US and World News

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s aggressive campaign to rein in inflation leaves it on track for tens of billions, if not more, in losses …

By Victoria Waldersee BERLIN (Reuters) – Volkswagen said supply chain troubles were the new norm as it reported stagnated earnings in the third quarter, but the carmaker still expects growth …

JERUSALEM (Reuters) – On Nov. 1 Israel holds an unprecedented fifth election in less than four years with former prime minister Benjamin Netanyahu vying for a comeback. Caught in an …

(Reuters) -AbbVie Inc on Friday missed Wall Street estimates for quarterly sales, hurt by weaker-than-expected revenue from its popular facial filler Juvederm and blockbuster anti-wrinkle injection Botox. North Chicago, Illinois-based …

(Reuters) – Global equity funds attracted money inflows in the week ended Oct. 26, bolstered by expectations the Federal Reserve would slow its pace of rate hikes to counter the …

TOKYO (Reuters) -Japan is in the final stages of negotiations with the United States to buy U.S.-made Tomahawk cruise missiles, the Yomiuri daily reported on Friday, citing multiple unnamed Japanese …

By Paul Sandle, Juliette Portala and Anne Kauranen LONDON (Reuters) -Strong demand to fly away this summer boosted profits at the owners of British Airways, Finnair, Air France and KLM …

By William Schomberg LONDON (Reuters) – The Bank of England looks set to raise borrowing costs by the most since 1989 next week even as it prepares for a recession …

MOSCOW (Reuters) -The rouble strengthened on Friday, hovering between 61 and 62 to the dollar and showing limited reaction to the central bank’s decision to leave interest rates unchanged as …

OSLO (Reuters) – Norway’s $1.15 trillion fund, the world’s largest, posted a loss of 449 billion Norwegian crowns ($43.47 billion) in the third quarter of 2022, it said on Friday, …

SHANGHAI (Reuters) -China’s biggest electric vehicle (EV) maker BYD said its third-quarter net profit jumped 350% from a year ago, helped by a wider range of product offerings and strong …

LONDON (Reuters) – Glencore expects second-half operating profit at its trading arm to fall sharply from the previous six months to $1.6 billion, it said on Friday, but it remains …

By Leika Kihara and Daniel Leussink TOKYO (Reuters) -Japan said on Friday it would spend $200 billion on an economic stimulus package meant to tame inflation and cushion the economic …

By Jarrett Renshaw HARRISBURG, Penn. (Reuters) – Pennsylvania Democrats tried to do damage control on John Fetterman’s U.S. Senate campaign on Wednesday, the morning after a shaky debate performance against …

(Reuters) – Shell’s outgoing Chief Executive Ben van Beurden will get one-year base salary of 1.42 million pounds ($1.64 million) as compensation after leaving the position at the end of …

((This Oct. 26 story has been refiled to correct name to Mary Khachikyan from Mari Khachikyan in paragraph 8)) By Lev Sergeev YEREVAN (Reuters) – In the Armenian capital Yerevan, …

(Reuters) – Elon Musk completed his $44 billion acquisition of Twitter Inc late on Thursday and his first move was to fire the social media company’s top leadership which he …

By Tiyashi Datta, Jane Lanhee Lee and Chavi Mehta (Reuters) -In a further sign that large companies may be girding against an imminent recession, U.S. tech giants Amazon.com, Microsoft and …

(Reuters) – U.S. billionaire Elon Musk became Twitter Inc’s new owner on Thursday after he completed his $44 billion deal to acquire the social media firm, concluding a dramatic six-month …

By Andreas Rinke BERLIN (Reuters) -Russia’s invasion of Ukraine has caused an “epochal break” in Germany’s ties with Moscow and the war has shattered former Soviet president Mikhail Gorbachev’s dream …

OSLO (Reuters) – Sweden has ordered additional investigations to be carried out of the damage done last month to the two Nord Stream pipelines, the prosecutor in charge of the …

By Helen Coster and Krystal Hu (Reuters) – Ever since former U.S. President Donald Trump launched a new media company aimed at rivaling Twitter, there has been a mystery over …

By Nathan Layne (Reuters) -The head of a Michigan election software company facing felony charges in California for allegedly storing poll worker data in China filed a motion on Thursday …

By Gram Slattery (Reuters) -Phoenix police on Thursday arrested a person suspected of breaking into the campaign headquarters of Arizona Democratic gubernatorial candidate Katie Hobbs two days earlier. Phoenix police …