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UN chief seeks 'global action' on climate change this year

2015-05-25 16:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: UN chief Ban Ki-Moon on Monday called for "global action" this year to limit climate change as international weather experts began a quadrennial congress in Geneva. The World Meteorological Organization (WMO) meeting comes ahead of a key conference in Paris at the end of the year which will be the first attempt to clinch a planet-wide deal on global warming since the near-disastrous 2009 UN summit in Copenhagen. The Paris accord, which would take effect from 2020, would aim at limiting global warming...

Tags: year change action global

 

Report: Uber Seeks $1 Billion Credit Line; Could Presage IPO

2015-05-24 16:49:39| Telecom - Topix.net

Uber Technologies Inc. wants to obtain a bank credit line worth a $1 billion in a development that could presage an initial public offering for the ride-sharing company. About a half-dozen large banks are expected to form a lending consortium to provide the credit, according to a report Friday in The Wall Street Journal .

Tags: report line credit billion

 
 

Railroad seeks $5 million from tug owners for bridge damage

2015-05-22 08:10:10| Railroads - Topix.net

Nearly a month after a barge on the Southern Branch of the Elizabeth River struck and damaged a key rail bridge in Chesapeake owned by Norfolk Southern Corp., the railroad has filed a lawsuit against two tugboats and their owners. The suit, filed this week in Norfolk federal court against St. Augustine, Fla.-based Tradewinds Towing LLC and Chesapeake-based Intracoastal Marine Inc., respective owners of the tugs Simone and Maverick, seeks up to $5 million in damages.

Tags: million owners damage bridge

 

Ciber ends 'poison pill,' seeks new directors

2015-05-22 02:41:14| IT Services - Topix.net

Greenwood Village's Ciber Inc. moved Thursday to rid itself of its so-called "poison pill," a mechanism to protect management and prevent hostile takeovers. The decision to terminate its shareholder rights agreement - the poison pill - will improve corporate governance and goes into effect June 1, the company said.

Tags: ends directors seeks pill

 

VIDEO: HK exchange seeks ties with Shenzhen

2015-05-21 03:31:53| BBC News | Business | UK Edition

The head of the Hong Kong stock exchange tells the BBC a decision on the timing of an investment link between Hong Kong and Shenzhen exchanges could come within days.

Tags: video exchange seeks ties

 

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