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By Ahmad Ghaddar LONDON (Reuters) – Oil prices crept higher on Thursday as a lower-than-expected drop in U.S. crude inventories and a weaker demand outlook kept investors cautious. September Brent futures climbed 6 cents, or 0.1%, to$79.52 a barrel by 0929 GMT, while August U.S. West Texas Intermediate (WTI) crude gained 21 cents, or 0.3%, to $75.56 a barrel. The August WTI contract expires on Thursday. The more active September […]

TOKYO (Reuters) – The Bank of Japan on Thursday kicked off a series of discussions with 60 companies on a pilot programme for developing a digital yen, joining peers around the globe ramping up efforts towards issuing digital versions of their currencies for retail use. The discussions will touch on various themes including the business and technological features of retail settlements using a central bank digital currency (CBDC), the central […]

By Alasdair Pal and Nathan Frandino SYDNEY/AUCKLAND (Reuters) – New Zealand opened the ninth Women’s World Cup with a shock win against former champions Norway on Thursday, after a shooting near the Norwegian team hotel in the country’s largest city of Auckland that left three dead and six injured. Police said the shooter was among those killed and the danger from the incident was over, while New Zealand Prime Minister […]

WASHINGTON (Reuters) – U.S. President Joe Biden will announce the first offshore wind power development rights sale in the Gulf of Mexico on Thursday as part of a trip to highlight the administration’s efforts to boost renewable energy, the White House said. In February the United States proposed to expand offshore wind power development into the Gulf of Mexico, introducing the nascent clean energy industry into a major hub for […]

By Valerie Volcovici and David Stanway BEIJING/SINGAPORE (Reuters) – Climate talks this week between China and the United States were buoyed by goodwill, but the world’s two biggest carbon polluters achieved more on righting their diplomatic relationship than battling climate change. Despite a strong rapport between the countries’ veteran envoys, expectations for a breakthrough were low when John Kerry and Xie Zhenhua sat down for three days of talks in […]

AUCKLAND (Reuters) – Hannah Wilkinson scored a second-half winner to send underdogs New Zealand to a 1-0 win over Norway at Eden Park on Thursday, kicking off their Women’s World Cup campaign at home with an extraordinary upset over the former champions. The Football Ferns had never won a World Cup match before and Wilkinson’s goal from close range early in the second half, off a laser-like cross from Jacqui […]

By Amy-Jo Crowley LONDON (Reuters) -Three major bidders for the consumer data arm of UK business media group Ascential have walked away from the auction, people familiar with the situation said, putting a question mark over attempts to break up the 1 billion pound ($1.29 billion) group.  London-listed Ascential had intended to sell the business, known as WGSN, as part of a break-up plan announced in January, and began in […]

By Tanvi Mehta NEW DELHI (Reuters) -Prime Minister Narendra Modi on Thursday condemned the alleged sexual assault of women in Manipur state as “shameful” and promised tough action, his first comments on ethnic clashes in the remote northeast which have killed at least 125 people. The clashes began in early May and much of the violence was put down by the middle of that month. However, sporadic violence and killings […]

By Amy-Jo Crowley LONDON (Reuters) -Three major bidders for the consumer data arm of UK business media group Ascential have walked away from the auction, people familiar with the situation said, putting a question mark over attempts to break up the 1 billion pound ($1.29 billion) group.  London-listed Ascential had intended to sell the business, known as WGSN, as part of a break-up plan announced in January, and began in […]