Hennes & Mauritz AB says it has a solution to tight cotton supplies and the piles of old garments choking landfills worldwide: convince consumers to recycle cast- offs by offering discounts on yet more clothing.
President Barack Obama will outline “commonsense” steps to tackle climate change in the weeks ahead, White House energy adviser Heather Zichal said, confirming what the president is telling donors privately.
Coal of Africa Ltd., which owns collieries in South Africa, jumped the most in more than five months in Johannesburg after saying its Makhado project may deliver 5.5 million metric tons of the fuel annually.
Most of the U.S. and southern Canada will start next week with higher-than-normal temperatures, including some of the largest cities in both countries, said Matt Rogers, president of Commodity Weather Group LLC.
PT Jamsostek, Indonesia’s biggest pension fund, said the nation’s benchmark stock index will extend losses, giving the manager an opportunity to boost equity holdings amid optimism about the country’s economic growth.
Tokyo Electric Power Co. found unsafe levels of radioactivity in groundwater at its crippled Fukushima station, even as Japan’s nuclear regulator set the clock ticking on the restart of the nation’s idled reactors.
Europe’s carbon emissions trading system risks failing unless significant changes are made, including an end to the bloc’s renewable energy target, according to a paper published today by a U.K. research group.