US and World News

By Peter Hobson LONDON (Reuters) -United States-based aluminium producer Alcoa wrote to the London Metal Exchange (LME) three times in September and October, asking for a boycott of Russian metal …

(Reuters) -Kellogg Co raised its full-year sales and profit forecasts on Thursday as demand for pricier cereals and snacks stays strong in North America amid relentless cost pressures. The cereal …

By Kannaki Deka (Reuters) -Peloton Interactive Inc on Thursday forecast holiday-quarter revenue below estimates and the fitness equipment maker warned that a challenging macro-economic environment could affect its goal of …

WASHINGTON (Reuters) – The U.S. Department of Energy on Thursday said six companies had been awarded contracts for the latest sale of oil from the Strategic Petroleum Reserve. The contracts …

By Gabriel Araujo and Kylie Madry SAO PAULO/MEXICO CITY (Reuters) -Steelmaker Ternium reported an 84% drop in its third-quarter net income to $220 million on Thursday, hurt by lower realized …

BERLIN (Reuters) – Buyers of a BMW should be able to order a car directly from the manufacturer in the future with no need to involve a car dealer, its …

By Nick Carey (Reuters) – Carmakers BMW and Stellantis on Thursday expressed concerns about Europe’s economic outlook, joining a chorus of retailers and others in warning of waning consumer confidence …

By Sergio Goncalves LISBON (Reuters) -Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward improving its work …

(Reuters) -EV maker Nikola Corp said it will miss its goal of delivering at least 300 semi-trucks this year and declined to issue fresh forecasts as companies cut back spending …

(Reuters) -Roku Inc shares dropped 14% to a more than three-year low on Thursday following downbeat forecasts a day earlier, as the streaming tech provider suffers from a collapse in …

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 …