DUBAI (Reuters) – Dubai state-owned airline Emirates swung to a record profit of 4 billion dirhams ($1.09 billion) in the…
Oil prices plunge 3% on U.S. inventory build, China COVID worries
By Laila Kearney NEW YORK (Reuters) – Oil prices sank by roughly $3 a barrel on Wednesday after industry data…
Oil producer Ithaca shares sink in UK’s largest IPO of 2022
By Emma-Victoria Farr, Shadia Nasralla and Lucy Raitano LONDON (Reuters) – Ithaca Energy made a lacklustre debut in London on…
U.S. climate envoy Kerry: We need multilateral development bank reform
SHARM EL-SHEIKH, Egypt (Reuters) – Multilateral development bank reform is absolutely critical, U.S. climate envoy John Kerry said on Wednesday,…
IEA’s Birol says $100 oil ‘real risk’ for global economy
SHARM EL-SHEIKH, Egypt (Reuters) – The head of the International Energy Agency (IEA) said on Wednesday oil prices “flirting with…
COP27 – World Bank’s Malpass: Half of World Bank’s climate finance is for adaptation
SHARM EL-SHEIKH (Reuters) – About half of the World Bank’s $32 billion of climate financing is for adaptation to climate…
Oil prices slide $2 on China demand worries, U.S. midterm elections
By Arathy Somasekhar (Reuters) – Oil prices fell more than $2 on Tuesday in choppy trading on growing worries about…
COP27 – Corporate climate pledges rife with greenwashing – U.N. expert group
By Gloria Dickie and Simon Jessop SHARM EL-SHEIKH, Egypt (Reuters) -Promises by companies, banks and cities to achieve net-zero emissions…
COP27: WTO chief seeks to revive green trade talks
By Simon Jessop SHARM EL-SHEIKH, Egypt (Reuters) – The head of the World Trade Organization aims to revive negotiations on…
Turkish bankers fear regulatory burden will reverse profit boom
By Ebru Tuncay ISTANBUL (Reuters) – Turkish banks, now enjoying record profits, face a painful reversal of fortune next year…