US and World News

By Victoria Klesty OSLO (Reuters) -Shipping group Maersk warned on Wednesday of slowing demand for transport and logistics as a global recession looms and cut its forecast for container demand …

STOCKHOLM (Reuters) -Sweden-based Volvo Car AB said on Wednesday its sales grew 7% year-on-year in October to 54,317 cars. “Overall underlying demand for the company’s cars remains robust, especially for …

CHICAGO (Reuters) – The U.S. Department of Agriculture will direct $73 million in grants to small- and medium-sized meat and poultry processors to expand their capacity and deliver more funds …

By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Barclays Plc, which recently made big investments in India and Australia and set up a Taiwan subsidiary in July, is evaluating …

By Makiko Yamazaki TOKYO (Reuters) -Nomura Holdings Inc, Japan’s top brokerage and investment bank, said it was unhappy with its latest profit performance after a sharp downturn in financial markets …

PARIS (Reuters) – Activity in France’s manufacturing sector weakened in October by more than initially estimated, according to a monthly survey, as inflationary pressures weighed on the euro zone’s second-biggest …

SHANGHAI (Reuters) – Chinese electric vehicle maker NIO suspended production at its plants in the eastern city of Hefei as rising COVID-19 cases and China’s heavy-handed response to outbreaks exact …

SHANGHAI/BEIJING (Reuters) -Electric vehicle giant Tesla has closed what had been its flagship showroom in China as the company adjusts its sales and service strategy in its second-largest market, two …

SHANGHAI (Reuters) – Zhejiang Geely Holding Group’s premium electric car business plans to sell the first electric vehicle produced under the Zeekr brand in Europe next year, Zeekr’s CEO said. …

By Pushkala Aripaka (Reuters) – Aston Martin blamed global supply chain problems for pushing back an expected improvement in its finances, as the luxury carmaker cut its 2022 deliveries and …

(Reuters) – Australia’s ‘Big Four’ banks will raise their home loan rates by 25 basis points this month, they said on Tuesday, passing on the full quarter-point interest rate hike …

PARIS (Reuters) – Carmaker Stellantis said on Wednesday that it monitored all social media channels which involved its brands and will continue to do so in the wake of a …

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s jobless rate held at 3.3% in the third quarter, and wage inflation hit its highest level on record, adding to expectations the …

MOSCOW (Reuters) – The Russian rouble weakened against the dollar ahead of three treasury bond auctions by the finance ministry on Wednesday, hurt by reduced FX supply after the passing …

BERLIN (Reuters) -German exports posted an unexpected dip in September, decreasing by 0.5% on the month, while imports fell more than expected, down 2.3%, Federal Statistical Office data showed on …

By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda on Wednesday hinted at the chance of tweaking the bank’s yield curve control (YCC) policy down the road, saying …

BEIJING (Reuters) – China will boost imports of advanced technology, major equipment and key components as well as energy and agricultural products that are in short supply, Commerce Minister Wang …

By Ludwig Burger (Reuters) – Danish drugmaker Novo Nordisk raised its full-year earnings outlook on strong sales of diabetes treatment Ozempic, also reporting a better-than-expected profit. In a statement on …

By Steve Holland WASHINGTON (Reuters) -The United States is concerned about threats from Iran against Saudi Arabia and will not hesitate to respond if necessary, a White House spokesperson said …

BEIJING (Reuters) -China will be able to maintain normal monetary policy and positive interest rates for as long as possible with its potential economic growth likely to stay within a …

By Alexandra Valencia QUITO (Reuters) -At least five Ecuadorean police officers were killed on Tuesday in explosive attacks in response to prisoner transfers from overcrowded and violent penitentiaries, prompting President …

By Leika Kihara TOKYO (Reuters) – The Bank of Japan may tweak its yield curve control policy next year, such as by widening the band around its long-term interest rate …

By Nandita Bose and Trevor Hunnicutt GOLDEN BEACH, Fla. (Reuters) -President Joe Biden on Tuesday cast potential 2024 Republican rival Ron DeSantis as “Donald Trump incarnate,” warning voters days before …

(Reuters) – Swiss dental implants maker Straumann on Wednesday raised its 2022 organic sales growth outlook, citing post-pandemic recovery momentum. The company, which specialises in tooth replacement and orthodontic solutions, …

By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japan is concerned not just about excessive yen falls but also a slow depreciation in the Japanese currency as it boosts living …