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Bid to break gridlock on final day of Lima climate talks
2014-12-12 14:46:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: Talks on a pact to curb climate change entered their final day in Lima Friday, seeking an end to deadlock among rich and poor countries, amid appeals to avoid a weak compromise. Progress in the December 1-12 talks has been hampered by a flareup in a years-old dispute over sharing responsibility for tackling the climate problem. Efforts to overcome the row went into the night, setting the annual UN parlay on course for a familiar climax of haggling and frayed nerves. Campaign groups warned...
Judge Denies Bid to Reopen Garlock Asbestos Liability Trial
2014-12-12 10:26:45| Industrial Machines - Topix.net
Garlock Sealing Technologies LLC, the EnPro Industries Inc. unit that filed Chapter 11 in June 2010 to address asbestos claims, won a long-fought battle with personal-injury claimants when their request to reopen the record of a trial estimating the company's aggregate asbestos liability was denied. U.S. Bankruptcy Judge George R. Hodges in Charlotte, North Carolina, already held a lengthy trial to estimate the amount of valid claims, finding in January that $125 million was a "reasonable and reliable estimate" of the total liability to pending and future mesothelioma claimants.
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Auto parts supplier Yamashita pleads guilty to bid rigging, fined $4.5 million
2014-12-11 21:21:05| Automakers - Topix.net
Japanese auto parts supplier Yamashita Rubber Co. has been fined $4.5 million after pleading guilty to participating in an international price-fixing scheme.
Spurned once, Cargill may still bid for $4 billion feed supplier Nutreco
2014-12-11 20:03:01| Food - Topix.net
Cargill Inc. is considering a solo bid for animal-feed supplier Nutreco, a month after its joint bid for the Dutch company was turned down. Bloomberg reports that the Wayzata-based agribusiness giant says it "remains interested in pursuing the acquisition of Nutreco."
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UPDATE 1-Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg's
2014-12-10 13:00:43| Food - Topix.net
Egypt's financial regulator on Thursday extended the offer period for UAE's Abraaj Investment Management for Egyptian cake and biscuit maker Bisco Misr to December 24 to match the period of rival bidder Kellogg Co. Kellogg, the world's biggest breakfast cereal maker, has twice topped Abraaj's bids.
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