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US and World News

  • US and World News

    Nepal’s Oli vows balanced ties with China, India if returned to power

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

    By Gopal Sharma KATHMANDU (Reuters) – Nepal’s main communist opposition party will balance the Himalayan nation’s ties with neighbours China and India for mutual benefit if it is returned to …

  • US and World News

    Australia central bank cuts growth outlook, rates need to rise to cool red-hot inflation

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

    SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will be necessary to bring down sky-high inflation even as it …

  • US and World News

    Latest U.S. defense-intelligence report on UFOs to be made public soon

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

    By Steve Gorman (Reuters) -A declassified version of the latest U.S. defense-intelligence report on UFOs – rebranded in official government parlance as “unidentified aerial phenomena” – is expected to be …

  • US and World News

    Tiger Global pauses investments in Chinese equities – WSJ

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

    (Reuters) – Tiger Global Management has paused investing in Chinese equities, as it reassesses its exposure to the country after President Xi Jinping’s cemented his grip on power, the Wall …

  • US and World News

    U.S. EPA to set tougher heavy duty emissions rules in 2023

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

    By David Shepardson (Reuters) -The U.S. Environmental Protection Agency (EPA) said on Thursday it plans to issue tougher greenhouse gas emissions rules for heavy duty trucks and other larger vehicles …

  • US and World News

    Warner Bros Discovery reports loss, but “Dragon” on fire

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

    By Dawn Chmielewski and Chavi Mehta (Reuters) -Warner Bros Discovery posted a quarterly loss on Thursday that missed Wall Street targets due to restructuring of the combined media company, but …

  • US and World News

    Cheerios maker General Mills, Audi of America pause advertising on Twitter

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

    (Reuters) -General Mills Inc and Luxury automaker Audi of America said on Thursday they have paused advertising on Twitter, days after the social media platform was acquired by billionaire Elon …

  • US and World News

    Musk orders Twitter to cut infrastructure costs by $1 billion -sources

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

    By Sheila Dang, Paresh Dave and Katie Paul (Reuters) -Elon Musk has directed Twitter Inc’s teams to find up to $1 billion in annual infrastructure cost savings, according to two …

  • US and World News

    PayPal’s “prudent” revenue growth forecast cut sinks shares

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

    By Mehnaz Yasmin (Reuters) -Online payments firm PayPal Holdings Inc cut its annual revenue growth forecast in anticipation of a broader economic downturn and said it did not expect much …

  • US and World News

    Livent looks to Canada for lithium growth opportunities – CEO

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

    By Ernest Scheyder (Reuters) – Lithium producer Livent Corp is eyeing acquisitions in Canada and other countries as it looks to boost its production and processing of the metal used …

  • US and World News

    SLB boosts shareholder returns amid bullish oil market outlook

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

    By Liz Hampton (Reuters) -Top oilfield services firm SLB will raise its quarterly dividend next year by 43% and resume a share buyback program, executives said on Thursday, offering an …

  • US and World News

    Chrysler-parent air bag crash deaths prompt U.S. alert

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

    By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis on Thursday urged owners of 276,000 older U.S. vehicles to immediately stop driving after three crash deaths tied to faulty Takata air bag …

  • US and World News

    DoorDash results impress as taste for takeout defies inflation

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

    By Ananya Mariam Rajesh (Reuters) -Food delivery firm DoorDash Inc’s orders surged to a record high in the third quarter as demand held strong against higher prices and rising inflation, …

  • US and World News

    Germany’s Scholz tests China ties with inaugural visit, to discuss Ukraine

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

    By Riham Alkousaa and Eduardo Baptista BERLIN (Reuters) – German Chancellor Olaf Scholz arrives in China on a one-day trip on Friday, becoming the first G7 leader to visit since …

  • US and World News

    Indiana doctor sues attorney general in 10-year-old’s abortion case

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

    By Daniel Trotta (Reuters) – An Indiana doctor who performed an abortion on a 10-year-old Ohio rape victim sued Indiana’s attorney general on Thursday, demanding an end to investigations seeking …

  • US and World News

    UK considers cutting tax-free dividend allowance, increasing capital gains tax -media

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

    LONDON (Reuters) -Britain’s government is considering cutting the tax-free allowance for dividend income, Bloomberg reported on Thursday, before a Nov. 17 budget. The report, citing two officials familiar with the …

  • US and World News

    Exclusive-U.S. says China and Russia have leverage to stop North Korea nuclear test

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

    By Steve Holland and David Brunnstrom WASHINGTON (Reuters) – The United States believes China and Russia have leverage they can use to persuade North Korea not to resume nuclear bomb …

  • US and World News

    Starbucks plans to tap young, wealthy customers to weather recession

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

    By Hilary Russ and Deborah Mary Sophia (Reuters) -Starbucks Corp topped Wall Street estimates for quarterly comparable sales and profits on Thursday, saying it will weather any coming recession by …

  • US and World News

    Canada lays out cash but limits largesse on inflation fears

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

    By Julie Gordon and Steve Scherer OTTAWA (Reuters) -Canada’s government on Thursday set out billions in new spending to support low income workers and clean energy technologies among other measures, …

  • US and World News

    WNBA star Griner visited in Russian jail by U.S. officials for first time in months

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

    ABOARD AIR FORCE ONE (Reuters) -Officials from the U.S. Embassy in Moscow met with Brittney Griner on Thursday, officials said, in the first visit in months for the WNBA star …

  • US and World News

    Wall St down for fourth straight day on Fed rate hike worry

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

    By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower for a fourth consecutive session on Thursday as economic data did little to alter expectations the Federal Reserve would …

  • US and World News

    Chaos, confusion reign ahead of Twitter layoffs

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

    By Sheila Dang and Katie Paul (Reuters) – Fear and dread spread across Twitter Inc offices on Thursday as 7,500 employees from San Francisco to Singapore feared for job cuts …

  • US and World News

    U.S. House Speaker Nancy Pelosi’s husband released from hospital after hammer attack

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

    By Ted Hesson WASHINGTON (Reuters) -U.S. House Speaker Nancy Pelosi’s husband has been released from the San Francisco hospital where he underwent surgery for injuries suffered when attacked by a …

  • US and World News

    Bank of England’s Mann says inflation drivers still strong

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

    LONDON (Reuters) – Britain is still facing strong domestic drivers of inflation on top of the impact of surging international energy prices and the after-effects of the coronavirus pandemic, Bank …

  • US and World News

    Carvana slides on wider-than-expected loss as used car demand shrinks

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

    (Reuters) – Carvana Co on Thursday reported a higher-than-expected loss in the third quarter as inflated car prices and aggressive interest rate hikes dented demand for used cars, sending shares …

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