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![]() Toronto, Canada (SPX) Oct 30, 2012 Boeing forecasts that air carriers in North America will take delivery of 7,290 new airplanes over the next 20 years at a market value of $820 billion. Taking retirements of airplanes into account, the North America fleet will grow from 6,650 airplanes today to about 8,830 airplanes by 2031. "The North American commercial aviation market is about to record a third consecutive year of profit, with modest passenger traffic growth," said Randy Tinseth, vice president of Marketing, Boeing Commercial A ... read more |
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![]() Wireless system charges electric vehicles Canadian researchers say they've developed a safe, efficient technology to wirelessly charge electric vehicles using "remote magnetic gears." ... more | .. |
![]() Oil prices drop as hurricane blasts US East Coast Oil prices dropped on Monday as refineries and oil terminals on the US East Coast shut down due to Hurricane Sandy, which bore down on the heavily industrial New Jersey coastline. ... more | .. |
![]() Hurricane Sandy grounds 12,000 US flights More than 12,000 flights have been grounded as Hurricane Sandy thwarted travel up and down the US East Coast Monday with powerful winds and blinding rain that could linger for days. ... more | .. |
Amazon takes on iPad with new Kindle Fire tablet Hong Kong to restrict foreign homebuyers from 2013 US judge OKs partial settlement in e-book case Nordic-Baltic states seek more cooperation Outside View: Jobs outlook grim Empire-style computers? Frenchman takes PCs to lap of luxury Google-Microsoft field smartphones to take on iPhone 5 EU businesses urge China's new leaders to speed reforms |
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![]() China approves Chery-JLR joint auto venture China has approved a joint venture which will see Jaguar Land Rover (JLR) make and sell luxury cars in China in partnership with domestic company Chery Automobile, official media said Monday. ... more | .. |
![]() 'Frankenstorm' disrupts US-bound flights from Britain Thousands of Britons planning to travel to the United States over the school holidays this week faced disruption Monday after Hurricance Sandy forced the cancellation of flights to the US east coast. ... more | .. |
![]() Honda slashes forecast on China territorial spat Honda Motor shares tumbled on Monday after the Japanese automaker warned that its full-year results would be much weaker than forecast, as a trade dispute between Tokyo and Beijing dents sales. ... more | .. |
![]() Crude down in Asia as hurricane threatens US Oil prices fell in Asia Monday as US refineries cut crude production in anticipation of a plunge in energy demand as Hurricane Sandy bore down on the eastern United States, analysts said. ... more |
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![]() Scientists build 'nanobowls' to protect catalysts needed for better biofuel production It may sound like a post-season football game for very tiny players, but the "nanobowl" has nothing to do with sports and everything to do with improving the way biofuels are produced. That's the ho ... more | .. |
![]() Obama shows support for natural gas U.S. President Barack Obama, in a plan for his second term released this week, is touting the economic benefits of natural gas in a way he never did four years ago as a candidate. ... more | .. |
![]() China Southern 3Q profits tumble 29 percent China Southern Airlines, the country's largest airline by fleet size, said Sunday its third quarter net profit fell 29 percent compared to a year earlier due to foreign exchange losses. ... more | .. |
![]() Bulgaria plans to acquire new fighter jets in 2014 Bulgaria will seek to acquire eight new or used fighter jets for its air force in 2014, Defence Minister Anyu Angelov said Friday. ... more |
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![]() Utah oil sands projects gets green light The United States' first commercial oil sands mining project, in Utah, has been approved. ... more | .. |
![]() Oil prices rise on US growth, Hurricane Sandy Oil prices closed higher Friday, lifted by better-than-expected US economic growth in the third quarter and worries about Hurricane Sandy churning toward the heavily populated US east coast. ... more | .. |
![]() Poland must choose between nuclear and shale gas future: utility exec Poland must choose between developing its first nuclear energy plant or pushing ahead with a programme to tap potential shale gas reserves, the head of Polish state-owned utility PGE said on Wednesday. ... more | .. |
![]() Kuwait gripped by growing political crisis Kuwait, a key U.S. ally in the Persian Gulf, is gripped by a deepening political crisis over demands for reforms that the ruling family is doggedly resisting. ... more |
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![]() Nigeria loses billions in oil, gas theft Nigeria is losing an estimated $1 billion a month to oil theft while fraudulent natural gas deals with international oil companies have cost the West African country $29 billion over the past decade, official reports say. ... more | .. |
![]() Boeing-COMAC Technology Center Announces First Biofuel Research Project A newly formed technology center created by Boeing and Commercial Aircraft Corp. of China (COMAC) has announced that Hangzhou Energy Engineering and Technology, Co., Ltd., (HEET) will conduct the ce ... more | .. |
![]() Hawker signs New Zeland King Air deal The New Zealand air force has signed a deal with Hawker Pacific for the lease of four second-hand King Air B200 aircraft for five years. ... more | .. |
![]() Crude higher in Asia on China manufacturing data Oil prices climbed in Asian trade Thursday on data showing a slight pick-up in China's manufacturing sector, but weak US energy demand and eurozone worries capped gains, analysts said. ... more |
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![]() All Canada to benefit from oil sands development: study An influential Canadian business association on Wednesday sought to quell domestic objections over the development of Alberta's oil sands by releasing a study showing country-wide economic benefits. ... more | .. |
![]() Oil prices rebound on upbeat Chinese manufacturing data Oil prices rebounded slightly on Wednesday, with sentiment boosted by upbeat data from top global energy consumer China, ahead of new economic figures from the United States. ... more | .. |
![]() Iraq to pay $500 mn airline settlement by mid-2013: Kuwait Kuwait said on Wednesday that Iraq will complete payment of a $500 million settlement of an airline dispute between the two nations by the middle of next year. ... more | .. |
![]() Yanukovych: Expects 'fair' gas price Ukraine expects to eventually negotiate a "fair" price for its imports of Russian natural gas, Ukrainian President Viktor Yanukovych said this week. ... more |
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![]() Serbia marks opening of new biogas plant Serbian efforts to produce renewable energy from agricultural waste marked a milestone over the weekend with the opening of a $7.2 million biogas plant. ... more | .. |
![]() WTO appoints panel to probe China-US auto dispute The World Trade Organization on Tuesday established a panel of experts to investigate a complaint by the United States over Chinese duties on auto imports. ... more | .. |
![]() Lubricants from vegetable oil Oil-independence is the dream of many countries that lack raw materials. Nevertheless, black gold still retains its dominant role as a power source, and also serves as a basic material for the chemi ... more | .. |
![]() Large-scale production of biofuels made from algae poses sustainability concerns Scaling up the production of biofuels made from algae to meet at least 5 percent - approximately 39 billion liters - of U.S. transportation fuel needs would place unsustainable demands on energy, wa ... more |
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![]() Maker of London taxis falls into administration The company that makes London's iconic black taxis collapsed into administration on Monday but was hopeful of receiving a financial rescue amid reports of a possible Chinese lifeline. ... more | .. |
![]() Embraer delivers Super Tucano aircraft to Mauritania Brazil's top planemaker Embraer said Monday it has delivered an undisclosed number of its A-29 Super Tucano light attack aircraft to the Mauritanian Air Force. ... more | .. |
![]() Oil prices extend losses Oil prices fell further on Monday in the wake of sharp pre-weekend losses, as investors balanced poor Japanese export data against Middle East unrest. ... more | .. |
![]() Australia begins shale production Australian oil and gas company Santos Ltd. has launched the country's first commercial shale gas well in the Cooper Basin in South Australia. ... more |
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