By Timothy Gardner (Reuters) -The Biden administration on Tuesday approved a permit to allow the Mountain Valley natural gas pipeline, a project a key Democratic senator has pushed in legislation to speed permitting of fossil fuel and renewable energy projects. The permit, issued by the U.S. Department of Agriculture’s Forest Service, allows the Equitrans Midstream…
By Suban Abdulla LONDON (Reuters) – Millions of British borrowers repeatedly missed payments on bills in the six months to January amid the steep surge in the cost of living and higher interest rates, a survey from the Financial Conduct Authority regulator showed on Tuesday. British households have faced double-digit inflation since September and the…
(Reuters) – The World Health Organization called for caution on Tuesday in using artificial intelligence for public healthcare, saying data used by AI to reach decisions could be biased or misused. The WHO said it was enthusiastic about the potential of AI but had concerns over how it will be used to improve access to…
By Huw Jones (Reuters) – European Union states on Tuesday gave the final nod to the world’s first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countries such as Britain and the United States to play catch up. An EU finance minister meeting in Brussels approved rules that were thrashed out…
By Diane Bartz and Leroy Leo WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Tuesday it has filed a lawsuit to stop Amgen Inc’s $27.8 billion acquisition of Horizon Therapeutics Plc in a rare move to block a large pharmaceutical deal. The FTC said it opposed the deal because of concern that Amgen would…
By Hannah Lang, Tatiana Bautzer, Pete Schroeder and Ann Saphir WASHINGTON/NEW YORK (Reuters) – The former chief executive of Silicon Valley Bank defended the U.S. lender’s efforts to manage risk in his first public comments after the bank’s shock collapse, as regulators promised better supervision to prevent more such failures. The top executives at SVB…
By David Brunnstrom and Michael Martina WASHINGTON (Reuters) – The speaker of Taiwan’s parliament praised Japan, South Korea and the Philippines on Tuesday for helping to create a “crescent of defense” with Taiwan and the U.S. against China’s ambitions in the Indo-Pacific region. Speaking in Washington, You Si-kun told the Hudson Institute think tank that…
By Alexandra Valencia QUITO (Reuters) -Ecuador’s National Assembly on Tuesday began an impeachment hearing against President Guillermo Lasso, who could be removed from his post, though the process increases the likelihood he will dissolve the legislature to avoid a final vote. Ninety-two votes from the 137-member assembly are needed to remove Lasso, who opposition politicians…
By Doyinsola Oladipo NEW YORK (Reuters) -The State of Texas and Marriott International Inc on Tuesday entered a voluntary agreement to prominently display all “resort fees” and to increase price transparency in its advertisements and booking process. Texas Attorney General Ken Paxton alleges that hotel companies are engaging in fraudulent and anti-competitive practices by misleading…
THE HAGUE (Reuters) – Ukraine and Russia will face off before the United Nations’ top court on June 6, when judges will hear Ukraine’s claim that Moscow violated a U.N. treaty by supporting pro-Russian separatists who were identified by a Dutch court as being responsible for the 2014 downing of flight MH17. In November last…
