Read the latest and breaking business news and top stories - June 3
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- Tens of trillions of dollars in global energy investments will have to be made over the next two decades in order to ensure that the world has enough energy supplies, according to the International Energy Agency , an intergovernmental or...
- Uganda plans to award new oil and gas exploration licenses next year, ending an eight-year halt in licensing, the Petroleum Exploration and Production Department said Tuesday. The Ugandan government plans to give licenses to more than a ...
China said on Tuesday that it will put an absolute cap on its carbon dioxide emissions as early as 2016. The announcement comes just one day after the Obama administration unveiled its most ambitious climate proposal yet , and the timing...- The Indian operations of General Motors (NYSE:GM) suffered a decline in sales of 43 percent in May, coming in at the bottom of the table, while its counterpart from Detroit, Ford India, beat all other automakers in the country to clock a...
- (Reuters) - At least 74 people have died in General Motors cars in accidents with some key similarities to those that GM has linked to 13 deaths involving defective ignition switches, a Reuters analysis of government fatal-crash data has...
- Scientists will release information Wednesday about a mysterious noise, which could have been an ocean impact, recorded by two undersea receivers in the Indian Ocean about the time Malaysia Airlines Flight 370 stopped satellite transmiss...
- Whole Foods Market (NASDAQ:WFM) seemed to have the recipe down. Its distinct identity helped build a loyal base of consumers and brought years of growing revenues. But now -- with the stock still depressed a month after second-quarter ea...
- The United States is already well prepared to achieve the reductions in greenhouse gas emissions targeted by a landmark policy laid out by the Obama administration Monday , energy experts say.
- The FTSE 100 falls, with weak eurozone inflation figures adding to expectations that the European Central Bank will take action later this week.
- Countries must invest nearly $50 trillion to meet the world’s energy needs over the next 21 years, the IEA reported on Tuesday.
- (Kitco News) - Platinum prices are likely to dip whenever a four-month-old South African strike comes to an end, but that weakness could be temporary as production may not return to normal for many months. “If the strike ends, obviously ...
- GM, Chrysler, and Nissan reported higher-than-expected U.S. new car sales in May, with demand continuing to gather strength as the weather warmed.
- The deal with the biotechnology company Adaptimmune comes a little over a month after Glaxo agreed to sell its cancer drug business to the Swiss pharmaceutical maker Novartis.
- I had to laugh out loud when I saw the picture cross my screen. It was one of those motivational posters with dolphins on it and had a heading that said "Sea, Change is Easy." Later that day I say this as a speaker on the topic "Coachin...
- Bitcoin could be used by divorcing spouses to hide assets, lawyers have said, as court battles shift their focus to assets.
- Google collaborates with designer Diane von Furstenberg on a stylish version of its wearable computer. NBC reports.
- Video Forbes' Creative Style Director, Joseph DeAcetis, speaks with CEO of Mitchells, Bob Mitchell. Watch as they discuss the modest origins of the company, which started as a small family-run business with a strong focus on superb custo...
- England and Scotland use valuations from 1991, while there is no appropriate band for those in the most expensive properties Continue reading...
- Live sports events have long been considered DVR-proof thanks to massive live TV audiences, but rarely does a regular season game rank among the year's most popular.
- Seattle just passed the highest minimum wage in the nation: $15 an hour, well above the federal minimum wage of $7.25. Yet, as progressive and monumental as $15 an hour may seem, it's actually nowhere what the minimum wage would be if it...
- If you listen to the lobbyists for medical device manufacturers and many of their best friends forever in the health care industry and Washington, health IT is the answer to our biggest health care troubles, from medical errors to the hi...
- The co-owner of two bitcoin-related sites agreed to pay thousands to settle charges he publicly offered shares before registering.
- FRANKFURT (Reuters) - Deutsche Bank will price an 8 billion euro ($11 billion) capital increase on Wednesday, likely at a big discount, to fortify its balance sheet ahead of regulatory checks and to complete a costly restructuring.
- Interest rate rise to 1.5% would hit 22,000 customers, says body managing mortgage books of Northern Rock and Bradford & Bingley Continue reading...
