US and World News

By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by the end of the decade to cut its emissions and reliance …

(Reuters) – The Federal Reserve will take its benchmark policy rate above 5% by March and keep it there for most of 2023 in a bid to squeeze inflation out …

WASHINGTON (Reuters) -The United States is not in a recession, White House chief of staff Ron Klain said on Thursday, adding that economic data showed the nation’s economy was solid. …

WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased moderately in September as a surge in bookings for civilian aircraft was partially offset by declines elsewhere, suggesting a loss of …

By Julie Gordon OTTAWA (Reuters) -Canada’s exports rose in September, largely driven by better wheat volumes and prices, while imports were also up, with both import and export values impacted …

By Ted Hesson and Jackie Botts (Reuters) – U.S. sponsors applying to bring Venezuelans into the United States under a new program are receiving approvals in hours or days, a …

By Foo Yun Chee BRUSSELS (Reuters) -The European Commission will propose light-touch rules for Airbnb and other short-term home rental companies, people familiar with the matter said. Under the draft …

(Reuters) – Stripe Inc, the digital payments giant which was valued at $95 billion in its last funding round, is cutting its headcount by about 14% as startups trying to …

By Manya Saini (Reuters) -Intercontinental Exchange topped market estimates for third-quarter profit on Thursday on the back of robust trading volumes and demand for investment products, sending shares of the …

By Sam Tobin LONDON (Reuters) -A British subsidiary of mining and trading group Glencore was ordered to pay a total penalty of 276.4 million pounds ($310.6 million) in a London …

By Conor Humphries DUBLIN (Reuters) -The world’s top aircraft lessor AerCap on Thursday raised its earnings outlook for the year, citing surprisingly strong air traffic and growing demand for long-distance, …

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong despite slowing domestic demand amid …

By Allison Lampert and Abhijith Ganapavaram (Reuters) – Bombardier Inc on Thursday reported a smaller adjusted loss in the third quarter, as robust demand for private jet travel boosted the …

PARIS (Reuters) – Some of the world’s most famous glaciers, including in the Dolomites in Italy, the Yosemite and Yellowstone parks in the United States and Mount Kilimanjaro in Tanzania …

By Marco Trujillo MADRID (Reuters) – Thousands of Spaniards packed Madrid’s landmark Plaza Mayor square on Thursday to demand higher pay in the first mass protest since the start of …

WASHINGTON (Reuters) – The U.S. services industry grew at its slowest pace in nearly 2-1/2 years in October, but businesses continued to face higher prices for inputs, confirming that inflation …

WASHINGTON (Reuters) – The United States is not in a recession, White House chief of staff Ron Klain said on Thursday, adding that economic data showed the nation’s economy was …

By Steven Scheer JERUSALEM (Reuters) -Teva Pharmaceutical Industries will pay up to $523 million to New York State as part of a nationwide settlement of lawsuits alleging it helped to …

By Alexander Marrow MOSCOW (Reuters) – Russia will keep interest rates on hold for a few months before resuming monetary easing midway through next year, a Reuters poll suggested on …

LONDON (Reuters) – The United States, Australia, Britain and Norway have all raised interest rates this week in the latest sign that central banks remain in tightening mode to contain …

By Daniel Wiessner (Reuters) – Beauty pageant operator Miss United States of America LLC cannot be forced to allow transgender women to compete because doing so would interfere with its …

By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Silicon Valley-based AI chip startup SiMa.ai on Thursday said it is entering the automotive industry and has recruited Harald Kroeger, a former …

By Ron Bousso, Marwa Rashad and Dmitry Zhdannikov LONDON (Reuters) – Shell’s liquefied natural gas (LNG) trading division recorded a loss of nearly $1 billion in the third quarter of …

By Juliette Portala (Reuters) – U.S.-based building technology firm Runwise said on Thursday it had raised $19 million in a funding round led by venture capital firm Fifth Wall, as …

WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on labor costs that could keep inflation elevated. Nonfarm productivity, which …