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Reports: Germany mulls legal action over EU's nuclear Hinkley ruling

2014-10-10 01:15:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The Germany government is reportedly considering joining Austria in suing the European Commission for approving UK plans to help finance the 24.5bn construction of new nuclear reactors at Hinkley Point, Somerset. According to Montel, the German ministries of energy and environment are studying the contract between EDF and the UK to ensure it complies with state aid guidelines. After a lengthy investigation, the European Commission on Wednesday approved a modified UK plan to offer developer...

Tags: legal action germany reports

 

Kuwait mulls setting up international TV and radio station

2014-10-09 09:37:00| Telecompaper Headlines

(Telecompaper) Kuwait is planning to create an independent television and radio organisation to compete on the international stage, in what could be seen as a challenge to Qatar's Al Jazeera network. According to state news agency KUNA, the new station would have freedom from government interference. The statement comes after the government revoked the citizenship of eighteen opponents, including Ahmed Jabr Al Shammari, who ran a privately owned television channel and newspapers that gave space to opposition figures and anti-government points of view.

Tags: international radio setting station

 
 

Swisscom mulls 5bn Fastweb sale

2014-10-08 02:00:00| Total Telecom industry news

Vodafone reportedly rekindles interest in acquiring Italian broadband operator.

Tags: sale swisscom fastweb mulls

 

HP mulls company split - report

2014-10-06 09:09:00| Telecompaper Headlines

(Telecompaper) HP has plans to split the company into two, separating its personal-computer and printer businesses from its corporate hardware and services operations, The Wall Street Journal reported. The company intends to announce the move on Monday, people familiar with the plan said. It is expected to make the split through a tax-free distribution of shares to stockholders next year, said one of the people. The division would create two publicly traded companies, each with more than USD 50 billion in annual revenue. HPsees better long-term potential for its corporate hardware and services business than for its printer and PC unit, said one person familiar with the plan. Talks between HP and EMC have recently ended but the separation could pave the way for HP's corporate hardware and services business to ultimately be combined with EMC, industry observers said.

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Market outlook: Eastman mulls integration options with Taminco deal

2014-10-04 14:33:42| Chemicals - Topix.net

CEO Mark Costa sees major opportunities to further vertically integrate and improve raw material cost positions while adding growth components in the Taminco deal US-based Eastman Chemical plans to take advantage of raw material positions and combined purchasing power with its planned $2.8bn acquisition of global amines producer Taminco. The deal will also advance Eastman's strategy of building a world-class specialty chemicals portfolio in attractive growth markets that is vertically integrated with key cost-advantaged intermediates.

Tags: options market deal integration

 

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