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First Milk agrees to divest Glenfield Dairy business to Graham's The Family Dairy

2015-11-27 01:00:00| Food Processing Technology

First Milk has agreed to divest its Glenfield Dairy business, which is based in Fife, Scotland, to Graham's The Family Dairy.

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PetroChina to divest 50% stake in Trans-Asia Gas Pipeline unit for $2.4bn

2015-11-26 01:00:00| Hydrocarbons Technology

Chinese state-controlled oil company PetroChina has announced plans to sell a 50% stake in its Trans-Asia Gas Pipeline subsidiary to China Reform Holding unit for CNY15.5bn ($2.4bn).

Tags: unit gas stake pipeline

 
 

Fonterra Co-operative to divest 50% stake in DairiConcepts joint-venture

2015-11-19 01:00:00| Food Processing Technology

Fonterra Co-Operative Group will divest its 50% stake in DairiConcepts, a US joint-venture with Dairy Farmers of America (DFA).

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Thomas Piketty calls for investors to divest from fossil fuels ahead of climate talks

2015-11-16 05:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Thomas Piketty has called for investors to move their money out of fossil fuels ahead of landmark UN climate change talks. The French economist, along with ecological economist Tim Jackson, authors of the respective bestselling books Capital in the Twenty-First Century and Prosperity Without Growth: economics for a finite planet, said that investors should divest from a sector with a business model at odds with physical realities. In a letter to the Guardian, they wrote: This is a rare...

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Prince Charles Urges Investors to Divest From Fossil Fuels

2015-10-30 13:49:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The heir to the British throne, speaking to a gathering of some of the worlds leading investors controlling billions of dollars worth of funds, said its vital that finance markets send a strong signal to politicians about the need for a global agreement on climate change. Prince Charles said global warming is an increasing source of risk to the financial community, and investing in projects that will help the world stay within a 2°C rise in temperatures over pre-industrial levels need not hurt...

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