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BUSINESS

Australian engineers patent thermal energy storage 'block'

Business, Reuters, Published on 29/10/2021

» NEWCASTLE, Australia: A team of engineers at Australia's University of Newcastle has patented a material designed to store thermal energy in the form of a block, which its inventors hope can be used to ease the transition away from coal-fired power.

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BUSINESS

China's iSpace launches satellites into orbit

Business, Reuters, Published on 26/07/2019

» BEIJING: A rocket developed by iSpace put satellites into orbit after a launch from a state facility in northwestern China yesterday, marking the first successful orbital launch by a privately funded Chinese firm.

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BUSINESS

1,450 evacuated after London gas leak

Reuters, Published on 23/01/2018

» LONDON: The Charing Cross station was closed early on Tuesday morning due to a "large" gas leak in a nearby area, rail operators and the fire brigade said, prompting the police to evacuate hundreds of people from a hotel and a nightclub.

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BUSINESS

Bitcoin slides 14% on crackdown fears

Reuters, Published on 16/01/2018

» LONDON: Bitcoin slid as much as 14% on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South Korea's finance minister had said banning trading in cryptocurrencies was still an option.

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BUSINESS

GE to cut 12,000 jobs in power business revamp

Reuters, Published on 07/12/2017

» ZURICH: General Electric Co is axing 12,000 jobs at its global power business, the struggling industrial conglomerate's latest effort to shrink itself into a more focused company.

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BUSINESS

Real Madrid adds lustre to China's answer to Florida's Orlando

Business, Reuters, Published on 19/09/2017

» HENGQIN, China: Just a stone's throw across a narrow waterway from the world's largest gambling hub Macau, a former oyster farming island is being transformed into China's newest tourism haven.

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BUSINESS

India eyes remote ATC towers for airports

Business, Reuters, Published on 25/08/2017

» NEW DELHI: India is considering setting up remote air traffic control (ATC) towers to cut costs and overcome labour shortages as Prime Minister Narendra Modi looks to open dozens of regional airports to boost air travel.

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BUSINESS

Flying water taxis highlight startup frustrations

Business, Reuters, Published on 25/08/2017

» PARIS: French yachtsman Alain Thebault wants to turn a boat design he used to break a world speed sailing record in 2009 into a clean, fast taxi service for the waterways of major cities.

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BUSINESS

Bangkok hostel offers prison experience

Reuters, Published on 17/08/2017

» With its narrow rooms, metal bars and bunk beds, Bangkok's first prison-themed hostel promises the look and feel of a real jail in the bustling Thai capital.

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BUSINESS

Eclipse chasers put small US towns on the map

Business, Reuters, Published on 20/07/2017

» Driggs, Idaho: Hyrum Johnson, mayor of the tiny city of Driggs, Idaho, expects some craziness in his one-stoplight town next month when the moon passes in front of the sun for the first total solar eclipse in the lower 48 US states since 1979.