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Germany offers India 2 billion in solar, clean energy funds

2015-10-05 16:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Germany will deliver EUR2 billion (US$2.2 bn) to India in a deal aimed to boost solar energy and green developments across the country, the countries revealed on Monday. According to a joint statement, EUR1 billion has been offered over five years to help India meet a goal of deploying 100 gigawatts of solar by 2022. A further billion will go towards "green energy corridors" linking major cities, and boosting electricity access in rural areas. India prime minister Narendra Modi said he had...

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Suncor launches $4.3 billion bid for Canadian Oil Sands

2015-10-05 14:16:54| Oil & Gas - Topix.net

The Calgary-based company says it's offering Suncor shares worth about $4.3 billion and would take on about $2.3 billion of debt owed by Canadian Oil Sands, making the total transaction worth $6.6 billion. Suncor says the offer would give shareholders of Canadian Oil Sands a stake in Canada's largest integrated energy company, which includes the Petro-Canada chain of fuel stations as well as its own oil and gas production and refining operations.

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HTC reports net loss of TWD 4.48 billion in Q3

2015-10-05 13:47:00| Telecompaper Headlines

(Telecompaper) HTC has reported unaudited quarterly revenue of TWD 21.40 billion for the fiscal 2015 third quarter ended 30 September. Operating loss was TWD 4.94 billion. Net loss before tax amounted to TWD 4.49 billion, while net loss after tax stood at TWD 4.48 billion. This compares to a net profit of TWD 640 million for the third quarter of 2014. EPS were negative at TWD 5.41 for the quarter ended 30 September 2015.

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AquantiaA Raises $37 Million in Growth Capital Targeting the Billion ...

2015-10-05 13:10:02| Semiconductors - Topix.net

New investors participating in this round include Credit Suisse's Direct Equity Partners, GLOBALFOUNDRIES, and and currently employs over 160 people. Since its first round of funding in 2005, Aquantia has become a market leader in high-speed Ethernet copper connectivity solutions in data center and enterprise.

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Nelson Peltz's Trian Fund takes US$2.5 billion stake in GE: WSJ

2015-10-05 10:02:37| Food - Topix.net

Nelson Peltz's Trian Fund Management has accumulated US$2.5 billion in General Electric shares since May - a roughly 1 percent stake - making it one of the company's top 10 shareholders, the Wall Street Journal reported. Nelson Peltz, one of the principles of the Trian Group, addresses the audience at the H.J. Heinz Co.

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