The global oil market points to short-term weakness ahead of the EU embargo on Russian oil

NEW YORK (Reuters) – The global oil market is signaling a possible turnaround, as traders and analysts worry about lower demand for crude and an oversupply market in the coming months. After months of strength, crude oil futures are tipping to lows not seen all year as top oil consumer China enters additional COVID-19 lockdowns … Read more

Canada to enhance defense and cyber security in Indo-Pacific policy, focus on ‘disruptive’ China

OTTAWA, Nov. 27 (Reuters) – Canada launched its long-awaited Indo-Pacific strategy on Sunday, outlining C$2.3 billion ($1.7 billion) in spending to bolster military and cyber security in the region and pledging to engage with China. troubled.” While working with her on climate change and trade issues. The plan, detailed in a 26-page document, said Canada … Read more

Reality destroys some of the Qataris’ dreams of renting out the World Cup

The agency says the Qatari hotel group has requested new payments Some prices have been lowered, but many properties are empty The broker says some landlords have sought unrealistic rents DOHA (Reuters) – Qatar has found itself with an unexpected glut of rooms in the packed World Cup group stage, with online portals listing rooms … Read more

Ukraine promises to provide shelter for its people with the onset of winter

“Invincible centers” to provide heating, water and the Internet Widespread power outages due to Russia targeting the electricity grid The Group of Seven will soon announce the ceiling for Russian oil prices – an American official Kyiv (Reuters) – Ukraine has promised shelters with heat and water and encouraged its people to conserve energy as … Read more

A bleak winter looms as Russian strikes cripple Ukraine’s energy capacity

Ukrainians with little or no warming up after the bombing Temperatures in several areas are already below freezing Kherson residents receive an offer to evacuate to safer areas Ukrainian security forces raid the famous Kyiv Monastery Kyiv (Reuters) – President Volodymyr Zelensky pleaded with Ukrainians to conserve energy amid relentless Russian strikes that have halved … Read more

COP27 offers a breakthrough in the climate fund at the cost of advances in emissions

The COP27 climate summit ends after long negotiations at the end of the week Delivers final agreement on the creation of a landmark climate finance fund Negotiators say some have blocked tougher emissions targets SHARM EL SHEIKH, Egypt (November 20) (Reuters) – Countries wrapped up this year’s United Nations climate summit on Sunday with a … Read more

The European Union supports the COP27 call for a phase-out of all fossil fuels

SHARM EL SHEIKH, Egypt (Reuters) – The European Union’s head of climate policy, Frans Timmermann, said on Tuesday that the European Union supports India’s call to reduce fossil fuel use under the COP27 agreement, provided it does not weaken it. Previous agreements on limiting coal use. India, the world’s second largest buyer of coal, wants … Read more

Ukraine’s Kherson races to restore energy and water after Russia’s withdrawal

The humanitarian situation in Kherson is “extremely difficult” – official Authorities are working to restore vital services Joy mixes with concerns about water and energy for Kherson residents Residents recount the violations committed by the occupation forces Fighting rages in Donetsk and eastern Luhansk regions Kherson, Ukraine (Reuters) – Public utilities companies in Kherson are … Read more

Exclusive: Tesla considering exporting Chinese-made electric cars to US sources

SHANGHAI, November 11 (Reuters) – TESLA (TSLA.O) Two people familiar with the planning are considering exporting electric cars made in China to the United States, a reversal that would reflect the automaker’s deep cost advantage at its Shanghai plant and sluggish demand from Chinese consumers. Tesla is studying whether parts made by its suppliers in … Read more

As the yen drops, gadget-loving Japan turns to used iPhones

TOKYO (Reuters) – For years Japanese shoppers have been eagerly waiting for the latest hardware, but now a weaker yen has put new iPhones out of reach for some and sparked a growing second-hand trade in a key market for Apple Inc. (AAPL.O). The Japanese currency’s slide to a 32-year low against the dollar has … Read more