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Environment

Exclusive-Ivory Coast halts cocoa forward sales as rains hit production

BY Reuters  • July 13, 2023July 13, 2023
By Ange Aboa ABOISSO, Ivory Coast (Reuters) – Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024 season after heavy rains battered and flooded farms in the world[...]
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Africa Business Economy Environment

US lawmakers seek to lower biofuel blending compliance costs

BY Reuters  • July 12, 2023July 12, 2023
By Stephanie Kelly NEW YORK (Reuters) – A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden administration to allow oil refiners to purchase compliance cred[...]
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Business Economy Environment Politics Updated US

Global public debt hits record $92 trillion – UN report

BY Reuters  • July 12, 2023July 12, 2023
By Jorgelina do Rosario LONDON (Reuters) -Global public debt surged to a record $92 trillion in 2022 as governments borrowed to counter crises, such as the COVID-19 pandemic, with the burden being fel[...]
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Africa Asia Business Economy Environment Updated

Property insurers’ ratings under pressure as risk rises, Morningstar says

BY Reuters  • July 12, 2023July 12, 2023
(Reuters) – The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to cut back on cover and retain more risks themselves, DBRS Morningsta[...]
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Business Environment Updated

New air bag death prompts ‘Do Not Drive’ warning for 2003 Dodge Ram pickups

BY Reuters  • July 11, 2023July 11, 2023
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis has warned 29,000 owners of 2003 Dodge Ram pickups to immediately stop driving pending repairs after one person was killed when a T[...]
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Business Economy Environment Europe Updated

Exclusive – Mexico’s Pemex to lose some 100,000 bpd of crude this month after fire – source

BY Reuters  • July 11, 2023July 11, 2023
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s state oil company Petroleos Mexicanos will see its crude output reduced by some 100,000 barrels per day (bpd) until the beginning of[...]
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Business Central America Environment Latin America

EV charger maker Tritium wins order from Hawaii under federal funding program

BY Reuters  • July 11, 2023July 11, 2023
By Abhirup Roy SAN FRANCISCO (Reuters) – Tritium DCFC said on Tuesday it had won an order from Hawaii to make high-speed electric vehicle chargers – the first funds to roll out in a federa[...]
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Asia Australia Business Environment Technology Updated US

Yellen says US, China want to ‘stabilize’ relationship

BY Reuters  • July 11, 2023July 11, 2023
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said she believes the United States and China want to stabilize their economic ties with “candor” and “respect.[...]
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Asia Business Economy Environment Technology Top News Updated US

World Bank names CEOs to help bring private funds to climate, development finance

BY Reuters  • July 10, 2023July 10, 2023
By David Lawder WASHINGTON (Reuters) -The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by the lender’s president, Ajay Banga[...]
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Africa Asia Australia Business Economy Environment Europe Health Politics UK Updated US
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