WATER

Sri Lanka floods threatens rice crop

Heavy monsoons and resultant floods have affected nearly 1-million people in the north central and eastern provinces of the island nation and have killed at least two dozen people. It is believed that more than 300,000 people have been displaced from their homes.
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Northumbrian Water interim profits up as revenue rises 5 pct

U.K.'s Northumbrian Water Group reported a higher profit for the first half as revenue rose 5 percent, and said it was well placed to maintain a strong financial performance. The provider of water and waste water services lifted its interim dividend by 7.5 percent to 4.72 pence.
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Pennon H1 pretax profit up 0.7 pct; pays 7.5 pence a share

British water company Pennon Group reported a 0.7 percent rise in its first-half pretax profit due to higher demand for water from summer usage and asset sale of its water utilities business South West Water but said looking forward, South West Water is well placed to outperform the assumptions for the K5 (2010-2015) period.
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Water, sanitation vital to poverty goals: U.N.

The lack of clean drinking water and sanitation in the world's poorest nations threatens U.N. goals to cut poverty and disease, and raises the risk of conflict, leaders and aid groups said on Wednesday.
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Azimut in a new avatar

Azimut 64, the next gen take on the popular flybridge yacht Azimut 62, is all about sleeker, sportier design and elegant finish. The whole design of the new flybridge is well balanced and space has been used optimally.
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Carbon dioxide emissions may threaten world's fish population

According to latest significant findings of a breakthrough research in Australia, baby fish may become easy meat targets for predators as the world's oceans become increasingly acidic due to rising carbon dioxide emissions from human activity.
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Petrobras boosts investments in deep-water push

Brazil's state oil company Petrobras announced on Monday a 29 percent investment hike over five years as it stepped up its campaign to tap some of the world's largest deposits of deep sea oil.
Credit:jimkirks(Flickr)

The anti-swine flu holy water dispenser

An Italian inventor, Luciano Marabese has combined faith and ingenuity to come up with a way to keep church traditions alive for the faithful without the fear of contracting swine flu -- an electronic holy water dispenser.
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Undersea telecoms cables face growing risks: report

Investors should urgently diversify the web of undersea cables that serve as the world's information and banking arteries to address soaring demand and piracy concerns and reduce the risk of catastrophic outages.
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U.S. business risks from volcano smolder

U.S. sellers of everything from cosmetics to cruises to car rentals were scrambling for options after a tower of ash from an Icelandic volcano turned much of Europe into a no-fly zone.

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