Airbus unveils US$6bn plane deals

FARNBOROUGH (United Kingdom). — Airbus unveiled orders worth a potential US$6,35 billion yesterday but its success was set to be dwarfed later in the day by a huge United Airlines deal for Boeing aircraft.

China economy billed to exceed growth forecast

BEIJING. — China’s economy is in little danger of a hard landing and will likely exceed the official growth forecast for the year, a prominent government adviser said yesterday.

Spain’s new austerity to deepen recession: Analysts

MADRID. — Spain’s new US$80 billion austerity package will trim a bulging public deficit but the price could be a biting recession lasting up to 2014, analysts say.
Fresh from winning European Union agreement on relaxed deficit-cutting goals, Prime Minister Mariano Rajoy revealed on Wednesday a slew of tight-fisted measures demanded by Brussels.

European bank deposits hit seven-month low

FRANKFURT. — Banks parked the lowest amount of cash in overnight deposits at the European Central Bank for nearly seven months, ECB data showed on Thursday, a sign that interbank tensions could be easing.

Eurozone industrial output rises in May

BRUSSELS. — Eurozone industrial production rose a sharp 0,6 percent in May after contracting 1,1 percent the previous month, official figures showed yesterday, but analysts were sceptical of an upturn in growth.

Where even kings, queens feel at home

BULAWAYO is famed euphemistically as the phenomenal City of Kings and Queens, so when one gets there he or she expects to rest in the ambience of the comfort similar to that enjoyed by long departed majesties, occults and oracles.

Oil price fluctuations hit producers, consumers

PARIS. — Oil prices in recent years have been marked by rapid and very wide fluctuations, causing problems for both producer and consumer nations, the International Energy Agency said yesterday.

Solar power from outer space ?

THE idea of a solar power collection satellite has been percolating for years. The technology has always been just far enough out of reach that no one had the gumption to stand up and seriously talk about doing it.

Inverters good energy converters

THE vast majority of modern electrical items run on AC 220V power systems as supplied by power companies and renewable energy sources, in Zimbabwe this is 220V @ 50Hz. Solar panels produce electricity from sunlight and this is stored in batteries as DC power, via a charge controller that controls the charging and discharging of the power in the battery.

‘Young Igwe’ dates Chomudhara

Entertainment Reporter
Man of the moment Peter “Dhewa” Moyo will tomorrow give the Chitungwiza folk something to smile about when he storms Moonlight Night Club at Makoni Shopping Centre.

×
×