How to stay motivated: Advice from Colin O’Brady Antarctic crossing

“SOUTH POLE!!! I expected to be happy reaching the South Pole, but today has quite honestly been one of the best days of my entire life,” he wrote. He is just halfway through his mission to become the first person ever to cross the Antarctic coast-to-coast unaided. It’s a challenge O’Brady has been working toward for several years after turning to extreme sports to recover from a freak accident which left his legs so severely burned that doctors questioned whether he would ever walk normally aga


“SOUTH POLE!!! I expected to be happy reaching the South Pole, but today has quite honestly been one of the best days of my entire life,” he wrote. He is just halfway through his mission to become the first person ever to cross the Antarctic coast-to-coast unaided. It’s a challenge O’Brady has been working toward for several years after turning to extreme sports to recover from a freak accident which left his legs so severely burned that doctors questioned whether he would ever walk normally aga
How to stay motivated: Advice from Colin O’Brady Antarctic crossing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-14  Authors: karen gilchrist, colin obrady, the ocean cleanup
Keywords: news, cnbc, companies, challenge, reaching, wrotebut, crossing, world, life, motivated, antarctic, set, pole, obrady, colin, mission, south, stay, advice


How to stay motivated: Advice from Colin O'Brady Antarctic crossing

“SOUTH POLE!!! I made it!!! What a day. I expected to be happy reaching the South Pole, but today has quite honestly been one of the best days of my entire life,” he wrote.

But O’Brady didn’t stop long to celebrate. After “soaking in the moment” and taking a few photographs, he carried on his way.

He is just halfway through his mission to become the first person ever to cross the Antarctic coast-to-coast unaided. Several others have died making the attempt.

It’s a challenge O’Brady has been working toward for several years after turning to extreme sports to recover from a freak accident which left his legs so severely burned that doctors questioned whether he would ever walk normally again.

The ex-financier quit his job in 2008 to pursue sports full-time, reaching Olympic triathlon level and breaking the “Seven Summits” world record. But this is his toughest challenge to date.

O’Brady, who calls his mission “The Impossible First,” set out on Nov. 3 and will continue on until he reaches the opposite coast. The full expedition is set to take up to 65 days.

The journey requires courage, stamina and sheer determination. CNBC Make It took a look at how he is keeping himself motivated on this most challenging of missions and how those steps can be applied to other — less frosty — walks of life.


Company: cnbc, Activity: cnbc, Date: 2018-12-14  Authors: karen gilchrist, colin obrady, the ocean cleanup
Keywords: news, cnbc, companies, challenge, reaching, wrotebut, crossing, world, life, motivated, antarctic, set, pole, obrady, colin, mission, south, stay, advice


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Drones set to deliver blood and medical supplies to Ghana’s hospitals

However, the scheme has faced criticism from some of Ghana’s lawmakers and medical professionals, who have argued that it is costly and has had insufficient consideration. The Ghana Medical Association (GMA) called for the suspension of the drone delivery rollout, saying in a statement on Tuesday that the scheme focused too heavily on expensive technology when funding for medical professionals should be a higher priority. According to a BBC report, Ghana’s population of 29 million has only 55 wo


However, the scheme has faced criticism from some of Ghana’s lawmakers and medical professionals, who have argued that it is costly and has had insufficient consideration. The Ghana Medical Association (GMA) called for the suspension of the drone delivery rollout, saying in a statement on Tuesday that the scheme focused too heavily on expensive technology when funding for medical professionals should be a higher priority. According to a BBC report, Ghana’s population of 29 million has only 55 wo
Drones set to deliver blood and medical supplies to Ghana’s hospitals Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-13  Authors: chloe taylor, cyril ndegeya, afp, getty images
Keywords: news, cnbc, companies, set, gma, medical, inflated, hospitals, deliver, statement, supplies, scheme, professionals, president, healthcare, ghanas, ghana, drones, blood


Drones set to deliver blood and medical supplies to Ghana's hospitals

However, the scheme has faced criticism from some of Ghana’s lawmakers and medical professionals, who have argued that it is costly and has had insufficient consideration.

