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How oil's 29% drop surprised investors on OPEC price war
2014-10-31 02:41:17| Energy - Topix.net
After three-and-a-half months of slow decline, the tipping point for a steeper drop came on Oct. 1, said Ray Carbone, president of broker Paramount Options Inc. That's when Saudi Arabia cut prices for its biggest customers. The reasons oil prices started sliding in June were hiding in plain sight: growth in U.S. production, sputtering demand from Europe and China, Mideast violence that threatened to disrupt supplies and never did.
Tags: price
war
drop
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In war on smog, struggling China steel mills adapt to survive
2014-10-30 22:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Chinese steel mills, among the biggest in the world, are altering their production schedules to offset disruption from forced plant closures aimed at curbing choking air pollution during a summit of world leaders in Beijing next month. The move shows how steel mills in the world's top producer and consumer are adapting to the periodic shutdowns enforced by Beijing. Dozens of steel mills in industrial areas straddling the capital are set to shut from Nov. 1 to cut smog before leaders, including...
Australia divestment war shows investment is now the main climate change battleground
2014-10-30 11:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: For those following the rapid change in the climate change debate towards a more financial system orientation, a remarkable situation is unfolding in Australia that will act as a pointer to future developments elsewhere. In response to the fossil fuel free divestment campaign, the pride of the Australian education system, the Australian National University (ANU), finally caved to pressure and decided to engage the services of a socially responsible investment analyst firm to look at climate change...
Debian's Civil War: Has It Really Come to This?
2014-10-28 01:49:34| TechNewsWorld
Well it seems no matter how loudly we here in the Linux blogosphere try to hum a happy tune or discuss cheerful FOSS matters, we just can't seem to drown out the shouts and screams coming from those standing too close to the Systemd Inferno. Stand back, people! It's dangerous! The embers, of course, had been hot for some time already before the blaze flared sky-high a few months ago.
Wireless price war: Good for users, not carriers
2014-10-25 13:39:27| Wireless - Topix.net
More than any time in the past decade, wireless customers are reaping the benefits of a carrier price war over smartphones and tablets, as well as monthly data service contracts. The news isn't as good for the major wireless carriers, based on earnings reports earlier this week from Verizon Wireless and AT&T.
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