the disastrous Gulf of Mexico oil spill, key lawmakers investigating the catastrophe charged Monday. "BP appears to have made multiple decisions for economic reasons that increased the danger of a catastrophic well failure," Representatives Henry Waxman and Bart Stupak said in a letter to BP chi ... more  
Hong Kong (AFP) June 14, 2010A Chinese wind turbine-maker confirmed Monday that it has axed a 1.2 billion-US-dollar share sale in Hong Kong due to "excessive market volatility", the latest in a series of ditched listings. Xinjiang Goldwind Science and Technology said it would be "inadvisable" to press on with the listing on June 22, in what was billed as the city's second-largest initial public offering (IPO) this year ... more  
Washington DC (SPX) Jun 15, 2010A new type of baker's yeast (Saccharomyces cerevisiae) has been developed which can efficiently ferment pentose sugars, as found in agricultural waste and hardwoods. Researchers writing in BioMed Central's open access journal Biotechnology for Biofuels describe the creation of the new S. cerevisiae strain, TMB3130, which demonstrated significantly improved aerobic growth rate and final bio ... more |
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  Walls Falling Faster For Solid-State Memory   AirShow China expecting robots, acrobatics   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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New Japan PM to visit ChinaBeijing (AFP) June 13, 2010 Japan's new Prime Minister Naoto Kan on Sunday accepted an invitation from his counterpart in Beijing to visit China, during a telephone conversation that also touched on North Korea. Chinese Premier Wen Jiabao invited the Japanese prime minister to visit at a "time of convenience," China's state Xinhua news agency said, adding the two men had also discussed the situation on the Korean peninsula. The report gave no further details of what they said regarding events on the Korean peninsula, but J ... read more |
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