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U.S. markets recover from steep losses
BRUSSELS, Oct. 30 (UPI) -- The European Union aims to break up energy companies with dominant positions in both the wholesale and retail sectors of their businesses.
Neelie Kroes, the competition commissioner, said Monday that splitting vertically integrated energy firms, such as RWE and Eon of Germany and the French group EdF, would be an "absolute priority," the Financial Times reported.
"With the infrastructure in the hands of the incumbent supply companies and electricity generators, opportunities for discriminating against competing suppliers abound," Kroes said.
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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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MELBOURNE, Fla., May 23 (UPI) --
Northrop Grumman says its Military Airworthiness Certification is closer for its re-engined EC-8 Joint Surveillance Target Attack Radar System aircraft.
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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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