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DNA's owners abandon sale plans

2013-07-16 11:07:00| Telecompaper Headlines

(Telecompaper) Finnish operator DNA announced that its owners have decided to keep the same ownership base despite receiving a number of takeover proposals and considering an IPO. The current market conditions are not the best for a change in ownership, DNA said. DNA's owners have decided at this stage to focus their attention on the company's growth, performance and value creation in the existing ownership. DNA is controlled by companies that were previously local phone carriers in Finland. The largest shareholder is Finda Group, which owns close to 33 percent. According to recent media reports, the company attracted the interest of several private equity groups and was valued at over EUR 1 billion.

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China plans to quadruple solar power-generating capacity by 2015

2013-07-16 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: China has given a lift to the renewable energy industry by formally setting out plans to more than quadruple its solar power-generating capacity to 35 gigawatts by 2015. Chinas State Council, or cabinet, said it hoped 10GW of capacity would be added annually over the next three years, in a step that should help soak up the countrys sizeable share of a global glut in supply that has savaged many of the industrys biggest names and seen solar panel prices plummet in the past two years. This confirms...

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AT&T gets in on no-contract, early upgrade plans too

2013-07-16 06:01:00| CNET News.com

Following T-Mobile's announcement from last week, AT&T Next offers the option for customers to pay for their smartphones in monthly installments, as well as upgrade once a year. [Read more]    

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Australia plans to scrap carbon tax, bring forward trading scheme

2013-07-16 03:38:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Australia's government moved on Tuesday to scrap its carbon tax and bring forward an emissions trading scheme a year earlier than planned, a policy shift certain to be a focal point in an election likely to be held within weeks. Prime Minister Kevin Rudd said he wants the fixed price on carbon emissions to end on June 30, 2014. A floating carbon price, or emissions trading scheme (ETS) that will be linked to the European carbon market, will start the following day. Rudd said the change would...

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Elon Musk says 'hyperloop' plans coming soon

2013-07-15 17:44:27| CNET News.com

The SpaceX founder and psuedo-Tony Stark for the real world says he will open-source his plans for a super-fast transport system. [Read more]    

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