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UK watchdog says investors lose 24 mln stg in carbon credit scam

2013-11-11 11:10:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Nineteen companies selling carbon credits have been shut in the past 15 months for bilking investors out of 24 million pounds ($38.7 million), British regulators said on Wednesday, warning more firms were trying to sell carbon as a viable option for private investors. The UK Insolvency Service said more than 1,500 investors had been ripped off by the firms, which target mainly the elderly with high pressure sales techniques and promises of hefty returns of more than 40 percent. "Salesmen played...

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U.S. popcorn makers could face long, expensive road to lose trans fats

2013-11-09 04:24:15| Food - Topix.net

Microwave popcorn makers could face a long and difficult task ridding their snacks of trans fats, if a U.S. Food and Drug Administration proposal to ban the additives goes into effect.

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Job fair held for more than 1,100 workers who will lose jobs when International Paper closes

2013-11-06 16:29:22| Paper - Topix.net

The more than 1,100 employees of International Paper who will lose their jobs when the plant closes after the first of the year will have the opportunity to talk with prospective employers at a job fair Thursday and Friday.

Tags: international jobs paper job

 

UK to lose shipbuilding capacity with BAE job cuts

2013-11-06 01:00:00| Naval Technology

The announcement of job losses by BAE Systems could not come at a worse time for the UK Government. Many of the 1,775 job losses will be in Scotland, where a vote for independence will take place in 2014. The loss of a significant portion of shipbuil

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Single mothers lose benefit cap case

2013-11-05 12:40:58| BBC News | Business | UK Edition

Three single mothers and their children lose a challenge to the government's benefits cap, with the High Court ruling it does not breach their human rights.

Tags: case single benefit cap

 

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