Category Archives:
Inflation genie out of the bottle: Five questions for the ECB
By Dhara Ranasinghe and Saikat Chatterjee LONDON (Reuters) - The inflation genie is finally out of its bottle. Now investors are waiting to see whether the European Central Bank on Thursday admits tha...
Oct 25, 2021
Carbon needs to cost at least $100/tonne now to reach net zero by 2050 : Reuters poll
By Prerana Bhat BENGALURU (Reuters) - Setting the global average price of carbon per tonne significantly higher at $100 or more is necessary right away to incentivise net zero emissions by 2050, accor...
Oct 25, 2021
Shipping drifts off net-zero course without carbon levy -study
By Stine Jacobsen COPENHAGEN (Reuters) - The global shipping industry is on course to see its greenhouse gas emissions rise by around a fifth by 2050 if action including introducing a carbon levy on f...
Oct 25, 2021
Explainer-Climate change: what are the economic stakes?
By Mark John COP26 climate talks in Glasgow starting next Sunday may be the world's best last chance to cap global warming at the 1.5-2 degrees Celsius upper limit set out in the 2015 Paris Agreement....
Oct 25, 2021
Climate inaction costlier than net zero transition – economists
By Swathi Nair BENGALURU (Reuters) - Hitting the Paris Agreement goal of net-zero carbon emissions will require investments in a green transition worth 2%-3% of world output each year until 2050, far ...
Oct 25, 2021
Canada boosts U.S. natgas exports, drills more as global prices surge
By Nia Williams and Scott DiSavino CALGARY, Alberta/NEW YORK (Reuters) - Demand has jumped for relatively cheap Canadian natural gas, driving exports to the United States to three-year highs and promp...
Oct 25, 2021
With corporate tax off table, U.S. Democrats turn to billionaires to fund spending bill
By Jarrett Renshaw (Reuters) - U.S. Democrats are expected to unveil a tax plan on Monday that would seek to raise hundreds of billions of dollars from the country's roughly 700 billionaires to help p...
Oct 25, 2021
Twin peaks: Whether it’s supply or demand, oil era heads for crunch time
By Noah Browning (Reuters) - Energy transition and peak demand predictions have spooked investors in oil, putting the prospect of peak production sooner than anticipated accompanied by wild price spik...
Oct 25, 2021
Police investigate network outage at South Korean telco KT
By Sangmi Cha SEOUL (Reuters) - South Korean police said they are investigating a suspected cyber attack which crippled the network of telecom service provider KT Corp on Monday. The suspected distrib...
Oct 24, 2021
HSBC Q3 profit up 74%, beats estimates, announces up to $2bln buyback
SINGAPORE/LONDON (Reuters) - HSBC Holdings reported a 74% rise in third quarter profit, beating market expectations, as the Asia-focussed bank released cash set aside for expected bad loans that have ...
Oct 24, 2021
Peoria, IL, USA
41 °F Overcast
