Energy majors exaggerating green performance: analysis

Energy majors are exaggerating their green credentials in public messaging while continuing to allocate the majority of new investment to oil and gas projects, according to an industry analysis released Thursday.

New models needed for food system transformation

According to a paper titled "Enacting theories of change for food systems transformation under climate change," published in Global Food Security, food systems are responsible for a third of global greenhouse gas emissions ...

Norwegian to raise 300 mn euros to bolster finances

Struggling low-cost carrier Norwegian Air Shuttle said Tuesday it planned to sell new shares to raise three billion kroner (309 million euros) to meet financial obligations as it restructures and cuts costs.

Samsung 4Q profits top forecasts on Galaxy sales

Samsung Electronics Co. said quarterly profit soared 76 percent, boosted by the popularity of its Galaxy smartphones, which outsold the iPhone for a fourth straight quarter.

Qwest 2Q profit up 18 pct on one-time tax savings

(AP) -- Qwest Communications International Inc.'s second-quarter earnings rose 18 percent because of one-time tax savings, even as revenue continued to slide as customers abandon landline telephones, the phone company said ...