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Fiat Chrysler to spin off Ferrari, issue $2.5b convertible bond
2014-10-30 08:13:41| Auto Dealers - Topix.net
Fiat Chrysler Automobiles said on Wednesday it will spin off its luxury sports car maker Ferrari and list the shares as part of a bigger scheme which includes a $2.5 billion convertible bond issue to help fund its ambitious business plan. The newly created FCA, which moved its primary share listing to New York earlier this month, wants to invest 48 billion euros over the next five years to turn Jeep, Maserati and Alfa Romeo into global brands and rival Volkswagen and BMW by strengthening its position in the fast-growing and high-margin market for premium cars.
Mothercare raises GBP95m through rights issue
2014-10-27 11:25:00| Daily apparel & textile news and comment - from just-style.com
Struggling mother and baby products retailer Mothercare has raised around GBP95m (US$153m) from its rights issue, which it hopes will help turn the fortunes of the company's UK operations around.
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Steady hard rainfall causes combined sewer overflow in Portland, officials issue 48 hour warning
2014-10-24 18:09:59| PortlandOnline
Andrew Theen in The Oregonian, October 22, 2014
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Future Rail: Issue 20
2014-10-22 14:57:00| Railway Technology
In this issue: A new Tube for London, Arups vision for rail transport in 2050, Samsungs tech offering to rail operators, what rail operators can learn from airport security, Chinas push for international high-speed projects and more
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Our favorite Pope still needs to address one major issue
2014-10-17 23:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: Pope Francis, a.k.a. the Ultimate Chill Dude Pope of All Time (UCDPAT), has been a publicity dream for the Catholic Church. Even on Grist, weve sung his praises for his love of public transit and calls to action regarding climate change. There`s just one little area, however, where ol` UCDPAT`s climate action plan leaves a lot to be desired: contraception. The draft document from the 2014 Synod on the Family (which comes to an end on Sunday) includes a significant reworking of the language used...
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