- Being laid off can affect your finances as well as your health. Professor Sandra Sucher of the Harvard Business School explains how to survive, and even thrive, after a layoff.
- Aldi and Lidl are still gaining ground, while Asda has dug its heels in and Waitrose is sitting pretty.
- Kevin Landis: We manage a publicly-traded venture capital fund called Firsthand Technology Value Fund, which has traded on the NASDAQ under the ticker symbol SVVC since 2011. It's organized as a closed-end fund. The fund is primarily inv...
- BERLIN, June 3 (Reuters) - The German Finance Ministry said on Tuesday it was not aware of any plans for the government to take a stake in Alstom as part of a possible deal between the French industrial group and its German rival Siemens .
- When you see your own behavior in others and it bothers you, take note -- you have probably aggravated other people unknowingly. It's time for introspection! As long as I remember, I've had a bad habit of interrupting. I've always been a...
- Under the direction of Xer managers, the workplace is becoming more numbers-driven than ever.
- You may, in the spirit of the times, think that politicians are the most untrustworthy and undependable people on the planet. But a new study says you should behave just like them if you want to get a job. That’s because what employers l...
- Two ghosts are haunting the eurozone: low inflation and a strong euro. The European Central Bank (ECB) is likely to take aim at both by punishing banks that park money with the ECB.
- June 3 (Reuters) - The following U.S.- and Canada-listed companies reported earnings on Tuesday. This list shows whether they beat, met or missed Wall Street analysts' forecasts. It also shows the difference between analysts' expectation...
- June 3 (Reuters) - IntercontinentalExchange Inc plans to eliminate at least 15 order types from the New York Stock Exchange in order to help simplify the structure of the market, an executive of the exchange operator said on Tuesday.
- Hundreds of scientists have signed a letter to Prime Minister Stephen Harper saying the recent report on the Northern Gateway Pipeline is so flawed, it's essentially useless.
- LONDON, June 3 (Reuters) - Terry Smith, the chief executive of Tullett Prebon and a prominent figure in London's financial circles, could leave the interdealer broker as early as the end of June, a source familiar with situation told Reu...
- Airbnb CEO Brian Chesky is working really hard to make sure that people aren't throwing orgies in your home. In an interview with Katie Couric for Yahoo News , Chesky revealed that the site has banned thousands of Airbnb members from the...
- FRANKFURT, June 3 (Reuters) - Volkswagen aims to raise up to 2 billion euros ($2.72 billion) by issuing new preference shares in an accelerated book building placement to institutional investors, it said on Tuesday.
- The picture-sharing app is rolling out a set of robust new tools to allow users to quickly and easily enhance the images they post.
- The picture-sharing app is rolling out a set of robust new tools to allow users to quickly and easily enhance the images they post.
- E3 is only a week away, and the big story is the same one it was last year: Microsoft's Xbox One vs. Sony's PS4. Last year, we saw an uncommon rout, with media outlets and forums across the internet declaring the PS4 the unquestionable w...
- On April 21, after Saudi King Abdullah al Rabeeah told a news conference he had no idea why the Middle East Respiratory-Coronavirus, or MERS, was surging and leading to hundreds of death, Saudi Arabia fired its health minister . " Surpri...
- June 3 (Reuters) - S&P Dow Jones Indices and MSCI Inc are considering potential changes to the Global Industry Classification Standard (GICS) structure in 2015 and are discussing the issue with members of the investment community.
- Millionaires make some of the same investment mistakes as everyone else. It's just that their mistakes can cost more. Five common blunders.
- The comedian used 13 minutes of his Sunday program to convince viewers to reach out to the Federal Communications Commission about open Internet rules. They responded and crashed the FCC servers.
- A day before our scheduled interview, AstraZeneca CEO Pascal Soriot barged into another meeting thinking he was supposed to be there. The next day he said hello as if we were old friends. Fresh from battling off a $117 billion acquisitio...
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- Read full story for latest details.
- The Turkish government has complied with a court order to unblock the video-sharing website YouTube. The government had been forced by a court order to lift a ban on the micro-blogging website Twitter.
June, 3, 2014 from International Business Times