US and World News

ROME (Reuters) -Italy’s state-controlled defence group Leonardo on Thursday raised its full-year guidance after reporting a sizeable jump in orders during January-September. In that period, new orders rose by 26.8% …

By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares hit one-week lows on Thursday after the Federal Reserve hinted at continued interest rate hikes going forward, dampening hopes of a …

By Arathy Somasekhar and Muyu Xu HOUSTON/SINGAPORE (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler …

(Reuters) – Sales at Qualcomm Inc are slowing as the smartphone market heads for its worst contraction in years, and Wall Street analysts don’t expect that to turn around anytime …

By Iain Withers LONDON (Reuters) – Britain’s biggest domestic bank Lloyds has offered UK staff a minimum 2,000 pounds ($2,242) pay rise, a source with knowledge of the talks told …

(Reuters) – Teva Pharmaceuticals will pay up to $4.2 billion in the United States to settle claims related to its role in fueling the country’s opioid crisis, New York Attorney …

(Reuters) – Amazon.com Inc will freeze hiring in its corporate workforce as the e-commerce giant deals with an “unusual macro-economic environment”, a company executive said on Thursday. “We anticipate keeping …

By Diane Bartz WASHINGTON (Reuters) – Two cases that give the U.S. Supreme Court’s conservative majority another opportunity to restrain the power of federal agencies go before the justices next …

By Kane Wu, Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Wall Street major Morgan Stanley is expected to start a fresh round of layoffs globally in the coming …

By Raghav Mahobe and Leroy Leo (Reuters) -Cigna Corp on Thursday raised its annual adjusted profit forecast for the third time after beating quarterly estimates on the back of strength …

By James Oliphant and Jason Lange WASHINGTON (Reuters) – Control of Congress is at stake in Tuesday’s U.S. midterm elections, along with President Joe Biden’s agenda for the two years …

By Jacqueline Thomsen (Reuters) – With just days left before the U.S. midterm elections, Democrats and Republicans are waging court battles that are shaping contests in some districts and helping …

By Julie Gordon OTTAWA (Reuters) – Canada will do targeted draws for skilled immigrants for the first time starting next year, allowing it to cherry pick applicants with the most …

By Sergio Goncalves LISBON (Reuters) -The European Central Bank has already made a large part of the necessary rate hikes to contain inflation in the euro zone, which is expected …

By Mark Trevelyan CAMBRIDGE, England (Reuters) – She spent nearly two years in a Russian penal colony for protesting against President Vladimir Putin, but it took almost another decade – …

(Corrects analyst’s name in paragraph 8) (Reuters) -Shares of Roku Inc fell more than 20% in extended trading on Wednesday after the streaming platform forecast holiday-quarter revenue below Wall Street …

By Rod Nickel WINNIPEG, Manitoba (Reuters) -Nutrien Ltd, the world’s biggest fertilizer producer, intends to follow through with plans to expand production capacity of potash and nitrogen, despite a sharp …

By Granth Vanaik (Reuters) -Royal Caribbean Group on Thursday forecast strong bookings for 2023 as it benefits from increased demand for cruising due to the relaxation of on-board COVID-19 protocols, …

By Diego Oré MEXICO CITY (Reuters) – Climate change and the Russia-Ukraine war are squeezing global sales and production in the $300 billion global wine industry, which is still recovering …

By Joey Roulette WASHINGTON (Reuters) – Boeing’s first Starliner capsule mission carrying humans has slipped from February to April 2023 as the company works with NASA to fix lingering technical …

By Helen Reid and Arshreet Singh (Reuters) – Barrick Gold Corp shares hit their lowest level since March 2020 on Thursday after the world’s second-biggest gold miner reported a 30.1% …

LONDON (Reuters) – Bank of England Governor Andrew Bailey said the three-quarters-of-a-percentage point increase in interest rates announced by the central bank on Thursday was not setting a precedent for …

By Lananh Nguyen NEW YORK (Reuters) – UBS is reshuffling its U.S. wealth leadership to focus on southern states that are crucial to the division’s growth as affluent families increasingly …

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 …