France's Iliad bids for T-Mobile controlling stake
Paris (AFP) July 31, 2014 -
French upstart telecom operator Iliad said Thursday it has bid for a controlling stake in US carrier T-Mobile, offering an alternative to a potential tie-up with rival Sprint.
Iliad said in a statement it proposed $15 billion for 56.6 percent of T-Mobile, which is controlled by Germany's Deutsche Telekom and is the fourth largest US wireless group.
The offer was described as 42 percent a ...
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US warns retailers on data-stealing malware
Washington (AFP) July 31, 2014 -
US government cybersecurity watchdogs warned retailers Thursday about malware being circulated that allows hackers to get into computer networks and steal customer data.
The Department of Homeland Security's Computer Emergency Readiness Team said retailers should step up defenses against the new malware dubbed "Backoff."
The government and security experts have found evidence of hackers ...
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EDF shares jump on strong first-half results
Paris (AFP) July 31, 2014 -
Shares in French electricity giant EDF rose by nearly two percent in trading on Thursday on strong first-half results owing to lower costs and increased nuclear production.
In mid-day trading, shares in EDF were up 3.02 percent to 24.19 euros. The French CAC 40 index was down 1.02 percent.
EDF announced net profits of 3.1 billion euros ($4.1 billion) in the first half of the year - up 8 ...
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Taiwan to shutter near-completed nuclear plant
Taipei (AFP) July 31, 2014 -
Taiwan's government said Thursday it would seal off a nuclear power plant due to open next year but repeatedly attacked as unsafe by the public, pending a referendum on its future.
Deputy economic affairs minister Woody Duh said maintenance fees could reach Tw$4 billion ($133 million) to shutter the power station for three years - the estimated time required to organise and hold the referen ...
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Westinghouse strikes deal to build Bulgaria nuclear reactor
Sofia (AFP) July 31, 2014 -
Bulgaria's outgoing government greenlighted on Thursday a last-minute deal with Toshiba's US nuclear engineering unit Westinghouse to build a new reactor at the country's Kozloduy nuclear power plant.
Energy is an extremely sensitive issue in the European Union's poorest country, which is seeking to wean itself away from almost total dependence on Russia for its gas and nuclear fuel imports ...
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Panasonic, Tesla to build giant battery plant in US
Tokyo (AFP) July 31, 2014 -
Japanese electronics giant Panasonic and US electric vehicle maker Tesla Motors said Thursday they will jointly build and operate a huge lithium ion battery plant known as the Gigafactory.
Under the deal, Tesla will run the operations at the proposed US-based plant, while its Japanese partner will make battery cells destined for the plant and invest in equipment and machinery, according to a ...
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Low-carbon pool growing in British economy
London (UPI) Jul 31, 2013 -
Renewable energy is gaining a foothold in the British economy following a banner year for green investments, the government said Thursday.
British Energy Secretary Ed Davey said more than $13.5 billion was invested in 2013 across a wide range of sectors in the renewable energy industry and it's starting to pay off.
"Renewable electricity has more than doubled in just four years - ...
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