By Victoria Waldersee BERLIN (Reuters) -A lawsuit accusing Mercedes-Benz of infringing on people’s freedoms by exacerbating climate change was dropped by the Stuttgart district court on Tuesday but the German…
(In paragraph 12, corrects that Lopez Obrador took office in 2018, not 2019) By Stefanie Eschenbacher, Adriana Barrera and Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s oil regulator and…
By P.J. Huffstutter and Tom Polansek CHICAGO (Reuters) – Some U.S. railroads will start halting crop shipments on Thursday, a day ahead of a potential work stoppage, an agricultural association…
WASHINGTON (Reuters) – China and other big creditors have a responsibility to prevent the debt problems facing emerging market and low-income countries from exploding, International Monetary Fund Managing Director Kristalina…
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices ended nearly 1% lower on Tuesday, reversing earlier gains as U.S. consumer prices unexpectedly rose in August, giving cover for the U.S. Federal…
BERLIN (Reuters) -The German government has sold off its 20% stake in Lufthansa acquired during the coronavirus pandemic, it said on Tuesday. The state’s economic stabilisation fund (WSF), which saved…
(Updates after U.S. close, adds commentary) By Sinéad Carew NEW YORK (Reuters) – The dollar index rallied on Tuesday and the S&P 500 tumbled 4% while Treasury yields surged after…
By Caroline Valetkevitch NEW YORK (Reuters) – The dollar rallied against the yen, euro and other currencies on Tuesday after stronger-than-expected U.S. inflation data boosted investor bets that the Federal…
By Medha Singh and Lisa Pauline Mattackal (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic. The…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to…
(Reuters) -The Federal Open Market Committee, the Federal Reserve’s policy-setting committee, is likely to raise its short-term interest rate target by a full percentage point at its policy meeting next…
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever The U.S. inflation report for August has landed, and the previously unthinkable is now a possibility:…
By Herbert Lash NEW YORK (Reuters) -U.S. Treasury yields surged and a recession warning – the yield curve inversion – widened on Tuesday after monthly U.S consumer prices unexpectedly rose…
BOGOTA (Reuters) – Colombia’s congress on Tuesday approved a record budget of 405.6 trillion pesos ($93.3 billion) for next year, including a spending increase meant to fund social programs promised…
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Tuesday hailed U.S. Commerce Secretary Gina Raimondo for her attitude in talks this week, saying she gave no indication…
SYDNEY (Reuters) -Japan Airlines Co Ltd (JAL) is operating at 65% of its pre-pandemic international capacity, although COVID-19 curbs are limiting demand to just about 40% of pre-pandemic levels, an…
By Ruhi Soni and Ankit Kumar (Reuters) – Seeds and pesticides company Corteva Inc on Tuesday announced plans to exit about 35 countries and lay off roughly 5% of its…
By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood of Ark Invest cautioned that the Federal Reserve is making a mistake with its widely-expected interest rate hikes…
(Reuters) – The U.S. government posted a $220 billion budget deficit for August, up 29% from the $171 billion gap reported in the same month last year, as spending on…
By Ann Saphir (Reuters) -The Federal Reserve is likely to raise U.S. borrowing costs faster and further than previously expected after data on Tuesday showed underlying inflation broadening out rather…
(Reuters) – Wells Fargo & Co said on Tuesday it would commission a third-party racial equity audit that will include inputs from both internal and external stakeholders, as the bank…
PARIS (Reuters) – The French government is lowering the country’s 2023 economic growth outlook, but sees no need to revise its budget deficit target as a result, Finance Minister Bruno…
(Reuters) – Starbucks Corp said on Tuesday it plans to have about 9,000 stores in China by 2025, a 56% increase from its current count. That increase equates to one…
(Reuters) -Twitter Inc’s shareholders approved a $44 billion buyout by Elon Musk on Tuesday, handing over the deal’s outcome to a court battle in which the billionaire is trying to…
(Reuters) – The U.S. Securities and Exchange Commission (SEC) on Tuesday said it had charged Oppenheimer & Co, BNY Mellon, TD Securities and Jefferies, with failing to comply with municipal…