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By Stephanie van den BergTHE HAGUE (Reuters) - A record 52 states will present arguments about the legal consequences of Israel's occupation of the Palestinian territories at the International Court of Justice (ICJ), the U.N.'s highest legal body. The ICJ's six days of hearings starting on Monday come after the U.N. General Assembly asked the court in 2022 for an advisory, or non-binding, opinion on the occupation. It is the second time the U.N. General Assembly has asked the ICJ, also known as the World Court, for an advisory opinion related to the occupied Palestinian territory. “The International Court of Justice is set for the first time to broadly consider the legal consequences of Israel’s nearly six-decades-long occupation and mistreatment of the Palestinian people,” said Clive Baldwin, senior legal adviser at Human Rights Watch. While Israel has filed a written statement with the court, it has not asked to participate in the hearings.
Persons: Stephanie van den Berg, Omar Awadallah, Israel’s, , Clive Baldwin, Josie Kao Organizations: HAGUE, Reuters, International Court of Justice, General Assembly, Palestinian Foreign Ministry, Israel, West, General, West Bank, Court of Justice, Human Rights Watch, Governments, Court, United Nations Locations: Palestinian, Israel, Gaza, West Bank, East Jerusalem, Palestine, Egypt, West, Africa, Holy City, Jerusalem, United States, Russia, China, South Africa
CARACAS (Reuters) - Human rights groups on Sunday demanded the release of prominent Venezuelan lawyer and activist Rocio San Miguel, whom Venezuelan authorities detained on Friday near Caracas according to Amnesty International and other groups. Rocio San Miguel is the president of the non-governmental organization Control Ciudadano, which advocates for citizen oversight of Venezuela's armed forces. Local media reported she was detained at the international airport on the outskirts of Caracas. Amnesty International wrote on X that it "calls for the immediate and unconditional release of Rocio San Miguel" and is monitoring the reports of her "forced disappearance." Rocio San Miguel is an expert in issues of security, defense and human rights.
Persons: Rocio San Miguel, Rocio San, Vivian Sequera, Mayela, Josie Kao Organizations: Sunday, Amnesty International, Control, Local, Amnesty, Ministry, Mayela Armas Locations: CARACAS, Venezuelan, Caracas, Rocio San Miguel
By Sofia MenchuGUATEMALA CITY (Reuters) - Guatemala has no intention of breaking diplomatic relations with Taiwan despite seeking closer economic links with China, President Bernardo Arevalo said on Thursday, pledging to boost ties with both players in parallel. Guatemala is one of only a handful of nations that still maintains formal ties with Taiwan. Next-door Honduras last year switched allegiances to China, which claims Taiwan as its own, after seeking almost $2.5 billion in aid from Beijing. Publicly reaffirming the country's Taiwan ties for the first time since taking office, Arevalo said his administration will not change course. "Diplomatic relations are with Taiwan and with the People's Republic of China there are trade relations that will continue to develop."
Persons: Bernardo Arevalo, Arevalo, Carlos Ramiro Martinez, Drazen Jorgic, Josie Kao Organizations: Sofia Menchu, Sofia Menchu GUATEMALA CITY, Taiwan, Reuters, Publicly Locations: Sofia, Sofia Menchu GUATEMALA, Guatemala, Taiwan, China, Honduras, Beijing, Reuters Guatemala, People's Republic of China, U.S, United States
By Lucy CraymerWELLINGTON (Reuters) - Roughly 600 protesters on Tuesday marched to where New Zealand’s founding document was signed in the town of Waitangi, as official celebrations competed with protests against proposed government policies that threaten Indigenous rights. Demonstrators were protesting New Zealand's centre-right coalition's promises to undo policies that promoted the official use of the Maori language and sought to enhance Indigenous living standards and rights. The protesters arrived carrying signs asking the treaty be honoured and many people were waving the national Maori flag or the United Tribes flag. Prime Minister Christopher Luxon and some of his coalition ministers arrived at the venue on Monday and were met by protesters displeased at moves to change Indigenous policy. Protest has long been part of Waitangi celebrations and in 1995 official events had to be cancelled due to anger over government policies.
