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Shell investors back $50 billion BG takeover

Royal Dutch Shell shareholders approved its $50 billion takeover of BG Group on Wednesday, clearing the last main hurdle to creating the biggest liquefied natural gas (LNG) trader in the world.

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GE wins $328m Iraq power grid deal

Iraq has agreed to a deal with General Electric Company (GE) worth about $328 million to boost electricity production by 1,000 MW, an electricity ministry spokesman said on Monday.

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