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REUTERS 2025-05-22T15:00:13+00:00

Chagos Islands deal: Why was it delayed?

Britain signed a multi-billion dollar deal on the future of the Chagos Islands with Mauritius after a last-gasp injunction was overturned, securing itself a lease for the U.S.-UK Diego Garcia air base for the next century.

REUTERS 2021-04-09T15:29:30.483000+00:00

Global CO2 emissions far off net-zero trajectory

The global energy system has become greener over the last decade, but most countries are nowhere near on track to achieve net zero emissions by the middle of this century.

REUTERS 2022-09-04T04:57:09+00:00

Iran's hopes for World Cup surprise threatened by infighting

Iran hopes history will repeat itself at this November's World Cup in Qatar, 24 years after overcoming a fractious build-up to score a memorable triumph over the United States - the country's decades-long geopolitical rival - in France.

REUTERS 2024-03-29T07:56:09+00:00

Taiwan's navy chief to visit U.S. next week, sources say

Taiwan's navy chief, Tang Hua, will visit the United States from next week to attend a military ceremony and discuss how to boost bilateral naval cooperation as China raises threats toward the island, six people briefed on the trip said.

REUTERS 2022-01-07T04:41:35+00:00

Cambodia PM meets Myanmar junta chief as visit sparks protests

Cambodian Prime Minister Hun Sen met Myanmar's military ruler Min Aung Hlaing on Friday amid criticism of the first visit by a head of government since the army seized power from an elected government last year.

REUTERS 2024-01-18T08:42:31+00:00

Carbon markets have a long shot at redemption

The United States has grand plans for carbon markets. Washington’s idea for an Energy Transition Accelerator (ETA) targets one of climate finance’s biggest challenges – the need to increase clean energy investment in the developing world excluding China sevenfold by the early 2030s, to $1.9 trillion annually. John Kerry, U.S. President Joe Biden’s outgoing climate envoy, has a vision of a workable, large-scale market for emissions trading. It looks promising on paper, but plenty needs to go right for it to work.

REUTERS 2021-12-24T07:08:02+00:00

Asian currencies edge higher, equities mixed in low-volume trade

Most Asian currencies inched higher on Friday, buoyed by hopes that the Omicron coronavirus variant won't damage the global economy too much, with the Indonesian rupiah pulling back from a near two-month high to trade almost flat.

REUTERS 2026-01-20T09:22:36+00:00

FACTBOX Key facts about Chagos Islands deal signed by UK and Mauritius

U.S. President Donald Trump has called Britain's deal to cede sovereignty of the island of Diego Garcia in the Chagos Islands to Mauritius an "act of total weakness", putting the agreement back into the spotlight eight months after it was signed.

REUTERS 2022-11-25T05:34:04+00:00

UAE's deal-hungry IHC plans health and IT business IPOs

International Holding Company plans to sell 20% of its technology unit in an initial public offering next year, its CEO told Reuters, adding that the UAE's IHC is aiming for a first quarter IPO of Pure Health to raise more than $1 billion.

REUTERS 2022-03-09T02:14:50+00:00

World shares rise, oil falls 13% on diplomacy, OPEC nation's pledge

Global stock markets rallied on Wednesday and oil prices fell by more than 12% as Ukraine and Russia looked to resume diplomatic talks and the United Arab Emirates said it supports hiking oil output to ease mayhem in energy markets.