Indonesia, ADB, owners agree to shutter first coal-fired power station early
Indonesia and the Asian Development Bank have agreed a provisional deal with the owners of the Cirebon-1 coal-fired power plant to shutter it almost seven years earlier than planned, the ADB's senior climate change energy specialist told Reuters.
COP28 summit opens with hopes for early deal on climate damage fund
As global leaders gather in Dubai for the world's U.N. climate conference, delegates hope to clinch an early victory on a disaster fund on Thursday before the summit turns its focus to fossil fuels and other divisive topics.
OPEC+ ministers meet to discuss additional oil output cuts
The OPEC+ alliance was set to hold a set of meetings on Thursday to discuss additional oil production cuts for next year to support the market, three delegates told Reuters.
Beijing bourse tells ‘major shareholders’ to refrain from selling, sources say
The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on the bourse from selling stock, worried that such sales could douse a long-desired rally, three people familiar with the matter said on Monday.
China’s fast-fashion retailer Shein files for US IPO – sources
China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.
