Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
More than 4,500 Amazon employees this week urged the company to take aggressive action on climate change and reduce its carbon footprint.
Workers called on Amazon to stop offering custom cloud-computing services that support the oil and gas industry in extracting more fossil fuels. They also said Amazon has failed to disclose a company-wide plan to reach zero carbon emissions within the timeline required by science, and that its 100% renewable energy goal has no deadline.
The letter represents the biggest employee-driven push against climate risk in the tech industry yet, as activist tech workers increasingly launch public campaigns to pressure employers on issues like workplace sexual harassment and employee wages.
"Amazon has the resources and scale to spark the world's imagination and redefine what is possible and necessary to address the climate crisis," the employees wrote to Amazon's board of directors and CEO Jeff Bezos. "We believe this is a historic opportunity for Amazon to stand with employees and signal to the world that we're ready to be a climate leader."
The letter accused Amazon of donating to climate-delaying legislators, citing the company's donations in 2018 to 68 members of Congress who voted against climate legislation.
Workers also urged Amazon to terminate all custom solutions specifically designed for oil and gas extraction and exploration, undergo a "complete transition" from fossil fuels and reduce its pollution in vulnerable communities.
The employees are pushing Amazon to approve a shareholder resolution that would force the company to unveil a plan to combat its carbon footprint. The resolution was filed in late 2018, and would be voted on next month.
The 4,520 employees, all of whom attached their names to the letter, comprise less than 1 percent of Amazon's workforce, according to FactSet data. On Wednesday morning, they released the letter with just over 3,500 names; later in the afternoon, the total rose to over 4,000.
It's rare for tech employees to release their names publicly when criticizing their employers, especially at this scale. For instance, hundreds of Google employees walked out last November to protest the company's handling of sexual misconduct, but few names were attached to the protest.
An Amazon spokesperson did not comment on the letter but told CNBC the company is taking many steps to address climate change.
"Earlier this year, we announced that we will share our company-wide carbon footprint, along with related goals and programs. We also announced Shipment Zero, our vision to make all Amazon shipments net zero carbon, with 50% of all shipments net zero by 2030," he said.
On Monday, Amazon announced a renewable energy initiative to build three new wind farms. The company's last renewable energy project was two years ago.
Other tech companies, including Apple, are also taking steps toward using carbon-free sources for manufacturing and data processes. Apple announced Thursday that 21 manufacturers in its supply chain have committed to getting their electricity from renewable sources.
"In our mission to become 'Earth's most customer-centric company,' we believe our climate impact must be a top consideration in everything we do," the workers said. "We have the power to shift entire industries, inspire global action on climate, and lead on the issue of our lifetimes."
Correction: An earlier version of this story misstated the percentage of Amazon's work force that signed the letter. It is 0.5 percent.