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US and World News

  • US and World News

    Quebec’s elected officials must swear oath to King Charles to sit in National Assembly

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

    (Reuters) – Quebec National Assembly speaker ruled on Tuesday that all elected members must swear an oath to Britain’s King Charles and not just to the people of Quebec in …

  • US and World News

    Factbox-Chipmakers cut spending as demand boom makes way for downturn

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

    (Reuters) – The global chip industry is bracing for a downturn by reining in on investments for the year, in a stark contrast to initial 2022 predictions that pandemic-fueled demand …

  • US and World News

    IMF backs Latam progressive taxes, fiscal discipline

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

    By Rodrigo Campos NEW YORK (Reuters) – The International Monetary Fund will continue to be supportive of progressive tax reforms in Latin America and the Caribbean while fiscal and monetary …

  • US and World News

    Big brands set to miss plastic sustainability targets

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

    By Joe Brock SINGAPORE (Reuters) -Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestle, are almost certain to miss a target to make plastic packaging more …

  • US and World News

    Logistics startup Flexport plans hiring spree, to double engineers in 2023

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

    By Krystal Hu (Reuters) – Flexport, one of the most valuable logistics startups, is looking to add about 400 engineers to double its technical team by next year, a top …

  • US and World News

    Asian equities receive meagre inflows in October amid recession worries

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

    By Gaurav Dogra (Reuters) – Asian equities saw meagre inflows in October after massive selling in the previous month, and analysts expect fears of a global recession and a stronger …

  • US and World News

    Portugal’s airline TAP turns to rare profit as revenues soar

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

    LISBON (Reuters) – Portuguese airline TAP posted a rare net profit in the third quarter on Wednesday on strong revenue and helped by currency hedging, but said visibility for next …

  • US and World News

    Hong Kong, struggling to revive hub status, sells ‘China advantage’ to global banks

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

    By Selena Li, Kane Wu and Xie Yu HONG KONG (Reuters) – Hong Kong and Chinese officials on Wednesday touted the city’s connection to the world’s second-largest economy as they …

  • US and World News

    COVID, Ukraine war cost German economy 420 billion euros – study

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

    BERLIN (Reuters) – The COVID-19 pandemic and the war in Ukraine collectively cost the German economy 420 billion euros ($415.38 billion) in lost value creation between 2020 and 2022, according …

  • US and World News

    Moody’s cuts outlook for European banks, including Germany’s, on credit woes

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

    By Tom Sims FRANKFURT (Reuters) -Global credit ratings agency Moody’s downgraded its outlook for banks in Germany, Italy and four other countries to “negative” from “stable” on Wednesday as Europe’s …

  • US and World News

    Domestic share buyers step in as foreign funds flee China

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

    By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) – As foreign funds head for the exit, Chinese stock investors are snapping up beaten-down shares of mainland firms, betting outside …

  • US and World News

    IMF, Niger reach staff-level agreement on $51 million loan

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

    NIAMEY (Reuters) – The International Monetary Fund (IMF) and Niger have reached a staff-level agreement on a second programme review that will allow for a disbursement of about $51 million …

  • US and World News

    S&P downgrades Credit Suisse Group, Moody’s cuts some ratings

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

    ZURICH (Reuters) – S&P Global Ratings has downgraded Credit Suisse Group’s long-term issuer credit rating by one notch to BBB- and cut its view on main operating unit Credit Suisse …

  • US and World News

    Families in Sri Lanka yearn for answers on relatives who disappeared in civil war

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

    (This Oct. 26 story has been corrected to fix name of official to Mahesh Katulanda in paragraph 16 and 20) By JEEVAN RAVINDRAN KILINOCHCHI (Reuters) – Arumuga Lakshmi, tormented by …

  • US and World News

    Energy crisis putting most German firms under duress -survey

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

    BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high energy costs due to the Ukraine war as …

  • US and World News

    Microsoft’s president warns of talent shortage for tackling climate change

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

    By Jeffrey Dastin (Reuters) – Thousands of businesses will fail to meet pledges to combat climate change unless they start training employees on sustainability, Microsoft Corp’s President Brad Smith told …

  • US and World News

    Boeing investors seek clarity, realistic goals after a series of setbacks

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

    By Rajesh Kumar Singh CHICAGO (Reuters) – A series of production delays, cuts in jet delivery outlook and mounting losses at its defense business have damaged Boeing Co’s credibility among …

  • US and World News

    ECB wants to put banks on schedule to meet climate goals

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

    FRANKFURT (Reuters) – Euro zone banks still largely fail to meet the European Central Bank’s climate disclosure and management expectations, and laggards who keep failing deadlines could be forced to …

  • US and World News

    Suncor Fort Hills deal hints at new strategy for Canada oil sands mine replacement

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

    By Nia Williams and Rod Nickel (Reuters) – Suncor Energy’s acquisition of a larger stake in the Fort Hills oil sands project is a sign that Canada’s second-largest oil company …

  • US and World News

    Explainer-U.S. midterm elections: How America casts and counts its votes

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

    By Matt Zdun (Reuters) – Misinformation online and false claims of election fraud by former President Donald Trump and his allies have sharply eroded public trust in the integrity of …

  • US and World News

    Marketmind: Downbeat on the downshift

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

    A look at the day ahead in U.S. and global markets from Mike Dolan. The recent burst of stock market optimism around the world still seems to be on shaky …

  • US and World News

    Telecom operator VEON seeking sale of Russian operations

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

    AMSTERDAM (Reuters) -Dutch telecoms operator Veon Ltd said on Wednesday it was seeking the sale of its Russian operations, which make up more than half of its revenue and earnings. …

  • US and World News

    German manufacturing slumps in October as new orders drop – PMI

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

    BERLIN (Reuters) – The downturn in Germany’s manufacturing sector gathered pace in October as output and new orders slumped, marking a weak start to the fourth quarter that shows no …

  • US and World News

    Wizz Air eyes more growth, sees travel demand holding up

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

    By Sarah Young LONDON (Reuters) -Budget airline Wizz Air said it planned to grow its capacity by 35% this winter and was confident that demand for travel would remain strong …

  • US and World News

    Stan Lee’s former business manager cleared of theft charges

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

    (Reuters) – A Los Angeles judge cleared the former business manager of the late Marvel Comics creator Stan Lee of grand theft charges on Tuesday, ending a four-year criminal case …

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