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IKEA pledges 1 billion euros to help slow climate change
2015-06-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: IKEA, the world's biggest furniture retailer, plans to spend 1 billion euros ($1.13 billion) on renewable energy and steps to help poor nations cope with climate change, the latest example of firms upstaging governments in efforts to slow warming. Chief Executive Peter Agnefjall said the measures would "absolutely not" push up prices at the Swedish group's stores. The investments will be "good for customers, good for the climate and good for IKEA too," he told Reuters. He said the plan was motivated...
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slow
euros
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Costs for Germanys Nuclear Exit Might Increase to 70 Billion Euros
2015-04-22 19:18:00| Transmission & Distribution World
Energy Market Price The bill for closing Germany's nuclear power plants and constructing a secure disposal location for nuclear waste might increase to 70 billion euros. Content Classification: Curated read more
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costs
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exit
France to Invest $2B Euros of Climate-Linked Finance in India
2015-04-14 14:09:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: France will invest two billion euros in clean energy and efficiency projects in India, president Francois Hollande announced last week. Speaking at a press conference with Indian prime minister Narendra Modi, Hollande said French support was vital ahead of a proposed UN climate change pact, due to be finalised in Paris this December. We have discussed these issues ahead of the upcoming conference and once again we are perfectly in step when it comes to desire and analysis, Holland said. ...
Tags: france
finance
india
euros
This Massachusetts tech CEO gets paid in dollars, euros and rubles
2015-04-09 03:51:28| Electronics - Topix.net
Valentin Gapontsev , the founder and CEO of IPG Photonics and considered by Russians to be the father of the fiber-optic laser industry, reported total compensation last year of $1.2 million. But what separates Gapontsev's salary from most other Massachusetts technology executives is that he was paid partially in Russian rubles and euros, which have both been hit hard by the strength of the U.S. dollar.
Ireland's Malin raises 330 million euros in biotech IPO -source
2015-03-20 09:04:03| Biotech - Topix.net
Malin, set up by a number of ex-Elan executives to invest in privately held assets, said earlier this month that leading British fund manager Neil Woodford and the Irish state's new strategic investment fund had committed to buying around 60 percent of the total estimated placing. and Britain's Pension Protection Fund, the source said, while the small retail and institutional offering was materially oversubscribed and subsequently scaled back.
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