Honda reports profit drop on yen declining US India sales

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TOKYO — Japanese automaker Honda has reported a 29% decline in fiscal first quarter profit as an unfavourable currency exchange and declining auto sales in the U.S. and India hurt earnings.Tokyo-based Honda Motor Co. reported Friday its April-June profit totalled 172.3 billion yen ($1.6 billion), down from 244.3 billion yen.Quarterly sales dipped 0.7% to nearly 4 trillion yen ($37 billion).Honda, which makes the Accord sedan, Odyssey minivan and Asimo robot, said both auto and motorcycle sales declined during the quarter on-year.Honda lowered its profit forecast for the fiscal year through March 2020 to 645 billion yen ($6 billion), down from an earlier forecast of 665 billion yen ($6.2 billion).But the latest projection is better than the 610 billion yen Honda earned the previous year.The Associated Press read more

Methane detection at a distance

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first_imgThe second generation LaserMethane mini Gen2 from Crowcon is changing the way methane can be detected. Using laser technology, LaserMethane mini Gen2 (LMm) allows users to reliably and accurately detect methane, at a safe distance. They can get results in seconds by simply pointing the laser beam towards the suspected source. The concentration of methane is measured by detecting the difference between the light emitted and the light received.In order to achieve high detection sensitivity and selectivity for methane, LaserMethane mini Gen2 uses a wavelength that both exhibits maximum adsorption and is unique to methane. The methane column density is the concentration of methane between the detector and the target and is the product of the concentration of the methane cloud (ppm.m) and path length through the cloud (metres) and is reported in units of ppm.m.last_img read more