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Climate risk could undermine investments, report warns
2015-11-12 17:26:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: A report has warned that investors could be hit hard amid changes in short-term market swings, triggered by climate impact concerns. University of Cambridge experts said global investment portfolios could see losses of up to 45%. No investor was "immune from the risks posed by climate change", they added. In a recent speech to the City, Bank of England Governor Mark Carney said climate change would "threaten financial resilience". The report, Unhedgeable Risk: How Climate Change Sentiment...
Tags: report
risk
investments
climate
Carlsberg warns of brewery closures - just On Call
2015-11-11 15:33:00| Daily beverage news and comment - from just-drinks.com
Carlsberg said it may close more breweries as it outlined new cost-cutting measures that include the loss of 2,000 jobs and a UK restructuring.
Easyjet chief warns global airport security must be tightened
2015-11-10 07:00:32| BBC News | Business | UK Edition
Carolyn McCall says passengers will welcome increased checks following terror alert and pledges all customers will be back from Egypt "by the weekend".
Tags: security
global
chief
airport
Tesco chief warns on retail costs
2015-11-10 00:25:54| BBC News | Business | UK Edition
The head of supermarket Tesco has warned retailers face a "lethal cocktail" of tax and costs at a time of slumping profits.
Tags: costs
chief
retail
warns
Brazil climate change report warns of failed hydropower and crops
2015-11-09 17:06:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: A comprehensive new study commissioned by Brazils government predicts severe drought and crop failures due to climate change by 2040. Brazil now gets 78% of its electricity from hydropower, but decreased rainfall could cut river flows by 38 to 57% to the nations four biggest existing hydropower plants, sharply decreasing energy generation. Reduced water flows to proposed dams in the Tapajós basin, as well as to the gigantic, under construction Belo Monte dam, could make hydroelectric power...
Tags: report
change
brazil
failed
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