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China vows to cut fossil fuel in painstaking energy revolution
2015-01-22 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Xinhua: Chinese Premier Li Keqiang pledged here on Wednesday to reduce the proportion of fossil fuel in China's total energy mix and promote clean technology. This marks the latest effort of the world's most populous country in its uphill battle against air pollution and climate change. When meeting with representatives of the International Business Council of the ongoing World Economic Forum (WEF) in the Swiss mountain resort of Davos, Li said China has pledged to increase the share of non-fossil...
Ebay to cut 2,400 jobs, sell Enterprise division
2015-01-22 09:06:00| Telecompaper Headlines
(Telecompaper) Ebay announced plans to cut 2,400 jobs in the first quarter, as it prepares for more changes in its structure. This is equal to around 7 percent of its workforce. In addition to the planned spin-off of PayPal in the second half of this year, the company said it now plans also to sell or list on the stock market its unit eBay Enterprise. Ebay said the business has limited synergies with its other activities. The company also announced a standstill agreement with investor Carl Icahn, the company's largest active shareholder. The agreement appoints Icahn Capital executive Jonathan Christodoro to eBay's board of directors. Wall Street executives Frank Yeary and Perry Traquina were also named to eBay's board. The changes came alongside fourth-quarter results showing eBay's revenues up 9 percent to USD 4.92 billion, and net profit up 10 percent to USD 936 million.
EBay to cut 2,400 jobs this quarter
2015-01-22 02:14:28| BBC News | Business | UK Edition
US e-commerce giant eBay is planning to cut 2,400 jobs in the first quarter, the company said on Wednesday.
Bank of Canadas surprise rate cut cements a weak Loonie in 2015
2015-01-21 17:23:34| Canadian Plastics Headlines
In what it calls insurance against the potentially destructive effects of the oil price collapse, the Bank of Canada (BoC) has announced a surprise quarter-percentage-point cut to its key interest rate. In its latest monetary policy forecast, the BoC cut… The post Bank of Canada’s surprise rate cut cements a weak Loonie in 2015 appeared first on Canadian Plastics.
Carpenter Technology Cut to "Underperform" at Zacks
2015-01-21 14:41:41| Steel - Topix.net
They currently have a $37.80 price objective on the stock. Zacks 's price target indicates a potential downside of 5.10% from the stock's previous close.
Tags: technology
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