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Fixing Lead Problem In Newark Could Cost $1 Billion

2016-04-04 02:48:57| pollutiononline Home Page

Officials in Newark, NJ, are making entreaties for state and federal funding to help solve the city’s lead contamination crisis, saying the cleanup could cost over a billion dollars.

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Annual Revenue for C&I Energy Storage Reach $10.8 Billion by 2025

2016-04-01 15:49:00| Electrical Construction & Maintenance

A new report from Navigant Research examines the global market for commercial and industrial energy storage read more

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Japan's NTT Data To Buy Dell's IT Services Biz for $3.05 Billion

2016-03-31 11:27:53| IT Services - Topix.net

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Foxconn agrees Sharp takeover for JPY 389 billion

2016-03-30 12:14:00| Telecompaper Headlines

(Telecompaper) Sharp and Hon Hai Precision Industry have reached agreement on the latter's investment in Sharp. An initial agreement was first announced at the end of February, and it took a month for the companies to agree to the final terms. Under the deal, Hon Hai and its unit Foxconn will subscribe to JPY 288.8 billion in new common shares issued by Sharp, giving the Taiwanese company a 66 percent stake. The price per share is JPY 88, a significant discount to Sharp's more recent range of around JPY 130. Hon Hai will also acquire JPY 100 billion in new class C preferred shares in Sharp. These can be converted at a ratio of 1:100 from 01 July 2017. Further details of the agreement, such as the role of Sharp's creditors, were not disclosed. 

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Chinese companies have spent around US$15 billion to acquire...

2016-03-30 08:35:43| Semiconductors - Topix.net

China, which produces over 90 per cent of the world's smartphones, still relies heavily on imported chips but China IC Industry Investment Fund is helping to develop the domestic industry Acquisitions by the government-backed China IC Industry Investment Fund to help expand the country's semiconductor industry have reached 43 billion yuan so far and show no signs of abating, analysts said. "We expect the Chinese government to continue investing heavily in this industry," said Bernstein senior analyst Mark Li, lead author of a research note about the state's "Big Fund".

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