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World Bank pledges extra $29bn to poorer nations for climate change fight
2015-10-10 07:34:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The World Bank has pledged to boost by up to $29bn the financial assistance pledged to poorer nations to cope with climate change, bringing closer the possibility of reaching a target of $100bn a year by 2020. Jim Yong Kim, the president of the World Bank Group, said it could boost funding by a third, from 21% to 28%, in response to client demand. He spoke at a meeting of the World Bank and the IMF in Lima, Peru. As we move closer to Paris countries have identified trillions of dollars of climate-related...
Texas Instruments PT Lowered to $48.00 at Deutsche Bank
2015-10-10 06:35:03| Semiconductors - Topix.net
Deutsche Bank's target price indicates a potential downside of 5.64% from the stock's current price. Texas Instruments traded down 1.26% on Friday, reaching $50.87.
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Telecom Italia Said to Work With Deutsche Bank on Tower Sale
2015-10-10 03:08:26| Telecom - Topix.net
Italy's largest phone carrier is working with the investment bank to accelerate the sale process, said two of the people, asking not to be identified because the information is confidential. Inwit shares have jumped more than 20 percent since their June debut in Milan, and Telecom Italia has retained a 60 percent stake.
U.N. Upholds Human Rights, World Bank Dismisses Them
2015-10-09 23:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Inter Press Service: The United Nations has always remained one of the most vociferous and passionate advocates of human rights - exemplified in the creation in 2006 of a 47-member Human Rights Council in Geneva to uphold its mandate. World Bank President Jim Yong Kim. Credit: OECD But, in its own political yard, a member of its extended family, namely the World Bank, is apparently working at cross-purposes. Philip Alston, the U.N. Special Rapporteur on Extreme Poverty and Human Rights, has lambasted the World...
Pinoy car dealer owner pleads guilty to bank fraud
2015-10-09 15:53:55| Auto Dealers - Topix.net
LOS ANGELES A Filipino man who has been accused of running a multi-million dollar fraud scheme has pleaded guilty just before his case was to go to court. In the 1980s, Reodica owned one of the country's largest car dealerships.
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