VICTORIA MEDIA

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August, 2016

DONG Energy welcomes consent decision for Hornsea Project Two offshore wind farm

DONG Energy has today (16 August) welcomed the decision of the Secretary of State for Energy to grant development consent for the Hornsea Project Two offshore wind farm, located 89 kilometres off the Yorkshire coast. Hornsea Project Two will have a capacity of up to 1.8 gigawatts (GW) and will consist of up to 300 […]

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Residential mortgage keeps growing in Russia

In 2016 H1, credit institutions extended 389,800 residential mortgage loans (RML) worth 389,800 according to statistics posted on Bank of Russia website. The growth of provided funds against 2015 H1 data totalled 44.2% and was still attributed to loans in rubles. In 2016 H1, the loan debt in foreign currency kept on reducing and accounted […]

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Bank of England cuts Bank Rate to 0.25% and introduces a package of measures designed to provide additional monetary stimulus

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.  At its meeting ending 3 August 2016, the MPC voted for a package of measures designed to provide additional support to growth and to achieve a sustainable […]

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Shop prices keep declining in the UK

Period Covered: 04 – 08 July 2016 – Overall shop prices reported deflation of 1.6% in July, from the 2.0% decline in June. This is above the 12-month average of 1.8%. – Non-food deflation decelerated to 2.2% in July from 2.8% in June. This is above the 12-month average of 2.8% – Food deflation remained […]

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Mycronic acquires Shenzhen Axxon Automation Co.,Ltd

Täby, 1 August, 2016 – Mycronic AB (publ), has signed an agreement to acquire 75 percent of Shenzhen Axxon Automation Co.,Ltd (Axxon) for a cash consideration of approximately SEK 430 million. The acquisition will be financed through own funds. As part of the agreement Mycronic will acquire the remaining shares of the company in two […]

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