US boom transforming global oil trade

The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle ...

New Zealand: Forget Kyoto, write new climate deal

Highlighting a rift between the rich countries and emerging economies like China, New Zealand's climate minister staunchly defended his government's decision to drop out of the emissions pact for developed nations, saying ...

One million UK jobs depend on physics, report reveals

A new report from the Institute of Physics (IOP) shows that 4% of employees in the UK work in companies that would not exist without the physics base, or without employees that have an advanced understanding of physics.

Consumer confidence posts a significant gain in September

Consumer confidence improved substantially in September due to more favorable prospects for the national economy, according to University of Michigan economist Richard Curtin, director of the Thomson Reuters/University of ...

New mileage standards would double fuel efficiency

The Obama administration has finalized regulations that will force automakers to nearly double the average gas mileage of all new cars and trucks they sell in America by 2025.

Farming loved but misunderstood, survey shows

A survey exploring public opinion about the UK's agricultural sector has revealed that farming has a special place in most people's hearts, even though they know surprisingly little about it.

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