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Scandal cuts VW sales by 4.5% this year

2015-12-11 14:32:44| BBC News | Business | UK Edition

Sales of Volkswagen-branded vehicles fell 2.4% globally in November the wake of the emissions scandal, the German carmaker says.

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Morrisons cuts unleaded petrol below 1

2015-12-11 01:04:06| BBC News | Business | UK Edition

Supermarket chain Morrisons cuts the price of unleaded petrol to below 1 a litre, the lowest level - excluding special promotions - in the UK since 2009.

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New draft text of Paris climate change deal cuts through many sticking points

2015-12-11 00:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Negotiators in Paris are within reach of a new global agreement to curb greenhouse emissions to 2030 and beyond, with the French foreign minister, Laurent Fabius, saying the meeting was extremely close to the finishing line as he presented a draft text that cut through many sticking points. After reading the new draft and chairing a meeting of the so-called umbrella group of developed nations, Australian foreign minister Julie Bishop said she thought the text was about 80% there. Theres...

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U.S. Steel Saved From Worst Year Ever as Metal Rout Cuts Imports

2015-12-11 00:15:34| Steel - Topix.net

Steel prices in the U.S. have dropped so much that imports are finally declining. That's giving shares of U.S. Steel Corp. some relief in a year that was shaping up to be the worst in decades.

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Paris climate change deal 'meaningless' without plan for deeper emissions cuts

2015-12-10 20:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: The Paris climate deal will be "meaningless" and will fail to avert dangerous global warming unless countries agree to pledge deeper emissions cuts every five years, the EU has warned, as talks look set to overrun their Friday deadline. An agreement signed at the UN summit will "never achieve" its aim of preventing extreme climate change unless China and other emerging economies drop their opposition to a five-yearly review process, Miguel Arias Caete, the EUs climate commissioner said. The...

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