COP27 delivers climate fund breakthrough at cost of progress on emissions

COP27 delivers climate fund breakthrough at cost of progress on emissions

COP27 climate summit ends after marathon weekend negotiations Final deal delivers on creating historic climate finance fund Negotiators say some blocked tighter emissions targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries closed this year’s UN climate summit on Sunday with a hard-fought deal to create a fund to help poor countries being battered by … Read more

COP27 nears breakthrough on climate finance in scramble for final deal

COP27 nears breakthrough on climate finance in scramble for final deal

Countries studying details of new draft agreement Delegates herald possible breakthrough on loss and damage US proposes “phase out” of fossil fuels Some nations want firmer goals on long-term action SHARM EL-SHEIKH, Egypt, Nov 19 (Reuters) – Negotiators at the COP27 climate summit in Egypt neared a breakthrough deal on Saturday for a fund to … Read more

Ukraine may get access to missile blast site – Polish officials

Ukraine may get access to missile blast site - Polish officials

PRZEWODOW, Poland/WARSAW, Nov 17 (Reuters) – Ukraine may get the access it has demanded to the site in the border area of ​​southeastern Poland where a missile killed two people on Tuesday, Polish officials said on Thursday. Warsaw and its Western allies say evidence from the scene points to the explosion being caused by a … Read more

At COP27, climate change framed as battle for survival

At COP27, climate change framed as battle for survival

China, United States have leading role Guterres seeks coal phase-out by 2040 UAE, host of 2023 talks, says will keep producing fossil fuel SHARM EL-SHEIKH, Egypt, Nov 7 (Reuters) – World leaders and diplomats framed the fight against global warming as a battle for human survival during opening speeches at the COP27 climate summit in … Read more

Buffett’s Berkshire loses money as stocks, Hurricane Ian offset rising demand

Buffett's Berkshire loses money as stocks, Hurricane Ian offset rising demand

Nov 5 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate’s businesses. Operating profit nevertheless rose by 20%, topping analyst forecasts. Berkshire benefited from increased demand and prices … Read more

Ukrainian grain ship heads through safe waters, but economy is still in doldrums

Ukrainian grain ship heads through safe waters, but economy is still in doldrums

Grain-carrying ship from Ukraine inspected in Turkey Ship, headed for Lebanon, transits Bosphorus Shipment is first of kind to leave Ukraine in wartime But Ukrainian leader says much more is needed Kyiv urgently needs to ship 10 mln tons to cut deficit KYIV/ISTANBUL, Aug 3 (Reuters) – Ukrainian President Volodymr Zelenskiy dismissed the importance of … Read more

US targets Chinese, UAE firms in new Iran oil sanctions

US targets Chinese, UAE firms in new Iran oil sanctions

Model of petrol pump is seen in front of US and Iran flag colors in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 2 (Reuters) – The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens … Read more

US says Russia using ‘nuclear shield’ in Ukraine, risks terrible accident

US says Russia using 'nuclear shield' in Ukraine, risks terrible accident

US says Russia using “nuclear shield” First grain ship leaves Ukraine Ukraine says 22,000 Russian troops ready southern advance Foreign fighters enter Luhansk, says governor Ukraine says recaptures 50 towns in Kherson UNITED NATIONS/KYIV, Aug 2 (Reuters) – The United States has accused Russia of using Ukraine’s biggest nuclear power plant as a “nuclear shield” … Read more

Shell smashes record again with $11.5 bln profit

Shell smashes record again with $11.5 bln profit

General view of a Shell petrol station sign in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register Shell announced $6 bln buyback program Refining margins triple in second quarter Strong gas and power trading lift profits LONDON, July 28 (Reuters) – … Read more

Russia cuts gas flows further as Europe urges energy saving

Russia cuts gas flows further as Europe urges energy saving

Pipes at the landfall facilities of the Nord Stream 1 gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/ Register now for FREE unlimited access to Reuters.com Register FRANKFURT/LONDON, July 27 (Reuters) – Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and … Read more