By Gloria Dickie BAKU (Reuters) – Children from East Africa, where heatwaves and floods have shuttered schools in recent months, are pushing for world leaders to protect their education – and their future – at the United Nations COP29 climate summit in Azerbaijan. Siama, 17, from South Sudan, missed two weeks of school in April when temperatures surged to 45 degrees Celsius (113 Fahrenheit). “Our country is a developing country

By Kate Abnett and Valerie Volcovici BAKU (Reuters) – The U.N.’s climate chief called on leaders of the world’s biggest economies on Saturday to send a signal of support for global climate finance efforts when they meet in Rio de Janeiro next week. The plea, made in a letter to G20 leaders from UN Framework Convention on Climate Change Executive Secretary Simon Stiell, comes as negotiators at the COP29 conference

By Marvin Valladares TELA, Honduras (Reuters) – Wading through waist-deep water, residents along the northern coast of Honduras trudged through the streets on Friday carrying their belongings and pets, as heavy rains from Tropical Storm Sara caused widespread flooding across the area. Sara churned menacingly near the Caribbean coast of Honduras, close to beach resorts and ancient Maya ruins popular with tourists, as the storm also took aim at neighboring

CNBC’s Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. And as postelection worries create an uncertain market landscape, he advised that investors proceed with caution. “Look, I’ve told you that there are many pitfalls with individual stocks when it comes to Trump 2.0. Most of them are buying opportunities,” he said. “But with stocks still up so

Investing.com — have been left in the dust of the post-election surge in risk assets as  challening fundamentals of increased supply and slower demand point to an “iffy end to the year and deeply uncertain 2025 for crude, Piper Sandler said in a recent note. “We have not met anyone bullish oil. In talking with numerous clients we encounter sullen resignation about the bearish outlook for 2025, even in Canada,” Piper Sandler said. Prospects for oil demand growth remain rather dim, 

WASHINGTON (Reuters) – U.S. President-elect Donald Trump said on Friday his nominee for interior secretary, North Dakota Governor Doug Burgum, will chair a new National Energy Council, which will oversee efforts to boost energy production. “This Council will oversee the path to U.S. ENERGY DOMINANCE by cutting red tape, enhancing private sector investments across all sectors of the Economy, and by focusing on INNOVATION over longstanding, but totally unnecessary, regulation,”

Also: Trump’s cabinet choices, a possible extension for the bitcoin rally, and how cars destroy wealth Source link

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in U.S. fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar. futures settled 28 cents, or 0.4% higher at $72.56 a barrel, while U.S. West Texas Intermediate crude futures rose 27 cents, or 0.4% at $68.70. Both benchmarks had briefly dipped into negative territory during the trading

A look at the day ahead in U.S. and global markets from Mike Dolan Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the Federal Reserve is getting cagier about the extent of further policy easing. Fed boss Jerome Powell didn’t give much away in a keenly-watched set-piece speech on Thursday, but made it clear that the central bank still sees a

By Hannah Lang and Laura Matthews (Reuters) – broke through the $90,000 level on Wednesday, to an all-time high in a rally showing no signs of easing on expectations that Donald Trump as U.S. president will be a boon for cryptocurrencies. The world’s biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched a record of $93,480 before paring gains.