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US and World News

  • US and World News

    Factbox-Democrats and Republicans clash in election lawsuits ahead of U.S. midterms

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

    By Andy Sullivan and Jacqueline Thomsen WASHINGTON (Reuters) – In the months leading up to the U.S. midterm elections, lawyers for Democrats and Republicans are already squaring off in a …

  • US and World News

    Apollo Global Q3 earnings rise 6% on direct lending bonanza

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

    By Chibuike Oguh NEW YORK (Reuters) -Apollo Global Management Inc reported a 6% year-on-year increase in its third-quarter net income on Wednesday, as strong growth in fee revenue driven by …

  • US and World News

    Exxon’s French Fos-Sur-Mer oil refinery to restart by end of week

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

    (Reuters) -The restart of Exxon Mobil’s 140,000-barrel per day (bpd) Fos-Sur-Mer oil refinery in France should be completed by the end of the week, a company spokesperson told Reuters in …

  • US and World News

    Exxon’s French Fos-Sur-Mer oil refinery to restart by end of week

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

    (Reuters) -The restart of Exxon Mobil’s 140,000-barrel per day (bpd) Fos-Sur-Mer oil refinery in France should be completed by the end of the week, a company spokesperson told Reuters in …

  • US and World News

    Exxon’s French Fos-Sur-Mer oil refinery to restart by end of week

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

    (Reuters) -The restart of Exxon Mobil’s 140,000-barrel per day (bpd) Fos-Sur-Mer oil refinery in France should be completed by the end of the week, a company spokesperson told Reuters in …

  • US and World News

    Sodexo sees demand for catering and vouchers lifting margins

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

    By Diana Mandia (Reuters) -Sodexo expects its operating profit margin to rise to over 6% in 2025 as more companies outsource their catering and benefits needs and the French food …

  • US and World News

    Paramount misses revenue estimates on ad weakness

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

    By Yuvraj Malik and Helen Coster (Reuters) -Paramount Global reported on Wednesday quarterly revenue that fell short of analysts’ estimates as the media giant struggled with an extended weakness in …

  • US and World News

    Yum beats sales estimates as customers flock to KFC, Taco Bell deals

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

    By Uday Sampath Kumar (Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company’s KFC value deals and $2 Taco Bell burritos pulled …

  • US and World News

    Palestinians fear Israeli election result could mean more violence

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

    By Nidal al-Mughrabi and Ali Sawafta GAZA/WEST BANK (Reuters) -The prospect of Benjamin Netanyahu returning to power at the head of one of the most right-wing coalitions in Israeli history …

  • US and World News

    Ukraine conflict, sanctions set to blow hole in Russia’s finances

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

    By Darya Korsunskaya (Reuters) – The cost of Russia’s military mobilisation and the impact of Western sanctions are set to blow a hole in the government’s budget forecasts and drain Moscow’s …

  • US and World News

    Ukraine conflict, sanctions set to blow hole in Russia’s finances

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

    By Darya Korsunskaya (Reuters) – The cost of Russia’s military mobilisation and the impact of Western sanctions are set to blow a hole in the government’s budget forecasts and drain Moscow’s …

  • US and World News

    Ukraine conflict, sanctions set to blow hole in Russia’s finances

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

    By Darya Korsunskaya (Reuters) – The cost of Russia’s military mobilisation and the impact of Western sanctions are set to blow a hole in the government’s budget forecasts and drain Moscow’s …

  • US and World News

    Canada Goose cuts revenue, profit forecast as China business takes hit

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

    By Granth Vanaik (Reuters) – Luxury parka maker Canada Goose Holdings Inc cut its full-year revenue and profit forecast on Wednesday, with persistent COVID-related lockdowns and store closures in China …

  • US and World News

    U.S. SEC to vote on proposing new liquidity, pricing rules for mutual funds

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

    (Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a …

  • US and World News

    U.S. SEC to vote on proposing new liquidity, pricing rules for mutual funds

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

    (Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a …

  • US and World News

    China vows commitment to growth as investors bet on easier COVID policy

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

    HONG KONG/BEIJING (Reuters) -Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with reforms, helping further boost stock markets buoyed by hopes that …

  • US and World News

    Data provider Alation valued at $1.7 billion after Thoma Bravo-backed fundraise

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

    (Reuters) – Alation Inc raised $123 million in a late-stage funding round backed by private equity firm Thoma Bravo that valued the data intelligence platform at $1.7 billion, the company …

  • US and World News

    Brazilian authorities make headway clearing Pro-Bolsonaro blockades

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

    By Ana Mano SAO PAULO (Reuters) – Brazilian authorities said on Wednesday they are making headway in their efforts to clear blockades set up across the country by truckers to …

  • US and World News

    Brazilian authorities make headway clearing Pro-Bolsonaro blockades

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

    By Ana Mano SAO PAULO (Reuters) – Brazilian authorities said on Wednesday they are making headway in their efforts to clear blockades set up across the country by truckers to …

  • US and World News

    U.S. Q3 GDP overshot IMF forecasts, but growth volatile -official

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

    By David Lawder WASHINGTON (Reuters) – The International Monetary Fund may need to raise its forecast for U.S. growth after stronger-than-expected third-quarter GDP data, a senior IMF official said on …

  • US and World News

    Washington state sues to block Albertsons’ $4 billion payout to shareholders

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

    (Reuters) -Washington State Attorney General Bob Ferguson filed a lawsuit on Tuesday to block grocery chain Albertsons Cos Inc from paying dividends to shareholders before closure of its proposed merger …

  • US and World News

    OPEC oil output falls by 20,000 bpd in October -Reuters survey

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

    ABU DHABI (Reuters) – The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in millions of barrels per day (bpd) in October and September, …

  • US and World News

    Videos showing Iranian crackdown on protesters go viral as anger grows

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

    DUBAI (Reuters) -Videos on social media showing Iranian security forces severely beating protesters have gone viral as anger grows at a widening crackdown with arrests of prominent figures from rappers …

  • US and World News

    Estee Lauder cuts forecasts on China curbs, tightening inventories

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

    By Ananya Mariam Rajesh (Reuters) -Estee Lauder Cos Inc cut its full-year forecasts on Wednesday ahead of the most important holiday season, blaming lockdowns in China and American retailers cutting …

  • US and World News

    New York Times raises annual profit forecast as subscription bundling pays off

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

    (Reuters) -The New York Times Co raised its full-year forecast for adjusted operating profit on Wednesday, a sign that the media organization’s plan of bundling subscriptions was helping offset a …

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