Nethys to install 18,000 m2 of photovoltaic panels at Liege Airport

Nethys to install 18,000 m2 of photovoltaic panels at Liege Airport

The Liege company Nethys carried off the public tender launched in view of the installation of photovoltaic panels on the premises of the Liege Airport. The economy on the cost of energy is estimated at 100,000 euros annually, indicated Wednesday the spokesperson for Liege Airport, confirming the information read in L’Echo. With a scoring of close to 92 points out of 100, Nethys was chosen among six candidates. Liege Airport specifies that a lawyer was consulted in order to conduct the procedure to its term without risk of conflict of…

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Best quarter ever for Antwerp Port

Best quarter ever for Antwerp Port

Antwerp Port had an exceptional first quarter, processing 58.3 million tonnes of goods, an increase of 7.1%, the joint enterprise that manages Europe’s second port announced on Tuesday. Container traffic increased by 9.5% to 32.6 million tonnes. This growth was higher than expected and justifies the port’s expansion projects all the more, Antwerp Port’s Director, Jacques Vandermeiren, said.

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Burberry hires former Kingfisher boss Gerry Murphy as chairman

Burberry hires former Kingfisher boss Gerry Murphy as chairman

The luxury brand Burberry has appointed the former boss of B&Q owner Kingfisher as its new chairman. Gerry Murphy, who currently chairs the food group Tate & Lyle and the European arm of the private equity firm Blackstone, will succeed Sir John Peace, who has been in the role since Burberry was spun out of the catalogue company GUS in 2002. Peace said Burberry had found a “superb” candidate with extensive knowledge of the consumer sector. Murphy has had stints at the food group Greencore and the media group Carlton,…

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Bayer to sell e-agriculture business to BASF to buy over Montsanto

Bayer to sell e-agriculture business to BASF to buy over Montsanto

German pharmaceutical giant Bayer is to sell its e-agriculture activities to its competitor, BASF, to make it easier to obtain approval for its bid to take over Monsanto. Bayer confirmed on Wednesday that, as part of modifications to the commitments it made with the European Commission, the group will however keep its license for certain digital applications in the agriculture sector. On the 21st of March, the Commission authorized the conditional purchase of the U.S. chemical giant Montsanto by Bayer. The transaction was conditioned on Bayer’s selling off a huge…

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Bitcoin’s soaring value was down to ‘infected’ buyers, economists say

Bitcoin’s soaring value was down to ‘infected’ buyers, economists say

The rise of bitcoin has comparisons with the spread of an infectious disease, according to economists who argue the digital currency may have peaked in value as more consumers become immune to its appeal. Analysts at Barclays said the soaring value of the digital currency last year, when prices rose by more than 900%, was helped by new buyers being “infected” by the euphoria surrounding bitcoin. The price has since crashed from almost $20,000 before Christmas to less than $7,000. Using studies from the world of epidemiology – the branch…

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China and US exchange further threats over trade as markets slump

China and US exchange further threats over trade as markets slump

The war of words between the Trump administration and China over trade has escalated after Beijing threatened to fight back “at any cost” against new US proposals for an additional $100bn (£71bn) in tariffs. Chinese officials said on Friday they would “definitely fight back firmly” should the US persist in using “protectionism”, in a warning issued hours after President Trump unexpectedly suggested imposing extra trade tariffs on goods shipped from China to the US – on top of the $50bn worth of tariffs announced last month. On Saturday, China’s state…

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Belgians have more than 261 billion euros on their regulated savings accounts

Belgians have more than 261 billion euros on their regulated savings accounts

In February, 261.6 billion euro were put on regulated savings accounts, which represents the highest level since December 2016 (with nearly 261.62 billion euro), according to the statistics communicated Thursday by the National Bank of Belgium (BNB). The total amount put on regulated savings accounts increases every month since November 2017 (258.16 billion euro).

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Customs wants to inspect all containers arriving at Antwerp

Customs wants to inspect all containers arriving at Antwerp

Belgian customs is seeking ways to check every container on arrival in the port of Antwerp, according to a report by the Flemish weekly Knack, confirmed by the Customs department. Currently about 1% of the containers are inspected. Antwerp is known to be one of the ports of entry for cocaine into Europe. In 2017, a record volume of almost 40 tonnes of the drug was intercepted and for Spring 2018, the amount seized is already 17.5 tonnes. Checks are already scheduled to be intensified considerably under the “Stroomplan” (“River…

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Spotify poised to be a $25bn company on eve of IPO

Spotify poised to be a $25bn company on eve of IPO

Spotify is poised to press the play button on a stock market float that will test investors’ faith in its future prospects, amid mixed fortunes for fast-growing technology companies. Analysts said the performance of the music streaming service’s shares on its first day of trading on Tuesday would gauge market opinion on whether it can stave off fierce competition for music fans’ wallets and eventually make a profit. The Swedish company’s listing on the New York Stock Exchange will also offer greater insight into investors’ attitudes to technology companies, following…

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Craft beer makers hope to crack new markets with tap rooms

Craft beer makers hope to crack new markets with tap rooms

British craft beer makers are reviving the tradition of brewery tap rooms as an antidote to the national trend of pub closures and the dominance of big brewers. About a third of small breweries now run a tap bar, which lets drinkers sample their wares, according to a report by the Society of Independent Brewers (Siba), which also highlights a burgeoning micropub scene as brewers take over empty shops on their local high street. “A high percentage of our members now have tap rooms and they are becoming as important…

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