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Fonterra hits pause button on equity trust scheme; UBS walks
2015-07-27 08:47:08| Food - Topix.net
Fonterra Co-operative Group has put on hold its plans to develop an Equity Partnership Trust that would have given its 10,500 farmer suppliers access to investor capital to help them with the compulsory purchase of Fonterra shares when they increase milk production. Chief financial officer Lukas Paravicini said the decision to shelve the trust proposal for now was a consequence of UBS deciding to end the advisory role that began late last year, for reasons unrelated to the trust itself, as well as volatility in dairy and equity markets.
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Mideast Stocks-Markets fall after oil hits four-month low
2015-07-26 23:06:11| Chemicals - Topix.net
Middle East stock markets fell on Sunday after oil prices dropped to their lowest levels since March, and even better-than-expected earnings from the region's biggest listed firm, Saudi Basic Industries, could not offset the overall gloom. Brent and U.S. crude futures on Friday posted their fourth straight weekly decline as weak economic data from China and a rise in U.S. oil drilling rigs pressured them.
Avengers: Age of Ultron hits streams and Blu-ray this fall, might explain shirtless Thor
2015-07-24 18:23:17| Toys - Topix.net
Avengers: Age of Ultron will arrive on streaming services Sept. 8 and Blu-ray Oct. 2, Marvel Entertainment announced this week.
Citys largest energy efficiency project hits major milestones: More than 20,000 street lights converted to LEDs; monthly savings surpass $100,000
2015-07-23 20:37:49| PortlandOnline
Commissioner Steve Novick today announced that the Portland Bureau of Transportation had surpassed two major milestones in the citys largest ever energy efficiency project: More than 20,000 city street lights have been converted to modern LED lights, and savings from the program have now topped $100,000 per month. Those monthly savings will continue to grow as more lights are converted.
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News Release: Citys largest energy efficiency project hits major milestones: More than 20,000 street lights converted to LEDs; monthly savings surpass $100,000
2015-07-23 17:39:38| PortlandOnline
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