(This April 18 story has been corrected to rectify Scottish Widows’ description to asset owner, not manager, in paragraph 6) MELBOURNE (Reuters) – Global miner Glencore faces increased pressure to clarify how it will manage its climate change commitments after investors holding more than $500 billion in assets backed a shareholder resolution to be voted …
Investors pile climate pressure on Glencore ahead of May AGM Read More »
TOKYO (Reuters) – Japan’s manufacturing activity shrank at the slowest pace in six months in April on a softer decline in sales, while the service-sector stayed solid, a preliminary survey showed on Friday, suggesting a patchy post-COVID economic recovery. The au Jibun Bank flash Japan manufacturing purchasing managers’ index (PMI) rose to a seasonally adjusted …
Japan’s factory activity shrinks at slowest pace in six months – PMI Read More »
WASHINGTON (Reuters) -Two dozen arms control advocates have urged President Joe Biden to use next month’s G7 summit in Hiroshima, which was hit by the first U.S. atomic bombing of World War Two, to reaffirm a U.S. commitment to nuclear disarmament and readiness for arms control talks with Russia and China. The advocates, including several …
Biden urged to deliver ‘historic’ arms control speech at G7 summit in Japan Read More »
TOKYO (Reuters) – Japan’s greenhouse gas emissions rose 2.0% in the year through March 2022, the first increase in eight years, government data showed on Friday, as industrial activity picked up from the COVID-19 pandemic-induced slump. Emissions for the 2021/22 financial year climbed to the equivalent of 1.17 billion metric tonnes of carbon dioxide from …
Japan’s greenhouse gas emissions rose 2% in FY21/22 as economy recovered Read More »
By Doyinsola Oladipo (Reuters) – The California attorney general and the attorneys general of 17 other states on Thursday asked a federal regulator to recall Hyundai and Kia vehicles, saying they are more likely to be stolen because they lack safety features that are standard in other cars. Hyundai Motor Co and Kia Corp vehicles …
California, other states seek recall of Hyundai, Kia vehicles over theft Read More »
By Suban Abdulla LONDON (Reuters) – British consumers were their most upbeat in more than a year this month, despite the surging cost of living, as they took a more positive view of their finances and the health of the wider economy, market research firm GfK said on Friday. GfK’s Consumer Confidence Index rose for …
UK consumer confidence highest since Feb 2022 as ‘green shoots’ emerge: GfK Read More »
By Lucy Craymer WELLINGTON (Reuters) – British Foreign Minister James Cleverly will leave New Zealand Friday and cut his Pacific tour short, a spokesperson for New Zealand’s Department of Internal Affairs said, as he focuses on coordinating Britain’s response to the Sudan crisis. Cleverly had been scheduled to meet with Samoan officials and New Zealand …
Britain’s Cleverly leaves New Zealand early to focus on Sudan response Read More »
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the U.S. central bank will have to do more on the policy front to get still high inflation pressures back down to the 2% target. “Some additional tightening may be needed to ensure policy is restrictive enough …
Fed’s Harker sees more central bank action to quash inflation pressures Read More »
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The U.S. seeks “constructive and fair” economic ties with China, but will protect its national security interests and push back against Chinese actions to dominate foreign competitors, Treasury Secretary Janet Yellen said on Thursday. Speaking at Johns Hopkins University’s School of Advanced International Studies, Yellen laid out …
Yellen says US seeks ‘healthy competition’ with China, eyes Beijing trip Read More »
KAMPALA (Reuters) -Ugandan President Yoweri Museveni supports a bill containing some of the world’s harshest anti-LGBTQ legislation but will send it back to parliament for “strengthening”, the ruling party’s chief whip said. A group of lawmakers from Museveni’s National Resistance Movement (NRM) discussed the bill with the president and agreed in principle to make it …
Uganda’s president sends anti-LGBTQ bill back to parliament for ‘strengthening’ Read More »
