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EXPLAINER-Will COP28 deliver a new fund for climate loss and damage?

As communities in countries rich and poor face soaring costs from extreme weather and rising seas, governments are grappling with how to set up a new fund to tackle "loss and damage" driven by global warming.

Japan braces for torrential rain as typhoon nears

Parts of Japan were slammed by torrential rain on Friday as Typhoon Mawar neared, bringing winds and heavy rain to a wide swathe of the country and prompting authorities to advise tens of thousands to evacuate.

GRAINS-US wheat dips as worries ease over China rain-damaged crop

Chicago wheat futures dipped during Asian trading on Friday and were on track for a weekly decline as damage to crops in China from heavy rain is seen unlikely to dampen global supply.

FEATURE-Drought fuels water conflict in France, Spain as farmers face fury

T he grey skies were a welcome sight for drought-hit farmers in France's Nouvelle Aquitaine region. But rare rains earlier this month offered only brief respite for agricultural producers, whose weather woes are now being compounded by growing conflict over scarce water.

RPT-INSIGHT-Texas battery rush: Oil state s power woes fuel energy storage boom

BlackRock, Korea's SK, Switzerland's UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power grid problems plaguing the state, according to project owners, developers.

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