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  World leaders have started to generate some real optimism with their efforts to address global climate change. What’s troubling, though, is how far we remain from getting carbon emissions under control — and how much wishful thinking is still required to believe we can do so. The Paris agreement on climate change has garnered the national signatories needed to ...

  The anonymity of bitcoin gained it myriad adherents among anarchists and drug dealers around the world. Now, though, it’s looking like the digital currency isn’t quite anonymous enough. Consider the sudden popularity of Zcash and Monero, two new cryptocurrencies that offer confidential transactions. When Zcash first became available last week, demand was so strong that its founders temporarily became ...

  Bloomberg The green-energy industry is starting to feel the impact of an efficiency drive sweeping Asia, where governments from China to Japan are scaling back subsidies to constrain a boom in installations. Investment in clean-power technologies in Asia slumped 41 percent to $70.1 billion in the first nine months of the year, according to Bloomberg New Energy Finance, which ...

Reuters Egypt’s Suez Canal Authority expects revenue to increase to $5.7 billion this year after the waterway was widened, company executive Tamer Hammad said at a maritime conference in Dubai. The figure would be an improvement on the $5.175 billion achieved in 2015 and would continue an increase in revenues seen this year despite slowing global trade and initially sluggish ...

  AFP The Saudi energy minister said on Tuesday that a multi-billion-dollar technology investment fund the kingdom is developing in partnership with Japan’s SoftBank showed its determination to diversify its economy. Khaled al-Falih told an international forum that the proposed new fund “is simply one indication of this determination and the bold steps being taken” to reorient the economy of ...

Reuters OPEC officials has approved a document outlining the exporter group’s long-term strategy, in a sign its members are making progress in ironing out differences over how and when to manage production levels and, ultimately, oil prices. The approval of the document has been repeatedly postponed with OPEC price hawks such as Algeria and Iran saying the Organization of the ...

  Bloomberg China is seeking to build up export markets for its power amid signs the nation has invested too much in new generation plants. State Grid Corp. of China, which runs the majority of the nation’s electricity distribution network, is considering how to build links to India, South Korea, Japan and Southeast Asia, a move that would require billions ...

  Bloomberg Sony Corp.’s second-quarter profit missed estimates, as a one-time charge and stronger yen weighed on profit from financial services and PlayStation games. Operating profit in the period ended September was 45.7 billion yen ($436 million), the Tokyo-based company said in a statement Tuesday. That compares with the 49.7 billion yen average of analysts’ estimates compiled by Bloomberg before ...

  Bloomberg A.P. Moller-Maersk A/S, owner of the world’s largest container line, said mergers like the combination of its three main Japanese rivals provide relief to an ailing industry that has been characterized by over-capacity. Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd. said on Monday they plan to merge, giving them control of 7 percent ...

  Bloomberg China’s official factory gauge rose to the highest since July 2014, led by new orders, suggesting the economy’s stabilization continued into the fourth quarter as robust consumption underpins demand. Manufacturing purchasing managers index rose to 51.2 in October, the National Bureau of Statistics said Tuesday, from 50.4 in the prior two months PMI beat all economist forecasts in ...