The Ghana Medical Association (GMA) called for the suspension of the drone delivery rollout, saying in a statement on Tuesday that the scheme focused too heavily on expensive technology when funding for medical professionals should be a higher priority. According to a BBC report, Ghana’s population of 29 million has only 55 working ambulances.

“The proposed services to be provided by the drones do not conform to the existing primary healthcare policy in Ghana,” the GMA said. “The use of drones without the necessary improvement in the human resource capacity will not (contribute) to the benefit of the country in its quest to improve healthcare delivery.”

Meanwhile, opposition politician Cassiel Ato Forson slammed the deal as “inflated and misplaced” in a statement on Tuesday.

“(Vice president Mahamadu Bawumia) has failed to own up and explain the many inflated cost items inherent in the contract,” he said, claiming that public funds would pay for the scheme which included 20 percent late payment fees.

“This Zipline deal is an extremely bad one for the country and it unfortunate that the Vice President would champion it with the zeal that he has deployed,” he added.


Company: cnbc, Activity: cnbc, Date: 2018-12-13  Authors: chloe taylor, cyril ndegeya, afp, getty images
Keywords: news, cnbc, companies, set, gma, medical, inflated, hospitals, deliver, statement, supplies, scheme, professionals, president, healthcare, ghanas, ghana, drones, blood


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Dow set to jump more than 250 points as Wall Street cheers prospects of a US-China trade deal

U.S. stock index futures were higher Wednesday amid renewed optimism around the possibility of a permanent U.S.-China trade deal being struck. ET, Dow Jones Industrial Average futures rose 232 points, indicating a gain of 267.76 points. Optimism around trade lifted shares of Caterpillar and Boeing by more than 1 percent each before the bell. These stocks are seen as bellwethers for global trade because of their exposure to markets abroad. Wall Street had another wild session on Tuesday, with the


U.S. stock index futures were higher Wednesday amid renewed optimism around the possibility of a permanent U.S.-China trade deal being struck. ET, Dow Jones Industrial Average futures rose 232 points, indicating a gain of 267.76 points. Optimism around trade lifted shares of Caterpillar and Boeing by more than 1 percent each before the bell. These stocks are seen as bellwethers for global trade because of their exposure to markets abroad. Wall Street had another wild session on Tuesday, with the
Dow set to jump more than 250 points as Wall Street cheers prospects of a US-China trade deal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-12  Authors: fred imbert, sam meredith
Keywords: news, cnbc, companies, jump, street, chinese, wall, uschina, china, futures, trade, points, seen, talks, mahajan, deal, tariffs, prospects, trump, dow, set


Dow set to jump more than 250 points as Wall Street cheers prospects of a US-China trade deal

U.S. stock index futures were higher Wednesday amid renewed optimism around the possibility of a permanent U.S.-China trade deal being struck.

At around 7:02 a.m. ET, Dow Jones Industrial Average futures rose 232 points, indicating a gain of 267.76 points. Futures on the S&P 500 and Nasdaq 100 were also seen relatively upbeat.

Optimism around trade lifted shares of Caterpillar and Boeing by more than 1 percent each before the bell. These stocks are seen as bellwethers for global trade because of their exposure to markets abroad.

In an interview with Reuters on Tuesday, President Donald Trump said he would intervene in the Justice Department’s case against a top executive at Chinese telecoms giant Huawei if it would help serve national security interests or help U.S.-Sino trade talks. Huawei is the one of the largest tech companies in China. It is also seen as a symbol of pride by the Chinese government.

The moves in premarket trade come after Trump said talks between Washington and Beijing were ongoing and confirmed he would not raise tariffs on Chinese imports until he was sure about a comprehensive trade agreement.

They also come after multiple reports pointed to China cutting tariffs on U.S.-made cars. A U.S. official told Reuters China indicated it will lower the tariffs, but the U.S. would wait on formal documentation and timing.

Wall Street had another wild session on Tuesday, with the Dow swinging more than 500 points before closing slightly lower.

“This intraday volatility is very headline-driven,” said Mona Mahajan, U.S. investment strategist at AllianzGI. “Between trade, the Federal Reserve and recession fears, it’s reason to give investors pause.”

