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 originalChina's yuan spikes higher, but stocks tumble
SHANGHAIChina guided its yuan currency higher on Monday, and offshore it surged against the dollar, spurred by what traders called aggressive intervention by Beijing, although Chinese stocks tumbled again as doubts persisted over policymakers' intent.Perceived mis-steps by China's authorities have stoked concerns in global markets that Beijing might lose its grip on economic policy, even as the country looks set to post its slowest growth in 25 years.A 1.5 percent depreciation in the yuan since ..>> view originalEU Orders Belgium to Claw Back $763 Million Illegal Tax Breaks
The European Union ordered Belgium to recover about 700 million euros ($763 million) in illegal tax breaks given to at least 35 companies, as regulators continued a crack down on overly generous tax schemes throughout the 28-nation bloc.The European Commission ordered Belgium on Monday to recover the full unpaid tax, saying that excess-profit rulings allowed global corporations to get deductions on as much as 90 percent of profits covered by the Belgian pacts. None of the companies involved were..>> 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 originalUPDATE 1-ChemChina-led group buys German chemical firm for $1 bln
* Purchase is biggest Chinese investment in Germany* Buyers include ChemChina, PE firm AGIC* ChemChina adds KraussMaffei to Pirelli purchase (Adds previous Chinese deals in Germany, AGIC comments)ByElzio BarretoHONG KONG, Jan 11 A group of Chinese investors including China National Chemical Corp (ChemChina) agreed on Monday to buy KraussMaffei Group GmbH for 925 million euros ($1.01 billion), in the biggest-ever Chinese investment into Germany.The group, which also included Guoxin Internation..>> view originalGas Prices Dropping In Wiregrass & Nation
Click Here to access the online Public Inspection File Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), orfccinfo@fcc.gov. Public File Liaison: Olivia Wareolivia@wtvy.com Statio..>> view originalTRAFFIC: T's Red Line remains closed; rail and bus shuttles operating - Pittsburgh Post
The Port Authority said the T’sRed Lineremains down this morning due to wind damage Sunday night in Beechview that knocked out power to the light-rail vehicles. A rail shuttle is operating between the Potomac to Overbrook station, and a bus shuttle between Potomac to South Hills Junction stations. The Port Authority said strong winds Sunday night blew trees onto the tracks in Beechview and knocked down the overhead line that powers the light-rail train...>> 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 original
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