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Yellen says Russia should be expelled from G20, U.S. may boycott some meetings
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Solar, wind and diesel: European companies tool up in energy crisis
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Bond yields snap 4-day rising streak, offer respite to stocks
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EU’s full ban on Russian coal to be pushed back to mid-August -sources
UK financial watchdog promises to shut down failing firms faster
Date: April 7, 2022
By Huw Jones LONDON (Reuters) – Britain’s financial watchdog said on Thursday it will create 80 new jobs to shut down problem companies faster as it faces pressure from lawmakers to deal with corporate collapses more efficiently and tackle a rising volume of scams. The Financial Conduct Authority said its new three-year strategy plan would...
Analysis-As tougher climate disclosures hit, campaigners scour for laggards
Date: April 7, 2022
By Kirstin Ridley and Simon Jessop LONDON (Reuters) -A push by Britain to toughen up corporate environmental disclosures will cast a spotlight on climate change dawdlers as campaigners increasingly turn to the courts to force a speedier transition to a low-carbon economy. Almost 2,000 climate change-related lawsuits have been launched around the world to date,...
Britain plans nuclear and offshore turbines to boost energy independence
Date: April 7, 2022
By Kate Holton and Susanna Twidale LONDON (Reuters) – Britain set out plans to expand nuclear and offshore wind power on Thursday to bolster its energy independence, but a failure to target improved energy efficiency even as heating costs surge was attacked for lacking ambition. With energy prices hitting record highs this year, driven in...
EBRD warns war in Ukraine will impact 2022 finances, after record profit
Date: April 7, 2022
By Rachel Savage LONDON (Reuters) – The European Bank for Reconstruction and Development said on Thursday that Russia’s war in Ukraine would have a significant impact on its finances this year, as it reported its highest ever profit in 2021. The EBRD, which on Monday suspended Russia and Belarus from access to its financing, said...
IEA countries to tap 60 million barrels of oil on top of U.S. release
Date: April 6, 2022
By Timothy Gardner and Noah Browning WASHINGTON (Reuters) -International Energy Agency states agreed to tap 60 million barrels of oil from storage, the director of the group said on Wednesday, on top of a 180 million-barrel release announced by Washington last week aimed at cooling prices after Russia’s invasion of Ukraine. The move by the...
Beware the IoT data deluge: turning insights into action for better social care and housing
Date: April 6, 2022
By Lynley Meyers Product Marketing Manager at Netcall People are living longer, prompting an urgent need for greater levels of social care, including residential care, to protect the elderly and vulnerable members of the society. The problem is that social care has been historically underfunded and that only looks set to get worse. In fact,...