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US and World News

  • US and World News

    North Korea fires suspected ICBM, warns U.S. against ‘dangerous’ choices

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

    By Kantaro Komiya, Hyonhee Shin and Josh Smith TOKYO/SEOUL (Reuters) -North Korea fired multiple missiles into the sea on Thursday, including a possible failed intercontinental ballistic missile (ICBM), prompting the …

  • US and World News

    Air Lease revenue rises on strong demand for jets

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

    (Reuters) – Aircraft lessor Air Lease Corp reported a rise in third-quarter revenue on Thursday, thanks to strong demand from airlines looking to expand their fleet to tap a boom …

  • US and World News

    U.S. urges airlines equip Florida-bound planes to fly over water

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

    By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Pete Buttigieg on Thursday said airlines should ease congestion at Florida airports by equipping their planes so they can fly over water …

  • US and World News

    U.S. Supreme Court’s Sotomayor won’t block extradition linked to S. Korea ferry sinking

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

    By Nate Raymond (Reuters) -U.S. Supreme Court Justice Sonia Sotomayor on Thursday rejected a bid by a businessman to block his extradition to South Korea to face embezzlement charges that …

  • US and World News

    Canada cuts 2022/23 deficit forecasts, pledges targeted new spending

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

    OTTAWA (Reuters) – Canada set out on Thursday C$11.3 billion ($8.2 billion) in new spending this year and next, and slashed its budget deficit forecast by nearly a third for …

  • US and World News

    Factbox-Highlights from Canada government’s fall economic statement

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

    OTTAWA (Reuters) – Below are some of the key proposals and takeaways from the annual fall economic statement unveiled by Canada’s Finance Minister Chrystia Freeland on Thursday. [nO8N2N5027 TAX ON …

  • US and World News

    Banks raise Fed terminal rate forecasts after Powell’s hawkish tone

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

    By Caroline Valetkevitch NEW YORK (Reuters) – Investors and strategists are ramping up expectations for how much the Federal Reserve will raise interest rates in its effort to bring down …

  • US and World News

    Cuba and U.S. spar over U.N. resolution calling to end embargo

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

    HAVANA (Reuters) – U.S. President Joe Biden’s administration on Thursday voted against a U.N. General Assembly resolution calling for an end to the U.S. economic embargo on Cuba, leaving relations …

  • US and World News

    EU in talks with U.S. over new IRA law trade issues

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

    BERLIN (Reuters) – The United States is possibly discriminating against European companies through its new Inflation Reduction Act (IRA) law, an EU industry chief said on Thursday, as Germany saw …

  • US and World News

    Dollar firms after hawkish Fed as sterling sinks; focus on U.S. jobs

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

    By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar gained against major currencies on Thursday after Federal Reserve Chair Jerome Powell signalled U.S. interest rates will likely peak at a …

  • US and World News

    Kroger, Albertsons unions, antitrust experts urge FTC to block merger -letter

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

    By Siddharth Cavale NEW YORK (Reuters) -Kroger Co’s acquisition of Albertsons Companies Inc could exacerbate income inequality through job losses and eroding wages at a time of high inflation, a …

  • US and World News

    U.S. EPA considering expanding Midwest E15 gasoline sales -sources

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

    By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – The U.S. Environmental Protection Agency plans to seek public comment on whether to allow year-round sales of higher ethanol gasoline …

  • US and World News

    Two thirds of South Sudan population risk severe hunger in 2023 – U.N

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

    By Waakhe Simon Wudu JUBA (Reuters) -Up to 7.8 million people in South Sudan, two thirds of the population, may face severe food shortages during next year’s April-to-July lean season …

  • US and World News

    For survivors of Ethiopia’s Tigray war, truce brings cautious hope

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

    NAIROBI (Reuters) – A ceasefire deal in Ethiopia’s northern Tigray region has raised cautious hope among millions of people impacted by the bloody two-year conflict that their anguish could be …

  • US and World News

    Pfizer, BioNTech start COVID-flu combination vaccine study

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

    (Reuters) -U.S. drugmaker Pfizer Inc and its German partner BioNTech SE have started an early-stage study to evaluate a combination vaccine targeting COVID-19 and influenza, the companies said on Thursday. …

  • US and World News

    Pirelli hikes 2022 sales goal, sees uncertainty ahead

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

    By Federico Maccioni MILAN (Reuters) -Italian tyremaker Pirelli on Thursday lifted its 2022 sales guidance while forecasting volatile market conditions next year. The manufacturer of tyres for Formula One and …

  • US and World News

    Gucci owner Kering in advanced talks to buy Tom Ford – WSJ

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

    (Reuters) -French luxury group Kering is in advanced discussions to buy fashion brand Tom Ford, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The Gucci …

  • US and World News

    Emirates suspends Nigerian flights again over trapped ticket sales

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

    LAGOS (Reuters) – Dubai’s Emirates has suspended flights to Nigeria for the second time since September citing an inability to repatriate funds from Africa’s biggest economy, the airline said on …

  • US and World News

    Tesla’s California EV market share slips as rivals step up

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

    By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s dominant market share of the electric vehicle market in California slipped again this year, according to Reuters’ calculations based on government data …

  • US and World News

    Oil slips 2% on China demand worries, U.S. rate hikes

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

    By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 2% on Thursday as China stood by its zero-COVID policy and an increase in U.S. interest rates pushed up the …

  • US and World News

    Euronext Italian arm to become group-wide clearer from end 2023

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

    By Huw Jones LONDON (Reuters) – Pan-European stock exchange Euronext said on Thursday that customers will be able to clear all share trades at its Italian arm from the end …

  • US and World News

    U.S. holiday sales to slow as inflation tests consumer resilience -report

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

    By Deborah Mary Sophia (Reuters) -U.S. holiday sales are expected to rise at a slower pace this year, a trade group said on Thursday, at a time when decades-high inflation …

  • US and World News

    Zoom says it has fixed issue preventing access to platform

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

    (Reuters) -Zoom Video Communications said on Thursday it has resolved an issue that was preventing some users from accessing its platform. The company’s status page showed at 1833 GMT that …

  • US and World News

    Marketmind: Massaging the message

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

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever If you shouldn’t judge a book by its cover, you definitely shouldn’t judge …

  • US and World News

    ConocoPhillips joins rivals with bumper profit, boosts investor returns

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

    By Arunima Kumar (Reuters) -ConocoPhillips on Thursday extended a string of bumper earnings from oil producers enjoying higher energy prices by reporting a near two-fold rise in third-quarter profit that …

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