21/06/2012

US opens new areas of Gulf of Mexico to drilling

The US government offered up new areas of the central Gulf of Mexico for drilling for the first time since the 2010 BP oil spill and received $1.7 billion in winning bids, officials said Wednesday.

Oracle chief buys Hawaiian island

Oracle boss Larry Ellison has bought a Hawaiian island from a fellow multi-billionaire businessman, the governor of the US Pacific Ocean state said Wednesday.

Internet life in spotlight at global TED gathering

The TED conference, known for taking an innovative look at cutting-edge issues, will delve into whether the Internet is making the world more open or closed at a gathering in Scotland on Monday.

Australians find huge mega-wombat graveyard (Update)

Australian scientists Thursday unveiled the biggest-ever graveyard of an ancient rhino-sized mega-wombat called diprotodon, with the site potentially holding valuable clues on the species' extinction.

Toyota stays lean to ride out strong yen and grow

(AP) — Toyota Motor Corp. has been hammered by the strong yen, putting extra pressure on the automaker to stay lean and come up with new innovations, but it is determined to ride out the challenge, a senior executive ...

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