Spanish group Iberdrola started construction of the 66MW Pier II wind farm in southern Mexico's Puebla state on Tuesday. The US$120mn wind farm will have 33 wind turbines of 2MW each, and will supply renewable energy to 25,000 Mexican households, Iberdrola said in a release.
Updated 6 Years ago

Chile's public works ministry (MOP) has praised the use of concessions following a controversy over the government's decision to end the model in the health sector. "Infrastructure concessions have been important to speed up works, to guarantee maintenance and to free up resources so we can build more basic roads, fishing coves and small reservoirs with state funds," MOP head Alberto Undurraga said after meeting concessionaire group Copsa's executive board.
Updated 6 Years ago

Silicon Valley likes numbers. One billion users,9 million iPhones, a billion Androids, 3.5 billion interactions. But not these numbers: Silicon Valley's largest companies have been releasing their workforce diversity data for the first time, always with the caveat that the results are nothing to be happy about. Apple is the latest to put out racial and gender diversity information, and Tim Cook wrote in a letter accompanying today's report: "As CEO, I’m not satisfied with the numbers on this page."
Updated 6 Years ago

Apple has been discussing how its "HealthKit" service will work with health providers at Mount Sinai, the Cleveland Clinic and Johns Hopkins as well as with Allscripts, a competitor to electronic health records provider Epic Systems, people familiar with the discussions said. While the talks may not amount to anything concrete, they underscore how Apple is intent on making health data, such as blood pressure, pulse and weight, available for consumers and health providers to view in one place.
Updated 6 Years ago

Two weeks, three continents, and 100 meetings. That -- and founder Jack Ma celebrating his 50th birthday on the road -- is what it will take for Alibaba Group Holding Ltd. to pull off the largest initial public offering in U.S. history. The Chinese e-commerce company is weighing a plan to start marketing the share sale to investors on Sept. 3, with management traveling acrossAsia, Europe and the U.S. before an initial public offering in the middle of the month, people with knowledge of the matter said.
Updated 6 Years ago

At the New York headquarters of Cora International LLC, Suzette Gomes is spellbound by a sight of rare beauty. “You can’t describe that blue,” said Gomes, chief executive officer of the diamond-cutting company. “You just drown in it.”
Updated 6 Years ago

Indonesia’s ban on ore exports will remain in place under the next government as the curbs spur as much as $18 billion in investment in processing plants by 2017, said the Energy and Mineral Resources Ministry. Nickel climbed. Mostly Chinese investors are planning at least 64 facilities to process nickel, bauxite and other metals, R. Sukhyar, director general of mineral and coal, said in an interview. Investments reached $4.9 billion so far this year, said Sukhyar, who’ll keep his post in the new administration.
Updated 6 Years ago

The regulator looked at data from EE, O2, Three, and Vodafone on the performance of their networks. EE had the best service across the whole of the UK, with O2 leading in cities. Ofcom said that research showed the consumers in urban areas were happier with their mobile phone service than those in rural areas.
Updated 6 Years ago

The official gross domestic product (GDP) figure though was smaller than the 7.1% drop economists expected. The shrinkage was largely in response to a government sales tax, which held back consumer spending.
Updated 6 Years ago

The cable, dubbed Faster, will connect the US with Japan and cost about $300m (£179m; 225m euros), the consortium said. The trans-Pacific fibre cable would deliver speeds of 60 terabytes per second - enough to send more than 2,000 uncompressed HD films a second.
Updated 6 Years ago