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Climate curbs will slow temperature rise; more needed for 2C goal: UN

2015-10-30 12:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Plans by about 150 countries to curb greenhouse gas emissions will slow climate change this century but they need to do more to limit rising global temperatures to two degrees Celsius (3.6 Fahrenheit), the United Nations said on Friday. Scientists say warming must be kept below 2 degrees by the end of the century to stave off the worst effects of climate change such as floods, droughts and rising sea levels. National strategies would restrict a rise in world emissions to the equivalent of 56.7...

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RBS profits rise on Citizens sale

2015-10-30 09:21:32| BBC News | Business | UK Edition

Royal Bank of Scotland Group said third-quarter net profit rose to 952m from 896m after it booked a 1.1bn gain as it sells US bank Citizens.

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UN says climate curbs will slow, but not reverse, temperature rise

2015-10-30 07:52:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Plans by 146 countries to curb greenhouse gas emissions will slow climate change this century and keep alive a goal of limiting a rise in temperatures to two degrees Celsius (3.6° Fahrenheit), the United Nations said on Friday. But even if these 10-to-15 year plans are fulfilled, humanity will have used up three-quarters of its carbon "budget" by 2030 and must slash greenhouse gas output even more to avoid devastating climate impacts, the UN's Climate Change Secretariat warned. "An unprecedented...

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Agco shares rise as cost cuts lift profits hopes

2015-10-30 06:17:23| Industrial Machines - Topix.net

Agco shares soared, after the tractor manufacturer raised its earnings forecast, amid signs of a belt-tightening campaign boosting profitability in the face of a tough sales environment. The maker of Fendt and Massey Ferguson farm equipment nudged higher to $3.20 per share, from $3.10 per share, its full-year earnings forecast.

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Summer rise in personal insolvency

2015-10-29 11:57:06| BBC News | Business | UK Edition

The number of people being declared insolvent in England and Wales has risen for the first time in more than a year.

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