“Investors are also more willing to sell rallies than buy dips. That’s the sentiment right now,” Mahajan said.


Company: cnbc, Activity: cnbc, Date: 2018-12-12  Authors: fred imbert, sam meredith
Keywords: news, cnbc, companies, jump, street, chinese, wall, uschina, china, futures, trade, points, seen, talks, mahajan, deal, tariffs, prospects, trump, dow, set


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SoftBank’s record IPO reaches $23.5 bln after extra share sale

SoftBank Group Corp is set to raise 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO – a share sale widely regarded as finalising the group’s transition from domestic telco to a monolithic global tech investor. Telco unit SoftBank Corp on Monday priced its stock at 1,500 yen apiece, as previously indicated. It also said it will sell all extra shares set aside for excess demand, taking the total just shy of the record $25 billion raised in 2014 by Chinese e-commerce giant Alibaba Gro


SoftBank Group Corp is set to raise 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO – a share sale widely regarded as finalising the group’s transition from domestic telco to a monolithic global tech investor. Telco unit SoftBank Corp on Monday priced its stock at 1,500 yen apiece, as previously indicated. It also said it will sell all extra shares set aside for excess demand, taking the total just shy of the record $25 billion raised in 2014 by Chinese e-commerce giant Alibaba Gro
SoftBank’s record IPO reaches $23.5 bln after extra share sale Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: kazuhiro nogi, afp, getty images
Keywords: news, cnbc, companies, group, stock, shares, sale, corp, share, billion, tech, extra, yen, set, giant, 235, reaches, record, softbanks, bln, softbank, ipo


SoftBank's record IPO reaches $23.5 bln after extra share sale

SoftBank Group Corp is set to raise 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO – a share sale widely regarded as finalising the group’s transition from domestic telco to a monolithic global tech investor.

Telco unit SoftBank Corp on Monday priced its stock at 1,500 yen apiece, as previously indicated.

It also said it will sell all extra shares set aside for excess demand, taking the total just shy of the record $25 billion raised in 2014 by Chinese e-commerce giant Alibaba Group Holding Ltd, a SoftBank Group portfolio company.

The group, which controls the world’s biggest tech private equity fund at nearly $100 billion, will use the proceeds to invest in startups which have ranged from tiny games makers to U.S. ride-hailing giant Uber Technologies Inc.

“Demand was well above the number of shares on offer,” SoftBank Corp said, declining to disclose by how much.

The stock will debut on the Tokyo Stock Exchange’s first section on Dec. 19.


Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: kazuhiro nogi, afp, getty images
Keywords: news, cnbc, companies, group, stock, shares, sale, corp, share, billion, tech, extra, yen, set, giant, 235, reaches, record, softbanks, bln, softbank, ipo


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Google shutting down social network sooner because of new security bug

Google is shutting down its beleaguered social network sooner than expected in the wake of a new security issue that affected 52.5 million users. Google Plus received its initial kiss of death in early October, when the company revealed that a security bug had exposed the account information of 500,000 users, including their names, email addresses and occupations. At the time, Google planned to shut down the social network by August 2019. However, it now plans to shut down Google Plus by April 2


Google is shutting down its beleaguered social network sooner than expected in the wake of a new security issue that affected 52.5 million users. Google Plus received its initial kiss of death in early October, when the company revealed that a security bug had exposed the account information of 500,000 users, including their names, email addresses and occupations. At the time, Google planned to shut down the social network by August 2019. However, it now plans to shut down Google Plus by April 2
Google shutting down social network sooner because of new security bug Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: jillian donfro, sean gallup, getty images, cnbc, jeniece pettitt
Keywords: news, cnbc, companies, security, shut, google, bug, plus, network, shutting, set, data, users, sooner, information, social


Google shutting down social network sooner because of new security bug

Google is shutting down its beleaguered social network sooner than expected in the wake of a new security issue that affected 52.5 million users.

Google Plus received its initial kiss of death in early October, when the company revealed that a security bug had exposed the account information of 500,000 users, including their names, email addresses and occupations. At the time, Google planned to shut down the social network by August 2019.

