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Ferrari's value to exceed $11 billion in IPO, Marchionne says

2015-07-04 09:34:04| Automakers - Topix.net

Maximizing the value of Ferrari through an IPO is crucial to funding a 48 billion-euro investment plan aimed at lifting Fiat Chrysler's global deliveries to 7 million cars by 2018. Photo credit: BLOOMBERG -- Sergio Marchionne, CEO of Fiat Chrysler Automobiles NV, expects the company's Ferrari supercar unit to be valued "at least" at $11 billion in an initial public offering scheduled this year.

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Hawaii's retail real estate market draws several national tenants, new report says

2015-07-03 07:26:19| Real Estate - Topix.net

Hawaii's retail real estate market continues to hum along, with the statewide vacancy rate dipping to 5.7 percent and asking rents increasing to $5.75 per square foot per month, when comparing quarter-over-quarter totals, a new report says. In the second quarter of 2015, Hawaii's retail market experienced positive net absorption, or space leased, of 9,351 square feet, mainly due to new tenant entries into Oahu and Maui regional malls and specialty centers, the CBRE Hawaii Retail MarketView said.

Tags: real report estate national

 
 

Fracking could hurt house prices, health and environment, official report says

2015-07-02 15:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Fracking operations to extract shale gas in Britain could cause nearby house prices to fall by up to 7% and create a risk of environmental damage, according to a government report that has been published in full for the first time. Entitled Shale Gas Rural Economy Impacts, the Department for Environment, Food & Rural Affairs (Defra) document was released on Wednesday after a freedom of information battle. An official assessment of the impact of fracking, it warned that leakage of waste fluids...

Tags: report health house prices

 

Farm Bill Energy Program Rules Will Help Support New Renewable Chemical Manufacturers, BIO Says

2015-07-01 05:43:55| chemicalonline Home Page

The Biotechnology Industry Organization (BIO) recently applauded the U.S. Department of Agriculture’s release of new interim final rules for the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (“9003 Program”)

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Hydropower dams are far from environmentally endly, says research

2015-07-01 01:00:00| Power Technology

Researchers at the University of East Anglia (UEA) in the UK have indicated that construction of hydroelectric dams have been affecting tropical forest biodiversity, contrary to belief that they are environmental friendly.

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