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United Kingdom: Green investment bank's chief plans to borrow and raise debt

2013-05-09 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The chief of the UK's 3bn green investment bank is preparing to move the bank to borrowing and raising debt, in order to vastly expand its scope in bringing forward renewable energy and other environmental projects across the country. The move would be a sharp break with the current set-up of the bank, which on Thursday published data for the first time on its initial investments totalling 635m. It receives money from the Treasury in order to fund green projects, but is not allowed to raise...

Tags: united kingdom green plans

 

Ministers back moves to raise EU carbon prices

2013-05-07 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: Energy and environment ministers from the EUs three biggest economies have backed moves that would raise carbon prices across the bloc. Ministers from Germany, France and the UK, along with those from four other countries, have issued a joint statement, seen by the Financial Times, declaring that it is time to end myths over the potential costs and risks of bolstering the EUs battered emissions trading system. But confusion over Germanys position on the issue means it is still unclear if it...

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VIDEO: Turner: Bonus cap may raise salaries

2013-05-01 11:02:11| BBC News | Business | UK Edition

Former chairman of the UK's Financial Services Authority, Lord Turner, tells HARDtalk that proposed EU caps on bonuses will lead to 'complications' for global banks.

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Unilever to raise stake in Hindustan Unilever in $5.4 bn offer

2013-04-30 08:54:06| Food - Topix.net

Unilever Plc will pay $5.4 billion to raise its stake in its Indian unit, Hindustan Unilever, to up to 75%. Anglo-Dutch consumer goods giant Unilever Plc will pay as much as $5.4 billion to raise its stake in its Indian unit, Hindustan Unilever, to up to 75 percent in a bet on fast-growing spending power in Asia's third-largest economy.

Tags: offer raise stake unilever

 

Softbank won't raise bid for Sprint

2013-04-30 02:00:00| Total Telecom industry news

Japanese operator claims rival Dish bid is 'misleading' to shareholders; posts 7.8% decline in net profit.

Tags: bid raise sprint softbank

 

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