EXCLUSIVE US seeks allies as split emerges over global plastics pollution treaty

WASHINGTON DC, Sept 27 (Reuters) – The United States is seeking to form a coalition of countries to drive negotiations on a global plastic pollution treaty, weeks after a similar group involving several other G7 nations was launched, according to a document seen by Reuters . The move underlines its desire to keep the treaty’s … Read more

Morning Bid: Eye of the storm

Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in US and global markets from Mike Dolan. As Hurricane Ian raged and set its sights on Cuba and Florida, a global financial storm in bond and currency markets calmed moderately – though likely only temporarily. Ian strengthened into a … Read more

Explainer: How climate change is fueling hurricanes

Sept 24 (Reuters) – After a quiet start to the season, Hurricane Fiona slammed into Puerto Rico and then battered the Dominican Republic, leaving more than 1 million people without running water or power. By Saturday the storm had hit Canada’s east coast, knocking out power to hundreds of thousands of homes and businesses. While … Read more

World Bank’s Malpass faces calls to resign after climate change doubts

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 21 (Reuters) – World Bank President David Malpass came under heavy criticism on Wednesday after he declined to say whether he accepts the scientific consensus on global warming, rekindling concerns about the bank’s lack of a deadline to stop funding fossil fuels. Malpass appeared … Read more

Storm Fiona hammers east Canada coast, knocks out power to many

Francis Bruhm, Project Manager for general contractor G&R Kelly, places sandbags around the doors of the Nova Scotia Power building before the arrival of Hurricane Fiona in Halifax, Nova Scotia, Canada September 23, 2022. REUTERS/Ingrid Bulmer/File Photo Register now for FREE unlimited access to Reuters.com Register HALIFAX, Nova Scotia, Sept 24 (Reuters) – Powerful storm … Read more

Stocks slump to 2-year low as rates reality bites

A man is silhouetted in front of a board displaying the Japanese yen exchange rate against the US dollar outside a brokerage, after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen, in Tokyo, Japan September 22, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access … Read more

At UN, Micronesia denounces Japan plan to release Fukushima water into Pacific

A worker, wearing protective suits and masks, takes notes in front of storage tanks for radioactive water at Tokyo Electric Power Co’s (TEPCO) tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima prefecture, Japan February 10, 2016. REUTERS/ toru hanai Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept 22 (Reuters) … Read more

Analysis: Amid tense Brazil election, Petrobras emerges as surprise market darling

Register now for FREE unlimited access to Reuters.com Register RIO DE JANEIRO, Sept 22 (Reuters) – Brazil’s state-run oil company Petrobras (PETR4.SA) has spent much of 2022 in turmoil, cycling through four chief executives as President Jair Bolsonaro hammered the company to bring down fuel prices. Faced with that and the likely return of a … Read more

Asian stocks sink, yields rise as markets brace for aggressive Fed

Visitors walk past Japan’s Nikkei stock prices quotation board inside a conference hall in Tokyo, Japan September 14, 2022. REUTERS/Issei Kato/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, Sept 21 (Reuters) – Stocks in Asia sank and bond yields were elevated on Wednesday, as investors braced for another aggressive interest rate … Read more

Troubled South African tailings dam had history of high water levels

Register now for FREE unlimited access to Reuters.com Register Tailings dam was shut in 2020 due to excess water Operations were cleared to resume in 2021 – official President says govt investigating dam burst De Beers sold historic mine assets in 2010 Sept 12 (Reuters) – South African authorities shut down the Jagersfontein diamond tailings … Read more