Free Republic

The head of the UN's climate change panel - Dr Rajendra Pachauri - is accused of making a fortune from his links with 'carbon trading' companies, Christopher Booker and Richard North write. No one in the world exercised more influence on the events leading up to the Copenhagen conference on global warming than Dr Rajendra Pachauri, chairman of the UN’s Intergovernmental Panel on Climate Change (IPCC) and mastermind of its latest report in 2007. Although Dr Pachauri is often presented as a scientist (he was even once described by the BBC as “the world’s top climate scientist”), as a former...

London: It’s a neck-and-neck battle between Indian steel giant Tata and its Brazilian counterpart and steel conglomerate CSN as both have run into stiff competition over bidding for acquisition of Corus. Right after Tata Steel revised its bid of 500 pence a share for Corus, Brazilian steel firm CSN offered a counter price of 515 pence per share for acquiring Corus, higher than what Tata Steel had offered in its revised bid on Monday. A delighted Corus Chairman Jim Leng said, "The combination of the two businesses will create a strong platform from which to compete and grow and consistent...