HELSINKI (Reuters) -Finland’s Prime Minister Sanna Marin on Tuesday urged Hungary and Turkey to swiftly approve the Swedish and Finnish applications for membership of the NATO defence alliance. Hungary and …
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US and World News
UK manufacturing shrinks at fastest rate since mid-2020 – PMI
by Reutersby ReutersLONDON (Reuters) – British manufacturing last month suffered its biggest contraction since the depths of the first COVID-19 lockdown in May 2020, with optimism draining fast, a survey showed on …
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By Bhargav Acharya and Alexander Winning JOHANNESBURG (Reuters) – South Africa still has space to raise interest rates, its central bank governor said on Tuesday ahead of a rate decision …
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Chinese fashion retailer Shein to open permanent ‘event space’ in Tokyo
by Reutersby ReutersTOKYO (Reuters) – Chinese fashion retailer Shein is to open its first permanent premises in Tokyo this month, the company said on Tuesday, aiming to bolster its online brand with …
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US and World News
The party’s over for illegal raves, Italy’s new government says
by Reutersby Reuters(This Oct. 31 story has been refiled to fix wording to law and order in paragraph 4.) ROME (Reuters) – Italy’s new right-wing government signalled on Monday it would crack …
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US and World News
China encourages administrative bodies to tap idle state assets
by Reutersby ReutersBEIJING (Reuters) – China’s finance ministry encourages administrative bodies to revitalise idle state-owned assets, including by market-based leasing or selling those assets as some were poorly managed, said a notice …
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By Anirudh Saligrama and Shubham Kalia (Reuters) -One person was killed and about 20 wounded on Halloween night in two separate shooting attacks in the U.S. cities of Kansas City …
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China, HK stocks rebound sharply on unverified social media posts over COVID easing
by Reutersby ReutersSHANGHAI (Reuters) – Hong Kong and China stocks jumped on Tuesday after rumours based on an unverified note circulating on social media that China was planning a reopening from strict …
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US and World News
Australia’s central bank says ready to go faster or pause on rate hikes as needed
by Reutersby ReutersBy Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank on Tuesday said further increases in interest rates would likely be needed to tame inflation, and it was …
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Sony hikes FY profit forecast by 4.5% on foreign exchange boost
by Reutersby ReutersBy Sam Nussey TOKYO (Reuters) -Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the boost from foreign exchange …
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Broker TP ICAP third-quarter revenue jumps on market volatility
by Reutersby Reuters(Reuters) – TP ICAP posted a 14% jump in its third-quarter revenue in reported currency on Tuesday, as the world’s biggest inter-dealer broker benefited from stock and foreign exchange market …
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Prosus and Naspers deny report they are in talks to sell Tencent stake
by Reutersby ReutersAMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue” a report that they are in talks to sell their large stake …
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Bertelsmann: plans to appeal ruling on Penguin Random House book merger
by Reutersby ReutersBERLIN (Reuters) – German media group Bertelsmann SE & Co, owner of Penguin Random House, said on Tuesday it would appeal a ruling by a U.S. court against a planned …
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MOSCOW (Reuters) – The rouble edged lower against the dollar, euro and yuan on Tuesday, as the Russian currency began trading without the support of a favourable month-end tax period …
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ECB must keep raising rates even if recession risks rise, Lagarde says
by Reutersby ReutersFRANKFURT (Reuters) – The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased, ECB President Christine …
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US and World News
China’s yuan bounces from 15-year low as dollar bulls retreat
by Reutersby ReutersSHANGHAI (Reuters) – China’s yuan bounced off a near 15-year low against the dollar and into the black in late trade afternoon on Tuesday, amid a broader greenback selloff and …
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Paul Pelosi attack suspect sought to take speaker hostage, prosecutors say
by Reutersby ReutersBy Paresh Dave and Steve Gorman SAN FRANCISCO (Reuters) -The man accused of bludgeoning U.S. House Speaker Nancy Pelosi’s husband with a hammer after breaking into the couple’s home threatened …
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Apple supplier Foxconn quadruples bonuses to staff hit by China COVID lockdown
by Reutersby ReutersBy Yimou Lee and Brenda Goh (Reuters) – Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer for workers at its Zhengzhou plant in central China as …
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Explainer-India central bank’s policy committee meets to discuss first inflation target miss
by Reutersby ReutersBy Swati Bhat MUMBAI (Reuters) – Reserve Bank of India’s monetary policy committee (MPC) will meet on Thursday, outside its scheduled meetings, to discuss its first ever inflation target miss, …
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ZURICH (Reuters) – Credit Suisse Group AG on Tuesday confirmed an extraordinary general meeting will take place on November 23 for shareholders to approve a proposed capital increase. The embattled …
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US and World News
South Korea Oct exports post worst fall in 26 months, deficit widens
by Reutersby ReutersBy Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea’s exports in October fell the most in 26 months while a trade deficit persisted for a seventh month, underscoring that …
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By Hadeel Al Sayegh DUBAI (Reuters) – Saudi Arabian state oil producer Aramco on Tuesday posted a 39% jump in its third-quarter net income that beat analysts’ forecasts, boosted by …
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US and World News
South Korean government pledges all-out effort to boost exports
by Reutersby ReutersSEOUL (Reuters) – South Korea’s government vowed on Tuesday to make every effort to boost export growth in semiconductors, rechargeable batteries and areas promising new growth, after preliminary government data …
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US and World News
CIFI’s suspended debt repayments add to China’s property woes
by Reutersby ReutersBy Clare Jim HONG KONG (Reuters) -Shanghai-based property developer CIFI Holdings said on Tuesday it has suspended payments on all of its offshore debt after it failed to reach an …
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NEW DELHI (Reuters) – The share of farm fires affecting Delhi’s pollution has surged to more than 20% since the weekend, higher than the levels a year ago, government data …