International Business News - Global http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Banks, pension funds and other investment groups representing more than $13 trillion in assets called for a strong global agreement on climate policy on Wednesday, saying it would lead to a flood of investment into the low-carbon economy. http://www.ibtimes.com/data/articleimgs/220588-.jpg http://www.ibtimes.com/articles/20090916/global-investors-call-binding-climate-policy.htm http://www.ibtimes.com/articles/20090916/global-investors-call-binding-climate-policy.htm Wed, 16 Sep 2009 17:16:37 EDT Independent oil and gas company Parallel Petroleum Corp agreed to be bought by Apollo Global Management LLC for $3.15 per share, a premium of 11 percent to Parallel's Monday's close on Nasdaq. http://www.ibtimes.com/articles/20090915/parallel-petroleum-be-bought-apollo-global.htm Tue, 15 Sep 2009 13:59:07 EDT Global oil demand will be almost 0.5 million barrels per day higher than previously forecast this year and next on stronger-than-expected fuel use in North America and Asia, the International Energy Agency said. http://www.ibtimes.com/articles/20090910/iea-sees-higher-global-oil-use-as-economy-steadies.htm Thu, 10 Sep 2009 07:40:01 EDT The world should widen a fight against global warming by curbing a string of pollutants other than carbon dioxide, the main greenhouse gas, the U.N. Environment Programme said on Friday. http://www.ibtimes.com/articles/20090904/widen-global-warming-fight-beyond-co2-un.htm Fri, 04 Sep 2009 16:08:40 EDT Global rules on trade and investment in energy and energy services are needed urgently ahead of negotiations on a convention on climate change in Copenhagen this year, an industry body said on Tuesday. http://www.ibtimes.com/articles/20090901/lobby-group-calls-global-rules-on-energy-trade.htm Tue, 01 Sep 2009 13:18:08 EDT The latest macroeconomic news from the United States, other advanced economies, and emerging markets confirms that the global economy will face a severe recession in 2009. In the US, recession started in December 2007, and will last at least until December 2009 � the longest and deepest US recession since World War II, with the cumulative fall in GDP possibly exceeding 5%. http://www.ibtimes.com/articles/20090112/has-global-stag-deflation-arrived.htm Mon, 12 Jan 2009 16:09:26 EST The U.S. dollar slipped and world stocks rallied in their biggest single-day gain in three months on Tuesday after a Citigroup memo saying the troubled bank made a profit in January and February fuelled the appetite for risk. http://www.ibtimes.com/articles/20090310/global-stocks-citi.htm Tue, 10 Mar 2009 21:03:38 EDT