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FirstGroup and MTR UK joint venture to bid for South Western rail franchise

2016-06-20 01:00:00| Railway Technology

FirstGroup has announced plans to form a joint venture (JV) with MTR UK to bid for the South Western rail franchise.

Keystone XL Owner TransCanada Wins Bid For Underwater Gas Pipeline Across Gulf of Mexico

2016-06-18 19:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Desmog Blog: TransCanada, owner of the proposed Keystone XL pipeline currently being contested in federal court and in front of a North American Free Trade Agreement (NAFTA) legal panel, has won a $2.1 billion joint venture bid with Sempra Energy for a pipeline to shuttle gas obtained from hydraulic fracturing (fracking) in Texas' Eagle Ford Shale basin across the Gulf of Mexico and into Mexico. The 500-mile long Sur de Texas-Tuxpan pipeline, as reported on previously by DeSmog, is part of an extensive pipeline...

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Deutsche Telekom considers bid for HEG - report

2016-06-16 17:05:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom is considering a bid for web hosting provider Host Europe Group (HEG) as it looks to expand its cloud business, reports Reuters. Telekom plans to use web hosting subsidiary Strato to acquire HEG and is looking to team with US private equity companies to finance the deal, according to unnamed sources. The investment firms examining a joint bid with Telekom reportedly include Blackstone and Hellman & Friedman. HEG is currently owned by private equity firm Cinven. Sources said that Cinven wants to launch a sales process before August and is targeting a valuation of around EUR 1.7 billion.

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Karachi opens heat relief centres in bid to cut death toll

2016-06-16 04:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Last summer, temperatures as high as 45 degrees Celsius led to more than a thousand heat-related deaths in Karachi. This year, as it prepares for the peak of summer heat, the city has opened 179 heatstroke centres to try to hold down the death toll. Officials have also trained scores of new ambulance drivers and are working with utility companies to try to keep electricity and water flowing as the city's 24 million people battle summer heat during the month-long Islamic fast of Ramadan, when drinking...

Tags: death cut heat bid