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By Kate Abnett, Nailia Bagirova and Karin Strohecker BAKU (Reuters) -Countries at the COP29 climate summit were warned on Wednesday that the “hardest part” was about to start in talks over how much money should be provided to developing countries to help them cope with climate change. Figuring out what…
Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues.Neom’s plans include a stadium for the 2034 World Cup and a winter sports resort.The new city faces financial challenges, leadership changes, and scrutiny over human rights issues. Saudi Arabia is changing plans for mega-city Neom…
As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Thursday, October 10, 2024. The Consumer Price Index (CPI), Core CPI, and Initial Jobless Claims will be in the spotlight, providing key insights into inflation trends…
By Arathy Somasekhar HOUSTON (Reuters) – Rising oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, eroding the significance of the Cushing, Oklahoma, storage hub. Since U.S. WTI Midland crude oil transactions joined the dated price assessment a year ago, U.S.…
If you were among the many “Yellowstone” fans holding out hope that Kevin Costner would return to the show after all, we hate to break it to you but it’s not looking likely.In first-look photos of the second half of the hugely popular Paramount Network series, a new generation of…
Before competing at her first pageant, all Alma Cooper had was just her mom and a dream.She competed at Miss Michigan Teen USA 2016 in a dress from Facebook Marketplace, which her mother had bejeweled with hundreds of beads.”I can’t even put into words this surreal feeling,” Cooper told Business…
Former President Donald Trump is starting to get a reputation for commenting on Taylor Swift.On Thursday, Trump joined House Republicans for what was billed as a policy discussion to plan for the GOP’s agenda if the former president wins in November. The gathering repeatedly went off the rails, according to…
By Jody Godoy (Reuters) – The U.S. Justice Department and the Federal Trade Commission have reached a deal that clears the way for potential antitrust investigations into the dominant roles that Microsoft (NASDAQ:), OpenAI and Nvidia (NASDAQ:) play in the artificial intelligence industry, according to a source familiar with the…
Biden released the draft text for his new student-loan forgiveness plan.Borrowers will have a 30-day public comment period to provide feedback on the proposals.The Education Department aims to begin implementing the relief as early as this fall. Millions of student-loan borrowers are moving closer to President Joe Biden’s new plan…
By Jan Lopatka and Michael Kahn PRAGUE (Reuters) – Michal Strnad, who a decade ago became head of CSG, a family defence business, is closing in on buying U.S. ammunitions maker Kinetic Group that will transform a company that started by buying tanks for scrap into a key player in…