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"It's pleasing that Woodside has made our members a strong offer without industrial action being taken," Gandy added in a statement. The project in Western Australia, along with the Gorgon and Wheatstone LNG facilities of Chevron Corp (CVX.N), account for about one-tenth of global supplies. Workers at Chevron's facilities are also considering industrial action, and the combined threats had supported LNG prices over the past few weeks. The Woodside workers unions had threatened to strike as early as Sept. 2 unless their demands for better pay and conditions were met. Asia spot LNG prices remained supported at above $14 per million British thermal units at Wednesday's close, with traders still cautious about LNG supplies from Australia.

Persons: Chris Helgren, Brad Gandy, Woodside, Gandy, Warren Patterson, Saul Kavonic, Renju Jose, Florence Tan, Sonali Paul, Stephen Coates, Miral Organizations: Woodside Energy, REUTERS, Rights, Woodside, North West Shelf, Workers, Chevron Corp, Chevron, North West, Australia . Energy, Thomson Locations: Vancouver , British Columbia, Canada, Rights SYDNEY, SINGAPORE, Western Australia, Woodside, Asia, Wednesday's, Australia, Sydney, Singapore

☆ Tennessee lawmakers open special session in wake of school shooting
▼ + stars: | 2023-08-22 | by ( Brad Brooks | ) www.reuters.com time to read: +2 min

[1/5] Protesters gather near the Tennessee State Capitol building ahead of a special session on public safety to discuss gun violence in the wake of the Covenant School shooting in Nashville, Tennessee, U.S., August 21, 2023. REUTERS/Seth Herald Acquire Licensing RightsAug 21 (Reuters) - Tennessee lawmakers on Monday opened a special session focused on public safety that was sparked by a deadly school shooting earlier this year, as hundreds of protesters marched on capitol grounds demanding change. Hundreds of protesters demanding tougher gun laws arrived at the Tennessee capitol in Nashville. Lee called the special session in response to the murder of three children and three staff members at The Covenant School in March in Nashville. The shooting triggered intense protests at the state capitol and led to the expulsion of two Democratic lawmakers after they helped lead protests from the House floor.

Persons: Bill Lee, Lee, Nashville Mayor John Cooper, Brad Brooks, Mary Milliken, Stephen Coates Organizations: Protesters, Tennessee State Capitol, Covenant School, REUTERS, Seth, Monday, Republican, Constitutional, The Covenant School, Nashville Mayor, Thomson Locations: Nashville , Tennessee, U.S, Tennessee, Nashville, Longmont , Colorado

[1/3] Supermarket owner Takashi Nakajima, 67, prepares sashimi, or raw fish, to sell at his store, near the tsunami-crippled Fukushima Daiichi nuclear power plant, in Soma, Fukushima prefecture, Japan, August 9, 2023. It's been a long battle to get radiation-wary customers back to the seafood from waters near the Fukushima nuclear power plant that was wrecked in the 2011 tsunami, Nakajima says. Now, with the imminent release of treated radioactive water from the plant into the Pacific, he fears a return to square one. "This can't be happening," the 67-year-old said in the backyard kitchen of his supermarket in Soma city, just 45 km (28 miles) north of the stricken power plant. The problem is, this water release will go on for at least 30 years."

Persons: Takashi Nakajima, Akiko Okamoto, It's, Nakajima, Yasutaka Shishido, Kiyoshi Takenaka, Tom Bateman, Chang, Ran Kim, Stephen Coates Organizations: REUTERS, Tokyo Electric Power, Thomson Locations: Soma, Fukushima prefecture, Japan, China

"In the near term, while the outlook for the developed world is uncertain, we expect China and India to remain relative sources of stability for commodity demand," BHP said. "We anticipate that these competing forces may have a variable impact on commodity prices in the period." But perhaps more concerning is that China and India, the two major sources of commodity demand in Asia, are at best stable in their demand outlooks, and even then BHP qualified this with the word "relative." When it comes to China, BHP acknowledged the current struggles Beijing is having in re-igniting growth in the world's second-biggest economy and top commodity importer. BHP is more confident about India, stating that an investment upswing is happening in the world's most populated country, and commodity demand has been "robust."

