Investors managing $10.6 trillion on Wednesday said an overhaul of international carbon pricing policies was necessary to prevent the world missing a goal to limit climate change.

Investors managing $14 trillion have urged the United Nations to create a global plan to make the agriculture sector sustainable and curb one of the biggest sources of climate-damaging emissions, a letter seen by Reuters showed.

The Vatican on Tuesday unveiled a committee to oversee the ethics of its investments, even as a corruption trial related to a botched London real estate deal in which it lost more than 200 millions euros continued.

German chemicals group Evonik will build a U.S. production facility for lipids needed for mRNA therapies, winning considerable U.S. government backing for the $220 million investment.

The future will be written in the Indo-Pacific and now is the time for the United States and like-minded partners to invest in each other, U.S. President Joe Biden said on Friday after arriving in South Korea on the first leg of a six-day trip in Asia.

U.S. stock markets are tumbling but shares from developing economies have fallen just as fast. Since the start of the year, the S&P 500 Index of big U.S. companies is down about 17%; the MSCI Emerging Markets Index has dropped 18%. This basket of stocks, containing shares in companies from Brazil to the United Arab Emirates, now looks relatively good value. Investors who bought these equities when they were cheap at the turn of the century enjoyed excellent returns. Unfortunately, China’s increasing weight suggests that happy experience won’t be repeated.

NEW YORK (Reuters) -Individual investors were major buyers on Thursday as stocks sold off over concerns that the U.S. Federal Reserve would have to increase the size of interest rate hikes to tame inflation, which is running at a four-decade high.

Ukraine's largest steelmaker, Metinvest, said on Wednesday it had offered to evacuate staff from its coking plant in the eastern frontline city of Avdiivka after 10 workers were killed in Russian shelling.

WASHINGTON (Reuters) -Republican lawmakers welcomed news that billionaire Elon Musk, who calls himself a free speech absolutist, was purchasing Twitter Inc, but Democrats slammed it as a sign that more needed to be done to rein in Big Tech.

Top proxy adviser Institutional Shareholder Services recommended Occidental Petroleum Corp investors vote in favor of a shareholder proposal calling for the energy company to set and publish emissions reductions targets.