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US and World News

  • US and World News

    Nikolas Cruz: Parkland school shooter sentenced to life in prison

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Jonathan Allen (Reuters) -Nikolas Cruz, who murdered 17 students and staff with a semi-automatic rifle at a Florida high school, was formally sentenced to life in prison on Wednesday …

  • US and World News

    India cenbank’s monetary committee discusses report on inflation target miss

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India’s monetary policy committee met on Thursday to discuss the bank’s report to the government for having failed to meet …

  • US and World News

    ‘Massive scars’: Germany’s Uniper posts record 40 billion euro net loss

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Soon-to-be-nationalised gas importer Uniper reported a record 40 billion euro ($39.3 billion) net loss, among the biggest in German corporate history, …

  • US and World News

    Exclusive-Zambia says EximBank to represent Chinese lenders in debt talks

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) – The Export-Import Bank of China (EximBank) will lead Beijing’s team to renegotiate nearly $6 billion of loans that Zambia owes …

  • US and World News

    Under Armour cuts annual forecasts as sportswear demand slumps

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    (Reuters) -Under Armour Inc cut its annual revenue and profit forecasts on Thursday, as the sporting goods company contends with weakening demand from consumers ahead of the crucial holiday shopping …

  • US and World News

    Microsoft extends free tech support for Ukraine through 2023

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    (Reuters) – Microsoft Corp said on Thursday it would extend technology support for Ukraine free of charge through 2023, as Russia’s invasion of the country drags on. Microsoft said it …

  • US and World News

    Europe leans on Asia for ‘homegrown’ EV batteries

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Nick Carey and Victoria Waldersee LONDON/BERLIN (Reuters) – Europe’s drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving startups sufficient …

  • US and World News

    Federal Reserve rate hikes rival inflation pain in one rural town

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Howard Schneider GREENSBORO, Alabama (Reuters) – The community roundtable was organized as a chance for Atlanta Federal Reserve President Raphael Bostic to hear how a town in the heart …

  • US and World News

    Mexico succession puts scientist on path to be first woman president

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Dave Graham MEXICO CITY (Reuters) – The most historic legacy of President Andres Manuel Lopez Obrador, a left-leaning resource nationalist who casts his administration as a turning point in …

  • US and World News

    Thai monetary policy will consider economic outlook, inflation – central bank

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    BANGKOK (Reuters) – Thailand’s central bank said on Thursday its policy will take into account the country’s economic growth, inflation rate, and financial stability. “Capital flows remain normal despite a …

  • US and World News

    U.S. Treasury’s Adeyemo heads to Europe to discuss sanctions on Russia, oil price cap

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Daphne Psaledakis WASHINGTON (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo will travel to Paris, London and Brussels next week, where he will discuss sanctions on Moscow and continue …

  • US and World News

    Marketmind: Slower, higher, longer

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    A look at the day ahead in U.S. and global markets from Mike Dolan. If markets thought a Fed ‘pivot’ might signal an end or even a pause to the …

  • US and World News

    Police back Republican candidates in U.S. midterms, even those at Jan. 6 riot

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Julia Harte NEW YORK (Reuters) – The Wisconsin Fraternal Order of Police has endorsed some Democratic candidates in past elections. But this year, in each of the 13 races …

  • US and World News

    VW’s SEAT says Spain’s subsidy for battery plant, EV production ‘not sufficient’

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Corina Pons MADRID (Reuters) -The chief of Volkswagen’s Spanish unit SEAT said on Thursday the subsidies offered by Spanish authorities for a battery factory construction and electric vehicle production …

  • US and World News

    Starbucks investors seek specifics from incoming CEO on union, cafe overhauls

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Hilary Russ and Jessica DiNapoli NEW YORK (Reuters) – Incoming Chief Executive Officer Laxman Narasimhan took the stage at Starbucks Corp’s Seattle headquarters in September, telling investors he would …

  • US and World News

    Credit Suisse warns of potential profitability drop

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    ZURICH (Reuters) -Credit Suisse profitability could be hit by a drop in asset management fees in the fourth quarter, the Swiss bank said in a financial report late on Wednesday. …

  • US and World News

    China says U.S. has ‘no right’ to interfere in Hamburg port deal

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    BEIJING (Reuters) – The U.S has “no right” to interfere in Chinese cooperation with Germany, China’s foreign ministry said Thursday, after Washington cautioned against Beijing getting a controlling stake in …

  • US and World News

    WhatsApp launches Communities group organizer feature

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    BENGALURU (Reuters) -WhatsApp is globally rolling out a feature called Communities to organize various chat groups in larger structures, as well as other features such as bigger group video calls …

  • US and World News

    UK services slump at fastest pace since early 2021 – PMI

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    LONDON (Reuters) – The biggest downturn since January 2021 hit British services companies last month, although it was not as severe as first estimated, according to a business survey that …

  • US and World News

    Stellantis sales rise 29% in Q3 but delivery issues cast cloud

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) – Revenues at Stellantis rose 29% in the third quarter as improved semiconductor supplies helped to boost sales volumes, the owner of …

  • US and World News

    China’s Lenovo posts first revenue drop in 10 quarters as COVID lockdowns weigh

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Josh Ye HONG KONG (Reuters) -China’s Lenovo Group reported its first revenue decline in 10 quarters as a pandemic-fuelled computer sales boom comes to an end, with sales especially …

  • US and World News

    China Evergrande chairman’s Hong Kong mansion seized by bank

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    HONG KONG (Reuters) -A mansion belonging to embattled China Evergrande Group’s chairman in Hong Kong’s prestigious The Peak residential enclave has been seized by lender China Construction Bank (Asia), records …

  • US and World News

    BMW CFO: still in a position to achieve good prices for our cars

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    BERLIN (Reuters) – BMW is still in a position to achieve good prices for its cars, the company’s chief financial officer said on Thursday. In the first nine months of …

  • US and World News

    Malaysia central bank delivers fourth straight rate rise as inflation risks persist

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank delivered a fourth consecutive rate hike on Thursday as it sought to contain persistent inflation amid a positive growth outlook. Bank …

  • US and World News

    Turkey’s inflation hits 24-year high of 85.5% after rate cuts

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    ISTANBUL (Reuters) -Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy …

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