Markets
BP joins Shell in making plans to combat climate change
The proposal called for BP to publish a business strategy in line with the goals agreed in the Paris climate change agreement by the end of its 2019 financial year. Shell, for example, said past year that it would start linking executive pay to short-term carbon emissions targets in 2020 after coming under pressure from shareholders including the Church of England. [Full Article...]
BP to link 36000 workers' bonuses to emissions reductions
The investors have been acting as part of Climate Action 100 +, an investor initiative to engage with major greenhouse gas emitters. Unlike at Shell, BP's pledge does not advance any detailed plan for linking executives' pay packets to climate change targets. [Full Article...]
New BMW 7 Series plug-in hybrid unveiled
BMW presents a particularly contemporary and technologically advanced form of automotive luxury. On sale in the Spring, prices for the 745e start from £76,815, while the 745Le xDrive starts from £83,560. The latter is positioned underneath the rear seats, while the 46-litre fuel tank is located above the rear axle. The driver can choose between several driving modes: SPORT for a dynamic set-u... [Full Article...]
Anil Ambani's RCom Goes For Insolvency Proceedings To Repay Debt
Reliance Communications said that it had to opt for insolvency because of lack of 100% approvals and consensus, as mandated by RBI's 12th February 2018 circular, on all important issues, amongst over 40 lenders, Indian and foreign despite the passage of 12 months and over 45 meetings, besides the numerous legal issues it faced at various courts. [Full Article...]
Detained Canadian Michael Spavor gets third consular visit in China
December 21: Canada makes a formal demand for the release of Kovrig and Spavor. The results, released Friday, reveal 62 per cent of respondents said China's record on human rights and the rule of law should be more important to Canada than trade investment and opportunities which accounted for 38 per cent of people polled. [Full Article...]
Black Friday and Cyber Monday boosted Amazon's holiday sales
Change of 1.02% for AMAZON.COM Inc (NASDAQ: AMZN)'s shares shorted was registered. Amazon's finance chief Brian Olsavsky tried to reassure investors that the company remains on the right track. Net income jumped 63 percent to $3 billion for the fourth quarter, ahead of analysts' estimates. The company had little need to splurge previous year, thanks to prior spending on warehouses, headcount ... [Full Article...]
Gold-themed Honda models mark 50th anniversary in Australia
They also have special badging and satin black accents. Honda established its Australian subsidiary on February 4, 1969, although other companies had been importing and distributing Honda products around the continent since the 1950s. Honda also included its Buffalo lawnmower and EU22i generator in the gold-clad collection. More than five million products were sold in Australia over the past f... [Full Article...]
Pringles wine tumblers are inspired by woman banned from Walmart
Just one pop and you can't stop. "Where else in America can you go see and buy nearly anything than Walmart?" The tumblers are printed to look almost identical to their nonalcoholic counterparts and even have nutrition labels on them in addition to the Pringles logo. [Full Article...]