Column: Europe’s industry will feel the sting of high and rising carbon costs

Kmart pushes Australian Wesfarmers to boost profits due to lockdown

LITTLETON, Colorado, Feb 23 (Reuters) – This week’s rise in European carbon prices to above 100 euros ($107) a tonne sends an ominous signal to European manufacturers and heavy industry, who have so far been holding back. emission reduction. EU carbon prices According to the latest available data from the European Environment Agency (EEA) for … Read more

World Bank board intends to select next president by early May, US nominee expected shortly

World Bank board intends to select next president by early May, US nominee expected shortly

WASHINGTON, Feb 22 (Reuters) – The World Bank’s executive board is looking to select a new president by early May after it was revealed last week that David Malpass would leave the top job long before his contract expired in April 2024, the bank said in a statement. posted late at night. on Wednesday. The … Read more

World Bank board intends to select next president by early May, US nominee expected shortly

World Bank board intends to select next president by early May, US nominee expected shortly

WASHINGTON, Feb 22 (Reuters) – The World Bank’s executive board is looking to select a new president by early May after it was revealed last week that David Malpass would leave the top job long before his contract expired in April 2024, the bank said in a statement. posted late at night. on Wednesday. The … Read more

Column: War in Ukraine shows commodity markets are resilient and adaptable: Russell

Column: War in Ukraine shows commodity markets are resilient and adaptable: Russell

February 23. A year after Russia invaded Ukraine and led to commodity market turmoil, it is clear that the main takeaway is that markets are surprisingly resilient and adapt quickly to changing circumstances. While the prices of commodities such as crude oil, liquefied natural gas (LNG) and coal initially skyrocketed as a result of the … Read more

Column: War in Ukraine shows commodity markets are resilient and adaptable: Russell

Column: War in Ukraine shows commodity markets are resilient and adaptable: Russell

February 23. A year after Russia invaded Ukraine and led to commodity market turmoil, it is clear that the main takeaway is that markets are surprisingly resilient and adapt quickly to changing circumstances. While the prices of commodities such as crude oil, liquefied natural gas (LNG) and coal initially skyrocketed as a result of the … Read more

Column: War in Ukraine shows commodity markets are resilient and adaptable: Russell

Column: War in Ukraine shows commodity markets are resilient and adaptable: Russell

February 23. A year after Russia invaded Ukraine and led to commodity market turmoil, it is clear that the main takeaway is that markets are surprisingly resilient and adapt quickly to changing circumstances. While the prices of commodities such as crude oil, liquefied natural gas (LNG) and coal initially skyrocketed as a result of the … Read more

Column: Iron ore prices jump on Chinese demand and supply issues: Russell

Column: Iron ore prices jump on Chinese demand and supply issues: Russell

LONSSTON, Australia, Feb 21 (Reuters) – Spot iron ore prices are rising on strong demand from China and supply cuts from the world’s two largest exporters of raw steel. The spot price of benchmark 62% iron ore for northern China rose to $128.80 a tonne on Monday, slightly short of the 2023 peak of $129, … Read more

Analysis: Gas shortage hurts fragile South Asian economy even more

Analysis: Gas shortage hurts fragile South Asian economy even more

The fall in LNG imports hit the energy supply Power supply problems to worsen in 2023 Weak currencies of Pakistan and Bangladesh undermined import opportunities Curbs and power outages hurt malls and manufacturers LAHORE, Pakistan/DAKA, 20 Feb. (Reuters) – With just over a month left before the peak shopping season during Ramadan, the head of … Read more

Column: Europe approaches the end of winter with growing gas reserves

Column: Europe approaches the end of winter with growing gas reserves

LONDON, Feb 17 (Reuters) – Europe is coming to the end of winter with near-record volumes of gas in storage as industrial shutdowns, high prices and a milder-than-usual season. According to Gas Infrastructure Europe (GIE), combined stocks in the European Union and the United Kingdom were equivalent to 731 terawatt hours (TWh) as of February … Read more

Explainer: What do we know about China’s medical reform protests

Explainer: What do we know about China's medical reform protests

BEIJING, Feb 16 (Reuters) – Hundreds of people in the Chinese cities of Wuhan and Dalian protested cuts in medical benefits on Wednesday, the latest public outcry since last year’s rare nationwide demonstrations over strict COVID restrictions. Here’s what we know about the protests. WHAT IS HEALTH INSURANCE REFORM? Since Feb. 1, personal health insurance … Read more