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Toyota car sales dominate GM and VW for third straight quarter

2014-04-25 19:35:43| Auto Dealers - Topix.net

Toyota Motor Corp. continues to remain top on podium as world's best-selling car manufacturer, upon crunching the numbers of first quarter of 2014.

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Hackett elected non-executive chairman of Fifth Third Bancorp

2014-04-23 10:31:16| Furniture - Topix.net

These elections took place at a board of directors Meeting following the Fifth Third Bancorp annual meeting held this morning at the Hyatt Regency Hotel in Cincinnati.

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Mitsubishi Motors recalls Outlander plug-in hybrids for the third time

2014-04-04 20:49:54| Automakers - Topix.net

Mitsubishi Motors Corp said it is recalling over 6,000 Outlander SUV plug-in hybrids in Japan because of three software programming glitches, in the model's third recall since going on sale in January last year.

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Bouygues offers more cash, less equity in third bid for SFR

2014-04-04 11:35:00| Telecompaper Headlines

(Telecompaper) French conglomerate Bouygues submitted a revised offer to acquire SFR from Vivendi on 4 April, with a EUR 1.85 billion increase in the cash element to EUR 15 billion. Bouygues proposes to offer Vivendi a smaller, 10 percent stake in the merged entity, which is expected to be worth EUR 1 billion before synergies and EUR 2 billion including them. As declared previously, Bouygues is offering a EUR 500 million earn-out clause, which could bring the total value of SFR to EUR 16.5 billion before synergies. Bouygues also said it would invest EUR 850 million in Bouygues Telecom-SFR, in addition to the contribution of its equity interest. Under the terms of the offer, it will hold 51 percent of the merged company at closing, with 10 percent for Vivendi and 39 percent for industrial and financial partners. An IPO of the new entity would take place right after the merger's completion. Furthermore, Bouygues confirmed that the financing for the operation is fully secured and that the final, definitive loan documents have been signed.

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Droughts to Become More Severe, Frequent Over Nearly a Third of Earth: Study

2014-04-01 20:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Wunderground: As much as a third of the planet will likely experience more intense and more frequent droughts by the end of the century if global warming proceeds unchecked, according to a study released last month. That's because warming temperatures will mean both less rainfall and less soil moisture for many of the affected areas mentioned in the study, titled "Global Warming and 21st Century Drying" and published in the March issue of the scientific journal Climate Dynamics. Even though climate change...

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