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Wednesday newspaper round-up: Windfarm project, Greek bailout, US tech terror

Wed, 18th Feb 2015 06:00

The world's largest offshore windfarm project expected to cost between £6bn and £8bn has been approved for construction off the Yorkshire coast by the UK's energy secretary, The Guardian said.Greece is prepared to request a bailout extension of up to six months, after a long day of negotiations on Tuesday, wrote The Times.US technology companies are being recruited to fight in the war on terror by French interior minister Bernard Cazeneuve who is in Silicon Valley this week, reported The Wall Street Journal.Royal Enfield has announced a speedy expansion after receiving an endorsement from US president Barack Obama. According to The Guardian, the motorcycle company will spend $80m on two new factories.Crédit Agricole overcame a "sluggish economic environment" in its fourth quarter thanks to strong performances by its investment banking division, revealed the Financial Times.A letter endorsed by the Archbishop of Canterbury and the whole membership of the House of Bishops has called for the British public to vote in the upcoming election, claiming that democracy is failing, wrote The Times.Daily Telegraph chief political commentator Peter Oborne has resigned from the paper over accusations that it purposefully quashed stories about the HSBC tax dodge scandal to retain an advertising account, The Guardian reported.Ministers have labelled hundreds of wealthy investors as tax dodgers, including celebrities Sir Alex Ferguson and Sven-Goran Eriksson, The Telegraph reported.

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