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Energy company SSE has said it expects to close three out of four units at its Fiddler’s Ferry coal fired power plant in Cheshire. read more >>> Source : BBC

SAN DIEGO, Feb 3 (Reuters) – U.S. Defense Secretary Ash Carter on Wednesday mapped out plans for the U.S. Navy to buy more high-end submarines, destroyers, fighter jets and unmanned underwater vehicles using $8 billion in savings generated by scaling back orders for smaller Littoral Combat Ships. read more >>> Source : Reuters

When we have a problem, an issue we are struggling with, and ask for advice, the usual approach of the problem solver is to ask us: “What do you want?” As if you are really clear about what you want, the solution will be self-evident. Or to say it differently, your problem is because you […]

(Reuters) – Amit Singhal, the senior vice president of Google’s Internet search business at Alphabet Inc, said he would leave at the end of the month after 15 years with the company. John Giannandrea, the vice president of Google’s artificial intelligence efforts, would replace Singhal, Re/code reported on Tuesday. Singhal will leave Google on Feb. […]

The plight of the loonie and low interest rates can make Canadian companies ripe for the pickings, observers said Wednesday as U.S. home improvement chain Lowe’s announced its acquisition of Quebec retailer Rona. read more >>> Source : CTVNews.Ca

* Commodity currencies gain vs dollar on oil rally (Updates prices, adds comments) read more >>> Source : Reuters

As Russia wrestles with an economic crisis, more and more Porsches and Rolls-Royces are appearing on its roads. It seems something of a paradox; while mass-market car sales in the country have tumbled along with the ruble and oil prices, one area is bucking the trend – luxury cars. Sales of Porsche, Bentley, Rolls-Royce and […]

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Americans hide bank accounts and credit cards from their spouses (CreditCards.com) A recent poll conducted by CreditCards.com found 13 million Americans, or 1 in 20, is in possession of a secret bank account or credit card […]

Former head of the International Monetary Fund, Dominique Strauss-Kahn is joining the board of a bank owned by one of Ukraine’s richest men. read more >>> Source : BBC

US shale production is starting to decline amid lower oil prices. But overall oil production in the states has remained pretty steady (so far). And it’s because of one reason: the Gulf of Mexico. The US Energy Information Administration (EIA)’s Petroleum Supply Monthly figures have stayed around 9.3 million barrels per day in the months […]

What is the best advice that can prevent people from screwing up their first job out of college? originally appeared on Quora – the knowledge sharing network where compelling questions are answered by people with unique insights. Answer by Patrick Mathieson, venture investor at Toba Capital, on Quora. Dealing with your Boss Think of yourself […]

EUR/USD is certainly already on the move, thanks to the big dollar dive. To be fair, this assessment from Danske was released before the move. Here is their reasoning: Here is their view, courtesy of eFXnews: One argument for a lower EUR/USD: – Relative rates: still in favour of USD… …but several arguments for a […]

FORD is to cut jobs across Europe as it steps up a £137million efficiency drive. read more >>> Source : The Daily Express

When oil exporter Azerbaijan signed up to host its first ever Formula One Grand Prix this year along an esplanade in its capital, the government promoted it as an opportunity to showcase the country’s new confidence. Now, with the economy in a state of crisis and police in some parts of the country using tear […]

Wells Fargo reaches an agreement with US authorities to pay $1.2bn to settle claims in improperly certified loans for federal mortgage insurance. read more >>> Source : BBC

CAPE CANAVERAL, Fla., Feb 3 (Reuters) – U.S. private space companies Space Exploration Technologies and United Launch Alliance, a partnership of Lockheed Martin and Boeing N>, have scheduled more than 30 launches from Florida this year, up from 18 last year, according to company and Air Force officials. read more >>> Source : Reuters

Toyota is doing away with its Scion brand, as the automaker repositions the line of funky small vehicles which launched more than a decade ago to attract young North American buyers. read more >>> Source : CBC.Ca

There was a time when fast-growing, U.S.-listed China firms with healthy charts were a dime a dozen. Fast growers are still out there (see Autohome (ATHM), Vipshop (VIPS) and Noah Holdings (NOAH)), but their charts have suffered a lot of technical damage due to waves of institutional selling in recent months. On Wednesday, IBD’s Global […]

The 30-second ad will highlight the weight of financial distress. read more >>> Source : BankRate.Com

Ukraine’s economy minister tendered his resignation Wednesday, citing political pressure and corruption. Aivaras Abromavicius said the country’s leadership had routinely blocked his reform efforts and that the economy ministry was at the mercy of corrupt vested interests. “Neither me, nor my team have any desire to serve as a cover-up for the covert corruption, or […]

Tortoise Capital Advisors Managing Director Rob Thummel explains his forecast for oil and what areas of energy his long-only funds are focused on. read more >>> Source : CNBC.Com