NEW YORK (Reuters) – The U.N. has adopted the world’s first treaty to protect the high seas and preserve marine biodiversity in international waters, marking a milestone after nearly 20 years of effort, U.N. Secretary-General Antonio Guterres announced Monday. The adoption followed an agreement reached in March by more than 100 countries on the of…
(Repeats to add link to report in paragraph 2) By Gloria Dickie (Reuters) -Glaciers in Asia’s Hindu Kush Himalaya could lose up to 75% of their volume by century’s end due to global warming, causing both dangerous flooding and water shortages for the 240 million people who live in the mountainous region, according to a…
By Tom Sims FRANKFURT (Reuters) – Deutsche Bank’s new retail boss wants to get cyber-savvy youth into bank branches and put the bank at the heart of communities, a bold vision in an industry struggling to balance technology with a brick-and-mortar presence. For years, banks in Europe, including Deutsche, have been slashing branch networks to…
SAO PAULO (Reuters) – A second teenager has died following a school shooting in southern Brazil, the hospital said on Tuesday. The first victim, Karoline Verri Alves, 17, was confirmed dead at the scene after a shooter entered the school in the city of Cambe, Parana state, to carry out Monday’s attack. Luan Augusto, 16,…
(Reuters) -VF Corp on Tuesday appointed former Logitech boss Bracken Darrell as its new CEO, at a time when the footwear and apparel maker is struggling with sluggish demand for its Vans sneakers and Timberland boots. Darrell stepped down as head of computer accessories maker Logitech International after a 10-year stint last week, and will…
By Libby George LONDON (Reuters) – Cautious optimism in the developing world that wealthier countries and China had finally fixed the tortuous process of sovereign debt restructurings is fizzling again. Debt crisis veterans gave a weary thumbs up in April to plans to galvanize the G20-led “Common Framework” – a platform supposed to speed up…
(Reuters) -Carlyle Group Inc named company veteran John Redett as its new chief financial officer, the investment firm said on Tuesday, in the first major appointment under Chief Executive Officer Harvey Schwartz’s leadership. Redett, who will take over from Curt Buser on Oct. 1, joined Carlyle 16 years ago and currently leads the firm’s global…
By Joanna Plucinska and Valerie Insinna PARIS (Reuters) -Ukraine is in negotiations with Western arms manufacturers to boost production of weapons, including drones, and could sign contracts in coming months, a Ukrainian minister told Reuters. Since Russia’s invasion of Ukraine last year Ukraine has been scrambling to secure weapons ranging from munitions to rocket launchers…
By Noah Browning LONDON (Reuters) -Oil prices rose on Tuesday after China cut benchmark lending rates in a potential boost to growth but oil demand was seen rising less than expected this year, in a mixed picture for consumption by the world’s largest crude importer. Brent crude was up 69 cents, or 0.9%, at $76.78…
CAIRO (Reuters) -The Central Bank of Egypt (CBE) is expected to leave its overnight interest rates unchanged on Thursday after President Abdel-Fattah al-Sisi appeared to rule out any devaluation of the currency in coming months, a Reuters poll showed on Monday. The median forecast in a poll of 17 analysts is for the bank to…
