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 …
Bankers bet billions on new wave of debt-for-nature deals Read More »
By Jennifer Rigby and Emma Farge LONDON (Reuters) – Pharmaceutical companies could be made to disclose prices and deals agreed for any products they make to fight future pandemics, under new rules being drawn up by the World Health Organization and reviewed by Reuters. A draft version of the WHO’s pandemic accord, which it hopes …
Big Pharma may have to reveal government deals in WHO’s draft pandemic rules Read More »
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, …
‘Wave’ of lawsuits over FTX expected, but investors will face legal hurdles Read More »
By Paresh Dave OAKLAND, Calif. (Reuters) -Alphabet Inc’s Google has struck deals with at least 24 big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc about $360 million over three years, according to a court filing on Thursday. Google also agreed in 2020 to …
Google agreed to pay $360 million to Activision to stop competition, Epic Games alleges Read More »
By Filipp Lebedev (Reuters) -U.S. basketball star Brittney Griner, facing nine years behind bars in Russia after being convicted on drug charges, has been transferred to a penal colony about 500 km (300 miles) southeast of Moscow, her lawyers said on Thursday. Griner was sentenced in August following her arrest at a Moscow airport in …
Brittney Griner transferred to Russian penal colony Read More »
By Nigel Hunt and Jonathan Saul LONDON (Reuters) – A deal to free up vital grain exports from Ukraine’s southern Black Sea ports – which had been due to expire on Nov. 19 – was extended on Thursday for 120 days. The agreement, originally reached in July, created a protected sea transit corridor and was …
Explainer-Can Ukraine’s grain deal ease the global food crisis? Read More »
By William James and Katy Daigle SHARM EL-SHEIKH, Egypt (Reuters) -The U.N. climate agency published a first draft on Thursday of a hoped-for final agreement from the COP27 climate summit, repeating many of last year’s goals while leaving contentious issues still to be resolved. The 20-page document is labelled a “non-paper”, indicating it is far …
PARIS (Reuters) – Protesting workers demanding higher salaries disrupted a Christmas tree-lighting ceremony under the historic dome of the Paris department store Galeries Lafayette on Wednesday. “Not happy! Not happy,” protesters chanted, waving union flags and tooting horns as store director Alexandre Liot tried to address journalists. A popular shopping destination, especially for American and …
Paris workers disrupt Galeries Lafayette Christmas tree-lighting ceremony Read More »
BANGKOK (Reuters) – World leaders arrived in Thailand on Thursday ahead of the Asia-Pacific Economic Cooperation (APEC) forum, the last of several of summits in the region that have been dominated by geopolitical tensions over the war in Ukraine. Thai Prime Minister Prayuth Chan-ocha, who is hosting the 21-member bloc starting Friday, said at a …
Geopolitics to stay in focus at APEC summit in Thailand Read More »
BUCHAREST (Reuters) – Romanian military prosecutors said on Wednesday they are investigating seven soldiers and a civilian for stealing roughly seven tonnes of fuel from a NATO military air base in the eastern county of Constanta. Prosecutors have detained the eight suspects and are asking the court to approve temporary 28-day arrest warrants. “The soldiers …
Romanian prosecutors investigate fuel theft at NATO military base Read More »
