Thu, 13 Dec 2018 00:31:25 -0500

Oil prices rise as Sino-U.S. trade tensions show signs of easing

Oil prices rise as Sino-U.S. trade tensions show signs of easingOil prices rose on Thursday, buoyed by a drawdown in U.S. crude stockpiles and indications that China is taking concrete steps to put a trade war truce with Washington into action. Crude oil prices have also been supported by OPEC-led supply curbs announced last week, although gains were capped after the producer group lowered its 2019 demand forecast. International Brent crude oil futures were at $60.47 per barrel at 0442 GMT, up 32 cents, or 0.5 percent, from their last close.


Thu, 13 Dec 2018 00:04:07 -0500

U.S. solar takes hit from Trump tariffs but is cheaper than ever: report

U.S. solar takes hit from Trump tariffs but is cheaper than ever: reportCurrent weakness in the utility-scale market, however, will be offset by larger volumes of projects than had been expected over the next five years because solar energy is now cheaper than ever, the report said. Quarterly installations of utility-scale solar were 678 megawatts, the lowest quarter since 2015 and a more than 30 percent decline from a year ago, the report by Wood Mackenzie for the U.S. Solar Energy Industries Association said.


Thu, 13 Dec 2018 00:03:05 -0500

U.S. solar takes hit from Trump tariffs but is cheaper than ever: report

U.S. solar takes hit from Trump tariffs but is cheaper than ever: reportCurrent weakness in the utility-scale market, however, will be offset by larger volumes of projects than had been expected over the next five years because solar energy is now cheaper than ever, the report said. Quarterly installations of utility-scale solar were 678 megawatts, the lowest quarter since 2015 and a more than 30 percent decline from a year ago, the report by Wood Mackenzie for the U.S. Solar Energy Industries Association said. The total market, which includes residential and commercial installations, came in at 1.7 gigawatts.


Thu, 13 Dec 2018 00:00:21 -0500

From Mars to Ikea, Concerns Emerge About Vague Climate Rules

From Mars to Ikea, Concerns Emerge About Vague Climate RulesFrom the Swedish furniture supplier Ikea to candy maker Mars Inc. and telephone network operator BT Group Plc, companies are looking for a guide on where government policies on the environment are headed. With U.S. President Donald Trump and the government in China pushing priorities other than the environment, companies along with pressure groups are voicing unease about the direction of the UN talks and the deal they are due to produce this weekend.


Wed, 12 Dec 2018 23:30:01 -0500

N. Korea food production down in 2018: UN body

N. Korea food production down in 2018: UN bodyFood production has fallen this year in isolated, nuclear-armed North Korea, according to the UN's Food and Agriculture Organization. Rice and maize are the North's main staples, but rice output was expected to be below average because of erratic rains and low irrigation supplies, the FAO said in its quarterly Crop Prospects and Food Situation report. Unfavourable weather conditions also diminished maize yields, it added.


Wed, 12 Dec 2018 23:18:08 -0500

Huawei Troubles Spell Opportunity for Samsung as 5G Nears

Huawei Troubles Spell Opportunity for Samsung as 5G Nears(Bloomberg) -- Growing security concerns surrounding Huawei Technologies Co. may help Samsung Electronics Co. challenge the Chinese behemoth in the market for fifth-generation wireless communications, an executive at the South Korean giant said.


Wed, 12 Dec 2018 23:09:45 -0500

Inside Huawei's Secret HQ, China Is Shaping the Future

Inside Huawei's Secret HQ, China Is Shaping the FutureAs the trade war drags on, China’s government has pushed to create an industry that is less dependent on cutting-edge U.S. semiconductors and software. Meng’s detention, far from slowing these ambitions, will instead speed the fall of this “silicon curtain,” when the U.S. and China will no longer provide chips to one another, Gus Richard, a Northland Capital Markets analyst, wrote in a recent report. "Huawei is the icon of the rise of China industrial power,” he wrote.