But in a blog post Monday Google wrote that it discovered a second bug that allowed the profile information of 52.5 million users to be viewable by developers, even if the profiles were set to private, using one of Google’s application programming interfaces, or APIs, for six days in November. Once again, the available data included information like users’ names, email addresses, occupations and ages.

Google said that the bug did not give third-party apps access to users’ financial data or passwords and that it didn’t find any evidence that the private profile information was accessed or misused. However, it now plans to shut down Google Plus by April 2019, and access to its APIs in the next 90 days.

Google’s initial security bug raised hackles in Washington and with the general public because The Wall Street Journal reported at the time that Google didn’t disclose it for months because it feared regulatory scrutiny and reputational damage.

Monday’s disclosure comes a day before Google CEO Sundar Pichai is set to testify before Congress about transparency and accountability.

“We understand that our ability to build reliable products that protect your data drives user trust,” Google’s blog post said.

“We have always taken this seriously, and we continue to invest in our privacy programs to refine internal privacy review processes, create powerful data controls, and engage with users, researchers, and policymakers to get their feedback and improve our programs.”

The enterprise version of Google Plus will remain active.

WATCH:Meet the man behind Google Assistant’s personality – Ryan Germick


Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: jillian donfro, sean gallup, getty images, cnbc, jeniece pettitt
Keywords: news, cnbc, companies, security, shut, google, bug, plus, network, shutting, set, data, users, sooner, information, social


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Tesla’s China factory is set to begin production late next year, Shanghai government says

Tesla is on pace to begin production at its factory in China in the second half of next year, the Shanghai government said Wednesday. Land leveling is basically complete and construction is about to begin, with the factory expected to be put partially into operation in the second half of 2019, according to an official WeChat post from the government. The article described a visit by Shanghai Mayor Ying Yong and Vice Mayor Wu Qing. In mid-October, Tesla officially acquired an 864,885-square meter


Tesla is on pace to begin production at its factory in China in the second half of next year, the Shanghai government said Wednesday. Land leveling is basically complete and construction is about to begin, with the factory expected to be put partially into operation in the second half of 2019, according to an official WeChat post from the government. The article described a visit by Shanghai Mayor Ying Yong and Vice Mayor Wu Qing. In mid-October, Tesla officially acquired an 864,885-square meter
Tesla’s China factory is set to begin production late next year, Shanghai government says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-06  Authors: evelyn cheng, qilai shen, bloomberg, getty images
Keywords: news, cnbc, companies, electric, costs, second, china, begin, wechat, mayor, late, half, production, official, shanghai, teslas, tesla, factory, set


Tesla's China factory is set to begin production late next year, Shanghai government says

Tesla is on pace to begin production at its factory in China in the second half of next year, the Shanghai government said Wednesday.

Land leveling is basically complete and construction is about to begin, with the factory expected to be put partially into operation in the second half of 2019, according to an official WeChat post from the government. The article described a visit by Shanghai Mayor Ying Yong and Vice Mayor Wu Qing.

Tesla did not immediately respond to an emailed request for comment.

In mid-October, Tesla officially acquired an 864,885-square meter plot in Shanghai’s Lingang area for the electric car maker’s first factory outside the U.S.

Elon Musk’s company has also launched an official WeChat account for hiring locals.

Producing in China, the world’s largest market for electric vehicles, would allow Tesla to reduce costs significantly. The company has said it is operating at a 55 percent to 60 percent cost disadvantage with a domestic peer due to ocean transport costs and tariffs.


Company: cnbc, Activity: cnbc, Date: 2018-12-06  Authors: evelyn cheng, qilai shen, bloomberg, getty images
Keywords: news, cnbc, companies, electric, costs, second, china, begin, wechat, mayor, late, half, production, official, shanghai, teslas, tesla, factory, set


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Egypt’s pound set to weaken as banks deplete their foreign currency reserves

Egypt’s state banks have reportedly been propping up the Egyptian pound by selling their foreign exchange assets — a strategy that can only last a few more months, economists warn. But capital flight out of Egypt has seen foreign holdings of Egyptian treasury bonds drop by $8 billion and the stock market fall by 30 percent, pressuring the currency. But propping up the pound by meeting that demand for hard currency has also meant a sharp and unsustainable drop in banks’ foreign assets, according


