Archive for August 1st, 2007

BMW goes tiny?

1st 2007f August, 2007, Peter

BMW is considering a new low-end vehicle to comply with carbon emissions reduction regulations.
“If built, the vehicle would help the German carmaker lower its mostly large-engined fleet’s average carbon dioxide emissions as European Union lawmakers push ahead with CO2-cutting laws.
According to people with knowledge of the project, BMW has ordered initial work on [...]

Algorithmic trading for commodities

1st 2007f August, 2007, Peter

According to a report in the FT, UBS is planning to launch a new automated trading fund for commodities.
“The UBS Commodities Portfolio Algorithmic Strategy System aims to fill a gap in the market between the long-only passive indices, such as the popular S&P GSCI – which has about $70bn tracking it – and services provided [...]

New biofuels

1st 2007f August, 2007, Peter

A recent report in The Economist describes a new biofuel, developed by scientists at the University of Wisconsin in Madison, which has some advantages over ethanol. Its main disadvantage seems to be that is is made from foodstuffs, rather than from the waste-products of food production.
“REPLACING carbon-rich fossil fuels with more environmentally friendly [...]