By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker U.S. dollar and a jump in refinery runs in top crude importer China. Brent futures rose $2.47, or 3.4%, to settle at $75.67 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $2.35, or…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Shares of U.S.-listed Chinese exchange traded funds edged higher on Thursday, tracking gains in the Chinese markets after the central bank cut borrowing costs to aid a shaky economic recovery and as investors pinned hopes on further stimulus. China’s stock markets rose on Thursday, with the benchmark…
By Ross Kerber (Reuters) – Top asset manager BlackRock on Thursday named outside executive John Kelly to a newly created role overseeing its public policy, philanthropy, communications and branding, at a time the firm needs to balance its message among competing constituencies. Kelly’s appointment as global head of corporate affairs, described in a memo provided…
(Reuters) -A new regulation will formalize a roughly 80% cut in project fees for wind and solar energy developments on federal lands under a proposal by the Biden administration on Thursday as part of a strategy to boost renewable energy to fight climate change. The Interior Department’s U.S. Bureau of Land Management (BLM) last year…
By Jeffrey Dastin and Anna Tong SAN FRANCISCO (Reuters) – Alphabet Inc is cautioning employees about how they use chatbots, including its own Bard, at the same time as it markets the program around the world, four people familiar with the matter told Reuters. The Google parent has advised employees not to enter its confidential…
By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – A collection of the nation’s leading and biggest spending environmental groups endorsed President Joe Biden’s re-election bid on Wednesday, an early sign that he has consolidated their support despite some recent policy moves that angered climate activists. The League of Conservation Voters (LCV) Action Fund, billionaire…
(Reuters) -Delta Air Lines said on Thursday it would pay a quarterly dividend, resuming a payout that the carrier had suspended in March 2020 during the COVID-19 pandemic. The dividend, of $0.10 per share, will be paid on Aug. 7 to shareholders of record as of the close of business July 17, the U.S. airline…
TAIPEI (Reuters) – Taiwan’s government on Thursday agreed to fully open its market to imports of Canadian beef, lifting a stumbling block as Taipei angles to sign a bilateral investment agreement with Ottawa this year. Taiwan had previously banned imports of Canadian beef slaughtered more than 30 months earlier due to concerns about bovine spongiform…
OTTAWA (Reuters) – Russia’s Foreign Ministry said on Thursday that it had summoned a Canadian diplomat in Moscow in protest over the confiscation of an Antonov plane in Toronto, and warned that Russian-Canadian relations were on the “verge of being severed.” Canada on Saturday ordered the seizure of a Russian-registered Antonov-124 cargo plane at Toronto’s…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Proxy advisory firm Institutional Shareholder Services on Thursday recommended that Biogen <BIIB.O> shareholders elect Susan Langer to replace long-standing director Alex Denner, who abruptly left the board earlier this week. Biogen said Langer, a former corporate strategy chief at the biotech company, would stand for election to replace…
