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Energy investment strategy update fails to win over environmentalists

Energy investment strategy update fails to win over environmentalists

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June 24 (Reuters) – Years-long talks over updating an international energy investment ended on Friday with a provisional deal which would allow the exclusion of fossil fuels interests but not fast enough to silence environmental campaigners’ complaints that it generals efforts to curb climate climate change. The 1994 Energy Charter Treaty (ECT) was designed to …

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GLOBAL ECONOMY US recession fears darken outlook for global growth

GLOBAL ECONOMY US recession fears darken outlook for global growth

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WASHINGTON/LONDON/TOKYO, June 23 (Reuters) – Manufacturing growth is slowing worldwide as China’s COVID-19 curbs and Russia’s invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a US recession poses a new threat to the global economy. Gauges of factory activity released Thursday in Japan, Britain, …

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Banks, energy stocks fuel rebound in European shares

Banks, energy stocks fuel rebound in European shares

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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 17, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Construction & materials among worst hit sectors ECB’s Lagarde reaffirms rate hike plans Renault jumps after Jefferies upgrade June 20 (Reuters) – European stocks rose strongly …

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