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TAG Heuer enters Silicon Valley

  Bloomberg TAG Heuer will open an office in Silicon Valley, marking the first time a big Swiss watchmaker has expanded into the cradle of the US technology sector and cementing its smartwatch alliance with Google and Intel Corp. The office, which opened Nov. 1 and is located on Intel’s campus in Santa Clara, California, will house about a dozen ...

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IMF in Ukraine with tough demand for new loan

  AFP An International Monetary Fund team arrived in Kiev on Thursday to check on cash-strapped Ukraine’s books and set out a series of tough conditions for the disbursement of further loans. The IMF approved a $17.5-billion (15.8-billion-euro) rescue package for the war-scarred former Soviet republic in 2015 to help it recover from two years of savage recession and allow ...

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Egypt inks $662 million solar deals amid currency crunch

  Bloomberg Egypt has agreed to buy about 400 megawatts of solar capacity, a sign that developers are slowly moving forward with clean-energy projects after a currency crisis in the country this year slowed the industry. The power-purchase contracts are worth about 600 million euros ($662 million), according to Mohamed Salah El Sobki, executive chairman of Egypt’s New and Renewable ...

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