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Duke Energy, Norwegian fund in talks that could salvage $420M investment

2015-06-13 10:32:20| Energy - Topix.net

Duke Energy and some other U.S. power companies may qualify for some caveats allowed in Norway's plan to divest its pension funds from companies that get at least 30 percent of their revenue from coal operations. Duke spokesman Dave Scanzoni says the Charlotte-based power giant have been in contact with representatives of Norges Bank, which administers the $420 million-plus Norwegian investment in Duke, about the new measure.

Tags: energy investment fund talks

 

Cambodia to commence talks over 2016 wage hike for garment sector next month

2015-06-13 06:46:00| Footwear - Topix.net

Cambodia will begin to discuss the annual increase of monthly minimum wage for the garment and footwear industry for 2016 in July, according to a Labor Ministry' s statement issued late Friday. The talks will be carried out by a tripartite working group, which comprises representatives of the labor ministry, the Garment Manufacturers Association in Cambodia , and the trade unions, the statement said.

Tags: month sector talks cambodia

 
 

UN climate talks under attack over lack progress

2015-06-12 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Scotsman: Environmental campaigners have condemned international governments for a lack of progress after two weeks of United Nations talks failed to outline a global plan for tackling climate change. They say time is running out for countries to agree a deal to cut greenhouse gas emissions and limit world temperature rise to 2C, warning that people will pay for it with their lives. The latest meeting, in Bonn, Germany, is considered a key milestone ahead of a UN summit later this year that will determine...

Tags: progress lack attack talks

 

Dish in financing talks for T-Mobile US bid - report

2015-06-12 13:15:00| Telecompaper Headlines

(Telecompaper) Dish is in talks with banks about funding a bid for T-Mobile US, the Wall Street Journal reported. Dish is considering borrowing USD 10-15 billion for the cash portion of a bid that would primarily be comprised of its stock, according to people familiar with the matter. The two sides are discussing a deal that would leave Deutsche Telekom , which controls T-Mobile, with a big minority stake in a combined company, the sources said. A deal agreement between Dish and T-Mobile is not imminent, and it is possible there still won't be one, the sources added. It is unclear how much Dish is considering paying for T-Mobile, which has a market value of USD 31 billion and is the fourth-largest mobile carrier in the US. Dish, the country's second-largest satellite-television provider, has a market value of USD 34 billion.

Tags: report bid financing talks

 

Otto's Kirsti Nelson Talks About Industry History and Community

2015-06-12 08:38:00| Waste Age

Kirsti Nelson, vice president of retail for Otto Environmental Systems North America Inc., discusses the sense of history and industry priorities with drivers following the annual National Waste & Recycling Association (NWRA) Awards Breakfast at WasteExpo. read more

Tags: community history industry nelson

 

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