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Hurricane Patricia looms, climate pact edges closer

2015-10-23 22:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Battle-weary diplomats left Bonn Friday after endorsing the rough outlines of a UN climate rescue pact, as Mexico invoked a super-hurricane nearing its coast as a portent of Earth's future if negotiations failed. After a bruising round of talks, envoys were satisfied that the latest blueprint reflected everyone's core concerns. But they were also anxious over the work to surmount ahead of a looming summit in Paris where the historic deal is supposed to be sealed. Mexico's negotiator, Roberto...

Tags: closer climate patricia edges

POSCO Q3 profit edges up 0.5 pct, steel supply glut continues

2015-10-20 11:32:11| Steel - Topix.net

Oct 20 South Korean steelmaker POSCO said its third-quarter operating profit crept up 0.5 percent from a year earlier, beating estimates, as more stable iron ore input costs helped it absorb weak steel product prices and a continuing supply glut. POSCO, the world's sixth-biggest steelmaker, said on Tuesday operating profit for July-September was 638 billion won on a parent-only basis, above a consensus forecast of 608 billion won compiled by Thomson Reuters I/B/E/S.

Tags: supply profit steel continues