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European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - A private fund that plans to build power projects on sites such as hospitals and data centres to reduce energy wastage has secured backing from the European Union's investment arm.The European Investment Fund (EIF) said it had invested 125 million euros in the 'Green Energy Solutions Fund', which is run by Sustainable Development Capital (SDCL).The investment helped the fund hit its fundraising target of 650 million...

A man works on an electrical generator board during power outages in Basra, Iraq August 21, 2021. Picture taken August 21, 2021. REUTERS/Essam al-Sudani/File Photo Acquire Licensing RightsWASHINGTON, Nov 14 (Reuters) - The United States has issued a new 120-day waiver allowing Iraq to pay Iran for electricity, U.S. officials said on Tuesday, stressing Tehran could only use the funds for humanitarian trade and seeking to blunt criticism of giving Iran the money.U.S. officials said the waiver was identical to one in July that for the first time allowed Iraq...

NEW YORK/LONDON, Nov 14 (Reuters) - World stocks soared on Tuesday after U.S. inflation data came in cooler than forecast in October, fuelling investor bets that an era of interest rate rises is over and borrowing costs may even soon start to fall.Data showed U.S. consumer prices were unchanged in October amid lower gasoline prices, while underlying inflation showed signs of slowing. Excluding volatile food and energy components, the CPI increased 0.2% amid higher costs for rental housing. Analysts polled by Reuters had expected a 0.3% gain.By 12:02 p.m. ET...