US and World News

By Tiyashi Datta and Aditya Soni (Reuters) -Electronic Arts Inc lowered its annual bookings forecast on Tuesday as the publisher of “FIFA” and “Apex Legends” struggles with this year’s surge …

(Reuters) -Lithium producer Livent Corp on Tuesday cut the top end of its 2022 earnings and sales forecast, citing inflation and other macroeconomic pressures weighing on its output of the …

(Reuters) -Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck Chief Executive Elon Musk …

By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Tuesday, recouping losses from the previous session, on optimism that China, the world’s second-largest oil consumer, could reopen from strict …

By David Shepardson WASHINGTON (Reuters) -Senior leaders at the Federal Aviation Administration (FAA) and Commerce Department’s telecommunications unit met to discuss aviation safety concerns raised by new 5G C-Band deployments, …

By Luc Cohen NEW YORK (Reuters) -There was “nothing nefarious” about former private equity executive Tom Barrack’s ties with United Arab Emirates officials, Barrack’s defense lawyer said in closing arguments …

By Davide Barbuscia and David Randall NEW YORK (Reuters) – As the market widely anticipates the U.S. Federal Reserve to hike interest rates by another 75 basis points this week, …

(Reuters) -Eli Lilly and Co on Tuesday forecast its annual profit and revenue below estimates, as a stronger dollar piled more pressure on the drugmaker struggling with lower insulin prices …

By Lucy Craymer WELLINGTON (Reuters) -The Reserve Bank of New Zealand said on Wednesday the country’s financial system is as a whole resilient but global financial stress will test this. …

By Brendan O’Brien (Reuters) -Grieving relatives of the 17 students and teachers killed in a 2018 high school shooting in Parkland, Florida, confronted the killer, Nikolas Cruz, with tearful, angry …

By Jonathan Stempel (Reuters) -Dollar General Corp, one of the largest U.S. discount retailers, was sued on Tuesday by Ohio, which accused the company of baiting shoppers with low prices …

By Caroline Valetkevitch NEW YORK (Reuters) – Wall Street stocks fell on Tuesday while Treasury yields dipped as investors speculated whether the U.S. Federal Reserve may hint at a slower …

By Jessica DiNapoli NEW YORK (Reuters) – Infant formula manufacturer Perrigo Company Plc said on Tuesday it is buying the Good Start brand and a Wisconsin plant that makes the …

By David Lawder WASHINGTON (Reuters) -The U.S. Treasury last month repelled cyber attacks by a pro-Russian hacker group, preventing disruption and confirming the effectiveness of the department’s stronger approach to …

WASHINGTON (Reuters) – Payment-seeking software made by Russian hackers was used in three quarters of all the ransomware schemes reported to a U.S. financial crime agency in the second half …

By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -Alphabet Inc’s Google is pausing the enforcement of a policy that requires app developers in India to use its proprietary billing …

FRANKFURT (Reuters) -The European Central Bank should start shrinking its oversized pile of government debt at the start of next year, Bundesbank President Joachim Nagel told a German newspaper, outlining …

(Reuters) – Insurer American International Group Inc on Tuesday reported a more than 39% decline in quarterly profit as investment income fell by more than $1 billion and losses from …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Some of the developed world’s central banks might be nearing peak rates and …

By Pavel Polityuk and Jonathan Landay KYIV/MYKOLAIV, Ukraine (Reuters) -Russia told civilians on Tuesday to leave an area along the eastern bank of the Dnipro River in the Ukrainian province …

By Marie Mannes (Reuters) -Framtiden Partnerships, a shareholder of Swedish Match AB for nearly two decades, said it will not accept Marlboro maker Philip Morris International Inc’s higher offer of …

BRASILIA (Reuters) – Brazil’s trade surplus in October was lower than forecast, even though exports grew faster than imports for the first time since February, official figures showed on Tuesday. …

SHANGHAI (Reuters) – Several Shanghai residents received fresh stay-at-home orders and mandatory testing notices on Tuesday as authorities raced to trace contacts linked to a COVID-positive woman whose visit to …

(Our weekly analysis of the wild world of cryptocurrencies. Repeats for additional subscribers) By Lisa Pauline Mattackal and Medha Singh (Reuters) – After months of tears and tantrums, bitcoin wants …