LONDON (Reuters) - U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife. Former President Joe Biden supported the offshore wind industry, setting a target for 30 gigawatts (GW) of projects by 2030, up from 42 megawatts...

CAIRO, Jan 21 (Reuters) - Egypt's state grain buyer, Mostakbal Misr, has made a significant purchase of Russian wheat, set for shipment this month, three sources familiar with the matter told Reuters. The shipment, procured through Russia's OZK Group, will be loaded onto four vessels sailing under the Egyptian flag. The sources did not disclose the total volume or price...

05:02 AM EST, 01/21/2025 (MT Newswires) -- New Oriental Education & Technology Group ( EDU ) reported fiscal Q2 non-GAAP net income Tuesday of $0.22 per diluted American depositary share, down from $0.29 a year earlier. Analysts polled by FactSet expected $0.30. Net revenue for the quarter ended Nov. 30 was $1.04 billion, compared with $869.6 million a year earlier....

SHANGHAI (Reuters) - China's luxury market declined by 18% to 20% in 2024, marking the end of a period of exponential growth, with sales expected to remain flat this year, consultancy Bain and Company said at the launch of its latest 'China Luxury Report' on Tuesday. Discretionary items, including personal luxury goods, have been hard hit in China, which accounts...