By Clara Denina and Simon Jessop LONDON (Reuters) – BlackRock on Tuesday launched the “Brown to Green Materials Fund” targeting undervalued carbon-intensive companies that produce the raw materials and products driving the energy transition. Investors are increasingly focused on what actions companies in industries such as metals and mining, cement, and construction, are taking to…
By Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) – The Biden administration has taken diplomatic steps that have slowed down a Chinese effort to project military power around the world, Secretary of State Antony Blinken said on Monday ahead of a visit to Beijing later this week. Washington’s top diplomat was asked at a press…
(Reuters) – Intel is in talks with SoftBank Group Corp’s Arm to be an anchor investor in the chip designer’s initial public offering (IPO), a source familiar with the matter told Reuters on Monday. Arm plans to sell its shares on Nasdaq later this year, seeking to raise between $8 billion and $10 billion, Reuters…
(Reuters) – CharIN, the industry body promoting the Combined Charging System (CCS) standard to power electric vehicles, said on Monday Tesla’s charging model is not a standard yet and does not provide an open charging ecosystem for the industry. U.S. automakers General Motors and Ford said they will adopt Tesla’s model of charging cars with…
By Trevor Hunnicutt WASHINGTON (Reuters) -The United States has made its concerns known to the Cuban government about Cuba hosting Chinese spy operations on its territory, White House spokesperson John Kirby said on Monday. Kirby said the bilateral relationship with China was tense at the moment, but President Joe Biden was committed to keeping the…
By Steve Gorman LOS ANGELES (Reuters) – Pat Sajak, the enduring master of ceremonies for “Wheel of Fortune,” plans to retire at the end of his upcoming record 41st year hosting one of American television’s longest-running game shows, he said on Monday. Sajak, 76, made the announcement on Twitter, but gave no precise reason for…
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden postponed a meeting with the head of NATO and skipped his other public events on Monday to undergo his second root canal procedure in as many days, the White House said. “The president is doing just fine and he will be certainly working in the…
By Nupur Anand and Trevor Hunnicutt NEW YORK (Reuters) – U.S. first lady Jill Biden on Monday embarked on a fundraising tour to build up President Joe Biden’s re-election campaign coffers, telling a well-heeled Manhattan crowd of nearly 50 people that her husband “knows how to get things done.” The event was hosted at the…
By Daina Beth Solomon and Ted Hesson MEXICO CITY (Reuters) – U.S. asylum appointments at a dangerous Texas-Mexico border crossing can no longer be scheduled via an online app following reports that migrants face extortion in Mexico. Advocates for migrants in the Mexican city of Nuevo Laredo, just across the border from Laredo, were informed…
By David Morgan WASHINGTON (Reuters) -U.S. House Speaker Kevin McCarthy reached an agreement on Monday with an insurgent group of Republican conservative hardliners that will allow legislation to move forward this week, following a standoff that had paralyzed the chamber for days. But the lawmakers, including members of the ultra-conservative House Freedom Caucus, warned that…
