Search Results for: England

BY LEAH GERMAIN

LAST year (2011) cybercrime represented 38% of all economic crime in the global financial sector, reports the latest study from England’s PricewaterhouseCoopers (PwC). The report, Fighting Economic Crime in the Financial Services Sector, released on March 27, also details cybercrime accounted for 16% of economic crime in other industries.…

BY JAMES FULLER, IN LONDON; AND EUGENE VOROTNIKOV, IN ST PETERSBURG

TIME was that automakers looking to expand electric car production worried about the price and scarcity of lithium – a key metal for many battery models. But no more: new production is being brought online and prices have softened dramatically over the past three years, with the recession knocking demand for other lithium-hungry products such as laptop computers and mobiles.…

BY JAMES FULLER

AUTOMOBILE manufacturers are preparing to make the most of an increasing supply of lithium-based batteries, as they look to ramp up their production of electric cars.

They have commented following the December launch of the USD430 million joint Russo-Chinese plant, Liotech, outside Russia’s third-largest city Novosibirsk, in Siberia.…

BY DAVID HAYHURST

WITH a wide range of electric vehicles (EVs) slated to roll out across Europe throughout 2012, utilities have to seriously consider how this new transport sector will impact on their business. Because power producers will be the fuel companies of the future, once electric cars take hold of the consumer imagination, utilities will need to consider how they best serve this new consumer business.…

BY JOHN PAGNI, IN HELSINKI, AND KITTY SO

When officially opened on May 8, Finland’s new 90MW Kymijärvi 2 power station will break ground in its novel energy efficiency and environment technology: a waste-to-energy combined heat and power (CHP) production unit using clean bio-gas as its fuel.…

BY ROBERT STOKES, IN EDINBURGH

INVESTORS want to make the United Kingdom the hot spot for new gas storage projects in the European Union (EU). The UK tops the EU’s league table of projects either applied for or with official consent: 11.1 billion cubic metres (bcm) of space compared with 4.6bcm of current operational capacity.…

BY MJ DESCHAMPS

WITH fast fashion and quick turnover key commercial ingredients of today’s garment and apparel industry, excess textile production is prompting the sector to gravitate towards more recycling and reuse of materials, to conserve energy, increase sustainability and lower raw material costs.…

BY MJ DESCHAMPS

WITH the cost of raw materials for manufacturing rising rapidly, partly because of – but also in parallel to increasing energy prices worldwide, an industry that is both little known and very large is looking for ways to cut energy costs.…

BY KEITH NUTHALL

THE BRITISH government’s Audit Commission has called on UK local governments to spend money on fighting fraud, even as their income is squeezed by central government and a weak economy. The agency – itself about to be abolished because of spending cuts – has said England’s councils detected GBP185 million’s worth of fraud in 2010-11, up from GBP135 million the previous year.…

BY PAUL COCHRANE

INTELLIGENCE agencies by their very nature are secretive. So too are budgetary expenses and the ways in which agencies finance operations, especially in foreign jurisdictions and where they carry out so-called ‘black ops’. The techniques to quietly transfer funds do not in fact differ that widely from organised crime or terrorist groups, using banking services, front companies, charities and the like.…