By Terje Solsvik OSLO (Reuters) -Equinor, Shell and Exxon Mobil have agreed a deal with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal in the East African country, the two sides said on Friday. The agreement is a milestone for the long-delayed project to unlock Tanzania’s vast but …
Equinor, Shell and Exxon agree LNG project with Tanzania Read More »
By Johann M Cherian and Shashwat Chauhan (Reuters) -UK’s FTSE 100 gained on Friday as data showed domestic consumer confidence hit a 15-month high and progress on U.S. debt ceiling negotiations buoyed sentiment. The FTSE 100 closed up 0.2%, just before news broke that U.S. debt talks had been paused. The blue-chip index marginally rose …
UK’s FTSE 100 climbs on upbeat consumer confidence data Read More »
By Tatiana Bautzer, Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Morgan Stanley CEO James Gorman plans to step down over the next year, drawing to a close 13 years at the helm during which he built the Wall Street firm into a wealth management powerhouse. Gorman, 64, told shareholders on Friday the bank’s board …
Morgan Stanley CEO Gorman to hand reins to successor within a year Read More »
By Andy Sullivan LAKE CHARLES, La. (Reuters) -In Washington, Republican U.S. Representative Clay Higgins has been a vocal advocate for spending cuts. Back home in Louisiana, it’s a different story. The cowboy-hat wearing conservative regularly highlights federal funding for hospitals, bridges and ports in his district, while voting against the spending bills that include them …
Republican states to be hit hardest by proposed cuts in US debt ceiling fight Read More »
By Sam Nussey TOKYO (Reuters) -Sony Group Corp on Thursday said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on entertainment and image sensors. Sony said it is considering a time frame of two to three years to spin off Sony …
Sony eyes finance unit listing, doubles down on entertainment Read More »
By Richard Cowan, Leah Douglas WASHINGTON (Reuters) -Democrats in the U.S. Congress expressed frustration with President Joe Biden’s willingness to engage with Republicans demanding tougher work requirements for food aid recipients as part of any deal to raise the nation’s debt ceiling. They have stopped short of threatening to block such moves, as talks on …
U.S. Democrats warn Biden against toughening aid for the poor Read More »
By Gloria Dickie LONDON (Reuters) – More than half of the world’s large lakes and reservoirs have shrunk since the early 1990s, chiefly because of climate change, intensifying concerns about water for agriculture, hydropower and human consumption, a study published on Thursday found. A team of international researchers reported that some of the world’s most …
More than half of the world’s large lakes are drying up, study finds Read More »
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell will likely face one of its most acrimonious annual meetings next week as it struggles to balance investor pressure to capture profits from oil and gas and a vocal minority saying it must move faster to tackle climate change. Big Oil firms posted record profits …
Analysis-Shell faces tense shareholder meeting as profits and climate collide Read More »
By Eric Cox and Ted Hesson CHICAGO (Reuters) -Chicago’s new mayor is grappling with how to house hundreds of migrants arriving on buses from the U.S.-Mexico border, with some sleeping in police stations and shelters strained after border crossings rose earlier this month. Officials in the third-largest U.S. city have said they cannot afford to …
Migrants sleep in Chicago police stations as shelters strain Read More »
By Jacqueline Thomsen (Reuters) -The U.S. Senate on Thursday confirmed President Joe Biden’s nominee to the 11th Circuit U.S. Court of Appeals, overcoming rare Democratic opposition from Senator Joe Manchin. Nancy Abudu, a lawyer for the nonprofit Southern Poverty Law Center (SPLC) legal advocacy group, was confirmed on a 49-47 vote. She will be the …
Senate confirms Biden court pick despite Manchin opposition Read More »
