World Bank Exclusive IFC Uses Blockchain to Offset Carbon

A tree about to be planted is seen during a reforestation project in Nova Motum, Brazil, February 19, 2020. Photo taken February 19, 2020. REUTERS/Alexandre Menegini/File Photo Register now to get free unlimited access to Reuters.com Register IFC participated in the launch of the Carbon Opportunity Fund A platform to help sell and track credits … Read more

Expensive pencils and paper: American educators learn about inflation

NEW YORK (Reuters) – Teachers face a hard lesson as inflation has driven up the cost of everything from paper to pencils before the school year begins, prompting some to scale back supplies — or replace them with cheaper things. “If you ask any teacher, is it Ticonderoga pens,” said Christina Eisenhower, 35, an education … Read more

NBA star Greiner pleads guilty to Russian drug charges, but denies intent

This content was produced in Russia where coverage of Russian military operations in Ukraine is restricted by law Khimki, Russia (Reuters) – NBA star Britney Grenier pleaded guilty to a drug charge in a Russian court on Thursday but denied she had intentionally broken the law. Greiner was speaking at the second hearing of her … Read more

US retail sales stabilize on the back of lower gasoline prices; Flexibility of consumer spending

People shop for clothes at retail chain Target in Westbury, New York, US, May 20, 2021. REUTERS/Shannon Stapleton/File Photo Register now to get free unlimited access to Reuters.com Register Retail sales were unchanged in July. June sales review down Gasoline and cars represent steady sales Core retail sales rose 0.8% WASHINGTON (Reuters) – U.S. retail … Read more

Exclusively Biden’s Emergency Board calls for rail wage hikes to resolve contract talks

US President Joe Biden walks to Air Force One as he departs for Washington, DC from Joint Base Charleston, South Carolina, US, August 16, 2022. REUTERS/Joshua Roberts Register now to get free unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Aug 16 (Reuters) – U.S. President Joe Biden’s Emergency Council tasked with helping major rail and … Read more

Starbucks seeks to stop union elections in US cafes, claims misconduct

NEW YORK (Reuters) – Starbucks Corporation (SBUX.O) On Monday, it accused the Federal Labor Council of overseeing union elections in its US cafes of misconduct and demanded that elections be suspended across the country pending the outcome of the investigation. The coffee shop chain said in a letter to National Labor Relations Board (NLRB) President … Read more

US housing starts near the lowest level in 1-1/2 years; Factory production regression

Housing Starts Down 9.6%; Building permits decreased 1.3% Single household begins to decline by 10.1%; Permits drop 4.3% Home construction backlog up 5.0% Industrial production rebounded 0.7% WASHINGTON (Reuters) – U.S. home construction fell to its lowest level in nearly a year and a half in July, dragged down by higher mortgage rates and building … Read more

Philips parts ways with CEO in the midst of massive recalls

Van Houten leaves after nearly 12 years in office To be replaced on October 15 by Connected Care President Jacobs Stocks are up 2%, but down over 50% since the product recall AMSTERDAM (Reuters) – Philips (PHG.AS) The Dutch health technology company said, on Tuesday, that CEO Frans van Houten will leave the company in … Read more

Oil reverses losses, demand concerns remain

China unexpectedly cuts key interest rates as economic data disappoints Iran responds to EU nuclear text and seeks US flexibility Oil production in the Permian Basin will rise to a record high in September -EIA Coming soon: API data on US oil inventories at 4:30 PM ET LONDON (Reuters) – Oil prices rose on Tuesday … Read more

China unexpectedly cuts key interest rates as economic data disappoints

Leading indicators slowed from June, below expectations Youth unemployment reached a record level in July Real estate investment, sales decline, house price declines deepen The People’s Bank of China cuts key interest rates to revive credit demand BEIJING/SHANGHAI (Reuters) – China’s central bank cut key lending rates in a surprise move on Monday to revive … Read more