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China seeks feedback on draft guidelines to measure steel sector emissions

BEIJING (Reuters) -China is seeking public feedback on new guidelines for the reporting of greenhouse gas emissions from the steel industry, the environment ministry said on Friday, part of efforts to prepare mills for their entry into the country’s carbon market. China issued a draft plan in September to extend its emissions trading scheme to …

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Japan’s soft consumer spending unlikely to deter BOJ from raising rates again

By Satoshi Sugiyama TOKYO(Reuters) -Japanese household spending fell at a slower pace than forecast in October, but while the broader consumption trends remain soft the Bank of Japan is still expected to raise rates again to normalise monetary conditions after a decade of easy policy. Some analysts say a recovery in wages would eventually spur …

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California governor promotes trade with Mexico after Trump threats

By Ted Hesson (Reuters) -California Governor Gavin Newsom stressed the importance of trade with Mexico and immigrant labor at a press conference near the border on Thursday, striking a contrast with President-elect Donald Trump’s threat of tariffs and mass deportations. Newsom, a Democrat, portrayed the Republican president-elect’s planned 25% tariffs on goods from Mexico and …

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New York museum unveils ‘Apex’ – an almost complete Stegosaurus

By Aleksandra Michalska NEW YORK (Reuters) – The American Museum of Natural History revealed the identity of its latest resident on Thursday – “Apex,” one of the most complete specimens ever discovered of the plant-eating dinosaur Stegosaurus, known for the upright plates on its back and a spiky tail. To excited gasps from an audience …

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RBA to hold rates steady in December, first cut pushed to Q2: Reuters poll

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Australia’s central bank will hold interest rates steady on Tuesday as a resilient labour market keeps inflation elevated, according to economists polled by Reuters who pushed forecasts for the first cut to the second quarter of next year. The Reserve Bank of Australia is the only central …

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India’s steel imports from China hit record high, latest data shows

By Neha Arora NEW DELHI (Reuters) – India’s finished steel imports from China reached an all-time high during the first seven months of the current financial year from April, according to provisional government data reviewed by Reuters, rattling hundreds of small Indian steel producers. China, the world’s biggest steel producer, shipped 1.7 million metric tons …

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US House Republicans block bid to release results of Gaetz ethics probe

By Bo Erickson WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday blocked an effort to expedite the release of an ethics probe into former Representative Matt Gaetz, who dropped his bid to become Donald Trump’s attorney general. The probe centered on allegations against Gaetz of sexual misconduct with a teenage girl and drug use. …

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