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Brazil minister calls out emerging economies over weak climate pledges

2015-10-28 17:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Brazil is shouldering more of the burden of climate action than countries of comparative wealth, according to its environment minister. Izabella Teixeira singled out pledges by Singapore and South Korea as "inexcusable" at an event on Wednesday. Those countries` targets allow greenhouse emissions to rise as their relatively wealthy economies grow over the next 15 years. Brazil is the first developing nation to commit an absolute carbon cut, by contrast: -- 37% by 2025 compared with 2005 levels....

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BASF cuts 2015 targets on a weak China and Brazil

2015-10-27 13:38:59| Chemicals - Topix.net

BASF, the world's largest chemicals firm by sales, today lowered its full-year earnings guidance on weak sales in China, Brazil and other emerging markets. BASF, whose products include car coatings, foam chemicals, catalytic converters and mining chemicals, said it now expected a slight decrease in sales and adjusted earnings before interest and taxes.

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Weak Volume Could Temper United Technologies Rally

2015-10-21 15:31:01| Paper - Topix.net

It is not a huge bottom. It is not a big bottom. But it is a bottom formation for United Technologies and prices have rallied today over the "neckline" of this pattern.

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Nordea profit hit by weak market activity

2015-10-21 08:47:10| Appliances - Topix.net

Nordea Bank AB , the Nordic region's biggest lender, Wednesday reported a bigger-than-expected 17% fall in third-quarter net profit as negative interest rates and lackluster corporate and market activity weighed on its earnings. Net profit at the Stockholm-based bank fell to EUR780 million in the three months ending Sept.

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Asia Markets: Japan stocks rise, but other Asia stocks struggle after weak U.S. lead

2015-10-21 08:12:08| Agriculture - Topix.net

Asian stocks began mixed Wednesday on weak lead from the U.S., with much of the focus on the start of earnings season after a tough quarter for many companies. "A sluggish U.S. session following equally weak European trade points toward a tepid start to Asian equity markets," said IG Markets strategist Bernard Aw.

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