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Gap Sees Job Applications Jump After Wage-Raise Pledge

2014-06-24 13:17:26| Apparel - Topix.net

After announcing plans in February to increase hourly wages to $10 by 2015, employment applications at the Gap and Old Navy chains have surged by at least 10 percent from a year earlier, the San Francisco-based company said yesterday.

Tags: jump job applications gap

Siemens Joins Mitsubishi to Pledge Guarantees for Alstom

2014-06-18 11:24:33| Industrial Machines - Topix.net

Siemens AG and Mitsubishi Heavy Industries Ltd. chief executives officers argued their case for a joint purchase of Alstom SA's energy operations, saying their bid trumps an offer from General Electric Co.

Tags: siemens mitsubishi guarantees joins

UK & Chinese governments issue ground-breaking climate change pledge

2014-06-17 18:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The UK and Chinese governments have agreed to co-operate to tackle the issues around climate change and energy security, further signalling that UN climate talks next year will be more successful than previous opportunities. The UK government described the statement as ground-breaking. The governments have signed a civil nuclear agreement, which they argue will help diversify the energy mix of both countries while tackling climate change. Additionally, a joint 20m research programme, which...

Tags: change issue chinese climate

Indonesia: Despite green pledge Wilmar continues destroy forest for palm oil

2014-06-12 22:07:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Two palm oil companies partially owned by Wilmar are continuing to destroy rainforests in Indonesia despite a high profile zero deforestation pledge, alleges a new report published by Greenomics. The report, titled As a strategic shareholder, is this in line with Wilmars No Deforestation Policy?, looks at recent activities by PT Sawindo Cemerlang and PT Sawit Tiara Nusa, companies owned by the Kencana Agri Group Ltd. Wilmar holds a 20 percent stake in Kencana Agri, according to financial filings....

Tags: green oil continues palm