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oil exploration platform Bluewhale 1

China launches world’s biggest offshore oil exploration platform

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China has launched what it claims is the world's biggest and deepest offshore oil exploration platform. Called Bluewhale 1 - the drilling rig is specifically...
China

China’s banking system is now the world’s largest by assets

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The Chinese banking system is now the world’s largest by assets. Chinese bank assets rose to $33 trillion at the end of 2016, surpassing $31...
British Airways Boeing 747

British Airways reducing average legroom by 1 inch on some of its short-haul flights

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British Airways is reducing average legroom by 1 inch per seat on some of the planes used for short-haul flights. The airline is reportedly adding...
Amazon Echo

Amazon adding phone call and intercom functionality to new Alexa devices, report suggests

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Amazon is reportedly working on new Alexa homes speaker devices featuring phone call and intercom functionality. A report by Recode, citing sources close to the...
rooftop solar power Amazon warehouse

Amazon installing rooftop solar power on its warehouses

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Amazon has begun installing rooftop solar power atop its warehouses with the intention of completing at least 50 such installations by 2020. The online retail...
Philip Hammond

UK to spend an extra £500m a year on technical skills training

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The UK government is committing an extra £500m a year to improve technical skills training, an effort to offset the lack of EU workers ahead...

Google developing a new Pixel smartphone for 2017

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Google has confirmed that it’s developing a new Pixel smartphone for 2017. The tech giant’s first foray into the smartphone market proved to be a...
PSA GROUPE_GM_OPEL_ACQUISITION

PSA Group supervisory board approves Opel and Vauxhall takeover

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France's PSA Group will become the second largest automaker in Europe, knocking Renault down to third place, after striking an agreement with the U.S....
Hamburg port

China is Germany’s biggest trading partner

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China has overtaken the United States and France to become Germany's biggest trading partner for the first time. Preliminary figures from the German Federal Statistical...
oculus

Oculus announces $200 price drop on the Oculus Rift hardware bundle

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Oculus is addressing one of the main barriers preventing people from making the VR jump: its high cost. The Facebook-owned VR company announced a massive...