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Remontowa cuts steel on BC Ferries third new Intermediate-class ferry

2015-07-10 01:00:00| Ship Technology

British Columbia Ferry Services (BC Ferries) has marked a significant milestone in the construction of its third, new, Intermediate-class ferry (ICF) with the first steel-cutting ceremony.

Tags: steel cuts ferry ferries

 

UK budget cuts for climate levy slash share prices in Drax Power Station

2015-07-10 01:00:00| Power Technology

The ending of climate change tax exemptions in the UK has caused a 28% drop in share prices for Drax Power Station, North Yorkshire, which had been making efforts in shifting to renewables and replacing amounts of coal burned with wood pellets.

Tags: power share prices station

 
 

IMF cuts global growth forecast

2015-07-09 16:44:27| BBC News | Business | UK Edition

The International Monetary Fund cuts its global economic growth forecast for this year, blaming a slowdown in the US.

Tags: global growth cuts forecast

 

Microsoft Tips Big Job Cuts, Mostly in Phone Business

2015-07-08 18:01:15| PC Magazine Cell Phones Product Guide

"I don't take changes in plans like these lightly," CEO Satya Nadella said in a memo.

Tags: business phone big tips

 

Microsoft writes off $7.6 billion Nokia purchase, cuts 7800 jobs

2015-07-08 17:50:14| Extremetech

Microsoft has just announced that its writing off its entire Nokia purchase and laying off nearly 8000 people. Nokia, at least as it used to exist, is effectively dead.

Tags: jobs purchase microsoft nokia

 

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