By Mark John – The extra amount the world must spend each year to create a “net-zero” emissions economy is equivalent to half all profits currently generated by companies globally, …
Reuters
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- Featured NewsUS and World News
Three U.S. states, D.C. sue Google over location-tracking
by Reutersby ReutersBy David Shepardson and Doina Chiacu WASHINGTON -Texas, Indiana, Washington State and the District of Columbia sued Alphabet Inc’s Google on Monday over what they called deceptive location-tracking practices that …
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By Elaine Lies and Ju-min Park TOKYO – The operator of Japan’s crippled Fukushima nuclear power plant said this month that two storage tanks had leaked about four tonnes of …
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By Andy Bruce and William Schomberg LONDON -Britain’s government looks firmly on track to borrow less this tax year than forecast but surging inflation will soon curb any leeway for …
- Business News
Asset owners pledge to at least halve portfolio emissions by 2030
by Reutersby ReutersBy Simon Jessop LONDON – A group of the world’s largest asset owners managing $10.4 trillion said on Tuesday they would step up their response to climate change and aimed …
- US and World News
Face time: ‘Solemn’ Hong Kong leader ditches mask to show how she feels about COVID
by Reutersby ReutersBy Marius Zaharia and Donny Kwok HONG KONG -Hong Kong leader Carrie Lam on Tuesday defended herself against criticism for not wearing a mask at newsconferences, saying it was so …
- Business News
China says 2021 fiscal revenues rise 10.7% y/y, boosted by economic recovery
by Reutersby ReutersBEIJING -China’s fiscal revenues rose 10.7% in 2021 from a year earlier, bolstered by last year’s economic recovery, Vice Finance Minister Xu Hongcai said on Tuesday, as the government makes …
- US and World News
Moody’s expects Tesla to stay at EV leader spot, upgrades to ‘Ba1’
by Reutersby Reuters-Moody’s upgraded Tesla Inc’s debt rating by two notches to “Ba1” from “Ba3” on Monday, reflecting the ratings agency’s expectations that the Elon Musk-led company will maintain its position as …
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A look at the day ahead from Sujata Rao. Bears are on the prowl in markets while a different sort menaces Europe’s eastern flank. It’s probably futile to expect the …
- US and World News
Analysis-After explosion in costs, central Europe’s factories are passing on the pain
by Reutersby ReutersBy Jason Hovet and Krisztina Than PRAGUE/BUDAPEST – Czech foundry Benes a Lat has seen its energy bill double in the past year and its finance director is racing to …
- US and World News
German firms fear supply chain pain from China’s battle with Omicron
by Reutersby ReutersBy Christian Kraemer BERLIN – German companies doing business in China are worried the Omicron coronavirus variant will trigger more strict lockdown measures from Beijing that could exacerbate supply chain …
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ZURICH -Swiss watchmaker Swatch Group said it expected double-digit sales growth in local currencies this year after sales and profits recovered in 2021. It rebounded with a net profit of …
- Health and WellnessUS and World News
Do not assume COVID pandemic reaching ‘end game’, warns WHO
by Reutersby ReutersBy Emma Farge and Mrinalika Roy GENEVA – The head of the World Health Organization (WHO) warned on Monday that it was dangerous to assume the Omicron variant would herald …
- Business News
Major African central banks expected to hold rates this month: Reuters poll
by Reutersby ReutersBy Vuyani Ndaba JOHANNESBURG – Major central banks in sub-Saharan Africa will leave interest rates unchanged in coming days, starting with Nigeria and Kenya, and followed by Ghana at the …
- US and World News
Bain, CRC among bidders for parts of UniCredit’s leasing unit – sources
by Reutersby ReutersBy Valentina Za MILAN -UniCredit is weighing around five non-binding offers for parts of its leasing operations, two people close to the matter said, as CEO Andrea Orcel focuses on …
- US and World News
U.S. orders departure of Ukraine embassy staff family members
by Reutersby ReutersBy David Shepardson and Costas Pitas WASHINGTON -The United States on Sunday ordered the departure of family members of staff at its embassy in Ukraine, citing the continuing threat of …
- US and World News
Exclusive-Chinese fashion retailer SHEIN revives plan for New York listing in 2022-sources
by Reutersby ReutersBy Kane Wu, Fanny Potkin and Scott Murdoch HONG KONG/SINGAPORE – Chinese fashion retailer SHEIN is reviving plans to list in New York this year and its founder is considering …
- US and World News
Australia marks two years since first COVID case with another high death count
by Reutersby ReutersSYDNEY – Australia on Tuesday recorded one of its highest number of deaths in a day from COVID-19 as an outbreak of the highly-infections Omicron variant tore through the country …
- US and World News
THE CRYPTOVERSE-Teenage bitcoin throws an interest rate tantrum
by Reutersby ReutersBy Lisa Pauline Mattackal and Medha Singh – Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset …
- Business News
In surprise move, Singapore tightens monetary policy on inflation risks
by Reutersby ReutersBy Aradhana Aravindan and Anshuman Daga SINGAPORE – Singapore’s central bank tightened its monetary policy settings on Tuesday in its first out-of-cycle move in seven years, as global supply constraints …
- US and World News
Analysis-Volatile markets, Fed uncertainty add to U.S. dip buyers’ risks
by Reutersby ReutersBy Saqib Iqbal Ahmed, Maiya Keidan and David Randall NEW YORK – Wild swings in stocks are testing the resolve of investors employing one of Wall Street’s most popular strategies: …
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By Krishna N. Das and Aftab Ahmed RAJPURA, India – Srijan Upadhyay supplied fried snacks to small eateries and roadside stalls in the poor eastern Indian state of Bihar before …
- US and World News
Burkina Faso army deposes president in West Africa’s latest coup
by Reutersby ReutersBy Thiam Ndiaga OUAGADOUGOU – Burkina Faso’s army said on Monday it had ousted President Roch Kabore, suspended the constitution, dissolved the government and the national assembly, and closed the …
- US and World News
NASA’s new space telescope reaches destination in solar orbit
by Reutersby ReutersBy Steve Gorman -NASA’s James Webb Space Telescope, designed to give the world an unprecedented glimpse of infant galaxies in the early stages of the universe, arrived at its gravitational …
- US and World News
Walmart’s Mexico unit considers ‘strategic alternatives’ in Central America
by Reutersby ReutersMEXICO CITY -Walmart’s Mexico unit said on Monday it is considering “strategic alternatives” to its operations in Central America, including a sale or joint venture, a move analysts said would …