Persons: BHP, Clyde Russell, Stephen Coates Organizations: BHP Group, BHP, Reuters, Thomson Locations: LAUNCESTON, Australia, China, India, Asia, Beijing, CHINA

☆ Cambodia parliament endorses strongman's son Hun Manet as new PM
▼ + stars: | 2023-08-22 | by ( Prak Chan Thul | ) www.reuters.com time to read: +1 min

[1/3] Hun Manet, nominee for Cambodia's prime minister, walks on the day that parliament votes to confirm the country's next prime minister, in Phnom Penh, Cambodia, August 22, 2023. REUTERS/Cindy Liu Acquire Licensing RightsPHNOM PENH, Aug 22 (Reuters) - Cambodia's newly elected parliament endorsed military general Hun Manet as prime minister on Tuesday, completing a historic transfer of power in a fast-changing country led by his father for nearly four decades. The Western-educated Hun Manet, 45, had the backing of the majority of the National Assembly in proceedings screened live on television. His father, Hun Sen, a former Khmer Rouge guerrilla and self-style strongman, has pledged to remain in politics in other roles for at least a decade. Little is known about Hun Manet's vision for Cambodia, a country of 16 million people, few of whom have lived under a leader other than his father.

Persons: Hun Manet, Cindy Liu, Hun Sen, Hun Manet's, Martin Petty, Stephen Coates Organizations: REUTERS, National Assembly, New York University, Britain's Bristol University, Thomson Locations: Phnom Penh, Cambodia, PHNOM PENH, Khmer Rouge, United States

Arm's stock market launch is expected to bring back to life a lackluster IPO market, which has over the last year seen several high-profile startups postpone their listing plans due to market volatility. Arm said that more than 50% of its royalty revenue for the most recent fiscal year came from smartphones and consumer electronics. The company, whose chip technology powers most smartphones including iPhones, did not reveal the number of shares it is planning to sell and the valuation it will seek. Arm makes money from upfront licensing fees for technology and then a royalty paid on each chip sold by Arm's customers. Arm's chip designs dominate the smartphone industry, but they are also used in laptops made by Apple (AAPL.O) and some Windows machines.

Persons: Dado Ruvic, SoftBank, Arm, Goldman Sachs, JPMorgan Chase, Manya Saini, Jaiveer, Stephen Nellis, Max Cherney, Echo Wang, Anirban Sen, Stephen Coates Organizations: REUTERS, Arm Holdings, Research, Reuters, Vision Fund, SECOND, Acorn Computers, Apple Inc, Apple Computer, VLSI Technology, London Stock Exchange, Nasdaq, Nvidia Corp, Apple, Nvidia, U.S, Barclays Plc, JPMorgan, Mizuho Financial Group, underwriters, Thomson Locations: U.S, Saudi, China, Arm China, Bengaluru, San Francisco, New York

☆ Australia's IAG misses annual cash earnings estimates; shares slip
▼ + stars: | 2023-08-21 | by ( Nausheen Thusoo | ) www.reuters.com time to read: +2 min

Small toy figures are seen in front of displayed IAG (Insurance Australia Group) logo in this illustration taken, November 8, 2021. The country's top general insurer posted cash earnings of A$452 million ($290.00 million) for the year ended June 30, up from A$213 million a year ago but missing analysts' average estimate of A$656.7 million, according to Refinitiv Eikon data. Australian insurers have seen their profits soar this year, as they incur higher premiums in an elevated interest-rate environment, while also benefiting from a rebound in investment income. The company also expects an insurance margin in fiscal 2024 of 13.5%–15.5%, higher than the 12.6% margin last year. However, elevated inflation in home and motor claims costs, as well as the higher natural perils allowance, impacted the underlying insurance margin, IAG said in a statement.

