Reuters

AMSTERDAM (Reuters) - Federal Reserve Chair Jerome Powell said on Tuesday support for U.S. central bank independence remains "very strong" in Congress, pushing back on concerns surfaced in recent news coverage that the hands-off status the Fed largely enjoys may be jeopardized by a second presidency of Donald Trump.

"I'm less worried about that than the sort of things that had been in the press lately might suggest," Powell said in response to a... (continue reading...)

MEXICO CITY (Reuters) - Chinese electric auto maker BYD expects to have chosen a site to build a plant in Mexico, where it will put out up to 150,000 cars a year, by the end of 2024, the firm's Americas head said on Tuesday.

The plant will be built in central Mexico, Americas head Stella Li told Reuters in an interview. It should take two to three years to open, she added.

(Reporting by Cassandra Garrison; Editing by Sarah Morland)

By Nia Williams

(Reuters) - Firefighters in western Canada are battling the first major wildfires of 2024, which sparked into life after unseasonably warm temperatures and an ongoing drought left forests tinder-dry.

Wildfire season in Canada typically runs from April, when the snow melts, until September or October when cooler temperatures and increased precipitation helps dampen fire activity. Provincial wildfire agencies also recorded... (continue reading...)

By Gloria Dickie

LONDON (Reuters) -The intense northern hemisphere summer heat that drove wildfires across the Mediterranean, buckled roads in Texas and strained power grids in China last year made it not just the warmest summer on record - but the warmest in some 2,000 years, new research suggests.

The stark finding comes from one of two new studies released on Tuesday, as both global temperatures and climate-warming emissions continue to... (continue reading...)

(Reuters) - More than 160 U.S. House lawmakers on Tuesday urged the National Mediation Board (NMB) to take steps to help about 80,000 flight attendants reach new contract deals.

Flight attendants at United Airlines, American Airlines, Alaska Airlines and Frontier are among those still working to reach new contract deals.

The bipartisan group of lawmakers led by Representative Melanie Stansbury said flight attendants have been stuck in... (continue reading...)