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TransCanada Corp and Atco Ltd have shelved plans to build a C$5 billion (US$4.85 billion) dam and hydro project on the Slave River in Alberta, Canada, after a local native group refused to back the project, wire services reported. The planned run-of-river hydro project would have generated 1,200 to 1,300 MW of electricity, reports indicate. [...]
The majority of an Indian government panel probing the environmental impact of a 12-billion-dollar South Korean steel plant said Monday that clearances for the project should be scrapped. Steel giant POSCO wants to build the plant in the eastern state of Orissa, in what would be India’s largest foreign investment project since the country launched [...]
Ten million people will die of tuberculosis in the next five years if global funding to fight the disease is not increased, the Stop TB Partnership warned. The Partnership, a coalition of governments, non-profits, companies and international organisations, said 47 billion dollars are needed to save five million lives between now and 2015, including two [...]
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Came across an interesting article in BusinessWeek:“Here are two potentially billion-dollar questions: How can you turn the Web’s social-network users into consumers? And how can you turn idle browsing into a flourishing bottom line? Back in May, marketers hoped they might have the answer when social-networking giant Facebook opened its network to external developers. This [...]
Treasure ship’s half-billion-dollar question: Who owns it? The Merchant Royal limped through the sea on Sept. 23, 1641, weighed down by tons of gold, silver and jewels, and sank. The ship, though privately owned by Britons, carried a load of treasure fresh from Spain’s American mines. In May 2007, Tampa-based Odyssey Marine Exploration released footage [...]
Taking Care of Web Site Performance Critical to E-business While enormous amounts of money are spent on making a site look good and one more tranche of enormous sum of money on tech gizmos on the site, how much money is spent on monitoring and ensuring that your web site performs well at a basic [...]