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SoftBank, partners eye $20 billion investment in Indian solar projects

2015-06-22 14:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Japan's Softbank Corp (9984.T), together with Bharti Enterprises and Taiwan's Foxconn (2354.TW), will invest about $20 billion in solar projects in India, in one of the biggest investment pledges to date in the country's renewable energy sector. Softbank, which previously said it would invest $10 billion in India over time, said on Monday the companies had agreed a minimum commitment of generating 20 gigawatts of energy. SoftBank will have majority control in the newly formed company, SBG Cleantech,...

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U.S. investors to keep eye on Greece as crisis worsens

2015-06-21 21:02:33| Apparel - Topix.net

U.S. investors are expected to keep an eye on the Greek debt drama next week amid reports that Greece's coffers are so depleted that its banks may not have enough money to open for business on Monday. "With the situation in Greece once again at the make or break point, there is some degree of nervousness," said Scott Brown, chief economist at Raymond James.

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Investors eye improvements in data for housing stocks

2015-06-20 04:38:19| Real Estate - Topix.net

Housing stocks rallied on Friday and the industry group should get more good news next week, though sustained and robust future gains may depend on wage growth and other signs of improving home affordability. On Monday, the National Association of Realtors is expected to report strong growth in existing home sales for May. On Wednesday, Lennar posted stronger-than-expected quarterly earnings and revenue as it sold more homes at higher prices.

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US apparel firms eye expanded Asia sourcing

2015-06-18 13:49:00| Daily apparel & textile news and comment - from just-style.com

US apparel companies are expressing a stronger interest in increasing their sourcing from countries such as Vietnam, India, Bangladesh and Indonesia, over the next two years, a new study has found.

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NOEMA discovers "Eye of Medusa" Star Formation

2015-06-17 11:53:38| rfglobalnet Home Page

NOEMA (Northern Extended Millimeter Array), the most powerful millimetre radio telescope of the Northern Hemisphere, has unveiled its first astronomical image: a unique and spectacular view of a previously unknown region of extreme star formation in the ‘Medusa merger’ – a luminous collision of two galaxies at more than 100 million light years from Earth.

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