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Environment

China June coal output rebounds from six-month low as heatwave boosts demand

BY Reuters  • July 17, 2023July 17, 2023
By Muyu Xu BEIJING/SINGAPORE (Reuters) – China’s average daily coal production rebounded in June from a six-month low the prior month, official data showed on Monday, as miners ramped up o[...]
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Asia Economy Environment Europe Politics Updated

Yellen ‘eager’ to work with China on debt, other global challenges

BY Reuters  • July 16, 2023July 16, 2023
By David Lawder and Aftab Ahmed GANDHINAGAR, India (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager” to work with China on areas of mutual interest, including[...]
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Africa Asia Business Economy Environment Europe Politics Top News Updated

EU, Mercosur see little trade deal progress at inter-region summit

BY Reuters  • July 14, 2023July 14, 2023
BRUSSELS (Reuters) – Next week’s summit of leaders from the European Union, Latin America and the Caribbean is unlikely to unlock a proposed EU-Mercosur free trade agreement, officials fro[...]
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Economy Environment Latin America Top News

US fines Texas oil company Callon Permian over emissions

BY Reuters  • July 13, 2023July 13, 2023
(Reuters) – The U.S. Environmental Protection Agency (EPA) on Thursday said Callon Permian LLC was fined $1.3 million for excess emissions from tanks, flares and other equipment at company[...]
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Business Economy Environment Updated US

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

Germany plans to offer companies $6.6 billion a year in tax relief

BY Reuters  • July 12, 2023July 12, 2023
BERLIN (Reuters) -Germany’s finance ministry plans to offer companies a tax relief package of around 6 billion euros ($6.61 billion) per year against the backdrop of a difficult economic environ[...]
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Business Economy Environment Europe Politics Updated

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

The manufacturing backlash: No factory in my backyard

BY Reuters  • July 10, 2023July 10, 2023
By Timothy Aeppel and Ben Klayman MARSHALL, Michigan (Reuters) – Fred Chapman has a message for Ford Motor Co, which is planning to build a sprawling factory on the outskirts of this town to mak[...]
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Asia Business Economy Environment Top News Updated US

Brazil govt eyes sending income tax reform proposal to Congress

BY Reuters  • July 10, 2023July 10, 2023
BRASILIA (Reuters) – President Luiz Inacio Lula da Silva’s government will not wait for Brazil’s Congress to finish voting on a tax reform related to consumption before submitting it[...]
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Business Economy Environment Latin America Politics Updated
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