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Cenovus confirms talks about potential sale of assets, silent on buyer's identity

2015-06-20 07:32:39| Energy - Topix.net

Cenovus Energy Inc. confirmed Friday that it's in talks about the potential sale of royalty lands but provided no details of the other party's identity or the estimated value of the deal. The announcement follows a Reuters news report that the Calgary-based company was holding exclusive talks with the Ontario Teachers Pension Plan about a deal that sources said could be worth between $2.5 bilion and $3 billion.

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Honda confirms eighth death linked to Takata airbags

2015-06-20 02:37:00| Automakers - Topix.net

Honda Motor Co's U.S. unit said on Friday it has linked the September 2014 death of a woman in Los Angeles, California, to the rupture of a Takata airbag inflator, bringing to eight the number of fatalities related to defective Takata airbags. U.S. highway safety regulators also confirmed that the death of Jewel Brangman in a 2001 Honda Civic is the seventh U.S. death, and the eighth fatality worldwide related to Takata airbag inflators that can explode, sending shards of metal through the passenger compartments of cars.

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Intel chief confirms layoffs could affect 'hundreds' at company sites

2015-06-17 19:11:20| Agriculture - Topix.net

Intel's top executive, in confirming that layoffs at Oregon's largest private employer and other company locations are imminent, said the losses will be limited to generally a few hundred" posts per Intel location. So reports the Oregonian , which received a copy of the memo Brian Krzanich sent to employees on Tuesday.

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Fox confirms Murdoch handover plans

2015-06-17 00:14:26| BBC News | Business | UK Edition

21st Century Fox confirms that James Murdoch will take over as chief executive from his father Rupert on 1 July.

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FDA Confirms PHO Ban

2015-06-16 17:16:00| Food Processing

Agency removes GRAS status for partially hydrogenated oils, gives industry three years to comply

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