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Archive of posts filed under the Global News category.

Brazil’s Petrobras announces deep-water oil find

Sao Paulo, Jan 27 (IANS/EFE) Brazilian state-controlled energy company Petrobras said it struck oil at a pre-salt block located in ‘ultra-deep’ waters of the Santos Basin, located off the country’s southeastern coast. The find was made after drilling the Carioca Nordeste well, which has a water depth of 2,151 meters and is located 275 km [...]

Andhra Pradesh to host major IT event in March

Hyderabad, Jan 27 (Coal Geology) Andhra Pradesh will organize a two-day IT conference and exhibition March 1 and 2 in Hyderabad to project itself as the most preferred IT destination. IT Minister Ponnala Lakshmaiah Thursday announced the event ‘Advantage AP- annual IT summit 2011′, the first of its kind event by the state government, to [...]

Toyota recalling 1.7 mn vehicles globally

Tokyo, Jan 26 (Coal Geology) Japan’s Toyota Motor Corp plans to recall 1.7 million vehicles worldwide, including 1.28 million in Japan, to repair faulty parts, including defective fuel pipes, the world’s largest automaker said Wednesday. The recalls in Japan were for 16 models, including the Noah and Voxy minivans, manufactured from May 2000 to October [...]

Innovate to face India, China challenge: Obama

Washington, Jan 26 (Coal Geology) Citing once again the growing challenge from emerging powers like India and China, US President Barack Obama asked Americans to unleash their creative spirits and innovate to ‘win the future’ in a rapidly shifting global economy. ‘That world has changed. And for many, the change has been painful,’ he said [...]

US team in UAE to explore healthcare system

Abu Dhabi, Jan 25 (IANS/WAM) Officials from over a dozen American healthcare and pharmaceutical companies have arrived in the United Arab Emirates (UAE) to explore opportunities for partnerships between the two countries. The ‘US Commercial Healthcare, Pharmaceuticals, Life Sciences, and Technology Trade Mission to the UAE’ is an initiative led by the US-UAE Business Council [...]