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Spain's Gamesa signs deal to strengthen wind power sector in Mexico
2015-12-03 01:00:00| Power Technology
Spanish manufacturer Gamesa is expected to boost the wind power generation sector in Mexico, for which it has signed a Memorandum of Understanding (MoU) with the Mexican Electricity Board (CFE).
Tags: power
mexico
deal
sector
Home Depot executive defends Electrolux deal for GE in U.S. court
2015-12-03 00:21:30| Appliances - Topix.net
Dec 2 AB Electrolux's deal to buy General Electric Co's appliance business will tie together two companies facing stiff competition from Asian competitors and be good for consumers, Home Depot Inc executive Bob Baird testified in U.S. federal court on Wednesday. The Justice Department is asking a judge to stop Sweden's Electrolux, which makes Frigidaire, Kenmore and Tappan appliances, from buying GE's appliance business for $3.3 billion.
EU clears Solvay-Cytec deal with conditions
2015-12-02 17:52:20| Chemicals - Topix.net
The European Commission has approved Belgian chemical group Solvay's planned $5.5B purchase of Cytec Industries .
Tags: conditions
deal
clears
deal clears
Paris climate summit: Earth may warm by 6°C even with deal
2015-12-02 17:17:00| Climate Ark Climate Change & Global Warming Newsfeed
New Scientist: The offers on the table for the UN`s climate summit in Paris this month are not enough to limit warming to 2 °C, a level considered to be relatively safe. But a series of recent analyses suggest a deal could put us on course to keep warming below 3.7 °C - perhaps as low as 2.7 °C. The analyses are based on the actions countries are prepared to take, known as their Intended Nationally Determined Contributions. These only cover the period up to 2030, and many are very vague, so a host of assumptions...
VW Said to Sign 20 Billion-Euro Bridge Financing Deal on Friday
2015-12-02 16:30:40| Automakers - Topix.net
Volkswagen AG plans to sign a 20 billion-euro bridge financing deal with about 13 banks on Friday to demonstrate that the German automaker has adequate liquidity to weather the emissions cheating scandal, according to people familiar with the matter. The banks, led by Citigroup Inc. and UniCredit SpA, will each provide financing of either 1.5 billion euros or 2.5 billion euros, said the people, who asked not to be identified because the negotiations are confidential.
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