Egypt’s state banks have reportedly been propping up the Egyptian pound by selling their foreign exchange assets — a strategy that can only last a few more months, economists warn. But capital flight out of Egypt has seen foreign holdings of Egyptian treasury bonds drop by $8 billion and the stock market fall by 30 percent, pressuring the currency. But propping up the pound by meeting that demand for hard currency has also meant a sharp and unsustainable drop in banks’ foreign assets, according
Egypt’s pound set to weaken as banks deplete their foreign currency reserves Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-05  Authors: natasha turak, mohamed el-shahed, afp, getty images, khaled desouki
Keywords: news, cnbc, companies, propping, pound, deplete, currency, foreign, banks, set, stateowned, reserves, egypts, months, market, assets, billion, weaken


Egypt's pound set to weaken as banks deplete their foreign currency reserves

Egypt’s state banks have reportedly been propping up the Egyptian pound by selling their foreign exchange assets — a strategy that can only last a few more months, economists warn.

The pound has performed notably well compared to its other emerging market counterparts, falling only one percent against the dollar this year amid a wider EM sell-off. It has held between 17.78 and 17.98 to the dollar over the last six months, according to Reuters.

But capital flight out of Egypt has seen foreign holdings of Egyptian treasury bonds drop by $8 billion and the stock market fall by 30 percent, pressuring the currency.

Rather than intervening itself — a move that would draw swift rebuke from the International Monetary Fund (IMF), which in 2016 provided the country a $12 billion loan package — the central bank has leaned on state-owned banks to sell its foreign currency assets to offset that pressure, bankers and economists say. But propping up the pound by meeting that demand for hard currency has also meant a sharp and unsustainable drop in banks’ foreign assets, according to economic consultancy Capital Economics.

“It’s difficult to know for how long this process could be sustained. At the current rate of depletion, banks would exhaust their FX assets in eight months,” the consultancy wrote in a note published Tuesday, describing Egypt’s commercial banks as having “depleted their own FX assets.”

Between April and September of this year, banks’ foreign assets nearly halved, falling from $20.61 billion in April to $12.15 billion in September, their lowest level since early 2017. Reports of state-owned banks serving as the main suppliers of foreign currency may indicate backdoor intervention by the government, analysts have said.


Company: cnbc, Activity: cnbc, Date: 2018-12-05  Authors: natasha turak, mohamed el-shahed, afp, getty images, khaled desouki
Keywords: news, cnbc, companies, propping, pound, deplete, currency, foreign, banks, set, stateowned, reserves, egypts, months, market, assets, billion, weaken


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US market sell-off set to continue as Dow futures fall

U.S. stock futures opened lower Wednesday amid lingering anxiety about a possible economic slowdown and continued murkiness around trade relations with China. On Wednesday evening, futures initially indicated that the Dow Jones Industrial Average would open 400 points lower. Dow futures fell as much as 486 points at their lows. As of 2:24 a.m., ET Thursday, the futures indicated that the Dow would open 259.07 points lower on Thursday. Over the weekend, U.S. President Donald Trump met with Chines


U.S. stock futures opened lower Wednesday amid lingering anxiety about a possible economic slowdown and continued murkiness around trade relations with China. On Wednesday evening, futures initially indicated that the Dow Jones Industrial Average would open 400 points lower. Dow futures fell as much as 486 points at their lows. As of 2:24 a.m., ET Thursday, the futures indicated that the Dow would open 259.07 points lower on Thursday. Over the weekend, U.S. President Donald Trump met with Chines
US market sell-off set to continue as Dow futures fall Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-05  Authors: christine wang, eustance huang, brendan mcdermid
Keywords: news, cnbc, companies, fall, points, open, dow, futures, president, xi, trade, continue, yield, selloff, lower, market, set


US market sell-off set to continue as Dow futures fall

U.S. stock futures opened lower Wednesday amid lingering anxiety about a possible economic slowdown and continued murkiness around trade relations with China.

