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China: Auto Industry to Face Restraints (New York Times) - China announced measures to restrain the rapid expansion of its automobile industry, saying the sector could face a serious overcapacity problem if trends continued. The National Development and Reform Commission, the country?s top economic planner, called improving the industry?s structure an urgent task. Auto sales in China, the world?s second-largest auto market after the United States, jumped ...

Industry group gives scientists the go-ahead for genetically engineered peanuts (USA Today) - A leading industry group has given scientists the go-ahead to build genetically engineered peanuts that could be safer, more nutritious and easier to grow than their conventional version. The work could lead to peanuts that yield more oil for biofuel production, need less rainfall and grow more efficiently, with built-in herbicide and pest resistance traits that have already been engineered into ...

Iran says oil industry hit by US pressures (AFP via Yahoo! News) - Oil Minister Kazem Vaziri Hamaneh has lamented that the development of Iran's oil industry was suffering from US pressure.

Ownership changes show industry decline (Minneapolis-St. Paul Star Tribune) - The sale of the Star Tribune to a private equity firm is part of a major reshaping of the newspaper industry that has closed some of the most storied papers in the country and led to many others changing hands. Still, the deal caught those in the industry by surprise. As the McClatchy Company's flagship newspaper, the Star Tribune was not viewed as a target. That the buyer, Avista Capital ...

Strategy for Russia's Space Industry to Be Drafted in 2007 - Roscosmos (RedNova) - MOSCOW. Dec 26 (Interfax-AVN) - The Russian Federal Space Agency (Roscosmos) has begun drawing up a development strategy for Russia's space exploration industry until 2040, Roscosmos head Anatoly Perminov told journalists on Tuesday.

Democrats taking aim at oil-industry tax breaks (Minneapolis-St. Paul Star Tribune) - WASHINGTON - House Democrats in the first weeks of the new Congress plan to establish a dedicated fund to promote renewable energy and conservation, using money from oil companies. That's only one legislative hit the oil industry is expected to take next year as a Congress run by Democrats is likely to show little sympathy to the cash-rich, high-profile business. Whether the issue is rolling back ...

Mechanization has changed meatpacking industry (La Crosse Tribune) - MINNEAPOLIS — The meatpacking industry that Jack Cagle knew is gone. Cagle, 76, a retired meat inspector for Swift & Co., could hardly believe it was his old company where workers were led out in handcuffs two weeks ago during an immigration raid.

China to slow auto industry's growth (drive.com.au) - China announced measures on Tuesday to restrain the rapid expansion of its automobile industry, saying the sector could face a serious overcapacity problem if trends continued.

Despite laws, gay wedding industry booms (USA Today) - Even as lawmakers across the nation debate legislation banning same-sex marriage, couples are uniting in weddings both miniature and massive, fueling a growing industry peddling everything from pink triangle invitations to same-sex cake toppers.

Music industry's lone hope: Cell phone (rediff.com) - The mobile industry, with over 136 million subscribers and a 4 million new users adding up per month, is expected to turn the tides for the music industry.

 
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