Germany is widely seen as a world leader in the fight against climate change. Thanks to its investments in renewable power, wind and solar energy provide a third of its electricity, more than double the US share. Germany’s goal to lower carbon-dioxide emissions 40 percent by 2020 is significantly more ambitious than that of Europe as a whole or the ...

As New Delhi suffers through a surge in the most harmful type of smog—a toxic stew that makes India’s capital one of the most polluted in the world—Beijing offers lessons in how another troubled city made progress clearing the air. China, which for more than a decade has been the world’s biggest emitter of carbon dioxide, has made its capital ...

If he doesn’t already, Narendra Modi should start believing in Santa Claus. For the Prime Minister, whose party faces an important poll in Modi’s home state next month, the one-notch rating bump to Baa2 by Moody’s Investors Service is an early Christmas present. More importantly, the rationale for the upgrade cites two of his most destabilizing measures of the past ...

For 30 years China has recycled more cardboard boxes, plastic bottles and old computers than any other nation. By doing so, it’s saved millions of tons of resources and indirectly funded thousands of recycling programs and companies globally. But now it wants to stop. In July, China notified the World Trade Organisation that it will soon prohibit the import of ...

Bloomberg Tesla Inc.’s Elon Musk is showing the world a big rig-worth of reason to take seriously his master plan to electrify all the major forms of “terrestrial transport.” The electric-car maker offered scant detail ahead of his remarks, saving information such as range, price and production plans for Musk to announce. The company did say the truck will offer ...

Bloomberg Volkswagen AG will spend more than 34 billion euros ($40 billion) over the next five years to develop automotive technology for an era of electric robo-taxis. With the unprecedented investment through 2022, Volkswagen is accelerating its push into battery-powered vehicles, autonomous-driving features and ride-hailing systems, the Wolfsburg, Germany-based company said in a statement. Volkswagen is seeking to defend its ...

Bloomberg AT&T Inc. has deployed a drone to act as a “cell tower in the sky” to help provide communication services in hurricane-ravaged Puerto Rico, the first time the technology has been used to reconnect residents after a disaster, the company said. The Federal Aviation Administration announced its approval for the use of the vehicle, which resembles a small helicopter. ...

Bloomberg Apple Inc. is working on a rear-facing 3-D sensor system for the iPhone in 2019, another step towards turning the handset into a leading augmented-reality device, according to people familiar with the plan. Apple is evaluating a different technology from the one it currently uses in the TrueDepth sensor system on the front of the iPhone X, the people ...

Bloomberg China’s central bank said it will closely monitor liquidity conditions amid its campaign to reduce debt levels, in a quarte-rly report where it reiterated a commitment to “prudent and neutral” monetary policy. The People’s Bank of China seeks an “optimal” environment to help stabilize economic growth, while facilitating dele-veraging, curbing bubbles and preventing risks, according to a quarterly report ...

Bloomberg Canadian inflation eased for the first time in four months in October as gasoline prices fell and the economy showed few signs of price pressure, bolstering the view the central bank can afford to wait before it tightens policy further. Annual inflation decelerated to 1.4 percent, from 1.6 percent in September, Statistics Canada reported in Ottawa. That matched the ...