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Tag: swallowed
Alcatel's strategic undersea cables unit to be swallowed by Nokia
2015-10-06 23:18:44| Telecom - Topix.net
Alcatel-Lucent said on Tuesday it will not sell its undersea cables unit, meaning the strategic business which underpins the global Internet will be taken by Nokia once it completes its acquisition of the Franco-American group. The Finnish firm said in April the 15.6 billion euro acquisition of network gear maker Alcatel-Lucent as they aim to better compete with market leader Ericsson and low-cost Chinese powerhouse Huawei [HWT.UL].
Tags: unit
nokia
strategic
cables
The shale industry could be swallowed by its own debt
2015-06-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The debt that fueled the U.S. shale boom now threatens to be its undoing. Drillers are devoting more revenue than ever to interest payments. In one example, Continental Resources Inc., the company credited with making North Dakotas Bakken Shale one of the biggest oil-producing regions in the world, spent almost as much as Exxon Mobil Corp., a company 20 times its size. The burden is becoming heavier after oil prices fell 43 percent in the past year. Interest payments are eating up more than...
How the worlda s biggest food giants swallowed the pet food industry
2015-02-05 14:36:47| Food - Topix.net
J.M. Smucker -- the megabrand behind Folgers coffee, Jif peanut butter, Pillsbury, Crisco and its namesake jam -- announced this week that it would pay about $5.8 billion to buy Big Heart Pet Brands, maker of Meow Mix, Milk-Bone, Pup-Peroni and Kibbles 'n Bits. That's following last year's $2.9 billion gobbling-up of pet-food lines Iams and Eukanuba by Mars, the candy titan behind M&M's, Snickers and Skittles -- a deal that bulked up Mars' pet-brand portfolio, including Whiskas and Pedigree.
Tags: food
industry
pet
biggest
Partisanship has swallowed up the debate over climate change
2015-01-24 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
FiveThirtyEight: For a moment Wednesday, it seemed like the environment, unlike nearly everything else in Washington, was a nonpartisan topic. Ninety-eight senators voted to pass a resolution declaring that climate change is real and not a hoax. (Republican Roger Wicker of Mississippi was the lone no vote.) The vote was meant to force Senate Republicans to take a stand a day after President Obama critiqued Republicans for refusing to acknowledge the scientific consensus that climate change is happening due to human...
Tags: change
debate
climate
swallowed
Forgotten plight Australia Torres Strait islanders: land is being swallowed by rising sea
2014-08-02 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: The islands which dot the sparkling waters of the Torres Strait, off the far north-east of Australia, were the birthplace of indigenous land rights. In 1992, five islanders led by Eddie Mabo won a landmark High Court case which erased the notion that Australia was unoccupied when the British arrived. But more than two decades on, the land for which they fought is being swallowed by the sea. The low-lying islands some of them closer to Papua New Guinea than the Australian mainland are at risk...
Tags: land
australia
sea
rising