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Antitrust Commissioner David Gilo to resign in August amid gas disputes

2015-05-25 17:54:46| Oil & Gas - Topix.net

Antitrust Commissioner David Gilo announced on Monday that he would be resigning from his post at the end of August, amid disputes with government officials over competition in the natural gas market. "My decision stems from a number of considerations, primarily from the news that the government, in particular the Prime Minister's Office, the Finance Ministry and the Energy Ministry, would do all that they could to promote the outline formulated recently in the natural gas sector an outline that I am convinced will not bring competition to this important sector," Gilo said in a statement to the press Monday noon.

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Amid Restructuring, Blackberry Calls for More Layoffs

2015-05-24 23:02:08| PC Magazine Cell Phones Product Guide

Blackberry is laying off an undisclosed number of employees as it continues to consolidate its hardware, software, and applications businesses.

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US home sales slide in April amid listing shortage

2015-05-22 04:25:39| Real Estate - Topix.net

Sales of existing U.S. homes slipped in April due mainly to relatively few listings and rising prices, providing evidence of the housing sector's uneven recovery. The National Association of Realtors said Thursday that sales of existing homes fell 3.3 percent to a seasonally adjusted annual rate of 5.04 million.

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SSE to close ageing coal-fired Ferrybridge Power Station amid rising cost

2015-05-21 01:00:00| Power Technology

UK-based energy firm SSE has decided to close its coal-fired Ferrybridge Power Station by March next year.

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POSCO revs up reform drive amid alleged graft

2015-05-16 10:02:54| Steel - Topix.net

South Korea's top steelmaker POSCO Co. has shifted into emergency mode as the company strives to tide over what it sees as its biggest-ever crisis triggered by a prosecution investigation into a series of corruption allegations.

Tags: drive reform alleged amid

 

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