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China, US Strike Tech Trade Deal | EE Times
2014-11-13 00:32:03| Semiconductors - Topix.net
Trade negotiators from China and the US have reached a preliminary deal they say could end tariffs on as much as a trillion dollars in annual global sales of high-tech goods, eliminating tariffs as high as 25% on some next-generation semiconductors. The deal requires approval of the World Trade Organization, which could take up the issue as early as December.
Secret talks and personal letter: how US-China climate deal was done
2014-11-12 23:11:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The climate deal announced on Wednesday between the worlds two biggest carbon polluters was struck after a personal letter from Barack Obama, and nine months of intensive diplomacy. But American and Chinese officials had been in search of an agreement through official meetings and back-channel negotiations since the days when George Bush was president. The plan unveiled in Beijing by Obama and his Chinese counterpart, Xi Jinping, commits the two countries to ambitious cuts to greenhouse gas...
Hedge Funds Burned in Shire Double Down on Covidien Deal
2014-11-12 21:49:22| Biotech - Topix.net
Hedge funds bruised by wrong-way bets on AbbVie Inc.'s failed merger with Shire Plc are showing few signs the trauma was permanent. At least three firms that speculated on the doomed $52 billion drug industry takeover -- Paulson & Co., Taconic Capital Advisors LP and Pentwater Capital Management LP -- have reported stakes tied to Medtronic Inc.'s offer for Covidien Plc , according to filings with the Irish Takeover Panel.
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Secret deal tackle emissions ushers in a new era in fight against global warming
2014-11-12 21:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: The battle to save the world from the ravages of climate change was given an unprecedented boost today as the US and China joined forces to announce secretly negotiated and radical actions to combat global warming. The move will see both countries which between them emit 44 per cent of the worlds CO2 make unprecedented commitments to cut their carbon emissions. It was hailed by climate experts as the start of a new era of ambitious emissions targets because it should encourage other countries,...
US and China reach historic climate change deal, vow to cut emissions
2014-11-12 21:19:00| Climate Ark Climate Change & Global Warming Newsfeed
CNN: In a historic climate change deal, U.S. President Barack Obama and Chinese President Xi Jinping announced both countries will curb their greenhouse gas emissions over the next two decades. Under the agreement, the United States would cut its 2005 level of carbon emissions by 26-28% before the year 2025. China would peak its carbon emissions by 2030 and will also aim to get 20% of its energy from zero-carbon emission sources by the same year. "As the world's two largest economies, energy consumers...
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