Tuesday, December 1, 2015
Government and business leaders are banking on clean energy technology to fight global warming, kicking off this week's high-stakes climate change negotiations by pledging tens of billions of dollars for research and development.
New cars that can steer and brake themselves risk lulling people in the driver's seat into a false sense of security -- and even to sleep. One way to keep people alert may be providing distractions that are now illegal.
The euro weakened on Monday as traders bet that the European Central Bank (ECB) will turn on the monetary stimulus taps this week, while key U.S. jobs data were also in focus.
Monday, November 30, 2015
The International Monetary Fund is expected to approve inclusion of China's yuan in its SDR basket of elite currencies on Monday, rewarding Beijing's strong pursuit of the global status.
The Special Drawing Right has been the International Monetary Fund's "artificial currency" since 1969, used notably to calculate the interest rates it charges on loans to member states.
Saturday, November 28, 2015
Oil prices traded near US$42 in Asia Friday as U.S. markets took a break for Thanksgiving and Russia ruled out a military strike against Turkey for shooting down one of its warplanes.
Friday, November 27, 2015
Global stocks were mostly higher Thursday on expectations for additional European Central Bank stimulus as jitters about tensions between Russia and Turkey faded.
Oil prices held above US$43 a barrel in Asia Thursday after U.S. commercial crude supplies rose at a slower pace, while jitters lingered over the shooting down by Turkey of a Russian warplane.
The euro struggled in Asia Thursday as expectations grew that the European Central Bank (ECB) will announce a boost to its monetary stimulus measures next week.
Thursday, November 26, 2015
Developing countries could face a bill of US$790 billion (741 billion euros) per year by 2050 for adapting to climate change, anti-poverty agency Oxfam said Wednesday.