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UK must keep its lead in marine energy drive: parliamentary committee says

by Paul Joseph February 20, 2012 Featured

The UK Government should give priority to ensure that the country remains at the cutting edge of developments in the field of marine energy, the energy & climate change committee recommended. The parliamentary committee warned that the country would squander the lead unless the Government focused on slashing costs and setting pushy deployment targets beyond 2020. It reminded the Government that the UK lost its lead in wind power to Denmark in the 1980s, and now Denmark is enjoying a large share of the global turbine manufacturing market. read more

Tagged as: climate-change, energy sector, government, indian, japanese, microsoft, motorola, photoshop, united-kingdom, windows

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Japan and China ready to help eurozone via IMF

by Paul Joseph February 20, 2012 Featured

Japan and China have confirmed that it is ready to help the struggling eurozone solve its sovereign debt crisis via global lender IMF the 17-nation bloc will have to do more. Japanese Finance Minister Jun Azumi yesterday held a meeting with China’s vice premier, Wang Qishan, in Beijing, where they confirmed that they would jointly respond to the IMF’s call for increasing lending by $600 billion to offset the effects of the eurozone’s debt crisis. read more

Tagged as: apple, china, featured, india, insurance, japan, japanese, microsoft, photoshop

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Oxford Nanopore’s new portage device to facilitate “on the go” DNA sequencing

by Paul Joseph February 18, 2012 Featured

Marking its foray into the gene-sequencing arena, Oxford Nanopore Technologies – a closely-held company based in Oxford, England – is planning to come up with a new portable device which will facilitate people in analyzing DNA “on the go.” According to the details shared by Oxford Nanopore Technologies, the portable device – dubbed MinION – will be a smaller version of the GridION device which the company is already developing. The size of the new device will be almost that of a USB stick; and it will likely hit the markets in the second half of 2012. read more

Tagged as: argentina, british, children, dna, india, japanese, microsoft, motorola, united-kingdom

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Big high street chains shut 14 shops per day in 2011: study

by Paul Joseph February 17, 2012 Featured

High rents and rates forced high street chains to put up the shutters on an average of 14 stores across the UK last year, stats compiled by the Local Data Company (LDC) on behalf of PricewaterhouseCoopers (PwC) revealed. Multiple retailers slashed their high street presence by 0.25 per cent, which stands for a reduction of 174 shops during 2011. Bookshops, electrical stores, menswear, home furnishings, holiday retailer and pubs & bars suffered fall in numbers, while charity shops, credit unions and pound stores managed to buck the decline. read more

Tagged as: cisco, featured, gadget, japanese, microsoft, motorola, photoshop, retail sector, united-kingdom, windows, youtube

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Japanese cars are most dependable: study

by Paul Joseph February 16, 2012 Featured

Cars manufactured in Japan are the most dependable, a study from California-based research firm J. D. Power & Associates suggests. J. D. Power questioned owners of cars manufactured in 2009 about the type of problems they had been experiencing over the last one year. Respondents reported an average of 132 problems per 100 vehicles. The figure is down from 151 problems reported by vehicle-owners a year ago. Matthew Stover, an analyst for Guggenheim Securities, said, “If your quality score are improving and demand is improving, that is good story for pricing.” read more

Tagged as: apple, banking, featured, government, japan, japanese, microsoft, motorola, youtube

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IHG reports 57% increase in net profits

by Paul Joseph February 15, 2012 Featured

InterContinental Hotels Group (IHG), the owner of Holiday Inn brand that has been named as the official hotel provider for the Olympic Games, has reported strong increase in full-year profit for 2011. The UK-based IHG, which operates as many as 4,500 hotels around the globe, generated net profit of $460 million in 2011, 57 per cent up from $293 million generated in 2010. Revenues at the world’s largest hotel operator jumped 9 per cent to settle at $1.77 billion. read more

Tagged as: banking, copyright, hotel, hotels, india, infrastructure, intercontinental hotels, japanese, microsoft, motorola, olympics, windows

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FCC not to approve LightSquared’s proposal to build 4G-LTE network

by Paul Joseph February 15, 2012 Featured

According to an e-mailed statement by Federal Communications Commission (FCC)’s spokeswoman Tammy Sun, the FCC had decided against approving startup LightSquared’s proposal to build a countrywide 4G-LTE network. The US government’s decision to break up with LightSquared is essentially an upshot of the results of a recent testing which showed that the startup’s proposed wireless venture – of an open-access, wholesale wireless broadband network that combines satellite and terrestrial technology – disrupts navigation gear, since its signals interfere with global-positioning system. read more

Tagged as: apple, chrome, copyright, facebook, internet, japanese, microsoft, windows

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Motorola Droid 4 teardown shows the handset has “the best keyboard yet” in Droid series

by Paul Joseph February 15, 2012 Featured

The ripping down of the Motorola Droid 4 by the gadget teardown site iFixit has revealed that, just like the other Droid-branded handsets, the key attraction of the Droid 4 is its QWERTY keyboard, which happens to be “the best keyboard yet” in the four generations of Droid phones. read more

Tagged as: amazon, british, business, chrome, copyright, gadget, infrastructure, internet, japanese, microsoft, technology sector, windows

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Inbound M&A deal volumes surge by 30% in 2011

by Paul Joseph January 27, 2012 Featured

Foreign companies acquired majority stakes in 131 Indian companies during 2011, registering a 30-per cent rise in such transactions as compared to the previous year, according to a study by Venture…

Tagged as: business, copyright, essar-group, finance, industry, japanese, markets, news, venture-intelligence

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Kyocera to acquire automotive LCD panel maker Optrex for $256 mn

by Paul Joseph December 27, 2011 Featured

Kyocera, the $15-billion Japanese electronics giant, is acquiring automotive LCD panel maker Optrex for around 20 billion yen ($256 million) in order to compete better against rivals Toshiba and Sh…

Tagged as: business, electronics, india, industry, japan, japanese, management, marketing, news, optrex, prndl-display

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