FRANKFURT - New solar installations reached a fresh record of 7.5 gigawatts (GW) in Germany in 2011, playing into the hands of advocates for steeper cuts in tariff subsidies to reduce growth of solar power and the resulting higher costs for consumers.
BHP says gets partial U.S. anti-trust clearance for Rio bid
SYDNEY (Reuters) - BHP Billiton (BHP.AX)(BLT.L) has received partial clearance from U.S. anti-trust watchdogs to proceed with its bid for rival Rio Tinto (RIO.AX)(RIO.L), BHP said on Thursday.
It said it had received notice of an early termination of the Hart-Scott-Rodino Act waiting period and completion of a merger review by the Department of Justice.
The Act gives the U.S. government a chance to review the potential effects on competition of mergers.
(Reporting by James Regan)
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