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LAX board approves $4bn project for upgrades

2014-12-22 01:00:00| Airport Technology

The Los Angeles Board of Airport Commissioners in the US has approved a $4bn plan for transforming Los Angeles International Airport's (LAX) ground transportation and arrival and departure experience.

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U.S. court approves settlement awarding $1B interest to U.S. Nortel bondholders

2014-12-19 12:39:40| Telecom - Topix.net

A man walks past a company sign at a Nortel Networks office tower in Toronto on Feb. 25, 2009. A U.S. court has approved a settlement deal that would make Nortel Networks's U.S. bondholders eligible to receive up to US$1 billion in interest that has accrued since the company filed for court protection in 2009.

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China Approves Syngenta Biotech Corn

2014-12-18 06:34:23| Chemicals - Topix.net

China's Ministry of Agriculture has approved a controversial biotech corn product that has been blamed for the collapse of U.S. corn exports to the big Asian market, U.S. Agriculture Secretary Tom Vilsack said Wednesday. China began late last year rejecting corn shipments from the U.S. after it found some containing the biotech corn, developed by Swiss seed maker Syngenta AG.

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UK regulator approves 1.1bn funding for Moray Firth subsea cable project

2014-12-18 01:00:00| Power Technology

UK's power regulator Ofgem has approved 1.1bn funding for setting up a subsea link connecting power grid on both sides of the Moray Firth, in northern parts of Scotland.

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Lower House approves new telecoms law

2014-12-17 19:47:00| Telecompaper Headlines

(Telecompaper) Argentina's Lower House has approved a draft bill to reform the country's telecoms law with 131 votes in favor and 97 against. The bill had been recently approved by the Senate and is likely to be promulgated by the government in the short term. The new bill takes into account developments in convergent technologies and will allow telecoms operators to offer triple play services under a single concession. Until now, telecoms operators were not allowed to offer pay-TV services. However, telecoms operators will not be allowed to offer satellite TV services. Argentina's previous telecommunications law had been approved in 1972. The bill also introduce new regulation which will allow telecoms firms to have access to other operators' network infrastructure. Also, the bill stipulates the creation of a new agency to regulate the ICT market.

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