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US and World News

  • US and World News

    Finland urges Turkey, Hungary to swiftly approve Swedish, Finnish NATO bids

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    HELSINKI (Reuters) -Finland’s Prime Minister Sanna Marin on Tuesday urged Hungary and Turkey to swiftly approve the Swedish and Finnish applications for membership of the NATO defence alliance. Hungary and …

  • US and World News

    UK manufacturing shrinks at fastest rate since mid-2020 – PMI

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    LONDON (Reuters) – British manufacturing last month suffered its biggest contraction since the depths of the first COVID-19 lockdown in May 2020, with optimism draining fast, a survey showed on …

  • US and World News

    South Africa still has space to raise rates – central bank

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Bhargav Acharya and Alexander Winning JOHANNESBURG (Reuters) – South Africa still has space to raise interest rates, its central bank governor said on Tuesday ahead of a rate decision …

  • US and World News

    Chinese fashion retailer Shein to open permanent ‘event space’ in Tokyo

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    TOKYO (Reuters) – Chinese fashion retailer Shein is to open its first permanent premises in Tokyo this month, the company said on Tuesday, aiming to bolster its online brand with …

  • US and World News

    The party’s over for illegal raves, Italy’s new government says

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    (This Oct. 31 story has been refiled to fix wording to law and order in paragraph 4.) ROME (Reuters) – Italy’s new right-wing government signalled on Monday it would crack …

  • US and World News

    China encourages administrative bodies to tap idle state assets

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    BEIJING (Reuters) – China’s finance ministry encourages administrative bodies to revitalise idle state-owned assets, including by market-based leasing or selling those assets as some were poorly managed, said a notice …

  • US and World News

    U.S. Halloween night shootings kill one, injure about 20

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Anirudh Saligrama and Shubham Kalia (Reuters) -One person was killed and about 20 wounded on Halloween night in two separate shooting attacks in the U.S. cities of Kansas City …

  • US and World News

    China, HK stocks rebound sharply on unverified social media posts over COVID easing

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    SHANGHAI (Reuters) – Hong Kong and China stocks jumped on Tuesday after rumours based on an unverified note circulating on social media that China was planning a reopening from strict …

  • US and World News

    Australia’s central bank says ready to go faster or pause on rate hikes as needed

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank on Tuesday said further increases in interest rates would likely be needed to tame inflation, and it was …

  • US and World News

    Sony hikes FY profit forecast by 4.5% on foreign exchange boost

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Sam Nussey TOKYO (Reuters) -Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the boost from foreign exchange …

  • US and World News

    Broker TP ICAP third-quarter revenue jumps on market volatility

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    (Reuters) – TP ICAP posted a 14% jump in its third-quarter revenue in reported currency on Tuesday, as the world’s biggest inter-dealer broker benefited from stock and foreign exchange market …

  • US and World News

    Prosus and Naspers deny report they are in talks to sell Tencent stake

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue” a report that they are in talks to sell their large stake …

  • US and World News

    Bertelsmann: plans to appeal ruling on Penguin Random House book merger

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    BERLIN (Reuters) – German media group Bertelsmann SE & Co, owner of Penguin Random House, said on Tuesday it would appeal a ruling by a U.S. court against a planned …

  • US and World News

    Russian rouble edges lower as month-end tax support passes

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    MOSCOW (Reuters) – The rouble edged lower against the dollar, euro and yuan on Tuesday, as the Russian currency began trading without the support of a favourable month-end tax period …

  • US and World News

    ECB must keep raising rates even if recession risks rise, Lagarde says

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    FRANKFURT (Reuters) – The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased, ECB President Christine …

  • US and World News

    China’s yuan bounces from 15-year low as dollar bulls retreat

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    SHANGHAI (Reuters) – China’s yuan bounced off a near 15-year low against the dollar and into the black in late trade afternoon on Tuesday, amid a broader greenback selloff and …

  • US and World News

    Paul Pelosi attack suspect sought to take speaker hostage, prosecutors say

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Paresh Dave and Steve Gorman SAN FRANCISCO (Reuters) -The man accused of bludgeoning U.S. House Speaker Nancy Pelosi’s husband with a hammer after breaking into the couple’s home threatened …

  • US and World News

    Apple supplier Foxconn quadruples bonuses to staff hit by China COVID lockdown

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Yimou Lee and Brenda Goh (Reuters) – Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer for workers at its Zhengzhou plant in central China as …

  • US and World News

    Explainer-India central bank’s policy committee meets to discuss first inflation target miss

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Swati Bhat MUMBAI (Reuters) – Reserve Bank of India’s monetary policy committee (MPC) will meet on Thursday, outside its scheduled meetings, to discuss its first ever inflation target miss, …

  • US and World News

    Credit Suisse confirms shareholder meeting for capital hike

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    ZURICH (Reuters) – Credit Suisse Group AG on Tuesday confirmed an extraordinary general meeting will take place on November 23 for shareholders to approve a proposed capital increase. The embattled …

  • US and World News

    South Korea Oct exports post worst fall in 26 months, deficit widens

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea’s exports in October fell the most in 26 months while a trade deficit persisted for a seventh month, underscoring that …

  • US and World News

    Saudi Aramco Q3 net income jumps 39% on higher crude prices

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Hadeel Al Sayegh DUBAI (Reuters) – Saudi Arabian state oil producer Aramco on Tuesday posted a 39% jump in its third-quarter net income that beat analysts’ forecasts, boosted by …

  • US and World News

    South Korean government pledges all-out effort to boost exports

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    SEOUL (Reuters) – South Korea’s government vowed on Tuesday to make every effort to boost export growth in semiconductors, rechargeable batteries and areas promising new growth, after preliminary government data …

  • US and World News

    CIFI’s suspended debt repayments add to China’s property woes

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Clare Jim HONG KONG (Reuters) -Shanghai-based property developer CIFI Holdings said on Tuesday it has suspended payments on all of its offshore debt after it failed to reach an …

  • US and World News

    Farm fires big culprit as Delhi air quality worsens

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    NEW DELHI (Reuters) – The share of farm fires affecting Delhi’s pollution has surged to more than 20% since the weekend, higher than the levels a year ago, government data …

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