Persons: Dado Ruvic, IAG, Nick Hawkins, Nausheen Thusoo, Archishma Iyer, Paul Simao, Stephen Coates, Rashmi Organizations: Insurance, REUTERS, cps, Insurance Australia Group, New Zealand, Citi, UBS, Thomson Locations: Australia, New

☆ Djokovic storms back to beat Alcaraz for Cincinnati title
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +3 min

Mandatory Credit: Katie Stratman-USA TODAY Sports Acquire Licensing RightsAug 20 (Reuters) - Novak Djokovic overcame a match point and stifling heat to beat world number one Carlos Alcaraz 5-7 7-6(7) 7-6(4) and win the Cincinnati Open in a heart-pounding thriller on Sunday. "So much to say and so little energy," Djokovic said while collecting his third Cincinnati Open title. In the decider, Djokovic broke for a 5-3 lead but would then squander two match points in the next game. The drama would continue when Djokovic missed an overhead for 5-5 and the players would ultimately arrive at another tiebreak, which Djokovic won on his fifth match point of the contest. The win delivered Djokovic his 95th career title and 39th Masters 1000 crown.

Persons: Novak Djokovic, Carlos Alcaraz, Katie Stratman, Djokovic, Alcaraz, Novak, Rory Carroll, Stephen Coates, Sonali Paul Organizations: Southern Open, Lindner, Tennis Center, Cincinnati, Wimbledon, COVID, Thomson Locations: Mason, OH, USA, Ohio, U.S, New York, Los Angeles

☆ North Korea to launch satellite over Yellow Sea -Japan Coast Guard
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Aug 22 (Reuters) - North Korea has said it will launch a satellite between Aug. 24-31 in the direction of the Yellow Sea and East China Sea, the Japanese Coast Guard said on Tuesday. The Coast Guard added that the satellite, if launched, was likely to fall outside of Japan's exclusive economic zone. North Korea launched a satellite on May 31 that ended up plunging into the sea. The new "Chollima-1" satellite launch rocket failed because of instability in the engine and fuel system, state news agency KCNA reported. It prompted emergency alerts and brief evacuation warnings in parts of South Korea and Japan but no danger or damage was reported.

Persons: Fumio, KCNA, Elaine Lies, Deepa Babington, Stephen Coates Organizations: Japanese Coast Guard, Twitter, Coast Guard, North, Thomson Locations: TOKYO, North Korea, East China, Japan, South Korea, United States

☆ Poll indicates New Zealand heading toward change in government
▼ + stars: | 2023-08-21 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

New Zealand's Prime Minister Chris Hipkins attends a meeting of the North Atlantic Council during a NATO leaders summit in Vilnius, Lithuania July 12, 2023. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsWELLINGTON, Aug 22 (Reuters) - New Zealand looks to be heading towards a change of government after an October election, according to a new poll showing the opposition National Party and likely coalition partner ACT holding 50% of the vote. The latest 1News Verian poll published late on Monday forecasts a centre-right bloc of the National Party and the ACT party winning 65 seats. Less than two months out from the election, the gap for preferred prime minister is also narrowing. The poll put minor party New Zealand First at 4%, still below the threshold of being able to get back into parliament without a candidate being elected.

Persons: Chris Hipkins, Ints, Christopher Luxon, Lucy Craymer, Stephen Coates Organizations: Zealand's, North Atlantic Council, NATO, REUTERS, Rights, National Party, ACT, National Party and, Labour Party, Greens, Labour, New Zealand, Thomson Locations: Vilnius, Lithuania, Zealand, New

REUTERS/Loren Elliott/file photo Acquire Licensing RightsAug 21 (Reuters) - Boeing (BA.N) is close to securing an order for more of its 787 Dreamliner aircraft from Australia’s Qantas Airways (QAN.AX), industry sources said. Qantas, Boeing and Airbus declined to comment. Qantas, whose original decision to opt for a smaller type of Boeing 787 in 2005 led to a review of Airbus's wide-body strategy, is considered to be among the most influential aircraft buyers. Sources said the upcoming Dreamliner deal swings orders back in Boeing’s favor with the largest variant of 787. Qantas last placed a Dreamliner order in 2018, when it signed a deal for six jetliners meant to replace its remaining Boeing 747s.

Persons: Loren Elliott, Vanessa Hudson, Valerie Insinna, David Shepardson, Tim Hepher, Stephen Coates Organizations: Qantas, Sydney Airport, REUTERS, Boeing, Qantas Airways, Airbus, Incoming Qantas, Australian, Thomson Locations: Sydney, Australia, London, New York, Boeing’s

The IPO could come later this year or early next year, subject to market conditions, the sources added, requesting anonymity because the matter is confidential. The valuation attained will also be subject to market conditions, the sources added. EQT, CPPIB and Goldman Sachs declined to comment. The company develops payment software helping clients such as large hospital systems with the collection of bills from patients. The company now works with 1 million healthcare providers and handles more than 2.5 billion transactions annually, according to its website.

