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Exclusive: Investors with $34 trillion demand urgent climate change action

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LONDON (Reuters) – Investors managing more than $34 trillion in assets, nearly half the world’s invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world’s 20 biggest economies meeting this week. FILE PHOTO: A commuter walks along Waterloo Bridge, which is being blocked by climate change activists, Read More

Tesla likely to miss record second-quarter delivery target: Electrek

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FILE PHOTO: A Tesla Model 3 is seen in a showroom in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson (Reuters) – Shares of Tesla Inc fell 1.3% on Tuesday after news website Electrek reported that the electric-car maker has so far delivered 49,000 vehicles in North America during the second quarter and may Read More

Powell says Fed insulated from politics, wrestling with rate cuts

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NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” and that its policymakers are wrestling with whether to cut interest rates as President Donald Trump has demanded. FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Read More

Powell says Fed is wrestling with whether to cut rates, insulated from politics

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NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” as policymakers wrestle with whether to cut rates as President Donald Trump has demanded. FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Open Market Committee meeting Read More

Hackers hit global telcos in espionage campaign: cyber research firm

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TEL AVIV (Reuters) – Hackers have broken into the systems of more than a dozen global telecoms companies and taken large amounts of personal and corporate data, researchers from a cyber security company said on Tuesday, identifying links to previous Chinese cyber-espionage campaigns. FILE PHOTO: A man holds a laptop computer as cyber code is Read More

‘All Russians are bastards!’ declares Ukrainian delegate to PACE

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Tempers have been running high at the PACE this week as the rights body is about to reinstate Russia as a fully-fledged member. One of Ukraine’s delegates went as far as declaring all Russian ‘bastards’ for the cameras. The outburst came from Borislav Beryoza, a Ukrainian MP with a long record of disruptive behavior that Read More

International Petroleum Corporation announces commencement of drilling program in Malaysia

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TORONTO, June 25, 2019 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that it has commenced drilling of the first well in a planned multi-well drilling program on Block PM307, located offshore Peninsular Malaysia. IPC is the operator of Block PM307 and holds a 75% working interest, with Read More

Iran says talks with US are impossible amid fresh sanctions

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Iran’s UN ambassador is warning that the tensions on the Persian Gulf are “very dangerous” and said that talks with US are impossible amid the escalation of sanctions. It comes as US President Donald Trump signed off “hard-hitting” sanctions against Iran which he says will target the country’s supreme leader Ayatollah Ali Khamenei. Ambassador Majid Read More

Stocks suffer trade jitters, dollar braced for more Fed talk

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SYDNEY (Reuters) – Asian shares were hamstrung by trade worries Tuesday as expectations of more dovish talk from the Federal Reserve pushed down Treasury yields and the dollar, while propelling gold prices to six-year peaks. FILE PHOTO: An investor watches stock prices at a brokerage office in Beijing, China July 6, 2018. REUTERS/Jason Lee Investors Read More