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Apple scraps $1 billion Irish data centre over planning delays

May 10, 2018 admin Comments Off on Apple scraps $1 billion Irish data centre over planning delays

Apple (AAPL.O) ditched plans to build an 850 million euro (743 million pounds) data centre in Ireland because of delays in the approval process that have stalled the project for more than three years, the iPhone maker said on Thursday. Apple announced plans in February 2015 to build the facility in the rural western town of Athenry to take advantage of green energy sources nearby, but a series of planning appeals, chiefly from two individuals, delayed its approval. Ireland’s High Court ruled in October that the data centre could proceed, dismissing the appellants who then took their case …read more […]

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Trump gives freed Americans flag-waving, wee-hours welcome

May 10, 2018 admin Comments Off on Trump gives freed Americans flag-waving, wee-hours welcome

Staging a made-for-TV, still-of-the-night arrival ceremony, President Donald Trump welcomed home three Americans freed by North Korea and declared their release a sign of promise toward his goal of denuclearizing the Korean Peninsula. Trump also thanked North Korea’s Kim Jong Un for releasing the Americans and said he believes Kim wants to reach an agreement on denuclearization at their upcoming summit. First lady Melania Trump, Vice President Mike Pence, Secretary of State Mike Pompeo and other top officials joined Trump to celebrate the occasion at Joint Base Andrews near Washington. …read more […]

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Alstom signs $3 billion agreement with GE to exit energy joint ventures

May 10, 2018 admin Comments Off on Alstom signs $3 billion agreement with GE to exit energy joint ventures

The three joint ventures, in grid, nuclear and renewable assets, were created as part of Alstom’s 12.35 billion euro sale of its energy business to General Electric in 2015. “Alstom intends to exercise its options to sell its interests in the ‘Renewables’ and ‘Grid’ Joint Ventures in 2018,” the company announced in a statement. The exercise of these options between September 4 and 10 would imply General Electric had exercised its option to acquire Alstom’s interest in the “nuclear” joint venture, it said. …read more […]

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GM agrees to stake lock-in, make South Korea regional HQ in rescue deal for unit

May 10, 2018 admin Comments Off on GM agrees to stake lock-in, make South Korea regional HQ in rescue deal for unit

SEOUL (Reuters) – General Motors will stay in South Korea for at least 10 years and set up its Asia-Pacific headquarters in the country, government officials said on Thursday, revealing terms of a deal aimed at rescuing the U.S. automaker’s struggling GM Korea unit.

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RBS reaches $4.9 billion deal to settle U.S. mortgage bond investigation

May 10, 2018 admin Comments Off on RBS reaches $4.9 billion deal to settle U.S. mortgage bond investigation

WASHINGTON/BOSTON/LONDON (Reuters) – Royal Bank of Scotland has agreed to pay a smaller-than-expected $4.9 billion to resolve a U.S. investigation into its sale of mortgage-backed securities, paving the way for a long-awaited return of cash to UK taxpayers who bankrolled its post-crisis survival.

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