Stocks edge lower, oil jumps on supply concerns over Mideast, Libya

Stocks edge lower, oil jumps on supply concerns over Mideast, Libya

Item 1 of 3 Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo [1/3]Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo Purchase Licensing Rights, opens new …

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Philippines urges China to halt ‘provocative’ actions after flare incidents

Philippines urges China to halt ‘provocative’ actions after flare incidents

MANILA, Aug 24 (Reuters) – The Philippines called on Beijing on Saturday to “immediately cease all provocative and dangerous actions” after accusing it of “unjustifiably” deploying flares from China-occupied Subi Reef on Aug. 22 while a Manila aircraft was conducting patrols. The same aircraft also “faced harassment” from a Chinese jet fighter while it was …

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India surpasses China to become Russia’s top oil buyer in July

India surpasses China to become Russia’s top oil buyer in July

NEW DELHI, Aug 22 (Reuters) – India overtook China as the world’s biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels, a comparison of import data showed. Russian crude made up a record 44% of India’s overall imports last month, rising to a record …

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Japan PM pledges to ‘restore trust’ as fundraising scandal rocks government

Japan PM pledges to ‘restore trust’ as fundraising scandal rocks government

Fumio Kishida, Japan’s prime minister, speaks during a news conference at the prime minister’s official residence in Tokyo, Japan, November 2, 2023. Kiyoshi Ota/Pool via REUTERS/File Photo Acquire Licensing Rights TOKYO, Dec 11 (Reuters) – Embattled Japanese premier Fumio Kishida pledged on Monday to take steps to restore trust in his government amid reports he …

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Chennai flooded as heavy rains from cyclone Michaung batter south India

Chennai flooded as heavy rains from cyclone Michaung batter south India

[1/2]Members of the National Disaster Response Force (NDRF) evacuate people from a water-logged residential area following heavy rains due to Cyclone Michaung, in Chennai, India, December 6, 2023. REUTERS/Stringer Acquire Licensing Rights CHENNAI/HYDERABAD, Dec 6 (Reuters) – Rescuers used boats to reach people stranded in their homes amid widespread flooding in the India’s Chennai on …

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Cyclone Michaung hits India’s south after 13 killed in floods, rain

Cyclone Michaung hits India’s south after 13 killed in floods, rain

BHUBANESWAR, India, Dec 5 (Reuters) – Cyclone Michaung barrelled into the southern Indian coast on Tuesday with intense winds, its arrival preceded by torrential rains and flooding that killed at least 13 people, as officials assessed the damage. Tall waves crashed into southern coastal towns over the last two days as the cyclone approached, submerging …

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Fossil fuel phase-out among options on COP28 table

Fossil fuel phase-out among options on COP28 table

Draft COP28 text includes fossil fuel phase out Text adds other options, include no phase out deal Fossil fuel CO2 emissions hit record high in 2023 DUBAI, Dec 5 (Reuters) – Countries at the COP28 climate conference are considering calling for a formal phase-out of fossil fuels as part of the U.N. summit’s final deal …

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Stocks retreat after rally with jobs data eyed, yields climb

Stocks retreat after rally with jobs data eyed, yields climb

[1/3]Traders gather at the post that trades Alaska Airlines stock on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 4, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Major US averages fall Dollar rises Gold retreats after hitting record high Oil settles down more than 1% NEW YORK, Dec …

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Chennai airport runway flooded as Cyclone Michaung nears India

Cyclone Michaung hits India’s south after 13 killed in floods, rain

CHENNAI, Dec 4 (Reuters) – At least four people died, factories closed and the runway of one of India’s busiest airports lay submerged due to torrential rain, as two southern states were braced on Monday for the impact of a severe cyclone. Cyclone Michaung was expected to make landfall on the coast of the southern …

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