Facing calls to resign, World Bank’s Malpass changes answer on climate crisis

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – Under pressure to resign for declining to say whether he accepts the scientific consensus on global warming, World Bank President David Malpass said on Thursday it was clear greenhouse emissions are causing climate change and defended his record as bank chief … Read more

Once-bitten markets are ignoring Putin’s warnings again at their own peril

Russian President Vladimir Putin delivers a speech during an event marking the 100th foundation anniversary of the republics of Adygea, Kabardino-Balkaria and Karachay-Cherkessia in Moscow, Russia, September 20, 2022. Sputnik/Grigory Sysoev/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Earlier this year, markets were complacent as Russia … Read more

Trump may be called to testify at ally’s foreign agent trial, judge says

Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 19 (Reuters) – Former President Donald Trump may be called as a witness at the criminal trial of Thomas Barrack, a private equity investor and former Trump fundraiser charged with acting as an unregistered agent for the United Arab Emirates, a US judge … Read more

Hungary extends energy and food price caps amid soaring inflation

A driver fills a car at an Envi petrol station in Budakalasz, Hungary, June 13, 2022. Picture taken June 13, 2022. REUTERS/Bernadett Szabo Register now for FREE unlimited access to Reuters.com Register BUDAPEST, Sept 17 (Reuters) – Hungary has extended price caps on fuels and basic foodstuff by three months until the end of the … Read more

Bank holdups snowball in Lebanon as depositors demand their own money

Register now for FREE unlimited access to Reuters.com Register Five more depositors hold up banks to access their money Depositors cash out $60,000, only some in custody Banks announced three-day closure on security concerns Frustration over frozen savings, spiraling crisis BEIRUT, Sept 16 (Reuters) – Five Lebanese banks were held up by depositors seeking access … Read more

Wall St Week Ahead: As markets churn, investors hide in cash despite surging inflation

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, US December 28, 2016. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 16 (Reuters) – A tough year in markets is leading some investors to seek refuge in cash, … Read more

Russian billionaire sues French customs for seizing his yachts

Alexey Kuzmichev, chairman of Russian investment company A1 advisory committee, attends a news conference in Moscow April 3, 2013. REUTERS/Sergei Karpukhin/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register PARIS, Sept 15 (Reuters) – A Russian billionaire is suing French authorities in an effort to win back access to two of his … Read more

Exclusive: Medical journals broaden inquiry into potential heart research misconduct

WASHINGTON, Sept 13 (Reuters) – Three medical journals recently launched independent investigations of possible data manipulation in heart studies led by Temple University researchers, Reuters has learned, adding new scrutiny to a misconduct inquiry by the university and the US government. The Journal of Molecular and Cellular Cardiology and the Journal of Biological Chemistry are … Read more

Traffic, water shortages, now floods: the slow death of India’s tech hub?

Much of Bengaluru submerged in recent flooding Residents forced to wade through waist-deep water Disruptions raise questions about city’s future as tech hub Authorities vow to act, but extreme weather may complicate plans BENGALURU, Sept 15 (Reuters) – Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds of Yemalur, … Read more

Investors with $39 trillion urge governments to plan fossil fuel phase out

Register now for FREE unlimited access to Reuters.com Register Summary Companies law firms Group pushes for more action ahead of COP27 Group of 532 investors back statement on climate change BlackRock, State Street, Vanguard opt not to sign BOSTON/LONDON, Sept 13 (Reuters) – Investors managing $39 trillion have called on governments to raise their climate … Read more