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Gulf states look to the sun for future power
Jun 13th, 2012
After decades of relying on carbon-emitting fossil fuels to build their cities in the desert, some oil and gas rich nations of the Gulf are now turning skywards to the sun to meet future energy demands. (Source: AFP) -
DUBAI, United Arab Emirates (AP) - Just a few years ago, Gulf Arab women usually only felt comfortable showing off their fashion sense at ladies-only parties or family gatherings. In public, at least in their home countries, the standard all-black abaya - a simple floor-length covering and accompanying head scarf - was the only culturally accepted ... [Full Article]
(Reuters) - Wal-Mart Stores Inc posted a higher quarterly profit on Thursday even as sales fell 1.4 percent at its Walmart U.S. stores open at least a year because of a delay in income tax refund checks, cool weather, less grocery inflation than expected, and the payroll tax increase. The world's largest retailer earned $1.14 per share in the ... [Full Article]
By Stanley White and Leika Kihara TOKYO (Reuters) - The Bank of Japan kept policy steady on Wednesday despite concerns over recent volatility in bond market, saying growth is starting to pick up even as risks loomed from an uncertain global outlook. The central bank upgraded its assessment of the economy, saying it "has started picking up,&quo... [Full Article]
By Rodrigo Campos NEW YORK (Reuters) - Stock index futures were little changed on Tuesday after the S&P 500 hit yet another intraday record in the previous session, with markets expected to drift sideways ahead of Congressional testimony from Fed chairman Ben Bernanke on Wednesday. The U.S. economic calendar is thin and the market will continue... [Full Article]
BOSTON (Reuters) - Several U.S. power utilities say they face constant cyber attacks on critical systems, according to a report by two Democratic lawmakers amid warnings from the Obama administration that foreign hackers are seeking to attack the electric grid. Congressmen Edward Markey of Massachusetts and Henry Waxman of California disclosed thei... [Full Article]
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