Australian Farmers Struggling to Finish Harvest

From Northern Queensland to the deep south of the continent, Australian crop farmers are struggling with fickle weather conditions and locusts, making it frustratingly slow to get their crop in, and an in many cases, maintaining the quality that the 2010 season has so long promised. Compared to the drought ravaged  period over the last … Read more Australian Farmers Struggling to Finish Harvest

Lebanon PM, Saad Hariri, at Union of Arab Banks Conference

The Union of Arab Banks wrapped up its conference in Beirut on Friday 26th November 2010 after hearing from eminent speakers such as the Prime Minister of Lebanon, Saad Hariri, and the Prime Minister of Turkey, Recep Tayyib Erdogan. The agenda included methods for Arab banking to better integrate with the international banking sector, the … Read more Lebanon PM, Saad Hariri, at Union of Arab Banks Conference

Yahoo! Shopping Predicts Top Gifts for Holiday Season

Yahoo! Shopping has unvealed its predictions for the most popular gifts in the USA over the “holiday season” which traditionally begins with Thanksgiving at the end of November and continues through to Christmas and the New Year. Yahoo! Shopping predicts the following items to be the best sellers for 2010: iPads iPhones and Motorola Droid … Read more Yahoo! Shopping Predicts Top Gifts for Holiday Season

Façonnable Launches European E-Commerce Shop

Veteran clothing brand Façonnable has launched its European e-commerce operations with an online boutique full of trademark conservative pieces. Façonnable is privately owned by M1 Group and appointed Lance Isham as CEO of Façonnable from June 1st 2010. Mr Isham is the former COO of Ralph Lauren and was partially responsible for its restructure. Both … Read more Façonnable Launches European E-Commerce Shop

Energy: Nord Pool Spot Wins Energy Transparency Award 2010

Nord Pool Spot was awarded the Energy Transparency Award 2010 on 17th November 2010 from the Florence School of Regulation at the European University Institute. Eight criteria were laid down in the ETA Rules: effectiveness, efficiency, reproducibility, innovation, simplicity of design and implementation, responsiveness to users’ needs, leverage and contribution to market oversight improvement. The … Read more Energy: Nord Pool Spot Wins Energy Transparency Award 2010

Airbus to Replace “Around 40” A380 Rolls Royce Engines

As many as 40 Rolls Royce engines on Airbus A380 planes may need replacing, according to Qantas chief executive, Alan Joyce. Speaking to journalists in Sydney, Mr Joyce said “We’ve been talking to Airbus and Rolls-Royce and we understand that the number is around 40 [engines to be replaced]… We’ll have a daily dialogue with … Read more Airbus to Replace “Around 40” A380 Rolls Royce Engines

Renewable Energy: Jet Fuel from Recycled Waste Gases

LanzaTech and Pacific Northwest National Laboratory (PNNL) have agreed a cooperative research and development agreement (CRADA), which has been given final approval by the United States Department of Energy (DOE), to develop jet fuel from waste gases created in the steel industry. The first phase of the CRDA work will be done over  one year. … Read more Renewable Energy: Jet Fuel from Recycled Waste Gases

Internet: Facebook to Launch Gmail Rival

According to rumours, the popular social networking website, Facebook, is currently developing a web based mail application which is currently being called Project Titan. Project Titan, it is claimed, will become a serious rival to free mail services such as Google’s Gmail, Yahoo Mail and Microsoft’s long standing free email service, Hotmail. With over 500 … Read more Internet: Facebook to Launch Gmail Rival

Australia: Shell Prelude LNG Project gets Federal Approval

Shell’s Prelude floating LNG facility in the Browse Basin off the coast of Western Australia received federal approval on November 12th 2010. Federal environment minister Tony Burke said: “While there are significant economic benefits to these projects, which must be a consideration in my decision, my focus has been on protecting environmental matters.” The Project … Read more Australia: Shell Prelude LNG Project gets Federal Approval

Barclays Plc Q3 Results 2010: Performance Summary

Barclays Plc have announced Q3 results with a conference taking place on the morning of Tuesday 9th November to discuss the figures. The performance summary as published by Barclays is as follows: • Group profit before tax for the year-to-date of £4,274m up 4% (2009: £4,107m) • Profit before tax for Q3 excluding own credit … Read more Barclays Plc Q3 Results 2010: Performance Summary

Report Calls for Debate on the role of Markets in Society

In a working paper for the Robert Schuman Centre for Advanced Studies at the European University Institute, Dorothy Bohle, Head of Political Science at the Central European University, called for a refreshed debate on the place of the markets in determining the fate of citizens and countries following the bail-out of Greece, recession and the … Read more Report Calls for Debate on the role of Markets in Society

China: Three Gorges Dam Reaches Historic High

The three gorges dam on the Yangtze river in Yichang, China, has reached a historic high of 175 metres on Tuesday 26th October at 9am, extending the navigable course of the reservoir by 150km and allowing authorities to generate 84.7 billion kwh of electricity per year. A policy of raising water levels began in September … Read more China: Three Gorges Dam Reaches Historic High

Nissan & Renault Sign Electric Car Deal with Northern Ireland Government

Northern Ireland moved closer to a full electric vehicle infrastructure on Monday 25th October with the signing of a Memorandum of Understanding between the Department for Regional Development (DRD), Department of Environment (DOE) and the Renault-Nissan Alliance. DRD and DOE also agreed to consider incentives to make electric vehicles easier for customers to buy and … Read more Nissan & Renault Sign Electric Car Deal with Northern Ireland Government

Business: Baidu Launches Shopping Service “Lekutian”

Baidu Inc (Nasdaq: BIDU), the top Chinese search engine, and Rakuten Inc (JASDAQ 4755), Japan’s largest e-commerce company, launched a comprehensive online shopping service called “Lekutian” on 19th October 2010. In January 2010, Rakuten and Baidu announced their intention to jointly invest US$50 million over three years to build a new Chinese online retail destination. … Read more Business: Baidu Launches Shopping Service “Lekutian”

Business: Thales Australia wins HMAS Newcastle Repair Contract

Thales Australia, part of the Thales Group (NYSE Euronext Paris: HO), has won the contract for scheduled repair and maintenance of HMAS Newcastle from the Defence Materiel Organisation. The contract is worth approximately $8.7 million and is anticipated to involve 100 Thales personnel with further support from subcontractors. Thales Group operates in 50 countries and … Read more Business: Thales Australia wins HMAS Newcastle Repair Contract