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China home prices continue to slump

2015-02-17 04:39:26| BBC News | Business | UK Edition

The average price of new homes in China's 70 major cities fell 0.4% in January from a month ago, marking the ninth consecutive decline.

Tags: home china continue prices

Oil slump not necessarily bad news for climate

2015-02-14 14:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Since the 1970s, the renewable energy sector has usually trembled each time oil goes through the "bust" phase of the commodity cycle. When crude was dear, users became interested in wind, solar and hydro. But when oil became cheap, they gorged on it once more, turning their backs on novel, cleaner but costlier alternatives. Today, oil is again in the doldrums. It plunged by 60 percent in price between June 2014 and January, falling to just over $40 a barrel, before pulling back to around...

Tags: news bad oil necessarily

Renault halts Moscow production in face of Russian car sales slump

2015-02-11 18:54:55| Auto Dealers - Topix.net

Russian sales fell 24 percent in January after the country's economic crisis worsened, according to data from the Moscow-based Association of European Businesses. Renault, the fifth best-selling brand in Russia, saw sales slide 32 percent last month.

Tags: sales car face production

Ford will roll out six new models in Russia despite market slump

2015-02-08 13:43:07| Automakers - Topix.net

Ford Motor will roll out six new models in Russia this year despite the country's sagging economy and rising tensions over the conflict in Ukraine, CEO Mark Fields told a German business magazine. "Between end-2014 and end-2015 we will bring six new models to market," Fields was quoted as saying in German weekly magazine WirtschaftsWoche .

Tags: market models roll ford