TOKYO (Reuters) – The Bank of Japan raised its inflation forecasts on Friday but maintained ultra-low interest rates, remaining a dovish outlier among a global wave of central banks tightening …
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US and World News
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By Daina Beth Solomon PIEDRAS NEGRAS, Mexico (Reuters) – Until last year, Julieta Monica Morales was another factory worker making T-shirts in central Mexico, fuming over poor pay and a …
- US and World News
IMF cuts Asia’s economic forecasts as China’s slowdown bites
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – The International Monetary Fund cut Asia’s economic forecasts on Friday as global monetary tightening, rising inflation blamed on the war in Ukraine, and China’s …
- US and World News
Qantas ‘disappointed’ at regulator delaying Alliance Aviation deal verdict
by Reutersby Reuters(Reuters) -Australia’s Qantas Airways Ltd on Friday “expressed disappointment” at the country’s competition regulator delaying its decision on the carrier’s $394 million buy of Alliance Aviation Services. The Australian Competition …
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Amazon predicts sales growth slowdown for holidays, crushing shares
by Reutersby ReutersBy Jeffrey Dastin and Tiyashi Datta (Reuters) -Amazon.com Inc on Thursday forecast a slowdown in sales growth for the holiday season, disappointing Wall Street and warning that inflation-wary consumers and …
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(Reuters) – Eight people died in a house fire on Thursday in Broken Arrow, Oklahoma, where police said the blaze was being investigated as a homicide. Neighbors reported the fire …
- US and World News
Whale injuries from drift gillnets off California spark lawsuit against U.S
by Reutersby ReutersBy Steve Gorman LOS ANGELES (Reuters) – Environmentalists on Thursday sued the agency overseeing U.S. fisheries, claiming it had failed to protect endangered humpback whales from entanglement in drift gillnets …
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By Rae Wee SINGAPORE (Reuters) – The euro held below parity on Friday as investors eyed a potential slowdown in future rate hikes by the European Central Bank, while the …
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In Europe, consumer businesses like Amazon face holiday reckoning
by Reutersby ReutersBy Jeffrey Dastin (Reuters) – Amazon.com Inc, the global retailer whose results can represent a bellwether for the e-commerce industry, on Thursday signaled a pain point for sales this holiday …
- US and World News
Yellen says debt ceiling should ‘not be held hostage’ by Congress-CNN
by Reutersby ReutersCLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that both she and President Joe Biden agree that the federal debt ceiling should not be held hostage by …
- US and World News
U.S. business sentiment in China hits record low as zero-COVID persists – survey
by Reutersby ReutersBy Josh Horwitz SHANGHAI (Reuters) – Optimism among U.S. businesses in China has hit record low levels, an annual survey showed on Friday, as competitive, economic, and regulatory challenges compound …
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Biden: Putin’s talk of possible use of nuclear weapons in Ukraine is ‘dangerous’
by Reutersby ReutersWASHINGTON (Reuters) -U.S. President Joe Biden expressed skepticism on Thursday about Russian President Vladimir Putin’s comment that he had no intention of using a nuclear weapon in Ukraine. Putin, in …
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RBA to stick with modest rate hikes despite hot inflation: Reuters poll
by Reutersby ReutersBy Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of Australia will raise interest rates by a more modest 25 basis points for a second straight month on Tuesday and …
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Macquarie sees more commodities unit strength after profit jumps
by Reutersby ReutersBy Jaskiran Singh (Reuters) -Australia’s Macquarie on Friday forecast stronger short-term income from its commodities trading business, after the unit tapped volatile oil and gas prices to boost profit in …
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Golf-For 9/11 families LIV Golf is ‘Death Golf,’ says advocacy group
by Reutersby ReutersBy Steve Keating MIAMI (Reuters) – As Donald Trump was teeing off in a Pro Am event at the season finale of the Saudi-backed LIV Golf Series at the ex-president’s …
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By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide figures, rose 3.4% in October from a year earlier, data …
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By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday cut its full-year profit and revenue forecast and warned it would lay off staff, but a stronger-than-expected …
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Volkswagen, Continental announce nearly $1 billion in Mexico investments
by Reutersby ReutersMEXICO CITY (Reuters) – Auto manufacturing companies Volkswagen and Continental both pledged major investments in Mexico on Thursday totaling nearly $1 billion, one of the biggest sums for the sector …
- US and World News
Pinterest soars as revenue beat stands out in social media gloom
by Reutersby ReutersBy Vansh Agarwal and Shreyaa Narayanan (Reuters) -Pinterest Inc beat estimates for quarterly revenue on Thursday, making it a rare bright spot in an otherwise downbeat social media sector and …
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PetroChina Jan-Sept net income up 60% at record $16.7 billion
by Reutersby ReutersBy Chen Aizhu SINGAPORE (Reuters) -Asia’s largest oil and gas producer PetroChina Co Ltd reported a 60% year-on-year rise in nine-month net profit to record highs, lifted by stronger global …
- US and World News
S&P 500, Nasdaq slide, while Dow ends higher on mixed earnings picture
by Reutersby ReutersBy Stephen Culp NEW YORK (Reuters) – The S&P 500 and the Nasdaq posted losses on Thursday, as investors contended with solid economic data and a mixed bag of corporate …
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(Reuters) – Grupo Televisa, Mexico’s largest broadcaster, on Thursday said its third-quarter net profit jumped 47% from a year earlier, boosted by lower financial expenses. The company posted a net …
- US and World News
House Democrats rush to defend record on crime as U.S. midterms loom
by Reutersby ReutersBy Gram Slattery WASHINGTON (Reuters) -Seeking to stem expected losses in the midterm elections, almost a dozen Democrats in the U.S. House of Representatives have in the past week rolled …
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WASHINGTON (Reuters) – The United States is preparing a new $275 million package of military assistance for Ukraine to bolster its counter-offensive against Russian forces, a source familiar with the …
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By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank raised interest rates again on Thursday and put the reduction of its bloated balance sheet on the …