Category Archives:
Africa losing up to 15% of GDP growth to climate change – AfDB
JOHANNESBURG (Reuters) - Africa is losing 5% to 15% of its per capita economic growth due the effects of climate change and is facing a gaping climate finance shortfall, according to the African Devel...
Sep 13, 2022
China tells banks to report exposure to Fosun – Bloomberg News
(Reuters) - Chinese regulators have told the country's biggest banks and state-owned firms to start a round of checks on their financial exposure to Chinese conglomerate Fosun International Ltd, Bloom...
Sep 13, 2022
German investor morale slips on energy supply fears – ZEW
BERLIN (Reuters) -German investor sentiment fell further than expected in September as concerns over the country's energy supply increasingly weigh on the outlook for Europe's largest economy. The ZEW...
Sep 13, 2022
Analysts cut 12-month earnings forecasts for Asian corporates on lower manufacturing
(Reuters) - Analysts have cut their 12-month earnings forecasts for Asian companies over the past month, undermined by a dip in manufacturing activity and concerns over a drop in shipments, especially...
Sep 13, 2022
German industry’s expectations gloomy on possible energy shortage – ZEW
BERLIN (Reuters) - The prospect of energy shortages in winter has made the expectations of large parts of the German industry even more negative, said the ZEW economic research institute on Tuesday. "...
Sep 13, 2022
DuckDuckGo, Mozilla and others support Klobuchar bill in rein in big tech
WASHINGTON (Reuters) - A group of 13 companies urged the U.S. Congress on Tuesday to approve a bill that would rein in giant tech companies like Alphabet's Google and Meta's Facebook. DuckDuckGo, Mozi...
Sep 13, 2022
Fuel markets to stay tight till mid-2020s as refining shrinks
By Ahmad Ghaddar LONDON (Reuters) - Crude oil refining capacity has shrunk by a record 3.8 million barrels per day from March 2020 to mid-2022 as demand expanded, setting the stage for fuel markets to...
Sep 13, 2022
Biden to tout climate change, prescription drugs law at White House event
By Jeff Mason WASHINGTON (Reuters) - President Joe Biden will celebrate his climate change and drug pricing law, The Inflation Reduction Act, on Tuesday with an event at the White House to highlight D...
Sep 13, 2022
Bank of America moves some of its Russia-based bankers to Dubai – sources
By Hadeel Al Sayegh DUBAI (Reuters) - Bank of America (BofA) is moving some of its Russia-based bankers to Dubai, two sources told Reuters, following a move by several Western banks this year to reloc...
Sep 13, 2022
South Africa close to producing plan for Western climate aid despite hurdles
By Tim Cocks JOHANNESBURG (Reuters) - South African ministers will meet in the coming days to discuss an investment plan for billions of dollars pledged by rich nations for a transition to green energ...
Sep 13, 2022
Peoria, IL, USA
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