WASHINGTON (Reuters) – The World Bank will double its commitment for investments in agricultural financing and businesses to $9 billion a year by 2030, the lender’s president announced on Wednesday. “We’ve examined the challenges from every angle — how to increase food production, boost productivity, and resolve issues around water scarcity, fertilizers, infrastructure, and financing,”…
By Guy Faulconbridge MOSCOW (Reuters) – The idea of the BRICS group ever challenging the U.S. dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters. Russian President Vladimir Putin is…
MILAN (Reuters) – Carmaker Stellantis will launch by 2026 a demonstration fleet of vehicles fitted with solid-state batteries from U.S. startup Factorial, the two companies said on Wednesday. Solid-state batteries are expected to reduce fire risk and allow for lighter, lower-cost cars that can travel further on a single charge. They are seen as a…
By Jonathan Stempel (Reuters) – Warren Buffett will not endorse investment products or political candidates, according to a statement on conglomerate Berkshire Hathaway’s website, in an apparent effort to ward off people trying to capitalize on his reputation. “In light of the increased usage of social media, there have been numerous fraudulent claims regarding Mr….
