Floods, other water-related disasters could cost the economy $5.6 trillion by 2050 – report

A residential cul-de-sac is covered in floodwaters after heavy rain in Chehalis, Washington, US, January 7, 2022. Picture taken with a drone. REUTERS/Nathan Howard Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 29 (Reuters) – Worsening droughts, storms and torrential rain in some of the world’s largest economies could cause $5.6 trillion … Read more

UK’s competition watchdog orders Veolia to sell parts of UK business

A logo on the windows of the Veolia Environnement headquarters in Paris, France, February 9, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 25 (Reuters) – The UK’s Competition and Markets Authority has ordered the unwinding of the merger of waste management firms Veolia and Suez in the UK, … Read more

Analysis: As drought risks rise, investors eye thirsty companies, solutions

NEW YORK/LONDON, Aug 22 (Reuters) – As droughts worsen across the world, investors are turning up the heat on companies wasting water and trying to pick winners from a sparse crowd of specialist listed companies looking to address the problem. From Kenya to California and nearly half of Europe, a shortage of fresh water has … Read more

Macquarie nearing $2.5 billion deal for Suez’s UK waste business, Bloomberg reports

The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of ​​its Sydney office headquarters in Australia, Oct. 28, 2016. REUTERS/David Gray/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 7 (Reuters) – French waste and water management company Veolia Environnement SA is nearing a … Read more

Utah’s Great Salt Lake is drying out, threatening ecological, economic disaster.

SALT LAKE CITY, Utah, July 14 (Reuters) – Utah’s Great Salt Lake dropped to its lowest recorded level this month amid a two-decade drought, a grim milestone as researchers and politicians point to grave threats to wildlife and people along its receding shores. . The nearby metropolis of Salt Lake City is already subject to … Read more

N.Korean streets flooded as heavy rains exacerbate economic crisis

Buildings in North Korea’s Sinuiju are seen behind the Friendship Bridge over the Yalu river, during sunrise in Dandong, Liaoning province, China April 20, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register SEOUL, July 8 (Reuters) – North Korean towns along the border with China were flooded this week after heavy … Read more