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New Zealand upbeat on wine sales in EU ahead of trade deal

2015-11-02 14:14:00| Daily beverage news and comment - from just-drinks.com

New Zealand's wine industry could benefit from a new Free Trade Agreement with the European Union, with preparatory talks now under way.

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Oi enters exclusive talks with L1 on TIM deal

2015-10-31 16:17:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi has agreed to enter exclusive talks with L1 Technology on its proposal for a capital injection conditional on agreeing a merger with TIM Brasil. Oi said it made a proposal to L1, a company owned by Russian billionaire Mikhail Fridman, for an exclusivity period of seven months, starting from 23 October. L1 confirmed the talks in a statement, saying discussions were still at a preliminary stage. The two companies will explore proposals "to develop viable structuring and financing options that would enable Oi to participate in any consolidation of the Brazilian telecommunications sector". L1 Technology said it is a long-term investor, and its team has ten years' experience in the telecoms sector in emerging and developed markets. If the transaction is completed, Oi said it expects it will lead to a reduction in leverage and help turn the company into a more robust player, supported by the generation of important synergies and economies of scale. A potential business combination of Oi and TIM would create a more complete and well-positioned telecommunications operator that would be able to compete against global players already operating in Brazil, Oi said. 

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Paris climate deal to ignite a $90 trillion energy revolution

2015-10-31 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: The fossil fuel industry has taken a very cavalier bet that China, India and the developing world will continue to block any serious effort to curb greenhouse emissions, and that there is, in any case, no viable alternative to oil, gas or coal for decades to come. Both assumptions were still credible six years ago when the Copenhagen climate summit ended in acrimony, poisoned by a North-South split over CO2 legacy guilt and the allegedly prohibitive costs of green virtue. At that point the...

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EU emissions testing deal will hurt the industry, auto makers say

2015-10-31 13:42:38| Automakers - Topix.net

The Volkswagen logo sits on a sign above the Volkswagen AG factory in Braunschweig, Germany, on Thursday, Oct. 22, 2015. The Volkswagen logo sits on a sign above the Volkswagen AG factory in Braunschweig, Germany, on Thursday, Oct. 22, 2015.

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'No pressure on India as result of China-US climate deal'

2015-10-31 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: Denying there is any pressure on India ahead of next month's Paris Climate Change Conference as a result of the China-US climate deal, India today said its per-capita emissions are much lower than the top two polluters and its efforts in cutting pollution are widely appreciated. India will not reach the per-capita emission levels, China and the US have committed to achieve by 2020, Environment Minister Prakash Javadekar said after attending the 21st BASIC (Brazil, South Africa, India, China) countries...

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