European Trading

Ascari European Race Car


Ascari, the same company that is creating the fastest car in the UK, have revealed details of their newest project. Called the A10, this is a 600 bhp, road-going version of Ascari's Spanish GT Race Car.

So far, a single yellow example has been completed and is being extensively tested before the regular production version is revealed in 2006. Engineers at Banbury, and the exclusive Race Resort Ascari racetrack, are committed to ensuring this 220mph supercar delivers world-class performance similar to other independents such as Pagani, Koenigsegg and Mosler.

Power will come from a modified BMW M5 engine with a six speed manual as standard or a sequential gearbox available as an option. With its wide carbon fibre body and matching fixed rear wing, the A10 more dramatic compared to the KZ1 it's based off.

You can read more about this on BusinessWeek's article Europe's Newest Supercar
And Concept Carz info.


--- In The European News:

British Report Backs More Carbon Trading
Commissioned by Britain's government, an economist's report on climate change calls for the global expansion of the European Emissions Trading Scheme

The European Emissions Trading Scheme (ETS) should be expanded on a global scale, according to a landmark UK report on the costs of climate change that also calls on the world to act now or face dire consequences
...


---

Deutsche Bank's 3Q Profit Rises
By MATT MOORE AP Business Writer
© 2006 The Associated Press

FRANKFURT, Germany — Deutsche Bank AG said Wednesday that its third-quarter net profit rose by 25 percent, helped by gains that included an insurance settlement related to the Sept. 11 terrorist attacks, even as its trading revenue fell.

Germany's biggest bank earned euro1.24 billion (US$1.57 billion) in the July-September period, compared with euro991 million a year earlier, better than the euro1.04 billion (US$1.32 billion) that analysts polled by Dow Jones Newswires had expected
...

posted by IntoBlogs @ 1:44 PM,

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