Persons: Lucy Craymer WELLINGTON, ” Moea Armstrong, Christopher Luxon, Lucy Craymer, Josie Kao Organizations: Reuters, New, Maori, United Tribes, British Crown Locations: Waitangi, New, New Zealand
But industry experts say governments need to offer incentives for companies to bring sustainable AC technologies to market and scale up. Removing humidity requires cooling air to the point at which water vapour becomes a liquid to be drained. This inability to get rid of humidity without first cooling the air makes conventional ACs less efficient. The company's AC prototype uses these materials to dry out air, aiming to produce fewer emissions than traditional ACs. More than 1 billion people living in warm climates still lack access to cooling, according to nonprofit Sustainable Energy for All.
Persons: Pedro Rodriguez, Susana Vera, We've, Lily Riahi, Riahi, Sorin Grama, Grama, Gree, Daikin, Miki Yamanaka, Larissa Gross, UNEP's Riahi, Baolong Wang, Wang, Xavier Moya, Gloria Dickie, Katy Daigle, Simon Jessop, Josie Kao Organizations: Puerta del, REUTERS, Rights, International Energy Agency, United Nations Environment Programme's, Cool Coalition, Massachusetts Institute of Technology, Daikin's Global Environment Center, Sustainable Energy, Tsinghua University, University of Cambridge, Reuters, Thomson Locations: Puerta del Sol, Madrid, Spain, Seville, Europe, Spanish, Beijing, Indonesia, Britain, U.S
A man talks on the phone during the United Nations Climate Change Conference (COP28), in Dubai, United Arab Emirates, December 4, 2023. REUTERS/Amr Alfliky Acquire Licensing RightsDec 5 (Reuters) - Six of the world's largest dairy companies will soon begin disclosing their methane emissions as part of a new global alliance launched at the United Nations climate summit in Dubai on Tuesday. Livestock is responsible for about 30% of global anthropogenic methane emissions, from sources like manure and cow burps, according to the U.N.'s Food and Agriculture Organization. The five members of the Dairy Methane Action Alliance - Danone (DANO.PA), Bel Group, General Mills (GIS.N), Lactalis USA, Kraft Heinz (KHC.O) and Nestle (NESN.S) - will begin reporting their methane emissions by mid-2024 and will write methane action plans by the end of that year. Danone this year pledged to cut methane emissions from its fresh milk supply chain by 30% by 2030.
Persons: Amr Alfliky, General Mills, Kraft Heinz, Chris Adamo, There’s, Katie Anderson, Anderson, Leah Douglas, Josie Kao Organizations: United Nations, Change, United Arab Emirates, REUTERS, United, Livestock, Agriculture Organization, Danone, Bel Group, General, Lactalis, Nestle, U.S . Environmental Protection Agency, Clean Air Coalition, United Nations Environment Programme . Companies, Environmental Defense, EDF, Reuters, Thomson Locations: Dubai, United Arab, United Nations, Lactalis USA
A worker is reflected in a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 1, 2016. REUTERS/David Gray/File Photo Acquire Licensing RightsDec 5 (Reuters) - A look at the day ahead in Asian markets. The relative U.S. interest rate outlook right now fits the weaker dollar narrative - futures markets have the Fed cutting rates next year more than any major or emerging market central bank. And even if the Fed does go that far, other central banks are sure to lower their policy rates more than markets are currently predicting. Here are key developments that could provide more direction to markets on Tuesday:- Australia interest rate decision- Japan - Tokyo inflation (November)- South Korea inflation (November)By Jamie McGeever Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.
