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UPDATE 1-TPG sells stake in Indonesia's BTPN to Sumitomo for $462 mln

2015-02-18 16:13:38| Grocery - Topix.net

Private equity firm TPG Capital has sold a 17.5 percent stake in PT Bank Tabungan Pensiunan Nasional Tbk to an affiliate of Japan's Sumitomo Corp for 5.93 trillion rupiah . TPG Nusantara sold 1.02 billion BTPN shares at 5,800 rupiah apiece, a 43 percent premium to the last traded price, to Summit Global Capital Management, BTPN said in a filing to the Indonesian stock exchange on Wednesday.

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UPDATE 1-CN Rail says still cleaning up Northern Ontario derailment

2015-02-18 12:23:45| Railroads - Topix.net

Canadian National Railway Co is still cleaning up spilled oil and removing damaged rail cars after a weekend derailment on its line at a remote site about 80 kilometers south of Timmins, Ontario. Patrick Waldron, a spokesman for the country's largest railway, said in an email that crews, working in -31C weather, are allowing a controlled fire at the site to continue to burn.

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CSX update on W.Va. derailment: 25 cars derailed, 20 in fires

2015-02-18 00:55:36| Green Car Congress

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Nvidia kills mobile GPU overclocking in latest driver update, irate customers up in arms

2015-02-17 22:01:48| Extremetech

Nvidia is under fire for disabling overclocking in mobile systems with its latest driver update and is defending the move as a bug fix. Complicating the issue is the fact that some OEMs actively sell laptops in overclocked configurations.

Tags: latest mobile update customers

 

Update on the GM-Honda collaboration on Gen 2 Fuel Cell Propulsion System

2015-02-17 13:55:29| Green Car Congress

Tags: system update cell collaboration

 

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