Belfast News
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Ireland’s Economic Social & Research Institute raised its forecast for economic growth this year and next, as investment by overseas companies buttresses the nation’s emergence from its worst recession on record.
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Gaelectric Holdings Plc, the Dublin- based developer, is in discussions with infrastructure investors for a 300 million-pound ($466 million) project in Northern Ireland to store surplus energy from wind turbines.
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Robert Ireland and John Bryars are from opposite sides of the 40-foot concrete walls that still embody the sectarian divide in Belfast. Fifteen years after a peace agreement was supposed to replace violence with prosperity, they are united only by unemployment.
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Methil port north of Edinburgh, once the focus of Scotland’s coal exports, is set to tap a greener kind of energy as Samsung Heavy Industry Co. constructs the world’s biggest wind turbine in the town’s faded harbor.
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JD Wetherspoon Plc, the U.K. owner of almost 900 pubs, rose for the seventh day in eight, exceeding the price targets of 12 of 13 analysts, as investors bet on revenue prospects at the provider of low-price drinks and meals.
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Ireland’s government published outline legislation allowing for abortion in limited circumstances, including when doctors agree a pregnant woman is at risk of suicide, in what Prime Minister Enda Kenny said is an attempt to bring “clarity” to the state’s position on the practice.
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The pound posted its biggest monthly gain versus the dollar since October 2011 as a report showed British banks granted more loans for homes in March than analysts predicted, adding to signs the economy is improving.
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U.K. mortgage approvals rose more than forecast in March as an easing of credit conditions helped support the housing market.
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Robusta coffee fell in London to the lowest since January as bearish technical indicators added to speculation supplies are ample in Vietnam, the world’s biggest grower of the variety, and Indonesia. Sugar rose.
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H&T Group Plc, the pawnbroker that fell the most in 10 months yesterday after rival Albemarle & Bond Plc issued a profit warning, should recover as its store portfolio matures, according to Westhouse Securities.
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