On Wednesday evening, futures initially indicated that the Dow Jones Industrial Average would open 400 points lower. Dow futures fell as much as 486 points at their lows. As of 2:24 a.m., ET Thursday, the futures indicated that the Dow would open 259.07 points lower on Thursday.

The New York Stock Exchange, Nasdaq and U.S. Treasury market were closed Wednesday as the nation remembered former president George H.W. Bush.

On Tuesday, the Dow Jones Industrial Average shed nearly 800 points in its largest decline since Oct. 10.

On Monday, the yield on the three-year Treasury note surpassed its five-year counterpart. That bond-market phenomenon, known as a yield-curve inversion, is seen as a recession signal. But typically the recession doesn’t come until years after and many traders won’t see the inversion as official until the two-year yield rises above the 10-year yield.

Investors remain uncertain about the prospects of a permanent trade deal with China. Over the weekend, U.S. President Donald Trump met with Chinese President Xi Jinping to discuss ongoing trade quarrels between their two countries. While the White House has said it has worked out a cease-fire with Beijing, discrepancies in messaging haven’t assuaged market fears of uncertainty.

“Unfortunately until we get new news the market continues to be a caldron of concerns causing caution with investors,” said Art Hogan, B. Riley FBR’s chief market strategist. “With the combination of he said Xi said on China trade, a fear of an economic slowdown in 2019, and the slow trickle of Mueller investigation reports coming out, it is not at all surprising to see a buyer’s strike in the after hours market.”

Still, Hogan added, there will be a “plethora of data as Markets open on Thursday and on Friday with the jobs report that might turn the tide of negative sentiment.” But until then, he said, “we are stuck in a news vacuum and most of the news that we do have leans to the negative.”

—CNBC’s Fred Imbert and Tom Franck contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2018-12-05  Authors: christine wang, eustance huang, brendan mcdermid
Keywords: news, cnbc, companies, fall, points, open, dow, futures, president, xi, trade, continue, yield, selloff, lower, market, set


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French government reportedly set to suspend fuel tax hike after violent protests

The French government is reportedly ready to suspend a controversial rise in fuel tax that has caused widespread protests throughout the country and dramatic scenes of violence and civil unrest. French media reported Tuesday morning that Prime Minister Edouard Philippe is to announce a moratorium on the planned fuel tax hike that has caused public anger in the country. The news was carried by French newspapers Le Figaro, Le Monde and Liberation, as well as news agencies Reuters and AFP. Leaders


The French government is reportedly ready to suspend a controversial rise in fuel tax that has caused widespread protests throughout the country and dramatic scenes of violence and civil unrest. French media reported Tuesday morning that Prime Minister Edouard Philippe is to announce a moratorium on the planned fuel tax hike that has caused public anger in the country. The news was carried by French newspapers Le Figaro, Le Monde and Liberation, as well as news agencies Reuters and AFP. Leaders
French government reportedly set to suspend fuel tax hike after violent protests Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-04  Authors: holly ellyatt, pascal guyot, afp, getty images, anadolu agency
Keywords: news, cnbc, companies, tax, philippe, le, worst, reportedly, fuel, set, prime, violent, hike, suspend, protests, planned, french


French government reportedly set to suspend fuel tax hike after violent protests

The French government is reportedly ready to suspend a controversial rise in fuel tax that has caused widespread protests throughout the country and dramatic scenes of violence and civil unrest.

French media reported Tuesday morning that Prime Minister Edouard Philippe is to announce a moratorium on the planned fuel tax hike that has caused public anger in the country.

The news was carried by French newspapers Le Figaro, Le Monde and Liberation, as well as news agencies Reuters and AFP. Both the prime minister’s and president’s office declined to comment on the reports when contacted by CNBC.

Leaders from the “Yellow Vest” movement, so-called because of the high visibility jackets worn by demonstrators, have reportedly refused to meet Philippe on Tuesday for talks on how to diffuse opposition to planned fuel tax increases.

Initial protests in previous weeks have now morphed into wider anger at a perceived drop in living standards, price rises and anti-government sentiment, particularly leveled at French President Emmanuel Macron who is seen by many as representative of the elite and wealthy.

