US and World News

WASHINGTON (Reuters) – U.S. President Joe Biden called House Speaker Nancy Pelosi on Friday after a home invasion attack in San Francisco put her 82-year-old husband, Paul Pelosi, in the …

By Krystal Hu (Reuters) – Binance, the world’s largest crypto exchange that has invested $500 million into Elon Musk’s buyout of Twitter Inc, is creating a team to work on …

By Svea Herbst-Bayliss NEW YORK (Reuters) -The world’s wealthiest man is about to make a swath of already affluent investors even richer. Firms including Pentwater Capital, Millennium Management, Adage Capital …

By Divya Rajagopal TORONTO (Reuters) -Rogers Communications Inc, Shaw Communications and Quebecor Inc have failed to mediate their differences with Canada’s competition bureau over Rogers’ C$20 billion ($14.75 billion) bid …

(Reuters) – Billionaire Elon Musk became Twitter Inc’s owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for …

By Dietrich Knauth New York (Reuters) – Revlon Inc’s bankruptcy attorneys said in court on Thursday that the cosmetics company is engaging with possible purchasers as a way to exit …

By Victoria Waldersee BERLIN (Reuters) -Porsche reported a 40.6% leap in operating profit to more than 5 billion euros ($5 billion) in the first nine months of 2022 and predicted …

(Reuters) – U.S. equity funds received their biggest inflow in 18 weeks in the week ended Oct. 26, buoyed by hopes that the Federal Reserve would slow the pace of …

MOSCOW (Reuters) – Russia’s finance ministry has significantly cut expectations of taxable oil production for 2023, according to the draft budget for the next three years, in the expectation Western …

WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell for a fourth straight month in September as the housing market continued to buckle under the strain of higher …

(Reuters) -Billionaire Elon Musk became Twitter Inc’s owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the …

WASHINGTON (Reuters) – U.S. labor costs increased solidly in the third quarter, but private sector wage growth slowed considerably, suggesting inflation had either peaked or was close doing so. The …

By Lucy Raitano LONDON (Reuters) -Investors took advantage of a wipeout in U.S. tech stocks this week to snap up equities, even though this sector is one of the most …

By Hyunjoo Jin and Chibuike Oguh (Reuters) – Elon Musk on Thursday closed the $44 billion deal announced in April to take Twitter Inc private and took ownership of the …

LONDON (Reuters) – Glencore produced 18% less zinc in the first nine months compared with the same period a year before, the company said on Friday as it trimmed its …

By Julie Gordon OTTAWA (Reuters) -Canada’s economy grew slightly more than expected in August and most likely stayed in positive territory through the summer, official data showed on Friday, a …

(Reuters) – Russian Central Bank Governor Elvira Nabiullina and deputy governor Alexei Zabotkin gave a news conference after the central bank left its key rate unchanged at 7.5 percent on …

NEW YORK (Reuters) – U.S. consumer spending increased more than expected in September, while underlying inflation pressures continued to bubble, keeping the Federal Reserve on track to hike interest rates …

PARIS (Reuters) – Airbus confirmed on Friday it is negotiating a new bribery settlement with French authorities over past dealings in Libya and Kazakhstan on top of record fines agreed …

By Nate Raymond (Reuters) – When the U.S. Supreme Court next week considers ending policies used by many colleges and universities to increase their numbers of Black and Hispanic students, …

By Sheila Dang and Greg Roumeliotis NEW YORK (Reuters) -Elon Musk has taken ownership of Twitter Inc with brutal efficiency, firing top executives but providing little clarity over how he …

By Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers stood firmly behind plans to keep raising interest rates even if that pushes the bloc into recession and stirs political …

By Alexander Marrow MOSCOW (Reuters) -Russia’s central bank held its key interest rate at 7.5% on Friday, cautioning that expectations of price rises had grown and that Russia’s partial mobilisation …

ZURICH (Reuters) – The Swiss National Bank endorses the measures Credit Suisse has taken to transform the embattled Swiss bank and shore up its capital, SNB Vice Chairman Martin Schlegel …

By Sabrina Valle HOUSTON (Reuters) – Chevron Corp on Friday reported its second-highest ever quarterly profit, blasting past analysts’ estimates, driven by soaring global demand for its oil and gas …