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Victory as palm oil company vows to stop felling rainforest
2015-06-13 23:46:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: A major palm oil company blamed for cutting down swathes of the rainforest has said it will stop clear-felling trees, in a move hailed by campaigners as a major breakthrough. Astra Agro Lestari (AAL), a subsidiary of the multinational conglomerate Jardine Matheson, announced a moratorium less than a month after The Independent on Sunday highlighted a campaign by pressure groups to make guests of the luxury Mandarin Hotel chain another Jardine Matheson firm aware of deforestation by AAL in...
PPG to acquire Indiana specialty coatings company
2015-06-12 11:54:25| Chemicals - Topix.net
Based in Indiana, IVC-a specialty powder and liquid coatings manufacturer-had sales of more than $100 million in 2014, according to PPG . The transaction is expected to close in the third quarter, subject to customary closing conditions.
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Twitter CEO resigns, company drops 140 character limit
2015-06-12 09:03:00| Telecompaper Headlines
(Telecompaper) Twitter CEO Dick Costolo has announced his resignation, on the same day the company decided to end the 140 character limit on direct messages, Bloomberg resported. The resignation will take effect from 1 July. Co-founder Jack Dorsey will replace Costelo as interim, until a permanent replacement is found. Costolo came under fire from investors for failing to rejuvenate the service and for low customer uptake. He will leave without taking about USD 16 million in stock awards. The market welcomed the departure, with shares jumping in late trading. Dorsey's appointment signals the company will focus on improving its product, after a rake of leadership changes in the last five years. Direct Messages are different from tweets in that they are only visible between individual users. The change in the number of allowed characters will come next month.
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China group tops Cypress in bid for Silicon Valley chip company ISSI
2015-06-12 03:19:50| Telecom - Topix.net
The see-saw bidding for Silicon Valley chip maker Integrated Silicon Solution Inc. continued Thursday as a Chinese investment group topped Cypress Semiconductor with a bid of nearly $700 million. Shareholders, who are sitting on the sidelines watching the contest, have seen the company's value rise nearly $60 million from the original offer Integrated Silicon was ready to sign in March with Uphill Investment, a Chinese private equity consortium.
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China group tops Cypress in bid for Silicon Valley chip company ISSI
2015-06-11 22:55:25| Semiconductors - Topix.net
The see-saw bidding for Silicon Valley chip maker Integrated Silicon Solution Inc. continued Thursday as a Chinese investment group topped Cypress Semiconductor with a bid of nearly $700 million. Shareholders, who are sitting on the sidelines watching the contest, have seen the company's value rise nearly $60 million from the original offer Integrated Silicon was ready to sign in March with Uphill Investment, a Chinese private equity consortium.
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company
china
valley
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