Bloomberg Europe’s carbon market is nearing the psychologically important threshold of 30 euros ($33.70) a ton after signs the region will tighten rules on polluters and curtail supplies of allowances. The value of the securities that cover greenhouse gas emissions from industry and utilities has almost doubled in the past year, finishing at their strongest weekly close since 2006. That ...

Bloomberg After a scorching weekend across the US east coast, it’s Europe’s turn to dial up the air conditioners and fans this week. Temperatures could rise as high as 34 degrees Celsius (93 Fahrenheit) by Wednesday in London and other parts of Britain, compared with about 21 Celsius now, according to the Met Office. Paris is forecast to be as ...

Bloomberg Microsoft Corp rose to a record after topping quarterly sales and profit projections, fuelled by steady demand for cloud-computing services and a surprisingly strong Windows business. The company’s forecast promised robust growth will continue into next year. The software maker pledged “double-digit” percentage gains in sales and operating income for the year. Results are getting a boost from larger ...