(Reuters) – Automotive supplier American Axle & Manufacturing Holdings Inc is attracting interest from suitors including London-listed Melrose Industries, Bloomberg News reported on Thursday, citing people familiar with the matter. …
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By Erwin Seba HOUSTON (Reuters) – No injuries were reported after a fire on Thursday morning at Valero Energy Corp’s Corpus Christi, Texas, refinery, a company spokesperson said. Corpus Christi …
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Sun Life sees growth in benefits business; shares up on earnings beat
by Reutersby ReutersBy Divya Rajagopal TORONTO (Reuters) – Sun Life Financial Inc believes rising wages, driven by inflation and a tight labor market, will help its benefits business, company executives said on …
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Forty countries to unveil methane plans at UN climate summit, U.S. official says
by Reutersby ReutersBy Valerie Volcovici WASHINGTON (Reuters) – Some forty of the 119 countries that pledged last year to slash emissions of the powerful greenhouse gas methane will unveil their plans to …
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ECB warns of potential impact on economy from Spanish banking tax
by Reutersby ReutersBy Jesús Aguado MADRID (Reuters) – The European Central Bank warned on Thursday in a non-binding opinion that Spain’s banking tax proposal could damage lenders’ capital, lead to higher credit …
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Kremlin: Russia has not decided whether to extend Black Sea Grain deal
by Reutersby ReutersMOSCOW (Reuters) – The Kremlin said on Thursday it had not committed to staying in the Black Sea grain deal, which has freed Ukraine’s grain shipments from a Russian blockade …
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By Will Dunham WASHINGTON (Reuters) – The powerful Jan. 15 underwater eruption of Tonga’s Hunga Tonga-Hunga Ha’apai volcano in the South Pacific produced a plume that soared higher into Earth’s …
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Italy plans at least 15 billion euro package to tame energy costs in 2023 budget -sources
by Reutersby ReutersBy Giuseppe Fonte ROME (Reuters) – Italy plans to set aside at least 15 billion euros ($14.6 billion) in its 2023 budget to soften the impact of sky-high energy costs …
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By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors rushed to guard against further declines in U.S. stocks on Thursday, a day after the Federal Reserve dashed hopes for a …
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Survivors of Guinea stadium massacre recount horrors as trial unfolds
by Reutersby ReutersBy Souleymane Camara CONAKRY (Reuters) – Survivors who were beaten and raped during a massacre in a stadium in Guinea in 2009 are hoping to finally see justice and let …
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U.S. senators, in Kyiv visit, vow to continue bipartisan support after elections
by Reutersby ReutersKYIV (Reuters) – U.S. Republican Senator Rob Portman and his Democratic colleague Chris Coons vowed that bipartisan support would continue for Ukraine after next week’s midterm congressional elections, as they …
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Cuba cuts plans to export sugar with output expected to stagnate
by Reutersby ReutersBy Marc Frank HAVANA (Reuters) – Cuba kicks off the country´s annual sugar harvest this month, but experts and state officials say the crisis-racked Caribbean island will struggle to produce …
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Delhi’s air branded ‘hazardous’, spurs calls to close schools
by Reutersby ReutersNEW DELHI (Reuters) -Delhi’s 20 million residents were effectively breathing smoke on Thursday as the air quality index (AQI) breached the “severe” and “hazardous” categories in nearly all monitoring stations …
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LONDON (Reuters) – Investors trimmed their bets on the peak for British interest rates on Thursday after the Bank of England told them their expectations were too high, as it …
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SANTIAGO (Reuters) – Chile’s total copper production fell 4.27% in September to 428,300 tonnes, government body Cochilco said on Thursday. Production from state-owned giant Codelco fell 7.92% on a year-on-year …
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By Sabine Siebold and Sarah Marsh MUENSTER, Germany (Reuters) -Group of Seven foreign ministers gathered on Thursday to weigh how to support Ukraine through the winter in the face of …
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Kosovo suspends Serb police commander as ethnic tensions mount
by Reutersby ReutersPRISTINA (Reuters) – Kosovo’s interior minister said a regional Serb police commander was suspended on Thursday for refusing to support Pristina’s legal drive to make minority Serbs replace old pre-independence …
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NAIROBI (Reuters) – Two paramedics, their driver and a patient who were abducted earlier this week in Kenya’s north-east have been freed, a local administrator said on Thursday. The attackers, who …
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Bank of England raises rates by most since 1989 even as long recession looms
by Reutersby ReutersBy David Milliken and Andy Bruce LONDON (Reuters) – The Bank of England raised interest rates by the most since 1989 on Thursday but warned investors that the risk of …
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Marriot shares slide on delayed opening of some properties in China
by Reutersby ReutersBy Priyamvada C (Reuters) – Marriott International Inc said on Thursday China’s strict COVID-19 policies were delaying openings of some properties in the country, a key market for hotel operators, …
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(Reuters) – Lyft Inc said on Thursday it would lay off 13% of its workforce, or about 683 employees, in the ride-hailing firm’s latest cost-cutting step to cope with a …
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Moderna COVID vaccine sales forecasts fall short for 2022, 2023
by Reutersby ReutersBy Manas Mishra and Michael Erman (Reuters) -Moderna Inc on Thursday cut its 2022 COVID-19 vaccine sales forecast, citing regulatory and production delays, and issued a 2023 outlook for the …
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DUBAI (Reuters) -A cleric at a Shi’ite Muslim mosque in the restive, mostly Sunni Muslim Iranian city of Zahedan has been shot dead, the official news agency IRNA said, threatening …
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Cheniere’s adjusted profit, revenue more than double on soaring LNG demand
by Reutersby Reuters(Reuters) -U.S. liquefied natural gas (LNG) company Cheniere Energy Inc on Thursday reported a third-quarter loss on derivative contracts while delivering revenue and adjusted profit that more than doubled on …
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U.S. Congress split on making daylight-saving time permanent
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) – A push in the U.S. Congress to make daylight-saving time permanent, which was unanimously passed by the Senate earlier this year, has stalled in …