Yum’s 29% Sales Collapse in China Goes Beyond Avian Flu
Can Colonel Sanders win back Chinese diners? Last week Yum! Brands Inc. (YUM), which owns KFC, reported that same-store sales in China plunged 29 percent in April as concerns about... Read more »
Beijing to Speed Up Building Reclaimed Water Plants, Xinhua Says
Beijing will accelerate the construction of sewage treatment and reclaimed water facilties, the official Xinhua News Agency reported yesterday. The capital of China plans to build 47 new recycled-water plants... Read more »
Consolidated Water Profit Climbs on Virgin Islands Settlement
Consolidated Water Co. (CWCO), a seawater desalination plant operator and developer in the Caribbean, reported a 60 percent increase in first-quarter profit, helped by a settlement over water delivered to... Read more »
Evogene Signals Possible U.S. Listing as Israel ‘Not Enough’
Evogene Ltd. (EVGN), which uses plant genomics to develop products for the agriculture and biofuel industries, is weighing additional listings as the company seeks to draw investors from abroad. “We... Read more »
Reliance Power Solar-Thermal Plant Stalled by Water Delay
A Reliance Power Ltd. (RPWR) solar-thermal plant should start up next month after missing a May deadline because Indian authorities failed to lay a water pipeline to the site in... Read more »
Impax Considering Backing Solar Companies in China, Europe, U.S.
Impax Asset Management Group Plc (IPX), managing about $3.5 billion, is evaluating investments in four or five publicly traded solar companies in China, Europe and the U.S. as the oversupply... Read more »
Brazil to Spend More on Sugar-Cane Processing Research Work
Brazil may triple the size of a funding program for research into new sugar-cane processing technologies to as much as 3.4 billion reais ($1.7 billion). BNDES, Brazil’s national development bank,... Read more »
Tesla Profit Aided by Sales of California, U.S. Credits
Tesla Motors Inc. (TSLA)’s first quarterly profit, led by a surge in deliveries of the electric-car maker’s Model S, got an added bump from sales of California and U.S. environmental... Read more »
Water Utilities to Spend $2 Billion on Smart Meters Through 2020
U.S. water utilities will spend $2 billion on smart meters in infrastructure upgrades this year through 2020, almost matching all previous investment in the leak-finding devices, according to Bloomberg New... Read more »