OECD-backed group calls for global pact to solve water crisis

By David Stanway SINGAPORE (Reuters) – Countries need a new international pact to fix a mounting water crisis that could cut economic growth by at least 8% and put half…

US oil futures off lows after API inventory shows surprise decline in crude stocks

Investing.com — U.S. crude oil futures were higher in post-settlement trading Wednesday after the American Petroleum Institute reported an unexpectedly decrease in weekly domestic crude stocks. Crude Oil WTI Futures,…

Oil prices settle lower adding to recent losses

Investing.com– Oil prices settled lower Wednesday, adding to bruising losses over the past week as the prospect of a less severe escalation in the Middle East and weak demand weighed.…

US dollar rallies on Fed outlook, potential Trump win; inflation weighs on pound

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar firmed on Wednesday, hitting an 11-week high, as investors ruled out a hefty interest rate cut from the Federal Reserve at…

US Supreme Court won’t pause EPA power plant emissions rule

(Reuters) – The U.S. Supreme Court declined on Wednesday to put on hold a new federal rule targeting carbon pollution from coal- and gas-fired power plants at the request of…

UK FCA Issues Warning on Clone Firm Mimicking APM Capital Markets

Financial Conduct Authority (FCA) issued a notice flagging a company purporting to be APM Capital Markets Limited, an affiliated company to the entity that bought BUX Financial Services. According to…

Oil prices hold at 2-week low on lower oil demand growth forecasts

By Scott DiSavino NEW YORK (Reuters) -Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on forecasts for less oil demand…

Oil prices hold near 2-week low on lower oil demand growth forecasts

By Alex Lawler LONDON (Reuters) -Oil prices steadied on Wednesday as uncertainty looms over what may happen next in the Middle East conflict, while an outlook for ample supply next…

Biden has approved $1.8 billion for hurricane relief so far

By Trevor Hunnicutt WASHINGTON (Reuters) -The Biden administration has approved more than $1.8 billion for recovery efforts following hurricanes Helene and Milton, the White House said on Wednesday. The spending…

South Africa’s Regulator Withdraws Banxso’s License Following Regulatory Scrutiny

South Africa’s financial regulator withdrew the license for the online trading platform Banxso. Financial Sector Conduct Authority (FSCA) cited concerns regarding the firm’s operational practices and potential risks posed to…