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World Bank to strengthen focus on climate change

2013-01-10 21:32:00| Climate Ark Climate Change & Global Warming Newsfeed

The Hill: The World Banks chief told Bloomberg in an interview published Thursday that he hopes to elevate the international development institutions climate change role. World Bank President Jim Yong Kim, who took office in July, said the lenders November climate change report already has had an effect on its 188 member countries. "The response was quite surprising," Kim told Bloomberg. "It was as if weve heard this all from the environmental groups, but my goodness, if the World Bank tells us this...

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Canadian Pacific Railway Limited Given New $103.00 Price Target at National Bank

2013-01-10 19:14:40| Railroads - Topix.net

Canadian Pacific Railway Limited traded down 0.42% on Thursday, hitting $107.89. Canadian Pacific Railway Limited has a 52-week low of $69.00 and a 52-week high of $108.60. The stock's 50-day moving average is currently $98.52. The company has a market cap of $18.662 billion and a price-to-earnings ratio of 26.75. Canadian Pacific Railway Limited ... (more)

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U.S. bank cyber attacks reflect 'frightening' new era

2013-01-10 15:36:56| InfoWorld: Top News

Cyber attacks on U.S. banks over the last several months reflect a frightening new era in cyber warfare that corporations are unprepared to battle because of a shortage of experts skilled in building effective defenses, one security expert says.

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World Bank Focuses on Climate Change in Hunt For Fresh Strategy

2013-01-10 14:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The World Bank can make a difference in areas such as climate change, education and health, President Jim Yong Kim said, as he crafts a strategy for the poverty- fighting lender. Having spent his first six months in the job listening to the staff and board of directors, Kim said he is taking steps to make the bank less bureaucratic. Asked by the organizations 188-member countries to be more selective on the projects it undertakes, Kim now has to prioritize its efforts and make tough choices,...

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Bank refrains from new stimulus

2013-01-10 13:11:39| BBC News | Business | UK Edition

The Bank of England decides not to increase its quantitative easing stimulus programme and keeps interest rates unchanged at 0.5%.

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