Persons: David Gray, Michele Bowman's, Philip Lowe, Jamie McGeever, Josie Kao Organizations: Reserve Bank of Australia, REUTERS, Reserve Bank of, Reuters, Bank of Japan, U.S, Thomson Locations: Sydney, Australia, Japan, South Korea, Asia, masse, Tokyo
A view shows signage on a branch of Barclays Bank in London, Britain, March 17, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsDec 4 (Reuters) - Qatar Holding is looking to sell around 510 million pounds ($643.72 million) of shares in Barclays (BARC.L), one of the banks acting on the deal said on Monday, cutting back on its crisis-era investment in the British bank. The deal is set to price at 141 pence per share, or a discount of about 1.4% to Barclays' closing share price on Monday. The share sale comes as Barclays is striving to revive its share price, which has halved since Qatar first invested in 2008. Qatar has previously cashed in on warrants acquired through the capital injection.
Persons: Peter Nicholls, Pablo Mayo, Juby Babu, Anil D'Silva, Jane Merriman, Josie Kao Organizations: Barclays Bank, REUTERS, Barclays, Qatar, Venkatakrishnan, Reuters, Pablo Mayo Cerqueiro, Thomson Locations: London, Britain, Qatar, British, Germany, Bengaluru
We need to implement food systems approaches throughout COP28," said Joao Campari, global leader of food practice at the World Wildlife Fund. Doing so could also unlock financial investment in tackling food emissions, said Saswati Bora, global director for regenerative food systems at the Nature Conservancy. TACKLING METHANEA key goal for advocates is reducing methane emissions from food sectors like livestock production and food waste. Countries should also make stronger commitments in NDCs on food waste, said Liz Goodwin, director of food loss and waste at the World Resources Institute. Food waste generates half of all global food system emissions according to a March study published in the journal Nature Food.
Persons: David Swanson, Joao Campari, NDCs, Patty Fong, Saswati Bora, Bora, John Tauzel, Tauzel, Liz Goodwin, Goodwin, Leah Douglas, Josie Kao Organizations: REUTERS, United Nations, Food, Agriculture Organization, FAO, World Wildlife Fund, Conference of, United, United Arab Emirates, Global Alliance, Nature Conservancy, COP26, Environmental Defense Fund, World Resources Institute, Thomson Locations: Corcoran , California, U.S, Dubai, COP28, United Arab, United States, India, China, Canada, NDCs
Despite the fact that food is a big climate problem, very little has been done so far to address it. Here are some details about the sources of emissions from the food and agriculture sector:HOW MUCH DOES OUR FOOD EMIT? Global food systems accounted for 17 billion metric tonnes of carbon dioxide equivalent or 31% of human-made greenhouse gas emissions in 2019, according to the United Nations' Food and Agriculture Organization (FAO). That wasted food - including the energy used to produce and transport it, spoilage along the way and the food thrown out after rotting in household fridges - generates half of all global food system emissions, according to a March study published in the journal Nature Food. Food waste makes up about 25% of municipal solid waste in landfills in the United States, according to a recent study by the Environmental Protection Agency.
Persons: Brittany Hosea, Leah Douglas, Josie Kao Organizations: REUTERS, mets, United Nations, Food, Agriculture Organization, FAO, Environmental Protection Agency, Thomson Locations: Vernalis , California, U.S, Dubai, Brazil, United States
Countries, however, are divided over the future of fossil fuel - the burning of which is the main cause of climate change. The monarchy has been under pressure to reduce its carbon footprint, though emissions have decreased under King Charles. King Charles will be among world leaders attending the climate talks, known as COP28, in Dubai, the United Arab Emirates. King Charles is attending on behalf of the British government and following an invitation from the host nation, the UAE. On Thursday, King Charles met with Gulf state's president, Sheikh Mohamed bin Zayed Al Nahyan, at the COP28 summit site.
