By Shadia Nasralla and Ron Bousso LONDON (Reuters) – Shell shareholders overwhelmingly supported the energy giant’s strategy at a raucous annual general meeting disrupted by climate activists who tried to storm the stage. Tuesday’s meeting highlighted the growing tension Shell and its peers face as they try to navigate growing investor pressure to accelerate their…
By Renee Maltezou and Angeliki Koutantou ATHENS (Reuters) – Greece’s two main opposition parties on Tuesday turned down mandates offered to them to form a coalition government, setting the stage for a second election in June after an inconclusive vote on May 21. Leftist Syriza leader Alexis Tsipras and Socialist PASOK head Nikos Androulakis handed…
By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes jumped to a 13-month high in April, boosted by a persistent shortage of previously owned houses on the market and a sharp decline in prices from last year’s lofty levels. The report from the Commerce Department on Tuesday followed on the heels of…
By Jason Lange WASHINGTON (Reuters) -The U.S. government could fall behind on its bills next month – and even default on its debt – if Congress doesn’t raise a $31.4 trillion cap on government borrowing, a failure that could trigger economic calamity and panic on global financial markets. What follows is a timeline showing how…
WASHINGTON (Reuters) – The U.S. Treasury said on Tuesday it is asking other federal agencies for greater clarity and communication on the payments they expect to make and receive in the coming days to more accurately forecast when the government will run short of cash without an increase in the federal debt ceiling. A Treasury…
By Jonathan Stempel (Reuters) – A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, U.S. District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked…
(Reuters) -Moscow said on Tuesday it had routed and killed scores of “Ukrainian nationalists” who crossed into Russia from Ukraine after two days of combat, in what appeared to be one of the biggest incursions of its kind of the 15-month-old war. There was no immediate independent confirmation that the fighting had ended, but the…
WASHINGTON (Reuters) – The United States called for the immediate release of detained Wall Street Journal reporter Evan Gershkovich on Tuesday after Russia’s security service sought to extend his detention. “He shouldn’t be detained at all. Journalism is not a crime. He needs to be released immediately,” White House national security spokesman John Kirby told…
By Howard Schneider WASHINGTON (Reuters) -A tight U.S. job market and rising wages are beginning to have more of an impact on inflation and could embed faster rising prices if the demand for workers is not brought into better balance with the labor force, new research from an ex-Federal Reserve chief and a former top…
By Gloria Dickie and Kate Abnett LONDON (Reuters) -Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks, saying the oil exec’s appointment threatened the integrity of negotiations. Jaber, who heads the United Arab Emirates oil…
