Saturday, February 17 , 2018 9

Fiat Chrysler to recall 228,508 trucks US housing starts rebound I’ve decided to run for Washington Washington Senate because I’ve decided I can iat Chrysler Automobiles NV’s U.S. unit said it would .S. homebuilding increased to more than a one-year high help bring Utah’s values and Utah’s Frecall about 228,508 trucks in the United States, Canada, Uin January, boosted by a rebound in the construction lessons to Washington. Utah Mexico and some other markets. of single-family housing units, and has a lot to teach The brake transmission shift further gains are likely as building interlock (BTSI) may overheat on permits soared to their highest level the politicians in some vehicles, FCA US LLC said, since 2007. Housing starts jumped Washington,” adding that it would cause the 9.7 percent to a seasonally adjusted shifter to be repositioned without annual rate of 1.326 million units, -Mitt Romney, brake-pedal application, or the the Commerce Department said on presence of a key in the ignition. Friday. Former Republican presidential candidate, who is seeking to replace retiring Senator Orrin Hatch

UAE to open Arab world’s first nuclear power plant ups The United Arab Emirates is due to commission the Arab world’s first nuclear power station in 2018. The Barakah plant’s four reactors are expected to supply up to 25 percent CEO pay 48pc of the UAE’s electricity needs by 2020.

The UAE is just one of several Those countries have justified countries in the Middle East their pursuit of nuclear energy to $23 million and North Africa, including in the desire to meet rising Egypt and Saudi Arabia, that demands for electricity, but have announced plans to build the reactor-building spree can nuclear power plants over the also be viewed as a response to UAE to open Arab world’s firstIran’s nuclear nuclear programme. plant TheUAEnext United decade. to Arabopen Emirates Arab is preparingworld’s to commissionfirst nuclear its first plantnuclear Thepower United station, Arab settingEmirates a uniqueis preparing precedent to commission for the Arab its Gulf first region nuclear BARAKAHpower Nstation,UCLEAR setting a unique precedent for theReactor Arab Gulf 1 Expected region to BENERGYARAKAH P LANTNUCLEAR Reactorcome online1 Expected in 2018. to EFourNERGY 1,400MW PLANT advanced come onlineOther reactorsin 2018. Fourpressurised 1,400MW water advanced Otherdue reactors to start pressurisedreactors built water by Reactor 2 dueby to 2020 start South Korea’s reactors built by Reactor 2 by 2020 SouthKEPCO Korea’s KEPCO Reactor 3 Transmission Transmissionlines ReactorReactor 4 3 Citigroup CEO Michael Corbat lines Reactor 4 APR-1400 REACTOR In July, Citigroup recast a 9 percent raise to $22 ContainmentAPR-1400 R buildingEACTOR itigroup Inc raised targets set in 2013 as new million, the company said Combined FabricationContainment of reactor building fuel to CChief Executive Officer goals for 2020. on Friday. Bank of America take place in South Korea Michael Corbat’s annual In 2017, Citigroup stock Corp CEO Brian Moynihan Combinedouput: 5,600MW. Fabrication of reactor fuel to Will supply up to take place in South Korea compensation by 48 percent jumped 25 percent and was paid $23 million, up 15 ouput: 5,600MW. Turbine Auxiliary to $23 million for 2017, a its profit rose 4 percent, percent. Will25 percent supply ofup UAE’s to Turbinebuilding building year in which the bank made excluding a charge for the Citigroup made additional 25electricity percent needs of UAE’s Auxiliary more money from operations impact of the U.S. tax law disclosures on Friday building building electricitySUNNI ARAB needs STATES Number but still fell short of earlier change on the value of its which indicate that other GOING NUCLEAR of reactors targets. deferred tax assets. senior executives received SUNNI ARAB STATES Number Directors considered Corbat, 57, has been CEO approximately these amounts EgyptGOING NUCLEAR El Dabaaof reactors recent progress toward new since 2012. Citigroup is the of compensation in 2017: Egypt targets when setting Corbat’s fourth biggest U.S. bank by James Forese, president El Dabaa Qasr pay, according to a public assets. and chief executive of Due to be Cairo QasrAmra filing on Friday. The change in Corbat’s Citi’s Institutional Clients A year earlier, Corbat’s pay compares with annual Group received $20 Dueoperational to be Cairo Amra Riyadh by 2025 UAE annual compensation raises of 5 to 20 percent million, up 31 percent from operational Riyadh was cut 6 percent to $15.5 for some other 2016. by 2025 Barakah 500km UAE million after the bank missed executives. , John Gerspach, chief Barakah financial performance CEO of JPMorgan Chase & financial officer, got $11 300 miles 2018-2020 500km Khartoum targets and saw one-third Co, the biggest U.S. bank, million, up 22 percent. Sudan300 miles Saudi Arabia2018-2020 of its voting shareholders was paid $29.5 million, a 5.4 Stephen Bird, chief Khartoum disapprove of his prior pay. percent increase. Morgan executive of global consumer Sudan Jordan Saudi Arabia After that vote, the Stanley CEO James Gorman’s banking, received $10.5 2030 – site Jordan company made changes to compensation was raised 20 million, up 17 percent. its pay plan, which was then percent to $27 million. Jane Fraser, chief executive 2030not selected – site 2023-2025 2030 – site not selected endorsed by 97 percent of Lloyd Blankfein, chief for Latin America, received Sources:not selected ENEC, Institute for Policy and Strategy,2023-2025 World Nuclear Association2030 – site ©not GRAPHIC selected NEWS voting shareholders at its executive of Goldman $8.5 million, up 8 percent. annual meeting in April. Sachs Group Inc received (Reuters) Sources: ENEC, Institute for Policy and Strategy, World Nuclear Association © GRAPHIC NEWS