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Success of climate talks vital for 2°C target

2013-11-15 17:45:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: Achieving a global climate agreement soon could be crucial for the objective to keep global mean temperature rise below 2 degrees Celsius. The challenges of meeting the long-term target will otherwise increase drastically both in terms of the required emissions reductions and economic impacts. This is shown by the first comprehensive multi-model-based assessment of so-called Durban Platform scenarios, conducted by a team of international scientists led by the Potsdam Institute for Climate Impact...

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Jos A Bank drops $2.3B bid for Men's Wearhouse as self-imposed deadline for talks passes

2013-11-15 14:37:28| Apparel - Topix.net

Jos. A. Bank made an unsolicited offer of $48 per share for Men's Wearhouse Inc. in September.

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Rich nations must pay up if U.N. climate talks to succeed: China

2013-11-15 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Slow-moving U.N. negotiations on fighting climate change can advance only if rich nations fulfill their promise to provide billions of dollars in finance to developing countries, China's chief climate negotiator Su Wei said Thursday. He told reporters in Warsaw that developed nations should make good on pledges made in 2010 and immediately pay the promised $30 billion to help poor countries cope with the effects of climate change. Rich countries also need to clarify how they intend to scale...

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African delegates under pressure to leave UN climate talks

2013-11-15 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: African delegates have been encouraged by non-governmental groups to withdraw from the UN climate negotiations, after the process has so far failed to yield any new pledges on climate finance. Augustine Banter Njamnshi of the Pan African Justice Alliance, that represents 500 NGOs across the Continent, said the group had asked governments to walk out of the talks. A similar move at a UN climate meeting in Barcelona in 2009 brought the talks to a standstill. The request reflects a growing frustration...

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Lactalis in talks to buy majority stake in Indian firm Tirumala Milk

2013-11-15 01:00:00| Food Processing Technology

Lactalis, a French multinational dairy products manufacturer, is in talks to purchase a majority stake in Indian dairy firm Tirumala Milk Products.

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