By Liz Hampton (Reuters) – Louisiana’s application to obtain enforcement authority over carbon capture wells has gone to the Federal Register for public comment, the Environmental Protection Agency (EPA) said on Friday, a key step in receiving “so-called” primacy and speeding up the permitting process. The EPA currently manages permitting for most Class VI wells…
By Nelson Bocanegra BOGOTA (Reuters) -Colombia’s central bank board raised the benchmark interest rate by 25 basis points to 13.25% on Friday, continuing a long tightening cycle amid persistent inflation and significant stability risks to the global financial system, it said. Four policymakers voted for the 25 basis point increase, while two wanted to keep…
By Scott DiSavino NEW YORK (Reuters) -Oil prices mostly rose over 2% on Friday after energy firms posted positive earnings and U.S. data showed crude output was declining while fuel demand was growing. On its last day as the front-month, Brent futures for June delivery rose $1.17, or 1.5%, to settle at $79.54 a barrel,…
By Sabrina Valle HOUSTON (Reuters) -Oil major Chevron Corp beat market expectations on Friday as profit nudged higher in the first quarter, with earnings from refining compensating for slides in energy prices as well as oil production. Net profit climbed 5% from a year ago to $6.57 billion or $3.46 per share. Results beat consensus…
By Karen Freifeld (Reuters) – Michael Cohen on Monday asked a U.S. appeals court to revive his lawsuit against Donald Trump and other government officials, seeking damages for sending him back to prison in retaliation for publishing a tell-all memoir criticizing the former U.S. president. Lawyers for Cohen said in a filing with the 2nd…
By Daniel Trotta (Reuters) – Montana statehouse Republicans on Wednesday silenced Democratic transgender legislator Zooey Zephyr from floor debates for breaking decorum after she said lawmakers who backed a ban on gender-affirming healthcare for minors would have “blood on your hands.” Under the motion that passed with a vote of 68-32, Zephyr will be allowed…
By Sergiy Karazy and Dan Peleschuk UMAN, Ukraine/KYIV (Reuters) – Russia hurled missiles at cities across Ukraine as people slept on Friday, killing at least 25 civilians in the first large-scale air strikes in nearly two months, as Kyiv said it was nearly ready to launch a huge assault to retake occupied land. Firefighters tackled…
By Anthony Boadle BRASILIA (Reuters) – President Luiz Inacio Lula da Silva legally recognized six Indigenous territories on Friday, fulfilling a campaign promise to reverse the policy of his far-right predecessor Jair Bolsonaro said Brazil’s original people had too much land. The recognition is crucial to protect Indigenous lands from increasing encroachment by farming and…
WASHINGTON (Reuters) – U.S. labor costs increased solidly in the first quarter as strong wage gains persisted amid a tight labor market, suggesting inflation could remain elevated for a while. The Employment Cost Index, the broadest measure of labor costs, rose 1.2% last quarter after increasing 1.1% in the October-December period, the Labor Department said…
By Paul Sandle LONDON (Reuters) – Britain’s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft’s $69 billion acquisition of ‘Call of Duty’ maker Activision Blizzard over concerns it would hinder cloud gaming. The ruling was a shock after the regulator had already resolved its concerns about the consoles market, a sector dominated by Sony’s…
