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S&P 500 ticks up to record on central bank bets
2014-11-25 06:20:30| Industrial Machines - Topix.net
US stocks rose on Monday on hopes that China will take further accommodative monetary policy action if needed, while merger deals kept traders focused even as volumes were below average. Energy shares weighed, with declines in Exxon and Chevron keeping the Dow industrials flat while the S&P 500 energy sector was down 1 percent.
Tags: central
record
bank
bets
World Bank to ditch coal for clean energy
2014-11-24 18:55:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The World Bank will invest heavily in clean energy and only fund coal projects in circumstances of extreme need because climate change will undermine efforts to eliminate extreme poverty, says its President Jim Yong Kim. Talking ahead of a U.N. climate summit in Peru next month, Kim said he was alarmed by World Bank-commissioned research from the Potsdam Institute for Climate Impact Research in Germany, which said that as a result of past greenhouse gas emissions the world is condemned to unprecedented...
VIDEO: Bank of England on 'secular stagnation'
2014-11-24 18:47:05| BBC News | Business | UK Edition
The Bank of England's chief economist Andy Haldane talks to the BBC's Robert Peston about "secular stagnation".
Tags: video
bank
england
secular
Extreme Weather Will Be New Climate Normal Without Immediate Action, Warns World Bank
2014-11-24 16:38:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: World Bank President Jim Yong Kim said this weekend that the organizations investment focus will be on clean energy and that it will back coal-fired and other fossil fuel projects only when there is extreme need. Flying in the face of a popular climate denier narrative that says phasing out fossil fuels and addressing extreme poverty cant be done at the same time, Kim said climate change threatened efforts to tackle poverty. His remarks followed the release of the World Banks new report, Turn...
Tags: world
action
normal
bank
Warning over 'fake' offshore bank
2014-11-24 15:50:53| BBC News | Business | UK Edition
Regulators have issued a warning to consumers over a bank falsely claiming to operate in the Channel Islands.
Tags: bank
warning
fake
offshore
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