Commodity traders are betting that Europe’s carbon futures will soon catapult higher as Brussels drains the glut of carbon allowances on the market. Prices are likely to smash the all-time record of €30 a tonne within months, profoundly reshaping the EU’s energy architecture The killer detail in the European […]
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iPhone delay clears way for Apple Watch launch to take centre stage
To close watchers of the company, updates to the Apple Watch hardware and its operating system are arguably more interesting than changes to the iPhone. The newest version of the software can tell whether wearers are washing their hands for the recommended 20 seconds and can track sleeping patterns. Others […]
Offensive brands are exiting stage left. What took so long?
The following is a guest post from Gregg S. Lipman, managing partner of brand strategy agency CBX. Opinions are the authors’ own. Brands tend to perform best when they act like people, with their own distinctive behaviors and personalities. Right now, people everywhere are engaging in a long-overdue exercise of […]
China takes battle for cryptocurrency hegemony to new stage
TOKYO — Global competition for supremacy in digital currencies has entered a new phase with China’s creation of an East Asia cryptocurrency scheme and American social media company Facebook adjusting its Libra plan in line with the stance of U.S. regulators. At a meeting of the Chinese People’s Political Consultative […]
Coke bets on new music streamer BeApp as virtual concerts take center stage
Brief: Coca-Cola signed on as the exclusive launch partner of BeApp, a new music streaming platform that integrates gamified and social media elements into the virtual concert-viewing experience, according to an announcement. Over the next few weeks, the app founded by tech industry vets Ray Smith and Ross Mason will […]
Trump to take center stage at China’s parliamentary session
TOKYO — For a journalist covering the secretive world of Chinese politics, the annual session of the National People’s Congress, China’s parliament, is a treasure trove of information. It is a precious opportunity to see all of China’s leaders in one setting. It is not every day that a reporter […]
China turns aggressive on global stage ahead of Congress
BEIJING — China is straining its relations with the rest of the world, taking a hardline stance against countries questioning its role in the spread of the new coronavirus and ratcheting up tensions in the South China and East China seas. The aggressive posture is partially meant for a domestic […]
Oil price sideshow could yet take centre stage
The oil price is currently a sideshow, a curiosity in this developing economic drama, it could soon move centre-stage The price of Brent crude has dropped almost 70pc since the start of the year, to just above $20 a barrel. The path of West Texas Intermediate, sold in the US, has been […]
Myanmar’s generals take center stage in coronavirus battle
YANGON — Myanmar’s military has taken the lead in managing the country’s novel coronavirus outbreak, a sign that the armed forces could once again rise to dominate politics here. This has serious implications for the ruling National League for Democracy, a party helmed by Myanmar’s de facto leader, State Counselor Aung San […]