Citi plans sale of private equity unit: report
NEW YORK (Reuters) – Citigroup Inc plans to sell or spin-off its $10 billion Citi Private Equity unit in order to cut its debt, Bloomberg reported on Sunday, citing people familiar with the matter.
Xstrata plans A$15 billion coal expansion in Australia
PERTH (Reuters) – Xstrata, the world’s top thermal coal exporter, is considering up to A$15 billion ($13.3 billion) investment to boost output at its Australian thermal coal project to 100 million metric tones a year, it said on Monday.
IMF plans US$100 bil. fund to help poor mitigate climate effect
(ChinaPost.com.tw) – The IMF is working to create a US$100 billion Green Fund to help countries mitigate the effects of climate change, the agency said on its website Sunday.
Toyota recall updates, news – soon an effective remedy
The Toyota recall 2010 update: The Toyota recall has reached Israel. there was meeting between the Toyota representatives and the government officials to convince them of their plans and they did succeed to some extent
Northern Line could shut every evening for a year for engineering works
London Underground passengers face disruption with plans to close section of tube network from 8.30pm on weekdaysMost of the Northern Line could be shut from 8.30pm on weekdays for more than a year to allow for engineering works, causing further disruption for passengers on one of the most congested lines on the London Underground.The plans [...]
IMF working on plans for “green fund”
WASHINGTON (Reuters) – The International Monetary Fund is working on proposals for a multibillion dollar “green fund” to help countries tap funds to deal with the effects of climate change, the head of the institution said on Saturday.
Harman’s sexual equality campaign is no sideshow
Harriet Harman deserves praise for her international attempts to raise awareness of inequalitySHE MAY be mocked, she may be viciously attacked, but Harriet Harman, right, keeps ploughing on with her agenda for sexual equality. She is pioneering plans to bring together female leaders from around the world to champion the rights of women. She will [...]
Strife-torn BA tries to start all over again
Squeezed by falling demand and rising fuel prices, the UK carrier has turned to radical plans to cut the cost of cabin crew staff. Can it succeed?A conference room in TUC headquarters is an underwhelming place to relaunch a blue-chip airline. But British Airways is steeped in aviation tradition and so are its staff, led [...]
MBEL plans to list subsidy in Singapore
Engineering firm McNally Bharat Engineering Ltd (MBEL) plans to get its wholly-owned overseas subsidiary MBE Holdings Pte Ltd listed in Singapore.
Vringo Files Registration Statement With the U.S. Securities and Exchange Commission for Proposed Initial Public Offering
NEW YORK, Jan. 29 /PRNewswire/ — Vringo, Inc., a video ringtone service provider, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission, which outlines the Company’s plans for an initial public offering of its…