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Ferrari spin-off to cut Fiat Chrysler debt by 715 million euros - filing
2014-11-26 18:52:57| Automakers - Topix.net
FCA had already said in a separate filing with U.S. market regulator SEC earlier this month that it would receive 2.25 billion euros from Ferrari before it spins off the luxury sportscar unit from the group next year. The company added on Wednesday that this payment and the removal of Ferrari's own debt of 133 million euros from the parent group's accounts would be offset by the loss of Ferrari's cash and receivables worth 1.67 billion euros.
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Will Opec cut oil production?
2014-11-26 00:57:44| BBC News | Business | UK Edition
Should Opec cut production to boost prices?
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Can China Cut Coal?
2014-11-25 15:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Scientific American: On a visit to China a few years back, I asked a local official about pollution controls after enjoying my first sour, gritty taste of the country`s air. Chinas new coal-fired power plants and other industrial boilers often came equipped with expensive scrubbers to clean acid rain and smog-forming sulfur dioxide out of the hot mix of gases that went up and out the smokestack. But the scrubbers required energy to run, this official noted, and therefore were shut off except on days when dignitaries...
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Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors
2014-11-25 11:18:44| Semiconductors - Topix.net
Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years. Having lost ground to nimbler rivals like Apple Inc and Samsung Electronics Co Ltd in consumer electronics, Sony said on Tuesday its goal for TV and smartphones is to turn a profit, even if sales slide as much as 30 percent.
Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors
2014-11-25 10:50:34| Electronics - Topix.net
Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years. Having lost ground to nimbler rivals like Apple Inc and Samsung Electronics Co Ltd in consumer electronics, Sony said on Tuesday its goal for TV and smartphones is to turn a profit, even if sales slide as much as 30 percent.
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