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Nationwide profits rise to 1.3bn

2016-05-24 09:16:21| BBC News | Business | UK Edition

Nationwide building society says annual profits have risen to 1.3bn, citing strong mortgage lending and savings inflows.

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Spotify revenue and losses on the rise

2016-05-24 04:56:36| BBC News | Business | UK Edition

Streaming music platform Spotify sees revenue top 1.95bn euros ($2.2bn;1.5bn) over the past year, but has yet to make a profit.

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Norway's greenhouse gas emissions rise, despite promised cuts

2016-05-23 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: OSLO Norway's greenhouse gas emissions rose by 1.5 percent last year, lifted by the oil and gas sector and industry, making it harder for Oslo to keep promises of deep cuts to limit global warming, official data showed on Friday. Emissions rose to the equivalent of 53.9 million tonnes of carbon dioxide from 53.2 million in 2014, breaking several years of declines, and were above the 51.9 million in the benchmark year of 1990, preliminary Statistics Norway data showed. In the oil and gas sector,...

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Alberta court ruling may trigger rise in orphaned wells: Lawyers

2016-05-23 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Oil at the first phase of separation from the sand at the Suncor tar sands processing plant near at their mining operations near Fort McMurray, Alberta, September 17, 2014. CALGARY, Alberta Lawyers in Canada's energy capital Calgary warned on Friday that a judge's decision to grant lenders priority over environmental clean-up costs in oil and gas bankruptcies could lead to a surge in orphaned wells in Alberta. An Alberta chief justice ruled this week that proceeds from the sale of assets belonging...

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The rise and fall of Britain's steel industry

2016-05-22 01:19:55| BBC News | Business | UK Edition

The rise and fall of Britain's steel industry

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