UPDATE 1-Malaysia's c.bank cuts key rate to mitigate virus impact

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UPDATE 1-Malaysia's c.bank cuts key rate to mitigate virus impact

(Adds details, comments). * Malaysia’s c.bank cuts policy rate 25 bps cut to 2.5%. * C.bank says rate cut to provide ‘more accommodative monetary environment’. By Joseph Sipalan. KUALA LUMPUR, March 3 (Reuters) – Malaysia’s central bank cut its key …
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Project Drawdown report says we've already got the tech to reach negative emissions by 2040s

We already have the technology to reach negative emissions by the 2040s, a new report from climate research group Project Drawdown has concluded. Drawdown is the projected point where the concentration of greenhouse gases in the atmosphere stops …
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Oil extends gains as hopes of stimulus, OPEC cuts offset virus

SEOUL (Reuters) – Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week.
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Waymo raises $2.25 billion in first external funding round

In a development that perhaps illustrates the high cost of transforming self-driving technology into a polished product, Waymo said Monday it has raised $2.25 billion in its first external funding round. Further investment is expected soon. Waymo CEO John …
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Trump asks Fed for 'big cut' after Australia slashes rates on coronavirus impact

President Donald Trump once again called on the Federal Reserve to deliver some major policy easing measures, after the Australian central bank cut rates to record lows and noted the impact of the coronavirus outbreak. The Reserve Bank of Australia …
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