Persons: Goldman Sachs, Waystar, CPPIB, Echo Wang, David Carnevali, Stephen Coates Organizations: EQT, Plan Investment, Goldman Sachs Group Inc, JPMorgan Chase &, JPMorgan, Bain Capital, Fitch, Medicare, Medicaid Services, Thomson Locations: Canada, Navicure, New York

☆ Australia to buy U.S. Tomahawk missiles to boost long-range strike capability
▼ + stars: | 2023-08-21 | by ( Renju Jose | ) www.reuters.com time to read: +2 min

Australia's Defence Minister Richard Marles attends a joint news conference with France's Foreign and Defence ministers at the Quai d'Orsay in Paris, France, January 30, 2023. REUTERS/Sarah Meyssonnier Acquire Licensing RightsSYDNEY, Aug 21 (Reuters) - Australia will spend A$1.3 billion ($833 million) to boost its long-range strike capabilities as it finalised on Monday a deal to buy more than 200 Tomahawk cruise missiles from the United States, part of a wide-ranging defence shake-up. Australia will be only one of three nations to have Tomahawks along with the U.S. and Britain, Defence Minister Richard Marles said. Earlier this year it agreed to work with the United States and Britain to develop a nuclear-powered submarine fleet. In addition to the Tomahawks, Australia would spend about A$431 million to purchase more than 60 advanced anti-radiation guided missiles from the United States, the defence minister said.

Persons: Richard Marles, Sarah Meyssonnier, Marles, ., Renju Jose, Stephen Coates Organizations: Australia's, France's Foreign, Quai d'Orsay, REUTERS, Rights, U.S, Defence, Defence Force, U.S . State Department, RTX Corp, Royal Australian, High, Artillery Rocket Systems, Thomson Locations: Paris, France, Australia, United States, Britain, Hobart, China, Sydney

☆ Glitch Temporarily Wiped Out X Images and Links From 2011 to 2014
▼ + stars: | 2023-08-21 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

A glitch temporarily wiped out X images and links between 2011 and 2014. It also seemed to affect links posted in the same three-year period — some of which have become shortened links. Even images and links posted by X chairman Elon Musk before December 2014 continue to be inaccessible to some of Insider's reporters. Screenshot of Elon Musk's X posts from before 2014, with inaccessible links or images Elon Musk/XX first introduced image-sharing to its platform in June 2011. It remains unclear why the glitch occurred, and neither Musk nor X acknowledged the glitch since the outages began.

Persons: Oscar selfie, Ellen DeGeneres, Tom Coates, Coates, selfie —, Ellen, Elon Musk, Elon Musk's, Musk Organizations: Twitter, X

☆ South Korea will cooperate more with US, Japan if North's threats continue
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +1 min

[1/2] U.S. President Joe Biden holds a joint press conference with Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol during the trilateral summit at Camp David near Thurmont, Maryland, U.S., August 18, 2023. REUTERS/Jim Bourg/File Photo Acquire Licensing RightsSEOUL, Aug 21 (Reuters) - South Korean President Yoon Suk Yeol said on Monday trilateral cooperation with the United States and Japan will grow stronger if North Korea's threats increase. The summit at the Camp David presidential retreat was the first standalone meeting between the U.S. and Japan and South Korea, as they seek to project unity in the face of China's growing power and nuclear threats from North Korea. Yoon said the trilateral cooperation did not exclude other countries, and that it would contribute to freedom, peace and prosperity in the region and the world. Reporting by Soo-hyang Choi, Ju-min Park and Jihoon Lee; Editing by Christian Schmollinger and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Fumio Kishida, Yoon Suk, Camp David, Jim Bourg, Yoon Suk Yeol, Yoon, Soo, hyang Choi, Jihoon Lee, Christian Schmollinger, Stephen Coates Organizations: Japanese, South, REUTERS, Rights, U.S, Camp, Thomson Locations: Camp, Thurmont , Maryland, U.S, Rights SEOUL, United States, Japan, South Korea, Britain, Australia, India, North Korea

