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Costs of natural disasters in China surge to $69 billion

2014-02-24 03:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Natural disasters including droughts, floods and earthquakes cost China 421 billion yuan ($69 bln) in 2013, official data showed on Monday, nearly double the total in the previous year. China has always been prone to natural disasters but a changing climate is causing more extreme weather, which hits food production, threatens scarce water resources and damages energy security, according to the government. Data released by the National Statistics Bureau showed flooding and mudslides cost China...

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Scania Investors Express Doubts Over VW's $9.2 Billion Bid

2014-02-23 13:12:23| Appliances - Topix.net

Scania AB minority owners expressed doubts about backing Volkswagen AG's 6.7 billion-euro bid for the rest of the truckmaker, with some suggesting the offer may be too low and others saying the Swedish company should retain its relative independence.

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$130 Billion Later, Verizon Wireless is Now Just 'Verizon'

2014-02-22 05:45:45| Telecom - Topix.net

Verizon Communications now owns its mobile business outright after closing its acquisition of Vodafone Group's 45 percent stake in Verizon Wireless.

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Here Are 20 Billion Reasons Not to Sell Sikorsky

2014-02-22 05:11:35| Industrial Machines - Topix.net

Turkey plans to upgrade its air forces with more modern versions of this S-70 Seahawk -- already in Turkish service.

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Here Are 20 Billion Reasons Not to Sell Sikorsky

2014-02-22 04:08:21| Paper - Topix.net

Turkey plans to upgrade its air forces with more modern versions of this S-70 Seahawk -- already in Turkish service.

Tags: to sell reasons billion

 

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