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U.S. markets recover from steep losses
LONDON, July 17 (UPI) -- Financially beleaguered Ford Motor Co. will spend $1.8 billion in Britain during the next six years to improve the fuel efficiency of its vehicles.
That is nearly 20 percent of the corporation's $8 billion yearly global research-and-development budget, the Financial Times said Monday.
Ford, which has the worst U.S. fuel efficiency of any carmaker, plans to use the research money to improve mileage on traditional gasoline and diesel engines and cut the weight of cars.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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FORT WAYNE, Ind., May 23 (UPI) --
Self-encrypting drives to protect data on mobile platforms such as laptops are to be developed for the U.S. Air Force by ITT Exelis.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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