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 Thailand
makes a first step towards reducing pollution by compelling 10,000 gas stations
to provide customers with biodiesel fuel by April 1, 2008, Thai Energy Minister Piyasvasti Amranand told
media representatives on Saturday.
Thailand
made clear its intentions to cut greenhouse gas emissions along with oil import
by reducing...
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The productivity of American workers grew at a slower than first estimated 1.0 percent annualized pace during this year’s first quarter. This drove up the labor costs by 1.8 percent giving the Federal Reserve reason to remain concerned about inflation, a government report on Wednesday showed.Rising labor expenses make it more likely that...
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 Japanese car, motorcycle and engine maker Honda Motor Co., Ltd. has announced it will drop its hybrid Honda Accord from the fall product line-up. "We have found that our hybrid system works better on smaller cars," said Honda spokesman Chris Naughton. Instead, Honda has previously said it will introduce a new 4-cylinder diesel...
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 The biggest beneficiary in the auto industry after the gasoline price rising seems to be Toyota. The recent trend which saw the Americans turn away from gas-guzzling SUVs, luxury cars and pick-up trucks in favor of smaller, more fuel-efficient cars gave Toyota a much needed boost.The Japanese multinational corporation reported a record...
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 South Africa’s national electricity Eskom announced Thursday that the electricity production system will be improved with ten more nuclear power plants.The management of Eskom took this decision driven by the new environmental programs and the fact that burning fossil fuels like coal generates a great deal of greenhouse gases, while...
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 Jim Flaherty, Canada’s Finance Minister, told The Globe and Mail newspaper in an interview Friday that the government of his country will change the corporate tax proposal to make it more acceptable to businesses.This tax break was intended to end the companies' ability to deduct interest on debt that they incur to finance operations...
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 The Bank of England raised its official interest rate on Thursday to 5.5%, the highest level in six years. This measure was taken in an attempt to steer persistent inflationary pressure in the economy, which is at its highest in the last decade, back to target. The fourth quarter-point increase in the bank's base rate, the rate at which...
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 Paul Wolfowitz’s melodrama continues, as the World Bank president has been given a deadline to appear in front of a committee and answer questions regarding his violation of the bank’s ethics rules.Previously, Wolfowitz asked for more time to prepare his defence, but the seven-member committee appointed to investigate the case gave him...
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.757 |
0.701 |
97.307 |
| EUR |
1.320 |
------ |
0.926 |
128.479 |
| GBP |
1.426 |
1.080 |
------ |
138.794 |
| YEN |
0.010 |
0.008 |
0.007 |
------ |
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| Symbol | Last | Change | | Dow | 14,047.31 |  40.24 (0.29%) | | Nasdaq | 2,747.11 |  6.12 (0.22%) | | S&P 500 | 1,546.63 | 0.41 (0.03%) | | 10-Yr Bond | 4.529%
| 0.028 | | NYSE Volume | 3,112,411,000 | | Nasdaq Volume | 1,795,889,000 |
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 New BMW-6 Series Coupe and convertible
BMW has launched a convertible and new coupe of the 6-Series
featuring several advanced drive technologies and driver assistance
safety systems.
Both the coupe...
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