Persons: Britain's King Charles, King Charles, Rishi Sunak, Narendra Modi, Sheikh Mohamed bin Zayed Al Nahyan, Charles, Alexander Cornwell, Josie Kao Organizations: Carbon, United Arab, Organization of, Petroleum, United, United Arab Emirates, Britain's, India's, Gulf state's, Thomson Locations: DUBAI, United Arab Emirates, Dubai, United Arab, UAE, United Kingdom, France
FILE PHOTO: A screen showing the Hang Seng stock index is seen outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsDec 1 (Reuters) - A look at the day ahead in Asian markets. They include Australia, South Korea and India, as well as China's 'unofficial' PMI. Foreigners already appear to be voting with their feet - China just recorded its first-ever quarterly deficit in foreign direct investment. Here are key developments that could provide more direction to markets on Friday:- PMIs for Australia, South Korea, India, China- Japan unemployment (October)- Indonesia inflation (October)By Jamie McGeever Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.
Persons: Tyrone Siu, Dow Jones, Jamie McGeever, Josie Kao Organizations: REUTERS, PMI, National Bureau, Statistics, Japan's Nikkei, U.S ., Thomson, Reuters Locations: Exchange, Hong Kong, China, Japan, South Korea, Indonesia, Australia, India, Asia
The assessment could become politically divisive as it sets the stage for the next few years of global action in cutting planet-warming emissions. Based on the results, countries may be pressed to set more ambitious climate policies or to contribute more financing to help developing countries adopt clean energy. In September, the United Nations offered an early stocktake assessment that revealed countries were far behind in meeting climate goals. HOW WILL THE STOCKTAKE DRIVE CLIMATE ACTION? What then needs to be decided... what do we then do from here," Dan Jorgensen, Denmark's Global Climate Policy Minister, told Reuters.
Persons: Alex Flores, Claudia Morales, Dan Jorgensen, Kate Abnett, Katy Daigle, Josie Kao Organizations: REUTERS, Rights, United Nations, European Union, Policy, Reuters, Thomson Locations: Lake Titicaca, Bolivia, Rights DUBAI, Dubai, Paris
Countries, however, are divided over the future of fossil fuel - the burning of which is the main cause of climate change. The monarchy has been under pressure to reduce its carbon footprint, though emissions have decreased under King Charles. King Charles will be among world leaders attending the climate talks, known as COP28, in Dubai, the United Arab Emirates. King Charles is attending on behalf of the British government and following an invitation from the host nation, the UAE. On Thursday, King Charles met with Gulf state's president, Sheikh Mohamed bin Zayed Al Nahyan, at the COP28 summit site.
Persons: Britain's King Charles, King Charles, Rishi Sunak, Narendra Modi, Sheikh Mohamed bin Zayed Al Nahyan, Charles, Alexander Cornwell, Josie Kao Organizations: Reuters, Carbon, United Arab, Organization of, Petroleum, United, United Arab Emirates, Britain's, India's, Gulf state's Locations: DUBAI, United Arab Emirates, Dubai, United Arab, UAE, United Kingdom, France
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBRUSSELS, Nov 30 (Reuters) - EU countries and EU lawmakers on Thursday agreed to rules to protect laptops, fridges, mobile apps and smart devices connected to the internet from cyber threats following a spate of such attacks and ransom demands in recent years around the world. It sets out cybersecurity requirements for the design, development, production and the sale of hardware and software products. They must be more transparent on the security of hardware and software products for consumers and business users, and report cyber incidents to national authorities. Importers and distributors will have to verify that products conform with EU rules. The Commission has said the cybersecurity rules could save companies as much as 290 billion euros ($316 billion) annually versus compliance costs of about 29 billion euros.
