Shenhua Bidding On Mongolian Coal Project

A consortium made up of Shenhua group and Japanese firm Mitsui & Co. Are among the last six bidders to develop the Tavan Tolgoi coal mine, one of the world biggest undeveloped deposits, just across the border from China in Mongolia.

CDIG Investing In Tanzania Wind Farm

Dalian International Economic and Technical Cooperation Group (CDIG) has expressed interest in developing a wind farm project in the Singida region of Tanzania. The project would have the potential of producing 600 MW of electricity upon its completion, though it will begin by generating 100MW. The project is estimated to…

Isle Of Man's E-gaming Industry Expected To Double In 2011

Garth Kimber, head of E-gaming development on the Isle of Man says he expects the size of the local industry to double in 2011. E-gaming accounts for 5% of the island economy, with 24 companies set up and another 22 in the process of establishing themselves. These companies include Asian…

UK MP Attacks Barclay’s Offshore Services

On January 17, the rhetorical battle against offshore services went up a notch, when Chuka Umunna, a labor MP since 2010, called on Barclay banks to close or reduce the number of its offshore subsidiaries, including 30 in the Isle of Man, 38 in Jersey and 181 in the Cayman…
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