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US and World News

  • US and World News

    Italy’s TIM drops exclusivity in extended talks with CDP over network

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) decided on Friday to give Italian state lender CDP and its partners until Nov. 30 to submit a non-binding offer for the …

  • US and World News

    Russians engaging in mass theft of medical equipment, says Zelenskiy

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    (Reuters) – Russian forces in the occupied Ukrainian region of Kherson are engaged in mass theft of medical equipment and ambulances in a bid to make the area uninhabitable, President …

  • US and World News

    Meta’s oversight board open to discussing content moderation with Twitter

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    (Reuters) – Meta Platforms Inc’s independent oversight board said on Friday it would “welcome the opportunity” to discuss Twitter’s plans on content moderation in more detail with the company. “Independent …

  • US and World News

    Buoyant Wall Street boosts world, European stocks; oil drops

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Chris Prentice and Marc Jones WASHINGTON/LONDON (Reuters) – World and European shares turned higher on Friday as Wall Street extended gains amid hopes of a slowdown in some central …

  • US and World News

    U.S. federal judge in New York criticizes SEC ‘gag orders’ policy

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Jody Godoy (Reuters) – A U.S. federal judge in New York on Friday called it “troubling” that a Securities and Exchange Commission (SEC) policy makes people who settle charges …

  • US and World News

    Ukrainian mortar crew wrestles with ammo shortage, dud shells

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Jonathan Landay FRONT LINES NORTH OF KHERSON, Ukraine (Reuters) – The Ukrainian mortarmen, hands cupping their ears, turned away from the green tube angled towards their Russian foes entrenched …

  • US and World News

    Wall Street asks if Musk can manage Twitter, Tesla and more

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    (Reuters) – As the dust settles on Elon Musk’s $44 billion buyout of Twitter, analysts and investors are debating one crucial question – has the billionaire entrepreneur behind Tesla and …

  • US and World News

    Credit Suisse’s newly created investment bank lays out plans in memo

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Saeed Azhar NEW YORK (Reuters) -Credit Suisse Group’s newly created investment bank, CS First Boston, will advise on mergers and acquisitions, raise capital for clients through equity and debt …

  • US and World News

    Mexican tequila maker Cuervo sees improved sales growth

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    MEXICO CITY (Reuters) – Mexican distiller Becle , better known as the parent company of tequila brand Jose Cuervo, updated its 2022 full-year guidance on Friday, improving net sales estimates …

  • US and World News

    Yen falls on dovish BOJ as market awaits Fed decision

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By John McCrank NEW YORK (Reuters) -The yen fell more than 1% against the dollar on Friday after the Bank of Japan bucked the trend among other major central banks …

  • US and World News

    Jury selection concludes in Trump company’s tax fraud trial

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Luc Cohen NEW YORK (Reuters) -The judge in the criminal trial of former U.S. President Donald Trump’s real estate company on charges of tax fraud set opening statements for …

  • US and World News

    Barclays sees rosy outlook for Mexican peso in 2023

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Valentine Hilaire MEXICO CITY (Reuters) – The Mexican peso could close 2023 at 19.00 vs the U.S. dollar, Barclays analysts said on Friday, citing well-financed public accounts, appropriate actions …

  • US and World News

    Canada raising money for Ukraine with sale of bonds

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Rod Nickel WINNIPEG (Reuters) -Canada will sell a government-backed, 5-year bond to raise money for Ukraine, the first country to do so, and it will impose new sanctions on …

  • US and World News

    Mexico’s economy seen growing in Q3, but at slower pace – Reuters poll

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    MEXICO CITY (Reuters) – Mexico’s economy likely grew between July and September for the fourth consecutive quarter, though at a slower rate due to a slowdown in the United States, …

  • US and World News

    Elon Musk says Twitter will create content moderation council

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    (Reuters) – Elon Musk tweeted on Friday that Twitter will form a content moderation council “with widely diverse viewpoints.” Musk said that no major content decisions or account reinstatements will …

  • US and World News

    Oil giants’ massive profits revive calls for windfall taxes

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Sabrina Valle and Ron Bousso (Reuters) – Global energy giants including Exxon Mobil Corp and Chevron Corp posted another round of huge quarterly profits, benefiting from surging natural gas …

  • US and World News

    Italian court suspends decision on Amazon’s record fine appeal

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    ROME (Reuters) – An Italian court has suspended a decision on a request by e-commerce giant Amazon to annul a record 1.13 billion euro ($1.12 billion) fine imposed by Italy’s …

  • US and World News

    North Korea fires two missiles into sea as South Korea wraps up drills

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Josh Smith and Soo-hyang Choi SEOUL (Reuters) -North Korea fired two short-range ballistic missiles (SRBMs) off its east coast on Friday, South Korea’s military said, while South Korean forces …

  • US and World News

    Two senators ‘encouraged’ by U.S. Tesla criminal probe report

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By David Shepardson WASHINGTON (Reuters) – Two Democratic U.S. senators said they are “encouraged” by a reported criminal probe by the Justice Department into Tesla Inc over claims its electric …

  • US and World News

    Mexico’s FEMSA posts drop in Q3 earnings on increased costs

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Kylie Madry and Noe Torres MEXICO CITY (Reuters) – Mexican bottler and retailer Femsa posted a drop in third-quarter net profit on Friday to 10.75 billion pesos ($534.10 million), …

  • US and World News

    Factbox-Elon Musk ends Twitter fight but faces other legal headaches

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Tom Hals (Reuters) – Elon Musk was forced through a months-long court battle to buy Twitter on Thursday, but numerous lawsuits remain against the world’s richest person and electric …

  • US and World News

    Mexico’s Q3 economic activity points to 2.4% annual growth -finance ministry

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    MEXICO CITY (Reuters) – Mexico’s economic activity indicators in the third quarter point to economic growth in line with forecasts of 2.4% annual growth in 2022, the country’s finance ministry …

  • US and World News

    FACTBOX-Eight facts about rock pioneer Jerry Lee Lewis

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    (Reuters) – Eight facts about rock ‘n’ roll pioneer Jerry Lee Lewis, who has died at the age of 87: * Lewis grew up with his cousins, future country singer …

  • US and World News

    Canada’s Trudeau says clear action plan needed to address Haiti crisis

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Rod Nickel WINNIPEG (Reuters) – Canadian Prime Minister Justin Trudeau on Friday said a clear plan of action was needed before any mission to help Haiti goes forward, a …

  • US and World News

    Fed pivot not on horizon even as over-tightening risks loom- strategists

    by Reuters October 28, 2022
    by Reuters October 28, 2022

    By Anisha Sircar, Lisa Pauline Mattackal and Divya Chowdhury (Reuters) – There is a greater chance of the U.S. Federal Reserve raising interest rates too far and tipping the economy …

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