Persons: Dado Ruvic, Jose Luis Escriva, Foo Yun Chee, Josie Kao Organizations: REUTERS, Rights, European Commission, Manufacturers, EU, Thomson Locations: Rights BRUSSELS
The Biden administration reiterated that it has told the Venezuelan government it must, by the end of November, lay out steps for lifting election bans on opposition candidates and begin releasing Venezuelan political prisoners and "wrongfully detained" Americans, the spokesperson said. If the U.S. deems Maduro's actions insufficient, it was not immediately clear how extensively or quickly it would roll back sanctions relief. "We haven’t seen any progress yet," White House national security spokesperson John Kirby told reporters earlier on Thursday when asked whether Maduro was meeting his commitments and if the U.S. was prepared to reimpose sanctions. The Venezuelan government may allow appeals from banned politicians to progress in court as a way to partially comply with U.S. demands, sources told Reuters this week. The Venezuelan government released five political prisoners in October but there have been no releases since.
Persons: Matt Spetalnick WASHINGTON, Nicolas Maduro, Joe Biden's, Biden, Antony Blinken, Maduro, November's, Jorge Rodriguez, John Kirby, Maria Corina Machado, Matt Spetalnick, Vivian Sequera, Chris Reese, Josie Kao Organizations: State Department, Venezuelan, The State Department, U.S, House Locations: U.S, Venezuela, Venezuelan, Washington, Caracas
Kim Yo Jong, sister of North Korea's leader Kim Jong Un, arrives at the Vostochny Сosmodrome before a meeting of Russia's President Vladimir Putin with North Korea's leader Kim Jong Un, in the far eastern Amur region, Russia, September 13, 2023. Sputnik/Vladimir Smirnov/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 30 (Reuters) - North Korea said it will never negotiate its sovereignty with the United States, criticising Washington as "double-faced" for offering talks while ramping up military activities in the region, state media KCNA reported on Thursday. Ambassador Linda Thomas-Greenfield and North Korean Ambassador Kim Song, both arguing that their countries' military activities are defensive. Kim Yo Jong said Thomas-Greenfield highlighted efforts to reopen talks with North Korea even as she lacked "justifiable ground" for denying its sovereign right to space development. The U.S. and South Korea have condemned the satellite launch as a violation of U.N. Security Council resolutions banning North Korea's use of any ballistic technology.
Persons: Kim Yo Jong, North, Kim Jong Un, Vladimir Putin, Vladimir Smirnov, Washington, Linda Thomas, Kim Song, Thomas, Greenfield, Kim, KCNA, Carl Vinson, Yoon Suk, Hyonhee Shin, Ed Osmond, Josie Kao Organizations: Sputnik, REUTERS Acquire, Rights, . Security, North Korean, North, U.S, DPRK, Democratic People's, Kadena, White House, Pentagon, South, Falcon, Thomson Locations: Amur, Russia, Rights SEOUL, North Korea, United States, U.S, Greenfield, South Korea, DPRK, Democratic People's Republic of Korea, San Diego, Japan, Pyongyang, Korean, Guam, Italy, Seoul, Washington
REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsNov 30 (Reuters) - A look at the day ahead in Asian markets. If this week has so far been strangely listless for Asian markets, that could be about to change suddenly on Thursday as investors brace for a deluge of top-tier economic data and policy events from across the continent. The latest industrial production and retail sales data from both Japan and South Korea are on tap too, all of which could move their respective markets, especially currencies. All else equal, the risks for Asian markets on Thursday may be tilted to the upside, even though stock markets around the world again struggled on Wednesday. South Korea's central bank is expected to keep its base rate on hold at 3.50% and leave it there until at least the middle of next year.
Persons: Kim Hong, That's, Goldman Sachs, Jamie McGeever, Josie Kao Organizations: Korea, South Korean, REUTERS, New Zealand, Bank of Japan, Reserve Bank of New Zealand, Thomson, Reuters Locations: Seoul, South Korea, China, India, Japan, U.S, Korea's, Korea
[1/4] Cast members Julia Roberts and Myha'la Herrold attend the World Premiere of the film "Leave the World Behind" in London, Britain, November 29, 2023. REUTERS/Hannah McKay Acquire Licensing RightsLONDON, Nov 29 (Reuters) - U.S. actress Julia Roberts says her new film "Leave The World Behind" is a multilayered disaster thriller that allowed her to play someone very different from herself. Executive produced by former U.S. President Barack Obama and Michelle Obama, the movie is written and directed by "Mr. It was just all the layers of the people and the circumstances," Roberts told Reuters at the film's premiere in London on Wednesday. "Leave The World Behind", which also stars Ethan Hawke and Kevin Bacon, is out in select cinemas and starts streaming on Netflix on Dec. 8.
