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ASE shelves overseas bond sale plan due to unpredictable market
2014-12-28 20:04:36| Semiconductors - Topix.net
Advanced Semiconductor Engineering Inc. has decided that an overseas corporate bond sale plan worth US$400 million will not proceed in the wake of uncertainty in the global capital market, which could affect the deal's financial terms. ASE, the world's largest integrated circuit packaging and testing services provider, said that as the global semiconductor industry has entered a slow season in the fourth quarter, the company has lower-than-expected fund demands at the moment.
Brent drops towards $61 due to strong US data
2014-12-24 01:00:00| Offshore Technology
The price of Brent dropped towards $61 per barrel on Wednesday as the US dollar neared its highest level since April 2006 due to strong data.
Schneider Electric Recalls Circuit Breakers Due to Fire, Burn, Shock Hazards
2014-12-21 06:06:12| Electrical Construction & Maintenance
Schneider Electric is recalling about 62,500 PowerPact J-frame molded case circuit breakers with thermal-magnetic trip units. read more
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Most of the coastal US will see over 30 days of flooding due to sea level rise
2014-12-19 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Huffington Post: Most coastal regions of the United States will see 30 or more days of flooding by 2050 thanks to sea level rise, according to new research the National Oceanic and Atmospheric Administration released Thursday. NOAA's researchers looked at the anticipated frequency of what the National Weather Service considers nuisance flooding, which are floods that are 1 to 2 feet over the regular local high tide and are enough to cause problems but not pose active threats to human life. Some areas of the U.S....
General Mills profit beats estimates due to cost cuts
2014-12-18 06:31:44| Food - Topix.net
General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reaffirmed its full-year forecast and reported a better-than-expected profit as it cut costs to battle weak sales in the United States. General Mills has embarked on a cost-saving program that aims to save more than $400 million in fiscal 2015.
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