More insurers desert net-zero alliance as U.N. climate group sounds alarm

By Tommy Wilkes LONDON (Reuters) -Lloyd’s of London became the sixth organisation to quit a net-zero alliance for insurers within 36 hours on Friday, as a U.N.-backed coalition of financial groups warned about the fallout of “political attacks” on insurers in the United States. Lloyd’s joined Australia’s QBE Insurance in withdrawing from the Net-Zero Insurance…

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Delay in security treaty with Australia as PNG consults ‘domestic processes’

By Kirsty Needham SYDNEY (Reuters) -Papua New Guinea said a proposed security treaty with neighbour Australia would be delayed as it consults “domestic processes”, a week after signing a defence agreement with the United States that sparked student protests. Papua New Guinea (PNG), a few kilometres (miles) to Australia’s north, is being courted by China…

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PwC Australia may lose government audit contract, Treasury head says

By Lewis Jackson SYDNEY (Reuters) -Australia’s Treasury department may not renew a A$1 million audit contract with PricewaterhouseCoopers (PwC) when it ends this year, an official told a senate hearing amid a scandal over the firm’s misuse of confidential government tax plans. The global professional services firm is reeling after a former Australian tax partner…

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EU, US to weigh China, AI, trade strains at high-level Sweden talks

By Philip Blenkinsop LULEA, Sweden (Reuters) – Top U.S. and European Union officials meet in Sweden on Tuesday to weigh how best to deal with China and cooperate on artificial intelligence and other future technology as well as EU complaints about Trump-era tariffs and U.S. green subsidies. U.S. Secretary of State Antony Blinken and European…

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Blinken says US to consider visa restrictions over Ugandan anti-gay law

WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken on Monday said his government would consider visa restrictions against Ugandan officials and others for the abuse of human rights following the implementation of one of the world’s toughest anti-gay laws. Blinken said he has instructed the State Department to update travel guidance to U.S. citizens…

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