☆ Australia's IAG sees lower double-digit gross written premium growth
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +2 min

Small toy figures are seen in front of displayed IAG (Insurance Australia Group) logo in this illustration taken, November 8, 2021. Australia's top general insurer reported a 10.6% rise in GWP to A$14.73 billion ($9.4 billion) for fiscal 2023, matching the Refinitiv estimate. The company also expects an insurance margin in fiscal 2024 of 13.5%–15.5%, higher than the pervious year's margin of 12.6%. IAG also declared a dividend of 9 Australian cents per share, up from 5 cents per share a year ago. The insurer posted cash earnings of A$452 million for the 12 months ended June 30, up from A$213 million a year ago.

Persons: Dado Ruvic, Nick Hawkins, IAG, Refinitiv Eikon, Nausheen Thusoo, Archishma Iyer, Paul Simao, Stephen Coates Organizations: Insurance, REUTERS, cps, Insurance Australia Group, ”, Thomson Locations: GWP

"We have waited for this moment for many years," said Carlos de Leon Samayoa, 27, as he celebrated on the streets of Guatemala City. Arevalo unexpectedly emerged out of political obscurity to build a large anti-graft movement with his Semilla party, after many other opposition candidates were barred from running. [1/9]Guatemalan anti-graft presidential candidate Bernardo Arevalo, of the Semilla political party, poses for a photo during the presidential run-off election, in Guatemala City, Guatemala August 20, 2023. "The ruling pact will likely continue to target electoral officials and Arevalo’s Semilla party with investigations ahead of January’s change in government," she said. POLITICAL TENSIONSBeyond his anti-graft policies, Arevalo said he wants to expand relations with China alongside Guatemala's longstanding allegiance with Taiwan.

Persons: Bernardo Arevalo, Arevalo, Sandra Torres, Alejandro Giammattei, revel, Guatemalans, Arevalo's, Carlos de Leon Samayoa, Torres, Guatemala's, Pilar Olivares, Risa Grais, Arevalo’s, Eladio Loizaga, Giammattei, Ana María Méndez, Cassandra Garrison, Sofia Menchu, Herbert Villarraga, Diego, Drazen Jorgic, Stephen Eisenhammer, Miral Fahmy, Stephen Coates, Gerry Doyle Organizations: GUATEMALA CITY, Central, Twitter, REUTERS, Eurasia Group, Organization of American States, Central America, Diego Ore, Thomson Locations: GUATEMALA, Guatemalan, United States, Guatemala, Americas, Guatemala City, June's, China, Taiwan, Taipei, Honduras, America

☆ Take Five: Summer at Jackson Hole
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +5 min

REUTERS/Jason Reed Acquire Licensing RightsLONDON, Aug 16 (Reuters) - It's summer camp season and not to be left out, U.S. rate setters and overseas pals gather in Jackson Hole, Wyoming, to talk central banking. U.S. Federal Reserve officials (plus friends from the ECB, BoE and BOJ) descend on Jackson Hole, Wyoming on Aug. 24-26 for their annual central bank confab. Inflation remains sticky in places and investors want to know how long it will take for central banks to switch to easing. European PMIs could provide a bigger signal on whether the European Central Bank will hike again in September and if the Bank of England opts for a big rate increase. Turkey's central bank is poised to raise rates on Thursday for the third time in a row since Hafize Gaye Erkan was appointed as governor in early June.

Persons: Jason Reed, Ira Iosebashvili, Li Gu, Yoruk, Rosario, Marc Jones, Rachel Savage, BoE, Jackson, Vladimir Putin, Hafize Gaye Erkan, Erkan, Tayyip Erdogan, Dhara Ranasinghe, Stephen Coates Organizations: U.S . Federal, REUTERS, U.S . Federal Reserve, ECB, Nvidia, CARE, HK, China, European Central Bank, Bank of England, West, Reuters, Thomson Locations: Washington, U.S, Jackson Hole , Wyoming, China, Ira, New York, Shanghai, Amsterdam, Jorgelina, London, Johannesburg, confab, CHINA, Beijing, United States, European, Brazil, Russia, India, South Africa, Saudi Arabia, Argentina, Egypt, Turkey

