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French president heading to China to promote climate talks

2015-11-01 11:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: French President Francois Hollande hopes to use a state visit to China to boost difficult climate negotiations a month before a U.N. conference in Paris aimed at slowing global warming. China, the most populous country and the biggest emitter of climate-warming greenhouse gases in the world, has promised it will try to cap its rising emissions before 2030 as part of its national pledge ahead of the Paris conference. Hollande says he intends to launch a bilateral appeal with Chinese President...

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Labor says Australia must 'tell story of Pacific to world' at Paris climate talks

2015-11-01 02:26:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australia should tell the story of the Pacific to the world when global leaders sit down to climate change talks in Paris at the end of this month, Labor has said. The impact of climate change on the nations of the Pacific is a focus for both the government and opposition ahead of COP21, where governments of more than 190 nations will gather to discuss a possible new global climate accord. The opposition leader, Bill Shorten, accompanied by foreign affairs spokeswoman Tanya Plibersek and...

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Oi enters exclusive talks with L1 on TIM deal

2015-10-31 16:17:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi has agreed to enter exclusive talks with L1 Technology on its proposal for a capital injection conditional on agreeing a merger with TIM Brasil. Oi said it made a proposal to L1, a company owned by Russian billionaire Mikhail Fridman, for an exclusivity period of seven months, starting from 23 October. L1 confirmed the talks in a statement, saying discussions were still at a preliminary stage. The two companies will explore proposals "to develop viable structuring and financing options that would enable Oi to participate in any consolidation of the Brazilian telecommunications sector". L1 Technology said it is a long-term investor, and its team has ten years' experience in the telecoms sector in emerging and developed markets. If the transaction is completed, Oi said it expects it will lead to a reduction in leverage and help turn the company into a more robust player, supported by the generation of important synergies and economies of scale. A potential business combination of Oi and TIM would create a more complete and well-positioned telecommunications operator that would be able to compete against global players already operating in Brazil, Oi said. 

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Big Oil staggers toward Paris climate talks, potential Clinton White House

2015-10-31 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

National Journal: Big Oil has hit rough wa­ters at a crit­ic­al time. Polit­ic­ally, the Demo­crat­ic White House front-run­ner is get­ting more bel­li­ger­ent to­ward the oil in­dustry. On Thursday Hil­lary Clin­ton joined calls for a Justice De­part­ment probe in­to wheth­er Ex­xon has pulled the wool over the pub­lics eyes on glob­al warm­ing (something the com­pany vig­or­ously denies). She said in New Hamp­shire that theres a lot of evid­ence that they misled. Its part of her broad­er move to the left...

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Pfizer, Allergan in deal talks to create drug giant

2015-10-30 12:30:01| Biotech - Topix.net

Pfizer and Botox maker Allergan are discussing a potential deal that could be the biggest of 2015, a year marked by a rapid-fire pace of megadeals, particularly in health care. A merger could enable Viagra maker Pfizer, the world's second-biggest drugmaker by revenue, to surpass Switzerland's Novartis AG and regain the industry's top spot.

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