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S&P upgrades Rio Tinto, flag well-placed for M&A
– reuters.com
Standard and Poor’s has raised its credit rating of global miner Rio Tinto for the first time since 2011 on the back of strong financial results and said the global miner could easily fund a big acquisition. Silvia Antonioli reports
Snapchat beating Instagram to younger eyeballs
– reuters.com
Snapchat may still have fewer users than its bigger competitor Instagram, but it’s still getting the ad dollars thanks to being the more popular app among people under 25.
Gucci helps Kering to fashion strong sales growth
– reuters.com
Gucci-owner Kering posts better-than-expected sales growth in the fourth quarter and said 2018 should be another solid year as the French group refocuses its business solely on luxury. Laura Frykberg reports
India looks to low-cost solutions to combat climate change
– http://www.cnn.com/
The cool roofs initiative is a simple solution with the potential to save lives and protect those most vulnerable from the harmful effects of climate change in Ahmedabad, India. It is part of the city’s heat action plan to reduce the number of heat related deaths.
Trump scraps GOP quest to balance the U.S. budget
– reuters.com
President Donald Trump’s proposed budget calls for sharp increases in military spending and cuts in domestic programs, but abandons a long-standing Republican pledge to seek a balanced federal budget. .
American Fertility Is Falling Short of What Women Want
– http://www.nytimes.com/
Forecasts show many millennial women won’t fulfill their wishes on family size, and the biggest fertility declines are in Western states.
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