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China car demand eases but long term prospects still strongShanghai (AFP) Aug 8, 2010 China's auto sales are going to roar ahead for the foreseeable future despite signs of cooling demand in the world's largest car market, experts say. After last year's breakneck growth in sales, consumers are holding back as the world's third-largest economy slows down and massive government stimulus measures including car-buying incentives are scaled back, they say. But foreign automakers faced with weak global sales are still confident in the Chinese market, with some boosting production capac ... read more |
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Paris (AFP) Aug 6, 2010ires that are sweeping across Russia threaten to re-release nuclear contamination from the Chernobyl disaster into the air, but not in levels dangerous to human health, experts said Friday. Radioactive cesium 137 from the 1986 explosion of Chernobyl nuclear power plant is locked up in the trees and dead leaves in forests in certain areas of Russia, Ukraine and Belarus, according to Philippe ... more  
Johannesburg, South Africa (UPI) Aug 6, 2010 Since the global recession began two years ago, concerns have been expressed about management compensation of financially strapped companies. Now South Africa's Electricity Supply Commission, Eskom, is facing questions about executive compensation. In the period January to March, Eskom, despite being in financial difficulties, has increased salary and bonus payments to its execu ... more  
Kiev, Ukraine (XNA) Aug 05, 2010Ukraine's state owned company "Yuzhmash" based in eastern city Dnipropetrovsk postponed the delivery of the basic part of the Taurus-II launch vehicle's first stage to a U.S. company, the Ukranian company said in a statement on Tuesday. "For some technical reasons, the delivery date has been put off to September-October," the statement said. The delivery was reportedly scheduled for ... more |
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  Indonesia 'woefully inadequate' on illegal loggers: probe   Oil slick hard to find in Gulf, but impact will last decades   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Russia bans grain exports due to droughtMoscow (AFP) Aug 5, 2010 Russia, the world's third wheat exporter, Thursday banned grain exports for the next four-and-a-half months after a record drought and fires destroyed millions of hectares (acres) of its land. Wheat futures shot up to new two-year highs on commodities markets after the sudden announcement from Prime Minister Vladimir Putin raised concerns about global grain supplies. The ban comes as Russia struggles to contain the worst wildfires in its modern history that have killed 50 people, with the blazes ... read more |
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