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Chrome OS could save 217 years of energy per day in the US

Might sound bizarre, but its true. If all, or the majority of the computers and laptops in the US used Google Chrome OS right now, it would save up to 1.5 million hours, or 217 years of energy consumption every day.

Google Chrome OS out now

Google Chrome OS open source version was released on Thursday and already programmers have turned the code into a test version of the new OS that is set to officially debut at the end of 2010.

Rio costs up, output down in new Cameroon power deal

Rio Tinto's aluminium operation in Cameroon has secured a 30-year power supply contract with the government but electricity costs have doubled and output from a smelter will fall due to cuts in power consumption, Rio said.

JAL to propose 40 pct cut to pension payouts-media

Struggling carrier Japan Airlines Corp (JAL) plans to propose cutting pension payments to its employees and retirees by an average of roughly 40 percent, a Japanese newspaper said on Saturday.

Ciena takes Nortel unit auction to 2nd day: sources

The auction for Nortel Network's optical networking and carrier ethernet business went into a second day on Saturday, after Ciena <CIEN.O> called for a break in the auction late on Friday, two sources said.

Weekly Fundamental Outlook for Energies and Metals

Commodity prices advanced across the board with Reuters/Jefferies CRB Index gained +2% last week. However, while precious metals and certain base metals continued to show strong upward momentum, rallies in other commodities began to lose steam. We believe it's because investors' risk appetite is declining as recent macroeconomic data displayed a mixed picture on global economic conditions. In fact, the VIX, an index measuring the stock market's degree of fear, fell for the third consecutive week...

Currency Risk of Frontier Market ETFs, Low Volume Risk in Emerging Market ETFs

Emerging markets in the BRIC (Brazil, Russia, India and China) may be capable of surviving worldwide jockeying for currency positioning. It is the Frontier Market ETFs like Turkey (TUR), Vietnam (VNM) and Africa (AFK) that have the most to gain AND the most to lose.

GBP/JPY - Weekly technical Outlook

GBP/JPY fell sharply to as low as 146.43 last week, just inch above 146.36 support. The development is inline with the view that rebound from 139.72 has completed at 153.21 already and fall from there is still in progress. Initial bias will remain on the downside this week and break of 146.36 will bring fall resumption towards 144.51 support first and then 139.69 support next. On the upside, above 148.38 minor resistance will turn intraday bias neutral first and bring consolidation. But recovery...

EUR/JPY - Weekly technical Outlook

EUR/JPY's fall last week is inline with the near term bearish view that decline from 138.47 is still in progress. Initial bias will remain on the downside this week for 131.56 support first. Break there will confirm fall resumption to 129.02 support next, which is close to 100% projection of 138.47 to 131.56 from 135.68 at 128.77. On the upside, above 132.94 minor resistance will turn intraday bias neutral and bring recovery. But upside should be limited well below 135.68 resistance and bring fa...

EUR/CHF - Weekly technical Outlook

EUR/CHF's recovery and break of near term falling trend line resistance last week argues that recent choppy fall has possibly completed at 1.5080 already. Initial bias will remain on the upside this week as long as 1.5102 minor support holds. Further rally could now be seen towards 1.5238 resistance next. Break there will also indicate that consolidations from 1.5446 has completed and will bring retest of this resistance. On the downside, however, below 1.5102 minor support will dampen this imme...