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"Brazil is boosting its industrial production, power capacity and enhancing its transmission and distribution infrastructure to meet the needs of its expanding economy as well as for the 2014 FIFA football World Cup and the 2016 Olympic Games." ABB will for the first time assemble in one location compact power substations ( "e-houses") as well as manufacture motors, generators, drive systems, measurement equipment and low-voltage products.

UK telecoms provider BT is to invest £1.5 billion ($3 billion) to roll out superfast broadband to up to 10 million UK homes by 2012. The system will enable services such as video conferencing, video on demand, and other high bandwidth activities. The programme is Britain's largest ever investment in superfast broadband, which will deliver speeds of up to 100 megabits per second. The fibre will be linked to a cabinet in the street and in some cases - such as the Olympic village for the 2012 Games - directly to the premises. Homes linked to a fibre-to-the-cabinet network will receive initial speeds of up to 40 Mbps, due to the copper cable that connects the house to the cabinet. However, BT expects this to increase to 60 Mbps with new technologies. Those on a fibre-to-the-premises network will see speeds of up to 100 Mbps.

Pennsylvania Gov. Edward Rendell has approved a bill that establishes a $500 million fund to support alternative energy projects. Special Session House Bill 1 authorizes the Commonwealth Financing Authority to borrow $500 million, most of which will be split into six funding sources relating to energy efficiency and renewable energy: $80 million in grants and loans for solar energy projects; $100 million in grants, loans, and rebates for up to 35 percent of the cost of solar energy projects at residences and small businesses; $165 million in grants and loans for alternative energy projects, excluding solar energy, at businesses and local government facilities; $25 million for wind and geothermal energy projects; $40 million to help start-up businesses involved in energy efficiency technologies; and $25 million in grants and loans to improve the energy efficiency of new and existing homes and small business buildings.

PKE is the new range of ECO Coils&Coolers branded air condensers launched by Luvata for commercial AC and refrigeration applications. It is the enhanced offspring of the PCE range (currently phasing out), with improved efficiency and optimized sound emission parameters. Like all ECO Coils&Coolers ventilated units, even the PKE range is available for CO2 applications. The PKE offers an improved hauling and fastening system, thanks to new features. Moreover, the side panels are removable allowing easy access to the units' internal compartments, which have been increased by 120 mm. In order to facilitate maintenance and service, the PKE range has also been equipped with special door holders with a hold open feature. For models with 4 and 5 fan motors, the number of doors has been reduced and the width has been increased, as to allow easy access to the internal components. Lastly, the base has been reinforced for particularly difficult installations. On the other hand, thanks to a compartment incorporated with the condenser to enclose the compressing and the electrical control units, called housing, the PKE range does not require long connection pipe-work, thus reducing the risk of possible leaks. The special internal surface of the compressor compartment has been designed so as to increase sound absorption, reveals the company's press release.

SYDNEY, July 23 (Reuters) - BHP Billiton Ltd/Plc (ASX: BHP.ax) BLT.L, the world's biggest mining house, reported a raft of annual production gains on Wednesday led by strong fourth-quarter output of copper and iron ore, both of which are in high demand in China.

Instead, America's consumption binge drew support from two major asset bubbles-property and credit. Courtesy of cheap and freely available credit, in conjunction with record housing price appreciation, consumers tripled the rate of net equity extraction from their homes, from 3 percent of disposable personal income in 2001 to 9 percent in 2006. Only by levering increasingly overvalued homes could Americans go on the biggest consumption binge in modern history. And now those twin bubbles-property and credit-have burst, and so has the US consumption bubble: real consumer spending fell at an unprecedented 3.5 percent average annual rate in the two final quarters of 2008. While the original excesses were made in America, the rest of the world was delighted to go along for the ride. With the United States lacking in internal saving, it had to import surplus savings from abroad in order to grow-and ran massive current-account and trade deficits to attract that capital. This fit perfectly with the macro-imbalances of the export-led developing countries of Asia, whose exports exceeded a record 45 percent of regional GDP in 2007-fully ten percentage points higher than their share ten years earlier, in the depths of the Asian financial crisis. China led the charge, taking its exports from 20 percent, to 40 percent of its GDP over the past seven years alone. The export-led growth in developing Asia could well be described as a second-order bubble-in effect, a derivative of the one in US consumption.

Eco -towns sound lovely but are really a red herring to give the Government's housing plans a stamp of green credibility.

NAIROBI (Reuters) - The global economic crisis is jeopardizing efforts to help the world's growing number of slum dwellers, U.N. Secretary-General Ban Ki-moon said Monday. The U.N. housing agency UN-Habitat, which is hosting a major meeting this week in the Kenyan capital, says the number of slum dwellers in the world could triple to 3 billion by 2050 if left unchecked.

U.S. copper imports rose in March and should remain strong for the rest of year, boosted by a revival in the moribund housing sector. The uptrend in imports of the key industrial metal, widely used in construction and automobile manufacturing, is expected to continue in the coming months. Analysts see it as a good sign for the economy. "You're starting to see some of the stimulus taking place," said Michael Gross, futures analyst with Optionsellers.com in Tampa, Florida.

Electrical wire and cable manufacturer Eurocable Group announced that it has began production of copper wire at its plant near Zagreb as part of a push for the vertical integration of its business. The company is one of the few manufacturers of electrical wire and cable in Europe to launch in-house production of copper wire from copper cathodes. Eurocable Group's in-house production will fully cover the company's needs for 8 mm copper wires, thus cutting operating costs and making external suppliers redundant. The copper cathodes that will be processed at the Jakovlje site will be procured from companies that are members of the LME. Production will initially focus on meeting only the needs of the Eurocable Group itself.