Protests have turned increasingly dramatic and often violent. Saturday’s protests in Paris were the worst to date with stores looted, cars torched and buildings and monuments damaged by some protesters.

The riots have been described as the “worst in a generation” and “pre-revolutionary.” Three people have reportedly died as a result of the unrest, hundreds have been injured and hundreds arrested.


Company: cnbc, Activity: cnbc, Date: 2018-12-04  Authors: holly ellyatt, pascal guyot, afp, getty images, anadolu agency
Keywords: news, cnbc, companies, tax, philippe, le, worst, reportedly, fuel, set, prime, violent, hike, suspend, protests, planned, french


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World’s ‘most powerful tidal generating turbine’ set to be demonstrated in waters off Wales

Scottish engineering firm Orbital Marine Power has signed an agreement to demonstrate its floating tidal technology at the Morlais Tidal Energy Project at Anglesey, an island off the coast of Wales. The agreement with not-for-profit developers Menter Mon will result in the deployment of a “commercial-scale tidal array” of Orbital Marine Power’s 2 megawatt (MW) O2 tidal turbine. Orbital said it believed its turbine would be the “most powerful tidal generating turbine in the world,” with each unit


Scottish engineering firm Orbital Marine Power has signed an agreement to demonstrate its floating tidal technology at the Morlais Tidal Energy Project at Anglesey, an island off the coast of Wales. The agreement with not-for-profit developers Menter Mon will result in the deployment of a “commercial-scale tidal array” of Orbital Marine Power’s 2 megawatt (MW) O2 tidal turbine. Orbital said it believed its turbine would be the “most powerful tidal generating turbine in the world,” with each unit
World’s ‘most powerful tidal generating turbine’ set to be demonstrated in waters off Wales Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-04  Authors: anmar frangoul, orbital marine power ltd
Keywords: news, cnbc, companies, waters, orbital, marine, powerful, power, energy, project, generating, european, sr2000, wales, tidal, turbine, worlds, demonstrated, set, morlais


World's 'most powerful tidal generating turbine' set to be demonstrated in waters off Wales

Scottish engineering firm Orbital Marine Power has signed an agreement to demonstrate its floating tidal technology at the Morlais Tidal Energy Project at Anglesey, an island off the coast of Wales.

The agreement with not-for-profit developers Menter Mon will result in the deployment of a “commercial-scale tidal array” of Orbital Marine Power’s 2 megawatt (MW) O2 tidal turbine.

Orbital said it believed its turbine would be the “most powerful tidal generating turbine in the world,” with each unit able to produce electricity equivalent to the needs of 1,500 typical homes in the U.K.

The Morlais initiative benefits from part funding from the European Regional Development Fund via the Welsh government. The project has been able to secure a grid connection offer and a consent application is slated to be submitted in mid-2019.

“The Morlais project gives us line of sight to a commercial and scalable tidal energy array in U.K. waters,” Andrew Scott, the CEO of Orbital Marine Power, said in a statement Monday.

“The concentration of tidal energy off the coast here, supported by great infrastructure in North Wales, makes this an ideal location to build out a new marine industry that can create new demand for skills and services both locally and further afield.”

Designs for the O2 turbine were unveiled towards the end of November. It will use a 73-meter-long “floating superstructure” to support two 1 MW turbines on each side and will have rotor diameters of 20 meters.

Formerly called Scotrenewables Tidal Power Ltd., Orbital Marine Power launched its SR2000 turbine in 2016. During its initial 12-month test program, the SR2000 generated more than 3 gigawatt hours of electricity.

The European Commission, the legislative arm of the EU, has described “ocean energy” as being both abundant and renewable. It’s estimated that ocean energy could potentially contribute around 10 percent of the European Union’s power demand by 2050, according to the Commission.


Company: cnbc, Activity: cnbc, Date: 2018-12-04  Authors: anmar frangoul, orbital marine power ltd
Keywords: news, cnbc, companies, waters, orbital, marine, powerful, power, energy, project, generating, european, sr2000, wales, tidal, turbine, worlds, demonstrated, set, morlais


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