The mayors of five U.S. West Coast cities met in Portland for a two-day summit last week to deliver ideas to reduce carbon emissions on a regional level. The meeting was held as the world leaders met in the United Nations Conference on Climate Change (CPO21) in Paris to discuss carbon reductions on a global scale.
Regions
Hotels are turning to AirBNB for renting rooms
AirBNB is a platform on which people all around the world can rent out spaces of their choices. But now actual hotels are also seen on AirBNB, renting rooms.
Deeper recession, faster CPI, higher rate squeezing Brazil
The Brazil's central bank will be under pressure to raise interest rate in 2016 amid gripped into the deepening recession. The borrowing cost is expected to rise by 0.25 percent next year. Brazil is suffering from rising inflation and easing productivity.
BNP Report: Alibaba Can Expand Operations with $38B in 2016
If you haven't heard of it, Alibaba is a Chinese e-commerce company that started as a e-marketplace and now has grown to offer other services like electronic payment and cloud computing. They've become one of the biggest companies in China and now, they have even more money to expand with possibly $38 billion available for deals next year.
Renault-Nissan’s CEO: Electric vehicle is an affordable solution to reduce global emissions
The 13 automotive CEOs across the world including the Renault-Nissan Alliance has released the statement on the weekend over the commitment to reduce global emissions by providing cleaner transportation.
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Despite the International Monetary Fund recent inclusion of the yuan or Renminbi in their basket, rich Chinese men are selling their money for other currencies, because they know that China's economy continues to slow down.
A valet parking service app startup Luxe has launched a subscription service program for all its users. The company is now offering the choice of three monthly subscription plans as well as the car care program while the users' vehicle is in the custody of a Luxe attendant.
The world stockpiles of cotton are piling up giving less scope for investors on price rise. Cotton prices witnessed first weekly drop since November.
Taylor Swift is completely in a gift giving mood this Christmas with the latest launch of her 1989 World Tour Documentary on the Apple Music. On the occasion of Swift's 26th birthday, she announced that the release is scheduled on December 20, 2015, on her Twitter platform.
Less than couple of weeks after threatening Amazon, NJ Mayor has abandoned the plan to file a lawsuit against the retail giant. Earlier this month, Dave Fried, the Robbinsville Township Mayor had threatened to sue Amazon once a senior company official failed to show at a crucial meeting on Wednesday. The meeting was arranged to discuss the hefty traffic generated by Amazon's fulfillment center.
The SCMP Group finally closed the deal with Alibaba at a whopping US$262 million approximately. After many rounds of rumors, the Chinese company has announced that Alibaba has agreed to venture into the news business acquiring The South China Morning Post. This Hongkong based newspaper and the other assets of the SCMP Group including the Elle and Esquire sister concern publications and websites will cost Alibaba a big sum of more than $2 million.
First introduced by former Prime Minister Tony Abbott, the ban on government investment on wind power was lifted as part of Malcolm Turnbull's innovation agenda. The Clean Energy Finance Corporation is now able, due to Environmental Minister Greg Hunt's new orders, to spend the $10 billion on new wind power projects.
The 73rd Golden Globe Award nominations have been announced this year and there's a distinct source where a majority of the nominees are from. It looks like Americans are starting to get their entertainment from on-demand viewing channels instead of traditional broadcast or pay-TV.
CBS Corp. Chief Executive Officer Les Moonves announced Tuesday that Apple has hit the pause button in its TV subscription plans. According to Talking New Media, this is a sign that coordinating with broadcasting firms to develop a system for their business plans is harder than what was initially expected.
