Ghana at high risk of debt distress, finance minister says

Ghana at high risk of debt distress, finance minister says

Ghana says reached agreement on program objectives with IMF Ghana will implement debt exchange program Minister outlines measures to cut spending in 2023 budget Ghana 2023 GDP seen slowing to 2.8% ACCRA, Nov 24 (Reuters) – Ghana will freeze the hiring of public and civil servants and extend a moratorium on government car purchases and … Read more

Germany bets on cheap tickets to help transport sector meet CO2 targets

Germany bets on cheap tickets to help transport sector meet CO2 targets

BERLIN, Nov 3 (Reuters) – Germany is to introduce a discounted ticket for public transport next year to encourage people to cut down on car driving and help the country to achieve its emissions targets. Berlin aims to become climate-neutral by 2045 and cut 65% of emissions by 2030 compared with 1990. The country has … Read more

Busking Brit crosses Iraq on his way to COP27 without flying

Busking Brit crosses Iraq on his way to COP27 without flying

BAGHDAD, Oct 30 (Reuters) – With a violin on his back and maps in his bag, Dan Hodd left Spain a month ago and was cycling through busy Baghdad as he heads to the COP27 climate talks in Egypt that he firmly intends to reach without flying. “I am trying to illustrate the importance within … Read more

London stocks subdued; Shell falls on profit warning

London stocks subdued;  Shell falls on profit warning

FTSE 100 up flat, FTSE 250 adds 0.2% Imperial Brands rises on share buyback plan Weaker refining, gas trading to hit Shell’s Q3 results Construction activity improves unexpectedly Oct 6 (Reuters) – UK’s stock indexes were muted on Thursday as a slide in financial shares offset strength in beaten-down consumer and travel and leisure stocks, … Read more

Florida scrambles to prepare as Hurricane Ian churns toward coast

Florida scrambles to prepare as Hurricane Ian churns toward coast

Register now for FREE unlimited access to Reuters.com Register TAMPA, Sept 26 (Reuters) – Residents across Florida scrambled to place sandbags around their homes and stockpile emergency supplies on Monday, emptying store shelves as Hurricane Ian spun toward the state carrying high winds, torrential rains and a powerful storm surge. Ian’s path toward Florida forced … Read more

Drought, high costs bring US berry giants to Canada’s maple syrup land

Drought, high costs bring US berry giants to Canada's maple syrup land

MONTREAL/OTTAWA, Aug 29 (Reuters) – A swath of Canada better known for maple syrup is being tested to mass produce berries normally grown in warmer locales, making it the unexpected beneficiary of extreme weather, local demand and rising costs in traditional growing areas like California. Driscoll’s and grower-owned Naturipe Farms LLC, two of North America’s … Read more

Frontier plans capacity ramp-up in bet on recession-wary American travelers

Frontier plans capacity ramp-up in bet on recession-wary American travelers

CHICAGO, Aug 16 (Reuters) – Frontier Group Holdings Inc (ULCC.O) is targeting capacity growth of up to 20% through the decade, Chief Executive Barry Biffle told Reuters, as the budget airline pushes to take a bigger share of the US leisure travel market from rivals amid a weakening economy. From 2024, the Colorado-based carrier is … Read more

Walmart’s long-lasting challenge: luring budget shoppers back to its stores

Walmart's long-lasting challenge: luring budget shoppers back to its stores

Aug 11 (Reuters) – Walmart Inc (WMT.N) could face an uphill battle to reclaim US shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart Supercenter when gasoline was $5 a gallon. While gasoline prices have dropped nearly 20% over the past month, there are no signs shoppers … Read more

Australia’s Santos buys pipeline route for undeveloped gas project

Australia's Santos buys pipeline route for undeveloped gas project

The logo of Australian oil and gas producer Santos Ltd is pictured at their Sydney office February 15, 2016. REUTERS/Jason Reed Register now for FREE unlimited access to Reuters.com Register Aug 11 (Reuters) – Australia’s Santos Ltd (STO.AX) said on Thursday it had bought a company that owns an approved underground pipeline route that could … Read more

US sour crude cargo sails to Germany as Russia sanctions bite

US sour crude cargo sails to Germany as Russia sanctions bite

LONDON/HOUSTON, Aug 8 (Reuters) – A tanker of US sour crude was delivered at Germany’s port of Rostock last week for the first time ever, according to sources, analysts and vessel tracking data, as local refiners test alternatives to Russian oil. The European Union plans an almost-complete embargo of Russian barrels by year-end, and is … Read more