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UN calls for investment in disaster resilience as costs reach $300bn per year

2015-03-06 12:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The UN is calling on countries to increase investment in risk reduction strategies after it revealed in a report that the cost of disasters worldwide has reached an average of $250 billion (164) to $300 billion (197bn) every year. The Global Assessment Report on Disaster Risk Reduction has been published ahead of a conference on disaster reduction taking place in Sendai, Japan, between the 14 and 18 March. The UN argues that climate change is already increasing the risk of disasters, from...

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George Weston reports lower Q4 profit of $161M; sales revenue up 48 per cent

2015-03-05 15:51:07| Grocery - Topix.net

George Weston Ltd. saw net profits decline in the fourth quarter as the maker of bakery products and parent company of Loblaw took a number of sizable charges against earnings. Sales in the quarter, which at 13 weeks was one week longer than the comparable 2013 period, rose more than 48 per cent to $11.73 billion from $7.9 billion, largely as the result of the Shoppers Drug Mart acquisition.

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Holmen Reduces Carbon Dioxide Emissions By 45 Per Cent

2015-03-02 02:14:14| pollutiononline Home Page

During 2014, Holmen’s carbon dioxide emissions per tonne of paper and paperboard products produced decreased by 45 per cent compared with 2013

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Japan's KDDI divests stake in satellite firm Inmarsat for 840p per share

2015-02-24 15:28:12| IT Services - Topix.net

Japanese telecommunications group KDDI Corporation has sold its entire 4.85 percent stake in satellite communications company Inmarsat for 840 pence per share, the company said on Tuesday. Reuters reported on Monday that KDDI was planning to sell its holding in London-listed Inmarsat.

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