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Precision Announces Reduced 2019 Capital Expenditure Plan and Board Approval of Normal Course Issuer Bid

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CALGARY, Alberta, Aug. 19, 2019 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later Read More

Protecting Singapore from rising sea levels could cost S$100 billion

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SINGAPORE (Reuters) – Protecting Singapore against rising sea levels could cost S$100 billion ($72 billion) or more over 100 years, its prime minister said on Sunday, as the low-lying island-state makes preparations to mitigate the impact of global warming. FILE PHOTO: Passers-by hold their mobile phones as people take a selfie photo using a smartphone, Read More

Brexit and subsidy row cloud strong Airbus profits

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PARIS (Reuters) – Airbus urged European governments to step up plans for a “likely” no-deal Brexit and settle a long-running subsidy dispute with the United States to help limit trade risks for Europe’s largest planemaker. FILE PHOTO: An Airbus A350-1000 performs during the 53rd International Paris Air Show at Le Bourget Airport near Paris, France Read More

Airbus second-quarter profit rise beats forecasts, delivery challenges ahead

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PARIS (Reuters) – Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. FILE PHOTO: An Airbus A350-1000 performs during the 53rd International Paris Air Show at Le Bourget Airport near Read More

Air France-KLM buys smallest Airbus, retires largest

3 weeks ago DieselGasoil Comments Off on Air France-KLM buys smallest Airbus, retires largest
FILE PHOTO: An Airbus A220 passenger jet, formerly known as the Bombardier CSeries, stands in the final assembly line where the European company plans a $30 million investment to keep up with forecast demand, in Mirabel near Montreal, Quebec, Canada January 14, 2019. REUTERS/Tim Hepher/File Photo PARIS (Reuters) – Air France-KLM agreed to order 60 Read More

Pfizer to spinoff, merge off-patent drugs unit with Mylan

3 weeks ago DieselGasoil Comments Off on Pfizer to spinoff, merge off-patent drugs unit with Mylan
(Reuters) – Pfizer Inc (PFE.N) has agreed to spin off its off-patent branded drugs business and combine it with generic drugmaker Mylan NV (MYL.O), a move that leaves Pfizer with its more profitable innovative drugs, including cancer treatment Ibrance and pneumonia vaccine Prevnar. The move, which brings blockbuster treatments Viagra and Lipitor under one umbrella Read More

Pfizer to merge generics unit with Mylan; seeks to sharpen cancer focus

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(Reuters) – Drugmaker Pfizer Inc (PFE.N) has agreed to spin off its generic drugs business and combine it with Mylan (MYL.O), a move that leaves Pfizer with more profitable innovative drugs, including cancer drug Ibrance and pneumonia vaccine Prevnar. FILE PHOTO: The logo of U.S. pharmaceutical corporation Pfizer Inc. is seen at a branch in Read More

Mylan to combine with Pfizer’s off-patent medicines unit

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FILE PHOTO: The logo of U.S. pharmaceutical corporation Pfizer Inc. is seen at a branch in Zurich, Switzerland October 2, 2018. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Mylan NV (MYL.O) confirmed on Monday that it would combine with Pfizer Inc’s (PFE.N) off-patent branded and generic established medicines business to form a global generic drugmaker. Under the Read More

More U.S. coal-fired power plants are decommissioning as retirements continue

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July 26, 2019 Between 2010 and the first quarter of 2019, U.S. power companies announced the retirement of more than 546 coal-fired power units, totaling about 102 gigawatts (GW) of generating capacity. Plant owners intend to retire another 17 GW of coal-fired capacity by 2025, according to the U.S. Energy Information Administration’s (EIA) Preliminary Monthly Read More

Targa Resources Corp. Provides Details on Planned Succession and Management Transition

4 weeks ago DieselGasoil Comments Off on Targa Resources Corp. Provides Details on Planned Succession and Management Transition
HOUSTON, July 25, 2019 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced updates today regarding management succession planning and transition, with the following changes approved by Targa’s Board of Directors. Effective March 1, 2020, Matthew J. Meloy, current President, will become Chief Executive Officer and will be elected to the Read More