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Train derailment near downtown Calgary raises concerns

2013-09-13 21:58:41| Railroads - Topix.net

Calgarians are raising concerns about the dangers of train cars carrying combustible materials near residential neighbourhoods following the derailment of Canadian Pacific cars carrying flammable diluent on Wednesday.

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Verizon raises USD 49 bln in bond offering

2013-09-12 09:11:00| Telecompaper Headlines

(Telecompaper) Verizon Communications has raised USD 49 billion in a bond issue to help finance its acquisition of Vodafone's stake in Verizon Wireless. The issue included USD 2.25 billion in floating-rate notes due 2016, USD 1.75 billion in floating-rate notes due 2018, USD 4.25 billion in 2.50 percent notes due 2016, USD 4.75 billion in 3.65 percent notes due 2018, USD 4.0 billion in 4.50 percent notes due 2020, USD 11.0 billion in 5.15 percent notes due 2023, USD 6.0 billion in 6.40 percent notes due 2033 and USD 15.0 billion in 6.55 percent notes due 2043. According to market reports, the issue saw strong demand, with an order book worth over USD 100 billion. This is thought to be the largest corporate bond offering on record. Verizon will pay in total USD 130 billion for the takeover, just under half of which in cash.

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Medical device startup Eso-Technologies raises $600,000

2013-09-11 17:59:43| Toys - Topix.net

Eso-Technologies Inc., a medical device startup founded by a Hartland doctor, raised $600,000 in its second Series A funding round, according to a press release Tuesday.

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Orange France raises year-end LTE coverage target to 40%

2013-09-11 08:37:00| Telecompaper Headlines

(Telecompaper) Orange France has announced that it has accelerated its LTE roadmap to cover 40 percent of the population by the end of the year, versus its previous target of 30 percent. The operator also announced that it is now offering 4G coverage for all of Paris and 37 towns in the Paris area. By the end of September, Orange 4G will cover 70 cities and their surrounding areas, including over 500 towns in mainland France. Orange is encouraging the move to LTE by offering premium music and video content through the Origami mobile and Open quad-play packages, as well as selling a wide range of 4G devices.

Tags: france target orange coverage

 

CPP raises questions about new investment in Komenda Sugar factory

2013-09-10 07:48:21| Sugar Industry News

The youth of the Convention People's Party (CPP) has called on the Minister of Trade and Industries, Mr Haruna Iddrisu, to make full disclosure of the US$35 million Indian government loan to build a new sugar processing plant at Komenda in the Central Region to revive the sugar industry in the area.

Tags: questions investment factory sugar

 

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