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China court plans to set up national environmental fund: media

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SHANGHAI (Reuters) – China’s supreme court is planning to set up a national fund this year to help pay for environmental restoration, the official China Daily reported on Wednesday, citing a senior judge. The Supreme People’s Court has made it a priority to establish a fund using money collected in fines from polluting firms, the Read More

China phases out 280,000 T of ozone-depleting substances in 2018: Xinhua

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FILE PHOTO: A general view of buildings in Shanghai city amid heavy smog in Shanghai, China October 18, 2018. REUTERS/Aly Song SHANGHAI (Reuters) – China has phased out 280,000 tonnes of ozone-depleting substance (ODS) production as part of its obligations to the 1988 Montreal Protocol aimed at protecting the ozone layer, the official Xinhua news Read More

Asian shares steady as Fed looms, May's Brexit deal in chaos

2 days ago DieselGasoil Comments Off on Asian shares steady as Fed looms, May's Brexit deal in chaos
TOKYO (Reuters) – Asian shares held to tight ranges on Tuesday ahead of a Federal Reserve policy meeting, but were broadly supported near 6-1/2-month highs on expectations the U.S. central bank might strike a dovish tone, while fresh Brexit worries weighed on the pound. FILE PHOTO: Men look at stock quotation boards outside a brokerage Read More

Asian shares flat as Fed looms, May's Brexit deal in chaos

2 days ago DieselGasoil Comments Off on Asian shares flat as Fed looms, May's Brexit deal in chaos
TOKYO – Asian shares held tight ranges on Tuesday ahead of the a Federal Reserve policy meeting, but were broadly supported near six-month highs on expectations the central bank might strike a dovish tone, while fresh Brexit worries dogged the pound. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, Read More

Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge

2 days ago DieselGasoil Comments Off on Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge
(Reuters) – Chief Executive Elon Musk has never sought pre-approval for a single tweet about Tesla Inc since striking a court-approved deal about how to communicate important information about the electric vehicle maker, the top U.S. securities regulator told a judge on Monday. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking Read More

Elon Musk tweet about Tesla violates settlement agreement, U.S. regulator tells court

2 days ago DieselGasoil Comments Off on Elon Musk tweet about Tesla violates settlement agreement, U.S. regulator tells court
(Reuters) – A tweet about Tesla Inc production targets by Elon Musk was “a blatant violation” of a court order to get his written communications pre-approved, U.S. securities regulators told a judge on Monday, doubling down on the government’s demand to find the Tesla CEO in contempt of a previous fraud settlement. FILE PHOTO: Tesla Read More

Huawei leads Asian domination of U.N. patent applications in 2018

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GENEVA (Reuters) – Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization (WIPO) last year, WIPO said on Tuesday. A Huawei company logo is seen outside a shopping mall in Shanghai, China March 7, 2019. REUTERS/Aly Song Huawei, which Read More

DNV GL has opened an artificial intelligence research centre in Shanghai

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3/18/2019 Photo: L-R: Hu Keyi, chief engineer Jiangnan Shipyard; Norbert Kray, country chair Greater China and regional manager DNV GL – Maritime; Pierre C. Sames, group technology and research director; Chen ZhongNing, head of Artifical Intelligence Center; Klas Benrik, chief digital transformation officer, CEO VeChain at the opening of DNV GL’s new Artificial Intelligence Research Read More

China's regions seek support as environmental compliance costs hit

3 days ago DieselGasoil Comments Off on China's regions seek support as environmental compliance costs hit
SHANGHAI (Reuters) – China’s cash-strapped regions are lobbying Beijing to loosen its purse strings to help fight pollution, saying they don’t have the funds to meet state policies aimed at fixing the damage done by decades of unrestricted development. A woman wearing a mask walks on a road as heavy smog blankets China’s capital after Read More

Asia shares, bonds count on Fed to be accommodative

3 days ago DieselGasoil Comments Off on Asia shares, bonds count on Fed to be accommodative
SYDNEY (Reuters) – Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week. FILE PHOTO : A man looks at an electronic stock quotation board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, November Read More