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News & Updates

October 29, 2014 World Bank urges China to cut 2015 growth to 7%, focus on reforms

Source: The Star Online

BEIJING: China can cut its economic growth target to 7% next year without hurting its labour market, the World Bank said on Wednesday as it urged Beijing to get rid of rigid growth objectives.

October 29, 2014 US sues AT&T over alleged 'data throttling' on phone plans

Source: Reuters

The U.S. government sued AT&T Inc (T.N) on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would reduce their Internet speeds once they exceeded a certain amount of data.

October 29, 2014 U.S. attorney general says banks may face criminal cases soon

Yahoo Finance - WASHINGTON (Reuters) - The U.S. Justice Department is pursuing criminal investigations of financial institutions that could result in action in the coming weeks and months, U.S. Attorney General Eric Holder said...

October 29, 2014 Europe Blackout Threat Looms Amid Power-Supply Risks, Study Says

Source: Bloomberg

The risk of blackouts in Europe will grow in the coming winter as thermal power-generating capacity has been shuttered amid the region’s economic slump and a greater reliance on renewables, a study warned.

October 29, 2014 Poor Countries Tap Renewables at Twice the Pace of Rich

Source: Bloomberg

A study of 55 nations -- including China, Brazil, South Africa, Uruguay and Kenya -- found that they’ve installed a combined 142 gigawatts from 2008 to 2013. The 143 percent growth in renewables in those markets compares with an...

October 29, 2014 Deutsche Bank Sinks to Third-Quarter Loss on Legal Costs

Source: Bloomberg

The net loss in the three months through September was 94 million euros compared with net income of 41 million euros a year earlier, the Frankfurt-based company said today. The bank reported higher-than-estimated revenue from...

October 29, 2014 U.S. EPA seeks more input on sweeping power plant rule

Source: Reuters

U.S. regulators said on Tuesday they wanted more input on elements of a sweeping plan to reduce pollution from power plants and about the role natural gas can play to achieve emissions cuts.

October 29, 2014 New York Ebola doctor 'LIED to police about his travel':

Source: Mail Online

The doctor currently being treated for Ebola in New York lied to police about travelling around the city for six days before he was quarantined, it has been revealed.

October 29, 2014 Nurse Kaci Hickox Doesn't Intend to Obey Maine Ebola Quarantine: Report

Source: NBC News

Maine health officials are prepared to "pursue legal authority" to enforce a quarantine Tuesday as reports surfaced that Kaci Hickox, a nurse who treated Ebola patients in Sierra Leone and shows no symptoms of the virus, doesn't...

October 29, 2014 Hurricane Sandy Anniversary: Five Ambitious Plans For Protecting New York City From Future Superstorms And Climate Change

Source: International Business Times

New York City has always been especially vulnerable to coastal flooding and storm surge, given its 520 miles of coastline and steadily rising sea levels. But it wasn't until Hurricane Sandy lashed the U.S. Northeast on Oct. 29,...

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