Persons: Julia Roberts, Myha'la Herrold, Hannah McKay, Barack Obama, Michelle Obama, Mr, Sam Esmail, Rumaan Alam, Roberts, Amanda, Mahershala Ali, Myha'la, Esmail, Ethan Hawke, Kevin Bacon, Hanna Rantala, Josie Kao Organizations: REUTERS, U.S, Reuters, Hollywood, Netflix, Thomson Locations: London, Britain
ORLANDO, Florida, Nov 29 (Reuters) - If cash has been king, the Fed may be plotting regicide. But once the first Fed cut comes into view, that money will move rapidly out the maturity curve and into riskier assets. A recent report by BlackRock, the world's largest asset manager, notes that on average, cash returns 4.5% in the year following the final Fed rate hike, significantly underperforming a wide array of asset classes. Of that, $2.24 trillion is in retail investor funds and $3.52 trillion is in institutional funds. According to Bank of America, investors have poured $1.2 trillion into money market funds so far this year.
Persons: Christopher Waller, Justin Christofel, Cash, Goldman Sachs, Ray Dalio, Jamie McGeever, Josie Kao Organizations: BlackRock, Fed, ICI, Bank of America, Goldman, BofA, Deutsche Bank, U.S, Bridgewater, Reuters, Thomson Locations: ORLANDO, Florida, BlackRock
French Prime Minister Elisabeth Borne attends the questions to the government session at the National Assembly in Paris, France, November 22, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsPARIS, Nov 29 (Reuters) - France's prime minister asked her cabinet to stop using widespread instant messaging apps like WhatsApp, Signal or Telegram and install widely unknown Olvid, a product of Paris's start-up scene presenting itself as a more secure alternative. In a ministerial circular, Prime Minister Elisabeth Borne urged ministers and their top staff to deploy the Olvid app on phones and computers, her office told Reuters on Wednesday, confirming French media reports. Messaging apps like Meta's WhatsApp, Telegram and Signal have increasingly become the go-to tool of communication in the inner circles of French politics, and government officials also use the apps when talking to journalists. President Emmanuel Macron is said to be an avid user of messaging apps himself.
Persons: Elisabeth Borne, Sarah Meyssonnier, Emmanuel Macron, Olvid, Tassilo Hummel, Josie Kao Organizations: French, National Assembly, REUTERS, Rights, Reuters, Thomson Locations: Paris, France, French
Greenhouse gas emissions from burning fossil fuels are the biggest cause of climate change. "We have a world which has more fossil fuels than ever," said Ani Dasgupta, president of the World Resources Institute, a climate NGO. U.S. officials and others are hopeful a recent climate deal between the U.S. and China may also set a positive tone for the talks. Another test is whether wealthy nations announce money for the fund at COP28 - to the tune of hundreds of millions of dollars. "Speaking from previous experience, unfortunately most of the global agreements, most of the global climate related pledges went uncompleted," said Najib Ahmed, National Consultant at Somalia's Climate Ministry.
