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FUEL CELLS: Plug Power CEO: Soon Fuel Cells Will Be Everywhere, Really

  • Date: 08-07-19
  • Category: FUEL CELLS
  • Source: Forbes

Over the past five years Plug Power has installed more than 25,000 fuel cell units, including 5,500 units at 22 Walmart distribution centers. Indeed, the fuel cell industry may finally be getting some traction after a decade of slow adoption and technical frustration. The question now for companies like Plug Power is this: can they parlay survival into full-blown success? Plug Power’s CEO Andy Marsh is optimistic. I had a chance to catch up with Marsh recently and get his perspective on the ...

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MACROECONOMICS: BASF Profit Warning Ripples Through Economy From Cars to Crops

BASF SE fired a warning shot across industries, as the world’s largest chemical company said slowing markets from cars to crops and the impact of the U.S.-China trade war threaten to cut profit by 30% this year.

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NORNICKEL: Arctic’s biggest air-polluter distributes $3,7 billion in 2018 cash dividends to owners

  • Date: 08-07-19
  • Category: NORNICKEL
  • Source: The Barent Observer

The annual General Meeting of Shareholders in Norilsk Nickel approved the final dividends for 2018 at 792,52 rubles ($12,25) per ordinary share, in total about $1,9 billion. This comes in addition to the interim dividends of $1,8 billion already set aside for the first six months of 2018.

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ESKOM: Eskom to name acting CEO when Phakamani Hadebe steps down month end

  • Date: 07-07-19
  • Category: ESKOM
  • Source: Biz News

(Bloomberg) – South Africa’s struggling state-owned power utility will name an acting chief executive officer when incumbent Phakamani Hadebe steps down at the end of the month, according to a person familiar with the decision.

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ELECTRIC VEHICLES: Jaguar to make multi-million pound electric car investment in UK plant

LONDON (Reuters) - Britain’s biggest carmaker Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in its home market, in a major boost to a sector hit by a slump in diesel sales and Brexit uncertainty.

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FUEL CELLS: Toyota to supply hydrogen fuel-cell tech to China's FAW, Higer Bus

  • Date: 05-07-19
  • Category: FUEL CELLS
  • Source: Reuters

BEIJING (Reuters) - Toyota Motor Corp will supply key hydrogen fuel-cell parts to Chinese automakers FAW and Higer Bus, as the Japanese automaker tries to promote the technology it continues to view as superior to rapidly spreading battery-powered vehicles.

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AUTO SALES: Midsize SUV demand dips on CO2 pinch; electrification key to rebound

  • Date: 05-07-19
  • Category: AUTO SALES
  • Source: Europe Auto News

The urgent need to lower vehicle emissions in Europe ahead of tougher CO2 rules that start to take effect next year is hitting sales of midsize SUVs.

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INDIA: Government hikes import duty on gold, silver, platinum from 10% to 12.5%

  • Date: 05-07-19
  • Category: INDIA
  • Source: The Hindu

The government on Friday proposed to increase import duty on precious metals, including gold, silver and platinum, a move which will make them expensive in the domestic market. Finance Minister Nirmala Sitharaman said in her Budget speech that “it is proposed to increase custom duty on gold and other precious metals from 10% to 12.5%.”

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