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Swire Pacific unit workers strike, call for HK leader to step down
2014-09-29 11:49:09| Airlines - Topix.net
About 200 workers at Swire Beverage, a unit of Hong Kong conglomerate Swire Pacific and a major bottler for The Coca-Cola Company , went on strike on Monday in support of pro-democracy protesters in the city, a union representative said. The workers are also demanding the city's leader step down, the representative said.
Fosun ups bid for Portugal's Espirito Santo healthcare unit
2014-09-27 16:33:25| Beverages - Topix.net
China's Fosun International Ltd has upped its bid for Portugal's Espirito Santo Saude to 4.82 euros a share or 460.5 million euros in total, stepping up the battle over the hospital business of the indebted Espirito Santo family. Portugal's CMVM market regulator said late on Friday it registered the all-cash offer by conglomerate Fosun's Portuguese insurance unit Fidelidade, while also extending by a week to Oct. 10 a rival offer by Mexico's Grupo Angeles, the first to bid for ESS.
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GM Says Ratings Upgrade Aids Loan Unit to Support Car Sales
2014-09-27 00:10:34| Auto Dealers - Topix.net
General Motors Co. plans to take advantage of its return to investment grade, which could lower borrowing costs, by strengthening its lending arm, Chief Financial Officer Chuck Stevens said.
Whistleblower suit brought against Universal Stainless & Alloy unit
2014-09-26 17:58:06| Steel - Topix.net
The U.S. Department of Labor has filed a lawsuit against a unit of Bridgeville-based Universal Stainless and Alloy, alleging the company violated whistleblower protection provisions of the Occupational Safety and Health Act. According to the department, a furnace operator at the company's North Jackson Specialty Steel facility in North Jackson, Ohio, was terminated for reporting unsafe working conditions at the mill.
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California Firm Opens Organic Waste to Energy Unit
2014-09-26 11:00:00| Waste Age
South San Francisco Scavenger Co. Inc. (SSFSC) has opened a facility to convert food and yard waste to transportation fuel and compost through a dry anaerobic digestion (AD) system. read more
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