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Archive of posts filed under the Global News category.

US stocks rise on falling unemployment rate

New York, April 2 (Coal Geology) US stocks moved up Friday amid reports that the country’s unemployment rate fell to a two-year low in March. The Dow Jones industrial average advanced 56.99 points, or 0.46 percent, to 12,376.72 while the Standard & Poor’s increased 6.58 points, or 0.50 percent, to 1,332.41. The Nasdaq Composite Index [...]

Single-window clearance for real estate projects urged

Hyderabad, April 1 (Coal Geology) The Confederation of Real Estate Developers’ Association of India (CREDAI) Friday urged the central government to introduce single window clearance and a uniform tax structure for the sector across the country. The apex forum of developers will submit the comprehensive checklist for good governance to Urban Development Minister Kamal Nath [...]

South Korea opens visa application centre in New Delhi

New Delhi, April 1 (Coal Geology) South Korea Friday opened its first visa application centre in India and said it would outsource the facilities to a private firm in a bid to make the process easier and prompt. ‘An ever increasing number of Indians are now visiting Korea each year. This trend has necessitated an [...]

Spanish firm sells wind farms in Mexico for $89 mn

Madrid, April 1 (IANS/EFE) Spain’s Preneal Group, the largest shareholder in Eolia Renovables, has sold two wind farms with 396 MW of generating capacity in Mexico’s Oaxaca state to several Mexican investors for $89 million. The wind farms, located in the Isthmus of Tehuantepec, are being purchased by Fomento Economico Mexicano, or FEMSA, Fondo de [...]

Successful biofuel flight conducted in Mexico

Mexico City, April 3 (IANS/EFE) European aircraft manufacturer Airbus and Mexican budget airline Interjet successfully conducted the first Jatropha-based biofuel flight in Mexico. The demonstration flight from Mexico City to the southern city of Tuxtla Gutierrez was carried out Friday using an Airbus A320-214, one of whose engines used 30 percent biofuel and the rest [...]