By Valerie Volcovici
WASHINGTON (Reuters) -U.N. Secretary General António Guterres on Tuesday called on tech companies to power the build out of data centers with 100% renewable energy by 2030, even as the industry turns to gas and coal-fired power plants to meet surging demand.
The secretary general made his case for why he believes energy-hungry data centers should lock in a future of clean energy, saying the transition to renewable energy... (continue reading...)
By Andrea Shalal
WASHINGTON (Reuters) -Global current account balances widened sharply in 2024, reversing a narrowing under way since the global financial crisis of 2008-2009, the International Monetary Fund said on Tuesday, warning that tariffs were not the answer.
In its annual External Sector Report, which assesses imbalances in the 30 largest economies, the IMF noted that external surpluses or deficits were not necessarily a problem, but... (continue reading...)
By Charlotte Greenfield
JERUSALEM (Reuters) -Cardinal Pierbattista Pizzaballa, Jerusalem's Latin Patriarch, said on Tuesday he and church leaders had returned from a visit to Gaza with "broken hearts", calling the spiralling humanitarian crisis there "morally unacceptable".
Pizzaballa and Theophilos III, the Greek Orthodox Patriarch of Jerusalem, on Friday visited the Holy Family Church compound in Gaza City, where an Israeli strike last week... (continue reading...)
By Javi West Larrañaga and Marleen Kaesebier
(Reuters) -The outlook for European corporate health has slightly improved, the latest earnings forecasts showed on Tuesday, despite continued uncertainty over global trade and the European Union preparing for counter-measures against any major U.S. tariffs.
European companies are expected to report a drop of 0.3% in second-quarter earnings, on average, according to LSEG I/B/E/S data. That is... (continue reading...)
(Reuters) -A Bangladesh Air Force fighter jet on a routine training mission crashed into a college and school campus in the capital Dhaka on Monday after what the military said was a mechanical failure. At least 31 people were killed, most of them children.
Here's what we know about the F-7 BGI jet that went down:
WHAT ARE F-7/J-7 FIGHTER JETS?
The F-7 BGI, which crashed soon after take-off, is a lightweight fighter jet, the... (continue reading...)
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