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UN hikes 2016 humanitarian appeal to record US$21.6 billion after new disasters

2016-06-28 08:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: UN hikes 2016 humanitarian appeal to record US$21.6 billion after new disasters The United Nations has raised its 2016 humanitarian funding appeal to a record US$21.6 billion from US$19.7 billion, partly due to new disasters including a cyclone that battered Fiji and an earthquake that hit Ecuador, as well as the deepening impact of El Nino. The money will go to help 95.4 million people hit hardest by conflicts and natural disasters in 40 countries, although a total of 130 million are in need...

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Liberty Global Q1 results up on price hikes, more customers

2016-05-10 08:10:00| Telecompaper Headlines

(Telecompaper) Cable group Liberty Global reported first-quarter revenues of USD 4.6 billion, up 3 percent on an organic basis, helped by customer growth and price increases. Sales growth was strongest in Chile at 8 percent and Germany and Belgium at 5 percent. The company's adjusted operating cash flow increased 3 percent year-on-year to USD 2.1 billion, and operating profit was up 5 percent to USD 587 million. Liberty Global recorded negative free cash flow of USD 85 million for the quarter but said it still expected cash flow of over USD 2 billion for the full year. Customer growth improved to 156,000 revenue-generating units added, more than double last year's amount and better than expected, the company said. In total the company counted 53.6 million RGUs and 25.7 million customers at the end of March, meaning an average 2.1 services delivered to each customer. Nearly half (46%) of customers took a triple-play subscription. 

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North American Paper Producers Announce Price Hikes for Office Papers, Newsprint

2016-04-07 16:34:13| Paper - Topix.net

April 6, 2016 - Paper and packaging distributor Midland Paper, Packaging + Supplies reported a flurry of price increases announced by North American paper producers primarily for office papers. International Paper will increase prices by $3/cwt on the following imaging products: all Private Label brands, all Hammermill brands, and all HP brands, effective with shipments May 6, 2016.

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World Bank hikes aid to poor nations fighting global warming

2016-04-07 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The World Bank is boosting spending to help poorer countries battle global warming and power 150 million homes with renewable energy. The bank released a 59-page climate action plan Thursday designed to help less developed nations meet global warming goals they set last December in Paris. The private-sector arm of the international financial organization plans to increase its $2.3 billion-a-year spending on fighting climate change to $3.5 billion a year by 2020. Officials hope to spur $13 billion...

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2016 Rate Hikes Could Be A Blessing In Disguise For Equity REITs

2016-04-02 10:39:41| Real Estate - Topix.net

There has been a bunch of market speculation stemming from interest rate hikes. One particular sector of the investment world that has been subject to numerous conversations is REITs.

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