Meyer Burger Halts Solar Plant in Colorado, Plans Restructuring

ZURICH, Aug 26 Reuters Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it announced restructuring measures and suggested profitability would be lower than previously expected. Meyer Burger Technology AG announced today that the planned construction of a solar cell production facility in Colorado Springs, Colorado, […]
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Belgiums UCB to Sell China Neurology, Allergy Business for 680M

Acquisition includes antiallergy medicines Zyrtec and Xyzal Deal expected to close in fourth quarter UCB to focus on innovation and partnerships PARISSINGAPORE, Aug 26 Reuters UCB, a Belgian biopharmaceutical firm, said on Monday it would sell its Chinese neurology and allergy business to Singaporebased asset management group CBC and Abu Dhabi sovereign investor Mubadala for […]
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Uber Fined in Netherlands for Sending Drivers Data to US

AMSTERDAM, Aug 26 Reuters Ridehailing platform Uber has been fined 290 million euros 324 million in the Netherlands for sending the personal data of European taxi drivers to the United States in violation of EU rules, Dutch data protection watchdog DPA said on Monday. Uber has stopped the practice, DPA added. This flawed decision and extraordinary […]
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Australian Homeowners Struggling to Afford Insurance as Climate Risks Grow, Report

SYDNEY, Aug 26 Reuters Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up their premiums, potentially putting billions of dollars in mortgage loans at risk, a report said on Monday. As of March 2024, 15 of Australian households were experiencing home insurance affordability stress, which is […]
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S.Korea to Advance EV Battery Certification Scheme after Fires

SEOUL, Reuters South Korea39;s government and ruling party have agreed to move up an electric vehicle battery certification programme, the party said on Sunday, as authorities seek to alleviate public safety concerns after a series of fires involving EVs. The government will start the battery certification scheme in October, earlier than scheduled, to help guarantee the […]
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