By Humeyra Pamuk, Gloria Dickie and Gwladys Fouche WASHINGTON/LONDON/OSLO (Reuters) – For nearly three decades, the Arctic Council has been a successful example of post-Cold War cooperation. Its eight members, including Russia and the United States, have cooperated on climate-change research and social development across the ecologically sensitive region. Now, a year after council members…
By Andrew Mills DOHA (Reuters) – International occupational health experts will urge Qatar on Tuesday to establish a heat stress “center of excellence” to influence other Gulf countries to strengthen protections for workers against extreme heat and humidity, two of the experts said. The experts, in Doha for a conference the International Labour Organisation is…
PARIS (Reuters) – The International Monetary Fund remains concerned about recent turbulence in the banking sector despite actions by the U.S. and Swiss authorities to deal with troubled banks on their watch, its chief economist Pierre-Olivier Gourinchas said on Monday. Speaking to journalists in Paris, he added that “the story is not over” and that…
(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned to develop a recycling hub in Italy along with Swiss miner and commodity trader Glencore Plc to produce battery materials including lithium. Canada-based Li-Cycle had earlier announced in March that it would be building a French battery processing facility amid rising demand for…
JAKARTA (Reuters) – Indonesia and Singapore condemned an attack on a convoy of their diplomats and an ASEAN humanitarian aid body in military-ruled Myanmar, and called for an end to violence and a commitment to dialogue between warring groups. Myanmar state media on Tuesday said “terrorists” with small arms attacked a convoy that was delivering…
By Kevin Buckland TOKYO (Reuters) – Asian stocks eased back from more than two-week highs on Tuesday as traders squared positions heading into a key U.S. inflation report, while gloomy Chinese trade data also kept risk sentiment in check. The dollar stabilized against major peers as U.S. yields remained elevated amid increased confidence that the…
By Manya Saini (Reuters) – PayPal Holdings Inc on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending shares in the payments firm down 5% in extending trading. PayPal expects adjusted operating margin expansion of 100 basis points this year, compared with its earlier forecast of a 125-basis-point growth….
By Anna Koper, Gergely Szakacs and Luiza Ilie WARSAW (Reuters) – When global grain prices started falling last year after a spike in the first months of the war in Ukraine, Poland’s then agriculture minister urged farmers to hang onto their harvests in the hope of a rebound and better returns. The bet backfired badly…
SEOUL (Reuters) – North Korean leader Kim Jong Un said Russia “will prevail” in its fight against what he described as “imperialists,” state news agency KCNA said on Tuesday, in remarks seen to be aimed at Ukraine and its Western supporters, such as the United States. North Korea has forged closer ties with the Kremlin…
By Panu Wongcha-um BANGKOK (Reuters) -Thailand’s billionaire former Prime Minister Thaksin Shinawatra said on Tuesday he would return home in July after 17 years in self-imposed exile, just days ahead of an election his party is expected to win. Although Thaksin, arguably Thailand’s most influential and divisive former leader, has failed to make good on…
