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US and World News

  • US and World News

    Russian September airline traffic down 20% under effect of sanctions

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    MOSCOW (Reuters) – Passenger numbers on Russian airlines were down 20% in September from last year, as the impact of Western sanctions continues to weigh on the industry. Russian airlines …

  • US and World News

    Russian weekly consumer prices edged up in week of central bank rate hold

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    MOSCOW (Reuters) -Weekly consumer prices in Russia rose marginally for the sixth week running, data published on Wednesday showed, vindicating the central bank’s decision to end its rate-cutting cycle last …

  • US and World News

    Factbox-Strikes, protests in Europe over cost of living and pay

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    (Reuters) – European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details of some industrial actions and demonstrations. BRITAIN * …

  • US and World News

    Britain to go it alone for now on reining in ‘shadow banking’

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking …

  • US and World News

    Russian retail sales fall deeper, jobless rate rises in Sept – data

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the state statistics service Rosstat showed on Wednesday, after the Kremlin …

  • US and World News

    State-backed Toshiba suitor boosts buyout fund size to $6 billion-plus

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Takaya Yamaguchi and Makiko Yamazaki TOKYO (Reuters) – Japan Investment Corp (JIC), a potential bidder for Toshiba Corp, has expanded the size of its buyout fund by 4.5 times …

  • US and World News

    Post-shutdown HBCU homecomings bring much-needed boosts to revenues

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    (This Nov. 1 story has been corrected to remove the reference in paragraph 6 to Lincoln College as it is not an HBCU) By Arriana McLymore HAMPTON, VA(Reuters) – U.S. …

  • US and World News

    New U.S. cancer drug prices rise 53% in five years -report

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Deena Beasley (Reuters) – The annual price of a newly-launched cancer drug in the United States averaged $283,000 last year, a 53% increase from 2017, according to a new …

  • US and World News

    North Korea fires 23 missiles, one landing off South Korean coast for first time

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Josh Smith and Soo-hyang Choi SEOUL (Reuters) – North Korea fired at least 23 missiles into the sea on Wednesday, including one that landed less than 60 km (40 …

  • US and World News

    Putin: We could quit grain deal again, but would not block grain for Turkey

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    (Reuters) -President Vladimir Putin on Wednesday reserved Russia’s right to withdraw again from an international agreement allowing Ukraine to export grain via the Black Sea, after ending four days of …

  • US and World News

    Twitter will not reinstate banned users without ‘clear process,’ Musk says

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Sheila Dang (Reuters) – Banned accounts will not be allowed back onto Twitter until the social media platform has “a clear process for doing so,” Elon Musk tweeted in …

  • US and World News

    Afreximbank plans $1.5 billion economic package for Botswana

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    GABORONE (Reuters) – The African Import and Export Bank (Afreximbank) plans a $1.5 billion economic package for Botswana to support key economic sectors such as mining, manufacturing, transport and agriculture, …

  • US and World News

    AMD shares rise as chip demand from data centers cushions PC slowdown

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    (Reuters) – Chipmaker Advanced Micro Devices Inc snatched more market share in the lucrative data center business from rival Intel Corp in the third quarter, drawing praise from Wall Street …

  • US and World News

    Netanyahu faces balancing act after Israel election comeback

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By James Mackenzie JERUSALEM (Reuters) – Benjamin Netanyahu concluded his recent autobiography “Bibi: My Story” with a declaration that his time on the opposition benches, after an election loss in …

  • US and World News

    Humana profit beats as medical costs ease on slow elective-care rebound

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Raghav Mahobe and Bhanvi Satija (Reuters) -Humana Inc beat third-quarter profit estimates on Wednesday, as a sluggish recovery in elective procedures helped the health insurer keep medical costs in …

  • US and World News

    Arab leaders say Palestinian cause still central for them after summit

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    ALGIERS (Reuters) – Arab leaders said on Wednesday that the Palestinian cause was still central for them after their first summit meeting in three years, but they did not directly …

  • US and World News

    Lloyd’s of London insurer Ascot says resumes Black Sea grain cover

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    LONDON (Reuters) -Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor, the facility’s lead underwriter said on Wednesday after …

  • US and World News

    Economic slump nudges down platinum and palladium forecasts – Reuters poll

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Eileen Soreng and Peter Hobson (Reuters) – Analysts and traders have downgraded their forecasts for platinum and palladium prices next year as a global economic slowdown reduces demand, according …

  • US and World News

    Binance CEO sees no threat to crypto from central banks’ digital currencies

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Sergio Goncalves and Catarina Demony LISBON (Reuters) – Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology …

  • US and World News

    Gold to rebound slightly next year as Fed tightening cycle ends: Reuters poll

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Eileen Soreng (Reuters) – Gold prices will average $1,712.50 an ounce next year, rising from current levels, as an end to U.S. interest rate rises is expected to revive …

  • US and World News

    Insurers stare at up to $60 billion hit from Hurricane Ian, AIG chief Zaffino says

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    (Reuters) – Insurers face potential losses of up to $60 billion from Hurricane Ian, American International Group Inc chief Peter Zaffino said on Wednesday, in what could be the second …

  • US and World News

    United Airlines pilots vote against new contract offer

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    (Reuters) -United Airlines pilots overwhelmingly voted against a tentative contract, the union representing the workers said on Tuesday, saying the proposal fell short of what members were seeking. The Air …

  • US and World News

    U.S. Treasury continues to assess bond buybacks to improve liquidity

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    (Reuters) -The U.S. Treasury said on Wednesday it will continue to assess whether or how to implement a program to buy back some of its existing bonds, a move partly …

  • US and World News

    Britain to go it alone for now on reining in ‘shadow banking’

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking …

  • US and World News

    Britain to go it alone for now on reining in ‘shadow banking’

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking …

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