☆ US slaps tariffs on some big solar companies for dodging China duties
▼ + stars: | 2023-08-18 | by ( Nichola Groom | ) www.reuters.com time to read: +2 min

Solar panels are set up in the solar farm at the University of California, Merced, in Merced, California, U.S. August 17, 2022. The decision, which largely mirrors a preliminary finding the agency made in December, was opposed by buyers of solar panels that rely on cheap products made overseas to make their projects competitive. Other companies operating in those nations have the ability to pursue a certification process to show that they are not circumventing tariffs. The U.S. has had anti-dumping duties in place for a decade on Chinese-made solar products after a Commerce probe found Chinese companies were receiving unfair government subsidies that kept their prices artificially low. The companies and others will face the same duty rates the United States already assesses on their Chinese-made products.

Persons: Nathan Frandino, Joe Biden's, Trina Solar, Joe Biden, Nichola Groom, Stephen Coates Organizations: University of California, REUTERS, Commerce Department, Commerce, Energy, New, Thomson Locations: Merced, Merced , California, U.S, United States, Cambodia, Malaysia, Thailand, Vietnam

☆ North Korea's Kim visits typhoon-hit farmlands amid food shortage concerns
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +1 min

[1/5] North Korean leader Kim Jong Un and North Korea's Premier Kim Tok Hun tour typhoon-affected farms in Anbyon County, North Korea, in this undated photo released by North Korea's Korean Central News Agency (KCNA) on August 17, 2023. KCNA via REUTERS Acquire Licensing RightsSEOUL, Aug 18 (Reuters) - North Korean leader Kim Jong Un has inspected typhoon-hit farmlands, state media said on Friday, after tropical storm Khanun swept over the Korean Peninsula last week amid mounting concerns over a food crisis in the reclusive country. The North has suffered serious food shortages in recent decades, including famine in the 1990s, often as a result of natural disasters. Khanun, which was downgraded from a typhoon to a tropical storm, made landfall on the Korean peninsula last week, prompting South Korean authorities to evacuate more than 14,000 people and close schools in flood-hit areas. Reporting by Soo-hyang Choi; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Jong Un, Kim Tok, Kim Jong, Kim, KCNA, Soo, hyang Choi, Stephen Coates Organizations: North Korea's, North, Korean Central News Agency, KCNA, REUTERS Acquire, Rights, South, Thomson Locations: Anbyon County, North Korea, Rights SEOUL

Aug 18 (Reuters) - A massive wildfire in Canada's western province of British Columbia prompted more evacuation orders early on Friday, as firefighters race against advancing flames to move all residents from the remote northern city of Yellowknife to safety. The evacuation orders were issued after wildfires that were discovered on Tuesday jumped Lake Okanagan, sparking spot wildfires in Kelowna. The massive fire to the northwest of Yellowknife only advanced by around one kilometer on Thursday, officials said, held back by winds. It is now about 15 km away from the city and authorities expect the fires to reach the outskirts of Yellowknife by the weekend. Officials in British Columbia, which has suffered unusually intense blazes this year, warned residents to prepare for extreme fire conditions.

Persons: Nobody, Tebbia Teoncey, Jennifer Gauthier, Mike Westwick, Bowinn Ma, Dan Whitcomb, David Ljunggren, Ismail Shakil, Denny Thomas, Stephen Coates, Sharon Singleton Organizations: British Columbia, REUTERS, Yellowknife, City of, Emergency Management, Thomson Locations: British, Yellowknife, Kelowna, Vancouver, Kelowna ., Northwest Territories, Edmonton , Alberta, Canada, British Columbia, City, City of West Kelowna, Ottawa

☆ New Zealand pushes back start date for price on farm emissions
▼ + stars: | 2023-08-18 | by ( Lucy Craymer | ) www.reuters.com time to read: +2 min

New Zealand, home to 5 million people, has about 10 million cattle and 26 million sheep and nearly half its total greenhouse gas emissions come from agriculture, mainly methane. It is one of the first countries to announce it will price agricultural emissions, but the government has faced criticism from parts of the farming community which is concerned about the cost. “It’s important the system to manage and price agricultural emissions is workable, effective, fiscally responsible and set up to last. Scientifically validated carbon sequestration such as tree planting around waterways and indigenous forestry would be recognised in the New Zealand Emissions Trading Scheme, he added. National, the largest opposition party, says it will only look to price farm emissions by 2030.

