Passenger Transportation

Martin Midstream states Glass Lewis backs buyout deal with Martin Resource

Martin Midstream Partners said on Wednesday that proxy advisory firm Glass Lewis has advised the energy infrastructure firm's unitholders to vote for the business's proposed buyout deal with Martin Resource Management Corp. . The statement of the Glass Lewis report comes days after Martin Midstream had actually stated that another proxy advisory company Institutional Investor Provider (ISS) had also suggested a. favorable vote for the deal. However, 2 hedge funds Nut Tree Capital Management and. Caspian Capital, holding 13.6% of Martin Midstream, are. promoting a competing bid and urging investors to vote against. the deal. The two hedge funds have

Ground Transportation

Alpine skiing-Vonn to return to World Cup racing

Italy state broadcaster RAI moves towards tower tie-up, sources state

Italian state broadcaster RAI is taking early actions towards a potential merger between its Milanlisted tower unit RaiWay and competing EI Towers, two sources near to the matter informed Reuters. A tie-up between RaiWay and EI Towers, which is owned by Italian infrastructure fund F2i and Italy's top commercial broadcaster MFE has actually been mooted for several years. It would create a nationwide broadcasting tower champion worth nearly 4 billion euros ($ 4.21 billion), when including financial obligation. RAI's board of directors may go over a preliminary non-binding arrangement to initiate talks with EI Towers investors on an offer at

Ground Transportation

BP types offshore wind joint venture in renewables pull away

Japan's Nikkei ends greater as investors assess favorable US information

Japan's Nikkei share average ended higher on Monday as local financiers found convenience from current U.S. data that indicated strong business activity in the world's biggest economy. A measure of U.S. service activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump's. administration next year. The Nikkei increased 1.3% to close at 38,780.14 on. Monday. The index touched an intraday high of 39,053.64,. crossing the 39,000 level for the very first time since Nov. 15. The more comprehensive Topix gained 0.71% to 2,715.6. Abroad elements are essential

Ground Transportation

Japan's Nikkei touches more than a week high on hopes of strong US economy

Japan's Nikkei share average touched its highest in more than one week on Monday, as financiers bought stocks anticipating the U.S. economy to stay strong. The Nikkei reached 39,053.64, hitting its greatest given that Nov. 15, before ending the early morning session 1.53% greater at 38,868.68. The more comprehensive Topix was up 1.02% to 2,747.14. Abroad factors are essential for Japanese stocks now as we have actually not seen much market moving catalysts within Japan, said Fumio Matsumoto, chief strategist at Okasan Securities. Wall Street closed greater on Friday, with all 3 major indexes posting weekly gains, as financiers basked

Japan's Mount Fuji eyes China-made tram to transfer hikers, source says