8 November, 2015 by The TZ Newswire Staff Comments Off on Weyerhaeuser to buy Plum Creek, creating $23 billion timber company
Weyerhaeuser to buy Plum Creek, creating $23 billion timber company
Weyerhaeuser Co (WY.N) will purchase Plum Creek Timber Co Inc (PCL.N) in a deal announced on Sunday that the two companies said would create a $23 billion timber, land and forest products company, the largest in the United States. The new company, which will keep the Weyerhaeuser name, will manage more than 13 million acres of timberland that will allow it to drive economies of scale and capitalize on the U.S. housing recovery, the companies said.
8 November, 2015 by The TZ Newswire Staff Comments Off on CEO of world’s biggest shipping line: “We believe that global growth is slowing down”
CEO of world’s biggest shipping line: “We believe that global growth is slowing down”
Nils Smedegaard Andersen, chief executive officer at A.P. Moeller-Maersk:
more at Bloomberg
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Moeller-Maersk is cosndiered s a bellwether for global trade. the company handles about 15% of all consumer goods transported by sea
8 November, 2015 by The TZ Newswire Staff Comments Off on Defense Secretary Suggests Putin Might Nuke America, Says US Will "Defend International Order"
Defense Secretary Suggests Putin Might Nuke America, Says US Will "Defend International Order"
Defense Secretary Ash Carter is a funny guy. We’re not out to disparage him personally (although we’ll happily disparage Washington’s foreign policy for which he is partially responsible), but he sure does have has an uncanny ability to land himself in situations that end up generating amusing photo ops. Here are just two examples from last week:
“Show me some love”…
8 November, 2015 by The TZ Newswire Staff Comments Off on Fonterra CEO says losing Chinese market share to European competitors is a concern for NZ
Fonterra CEO says losing Chinese market share to European competitors is a concern for NZ
Dairy giant Fonterra chief executive Theo Spierings addressing the China Business Summit in Auckland today:
– Europe is gaining share and if Europe gains share New Zealand is losing share
8 November, 2015 by The TZ Newswire Staff Comments Off on Consensus growing that Russian jet was bombed
Consensus growing that Russian jet was bombed
Congressional members say a mounting consensus points to the theory that a downed Russian jet was bombed, The NYT reports.
8 November, 2015 by The TZ Newswire Staff Comments Off on Advance extracts of UK PM Cameron speech – will "rule nothing out" with EU
Advance extracts of UK PM Cameron speech – will "rule nothing out" with EU
on advance extracts of British Prime Minister David Cameron’s speech due Tuesday
Reuters report
“If we can’t reach such an agreement, and if Britain’s concerns were to be met with a deaf ear, which I do not believe will happen, then we will have to think again about whether this European Union is right for us,” Cameron will say, according to advance extracts of his speech.
Cameron wants concessions and reforms in his negotiations with the EU ahead of the ‘Brexit’ referendum
8 November, 2015 by The TZ Newswire Staff Comments Off on Are Guns Safer Than Prescription Drugs?
Are Guns Safer Than Prescription Drugs?
Submitted by Ryan McMaken via The Mises Institute,
The DEA released new drug overdose data yesterday. According to the DEA press release: