Bloomberg The world needs a single carbon price to reach climate targets including Europe’s pledge to eliminate emissions by 2050, said the head of the region’s biggest utility. Such a level should be between 20 euros ($28) to 40 euros per ton of carbon dioxide for the coming years, then rising gradually to punish even the most efficient fossil-fuel plants, …

Bloomberg US equity futures slipped on Tuesday, pointing to declines after the long weekend as investors grapple with worries about a deadly virus in China that sparked earlier declines across Asia and Europe. Treasuries rose. Contracts for all three of the main gauges were firmly in the red after a miserable session in Asia triggered by the outbreak of the …

Bloomberg A deadly virus in China. A rating downgrade from Moody’s Investors Service. Violent clashes over the weekend. Welcome to Hong Kong, where reasons to sell stocks are mounting ahead of the Lunar New Year holiday. The Hang Seng China Enterprises Index fell 3.2%, the most since October 2018, while the MSCI Hong Kong Index dropped 2.7%, hitting its 200-day …