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European network to reach 2Tbps
GEANTMonday August 5, 2013 5:01AM ET
GEANT, the superfast pan-European research network that helped discover the Higgs Boson, could reach speeds up to 2Tbps (terabits per second) thanks to a major network upgrade.
Mexican manufacturing deteriorated in July
Mexico manufacturingMonday August 5, 2013 3:09AM ET
For the first time since April 2011, Mexican manufacturing business conditions deteriorated in July, albeit only marginally: PMI fell to 49.7.
Ireland plans to close oil refinery
Ireland oil refineryFriday August 2, 2013 9:59AM ET
Ireland doesn't need its own oil refinery because it can import enough of the fuel to meet all its needs, says a Government-commissioned report.
Wireless data traffic in Europe used on tablets, smartphones
TabletsFriday August 2, 2013 8:16AM ET
Last year, 71% of all wireless data traffic in the European Union was delivered to smartphones and tablets using Wi-Fi, possibly rising to 78% by 2016.
China to spend $669 billion on energy projects
China energyFriday August 2, 2013 6:39AM ET
China will spend 1.8 trillion yuan ($294 billion) on developing renewable energy through 2015. The country is also planning to invest $375 billion on major energy-saving and emissions-reduction projects.
Riyadh to build $22.5 billion metro
Riyadh MetroFriday August 2, 2013 4:23AM ET
Riyadh Governor Prince Khaled bin Bandar, chairman of the High Commission for the Development of Arriyadh, presented the $22.5 billion Riyadh Metro Project.
Arizona, Nevada, and Hawaii America's top 3 solar states
Hawaii solarThursday August 1, 2013 12:09PM ET
Environment America Research & Policy Center released "Lighting the Way: What We Can Learn from America's Top 12 Solar States". More than 90% of 12 leading states have strong net metering policies.
Asia-Pacific driving airlines' growth
AirplaneThursday August 1, 2013 10:09AM ET
The International Air Transport Association (IATA) released June passenger demand figures showing year-on-year growth of 6%. Asia-Pacific airlines were responsible for 50% of the increase in RPK.
U.S. private-sector adds 200,000 jobs
EmploymentThursday August 1, 2013 5:39AM ET
U.S. private-sector employment increased by 200,000 jobs from June to July, according to the July ADP National Employment Report.
IMF: Saudi Arabia needs long-term development goals
Saudi ArabiaThursday August 1, 2013 3:10AM ET
Saudi Arabia's economy continues to perform well, with growth of 5.1 percent in 2012, thanks to oil prices, private sector growth, and government spending, says International Monetary Fund (IMF).
Consumer confidence index falling down
Consumer Confidence IndexWednesday July 31, 2013 2:08PM ET
The Conference Board Consumer Confidence Index, which had improved in June, pulled back slightly in July. The Expectations Index decreased to 84.7 from 91.1 last month.
China wants Australian wheat, prices up 50%
Australian wheatWednesday July 31, 2013 12:30PM ET
China has rushed into the Australian wheat market in the past month and a half, buying 1.5 million tonnes of grain.