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Greenpeace sinks Lego $116 million deal with Shell Oil over Arctic drilling

2014-10-10 01:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Lego has announced it will be severing its partnership with the oil giant, Dutch Royal Shell, when the current contract expires after a clever campaign by environmental activist group, Greenpeace. Since 2011, Lego has been selling exclusive sets at Shell stations-a deal valued at $116 million-but the companies' relationship actually goes back decades. In 1966, the Danish toy company first began selling Lego sets with Shell's brand stamped on them. Greenpeace targeted the partnership due to Shell's...

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Deal struck to replace Midla Pipeline

2014-10-09 17:28:52| Energy - Topix.net

American Midstream Partners will build a new natural gas pipeline that will preserve service to thousands of customers from Winnsboro, Louisiana, to Natchez, Mississippi. Last year, the Midla Pipeline owners asked the Federal Energy Regulatory Commission for permission to abandon the line, citing safety concerns.

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Endo Intl to buy Auxilium in deal worth $2.6B

2014-10-09 17:23:41| Biotech - Topix.net

Ireland's Endo International is planning to buy Auxilium Pharmaceuticals in a sweetened cash-and-stock deal valued at $2.6 billion a few weeks after Auxilium rejected a lower bid. The Auxilium board embraced the latest offer but its shareholders get to vote on it.

Tags: buy deal worth intl

 

China, EU to soon reach final deal on telecom trade - report

2014-10-09 14:06:00| Telecompaper Headlines

(Telecompaper) China and the European Union will reach a deal to resolve a long-running telecoms dispute by the end of October, Reuters reports, citing unnamed people close to the matter. According to the same source, of China agrees to some concessions, the EU's trade chief is ready to drop a probe into what Brussels claims are illegal subsidies to Chinese makers of equipment for mobile telecom networks.

Tags: report china final trade

 

Austrian Airlines, Crew Agree Wage Deal

2014-10-09 13:42:39| Airlines - Topix.net

Deutsche Lufthansa AG subsidiary Austrian Airlines said Wednesday it has agreed with flight and cabin crew on the basic framework of a wage agreement in a two-year-old dispute stemming from the airline's transfer of flight operations to its lower-cost unit.

Tags: agree deal crew airlines

 

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