Sunday, November 17, 2013


  • The European Commission has exercised historic new EU powers allowing it to revise national budgets for the first time.

  • (Reuters) - The U.S. House of Representatives passed a controversial bill on Tuesday that would delay two government regulators from adopting rules requiring stock brokers and retirement account financial advisers to put their customers' interests ahead of their own.

  • (USA Today) Most Americans say past global warming has been caused largely by human activities — ranging from a low of 65% in Utah to a high of 92% in Rhode Island. Most also back government curbs on greenhouse gas emissions from power plants — from 62% in Utah to 90% in New Hampshire.

  • (Reuters) - Carbon dioxide injected into oil and gas wells may have caused a series of minor earthquakes in Texas long before the adoption of current hydraulic fracking.

  • Deforestation in the Amazon increased by nearly a third over the past year, according to Brazilian government figures released on Thursday.

  • The Environmental Protection Agency proposed to reduce the amount of ethanol in the nation's fuel supply for the first time. December corn fell 4.5 cents, or 1.1 percent, to $4.22 a bushel.

  • Australia’s central bank left its benchmark interest rate unchanged at a record low and said a lower currency will be needed to achieve balanced growth.

  • Crime rates will soar, economies will stagnate and Europe's social fabric will deteriorate if policymakers do not act to address youth unemployment, World Economic Forum report warns.

  • General Electric Co (GE) will spin off its credit card business next year into a separately traded company as it tries to reduce its exposure to unpredictable financial businesses and return to its manufacturing roots.

  • In Q3 Windows Phone accounted for nearly 10 % of all Smartphone sales in the EU 5 (France, Germany, Italy, Spain, the United Kingdom), research firm Kantar Worldpanel ComTech said. That's a double YoY - largely due to sales of Nokia's Lumia handsets.

  • The board of directors of Kimberly-Clark (KMB) has proposed a spin-off of its healthcare business in order to focus on its consumer and professional brands.

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