Reuters

By Ron Bousso

(Reuters) - Shell shareholders on Tuesday rejected a resolution filed by a group of investors urging the energy company to set tighter climate targets.

The vote came after Shell CEO Wael Sawan weakened a 2030 carbon reduction target in March, citing expectations for strong gas demand and uncertainty in energy transition, while focusing on more profitable operations, primarily in oil and gas.

... (continue reading...)

BEIJING (Reuters) - China will control the intertwined risks in the property sector, local government debt and small local financial institutions, Vice Premier He Lifeng said on Tuesday.

China is seeking to restore confidence in its financial system, which is mired in a property crisis and mounting local government debt, as the economy faces a host of challenges.

The country will also seek to prevent systemic risks and crack down on... (continue reading...)

VATICAN CITY (Reuters) - An investigation ordered by Pope Francis has cleared Canadian Cardinal Gerald Lacroix of wrongdoing after he was named in a class-action lawsuit that alleged sexual assault, the Vatican said on Tuesday.

The pope had asked retired Canadian judge Andre Denis to look into the allegations which were included in the lawsuit against the Archdiocese of Quebec.

The vatican said in a statement that the judge did not... (continue reading...)

(Reuters) - The number of U.S. customers shopping for auto insurance in the first quarter was 6% higher than a year earlier, according to credit reporting agency TransUnion, underscoring efforts to cut costs as inflation squeezes consumer wallets.

WHY IT'S IMPORTANT

Insurance shopping refers to the practice of evaluating different policies to seek out the one best suited to a customer's needs.

Customers shop for insurance... (continue reading...)

LONDON (Reuters) - A Moscow court ruled on Tuesday that Russia's Investigative Committee is not obliged to investigate two attempts on the life of jailed dissident Vladimir Kara-Murza, independent news outlet Mediazona reported.

Moscow-born Kara-Murza, who has both Russian and British passports, was jailed last April for 25 years on treason charges after he repeatedly condemned Russia's war in Ukraine and lobbied for Western sanctions against Moscow.... (continue reading...)