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Germany Merkel Seeks Global Emissions-Trading Market Protect Climate

2015-05-18 14:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: German Chancellor Angela Merkel is seeking a global emissions-trading system to help curb climate change. Nations should identify their climate-protection targets quickly and live up to financial-aid promises made to poor nations, she said. Extending Europes emissions-trading system, the worlds largest, to other regions would level the playing field, Merkel said Saturday in her weekly video message. It would also enable us to extend certificate trading to more areas, Merkel said. Germany,...

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Xiaomi to open storefronts in US, UK, France, Germany

2015-05-18 08:56:00| Telecompaper Headlines

(Telecompaper) Chinese smartphone maker Xiaomi announced plans to open its own shops in the US, UK, France and Germany. A beta test will allow residents of the four countries to shop on the company's mi.com website and purchase accessories like the 5000mAh and 10400mAh Mi power banks, Mi Band and Mi Headphones. Limited quantities will be available from 19 May for purchase. Customers can register early on the site before sales start. 

Tags: france open germany storefronts

 
 

Siemens completes first firing at 595MW CCPP Düsseldorf power plant in Germany

2015-05-18 01:00:00| Power Technology

German company Siemens has completed first firing of its H-class gas turbines at 595MW Combined Cycle Power Plant (CCPP) in Lausward, Germany.

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Telefonica Q1 sales up 12.6% on growth in Brazil, Germany

2015-05-14 08:44:00| Telecompaper Headlines

(Telecompaper) Telefonica reported an improvement in first-quarter results with revenues up 12.6 percent to EUR 11.543 billion. Organic growth of 3.3 percent was supported by better results in Brazil, the takeover of E-Plus in Germany and improving trends in Spain. The drop in sales in Spain slowed to 3.8 percent in the first quarter, while Germany grew by 2.9 percent, Brasil was up 4.3 percent and the rest of Latin American advanced 9.7 percent on an organic basis. Telefonica's OIBDA rose 7.7 percent to EUR 3.618 billion,led by 14.5 percent organic growth in Latin America and a 9 percent pro forma increase in Germany. The OIBDA margin was still down 0.3 percent points to 31.3 percent. Net profit jumped to EUR 1.802 billion from EUR 688 million a year ago thanks to a valuation gain of EUR 1.185 billion on deferred tax assets at the O2 UK operations up for sale. Telefonica increased capital expenditure by 25.8 percent to EUR 1.682 billion, and operating cash flow fell 4.2 percent to EUR 1.937 billion. Net debt was up by EUR 540 million from the end of 2014 to EUR 45.627 billion, equal to 2.73 times EBITDA for the past 12 months. The operator said it had entered a new cycle of organic growth as all businesses were gaining customers, sales and OIBDA, apart from Spain, which had at least returned to customer growth. Telefonica maintained its outlook for over 7 percent revenue growth this year, a drop of no more than 1 percent in the EBITDA margin and accelerating capex to around 17 percent of revenue. 

Tags: sales germany growth brazil

 

Germany Eyes Wood-based Foam Materials

2015-05-12 16:52:00| Chemical Processing

Researchers look to renewable sources to manufacture more sustainable products

Tags: germany eyes materials foam

 

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