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China Plans National Carbon Market by 2016 Amid Emission Pledge
2014-11-25 10:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: China, the worlds largest greenhouse gas emitter, plans to start a nationwide carbon market in the next two years following a pledge to cap emissions by 2030. Opening in 2016, the market would have matured by 2020, Su Wei, an official at the climate change department under the National Development and Reform Commission, said today at a press conference in Beijing. China, which is working on an absolute control plan for carbon emissions, may announce rules for carbon-permit trading as early as...
Tags: national
china
market
plans
Water War Amid Brazil Drought Leads to Fight Over Puddles
2014-11-25 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Brazils Jaguari reservoir has fallen to its lowest level ever, laying bare measurement posts that jut from exposed earth like a line of dominoes. The nations two biggest cities are fighting for what little water is left. Sao Paulo state leaders want to tap Jaguari, which feeds Rio de Janeiros main source. Rio state officials say they shouldnt suffer for others mismanagement. Supreme Court judges have summoned the parties to Brasilia for a mediation session this week. The standoff in a...
Mobily CEO suspended amid accounting errors probe
2014-11-25 01:00:00| Total Telecom industry news
Deputy CEO Serkan Okandan takes temporary charge of Saudi Arabian mobile operator.
Tags: errors
accounting
ceo
probe
Up To Speed: Gap reduces earnings forecast amid apparel retail slowdown
2014-11-22 08:51:00| Apparel - Topix.net
Gap Inc. cited slowing sales, particularly at its namesake Gap stores, as it cut its earnings forecast for the rest of the year, ending in February. Specifically, Bloomberg reported, same-store sales at Gap fell 5 percent for this past quarter.
Tags: speed
retail
apparel
gap
Canadian dollar advances amid surprise increase in inflation, central bank moves
2014-11-21 16:17:00| IT Services - Topix.net
The loonie was up 0.59 of a cent to 89.04 cents US after Statistics Canada said inflation rose by 0.1 per cent from September. Economists had been looking for a drop after a 0.2 per cent rise in September.
Tags: central
increase
bank
dollar
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