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Wall St Week Ahead-Tech giants' earnings may be another test for markets at new highs

By Lewis Krauskopf NEW YORK, Oct 22 (Reuters) - Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields. Apple Inc AAPL.O , Microsoft Corp MSFT.O , Google parent
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Croatia's right-wing eurosceptics seek referendum on euro adoption

ZAGREB, Oct 24 (Reuters) - Croatia's conservative and eurosceptic party Hrvatski Suverenisti (Croatian Sovereignists) began a two-week drive on Sunday to collect signatures in a bid to force a referendum on whether to adopt the euro as the country's currency. The eurosceptic party, which has four deputies in the 151-seat parliament, and some small

Erdogan's critics say demand for expulsions is distraction from economy woes

* Erdogan dragging Turkey to precipice, opposition head says * Kavala in prison since late 2017 without conviction * Turkish lira has lost nearly quarter of value this year * Polls show support for Erdogan falling ahead of 2023 elections By Daren Butler and Jonathan Spicer ISTANBUL, Oct 24 (Reuters) - President Tayyip Erdogan's political opponents

China says must consider supply chain, food and energy security when curbing emissions

BEIJING, Oct 24 (Reuters) - China's cabinet on Sunday outlined measures to achieve a transition to a low carbon economy but said the supply chain, food and energy security must be considered amid its efforts to cut pollution and carbon emissions. Chinese President Xi Jinping last year announced that the country would bring its carbon emissions to a

Saudi Arabia wants to be top supplier of hydrogen - energy minister

DUBAI, Oct 24 (Reuters) - Saudi Arabia wants to be the biggest supplier of hydrogen, the country's Energy Minister Prince Abdulaziz bin Salman al-Saud said on Sunday. The world's biggest oil exporter intends to produce and export something within the neighborhood of about 4 million tons of hydrogen by 2030, the minister added. The chief executive o

19 cases recorded in eastern Europe hit 20 million

(Updates to show 20 million figure reached) By Roshan Abraham, Shaina Ahluwalia and Rittik Biswas Oct 24 (Reuters) - The number of coronavirus infections recorded so far in eastern Europe surpassed 20 million on Sunday, according to a Reuters tally, as the region grapples with its worst outbreak since the pandemic started and inoculation efforts la

Saudi Arabia wants to be top supplier of hydrogen - energy minister

DUBAI, Oct 24 (Reuters) - Saudi Arabia wants to be the biggest supplier of hydrogen, the country's Energy Minister Prince Abdulaziz bin Salman al-Saud said on Sunday. The world's biggest oil exporter plans to manufacture electric cars, the minister added. Reporting by Saeed Azhar and Yousef Saba; writing by Shakeel Ahmad; Editing by Hugh Lawson

Australian coalition gov't junior partner gives preliminary support for net zero

By Lidia Kelly MELBOURNE, Oct 24 (Reuters) - The junior partner in Australia's coalition government said on Sunday it will provisionally support a net zero emissions target by 2050, giving Prime Minister Scott Morrison a green light to take the country's updated climate ambitions to Glasgow talks. Morrison, who must call a general election by May 2

Nigeria to launch digital currency on Monday, central bank says

ABUJA, Oct 24 (Reuters) - Nigeria will on Monday launch a digital currency, the eNaira, the central bank said, months after it barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies. Central Bank of Nigeria (CBN) Governor Godwin Emefiele has said the eNaira would operate as a wallet against which cu

Rocky Mountain high: U.S. looks to Colorado for methane emissions policy

By Valerie Volcovici and Nichola Groom WASHINGTON, Oct 24 (Reuters) - U.S. environmental regulators are expected to base new rules for controlling methane emissions from oil and gas operations on the nation-leading policies of a state that has been tamping down on the potent greenhouse gas for seven years - Colorado. The U.S. Environmental Protecti

Top oil exporter Saudi Arabia targets net zero emissions by 2060

* Doubles target to reduce carbon emissions * Saudi initiative to see investment of $187 bln * To tackle climate change while ensuring oil market stability * Could hit target before 2060, energy minister says By Yousef Saba, Saeed Azhar and Marwa Rashad RIYADH, Oct 23 (Reuters) - Saudi Arabia's crown prince said on Saturday that the world's top oil

