US and World News

By Maha El Dahan ABU DHABI (Reuters) – The world must act swiftly to invest in oil to prevent future energy emergencies as global demand for the hydrocarbon grows in …

OSLO (Reuters) – Crisis-hit airline SAS said on Tuesday it had reached agreements with two more lessors representing seven aircraft in the company’s fleet to amend the terms of existing …

By Nick Zieminski and Kenneth Li NEW YORK (Reuters) -Thomson Reuters Corp kept its financial guidance for this year and next after a forecast-beating rise in third-quarter earnings on Tuesday, …

WASHINGTON (Reuters) – U.S. manufacturing activity grew at its slowest pace in nearly 2-1/2 years in October while a measure of prices paid by businesses for inputs slid for a …

(Reuters) -Asia-focussed insurer AIA Group Ltd reported a 1% rise in quarterly new business value on Tuesday as sales recovered from pandemic lows in its main markets of China and …

BRASILIA (Reuters) -Brazil’s central bank said that its inflation calculations are still consistent with its policy strategy, though risks remain high and require continuous monitoring and serenity, according to minutes …

By Diane Bartz WASHINGTON (Reuters) -A planned $2.2 billion merger of Penguin Random House, the world’s largest book publisher, and rival Simon & Schuster cannot go forward, a U.S. judge …

By Lisa Richwine LOS ANGELES (Reuters) – U.S. subscribers to the Disney+ streaming service will be able to purchase new Star Wars lightsabers, Black Panther masks and other merchandise starting …

By Josh Ye HONG KONG (Reuters) – China released its first action plan dedicated to virtual reality on Tuesday, with an aim its industry ship more than 25 million devices …

DUBAI (Reuters) – Iranian university students pressed ahead with sit-down strikes on Tuesday in support of some of the biggest protests since the 1979 revolution, ignoring harsh warnings by elite …

(Reuters) -Fox Corp reported better-than-expected quarterly revenue on Tuesday, as the Fox News parent benefited from an uptick in advertising spend ahead of the U.S. midterm elections. The company has …

By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly profit and cut its annual output target, as the Japanese firm battles …

BERLIN (Reuters) – Volkswagen said on Tuesday it would sell its carsharing service WeShare to Miles Mobility, under a deal that sees the Berlin-based competitor order more than 10,000 electric …

By Maytaal Angel and Marcelo Teixeira LONDON/NEW YORK (Reuters) – Brazilian coffee farmers are defaulting on contracts for a second straight year, according to traders and lawyers representing the industry, …

(Reuters) – Phillips 66 reported a jump in quarterly profit on Tuesday, as the refiner benefited from surging fuel demand and tight energy supplies. The Houston, Texas-based company reported earnings …

JOHANNESBURG (Reuters) – One of South Africa’s largest grocery retailers Pick n Pay is expanding a pilot of adding cryptocurrency as a payment option to more stores after the successful …

By Lefteris Papadimas ATHENS (Reuters) – Greece plans to raise up to 8 billion euros ($7.91 billion) from debt markets in 2023 by issuing new short- and long-term issues, two …

By Hongji Kim and Ju-min Park SEOUL (Reuters) – A temporary morgue for some of the people killed in South Korea’s Halloween party crush is now a huge lost-and-found, where …

BEIJING (Reuters) – China’s property market continued its slump in October, with private data showing home prices and sales falling, suggesting lacklustre sentiment and a bleak outlook amid strict COVID …

KARACHI, Pakistan (Reuters) – Pakistan’s consumer inflation accelerated in October to 26.6% from a year earlier, the statistics bureau said on Tuesday, with prices showing a rise of 4.7% from …

By Donny Kwok and Twinnie Siu HONG KONG (Reuters) – Hong Kong’s retail sales nudged up in September helped by improved tourism from eased pandemic restrictions, government data showed on …

(Reuters) – Serial entrepreneur Oleg Tinkov has renounced his Russian citizenship, saying he does not want to be associated with “fascism” or people who collaborate with “killers”. In an Instagram …

LONDON (Reuters) – Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand for the metal, …

A look at the day ahead in U.S. and global markets from Mike Dolan. Global stocks just won’t lie down, doggedly clinging to hopes that central banks will ease off …

By Marianna Parraga HOUSTON (Reuters) – U.S. exports of liquefied natural gas (LNG) in October remained capped by plant outages, with producers shifting more cargoes to Asian buyers last month, …