Storm Fiona hammers Canada’s east coast; thousands without power

Register now for FREE unlimited access to Reuters.com Register HALIFAX, Nova Scotia, Sept 24 (Reuters) – Powerful storm Fiona slammed into eastern Canada on Saturday with hurricane-force winds, blowing over trees and powerlines and leaving hundreds of thousands of homes and businesses without electricity. The US National Hurricane Center (NHC) said the center of the … Read more

Explainer: When EU embargo comes, where will Russia sell its crude oil?

Models of oil barrels are seen in front of the displayed sign “stop”, EU and Russia flag colors in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register MOSCOW, Sept 23 (Reuters) – Russia has ramped up oil shipments to Asia since Europe imposed sweeping sanctions, but … Read more

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

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

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

EU plans to upgrade its Paris Agreement climate target – document

Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 19 (Reuters) – The European Union plans to raise its target to tackle global warming under the Paris climate agreement, although the upgrade is unlikely to happen in time for this year’s UN climate summit, according to a draft document seen by Reuters . … Read more

Morning Bid: Craving down for a new phase in the inflation fight

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, September 13, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in US and global markets from Dhara Ranasinghe. An action-packed week for central banks around the … Read more

Hurricane Fiona makes landfall on Puerto Rico, knocking out power to island

Register now for FREE unlimited access to Reuters.com Register SAN JUAN, Puerto Rico, Sept 18 (Reuters) – The entire island of Puerto Rico was without power on Sunday as Hurricane Fiona made landfall causing severe flooding and landslides before barreling toward the Dominican Republic, a government agency said. The center of the storm made landfall … 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

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