US and World News

By Chris Prentice WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) levied $6.4 billion in enforcement actions, including $4 billion in penalties, in fiscal 2022, the agency’s chair …

By Leroy Leo and Nandhini Srinivasan (Reuters) -CVS Health Corp on Wednesday forecast a 2023 profit below Wall Street estimates and said it hoped to mitigate the hit from a …

By Timothy Gardner and Andrea Shalal WASHINGTON(Reuters) – President Joe Biden’s threat to impose a windfall profits tax on oil companies is unlikely to pass in the U.S. Congress, even …

(Reuters) – The Central Bank of Bahrain (CBB) said on Wednesday it raised its key policy interest rate on its one-week deposit facility by 75 basis points to 4.75%, following …

(Reuters) – The U.S. Federal Reserve’s latest move to raise its benchmark interest rate will help to bring down inflation, and a rise in mortgage rates should cool inflation in …

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW (Reuters) – Russia’s economy shrank by 5% on an annualised basis in …

UNITED NATIONS (Reuters) – U.N. Secretary-General Antonio Guterres welcomed the truce agreed in Ethiopia on Wednesday as a “welcome first step” that he hoped would bring solace to civilians after …

By John McCrank and Chris Prentice (Reuters) -The U.S. Securities and Exchange Commission on Wednesday proposed new rules aimed at better preparing the mutual fund industry for distressed market conditions, …

By Vitalli Hnidyi KUPIANSK, Ukraine (Reuters) – The head of Ukraine’s railway vowed to keep trains running and to repair the damage done to the network by Russian troops, highlighting …

By Fergal Smith TORONTO (Reuters) – Canada’s dollar will gain less than previously thought over the coming year as the domestic economy has lost some sensitivity to oil prices and …

(Reuters) – American Airlines pilots’ union on Wednesday said its board of directors has rejected a draft agreement that offered a 19% pay hike over two years, as the proposal …

PARIS (Reuters) -Axa on Wednesday said its revenue in the first nine months of the year increased by 2% and estimated it would have to pay out about 400 million …

DUBAI (Reuters) – Iran denied on Wednesday it posed a threat to Saudi Arabia, after the Wall Street Journal reported that Riyadh had shared intelligence with the United States warning …

ZURICH (Reuters) – Credit Suisse’s board of directors has decided not to cancel more than 25 million shares it repurchased under a buyback programme halted last year, and will instead …

By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – The head of Telecom Italia (TIM) met a top aide of new right-wing Italian Prime Minister Giorgia Meloni on Wednesday, two …

By Dawn Chmielewski and Byron Kaye (Reuters) – Rupert Murdoch’s proposal to recombine News Corp and Fox Corp and capitalize on sports betting has yet to convince Wall Street as …

By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares gave up early gains and closed lower on Wednesday as investors exercised some caution ahead of the U.S. Federal Reserve’s interest …

By Kannaki Deka (Reuters) – Peloton Inc’s efforts to get its operations back in shape should help it slow cash burn and post a smaller loss on Thursday, but the …

ATHENS (Reuters) – Greek rescuers on Wednesday recovered 20 bodies of migrants who drowned after their small boat capsized while trying to cross from Turkey to Greece, the coast guard …

By Natalie Grover (Reuters) -GSK raised its 2022 forecast for the second time this year, after third-quarter earnings and sales topped estimates, continuing its strong start as a standalone prescription …

(Reuters) – Bed Bath & Beyond Inc said on Wednesday its customer and technology chief, Rafeh Masood, will step down, days after the home goods retailer reported a possible data …

By Gloria Dickie LONDON (Reuters) – Europe has warmed more than twice as much as the rest of the world over the past three decades and experienced the greatest temperature …

By Giulio Piovaccari and Keith Weir MILAN (Reuters) -Ferrari said it was confident about its prospects for this year and the next as demand for its luxury cars as well …

By Hannah Lang (Reuters) -Arta Finance, a fintech that aims to replicate the family office experience for a wider audience through artificial intelligence, debuted on Wednesday with $90 million in …

By Marianna Parraga, Mayela Armas and Diego Oré CARACAS/MEXICO CITY (Reuters) – Venezuela’s government and the country’s opposition plan to resume dialogues in Mexico as soon as this month after …