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Companies 16th February 2012

Iberdrola to upgrade UK electricity grid by more than 2,000 MW

Through its subsidiary ScottishPower and National Grid, Iberdrola on Thursday announced the award of a £1bn contract to Siemens and cable manufacturer Prysmian, in order to build the first ever sub-sea electricity link between Scotland and England, Wales. The major grid upgrade will increase the capacity of electricity flowing between England and Scotland by more than 2,000 megawatts (MW), allowing new renewable energy projects to be developed in Scotland that could…

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World economy 20th December 2011

Japan, Asian real estate private equity funds’ favourite destination

Although the first signs of uncertainty have begun to emerge on the Asian continent with listed real estate companies trading at discounts, real estate fundamentals remain largely trusted. From the macro-economic perspective, Asian giants, China and India, continue to enjoy GDP growth rates of 9.1% and 7.7% respectively in Q3 2011, while other significant markets such as Singapore and Hong Kong also witnessed GDP growth of 6.1% and 4.3% respectively…

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World economy 8th December 2011

Invest if you want to overcome the crisis, mobile operators tell the EU

By matching US levels of ICT investment, European states could add up to €760 billion to their collective GDP by 2020, which represents a five per cent increase over forecasts, mobile operators’ association GSMA says. “The mobile industry is one of the most capital-intensive industries, with capital expenditures representing 12 per cent of sales on average in 2010. The mobile industry’s investment demand is considerably higher than for other fast-moving, innovation-based…