According NASA officials the next generation spacesuits are going to be developed by a company called Oceaneering International Inc. It is interesting to note that Oceaneering is famous for creating products for oil and gas industry and providing services for deep water operations.

NASA beat out Exploration Systems and Technology, which is a company owned by ILC and Hamilton Sundstrand. The later is a subsidiary of United Technologies and it has been the main contractor for creating spacesuits for Houston-based company since 1960s.

It was 63 years ago today that the United States detonated the very first atomic bomb. Three weeks later, the only two A-bombs dropped in warfare destroyed Hiroshima and Nagasaki, Japan. Many nuclear -- and thermonuclear -- bombs have been tested since. It is necessary for all to reflect. What will be further???..........

According to a report in New Scientist, Nicola Pugno of the Polytechnic of Turin in Italy has calculated how many nanotubes would be needed to support a person, taking into account small defects that develop in the tubes during manufacture.

When held 5 micrometres apart, to keep them invisible, they would form a cable only 1 centimetre in diameter weighing a mere 10 milligrams per kilometre.

Two brewer companies, Anheuser-Busch, based in United States, and InBev, a Belgium firm, reached an agreement that would set up a new beer maker, which is believed to be the largest in the world.

InBev's takeover bid totals $52 billion. Anheuser accepted the offer of the Stella Artois beer maker. The newly established company is going to be called Anheuser-Busch InBev. It is worth mentioning that the U.S.-based Anheuser-Busch is the producer of America's most popular Budweiser. The takeover has faced criticism from some of the U.S. politicians, due to the fact that the company is going to be taken over by a foreigner.

On Monday, July 7, 2008, the Japanese electronics corporation, Canon, stated that it looks forward to build a new plant for producing digital cameras as the competition between domestic and foreign companies intensifies.

In a statement the company mentioned that it would invest 17.4 billion yen, which is about 163 million dollars in the factory. It is worth mentioning that the factory will be built in Nagasaki, in western Japan and it ill be used for making compact and single-lens reflex digital cameras.

Officials from All Nippon Airways Co, mentioned that the company looks forward to acquire whether five Airbus A380s or other aircrafts meant for long-term routes. The company's spokeswoman, Nana Kon, stated that Japan's second-largest international airline and the country's number one domestic airline set up a team which is going to decide on the aircraft that ANA will buy.

"We have several options including the A380, from which we plan to choose the optimal equipment," Kon said. Besides, ANA also considers the acquirement of such jets as Boeing 787 and 747.

The shares of General Motors registered a downfall to their lowest mark in over 53 years, raising concerns regarding the future of the car maker. A warning for General Motors came from the investment bank Merrill Lynch, which said that the company might become bankrupt and that it needs to raise funds.

 
The company's sales fell down critically due the fact that consumers from the United States decided to save on spending and high cost for the fuel, switching to cars that are smaller and more cost-effective. The company's shares hit $9.96, before they closed down 15 percent at $9.98 on Wednesday, July 2. Such share price is the lowest since September 1954, the period when the GM stock fell down to $9.92.

Mozilla Firefox was officially registered in the Guinness book of records as the most often downloaded software in a 24-hour period. The final result was 8,002,530 downloads of the Firefox 3.0 Internet browser. The results were registered in June.

"The enthusiasm and creativity of Firefox fans was key to making this happen," outlined the marketing director Paul Kim. The representative of Guinness World Records, Gareth Deaves, commented on the achievement of Firefox, calling it "an extremely impressive accomplishment." The official number was announced after the inspection of the logs from download servers, which ensured that duplicated and canceled downloads are not calculated.

Today NASA's Glast mission is going to launch a space telescope the goal of which is to spot the most violent events that take place in the universe. The telescope will be launched from Cape Canaveral air force station, located in Florida.

NASA hopes its new mission will help search the universe for gamma rays. It is worth mentioning that the gamma rays are emitted by the black holes, as well as amalgamation of neutron stars and streams of hot gas that travel through the universe at enormous speeds.

The new observatory costs $690 million and it is expected to take images of the gamma rays, thus providing answers about the source of cosmic rays, as well as the answer to how black holes are able to accelerate huge jets of material to a speed that is close to the speed of light.

Today, June 11, 2008, the prices for oil in Asian countries have registered a record-high mark. It is the time when the American currency registers a little weakening against the European Euro. Despite this fact traders consider that the oil market will show some instability, being guided by supply concerns as well as the movement of currency.

The electronic trading at the New York Mercantile Exchange in Singapore showed a 57 cents increase of crude oil price, reaching a mark of $132 a barrel. The results arrived Tuesday, June 10, after the contract sank $3.04 to reach a level of $131.31 a barrel on dollar's improvement and viewpoints regarding slower demand after the government of the United States cut its oil consumption plans.