Persons: Sultan al, Jaber, ADNOC, Ani Dasgupta, Narendra Modi, Britain's King Charles, Joe Biden, Gayane, Najib Ahmed, Valerie Volcovici, Josie Kao Organizations: OPEC, United Nations, International Energy Agency, BBC, World Resources Institute, Indian, European Union, Reuters, U.S, FINANCE, EU, Climate Ministry, , Thomson Locations: Paris, France, WASHINGTON, BRUSSELS, Dubai, UAE, U.S, China, India
LONDON, Nov 29 (Reuters) - Four major banks, including Standard Chartered Plc (STAN.L) and HSBC Plc (HSBA.L), have quit a United Nations-backed initiative to scrutinise climate targets set by corporations, according to people familiar with the matter. Many lenders say they should finance fossil fuels as long as economies depend on them. The spokesperson added that Standard Chartered was seeking alternative third-party validation of its climate targets and that it was setting science-based targets through the NZBA. It will still require them to cease the financing of fossil fuel projects that would weigh on their longer-term emissions targets. Credit Agricole (CAGR.PA), ING (INGA.AS), BBVA (BBVA.MC) and Swedbank (SWEDa.ST) told Reuters they remained committed to SBTi validating their emissions targets.
Persons: SBTi, SBTi's, Pietro Rocco, haven't, it's, Rocco, Tommy Reggiori Wilkes, Simon Jessop, Josie Kao Organizations: Standard Chartered, HSBC Plc, United, Societe Generale SA, ABN Amro Bank, Zero Banking Alliance, HSBC, Societe Generale, ABN Amro, Reuters, Credit, ING, BBVA, NatWest, Commerzbank, BNP, Allianz, Alliance, Zero, Carbon Trust, Thomson Locations: United Nations, Nations, Paris, U.S, decarbonising, London
Jeffrey Ubben, Founder & CEO at ValueAct Capital, speaks on the Reuters Newsmaker event "The Future of Shareholder Activism" in Manhattan, New York, U.S., February 22, 2017. Ubben told investors in a memo he was winding down some funds and returning capital, two people familiar with the matter said on Wednesday. Ubben and Inclusive Capital, known as InCap, did not respond to calls and emails for comment. Last year more hedge funds closed their doors than launched, data from Hedge Fund Research show. More than two decades ago, Ubben, 61, who started his career at mutual fund giant Fidelity, founded ValueAct Capital in San Francisco.
Persons: Jeffrey Ubben, Andrew Kelly, Jeff Ubben, Ubben, InCap, Martha Stewart, John Paulson, Louis Bacon, Svea Herbst, Bayliss, Sabrina Valle, Josie Kao Organizations: ValueAct, Reuters, REUTERS, Capital Partners, Inclusive, Hedge Fund Research, Fidelity, Microsoft, Street Journal, Exxon, Rad Laboratories, Unifi Inc, Bayer, Svea, Thomson Locations: Manhattan , New York, U.S, San Francisco, Houston
Darren Woods, CEO of ExxonMobil, speaks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsHOUSTON, Nov 29 (Reuters) - Exxon Mobil Corp (XOM.N) Chief Executive Darren Woods is making plans to attend the COP28 climate summit in Dubai next week, two people familiar with the matter said, in what would mark a first for an Exxon CEO, if confirmed. Woods is expected to advocate that reducing carbon emissions should be a priority in addressing climate change, rather than reducing oil production. "We commit to solving the world’s energy and emissions challenges simultaneously," Darren Woods said at the APEC CEO summit earlier this month. Exxon says technology advancements allowed it to join the initiative and that the decision guards no relation with Pioneer's acquisition.
Persons: Darren Woods, Carlos Barria, Woods, Sultan al, Jaber, Exxon's, Matt Kolesar, Sabrina Valle, Sarah McFarlane, Josie Kao, Aurora Ellis Organizations: ExxonMobil, Economic Cooperation, REUTERS, Rights, Exxon Mobil Corp, Exxon, APEC, Abu, Abu Dhabi National Oil Company, United, Natural Resources, Gas Methane Partnership, Reuters, United Nations Environment Programme, Shell, BP, Conoco, Chevron, Thomson Locations: Asia, San Francisco , California, U.S, Dubai, Abu Dhabi, United Nations, OGMP, Occidental
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