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Doubling of renewables will add $A1.9 trillion to global economy by 2030

2016-01-16 06:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Renew Economy: A doubling in the world-wide deployment of renewable energy could deliver $A1.9 trillion of economic benefits by 2030, and could boost the economies of major fossil fuel exporters such as Australia, according to a major new report. A detailed study by the International Renewable Energy Agency says that a doubling in renewable energy around the world to 36 per cent of electricity by 2030 would not just get the world halfway to its climate goals as it suggested in a separate study last year --...

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Kakao acquires 76.4% stake in Loen for KRW 1.87 trillion

2016-01-11 09:25:00| Telecompaper Headlines

(Telecompaper) Mobile messenger operator Kakao has agreed to acquire a 76.4 percent stake in Loen Entertainment, provider of MelOn, for KRW 1.87 trillion. Loen Entertainment is a Korean music download and streaming platform provider. The acquisition is expected to provide Kakao with key assets to create new content platforms and expand into global markets by using Kakao's mobile platforms and Loen's music content.

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How to spend $5 trillion: a record-breaking year in deals

2015-12-30 22:30:00| Biotech - Topix.net

In this Monday, Nov. 23, 2015, file photo, a man enters Pfizer's world headquarters, in New York. Pfizer and Allergan will join in a $160 billion deal to create the world's largest drugmaker.

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After fueling US$1 trillion Asia deal spree, China's M&A set to hit new heights in 2016

2015-12-22 05:56:38| Chemicals - Topix.net

China Inc's outbound acquisitions spree in 2015 helped push Asia-Pacific's annual deal value past US$1 trillion for the first time, with 2016 set for a bigger splurge still as Chinese firms buy even more assets abroad to sidestep slowing domestic growth. A vendor holds Chinese Yuan notes at a market in Beijing in this August 12, 2015 file photo.

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$4.6 Trillion In Global M&A Broke Records This Year

2015-12-21 23:21:39| Beverages - Topix.net

M&A activity throughout 2015 will prove to be the largest year ever for M&A activity, according to a report by the Financial Times , citing Thomson Reuters data. The report noted that global M&A activity for 2015 peaked at $4.6 trillion, eclipsing the prior record of $4.3 trillion just eight years ago.

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