Divided European Aviation Sector Seeks Cure To Travel Chaos
European airlines and airports, reeling from delays that caused widespread disruption as demand roared back after COVID-19, are counting the cost of efforts to avoid a repeat next summer.
Explainer-Why Are Fuel Prices Rising Again In Some U.S. Regions?
After a tumultuous year, U.S. gasoline prices have been steadily falling from peaks reached in June due to high demand and tight global refining supply.
Apple Forced To Change Charger In Europe As EU Approves Overhaul
Apple will have to change the charger for its iPhones in the European Union from autumn 2024 to comply with new rules introducing a single charging port for most electronic devices.
Turkey's Parliament Debates Erdogan's Media 'Disinformation' Bill
Turkish lawmakers began debating on Tuesday a contentious media bill, proposed by President Tayyip Erdogan's AK Party and its nationalist allies, that the opposition and media rights groups say will intensify a years-long crackdown on critical reporting.
European Shares Log Best Day Since Mid-March As Interest Rate Angst Eases
European shares rose sharply on Tuesday, in line with global peers, boosted by growing hopes that central banks may ease the pace of future interest rate hikes as they attempt to bring down high inflation.
Lowly Wax Worm's Saliva May Boost Fight Against Plastic Pollution
Two substances in the saliva of wax worms - moth larvae that eat wax made by bees to build honeycombs - readily break down a common type of plastic, researchers said on Tuesday, in a potential advance in the global fight against plastic pollution.
Spain's Draft 2023 Budget Bolsters Social And Defence Spending
Spain's cabinet on Tuesday settled on a 2023 draft budget after tough negotiations within the leftist coalition that concluded with increases in social and also military spending, and the extension of free rail travel passes.
Country Music Star Loretta Lynn Dies At Age 90
Loretta Lynn, the coal miner's daughter and moonshiner's wife who became one of American country music's biggest stars and a leading feminist, died on Tuesday at the age of 90, her family said on Twitter.
Nobel Physics Prize Goes To Sleuths Of 'Spooky' Quantum Science
Scientists Alain Aspect, John Clauser and Anton Zeilinger won the 2022 Nobel Prize in Physics for experiments in quantum mechanics that laid the groundwork for rapidly-developing new applications in computing and cryptography.
Kerry: Western Ministers Dodged 'Family Photo' With Russian Envoy At Climate Talks
U.S. climate envoy John Kerry said on Tuesday some Western ministers avoided a so-called family photo of participants at climate talks in Kinshasa because they were uncomfortable with the presence of Russia's representative.
White House Guidelines For AI Aim To Mitigate Harm
The White House on Tuesday proposed a non-binding Artificial Intelligence (AI) Bill of Rights that it said would help parents, patients and workers avert harm from the increasing use of automation in education, health care and employment.
Europe May Avoid Gas Disaster This Winter, Next Could Be Worse -Trafigura Exec
Europe may avoid a gas disaster this winter, thanks to signs of demand reduction and solid inventories, but next winter could be worse as the balance of gas will be much less, a top executive at energy trader Trafigura said on Tuesday.
Sudanese Civilian Groups Ask U.N. To Help Contain Paramilitary Forces
Sudanese pro-democracy groups are about to ask the country's United Nations mission to help them integrate a paramilitary force and former rebel factions into a unified army, or disarm and demobilise them, a draft letter seen by Reuters shows.
Nestle Pledges $1 Billion To Coffee Sustainability Plan
Nestle will spend more than 1 billion Swiss francs ($1 billion) by 2030 on efforts to source coffee sustainably, the food company said on Tuesday, more than double its previous pledge.
Analysis-Canada Top Court Ruling On Asylum-seeker Pact With U.S. May Have Ripple Effects, Lawyers Say
A years-long fight over what Canada owes would-be refugees will have its day in the country's highest court Thursday and the decision could have implications beyond the asylum system, affecting how Canada's laws are challenged and how people prove their rights have been breached.
Some UK Property Funds Defer Investor Withdrawals
Some of Britain's top open-ended property funds are rolling out new measures to manage investor exit requests, as challenges in meeting redemptions continue to rise amid a sell-off in some UK risk assets.
U.S. Shale Producers To Stay On Sidelines If OPEC+ Slashes Output
A big oil production cut by OPEC+ members will not spur new U.S.
Lula And Bolsonaro Court New Allies For Competitive Brazil Runoff
Brazilian President Jair Bolsonaro and his leftist challenger were hunting endorsements on Tuesday, party officials said, as they fine tuned their campaigns for a runoff in an election that has proven more competitive than expected.
OPEC+ Supply Cuts Loom Over Already Tight Oil Market
OPEC+ producers look set to cut output when they meet on Wednesday, squeezing supply in an oil market that energy company executives and analysts say is already tight due to healthy demand, lack of investment and supply problems.
Explainer-What Is LDI? Liability-Driven Investment Strategy Explained
The Bank of England intervened in the UK government bond market to rein in gilt yields, which rocketed after Britain unveiled a welter of tax cuts to be funded by borrowing on markets.
Head Of EU's Lending Signals Joint Action Plan For COP And Giant Ukraine Fund
The head of the European Union's powerful lending arm has urged leaders not to backslide on climate targets amid the energy crisis and signalled a joint action plan from the world's top development banks at next month's COP 27 summit and on Ukraine.
Former Tesla Executive Joins Board Of Rival Automaker GM
A former Tesla senior executive and chief operating officer at ride hailing company Lyft is joining General Motors board of directors.
Analysis-Tesla Could Face Its Toughest Challenge Yet As Economy Cools
As recently as July, Tesla Chief Executive Elon Musk said the electric-car maker did not have a problem with customer demand, simply a problem making and shipping all the Model Ys and Model 3s consumers were ready to buy.
Investors Fly Blind As Key Bank Of Canada Inflation Gauge Misfires
Canadian economists are scrambling for a reliable measure to track underlying inflation as large and frequent revisions have dented the credibility of a key Bank of Canada yardstick, even as the central bank said it was sticking with its core measures.
Wall St Set To Open Higher As Easing Treasury Yields Lift Growth Stocks
Wall Street futures rose more than 1% on Tuesday as easing U.S.
Pakistan Out Of Money For Flood Recovery, UN Boosts Aid Request- Minister
Pakistan is out of money to spend on recovery from recent devastating floods, its climate change minister said on Tuesday, urging prompt international help at the U.N.
Jeff Bezos Fund To Push For Africa Land Restoration Around U.N. Climate Summit
Billionaire Jeff Bezos's environmental fund is seeking to build a coalition with African and European countries around this year's U.N.
Lula Advisers Eye Rivals' Programs To Consolidate Brazil Election Alliances
As former Brazilian President Luiz In?cio Lula da Silva looks to consolidate his lead in the presidential race ahead of an Oct.
Exclusive-White House Rules Out Ban On Natural Gas Exports This Winter
The White House has ruled out any ban or curbs on natural-gas exports this winter, in a bid to help alleviate energy shortages in Europe, according to two people directly involved in the discussions.
Pressure On Germany As Energy Crunch Revives EU Divisions Over Joint Debt
Two top European Union officials on Tuesday called for joint borrowing to help the 27-nation bloc navigate the energy crunch together, after Germany faced criticism for going its own way with huge subsidies its peers could never afford.