Stocks fell to their lows of the day on Friday on news that Chinese trade officials are cutting short their visit to the U.S.US Marketsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
Walmart is the latest to pull back from the industry. Federal regulators said they will soon ban flavored e-cigarettes while some nations have outlawed the products...Health and Scienceread more
Legal experts say that California, which has pledged to sue, has a strong case that the administration's move is unlawful.Politicsread more
Solomon launched Payback Records last year as his music career was picking up.Financeread more
A group of 23 states on Friday sued to undo the Trump administration's determination that federal law bars California from setting stiff tailpipe emission standards and...Transportationread more
U.S. officials, including Secretary of State Mike Pompeo, have accused Iran of orchestrating devastating strikes on Saudi oil installations over the weekend.Politicsread more
Rosengren was one of two central bank officials to vote against Wednesday's quarter-point rate reduction, and explained in a speech to the Stern School of Business at New York...Economyread more
* Pope Francis tells top energy executives to act now
* Pontiff urges world to heed scientific findings
* Pope says doomsday predictions can no longer be dismissed (Adds BP CEO comment)
VATICAN CITY, June 14 (Reuters) - Pope Francis said on Friday that carbon pricing is "essential" to stem global warming - his clearest statement yet in support of penalising polluters - and appealed to climate change deniers to listen to science.
In an address to energy executives at the end of a two-day meeting, he also called for "open, transparent, science-based and standardised" reporting of climate risk and a "radical energy transition" away from carbon to save the planet.
Carbon pricing, via taxes or emissions trading schemes, is used by many governments to make energy consumers pay for the costs of using the fossil fuels that contribute to global warming, and to spur investment in low-carbon technology.
The Vatican did not release the names of those who attended the closed-door meeting at its Academy of Sciences, a follow-up to one a year ago, but industry sources said the companies represented were believed to be the industry giants Eni, Exxon, Total, Repsol, BP, Sinopec, ConocoPhillips, Equinor, Chevron.
A small group of demonstrators gathered outside a Vatican gate. One held a sign reading "Dear Oil CEOs - Think of Your Children".
Francis, who has made many calls for environmental protection and has clashed over climate change with leaders such as U.S. President Donald Trump, said the ecological crisis "threatens the very future of the human family".
"WE HAVE FAILED TO LISTEN"
He implicitly criticised those who, like Trump, deny that climate change is mostly caused by human activity.
"For too long we have collectively failed to listen to the fruits of scientific analysis, and doomsday predictions can no longer be met with irony or disdain," he said. Discussion of climate change and energy transition must be rooted in "the best scientific research available today".
Last year, Trump rejected projections in a report by his own government that climate change will cause severe economic harm to the U.S. economy.
Trump also announced his intent to withdraw the United States from the 2015 Paris deal to combat climate change, becoming the first country to do so among 200 signatories.
Francis, who wrote an encyclical - a significant document on Church teaching - in 2015 on protection of the environment, and strongly supports the Paris accord, said time was running out to meet its goals.
"Faced with a climate emergency, we must take action accordingly, in order to avoid perpetrating a brutal act of injustice towards the poor and future generations," he said.
"We do not have the luxury of waiting for others to step forward, or of prioritising short-term economic benefits."
Oil companies have come under growing pressure from investors and activists to meet the Paris goals.
Companies including Royal Dutch Shell, BP and Total have laid out plans to expand their renewable energy business and reduce emissions, though many investors say they will have to do more.
BP Chief Executive Bob Dudley said after the meeting that "the world needs to take urgent action to get us on a more sustainable path and it is critical that everyone plays their part - companies and investors, governments and individuals". (Additional reporting by Ron Bousso in London and Steve Jewkes in Milan; Editing by Catherine Evans, Kevin Liffey and Raissa Kasolowsky)