By David Lawder LIMA (Reuters) – World Bank President Ajay Banga wants the lender to focus on more “scalable, replicable” projects across Latin America and elsewhere for transport and infrastructure and digitization of government and financial services to speed development. Banga, on his first foreign trip since taking office, told Reuters on Monday that he…
SYDNEY (Reuters) -Australia on Tuesday mourned the 10 people who were killed when a chartered bus carrying wedding guests rolled over at a roundabout, the country’s worst bus accident in three decades. Residents placed flowers near the crash site and gathered for a candlelight vigil at a church in the rural Hunter region in New…
(Adds link to report, fixes typographical error) By Gloria Dickie and Simon Jessop LONDON (Reuters) – The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address key concerns, making them “largely meaningless”, a report showed on Monday. Some 75 of the world’s largest…
By Brendan O’Brien and Jarrett Renshaw PHILADELPHIA (Reuters) -Human remains were recovered on Monday from a fallen overpass on Interstate 95 in Philadelphia as crews removed concrete debris from the site of a fiery weekend highway collapse that closed a stretch of one of the busiest traffic corridors along the U.S. East Coast. The section…
By Clara Denina and Simon Jessop LONDON (Reuters) – BlackRock on Tuesday launched the “Brown to Green Materials Fund” targeting undervalued carbon-intensive companies that produce the raw materials and products driving the energy transition. Investors are increasingly focused on what actions companies in industries such as metals and mining, cement, and construction, are taking to…
By Ismail Shakil OTTAWA (Reuters) – Smoke shrouded Western Canada on Monday as wildfires flared again in the main oil-producing province of Alberta, while firefighters in Quebec doused some of the worst early season blazes, allowing thousands of evacuees to return home. Canada is enduring its most destructive start to wildfire season, with about 4.8…
By Anthony Boadle BRASILIA (Reuters) -European Commission President Ursula von der Leyen on Monday said the EU hopes to finalize its long-delayed trade deal with the Mercosur bloc of South American countries by the end of the year at the latest. Brazilian President Luiz Inacio Lula da Silva, after meeting with von der Leyen, criticized…
(Reuters) – One man died and several people suffered minor injuries after their boat capsized during a tour of a cave system by the Erie Canal in upstate New York on Monday, local authorities said. There were 28 passengers and one employee of the Lockport Cave boat ride aboard when the boat tipped over, Lockport…
By Jonathan Stempel (Reuters) – An Oregon jury on Monday found the utility PacifiCorp, a unit of Warren Buffett’s Berkshire Hathaway Inc, liable in a $1.6 billion class action lawsuit over four of the wildfires that devastated the state in 2020. Jurors in Portland, where PacifiCorp is based, awarded more than $73 million of compensatory…
By Rod Nickel WINNIPEG, Manitoba (Reuters) – Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean fuel and stay competitive, a move that could cost Canada C$10 billion ($7.5 billion) of investment and undermine Prime Minister Justin Trudeau’s efforts to build a…
