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Statkraft to buy British renewable energy developer

Bloomberg Statkraft AS has signed an agreement to buy the London-based renewable energy developer Solarcentury Holdings Ltd, it said in statement. The 118 million-pound ($152 million) deal will hand the Norwegian state-owned utility six gigawatts of solar projects under development in Spain, the Netherlands, the UK, France, Greece, Italy and Chile. “This acquisition is in line with our strategy to ...

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Don’t invoke Bush v. Gore to challenge 2020 voting

There were already lawsuits challenging votes and voting procedures even on the Election Day. Some of them are invoking the Supreme Court’s 2000 decision in Bush v. Gore, which effectively handed that year’s presidential election to George W Bush. We should expect a lot more to come. Bush v. Gore is widely misunderstood. It rested on exceedingly narrow grounds. As ...

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BNP Paribas has had a good crisis

Diversification has been a blessing for BNP Paribas SA. France’s biggest bank is emerging from the economic carnage unleashed by the first wave of the pandemic better than competitors, even after losing money on derivatives. But absent a repeat of the buoyant trading markets we’ve seen this year, not even BNP can escape the pressures of souring debt and declining ...

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