Category Archives: business

Pacific bluefin tuna group puts off new moves to save fish

FILE – In this Jan. Continue reading

Can this video game-like software help save the suburbs from heroin?

By Caitlin Dickson The scene: It is dusk. The setting is a video game-like depiction of a typical suburban house Continue reading

Australia under fire for lobbying on California kangaroo trade

By Jane Wardell By Jane Wardell SYDNEY (Reuters) – The Australian government is under fire for lobbying the California legislature to stop a ban on the sale of kangaroo products in the U.S. state, a restriction the industry argues would cripple exports of the marsupials’ meat and leather. The California senate will vote on Thursday on a bill to extend a moratorium indefinitely on the sale of kangaroo products like premier league baseball mitts and fire retardant gloves favored by U.S. Continue reading

Solar power supplies 10 percent of Japan peak summer power: Asahi

TOKYO (NEWS.GNOM.ES) – Solar power generation contributed to about 10 percent of peak summer power supplies of Japan’s nine major utilities, equivalent to more than 10 nuclear reactors, the Asahi newspaper reported on Thursday. Though solar power accounts for about 2 percent of annual generation of all power sources, summer’s favorable sunlight conditions increased power output, generating up to about 15 gigawatts of power in total in early August, the paper said Continue reading

Oil prices fall on U.S. crude stocks build, but equity rally supports

By Keith Wallis By Keith Wallis SINGAPORE (NEWS.GNOM.ES) – Oil fell on Thursday on an unexpected build in U.S. crude stocks and a stronger dollar, but a recovery in Asian shares after Wall Street posted a near 2-percent gain overnight helped support prices. Asian investors were focused on the increase in U.S Continue reading

Toshiba to post annual net loss of about 10 billion yen: Yomiuri

TOKYO (NEWS.GNOM.ES) – Japan’s Toshiba Corp is likely to post a net loss of about 10 billion yen ($83 million) when it reports its financial 2014/15 earnings as early as this week, the Yomiuri daily reported, amid a probe into improper accounting at the company. Continue reading

Japan August PMI survey shows services expand at fastest pace in almost two years

TOKYO, (NEWS.GNOM.ES) – Activity in Japan’s services sector expanded at the fastest pace in almost two years in August, a survey showed on Thursday, as companies turned more optimistic on business conditions in a sign the economy may be bouncing back. The Markit/Nikkei Japan Services Purchasing Managers Index (PMI) rose to a seasonally adjusted 53.7 from 51.2 in July to reach the highest since October 2013. Continue reading

Guatemala president ordered detained in corruption probe

By SONIA PEREZ D., Associated Press GUATEMALA CITY (AP) — A Guatemalan judge issued an order to detain President Otto Perez Molina in a government corruption scandal that has thrown the country into turmoil. Attorney General Thelma Aldana told Canal Antigua television late Wednesday that Judge Miquel Angel Galvez granted her request for the order. The president will have to appear before the judge on crimes of illicit association, fraud and receiving bribe money in a widespread customs fraud ring in which the vice president has already been jailed and faces charges. Continue reading

Obama’s Arctic adventure ends with sinking village, fish spawn

By Roberta Rampton By Roberta Rampton KOTZEBUE, Alaska (Reuters) – President Barack Obama got a taste of the U.S. Arctic on Wednesday, dropping in to two remote fly-in native villages in a journey the White House hopes will show how climate change is affecting Americans. Crossing the Arctic Circle, Air Force One flew over Kivalina, pop. Continue reading

Risk assets rebound but high volatility persists

By Hideyuki Sano By Hideyuki Sano TOKYO (NEWS.GNOM.ES) – The price of shares and other risk assets staged a tentative recovery in early Asian trade on Thursday though volatility remained high as investors fretted over global economic health. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, hovering about 2.8 percent above the three-year low hit last week, while Japan’s Nikkei gained 1.4 percent Continue reading