Insurers flee climate alliance after ESG backlash in the U.S

By Tommy Wilkes, Alexander Hübner and Tom Sims LONDON/FRANKFURT (Reuters) -A United Nations-convened climate alliance for insurers suffered at least three more departures on Thursday including the group’s chair, as insurance companies take fright in the face of opposition from U.S. Republican politicians. At least seven members of the Net-Zero Insurance Alliance (NZIA), which launched…

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VW, Audi agree to $85 million diesel settlement in principle with Texas

By David Shepardson (Reuters) -Volkswagen and its Audi unit have agreed to an $85 million settlement in principle over violations of Texas environmental laws stemming from its diesel cheating scandal, Texas Attorney General Ken Paxton said on Thursday. The settlement stipulates that the German automakers pay a civil penalty of $85 million for their unlawful…

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US trade chief seeks new thinking on global challenges as APEC ministers meet

By David Lawder DETROIT (Reuters) – U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC) trade ministers to “think creatively” for solutions to overcome a host of challenges from fragile supply chains, a worsening climate crisis and growing inequality. Launching a two-day meeting of the ministers under a cloud of…

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US Supreme Court rules against EPA in wetlands regulation challenge

By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday put another dent in the regulatory reach of the Environmental Protection Agency, embracing a stringent new test for declaring wetlands protected under a landmark federal anti-pollution law in a ruling favoring an Idaho couple who challenged the agency. The 9-0 decision…

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Two US citizens dead after catching meningitis in Mexico hospital

MEXICO CITY (Reuters) – Two U.S. citizens died after contracting meningitis while getting treatment in a hospital in the northern Mexican border city of Matamoros, authorities said on Thursday, as they investigated some 400 suspected cases. “A contamination caused these deaths,” Mexican President Andres Manuel Lopez Obrador said in a regular press conference when asked…

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Factbox-Rulings by US Supreme Court during its current term

(Reuters) – The U.S. Supreme Court has issued several important rulings during its current term that began last October and is due to decide its remaining cases by the end of June including disputes involving race-conscious college admissions practices, President Joe Biden’s student debt forgiveness plan and voting rights. Here is a look at some…

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