India's ONGC signs deal with Japan's Mitsui OSK to build ethane carriers
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Daily Mail
an hour ago
- Daily Mail
America's largest airport reveals 'plan' to build NUCLEAR REACTOR on its land
America's largest airport by size is reportedly considering plans to build a nuclear reactor on its sprawling 33,500-acre property. Denver International Airport CEO Phil Washington, 67, made the shocking revelation during a recent Future of Aerotropolis event hosted by local business publication, Business Den. Washington, a former pick to lead Joe Biden 's FAA before he withdrew under heavy Republican criticism over the airport's safety record, told the panel discussion the he was seriously considering a 'small modular reactor' to meet growing energy demands. 'When we think about capacity and electricity and power, the development that's going on out there, we need to be thinking about this,' Washington said, according to Business Den. 'And so this is something that is imminent, that I plan to bring forward, for a study on how we can do this.' The project comes as the largest airport in the US by land area works to attract private development on its property. When asked whether those development efforts were in the early or later stages, Washington said they might be in the 'bottom of the first.' 'I think we have warmed up,' he said. 'We have finished our warmups. And we might be in the first inning, bottom of the first.' In 2023, Washington, who has served as DIA CEO since 2021, withdrew himself from being considered for former President Biden's pick to head the Federal Aviation Administration (FAA). He did so after facing criticism for his lack of aviation experience amid six high-profile near-miss collisions earlier this year. Washington's nomination was announced by the White House the year prior. But the decision was quickly met with pushback from Republican lawmakers questioning the then 65-year-old's credentials. Critics against Washington's ascension to top aviation regulator also cited his potential legal entanglements. These include questions about his connection to a corruption investigation in Los Angeles while heading the county's MTA. Since then, Washington assumed the role of chief executive of Denver International, with Biden tapping him for the all-important role this past July. Washington's current post is his only involving aviation in a more than four-decade career. Interest in nuclear energy is growing across the country as states look for cleaner ways to power their communities. In New York, Democratic Governor Kathy Hochul recently directed the state's power authority to build a new zero-emission nuclear plant upstate. Washington, a former pick to lead Joe Biden 's FAA before he withdrew under heavy Republican criticism over the airport's safety record, told the panel discussion the he was seriously considering a 'small modular reactor' to meet growing energy demands This would be the first in a generation. In Colorado, Democratic Governor Jared Polis signed a new law in April that labels nuclear as a 'clean energy resource.' This means future plants could now qualify for state funding alongside wind and solar. And in Texas, Republican Governor Greg Abbott has gone even further creating a new state nuclear energy office and investing $350 million to expand nuclear power.
Reuters
2 hours ago
- Reuters
China's market regulator holds symposium on fair competition
BEIJING, July 9 (Reuters) - China's market regulator held a symposium on fair competition on Wednesday, with eight companies including tech firm NetEase, carmaker Great Wall Motor and express delivery company S.F. Holding in attendance. Regulators will strengthen their fair competition review, enhance antitrust supervision and enforcement, and improve the efficiency of investment and M&A reviews, the State Administration for Market Regulation said in a statement posted on its social media account.
Reuters
2 hours ago
- Reuters
Top Turkish officials to visit Pakistan Wednesday, source says
ANKARA, July 8 (Reuters) - Turkey's foreign and defence ministers will visit Pakistan on Wednesday for talks with Prime Minister Shehbaz Sharif to discuss bilateral ties, regional issues, and defence industry cooperation, a Turkish diplomatic source said on Tuesday. Turkey has strong ties with Pakistan and expressed solidarity with it during its military conflict with India in May, angering India. During the visit, Foreign Minister Hakan Fidan will express Turkey's desire to deepen ties in every field and offer Ankara's support in taking steps toward regional peace, the source said. Fidan will stress the countries "need to strengthen their cooperation in the defence industry," the source said. Ankara also has cordial ties with India, but after its support for Pakistan, small Indian grocery shops and major online fashion retailers boycotted Turkish products, while New Delhi also cancelled Turkey-based aviation service provider Celebi ( opens new tab clearance over "national security" reasons.
