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Strong business confidence means sunny December for Australian businesses, says D&B (hold the barramundi)
If only confidence was a tangible commodity, like coal or iPhones or barramundi. Because Australian businesses appear to be investing heavily in it. Confidence about sales, profits and capital investment are heady and strong for the final quarter of 2010, according to Dun & Bradstreet's latest National Business Expectations Survey. This could indicate a sunny December for Australian business.
Better Place, an ambitious, venture capital backed company, is building electric car infrastructures targeting major cities around the world. The idea is simple yet constitutes a radical departure from conventional wisdom – instead of stretching the technological limits of a battery’s life, Better Place is constructing a network of battery swap stations that will allow electric cars to replace its depleted battery for a new one in less than 60 seconds.