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South Korea's LG Group says plans record 6.3 trillion R&D investment in 2015

2015-03-12 03:40:12| Oil & Gas - Topix.net

South Korean conglomerate LG Group on Thursday said its companies plan to invest a record 6.3 trillion won in research and development in 2015 to secure future growth. An employee of LG Electronics walks behind company logos at a branch in Seoul February 21, 2005.

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Bayer upbeat, plans chemicals IPO by 2016

2015-03-11 11:24:05| Chemicals - Topix.net

Germany's Bayer AG is forecasting strong sales and earnings growth at its health-care division in the next three years, pegging the yearly sales potential of its top drugs at EUR7.5 billion . The Leverkusen-based company, which is preparing to spin off its high-tech plastics business, said on Wednesday that combined sales of its top drugs--the anticoagulant Xarelto, the eye medicine Eylea, the cancer drugs Stivarga and Xofigo, and the pulmonary hypertension drug Adempas--should rise toward EUR4 billion in this year Bayer said it aims to increase health-care revenue by an average of about 6% a year through 2017 to more than EUR25 billion.

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RWE plans 1bn investment to drive business in renewable energy sector

2015-03-11 01:00:00| Power Technology

RWE plans to invest nearly 1bn between 2015 and 2017 to grow its renewable energy portfolio.

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Telecom denies network 'split-up' plans

2015-03-10 22:15:05| Telecom - Topix.net

Rome, March 10 - Marco Patuano, chief executive officer of Telecom Italia, and Communications Undersecretary Antonello Giacomelli denied separately Tuesday there will be any "switch off" splitting up the Telecom Italia network. The denials evidently sounded the death knell for the idea that had been mooted before the government's high-speed broadband plan.

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Can Climate Action Plans Combat Megadrought and Save Colorado River?

2015-03-09 15:43:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: If a citys water supply is threatened by climate change, should that city enact a strong climate action plan? I believe the answer is yes, but few cities throughout the Colorado River basin are moving forward aggressively to address climate change even though the threat is increasing every year. Two of the largest reservoirs in the U.S.Lakes Mead and Powell along the Colorado Rivercontinue to lose water and are now less than half full with no prediction that the trend will change direction. The...

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