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United Kingdom: For flood-hit areas the problems dont stop after the waters have receded
2015-12-11 17:39:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Government pledges to spend billions of pounds on flood defences wont necessarily shield householders against rising insurance costs in flood-hit areas of the country, despite the protection they offer. Around 23m of defences were completed in June in the Northumberland town of Morpeth after major floods in 2008 and 2012 wrought devastation. Yet some householders near the river Wansbeck still face massive and sometimes rising insurance premiums. Labour MP for Morpeth, Ian Lavery, has raised the...
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United Spirits to guarantee loan of US$15m to Pioneer Distilleries
2015-12-11 13:23:00| Daily beverage news and comment - from just-drinks.com
Diageo's United Spirits division is set to act as corporate guarantor for a US$15m loan to Pioneer Distilleries.
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United Technologies unveils $1.5 billion restructuring plan to cut costs
2015-12-11 04:33:43| Industrial Machines - Topix.net
The U.S. aerospace and building systems conglomerate said 2016 adjusted earnings will be $6.30 to $6.60 per share on revenue of $56 billion to $58 billion. Most of the EPS gain will come from share buybacks, it noted.
United Kingdom: Climate Change Increased Chances Of Heavy Rains Such As Storm Desmond, Scientists Conclude
2015-12-11 01:10:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Man-made climate change has increased the chances of heavy rainfall in the area of the UK affected by Storm Desmond, scientists conclude. Researchers from the Royal Netherlands Meteorological Institute (KNMI), University of Oxford and Climate Central used three independent analytical techniques to show that climate change has increased the likelihood of such rains by about 40%, with the range of increase running from 5% to 80%. The methods include statistical analyses of the historical temperature...
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United Technologies Unveils $1.5B Restructuring Plan
2015-12-11 00:40:33| Paper - Topix.net
United Technologies Corp raised the lower end of its full-year adjusted earnings forecast and announced a $1.5 billion restructuring plan aimed at reducing costs, mainly through factory consolidation. The U.S. aerospace and building systems conglomerate now expects 2015 adjusted earnings of $6.20-$6.30 per share, raising the lower end of the previous estimate by 5 cents.
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