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In the papers today - 1 December

Airbus plans to give about half the work on its planned A350 XWB jet to independent suppliers and will encourage them to use subcontractors in China. The move is likely to prompt job cuts and factory closures at its plants in Europe - International Herald Tribune
Abu Dhabi plans to build the world's first Ferrari theme park. Ferrari World will headline the transformation of Yas Island in the Gulf into a luxury tourist destination - International Herald TribuneDouble-decker trains and more use of existing rail networks are proposed by government adviser Sir Rod Eddington in his report on tackling Britain's creaking transport system. It will support a new high-speed rail link from the English Channel to the north of England - The IndependentFour million motorists will drink and drive over the festive period according to research by Churchill Insurance - The IndependentThe Conservative Party has signalled its support for road pricing, but has stepped back from supporting a national road pricing scheme. Instead it supports local charging schemes and more motorway tolling - The Daily TelegraphMan will need to venture far beyond Earth to ensure the long-term survival of our species, says Professor Stephen Hawking. The Cambridge University cosmologist said that spacecraft propelled by the kind of technology popularised by Star Trek would be needed to colonise hospitable planets - The Daily TelegraphThe president of the Royal Institution of British Architects Jack Pringle has warned that the London 2012 Olympics risks being turned into the 'tarmac and plasterboard' Games because the way the contracts are procured is sacrificing design excellence - The GuardianThames Water reported that first-half profits have slumped by almost a quarter because of increased spending on its ageing network of pipes. Interim pre-tax profits fell by £29M from £122.3M to £93M, while net capital expenditure rose almost £50M to just under £277M - The GuardianBattersea Power Station has been sold for 40 times what its last owner paid for it, even though it is still derelict and undeveloped. Victor Hwang's Oriental Property company sold the landmark for £400M to Irish developers Johnny Ryan and Richard Barret - Financial TimesThe total costs associated with the London 2012 Olympics could hit £12bn, said Don Evans, chief executive of the civil infrastructure group at CH2M Hill, which is part of the Olympic delivery partner consortium - Financial Times A Norfolk night club has been fined £90,000 for 'putting profit over safety' and exposing more than 70,000 people to asbestos. The owners of the Atlantis Arena club in Great Yarmouth were warned in 2004 that the deadly dust had been found in the club's dancefloor ceiling but had kept the club open for another 11 months - Financial TimesNasa plans to build a radiotelescope on the Moon as part of its planned 2018 lunar mission. Mike Griffin, the head of the US space agency, said that construction of the massive telescope was being 'factored into' the mission - Financial Times

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