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Australian fossil fuel subsidies put at $5.6bn a year in new report

2015-11-12 03:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Renew Economy: As Malcolm Turnbull heads to Turkey to attend this weekends G20 Summit in Antalya, a new international report has revealed that Australia is still subsidising fossil fuel production to the tune of a massive $A5.6 billion a year. The report, Empty promises: G20 subsidies to oil, gas and coal production, also highlights how Australian companies have received billions of dollars from other G20 governments to develop liquefied natural gas sites. And it notes that Australia also funds the industry...

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Indian Railways orders $5.6bn worth of locomotives from GE and Alstom

2015-11-10 01:00:00| Railway Technology

Indian Railways has awarded two contracts worth $5.6bn to US-based General Electric (GE) and French engineering firm Alstom for new diesel and electric locomotives.

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5.6bn 'earned from unsafe homes'

2015-05-21 02:06:11| BBC News | Business | UK Edition

Some 740,000 households in England live in privately rented homes which present a severe threat to tenants' health, a report says.

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JP Morgan posts profit of $5.6bn

2014-10-14 13:21:28| BBC News | Business | UK Edition

US banking giant JP Morgan Chase reports a $5.6bn profit for the three months to 30 September, following a loss a year earlier.

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Growth propels US sock market to $5.6bn

2014-10-01 15:15:00| Daily apparel & textile news and comment - from just-style.com

Socks are evolving from a traditional item into a trendy fashion piece, with growth outpacing the overall apparel market, new research suggests.

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