Bloomberg One of the UK’s biggest wind farm developers will combine three offshore wind projects into one massive development, making it more likely the venture will move ahead. Iberdrola SA’s Scottish Power Renewables’s decision means it will consider all the work on a facility with 3.1 gigawatts (GW) of capacity as a single project. The East Anglia wind farms would ...
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China’s solar ‘wobble’ drags down growth
Bloomberg Slumping solar development in China is hobbling growth worldwide. While worldwide installations are still forecast to rise this year, BloombergNEF lowered its global outlook 6% from its previous forecast as an anticipated building boom hasn’t materialised in China, the world’s biggest clean-energy market, according to a report. BNEF now expects 121 gigawatts of solar to be installed globally. “China, ...
Read More »Google fires four employees including protesting staffer
Bloomberg Google fired four employees for what the technology giant said were violations of its data-security policies, escalating tension between management and activist workers at a company once revered for its open corporate culture. Alphabet Inc’s Google sent an email describing the decision, titled “Securing our data,†to all employees, according to a copy of the document obtained by Bloomberg ...
Read More »Striking rail workers in Canada served with lay-off notices
Bloomberg Workers are receiving lay-off notices and chemical companies face shutdowns as the effects of Canada’s largest rail strike in a decade ripples through the economy. The strike by about 3,200 conductors and railyard operators at Canadian National Railway Co (CN) is entering its seventh day, disrupting cargoes of everything from wheat to propane. In Halifax, Nova Scotia, on Canada’s ...
Read More »Jewels worth $1.1 billion stolen from historic German museum
Bloomberg Thieves made off with jewellery and artifacts worth a reported $1.1 billion after an early-morning burglary at a German museum. The robbers stole three sets of jewellery from Dresden’s Grunes Gewolbe — or Green Vault — after entering through a window just before 5 am local time on November 25, Joerg Kubiessa, the head of Dresden’s police, told reporters. ...
Read More »UK to reduce reliance on China’s Huawei
Bloomberg Britain’s dominant phone company is looking for a new broadband equipment supplier to reduce its reliance on China’s Huawei Technologies Co as it prepares to connect millions of homes to optic fibre. BT Group Plc’s infrastructure division Openreach has started an evaluation process to seek a third strategic vendor alongside Huawei and Finland’s Nokia Oyj for the full-fibre roll-out, ...
Read More »Intel seeking buyers for its chips unit
Bloomberg Intel Corp is seeking buyers for its connected home division, a unit that makes chips used in home internet access gear, according to people familiar with the matter. The chipmaker has hired a financial adviser and is seeking to sell the unit that has annual sales of about $450 million, said the people, who asked not to be identified ...
Read More »Londoners take to canal boats to beat high property costs
Bloomberg In London, which suffers from one of the most expensive property markets in Europe, thousands have found alternative housing for less than the cost of a parking space — though it helps if you can repair an engine or plug a leaky hull. Narrowboats, which aren’t much wider than a king-sized bed, have gained in popularity for those willing ...
Read More »Lam offers no new concessions, risking more violence in HK
Bloomberg Hong Kong leader Carrie Lam didn’t make any new concessions to protesters after pro-democracy forces won a landslide in local elections, a move that risks leading to further violence after months of unrest. The comments on Tuesday came during her first weekly briefing since an overwhelming majority of voters delivered a strong rebuke of her administration and its backers ...
Read More »13 soldiers killed in Mali helicopter crash
Bloomberg French president Emmanuel Macron said 13 soldiers died in a helicopter accident on November 25 during an anti-terrorism operation in Mali. The accident occurred during a military operation against extremists, the French Presidency said in a statement. The accident raises the death toll in France’s anti-terrorism military operation in the Sahel region to more than 30. France started military ...
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