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July, 29, 2016

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Solar power plant
In this Sunday, January 16, 2011 file photo, Beam Down Pilot project, a joint pilot project of the Masdar Institute of Science and Technology, Japan's Cosmo Oil Company and the Tokyo Institute of Technology, takes the conventional concentrated solar power design and literally turns it on its head at Masdar City in Abu Dhabi, United Arab Emirates.
 
The yen rose sharply on Tuesday after a drop in oil prices hit confidence and as investors await the outcome of U.S. and Japanese central bank meetings.
 
Amazon announced Monday plans to test delivery drone technology in Britain, as the U.S. online commerce giant tries to advance the idea safely.
 
Aiming to develop new export markets for a fuel source hit by declining domestic demand, Wyoming Governor Matt Mead on Monday signed an agreement calling for cooperation between the state and a consortium of Japanese companies in researching clean-coal technology.
 
Oil prices edged up slightly in Asia on Tuesday after tumbling more than two percent the day before, while a weaker dollar also provided support, although fears about a global supply glut are returning to the fore.
 
Germany's number two bank, Commerzbank, said late Monday its capital position weakened in the second quarter while its profits over the period slumped almost a third.
 
BP's second-quarter earnings fell 45 percent as lower oil prices hit the British energy company.
 
Pricey drugs overwhelm Medicare safeguard
A safeguard for Medicare beneficiaries has become a way for drugmakers to get paid billions of dollars for pricey medications at taxpayer expense, government numbers show.
 
Yahoo has agreed to sell its core business to telecom giant Verizon for US$4.8 billion, ending a 20-year run by the internet pioneer as an independent company, the firms announced Monday.
 
Airbnb sues hometown over rental regulation
San Francisco wants people who rent out their homes through Airbnb and other online platforms to follow some rules, and it wants the platforms to advertise only those rule-abiding listings -- or face steep fines.
 
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