Reuters Wire
European Union Seeks to Secure World’s First Carbon Border Tariff
BRUSSELS, Belgium — The European Union (EU) is hoping to reach a deal late on Monday, Dec. 12 to impose a carbon dioxide tariff on imports of polluting goods such as steel and cement —...
FTX Founder Bankman-Fried ‘Willing to Testify’ Before US House Panel, Tweet
FTX's Sam Bankman-Fried is willing to testify before the U.S. House Committee on Dec. 13, the cryptocurrency exchange's founder said in a tweet on Friday, as regulators investigate his role in the wake of its...
As China Loosens COVID Restrictions, Protesters Fear Retribution
By Yew Lun Tian and Jessie Pang BEIJING/HONG KONG — Late last month, Shanghai resident Pei was one of many people who came out in support of historic protests against China's COVID-19 curbs, including filming...
Japan and Australia Commit to Strengthen Military Cooperation in Asia-Pacific
Japan and Australia's foreign and defence ministers vowed to deepen their countries' defence cooperation at a "two-plus-two" meeting in Tokyo on Friday (December 9). "The conversations today have proceeded with the understanding that we live...
Twitter to Introduce New Controls for Ad Placements: Reuters Exclusive
By Sheila Dang Twitter Inc will roll out new controls as soon as next week to let companies prevent their ads from appearing above or below tweets containing certain keywords, the social media platform told...
Keystone Pipeline Shut After 14,000-Barrel Oil Spill in Kansas
By Brijesh Patel, Rod Nickel, and Nia Williams Canada's TC Energy shut its Keystone pipeline in the United States after more than 14,000 barrels of crude oil spilled into a creek in Kansas, making it...
France’s Central Bank Sees Slight Fourth Quarter Growth
PARIS, France —The French economy is on course to finish the year with slightly positive growth in the fourth quarter, the country's central bank revealed on Thursday, Dec. 8 in its monthly outlook. The euro...
US Imposes Sanctions on Turkish Businessman, Citing Links to Iran’s Quds Force
WASHINGTON, United States — The Biden administration on Thursday, Dec. 8 imposed sanctions on prominent Turkish businessman Sitki Ayan and his network of companies — accusing him of acting as a facilitator for oil sales...
U.S. Military Bill Features Up to $10 Billion to Boost Taiwan
By Patricia Zengerle WASHINGTON - The U.S. Congress is expected to start voting as soon as Wednesday on a massive military policy bill, including authorization of up to $10 billion in security assistance and fast-tracked...
New Peru President Sworn In, Predecessor Castillo Arrested
By Marco Aquino LIMA - Peru swore in a new president on Wednesday after a day of political drama that saw leftist leader Pedro Castillo arrested after his ousting from office in an impeachment trial...
Foxconn’s COVID-Hit China Plant Lifts “Closed-Loop” Management Curbs
LONDON - HONG KONG, Dec 8 - Apple supplier Foxconn's COVID-hit Zhengzhou facility in China has lifted its "closed-loop" management curbs on Thursday, it said in a statement posted on its WeChat account. The Zhengzhou...
Investment Firm Vanguard Quits Net Zero Climate Effort Citing ‘Need for Independence’
Global investment firm Vanguard is pulling out of a major investment-industry initiative on tackling climate change in order to show that it acts independently and to provide clarity on its views to investors, the world's...