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EGA attains key milestone at Al Taweelah alumina refinery

Abu Dhabi / WAM The Emirates Global Aluminium (EGA) on Wednesday announced that production at its new Al Taweelah alumina refinery achieved nameplate capacity from bauxite to alumina for June, a major milestone in the ramp-up of the giant plant. The milestone was achieved just 14 months after alumina production began in April last year, a world-class performance. Alumina refineries ...

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Covid-19: UAE sends medical aid to Uruguay

Abu Dhabi / WAM The UAE on Wednesday sent an aid plane carrying seven metric tons of medical supplies to Uruguay to bolster the country’s efforts to curb the spread of Covid-19. This aid will assist approximately 7,000 medical professionals as they work to contain the coronavirus pandemic. Commenting on the aid delivery, Saeed Rashed Obaid Alzaabi, UAE Ambassador to ...

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Sunrun may become rooftop behemoth

Bloomberg Sunrun Inc, America’s biggest rooftop-solar company, is set to become a behemoth through its $1.46 billion takeover of a major rival, Vivint Solar Inc. The agreement, subject to approvals, is one of the industry’s biggest, following Tesla Inc’s 2016 purchase of debt-plagued SolarCity, as well as the failed 2015 acquisition of Vivint by SunEdison, the clean-energy giant that went ...

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UK green economy push faces pressure from networks

Bloomberg Britain’s energy regulator is under pressure to ensure it helps network operators like National Grid Plc finance the transition to a low carbon economy without passing the costs on to consumers. Investment in the green transition is key to the country hitting its climate targets but it won’t come cheap. Ofgem will unveil on Thursday its draft price control ...

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Oil-sands explorers hit 20% of ‘output’

Bloomberg At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to 1 million barrels a day of output. Cenovus Energy Inc, Husky Energy Inc and Baytex Energy Corp are among companies that have resumed shut-in production as prices rise above $40 a barrel. Imperial ...

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Facebook, Zuckerberg disappoint once again

Facebook Inc still doesn’t get it. A widely anticipated meeting between the social media giant and the civil rights groups behind the recent Facebook ad boycott — including the Anti-Defamation League, NAACP and Color of Change — did not go well. The New York Times reported CEO Mark Zuckerberg and COO Sheryl Sandberg met for about an hour on a ...

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Fight over virus vaccine will get ugly

For most people, a vaccine against the coronavirus can’t come soon enough, as it will be the only tolerable way to achieve herd immunity. So it’s encouraging that more than 100 drug candidates in 12 countries are in development, and eight are already entering clinical trials. To accelerate the process, some people are heroically volunteering to expose themselves to infection. ...

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Now, Britain wants to juice housing market

The English are obsessed with owning property but Boris Johnson’s government worries that they’ve not been buying nearly enough houses lately. As elsewhere, the UK housing market was put into suspended animation for several weeks to help contain Covid-19. Now Johnson’s finance minister, Rishi Sunak, apparently plans to put a rocket under the market by temporarily scrapping transaction taxes — ...

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Trump’s ‘law and order’ gambit isn’t crazy at all

The politics of “law and order” have long been a repository of cultural and racial grievance. In his 1999 book, “From George Wallace to Newt Gingrich: Race in the Conservative Counterrevolution, 1963-1994,” Dan T Carter, a celebrated historian of the American South, describes a pioneering political advertisement from Wallace’s 1970 campaign for governor of Alabama: Radio spots depicted the dramatic ...

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Merkel calls for EU solidarity to tackle historic challenges

Bloomberg Chancellor Angela Merkel urged the European Union to pull together to face the historic challenges stemming from the coronavirus and changes threatening the bloc’s economic standing. In Brussels after Germany assumed the six-month rotating EU presidency this month, Merkel called for solidarity to tackle the pandemic as well as the risks posed by climate change and the transition to ...

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