Connect to share and comment

Chile quake generates 2.11-meter waves

A powerful 8.2-magnitude earthquake that struck off Chile's Pacific coast on Tuesday generated waves of up to 2.11 meters (6.9 feet), US officials said. Chile, Ecuador and Peru all issued tsunami alerts after the quake, as did the Hawaii-based Pacific Tsunami Warning Center, which said large waves had been triggered off Chile's coast. pst/mdl

Chile quake generates 2.11-meter waves

A powerful 8.2-magnitude earthquake that struck off Chile's Pacific coast on Tuesday generated waves of up to 2.11 meters (6.9 feet), US officials said. Chile, Ecuador and Peru all issued tsunami alerts after the quake, as did the Hawaii-based Pacific Tsunami Warning Center, which said large waves had been triggered off Chile's coast. pst/mdl

Japan February wages steady, winter bonuses up for first time in five years

TOKYO (Reuters) - Japanese wage earners' total cash earnings were unchanged in February from a year earlier and, in a possible sign of thaw in sluggish growth in salaries, winter bonuses rose for the first time in five years, data showed on Tuesday. Overtime pay, a barometer of strength in corporate activity, rose 3.4 percent from a year ago in February, up for an 11th straight month although the increase was slower than January's 4.8 percent rise, the figures from the labor ministry showed.

Falcone says suppressing Ergen's debt is key to LightSquared restructuring

By Billy Cheung NEW YORK (Reuters) - Investor Phil Falcone, whose Harbinger Capital Partners owns bankrupt wireless company LightSquared, on Monday said he always intended to cut the debt claims of LightSquared's largest creditor, Dish Network Corp <DISH.O> Chairman Charlie Ergen.

Climate change: regional impact

This is how climate change may affect the world's regions this century, as forecast in a major report published by UN scientists Monday. The report is part of the fifth overview on global warming by the Intergovernmental Panel on Climate Change (IPCC) since 1988. The document identifies each region's key challenges; options for addressing them; and level of risk from warming of either 2 C (3.6 F) or 4 C (7.2 F) by 2100 compared to pre-industrial levels. This risk is calculated on the basis of present policies for adapting to climate change. AFRICA

Gov't plans to reduce victims of possible Nankai Trough quake by 80%

The Japanese government has outlined a 10-year program aimed at reducing by 80 percent the number of victims from a possible major earthquake focusing on the Nankai Trough off central and western Japan, officials said Friday. In the worst case scenario, the government estimates the number of victims from such a quake and ensuing tsunami at more than 300,000. The Nankai Trough runs from Suruga Bay off Shizuoka Prefecture on the country's main island of Honshu to the Sea of Hyuga off Miyazaki Prefecture on the southernmost main island of Kyushu.

Gov't plans to reduce victims of possible Nankai Trough quake by 80%

The Japanese government has outlined a 10-year program aimed at reducing by 80 percent the number of victims from a possible major earthquake focusing on the Nankai Trough off central and western Japan, officials said Friday. In the worst case scenario, the government estimates the number of victims from such a quake and ensuing tsunami at more than 300,000. The Nankai Trough runs from Suruga Bay off Shizuoka Prefecture on the country's main island of Honshu to the Sea of Hyuga off Miyazaki Prefecture on the southernmost main island of Kyushu.

Firms get shareholders' OK for appointments, future plans

SEOUL, March 28 (Yonhap) -- A sizable number of South Korea's top firms listed on the main and tech-heavy exchanges held their annual general shareholders' meetings Friday and received approval for the appointment of corporate directors while outlining their plans for the future. The Korea Securities Depository (KSD) said a total of 497 listed companies whose fiscal year ended in December held their shareholders' meeting during the day.

Firms get shareholders' OK for appointments, future plans

SEOUL, March 28 (Yonhap) -- A sizable number of South Korea's top firms listed on the main and tech-heavy exchanges held their annual general shareholders' meetings Friday and received approval for the appointment of corporate directors while outlining their plans for the future. The Korea Securities Depository (KSD) said a total of 497 listed companies whose fiscal year ended in December held their shareholders' meeting during the day.

Metro CEO rejects calls for Ottawa to impose code of conduct to protect suppliers

Supermarket chain Metro has rejected calls for the federal government to impose a new code of conduct to protect suppliers from being squeezed by demands for price cuts from the country's big grocers. Eric La Fleche, CEO of Montreal-based Metro, told a CIBC retail and consumer conference Wednesday that intervention isn't required because the chain's terms with its suppliers are "very competitive" but fair. However, Metro (TSX:MRU) won't allow those suppliers to recoup losses suffered at other supermarket chains at its expense.
Syndicate content