Bor­ing ma­chine ex­cites makers

China Daily (Hong Kong) - - BUSINESS -

A tun­nel bor­ing ma­chine tai­lor­made for the Anget wa­ter sup­ply project in the Philip­pines, has come off the as­sem­bly line in Qing­dao, in Shan­dong prov­ince. It was de­signed and man­u­fac­tured by Qing­dao Rail Trans­porta­tion Fa­cil­i­ties Co Ltd, a sub­sidiary of China Ship­build­ing In­dus­try Cor­po­ra­tion. It is the first time the unit is ex­port­ing a self-de­vel­oped and man­u­fac­tur­ing tun­nel ex­ca­va­tor. The ma­chine will play an im­por­tant role for Anget, a large-scale wa­ter sup­ply project in Manila, cap­i­tal of the Philip­pines. atic airbags. It will re­call Mazda 6 ve­hi­cles man­u­fac­tured be­tween Sept 18, 2008 and Mar 31, 2016, ac­cord­ing to the Gen­eral Administration of Qual­ity Su­per­vi­sion, In­spec­tion and Quar­an­tine. The re­call be­gins on Mar 19, 2018, as the model may have a faulty airbag sys­tem with a gas gen­er­a­tor prone to rup­ture. All faulty parts will be re­placed free of charge. Global and Chi­nese au­tomak­ers re­called 4.49 mil­lion de­fec­tive ve­hi­cles in the first five months of the year, com­pared with 8.8 mil­lion in the first half of 2016. neer­ing com­pany, UTC En­gen­haria SA, one of the coun­try’s largest, will pay 574 mil­lion reais ($175 mil­lion) as a fine for its role in the Petro­bras cor­rup­tion ring. Brazil’s comptroller gen­eral an­nounced on Mon­day that UTC had signed a le­niency agree­ment, in which it ad­mit­ted the dam­ages it had caused through its cor­rupt acts and com­mit­ted it­self to re­pair­ing these dam­ages. The money will be used to pay back dam­ages caused to Petro­bras, elec­tri­cal util­ity Eletro­bras, and fed­eral rail com­pany Valec. In ex­change for the fine, UTC will be al­lowed to com­pete in Brazil’s pub­lic ten­ders again. we have around 7.5 bil­lion peo­ple on the planet and by 2100 we can ex­pect about 11.2 bil­lion,” Ben van Beur­den, CEO of Royal Dutch Shell, told the 22nd World Petroleum Con­gress that kicked off in Istanbul. Re­cent pro­jec­tions sug­gest that the pop­u­la­tion in Asia alone would in­crease by 750 mil­lion by the mid­dle of the cen­tury, with its en­ergy de­mand in­creas­ing by around half, noted Van Beur­den. “But more than any­thing, this is a story about Africa,” he stressed. “We can ex­pect 3.6 bil­lion ex­tra peo­ple to be liv­ing on this planet by the end of the cen­tury and 3.2 bil­lion of them will be in Africa, with the vast ma­jor­ity in sub-Sa­ha­ran Africa.” the globe. The com­mis­sion said broad­band can ad­dress ba­sic needs, such as health­care and food pro­duc­tion, help­ing lift peo­ple out of poverty through e-com­merce op­por­tu­ni­ties and job growth, mon­i­tor­ing cli­mate change and plan­e­tary pro­cesses, and bridg­ing the dig­i­tal gen­der di­vide. It added that in­for­ma­tion and com­mu­ni­ca­tion tech­nolo­gies, such as big data and ar­ti­fi­cial in­tel­li­gence, as well as broad­band­based tech­nolo­gies, could be har­nessed as “a uniquely pow­er­ful tool” to drive global devel­op­ment and ac­cel­er­ate the progress to­ward the UN Sus­tain­able Devel­op­ment Goals.

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