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TfL proposes to set up new subsidiary for Crossrail 2 project
2015-12-14 15:06:00| Railway Technology
London is proposing the establishment of a new company, as a wholly owned subsidiary of Transport for London (TfL), to undertake the 27bn Crossrail 2 project.
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Joy Global Inc. (JOY) Set to Announce Quarterly Earnings on Wednesday
2015-12-14 10:04:13| Industrial Machines - Topix.net
Joy Global Inc. is scheduled to be announcing its Q415 earnings results on Wednesday, December 16th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $791.14 million for the quarter.
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Tencent, Jack Ma, Huayi set up film, media company
2015-12-14 10:00:00| Telecompaper Headlines
(Telecompaper) Tencent, Alibaba's Jack Ma and movie studio Huayi Brothers Media are setting up a Hong Kong-listed company to develop films and entertainment for China and abroad, Bloomberg reported, citing a statement from the companies.
China to set up climate change fund
2015-12-12 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Fiji Times: CHINA is preparing to establish a fund for south-south co-operation on climate change. Speaking to Pacific Island journalists in Beijing last week, the People's Republic of China Foreign Affairs counsellor Zhao Jian said China understood and respected the concerns of PICs on this issue. "We know that climate change is a very important issue for island countries," he said. "We can say that in the international arena we always maintain consultation with island countries to see what we can do together...
Dow, DuPont set $130 billion megamerger, could spark more deals
2015-12-12 09:19:19| Chemicals - Topix.net
Chemical titans DuPont and Dow Chemical Co have agreed to combine in an all-stock merger valued at $130 billion in a first step toward breaking up into three separate businesses, a move that pleased activist investors and could trigger more consolidation. The "deal of three centuries," as Wells Fargo analyst Frank Mitsch dubbed it, combines two of the biggest and oldest U.S. chemical producers and will generate cost and tax savings.
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