WHAT THE OTHER PAPERS SAY THIS MORNING
FINANCIAL TIMES
TOSHIBA TARGETS METALS DEAL IN KAZAKHSTAN
Japanese companies, urged on by their government, are racing to secure supplies of rare metals and rare earth elements that are vital to many technology products.
By the end of the year Toshiba aims to agree a deal with Kazatomprom, the national uranium company of Kazakhstan, to extract rare metals such as beryllium and tantalum, and rare earth elements such as dysprosium and neodymium alongside uranium mining.
INDIA WARNED ON ECONOMIC COST OF PIRACY
The US urged India yesterday to improve its intellectual property rights enforcement to avoid missing out on the foreign investment potential of one of the world’s fastest growing economies.
EU LAMENTS LACK OF AFGHAN PROGRESS
Political reform and clean government are almost non-existent in certain areas of Afghanistan in spite of eight years of US and European assistance, according to a hard-hitting report for European Union governments obtained by the Financial Times. “The situation in Afghanistan is deteriorating,” says the high-level report, prepared for a two-day meeting of EU foreign ministers that started yesterday.
IATA ATTACKS EUROPEAN EMISSION PLANS
The International Air Transport Industry Association has sharply criticised European Union plans to include airlines in its emissions trading system and warned that the measures actually threaten efforts to cut carbon emissions. Iata’s chief executive, said forcing airlines to buy carbon emissions permits for flights would harm the industry’s progress.
THE TIMES
E.ON PLANT PLANS RAISE FEAR OF GAS-DEPENDENT BRITAIN
E.ON, the energy group that shelved plans for a new coal-fired power station at Kingsnorth, Kent, is drawing up plans to build a new gas-fired plant of the same size in Nottinghamshire, leading to fears that Britain will be over-reliant on imported natural gas.
CLIMATE CHIEF LORD STERN: GIVE UP MEAT TO SAVE THE PLANET
People will need to consider turning vegetarian if the world is to conquer climate change, according to a leading authority on global warming, Lord Stern of Brentford said.
In an interview with The Times, Lord Stern said: “Meat is a wasteful use of water and creates a lot of greenhouse gases. It puts enormous pressure on the world’s resources. A vegetarian diet is better.”
The Daily Telegraph
VIVENDI CHIEF JEAN-BERNARD LEVY WARNS UK IT CANNOT ‘SIT ON THE SIDELINES’ IN PIRACY BATTLE
Jean-Bernard Levy, the chief executive of French media giant Vivendi, will warn British internet service providers (ISPs) that they cannot “sit on the sidelines” as piracy takes place on their networks and will tell them they are getting off lightly with current UK anti-piracy proposals.
SFO TO BROADEN FRAUD INVESTIGATIONS THROUGH NEW INTELLIGENCE UNIT
The Serious Fraud Office is to broaden the number and scope of investigations it pursues through a new special intelligence unit set up to carry out preliminary enquiries. The unit is currently dealing with 10 potential cases ranging from investigations into what happened in the UK during the collapse of the Icelandic banks.
WALL STREET JOURNAL
FIAT MODELS TO DRIVE CHRYSLER
Four months after exiting bankruptcy, Chrysler Group is about to unveil a product road map that relies heavily on vehicles from Italian partner Fiat while abandoning many of the US car maker’s own models.
The plan, due to be revealed 4 November, involves the return of Fiat’s premium, sporty Alfa Romeo brand to the US starting in 2012.
NEW CIRCLE DRAWS CONTINENTAL CLOSER TO UNITED
Continental Airlines walked away from merger talks with UAL’s United Airlines eighteen months ago that would have created the world’s biggest air carrier. Today, Houston-based Continental embarks on the next-closest thing as it joins forces with United and 23 other airlines in the Star Alliance, the world’s biggest network of independent carriers.