COMPANIES

Namibia mine union readies for strike at Rossing

Mine workers emerge from the pithead at the Harmony Gold mine in Carletonville, west of Johannesburg,
Namibia's Mineworkers Union of Namibia (MUN) on Wednesday served Rio Tinto's Rossing uranium mine with a strike notice after failing to reach a deal in talks over output incentives, with a stoppage expected to start on Friday.
Clinton

Clinton Trumpets Green Investments to Create Jobs

Investments in energy-saving building retrofits and clean-energy projects can create hundreds of thousands of jobs and bolster the U.S. economy, former U.S. President Bill Clinton said on Tuesday.
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Col. Belote and Vander Leest walk through array of solar photovoltaic panels at Nellis Air Force Base in Las Vegas

US PV Solar Installations Up 17 pct in 2nd Quarter

Second-quarter U.S. installations of photovoltaic solar panels rose 17 percent from the previous quarter as increases in nonresidential and utility-scale projects offset a weakened residential solar market.
Swiss bank UBS CEO Oswald Gruebel

UBS Boss Seeks Board Vote of Confidence: Report

UBS AG Chief Executive Oswald Gruebel will seek a vote of confidence at a board meeting in Singapore for plans to slash the investment banking division that caused a $2.3 billion loss due to unauthorized trading, a Swiss newspaper reported on Tuesday.
Chinese one yuan coins are placed on 100 yuan banknotes in this illustrative photograph taken in Beijing December 30, 2010.

Bank of China Reported Halting FX Swaps with some European Banks

Bank of China, a big market-maker in China's onshore foreign exchange market, has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe, three sources with direct knowledge of the matter told Reuters on Tuesday.
Netflix's Chief Executive Officer Reed Hastings speaks during an interview with Reuters in Buenos Aires. Reuters/Enrique Marcarian

Netflix Stock Falls After Qwikster Split

Netflix (NFLX) stock fell another 7.4 percent, to $143.75, Monday, on the same day that chief executive Reed Hastings announced the DVD-by-mail business that defined the company will become a separate service called Qwikster.
U.S. Gas Prices

Gas Prices: Finally, Some Relief at the Pump for U.S. Motorists

Finally, there's some good news for U.S. motorists. Gas prices, down about 10 cents per gallon in the past month to an average of $3.60 per gallon for regular unleaded, are likely to continue to decline, assuming no oil disruptions from major oil producers or a large storm in the Gulf of Mexico.
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China's Sany Heavy to raise $3.33 bln in HK offer

Sany Heavy Industry Co Ltd , China's largest construction machinery maker, could raise up to $3.33 billion in the second biggest stock offering this year in Hong Kong, braving volatile markets to raise funds for expansion of its factories.
China company structure under threat

China company structure under threat

China's securities regulator is asking the government to clamp down on the controversial corporate structure used by companies such as Sina (SINA.O) and Baidu (BIDU.O) to list overseas, and employed in thousands of other investments by foreigners into domestic Chinese companies, four legal sources told Reuters.
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Occupy Wall Street: Protests Continue on Day 2

Wall Street was blocked off by the New York City Police Department for a second day in a row as demonstration organizers targeting Wall Street financial firms tried to keep up protests.
  Late last year, AT&T slapped a deployed U.S. soldier with a "bill shock" of $16,000

Seven States Join AT&T-T-Mobile Merger Lawsuit

Seven states, including California, Pennsylvania, Ohio, Illinois and New York, have joined the lawsuit to stop AT&T’s acquisition of T-Mobile USA, the Justice Department said Friday. Previously, AT&T had proposed a $39 Billion deal to purchase T-Mobile.
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Hurricane Maria nears Newfoundland, oil unaffected

Operations at oil rigs off Canada's Atlantic Coast are unlikely to be hurt by Hurricane Maria, which may tear down trees and cut power in the southeastern tip of Newfoundland later on Friday, officials said.

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