California’s electric vehicle (EV) agenda will require costly upgrades to the state’s grid infrastructure if it is to be realized, according to a new study published in the scientific journal Proceedings of…
By Natalie Grover LONDON (Reuters) – Since the pandemic emerged, more top drugmakers have made progress in improving access to medicines in the developing world, but those gains are largely limited to…
The Floodgates Just Opened For A Red Tsunami, Analysis Finds Laurel Duggan on October 25, 2022 Republicans could win another 12 to 25 seats in the House of Representatives in a massive…
By William Schomberg LONDON (Reuters) – Newly confirmed finance minister Jeremy Hunt must keep investors calm about Britain’s debt mountain, avoid causing a deep recession and work out a way to stop…
The West’s Plan To Throttle Russia Could Be Doomed For Failure, Analysis Finds Micaela Burrow on October 21, 2022 Russia may be able to call up enough of its own fleet of…
By Ellen Zhang and Ryan Woo BEIJING (Reuters) – By any account, $1 trillion seems huge. That’s the scale of budget shortfalls facing Chinese provinces, reducing their fiscal firepower to fund infrastructure…
High Oil Prices Exacerbated By OPEC+ Cuts Could Push Global Market Into Recession, Analysis Warns Jack McEvoy on October 13, 2022 High oil prices that will be pushed up further by…
By Dhara Ranasinghe and Harry Robertson LONDON (Reuters) – Bank of England Governor Andrew Bailey has been unequivocal: the central bank will end emergency support for bonds on Friday. Yet with markets…
The Benefits Of Biden’s Student Loan Forgiveness Will Overwhelmingly Go To Wealthier Americans, Analysis Finds Bronson Winslow on October 3, 2022 President Joe Biden’s student loan forgiveness plan will largely help…
By Rajendra Jadhav, Mei Mei Chu and Bernadette Christina MUMBAI/KUALA LUMPUR/JAKARTA (Reuters) – Farmers across Asia are busy planting trees to boost palm oil production but nurseries are struggling to keep up…
By Gloria Dickie ABERGWYNGREGYN, Wales (Reuters) – Plant scientist Felicity Hayes checks on her crops inside one of eight tiny domed greenhouses set against the Welsh hills. The potted pigeon pea and…
By Arshad Mohammed WASHINGTON (Reuters) – The United States and Iran have found a way to address the U.N. nuclear watchdog’s investigations of Tehran’s atomic program that allows both to claim victory…
By Lamine Chikhi ALGIERS (Reuters) – Europe’s attempts to wean itself off Russian gas have given Algeria a shot in the arm. Flush with energy revenues after Russia’s invasion of Ukraine sent…
By Marta Orosz and Tom Sims FRANKFURT (Reuters) – German chancellor Olaf Scholz faces lawmakers’ questions this week over his role in tackling a multibillion-euro tax fraud as a sprawling probe into…
By Michelle Nichols and Emma Farge UNITED NATIONS/GENEVA (Reuters) – On a June night under the chandeliers of Russia’s United Nations mission in New York, dozens of U.N. ambassadors from Africa, the…
By Arshad Mohammed and Parisa Hafezi WASHINGTON/DUBAI – Whether or not Tehran and Washington accept a European Union “final” offer to revive the 2015 Iran nuclear deal, neither is likely to declare…
By Davide Barbuscia NEW YORK – A roaring rebound in U.S. corporate bonds is being met with skepticism by some investors, who believe the gains may be short-lived as recession fears dampen…
By Gertrude Chavez-Dreyfuss NEW YORK – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks that could squeeze their…
By Dave Graham MEXICO CITY – A potentially costly U.S.-led complaint against Mexico’s energy policy has stirred considerable concern inside the Mexican government in spite of President Andres Manuel Lopez Obrador’s defiant…
By Joyce Lee SEOUL – For years, a separate class of South Korean shipyard workers – hired through contractors – say they endured wages barely one-third regular workers’, got no paid sick…
By Lewis Krauskopf NEW YORK – The prospect of a U.S. recession could mean more pain for battered stocks, despite a recent rebound that has taken the benchmark index to its highest…
By Marco Aquino LIMA – Peruvian mining executives who oversee some of the world’s largest copper mines are losing whatever slim thread of faith they may have had in left-wing President Pedro…
By Francesco Canepa and Giselda Vagnoni FRANKFURT/ROME – The European Central Bank seems almost certain to face a test of its resolve to rein in excessive bond yields in coming weeks as…
By Tarek Amara and Angus McDowall TUNIS – By ramming through his new constitution, President Kais Saied has cemented his role as master of Tunisia, heralding a new political era after a…
By Trevor Hunnicutt WASHINGTON – Ahead of a crucial midterm election, U.S. President Joe Biden is leaning heavily on one man, moderate Republican and Federal Reserve Chair Jerome Powell, to tackle the…
By Clare Jim HONG KONG – A revolt by Chinese homebuyers, who have threatened to stop paying mortgages on hundreds of unfinished housing projects, is spurring a shakeout among cash-starved property developers…