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ECB may have to cool growth to control inflation, Lagarde says
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Big Pharma may have to reveal government deals in WHO’s draft pandemic rules
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Analysis-U.S. regulators could be pressured by slim Republican House control
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UK’s Royal Mail workers to strike in run-up to Christmas
Bankers bet billions on new wave of debt-for-nature deals
Date: November 18, 2022
By Clare Baldwin, Marc Jones and Simon Jessop SHARM EL-SHEIKH, Egypt (Reuters) – The Galapagos Islands, whose thousands of unique species inspired Darwin’s theory of evolution, have incalculable ecological value. But what are they worth? Perhaps around $800 million, judging by the size of a “debt-for-nature” swap deal that could see Ecuador’s debts cut in...
‘Wave’ of lawsuits over FTX expected, but investors will face legal hurdles
Date: November 18, 2022
By Jody Godoy (Reuters) – A lawsuit by FTX account holders in the United States is likely the first of many that will be brought over billions of dollars in losses on the cryptocurrency exchange, though the cases will face obstacles including proving that U.S. securities law applies to FTX’s products, experts said. The lawsuit,...
Explainer-How the World Health Organization might fight future pandemics
Date: November 18, 2022
By Emma Farge GENEVA (Reuters) – Negotiations on new rules for dealing with pandemics are underway at the World Health Organization (WHO), with a target date of May 2024 for a legally binding agreement to be adopted by the U.N. health agency’s 194 member countries. A new pact is a priority for WHO chief Tedros...
EU to propose natural gas price cap after Nov. 24 meeting
Date: November 17, 2022
By Kate Abnett SHARM EL-SHEIKH, Egypt (Reuters) – The European Commission plans to propose a cap on natural gas prices after Nov. 24, as it seeks to contain an energy crisis stemming from Russia’s invasion of Ukraine, the EU’s energy policy chief told Reuters on Wednesday. The 27-country European Union has for months debated whether...
COP27 negotiators still far apart on strong climate deal
Date: November 17, 2022
By Dominic Evans, Aidan Lewis and Jake Spring SHARM EL-SHEIKH, Egypt (Reuters) -Countries were far from agreeing the contours of a climate deal at the COP27 summit in Egypt on Wednesday, with the host country urging negotiators to resolve their differences ahead of a weekend deadline. The outcome of the conference in Sharm el-Sheikh is...
Russian McDonald’s buyer turns to logistics with HAVI purchase
Date: November 17, 2022
(Reuters) – The owner of McDonald’s former restaurants in Russia, Alexander Govor, is buying privately-owned Russian logistics company HAVI, which has 14 distribution centres, his firm said on Wednesday. The Siberian businessman has been prominent during the sanctions-inflicted corporate upheaval as Western companies shut up and left after Russia’s invasion of Ukraine in February. Govor...