Factors to watch - October 24

DUBAI, Oct 24 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Dow posts record closing high, stocks gain for 3rd week; dollar dips * Oil hovers below recent highs; ends week up * PRECIOUS-G

UN's Guterres welcomes Saudi climate initiatives - state news agency

Oct 23 (Reuters) - U.N. Secretary General Antonio Guterres, in a phone call with Saudi King Salman Bin Abdulaziz, welcomed initiatives announced by the kingdom on Saturday to reduce emissions of greenhouse gases, the Saudi Press Agency said. Saudi Crown Prince Mohammed bin Salman said the world's top oil exporter aims to reach 'net zero' emissions

South Africa's Eskom Says Loadshedding To Be Implemented Starting At 2100 Saturday Until 0500 On Monday

Oct 23 (Reuters) - Eskom: * SOUTH AFRICA'S ESKOM SAYS DUE TO A SHORTAGE OF GENERATION CAPACITY LOADSHEDDING WILL BE IMPLEMENTED STARTING AT 21:00 SATURDAY UNTIL 05:00 ON MONDAY * SOUTH AFRICA'S ESKOM SAYS LOADSHEDDING CAUSED BY BREAKDOWNS, NUMEROUS TRIPS AT VARIOUS POWER STATIONS, AS WELL AS DELAYS IN RETURNING UNITS TO SERVICE

Egypt has strategic sugar reserves sufficient until Jan-Feb - official

CAIRO, Oct 23 (Reuters) - Egypt has strategic sugar reserves sufficient until January-February, a senior supply ministry official told local television on Saturday. An agriculture ministry official told Reuters this month that the North African country expects to produce 2.85 million tonnes of sugar locally this season -- covering around 90% of the

Saudi SABIC targets carbon neutrality by 2050 - statement

Oct 23 (Reuters) - Petrochemicals giant Saudi Basic Industries Corp (SABIC) 2010.SE announced plans on Saturday to meet carbon neutrality by 2050, the company said in a statement on the sidelines of the Saudi Green Initiative summit. "SABIC is committed to the Paris Agreement goals and will continually pursue efforts and explore solutions to meet c

Aramco aims for net zero emissions from operations by 2050, CEO says

By Yousef Saba and Saeed Azhar RIYADH, Oct 23 (Reuters) - Saudi Aramco aims to achieve net zero emissions from its operations by 2050 while also expanding its maximum sustained production capacity to 13 million barrels per day, Chief Executive Amin Nasser said on Saturday. Nasser also warned that global spare capacity of crude was declining fast an

Prince Charles says "dangerously narrow window" to accelerate climate action

RIYADH, Oct 23 (Reuters) - Britain's Prince Charles, in recorded remarks at an environment event in Saudi Arabia on Saturday, said there was a "dangerously narrow window" to accelerate climate change action. Citing experts, he said the U.N Climate Change Conference COP26 due to start at the end of October must have nationally determined contributio

Snam CEO hopeful COP26 will provide definition for 'blue hydrogen'

LONDON, Oct 23 (Reuters) - The chief executive of Italian gas infrastructure group Snam SRG.MI said that he hopes the COP26 climate conference in Glasgow will provide an agreed definition for "blue hydrogen", which would help producers trade it. Marco Alvera was speaking in Riyadh at the Saudi Green Initiative forum, where the world largest oil pro
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Pragmatic approach needed for climate action, oil and gas remain important, says ADNOC CEO

RIYADH, Oct 23 (Reuters) - Abu Dhabi National Oil Co (ADNOC) Chief Executive Sultan al-Jaber on Saturday stressed the importance of oil and gas in meeting energy requirements and said climate action should not be an economic burden on developing nations. Jaber, who is also the United Arab Emirates' minister of industry and advanced technology, told

Top oil exporter Saudi Arabia targets net zero emissions by 2060

(Corrects paragraph five to make clear that China, not the United States, is the world's biggest emitter of greenhouse gases) * Doubles target to reduce carbon emissions * Saudi initiative to see investment of $187 bln * To tackle climate change while ensuring oil market stability * Could hit target before 2060, energy minister says By Yousef Saba,



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