Big money to respond to climate change is key to UN talks in Baku. How can nations raise it?

BAKU, Azerbaijan — Just as a simple lever can move heavy objects, rich nations are hoping another kind of leverage — the financial sort — can help them come up with the money that poorer nations need to cope with climate change. It involves a complex package of grants, loans and private investment, and it’s…

‘Betrayed’ farmers take Budget protest to London

Getty Images The National Farmers’ Union (NFU) has accused the government of “betrayal” as thousands prepare to gather in London for a rally against the planned changes to inheritance tax rules for farms. “To launch a policy this destructive without speaking to anyone involved in farming beggars belief,” NFU president Tom Bradshaw will say in…

Stock market today: Asian shares gain after Wall St regains its stride

BANGKOK — Asian shares advanced Tuesday after most U.S. stocks ticked higher to recover some of their swoon from last week. Oil prices fell and U.S. futures edged higher. Tokyo’s Nikkei 225 rose 0.5% to 38,414.43 and the Kospi in Seoul was up 0.1% to 2,471.95. Chinese shares rebounded from early losses. They have wavered…

Ford shares drop as supply snags and costs hurt profit forecast 

Business & Finance 29 October 2024, 6:13 am 1 minute Reuters was nearly a minute ahead on Ford lowering its annual profit guidance, blaming supplier disruptions and warranty costs amid a global price war fueled by overcapacity. The news sent the automaker’s shares skidding 5% after-market on Monday, and as much as 6% premarket on…

Chevron beats quarterly profit expectations on higher oil output 

Business & FinanceCommoditiesEnergy 01 November 2024, 2:07 pm 1 minute Reuters was nearly 17 minutes ahead when Chevron released its third-quarter earnings, beating Wall Street expectations. The results sent the oil major’s shares up almost 4%.  Article Tags Topics of Interest: Business & FinanceCommoditiesEnergy Type: Reuters Best Sectors: Business & FinanceCommodities & Energy Regions: Americas…

Ambani’s Reliance Jio IPO set for 2025, retail debut much later 

04 November 2024, 1:52 pm 1 minute Reuters was first to report that Indian billionaire Mukesh Ambani is targeting a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, but plans to launch his retail unit’s IPO much later. The story shed light on the plans of Asia’s richest…

Warner Bros Discovery CEO sees more industry deals under Trump 

Business & FinanceDeals 08 November 2024, 12:18 pm 1 minute Reuters was 32 seconds ahead of the competition when Warner Bros Discovery reported a surprise profit that sent the media giant’s shares soaring more than 11%.  Article Tags Topics of Interest: Business & FinanceDeals Type: Reuters Best Sectors: Business & FinanceMergers & Acquisition Regions: Americas…

Commerzbank considers buying domestic rival in UniCredit defence plan 

12 November 2024, 11:48 am 1 minute Commerzbank is weighing the acquisition of a mid-sized German bank as part of its strategy to fend off a possible takeover by Italy’s UniCredit, three people with knowledge of the matter told Reuters. The deliberations of an acquisition are at an early stage and possible targets could include…

US scrutinizes Russia accounts UBS took over from Credit Suisse

13 November 2024, 10:40 am 1 minute The United States is pursuing an inquiry into Russian clients that UBS took on when it bought Credit Suisse, three people familiar with the matter told Reuters, heightening scrutiny of one of the world’s biggest wealth managers.  Why it matters  The news of the inquiry by the globe’s…

More Americans get news from social media influencers

About 1 in 5 Americans say they regularly get their news from “news influencers” on social media, according to a new study by the Pew Research Center. The rise of social media personalities doling out information was particularly true among the youngest users, and comes at a time of heightened polarization surrounding the U.S. presidential…

End of content

End of content