Energy Update
An update from Cornwall caused barely a ripple in the global tin market, but it nevertheless represents a potential new instalment in a very old story stretching back over two millennia.
WASHINGTON, Aug 26 (Reuters) - U.S. economic growth was a
bit more sluggish than initially thought in the second quarter
as businesses aggressively ran down stocks of unsold goods,
offsetting a spurt in consumer spending.
HARARE, Aug 26 (Reuters) - Zimbabwean police on Friday fired
tear gas at opposition leaders Morgan Tsvangirai and former vice
president Joice Mujuru as a protest rally against President
Robert Mugabe descended into violence, a Reuters witness said.
PARIS, Aug 26 (Reuters) - European spot electricity prices
for delivery early next week were mixed on Friday as increased
wind power output weighed on German prices while expected firm
demand bolstered French prices.
LONDON, Aug 26 (Reuters) - Britain does not need the Hinkley
Point C nuclear project and could use a mixture of alternative
resources to guarantee its future energy needs at a lower cost,
an energy and climate think tank said on Friday.
BEIJING, Aug 26 (Reuters) - A rebound in private investment
in China "won't be very far off" as supportive government policy
measures take effect, an official from its top economic planner
said on Friday.
SINGAPORE, Aug 26 (Reuters) - Asian spot liquefied natural
gas (LNG) prices held steady in the absence of any decisive
indicators, with a lone deal being done at a
higher-than-expected level in an amply supplied market.
DUBAI, Aug 26 (Reuters) - OPEC Secretary-General Mohammed
Barkindo sees a growing understanding inside and outside the oil
producers' group that action is needed to manage crude
production in order to support prices, he said in remarks
published in London-based newspaper Al-Hayat.
GICHANGI, Kenya, Aug 26 (Thomson Reuters Foundation) -
Farmers in Kenya's Laikipia County have found a clever way to
reduce their use of wood for fuel while raising more chickens
for cash: an efficient ceramic cooking stove that doubles as a
chick brooding box.
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