Persons: Noel Womersley, Canterbury Homekill, Jorge Silva, Damien O’Connor, ” Kate Acland, Lucy Craymer, Stephen Coates Organizations: REUTERS, Rights, Labour, Agriculture, Zealand, National, Thomson Locations: Canterbury, Christchurch , New Zealand, New Zealand, Zealand

☆ Country Garden: How bad is China's property crisis?
▼ + stars: | 2023-08-17 | by ( Clare Jim | ) www.reuters.com time to read: +5 min

HONG KONG, Aug 17 (Reuters) - The debt crisis at Country Garden (2007.HK), China's largest property developer before this year and once considered a financially sound company, has triggered fresh contagion fears just two years after China Evergrande Group (3333.HK) defaulted. S&P Global Rating said on Wednesday it could adjust its forecast for property sales to a "descending staircase" figure from an "L" shaped recovery, if Country Garden officially defaulted. However, it emerged when the property market and the economy are in much worse shape. Evergrande was already insolvent at the time of default, but Country Garden currently still has more assets than liabilities. Analysts warn that Country Garden could become insolvent if it had to write off large inventories, and run into negative equity if its asset values dropped over time.

Persons: Evergrande, Moody's, Lehman, Clare Jim, Sumeet Chatterjee, Stephen Coates Organizations: HK, China Evergrande, Local, Beijing, International, International Monetary, WILL, Communist Party, Thomson Locations: HONG KONG, Evergrande, China, Beijing

☆ Sam Asghari seeks divorce from Britney Spears 14 months after wedding
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +2 min

Britney Spears and Sam Asghari pose at the premiere of "Once Upon a Time In Hollywood" in Los Angeles, California, U.S., July 22, 2019. REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsLOS ANGELES, Aug 17 (Reuters) - Sam Asghari, the husband of pop superstar Britney Spears, is seeking to divorce the singer he married last year after she was released from a legal conservatorship. The 29-year-old Asghari cited "irreconcilable differences" in a filing in Los Angeles Superior Court on Wednesday. In a statement on Instagram, Asghari said he and Spears "have decided to end our journey together." Asghari and Spears, 41, wed 14 months ago in June 2022 after dating for nearly six years.

Persons: Britney Spears, Sam Asghari, Mario Anzuoni, Spears, Asghari, Jamie Spears, Jason Alexander, Kevin Federline, Lisa Richwine, Diane Craft, Stephen Coates Organizations: REUTERS, Los Angeles Superior Court, Asghari, Thomson Locations: Los Angeles , California, U.S, Los Angeles, Las Vegas

Companies City of Yellowknife FollowYELLOWKNIFE, Northwest Territories, Aug 16 (Reuters) - Canadian officials ordered the evacuation of the Northwest Territories' capital of Yellowknife and several smaller communities on Wednesday as a massive wildfire threatened the town of Hay River overnight. Canada is enduring its worst wildfire season with more than 1,000 active fires burning across the country, including 230 in the Northwest Territories. The Northwest Territories declared a state of emergency late Tuesday and the Canadian military has been mobilized to help tackle the blazes and airlift some residents to safety. Cochrane spoke to Canadian Prime Minister Justin Trudeau about the wildfire situation on Wednesday afternoon. Blazes have engulfed parts of nearly all 13 Canadian provinces and territories this year, forcing home evacuations, disrupting oil and gas production and drawing in federal as well as international firefighting resources.

Persons: Mike Westwick, Westwick, Northwest Territories Premier Caroline Cochrane, Pat Kane, I've, Cochrane, Justin Trudeau, Trudeau, Nia Williams, Ismail Shakil, David Ljunggren, Dan Whitcomb, Diane Craft, Stephen Coates Organizations: Northwest Territories, Northwest Territories Premier, REUTERS, City, Canadian, Thomson Locations: Yellowknife, YELLOWKNIFE, Northwest Territories, Northwest, Hay, Canada, Enterprise, Alberta, Sunday, City, Western Canada, Pacific, British Columbia, Cathedral, Keremeos, Ottawa, Los Angeles

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