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As China's economy falters, some fund managers look to bonds

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HONG KONG/SHANGHAI (Reuters) – Despite mounting signs of a Chinese economic slowdown, 2019 is off to a good start for fund manager Du Zhenye. FILE PHOTO: An investor watches a board showing stock information at a brokerage office in Beijing, China October 8, 2018. REUTERS/Jason Lee His Shanghai-based ChangAn Xinyi Enhanced Mixed Fund has increased Read More

How OPEC is helping U.S. oil reach a tipping point

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By Julian Lee on 1/20/2019 Photo: OPEC building. NEW YORK (Bloomberg Opinion) — The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020 and it shows something that should strike fear into the hearts of OPEC ministers — from the fourth quarter, America will export more oil than it imports. Read More

ProSieben sees pressure easing as Netflix raises prices

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MUNICH (Reuters) – ProSiebenSat.1 Media believes that price increases by U.S. streaming giant Netflix could ease competitive pressures on the German group’s core TV business and is bullish on growth at its e-commerce arm, CEO Max Conze said. FILE PHOTO – The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. Read More

Before start of new oil pact, OPEC made progress averting glut

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LONDON (Reuters) – OPEC cut oil output sharply in December before a new accord to limit supply took effect, it said on Thursday, suggesting that producers have made a strong start to averting a glut in 2019 as a slowing economy curbs demand. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries Read More

India pollution court asks Volkswagen to deposit $14 million by Friday: TV

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FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker/File Photo NEW DELHI (Reuters) – India’s pollution court on Thursday asked car maker Volkswagen (VOWG_p.DE) to deposit 1 billion rupees ($14.02 million) in a case involving emissions violations, Read More

Advanced Emissions Solutions Announces Additional Refined Coal Facility Closure with Third-Party Investor

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HIGHLANDS RANCH, Colo., Jan. 16, 2019 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today announced that Tinuum Group, LLC (“Tinuum Group”), a joint venture among the Company’s subsidiary ADA-ES, Inc., an affiliate of NexGen Resources Corporation, and an affiliate of The Goldman Sachs Group, Inc., has completed a transaction Read More

Value of global CO2 markets hit record 144 billion euros in 2018: report

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LONDON (Reuters) – The value of traded global markets for carbon dioxide (CO2) allowances soared 250 percent last year to a record high of 144 billion euros ($164 billion), analysts at Refinitiv said on Wednesday. FILE PHOTO: Smoke and steam billow from Belchatow Power Station, Europe’s largest coal-fired power plant operated by PGE Group, at Read More

Analysts raise EU carbon price forecasts, warn of short-term Brexit jitters: Reuters poll

6 days ago DieselGasoil Comments Off on Analysts raise EU carbon price forecasts, warn of short-term Brexit jitters: Reuters poll
LONDON (Reuters) – Analysts have increased their forecasts for prices in Europe’s carbon market to 2021 as supply cuts begin to bite, but warned that short-term prices will be volatile due to uncertainty about Britain’s departure from the European Union. FILE PHOTO: Smoke and steam billow from Belchatow Power Station, Europe’s largest coal-fired power plant Read More