India is facing demands from the local state-owned oil industry to create the country’s first sovereign wealth fund to compete with China in the race to secure global energy assets, according to government and industry officials.
Coal is dying as a source of US power generation. Good. Let me count the ways that coal has finally been unmasked as not so cheap power.
The economies to watch now are the "Emerging Seven"...Their combined gross domestic product could overtake that of the G7 this decade and open up a 30 percent lead by 2030, according to a PricewaterhouseCoopers forecast. But what will Russia look like in 2030?
Job creation will continue to be difficult if hostility toward financial institutions continues, causing them to cut back on lending, said Steve Schwarzman, CEO of the Blackstone Group private equity firm.
The booming economies of China, India and Brazil are in the spotlight, while those of Europe, Japan and the U.S. look dull and weak.
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This car is not yet approved by the DOT for street driving, so my limited test drive was limited to an industrial complex outside Detroit. But even in short drive, the Nano impressed me with plenty of pep and responsive handling. Its tight turning radius will be an asset for zipping around in urban areas with tight spaces. For an entry-level car, it works. You don't get the feeling you are driving a compact car that lacks power and agility.
It may be halfway around the world from Detroit, but the auto expo this week in New Delhi, India is in many ways a far more important than the one we'll see next week in Detroit.
The long-term investment trend is definitely pointing toward Asia, but China may not be the best opportunity in the region while India could be a safer bet, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
By bringing together views from Google, Shell, Ericsson, General Mills along with those from leading academics and governments from around the world, The Future Agenda program has already highlighted 20 key insights on the world in 2020: To date 155 countries are involved.
Developed countries like the U.S. prefer a fixed-cap system while developing ones want one based on the intensity of their economic growth.
Look for President Obama to sign climate change legislation into law in April, a barrage of carbon footprint commercials on TV, a sustainability label from Walmart and the election of green governors.
As the holiday season fast approaches, food seems to be on everyone's minds. But does food also whet the investor's appetite?
The dollar will continue its decline at a “gentle rate,” the Nikkei 225 should be avoided, and the food sector is well-placed to join the mining industry and move the markets, Robin Griffiths from Cazenove Capital told CNBC Monday.
Like contributors to Wikipedia before them, volunteers are democratizing online map creation -- a field that used to be the exclusive domain of professionals and specialists. And the information they gather is becoming increasingly valuable commercially. The New York Times reports.
Despite recent advances, the U.S. lags far behind other major countries when it comes to clean energy investment and experts say it may never compete on equal terms, let alone lead.
Even as the US market continues to rally, many institutional investors are trimming their US holdings and putting more money in foreign stocks—especially those in emerging markets.
Yahoo is done with its cost-cutting program and now hiring, Chief Executive Carol Bartz told CNBC Tuesday.
As more nervousness creeps into the US stock market, investors are sharpening their look at overseas opportunities where growth is outpacing the US recovery.