US and World News

(Reuters) -Fox Corp reported better-than-expected quarterly revenue on Tuesday, as the Fox News parent benefited from an uptick in advertising spend ahead of the U.S. midterm elections. The company has …

By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly profit and cut its annual output target, as the Japanese firm battles …

BERLIN (Reuters) – Volkswagen said on Tuesday it would sell its carsharing service WeShare to Miles Mobility, under a deal that sees the Berlin-based competitor order more than 10,000 electric …

By Maytaal Angel and Marcelo Teixeira LONDON/NEW YORK (Reuters) – Brazilian coffee farmers are defaulting on contracts for a second straight year, according to traders and lawyers representing the industry, …

(Reuters) – Phillips 66 reported a jump in quarterly profit on Tuesday, as the refiner benefited from surging fuel demand and tight energy supplies. The Houston, Texas-based company reported earnings …

JOHANNESBURG (Reuters) – One of South Africa’s largest grocery retailers Pick n Pay is expanding a pilot of adding cryptocurrency as a payment option to more stores after the successful …

By Lefteris Papadimas ATHENS (Reuters) – Greece plans to raise up to 8 billion euros ($7.91 billion) from debt markets in 2023 by issuing new short- and long-term issues, two …

By Hongji Kim and Ju-min Park SEOUL (Reuters) – A temporary morgue for some of the people killed in South Korea’s Halloween party crush is now a huge lost-and-found, where …

BEIJING (Reuters) – China’s property market continued its slump in October, with private data showing home prices and sales falling, suggesting lacklustre sentiment and a bleak outlook amid strict COVID …

KARACHI, Pakistan (Reuters) – Pakistan’s consumer inflation accelerated in October to 26.6% from a year earlier, the statistics bureau said on Tuesday, with prices showing a rise of 4.7% from …

By Donny Kwok and Twinnie Siu HONG KONG (Reuters) – Hong Kong’s retail sales nudged up in September helped by improved tourism from eased pandemic restrictions, government data showed on …

(Reuters) – Serial entrepreneur Oleg Tinkov has renounced his Russian citizenship, saying he does not want to be associated with “fascism” or people who collaborate with “killers”. In an Instagram …

LONDON (Reuters) – Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand for the metal, …

A look at the day ahead in U.S. and global markets from Mike Dolan. Global stocks just won’t lie down, doggedly clinging to hopes that central banks will ease off …

By Marianna Parraga HOUSTON (Reuters) – U.S. exports of liquefied natural gas (LNG) in October remained capped by plant outages, with producers shifting more cargoes to Asian buyers last month, …

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 …

LONDON (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 …

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 …

TOKYO (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 …

(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 …

BEIJING (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 …

By 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 …

By 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 …