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Apple: Nike Results And Other Data Bode Well For September Quarter In China

2015-09-25 19:54:48| Footwear - Topix.net

Nike's results indicated that premium U.S. brands are still doing well in China, despite assumed economic headwinds. Combined with CEO Tim Cook's recent statement about continued strong growth in China in July and August, Apple investors can look forward to a very positive September earnings report Nike reported results for their fiscal 2016 Q1 on September 24 and surprised analysts with a 30% y/y increase in revenue for Greater China to $886 million.

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VIDEO: Peston: China slowdown in 30 seconds (or less)

2015-09-25 17:35:15| BBC News | Business | UK Edition

BBC economics editor Robert Peston tries to explain why China's slowdown matters in three, six and 30 seconds.

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China to Launch Nationwide Scheme to Cut Global Warming Pollution

2015-09-25 16:29:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: China will put in place a nationwide carbon emissions trading program in 2017 and agree to stringent transparency rules in a new global climate change accord as part of a sweeping announcement President Obama and President Xi Jinping will make today, White House officials said. The joint call to action on global warming will be the second time in less than a year that Obama and Xi have stood side by side to pledge joint cooperation between the worlds two largest economies and emitters of greenhouse...

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China climate aid to poor nations seen as spurring big economies

2015-09-25 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: China, the worlds biggest greenhouse gas emitter, is on the brink of making a significant financial pledge to help poorer countries shift away from fossil fuels. That should put pressure on major economies to follow. China is saying were prepared to do our bit, and were serious in funding climate initiatives in other countries, Grant Anderson, head of the climate change group at law firm Allens, said by phone Friday from Melbourne. The gauntlet then is thrown down to other countries who...

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China to launch national cap-and-trade plan in 2017, US announces

2015-09-25 15:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The move, announced on the eve of a summit in Washington between Presidents Barack Obama and Xi Jinping, would make China the worlds biggest carbon market, overtaking the European Union, and could strengthen global efforts to put a price on carbon. White House officials said the cap-and-trade plan would be formally announced on Friday along with a very substantial financial commitment from China to help the worlds poorest countries fight climate change. The US has already pledged $3bn to...

Tags: us plan national china

 

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