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Tag: business
Telefonica to 'reflect on future of UK business' - chairman
2016-05-13 09:52:00| Telecompaper Headlines
(Telecompaper) Telefonica has confirmed that it will stick by its promise to pay a dividend of EUR 0.75 a share this year even after the European Commission blocked the proposed sale of its O2 UK business to Hutchison. In the first annual general shareholders meeting chaired by new chairman Jose Maria Alvarez-Pallete, the company approved the dividend, with a first payment of EUR 0.35 per share to be paid in November and a second payment of EUR 0.40 per share to be distributed during the first half of 2017. Telefonica's chairman added that the company's financial targets remained unchanged even though it had hoped to use the proceeds from exiting the UK market to reduce its debt. "After receiving the decision of the regulator, we will now enter a period of reflection to decide what is the future of our business in the United Kingdom," he said.
Tags: business
uk
future
reflect
Nike aims to double business yet halve its impact
2016-05-12 14:47:00| Daily apparel & textile news and comment - from just-style.com
Nike has upped its sustainability game, challenging itself to double its business yet halve its environmental impact by 2020, as the US sporting goods giant revealed its latest achievements.
Tags: business
double
impact
aims
Love Energy Savings encourage business owners to take control of energy costs
2016-05-12 01:00:00| Power Technology
UK commercial business owners are urged by home and business energy comparison website Love Energy Savings to take greater control.
Tags: business
love
control
costs
Dong Energy to sell gas distribution business in Denmark for $351m
2016-05-12 01:00:00| Hydrocarbons Technology
Dong Energy has signed an agreement to sell its 100% ownership stake in gas distribution business in Denmark and related operational activities to Energinet.dk for kr2.3bn ($351m).
Tags: business
sell
distribution
energy
Mosanto may exit biotech seed business from Argentina
2016-05-12 01:00:00| Food Processing Technology
US-based Monsanto may withdraw its biotech seed business from Argentina as it faces issues in collecting royalties for genetically engineered (GE) soybeans.
Tags: business
argentina
exit
seed
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