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World - Carbon prices - work in progress, not panacea, for rich and poor

By Barbara Lewis and Susanna Twidale BRUSSELS/LONDON (Reuters) - It was supposed to be the way the market would cut greenhouse gases by itself: governments selling companies permits-to-pollute, which they could trade among themselves. While there is still support for national or regional markets, not least in China, which plans to launch the world`s biggest scheme in 2017, any hopes of creating a global carbon market at next week`s U.N. climate conference in Paris look wildly optimistic. In June, a group of European energy companies led by Royal Dutch Shell wrote to the United Nations to call for a global carbon price that would `discourage high carbon options and reduce uncertainty`.

Friday, November 27, 2015  18:05


Business - China slump leads Asia shares lower on regulatory crackdown, weak profits

Early selling intensified in China`s stock markets in the afternoon, with the Shanghai Composite index and the CSI300 plunging 4.7 percent as of 0623 GMT, on track for the biggest one-day drop in more than three months, and set for weekly declines of 4.6 percent and 5 percent, respectively. China`s securities regulator has urged domestic brokerages to cease financing clients` stocks purchases through swaps and other over-the-counter contracts, two sources with direct knowledge told Reuters, its latest move to reduce leveraged financing risk in its stock markets after a summer plunge. The Chinese yuan also came under pressure, weakening to its lowest level in almost three months as investors braced for a decision on Monday by the International Monetary Fund on whether to include the currency in its reserve basket.

Friday, November 27, 2015  06:57


Most Recent - Political Prediction Market: Cruz ahead of Trump

Friday, November 27, 2015  17:10


Market - Chinese executives keep going missing

Top company executives in China keep vanishing, without explanation, and some never return to their posts.

Friday, November 27, 2015  10:07


Market - Americans will spend over $130 on `self-gifting`

Americans no longer wait for Santa to bring presents. Instead, `self-gifting` is on the rise.

Friday, November 27, 2015  02:42


Market - Cam Newton dabs in new Under Armour cleats

Under Armour has had a great year -- thanks to star performances by its athlete endorsers. The latest? Cam Newton of the undefeated Carolina Panthers. And UA got free publicity when Newton showed off new cleats on Thanksgiving.

Friday, November 27, 2015  20:31


Market - Gold price plummets to almost 6-year low

Read full story for latest details.

Friday, November 27, 2015  20:31


Business - Digital impact: Marketing, CRM, and customer experience

A digital CMO offers practical advice for transforming business to build stronger customer relationships.

Friday, November 27, 2015  18:24


Market - Barclays fined $109 million for trying to hide `the deal of the century`

Barclays has been slapped with a record $109 million U.K. fine for trying to keep a $2.8 billion deal with super rich clients so secret it bought a new safe just to store the documents.

Friday, November 27, 2015  16:16


Market - Retail stocks are in the red, except ...

It`s been a lousy year for almost all major retailers. Sales have been sluggish. But consumers are buying more things online. And Amazon`s stock has more than doubled.

Friday, November 27, 2015  13:51

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