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Germany's biggest bank pulls funding for Abbot Point coal terminal

2014-05-23 07:30:00| Climate Ark Climate Change & Global Warming Newsfeed

AAP: Germany's biggest bank has pulled out of a controversial Queensland coal port expansion because it says there is no consensus over how it will impact the Great Barrier Reef. Deutsche Bank confirmed its position on Wednesday night (Australian time) at its annual meeting in Germany in front of environmentalists and tour operators. "As there is clearly no consensus between the Australian government and UNESCO regarding the impacts of the Abbot Point expansion on the reef we will not consider financial...

Tags: point bank funding biggest

 

Lower costs help Germany's Lufthansa trim Q1 loss

2014-05-06 14:39:48| Airlines - Topix.net

Lufthansa says it narrowed its loss in the first quarter thanks to a cost-cutting program and lower fuel prices.

Tags: lower costs loss trim

 
 

Germany's Bayer to buy Merck consumer business

2014-05-06 13:57:03| Chemicals - Topix.net

Germany's Bayer plans to buy U.S. drug company Merck & Co.' s non-prescription medicine and consumer care business for $14.2 billion, gaining products such as Claritin allergy pills, Coppertone sun lotion and Dr. Scholl's footcare products.

Tags: business buy consumer bayer

 

Germany's Bayer to buy Merck consumer business

2014-05-06 13:44:50| Biotech - Topix.net

Germany's Bayer plans to buy U.S. drug company Merck & Co.' s non-prescription medicine and consumer care business for $14.2 billion, gaining products such as Claritin allergy pills, Coppertone sun lotion and Dr. Scholl's footcare products.

Tags: business buy consumer bayer

 

Germanys power market: could coal reliance reign in this renewable powerhouse?

2014-04-14 01:00:00| Power Technology

Germany has witnessed a surge in renewable technology ever since the decision in 2011 to do away with nuclear power. Critics however, doubt the country will be able to meet ambitious C02 unless coal can be cut out of the equation, GlobalData Senior P

Tags: power market reliance coal

 

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