Exclusive-U.S. climate envoy Kerry says China has invited him for talks

By Alexander Ratz, Sarah Marsh and Valerie Volcovici BERLIN (Reuters) – U.S. climate envoy John Kerry said on Wednesday China has invited him to visit “in the near term” for talks on averting a global climate change crisis even as diplomatic relations between the world’s two biggest greenhouse gas emitters remain tense. The United States…

Read More

US Senate Democrats launch renewed effort to counter China

By Patricia Zengerle and David Shepardson WASHINGTON (Reuters) – U.S. Senate Democrats launched a renewed effort to stave off competition from China on Wednesday, planning legislation to boost the country’s ability to face up to the Asian powerhouse on issues from technology to security and threats to Taiwan. After passing a sweeping bill last year…

Read More

US Senate’s Schumer ‘hopeful’ Feinstein can return next week

WASHINGTON (Reuters) -U.S. Senate Majority Leader Chuck Schumer on Wednesday said he was “hopeful” that fellow Democrat Dianne Feinstein, the chamber’s oldest member who has been absent since February while receiving treatment for shingles, can return next week. Feinstein, 89, has not cast a vote since mid-February, effectively reducing her party’s narrow majority in the…

Read More

Leonardo posts lower Q1 profits and earnings, but orders rise

ROME (Reuters) – Italy’s state-controlled defence and aerospace group Leonardo on Wednesday posted lower first-quarter profits and earnings, but reported a jump in orders and confirmed financial targets for 2023. Net profit stood at 40 million euros ($44.2 million) compared to 72 million euros 12 months earlier, while earnings before interest, taxes and amortisation (EBITA)…

Read More

33 Democrats urge ban on investor-state dispute provisions in all U.S. trade deals

By David Lawder WASHINGTON (Reuters) – Democratic U.S. lawmakers on Wednesday urged the U.S. Trade Representative and State Department to eliminate investor-state dispute settlement provisions from current and future trade deals and to intervene on behalf of Honduras against a U.S. company’s nearly $11 billion claim against the country. In a letter to Secretary of…

Read More