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New dam disaster puts Vale CEO, deals and dividends under scrutiny

SAO PAULO (Reuters) – When Fabio Schvartsman took the reins of Vale SA in 2017, he suggested a motto for the world’s largest iron miner, turning the page on a tailings dam disaster that hit a small Brazilian town two years before: “Mariana, never again.” That ... More »

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Senate shelves disaster aid bill until next month

WASHINGTON (Reuters) – Legislation to provide $81 billion in new disaster aid for U.S. states, Puerto Rico and the U.S. Virgin Islands was put on hold by the Senate on Thursday amid attacks from both Republicans and Democrats. The Republican-controlled House o... More »

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U.S. House approves $81 billion for disaster aid

WASHINGTON (Reuters) – The U.S. House of Representatives on Thursday approved an $81 billion bill to help widespread recovery efforts from hurricanes and wildfires this year. By a vote of 251-169, the House passed the measure to help Puerto Rico, the U.S. Virg... More »

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Somalia says 110 dead in last 48 hours due to drought

Some 110 people have died in southern Somalia in the last two days from famine and diarrhea resulting from a drought, the prime minister said on Saturday, as the area braces itself for widespread shortages of food. More »