Must Read
EU Parliament rebels over ACTA secrecy

Votes by massive majority for public negotiations The European Parliament has voted by 633 to 13 on a motion to make public the negotiations for the Anti-Counterfeiting Trade Agreement (ACTA) negotiations to be opened to public scutiny....Read more

Tandberg Data gets ready for disk battle

Tape specialist changes focus in bid to reinvent itself as an “end-to-end data solutions provider” As the debate rages over the future of the tape storage industry, sector ­stalwart Tandberg Data has been ­re-inventing itself as a purveyor of a widRead more

Rivals pillage Dell PC market share

HP extends its lead at the top as Acer catches up and Lenovo and Toshiba also cash in on miserable 2009 for Dell Despite returning to shipment growth, Dell continued to lose ground in the PC market in 2009's closing quarter, with all its rivals gaining mRead more

Hill-Wilson lifts lid on new venture

Former Datapoint strategy director claims e-learning specialist Brainfood Training is already attracting big-name interest Former Datapoint strategy director Martin Hill-Wilson has claimed his new venture, Brainfood Training, represents a return to his rRead more

Bright outlook for LEDs as Lemnis Lighting raises fresh funding

US-Dutch start up rakes in $37.5m to help commercialise new energy efficient lighting technology San Francisco-based lighting start-up Lemnis Lighting has raised $37.5m (£25m) in a fourth round of funding from unnamed African investors, as it looks to tRead more

Australian firm admits China name bungle in mega-deal (AFP)

SYDNEY (AFP) –

Australian miner Resourcehouse Tuesday admitted giving the wrong name for a Chinese company involved in a 60 billion US dollar coal deal, but insisted the agreement was legitimate.

Resourcehouse said it had struck the deal, touted as an Australian record, with China Power International Holding Limited, not China Power International Development Limited as announced on Saturday.

"I can 100 percent confirm there's a binding contract in place. We've mentioned the wrong name, that's why we've had the comments you've seen," a spokesperson told AFP.

He was speaking after the wrongly named company issued a statement denying the deal to the Hong Kong stock market, casting doubt over the agreement to sell 30 million tonnes of coal a year over 20 years.

But the Resourcehouse spokesman said company chairman Clive Palmer confirmed the deal with China Power International Holding Limited, the parent company of the other firm.

"That's the confusion -- we have said the wrong name," he said. "It's a binding contract and Clive Palmer said that he met with them and there's no issue."

Resourcehouse on Saturday said it would supply the coal from a proposed mine in central Queensland, describing it as Australia's biggest ever export contract.

Taken from here

Categories
Software
Web Easy Professional 8

Web design without hassle - but with less control than other programs Websites can be designed in Microsoft Word but a dedicated program such as Web Easy Professional 8 will do a better job. The website offers hundreds of page templates including ones Read more

Personal Accountz

Control your personal finances easily Having a program to review your personal finances is a good idea, especially in a recession. Despite the rather silly spelling of its name, Personal Accountz can be used to track bank accounts, loans, credit cards Read more

Review: System Mechanic 9.5

A neat way to streamline and optimise an ageing PC We've all experienced the scenario before: a computer is getting a bit long in the tooth and becomes sluggish, less responsive and seemingly cluttered full of processes and applications that are far frRead more