By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) – MSCI’s global equities index lost ground on Wednesday after weaker-than-expected overseas data and as investors monitored a heating up of American-Chinese trade tensions while they awaited upcoming U.S. economic data and second-quarter earnings. Investors shrugged off U.S. Federal Reserve meeting minutes released on Wednesday that…
By Tommy Wilkes LONDON (Reuters) -The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance’s membership requirements, after a recent exodus of members, according to two people familiar with the discussions. The U.N.-convened Net-Zero Insurance Alliance (NZIA) is set to remove a six-month deadline for members…
WASHINGTON (Reuters) -The Pentagon announced on Wednesday plans to tighten controls on classified information after an alleged leak incident that saw an airman arrested in April and later indicted on accusations of posting classified documents on the messaging app Discord. The 45-day review did not identify a single point of failure, but the Pentagon said…
By Francois Murphy VIENNA (Reuters) -Experts from the U.N. nuclear watchdog based at the Russian-held Zaporizhzhia nuclear power plant in Ukraine have yet to observe any indications of mines or explosives at the plant, but they need more access to be sure, the agency said on Wednesday. Russia and Ukraine on Tuesday accused each other…
By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai’s meetings with North American trade partners Canada and Mexico this week will not delve deeply into major disputes over Mexico’s biotech corn and energy policies nor Canadian dairy access, a senior USTR official said on Wednesday. The annual meeting of the U.S.-Mexico-Canada Agreement (USMCA)…
By Valerie Volcovici WASHINGTON (Reuters) -The Biden administration on Wednesday approved construction of an offshore windfarm that will generate 1,100 megawatts of power from up to 98 turbines off the coast of Atlantic City, New Jersey, becoming the third such project in the United States. Approval of Orsted’s Ocean Wind by the Interior Department is…
(Reuters) – Russia has opened a criminal case after a prominent female journalist and a lawyer were brutally attacked in Russian republic of Chechnya, Russian Investigative Committee reported on Wednesday. “Currently, the investigation team is conducting a set of investigative actions and search measures aimed at establishing individuals involved in this crime and all the…
By Pratyush Thakur and Shivansh Tiwary (Reuters) -New vehicle sales in the United States for top global automakers rose in the second quarter on improving supply and strong demand, signaling that rising interest rates have not yet had a meaningful impact on purchases. Vehicle production took a hit after the pandemic disrupted supply of semiconductor…
By Andrew Chung and John Kruzel WASHINGTON (Reuters) – Even as it has ushered in sweeping changes to American law and society – on abortion, gun rights and affirmative action – the U.S. Supreme Court has kept tabs on another issue of keen interest to its conservative majority: keeping federal regulatory power in check. The…
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan said Sweden has taken steps in the right direction for its NATO bid with anti-terrorism legislation but continued protests there by Kurdish militant sympathisers undermined its moves, Erdogan’s office said. The Turkish presidency said Erdogan made the comments in a telephone call with Dutch Prime Minister Mark Rutte,…
