■ Manufacturing
Rolls Royce doing fine
The chief of British aircraft engine maker Rolls Royce PLC said yesterday that the company's earnings outlook would not be hurt by its recent suspension of production of engines for the Airbus A380. "We make deliveries to Airbus, Boeing, Bombardier, Gulfstream, Embraer, Cessna and a whole range of other companies. This represents a relatively small proportion of our turnover," chief executive John Rose told reporters during a visit to Malaysia. He said the firm's deliveries for the next two years are "completely unaffected by the orders in the shorter term."
■ Internet
Google offers Korean e-mail
Google Inc launched a Korean-language version of its free e-mail service yesterday in an effort to strengthen its presence in South Korea. The launch of Google's Korean-language Gmail service came a month after it announced a US$10 million investment in a planned research center in the country. Google started its Korean-language search site in 2000 and began offering its English-language Gmail service two years ago in South Korea, where many Internet users have preferred local free e-mail services. Local search engine Naver controls more than 60 percent of South Korea's search traffic.
■ Environment
`New Kyoto' wanted
After repeatedly blocking domestic carbon trading, Australia said yesterday it would now push for Asia-wide emissions trading to combat global warming as part of a planned "new-Kyoto" pact. The turn-around comes as an opinion poll showed most Australians believe Canberra should sign Kyoto. Environment Minister Ian Campbell told Australian Broadcasting Corp radio that Canberra wanted to forge a "New Kyoto" out of a six-nation alliance of the world's biggest polluters -- China, India, the US, Australia, South Korea and Japan. Australia, which has failed to ratify Kyoto Protocol, is already feeling the brunt of global warming with the worst drought in 100 years eating into economic growth.
■ Automobiles
Hyundai faces probe
South Korea's fair trade watchdog is investigating the Hyundai Motor group on suspicion of unfair trading, company officials said yesterday. "Hyundai Motor and some of its subsidiaries are being investigated by the Fair Trade Commission for suspected unfair trading inside the group," a group spokesman said. "The investigation started around Sept. 11 and is expected to last until Friday." The spokesman said Hyundai Motor and its affiliates including Hyundai Card, Hyundai Glovis and Hyundai Capital were the target of the investigation. Hyundai Glovis is the group's auto shipping unit and Hyundai Capital provides consumers with loans to buy cars.
■ Telecoms
Alfa Group eyes Vodafone
Russian conglomerate Alfa Group is seeking to buy 20 percent of British mobile phone giant Vodafone, valued at about £15 billion (US$28.6 billion), the Times said yesterday. Alfa's telecoms arm, Altimo, has targeted Vodafone with a view to either a joint venture or a merger as it seeks to grow outside Russia, the newspaper said. "We are in negotiations with Vodafone, and with other large Euro-pean telecoms companies," it quoted Kirill Babaev, a vice-president of Altimo, as saying. But a Vodafone spokesman denied the report.
An Emirates flight from Dubai arrived at Taiwan Taoyuan International Airport yesterday afternoon, the first service of the airline since the US and Israel launched strikes against Iran on Saturday. Flight EK366 took off from the United Arab Emirates (UAE) at 3:51am yesterday and landed at 4:02pm before taxiing to the airport’s D6 gate at Terminal 2 at 4:08pm, data from the airport and FlightAware, a global flight tracking site, showed. Of the 501 passengers on the flight, 275 were Taiwanese, including 96 group tour travelers, the data showed. Tourism Administration Deputy Director-General Huang He-ting (黃荷婷) greeted Taiwanese passengers at the airport and
POSSIBILITIES EMERGE: With Taiwan’s victory and Japan’s narrow win over Australia, Taiwan now have a chance to advance if South Korea also beat the Aussies Taiwan has high hopes that the national baseball team would advance to the World Baseball Classic (WBC) quarter-finals after clinching a crucial 5-4 victory over South Korea in a nail-biting extra-inning game at the Tokyo Dome yesterday. Boosted by three home runs — two solo shots by Yu Chang (張育成) and Cheng Tsung-che (鄭宗哲) and a two-run homer by Stuart Fairchild — the triumph gave Taiwan a much-needed second victory in the five-team Pool C, where only the top two finishers would advance to the knockout stage in Miami, Florida. Entering extra innings with the game tied at four apiece, Taiwan scored
MISSION OF PEACE: The foreign minister urged Beijing to respect Taiwan’s existence as an independent nation, and work together to ensure peace and stability in the region Minister of Foreign Affairs Lin Chia-lung (林佳龍) yesterday rejected Chinese Minister of Foreign Affairs Wang Yi’s (王毅) comments about Taiwan, criticizing China as a “troublemaker” in the international community and a disruptor of cross-strait peace. Speaking at a news conference on the sidelines of the Chinese National People’s Congress, Wang said that Taiwan has always been a territory of China and that it would be impossible for it to become its own country. The “return” of Taiwan to China was the natural outcome of the Chinese people’s resistance against Japan in World War II, and that any pursuit of independence was “doomed
One person was killed and another seven injured today when a tourist shuttle bus plunged 30m to 40m down a ravine in Nantou County, the Tourism Administration said. The bus is suspected to have suddenly accelerated out of control near the flower center of the Sun-Link-Sea Forest Recreation Area, a popular attraction during cherry blossom season. Of the eight onboard, a 66-year-old man was killed, four were seriously injured and three sustained minor injuries, including the driver. The Nantou County Police Department said it received a report of the incident at 12:15pm and dispatched seven teams to assist. All surviving passengers have been transferred