October 23, 2007 | ![]() |
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Bear Stearns, China's CITIC Securities forge alliance![]() US investment bank and brokerage Bear Stearns and China's CITIC Securities Co. Ltd announced a strategic alliance Monday in a deal involving investments of at least two billion dollars. Under its terms, the two securities firms will seek new business opportunities in China's rapidly-growing economy while forging a joint venture company to combine their existing businesses operations across A ... more Beijing's population to hit 20 million by 2020: report ![]() Beijing's population will hit the 20 million mark by 2020 as millions of migrants looking for work flood into the capital, an academic report said Monday. The increase is entirely down to people moving here from rural areas because growth due to birth rate has stood at zero for the past five years, according to the study by Peking University's Institute of Population Research. Beijing's ... more Wind-fuelled wildfires rage across tinder-dry California ![]() Wind-whipped wildfires raged across California on Monday, sparking mass evacuations and besieging thousands of homes and buildings from Los Angeles to the Mexican border. At least 10 fires were blazing throughout southern California with thousands of firefighters struggling to contain flames that have ripped through tinder-try hillsides and parkland following months of record-low rainfalls. ... more Walker's World: CHIMEA, the new growth hub ![]() Amid all the financial troubles of the last three months, the emergent economies led by China and India have done well, but in few places has the news been better or more welcome than that from Africa. The world focuses intently on the tragedies of Darfur and Zimbabwe, but the striking economic achievements of Ghana and Tanzania and the impressive strides into world markets made by Sout ... more China blocks US request for WTO panel on film, music imports ![]() China on Monday blocked a US request for the World Trade Organisation (WTO) to rule on a complaint that Beijing restricts the import of cultural goods such as books, music and DVDs. The US asked that the complaint be investigated by the WTO's Dispute Settlement Body but China blocked the move, as it is allowed to do under the global trade body's rules. However, should the US renew its re ... more |
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![]() ![]() Evidence of early humans living on the coast in South Africa, harvesting food from the sea, employing complex bladelet tools and using red pigments in symbolic behavior 164,000 years ago, far earlier than previously documented, is being reported in the Oct. 18 issue of the journal Nature. The international team of researchers reporting the findings include Curtis Marean, a paleoanthropologist wi ... more Life's Early Vision ![]() By peering deep into evolutionary history, scientists have discovered the origins of photosensitivity in animals: vision genes called opsins that first appeared in the aquatic animal species Hydra magnipapillata. The hydras have no eyes or light-receptive organs, but they have the genetic pathways to be able to sense light. The research provides a glimpse into the evolutionary history of life on ... more Cluster Monitors Convection Cells Over The Polar Caps ![]() Two papers published in February and July 2007 in Annales Geophysicae have shed new light on the dynamics of convection cells of matter, found at hundreds kilometres altitude over the polar caps. The pattern of these convection cells is intimately linked to the response of the Earth's magnetic environment to solar activity. Six years of data collected in space by the four spacecraft of the Clust ... more Space Sensors Shed New Light On Air Quality ![]() Air pollution is becoming one of the biggest dangers for the future of the planet, causing premature deaths of humans and damaging flora and fauna. With their vantage point from space, satellites are the only way to carry out effective global measurements of air-polluting emissions and their transboundary movement. Scientists and researchers from around the world gathered at ESRIN, ESA's E ... more Fault Movement Continues Since 2004 Asian Tsunami ![]() Researchers say ongoing uplift following the 2004 Great Sumatra-Andaman Earthquake, which triggered massive tsunamis the day after Christmas, is caused by continuing slip on the quake fault. "Parts of the Andaman Islands subsided, or rose, by up to a yard during the earthquake," said Utah State University geophysicist Tony Lowry who, along with colleagues in Tennessee, Colorado and India, has mo ... more |
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![]() ![]() What do the countries of Thailand, Uruguay and Ghana have in common? They all could become leading producers of the emerging renewable fuel known as biodiesel, says a study from the University of Wisconsin-Madison Nelson Institute for Environmental Studies. The ease of manufacturing biodiesel from vegetable oils and animal fats has made it one of the most promising, near-term alternatives to fos ... more Pitt Professor Says Harmful Byproducts Of Fossil Fuels Could Be Higher In Urban Areas ![]() Nitrogen oxides, the noxious byproduct of burning fossil fuels that can return to Earth in rain and snow as harmful nitrate, could taint urban water supplies and roadside waterways more than scientists and regulators realize, according to research published Oct. 20 in the online edition of the journal Environmental Science and Technology. The three-year study, led by Emily Elliott, a profe ... more GKN Aerospace And FMW Composite Systems Combine For First Use Of TMMC Material On A Commercial Aircraft Programme ![]() GKN Aerospace has been awarded a contract by Boeing to develop and supply advanced titanium metal matrix composite (TMMC) thrust links for the Boeing 787. This represents the first use of TMMC in a commercial application. TMMC is an advanced engineered material consisting of silicon carbide fibre and titanium powder that has been diffusion bonded. This creates a hybrid material that is stiffer a ... more Ukraine Settles Gas Debts In Line With Agreements ![]() Ukrainian consumers are settling debts for supplies of Russian natural gas in line with agreements, Russian energy giant Gazprom said Monday. Gazprom CEO Alexei Miller met Monday with Ukrainian Fuel and Energy Minister Yuriy Boiko, after Gazprom agreed with Ukraine two weeks ago on settling the country's gas debt following a week-long dispute. "The sides discussed the question of [natural] ... more US sanctions Against Iran Could Threaten LUKoil Project ![]() Russia's largest independent crude producer LUKoil said on Monday that possible U.S. sanctions against Iran could threaten the company's Anaran oil project in the Islamic Republic. The Anaran project is a joint undertaking involving Norwegian Norsk Hydro (75%) and LUKoil Overseas (25%). The Anaran oil block has oil reserves of 2 billion barrels. LUKoil said that as its investments in the p ... more
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