RPT-EU starts on tricky path towards relaxing China trade defence
(Repeats story from Jan. 10 with no changes to text)* China's status at WTO up for change, could limit EU defences* EU executive likely to favour China and avoid retaliation* EU governments divided, Germany's role to be crucialBy Philip Blenkinsop and Robin EmmottBRUSSELS, Jan 11 The European Union will take the first step on Wednesday towards refashioning its trade ties with Beijing, torn over how to lower its defences to avert Chinese retaliation while protecting key industries against a damag..>> view originalFord plans commuter app, Ford car not required
FordPass, which launches in April, is not limited to Ford vehicle owner and is a play for the minds and wallets of a new generation of commuter who may or may not value vehicle ownership.(Photo: Ford)SAN FRANCISCO – Ford is making a big push to get intimately involved with the daily mobility needs of all motorists, regardless of whether they own a Ford automobile.In April, the automaker will launch a smartphone app called FordPass that helps users with parking and other services, provides live ..>> view originalShares, oil steady in Europe after China sends Asia sprawling
LONDONWorld stocks fell to near 2-1/2 year lows on Monday as a fresh pounding for Chinese markets left Asia at a four-year trough and sent oil and commodity markets sprawling again.Europe's main bourses saw a more steady start.FTEU3but investors were still shaky after a torrid session in Asia as doubts continued to mount about Beijing's ability to manage the world's second-biggest economy.The absence of Tokyo for a holiday only made liquidity even harder to come by, heightening volatility. Curre..>> view originalLights Out: The Top 7 Threats To America's Power Grid
4848048Revelationsearlier last weekthat hackers linked to Russia attacked andtook down the Ukrainian power gridare bringing to light once again major threats to the American power grid.“There’s this combination of federal and state-level programs that are aimed at shutting down reliable baseload generation, such as coal, while propping up expensive and unreliable wind and solar power,” Chris Warren of the Institute for Energy Research told The Daily Caller News Foundation. “This includes policie..>> view originalSanofi (SNY), Warp Drive Bio Extend Oncology Therapies, Antibiotics ...
Get an inside look at Wall Street with StreetInsider Premium. Get your 2-week free trial here. Sanofi (NYSE: SNY) and Warp Drive Bio, a privately held biotechnology company using the molecules and mechanisms of nature to discover and develop ...>> view originalChemChina Buying KraussMaffei, a German Machinery Company, for $1 Billion
PhotoRen Jianxin, the chairman of China National Chemical, in 2010.CreditEric Piermont/Agence France-Presse — Getty ImagesHong Kong — The China National Chemical Corporation said on Monday that it would buy the KraussMaffei Group, a German manufacturer of plastics and rubber processing machinery, for about $1 billion.The state-owned China National Chemical, known as ChemChina, has formed a consortium with the Guoxin International Investment Corporation and AGIC Capital to pay 925 million euros f..>> view originalGas prices may fall further
TAMPA, Fla.- Gas prices are likely to fall even lower this week, due to the falling price of oil. Crude prices declined $3.60 last week, which could lead to a decline of about 9 cents at the pump."A global glut in oil keeps pushing oil prices lower, which makes it cheaper to produce gasoline," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Unfortunately, gas prices could eventually rise about 50 cents between February and May as gas supplies tighten due to seasonal refinery maintenanc..>> view originalA Month After GE Deal Falters, Electrolux Chief Announces He'll Retire
LONDON — The Swedish appliance maker Electrolux said on Monday that its top executive planned to retire, an announcement that comes a month after a deal to buyGeneral Electric’s century-old appliance division for $3.3 billion fell apart.G.E.called off the dealin December after the Justice Department moved to block the transaction. It was the second time in recent years that G.E. had tried to sell the division.In anews release, Electrolux said that Keith McLoughlin, an American, had notified the ..>> view originalFarm in a box: Shipping containers reused for fresh produce
In this Tuesday, Dec. 8, 2015, photo, Freight Farms co-founder Jon Friedman positions a seedling tower under red light, inside a freight container converted into a vegetable garden in Boston. The Boston-based company is repurposing shipping containers as mobile farms. Freight Farms sells 320-square-foot containers equipped with high-tech hydroponic equipment that's capable of producing the typical yield for two acres of farmland in any climate, and uses 90 percent less water. (AP Photo/Steven Se..>> view original
Monday, January 11, 2016
RPT-EU starts on tricky path towards relaxing China trade defence and other top stories.
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