US and World News

By Scott Murdoch, Kane Wu and Selena Li HONG KONG (Reuters) – Hong Kong aims to restore its reputation as a global financial hub by playing host to a bevy …

By Jan Strupczewski and Balazs Koranyi BRUSSELS (Reuters) -Euro zone inflation surged more than expected in October, data showed on Monday, fuelling expectations that the European Central Bank will press …

By Valentina Za and Federico Maccioni MILAN (Reuters) -UniCredit said it expected a 400 million euro ($396 million) contribution from European Central Bank’s longer-term funds this year under their new …

By Valerie Volcovici (Reuters) – An international climate summit starting next week in Egypt will test the resolve of nations to combat global warming, even as many of the biggest …

By Liz Hampton (Reuters) -Some of the largest U.S. oil producers on Friday signaled productivity and volume gains in the top U.S. shale oil field are slowing, citing disappointing well …

By Renju Jose and Lewis Jackson SYDNEY (Reuters) -The United States is planning to deploy up to six nuclear-capable B-52 bombers to an air base in northern Australia, a source …

(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have driven up prices of energy, commodities and basic necessities. Below is a …

By Ludwig Burger and Riham Alkousaa (Reuters) – German healthcare group Fresenius has cut its 2022 guidance for the second time on persistent cost inflation and staff shortages with its …

MILAN (Reuters) -Italian spirits group Campari said on Monday it had reached an agreement to buy an initial 70% stake in Wilderness Trail Distillery for $420 million, strengthening its bourbon …

By Nate Raymond (Reuters) – The U.S. Supreme Court is set to consider whether colleges may continue to use race as a factor in student admissions in two cases that …

By Sumit Khanna MORBI, India (Reuters) – Indian police arrested nine people on Monday, including ticketing clerks and contractors, as they investigate the collapse of a foot bridge in which …

(Reuters) – A fragile supply chain marred by geopolitical tensions could hit the planned expansion of electric vehicle (EV) battery production, slowing EV adoption, S&P Global Mobility warned in a …

By Jan Lopatka PRAGUE (Reuters) -The European Union asked the United States on Monday to treat EU electric vehicles, batteries and sustainable energy equipment sold in the United States the …

By Michel Rose PARIS (Reuters) -Elon Musk has assured the European Commission that Twitter will abide by tough European rules on illegal online content policing now that the social network …

By Hannah Lang (Reuters) – Apollo Global Management Inc has begun holding cryptocurrency on behalf of its clients through a partnership with digital asset platform Anchorage Digital, in a major …

By Maha El Dahan, Alex Lawler and Yousef Saba ABU DHABI (Reuters) -The United Arab Emirates’ energy minister said on Monday that OPEC+ was always willing to balance crude oil …

BEIJING (Reuters) – Senior Chinese diplomat Wang Yi said Washington should not let itself be blinded by ideological bias when dealing with China, the Chinese state news agency Xinhua reported …

By Hadeel Al Sayegh DUBAI (Reuters) -Saudi Arabia’s gross domestic product expanded by 8.6% in the third quarter compared with the same period in 2021, according to initial government estimates …

(Reuters) – The Russian rouble pared early losses to gain ground on Monday in the first session since Moscow said it would suspend its role in the landmark Black Sea …

LISBON (Reuters) -Portugal’s economic growth accelerated to 0.4% in the third quarter from the previous quarter’s 0.1% thanks to an unexpected rise in private consumption despite high inflation, although annual …

(Clarifies wording in paragraph 6) By Summer Zhen HONG KONG (Reuters) – Bond fund managers with strategies focused on Asian high-yield issuers have switched to cash and other non-China assets …

(Reuters) – Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world’s most influential social …

(Reuters) – Thermo Fisher Scientific Inc said on Monday it would buy Binding Site Group from European private equity firm Nordic Capital in an all-cash transaction valued at 2.25 billion …

(Reuters) – Electric vehicle maker Nikola Corp said on Monday it was working with KeyState Natural Gas Synthesis to create Pennsylvania state’s first low-carbon hydrogen production supply chain. However, Nikola …