(This Aug. 14 story has been corrected to fix the name of the investor to GVP Climate, and not Gatemore Capital Management, in paragraph 3) By Ron Bousso LONDON (Reuters) – BP has invested in a start-up company developing technology seeking to use vapour from heavy industry to sharply reduce the production costs of zero-carbon…
(Reuters) – The top U.S. agency for consumer financial protection will announce plans at the White House on Tuesday to regulate companies that track and sell people’s personal data, part of the Biden administration’s widening scrutiny of that industry’s privacy practices, officials said. Data brokers’ conduct can be “particularly worrisome” because the sensitive data driving…
By Helen Reid and Amy Tennery LONDON/AUCKLAND (Reuters) – The unpredictability of the Women’s World Cup, with the U.S. knocked out early and a first-time champion assured, is forcing major global marketers such as Adidas and Nike to move fast to adapt to shoppers’ quick shifts in preferences and demand. The tournament in Australia and…
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s peso was flat on Tuesday at 350 per dollar after the central bank guided a sharp devaluation a day earlier in the wake of a primary election upset and said it would fix the FX rate until the general election in October. Argentina devalued the currency by…
By Joey Roulette WASHINGTON (Reuters) – U.S. space startups have slashed workforces and restructured operations to survive amid an investment drought that has grounded once-lofty aspirations. While more established players like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin spend billions on new, bigger rockets, rocket startup Astra Space, satellite imagery firm Planet Labs and…
WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken on Tuesday said Washington is satisfied with Japan’s plan to release treated radioactive water from the tsunami-wrecked Fukushima nuclear power plant into the ocean. Tokyo’s plans are in accordance with international standards, Blinken told reporters ahead of U.S. President Joe Biden’s trilateral summit with Japanese Prime…
By Raphael Satter WASHINGTON (Reuters) -Former Wall Street Journal reporter Jay Solomon has ended his lawsuit against Dechert LLP and two of its former partners, saying in a filing made public late on Monday that he was voluntarily dismissing his claims against the law firm. Solomon sued Dechert and several others last year, alleging that…
MOSCOW (Reuters) -The rouble strengthened on Tuesday in volatile trade after the central bank hiked rates by 350 basis points to 12%, a move that was baked into market expectations after the bank called an emergency meeting to head off heavy currency losses. The extraordinary rate meeting came after the rouble plummeted past the 100…
JERUSALEM (Reuters) – Israel’s inflation rate eased to a 16-month month low of 3.3% in July from 4.2% in June, a drop that could continue to keep further Bank of Israel interest rate hikes at bay. The consumer price index (CPI) rose 0.3% in July from June, led by gains in fresh produce, housing rentals,…
TAIPEI (Reuters) – The leading candidate to be Taiwan’s new president, Vice President William Lai, said in an interview on Tuesday that he has no plans to change the island’s formal name, but reiterated that Taiwan is “not subordinate” to China. Beijing dislikes Lai for previous comments saying he is a “practical worker for Taiwan…
