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US and World News

  • US and World News

    Biden says Republican plan will boost inflation

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Nandita Bose and Trevor Hunnicutt SYRACUSE, N.Y. (Reuters) -President Joe Biden contrasted his economic plan with Republicans’ on Thursday in a last-ditch effort days before U.S. midterm elections to …

  • US and World News

    Biden says Shell is misusing its profits by not cutting gas prices

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    SYRACUSE, N.Y. (Reuters) – U.S. President Joe Biden blasted Shell plc on Thursday for funneling profits to shareholders rather than lowering gas prices, after the British oil giant said it …

  • US and World News

    Google Play in EU antitrust sights as Android fine appeal pending

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Foo Yun Chee BRUSSELS (Reuters) -Alphabet unit Google’s Google Play Store is the target of an EU antitrust investigation, the company said in a regulatory filing, a move that …

  • US and World News

    McKinsey reaches deal with U.S. local governments over opioids

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Brendan Pierson (Reuters) -Leading consulting firm McKinsey & Co has agreed to settle claims by hundreds of U.S. local governments and school districts around the country that it fueled …

  • US and World News

    Twitter shares to be suspended on NYSE as Musk nears takeover

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    (Reuters) -Twitter Inc shares will be suspended from trading on Friday, the New York Stock Exchange’s website showed, as billionaire Elon Musk faces a court-ordered Oct. 28 deadline to close …

  • US and World News

    U.S., allies slam Russia for wasting U.N. Security Council time

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Michelle Nichols UNITED NATIONS (Reuters) – The United States and allies slammed Russia on Thursday for wasting the time of the U.N. Security Council and spreading conspiracies by again …

  • US and World News

    Billionaires Slim, Larrea face off for Citi’s Mexico business – sources

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Andres Gonzalez, David French and Saeed Azhar (Reuters) – Mexican corporate titans Carlos Slim and German Larrea are squaring off to acquire Citigroup Inc’s local retail arm after the …

  • US and World News

    Wall Street mixed, European shares end nearly flat; sterling, euro fall

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Chris Prentice and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -U.S. stocks were mixed and European shares ended nearly flat on Thursday as investors balanced mixed earnings reports and economic data, while …

  • US and World News

    Credit Suisse seeks billions from investors in make-or-break shake-up

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Noele Illien, Oliver Hirt and John O’Donnell ZURICH (Reuters) – Credit Suisse plans to raise 4 billion Swiss francs ($4 billion) from investors, cut thousands of jobs and shift …

  • US and World News

    Brazil central govt posts better-than-expected primary surplus in September

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    BRASILIA (Reuters) -Brazil’s central government posted a better-than-expected primary budget surplus in September, Treasury data showed on Thursday, boosted by dividends from the state-owned oil company Petrobras and higher tax …

  • US and World News

    EU wants 40-man antitrust team to enforce new tech rules, official says

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are looking to establish a 40-man team and hire a technology expert to enforce tough new rules aimed at reining …

  • US and World News

    Swedish Match recommends shareholders accept Philip Morris’ $16 billion offer

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    (Reuters) -Swedish Match AB on Thursday recommended its shareholders accept Marlboro maker Philip Morris International Inc’s raised $16 billion buyout bid for the tobacco company. Some Swedish Match shareholders have …

  • US and World News

    Universal Music Q3 earnings beat expectations, streaming growth slows

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    AMSTERDAM (Reuters) -Universal Music Group NV (UMG), the largest record label, on Thursday reported better than expected third-quarter core earnings due to a legal settlement, though streaming revenue growth slowed. …

  • US and World News

    Exclusive-Mexico to proceed with GMO corn ban, seeks international grain deals -official

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Cassandra Garrison and Adriana Barrera MEXICO CITY (Reuters) – Mexico is considering direct agreements with farmers in the United States, Argentina and Brazil to secure non-genetically modified yellow corn …

  • US and World News

    China Southern website shows 737 MAX could return to Chinese service on Oct 30

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Jamie Freed and Brenda Goh (Reuters) -China Southern Airlines Co Ltd has scheduled domestic flights with the 737 MAX on Oct. 30, a booking search on its website shows, …

  • US and World News

    Tesla recalls 24,000 U.S. vehicles over seat belt issue

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    WASHINGTON (Reuters) – Tesla Inc is recalling just over 24,000 U.S. 2017-2022 Model 3 vehicles over a seat belt issue. The Austin-based electric vehicle company said the second-row left seat …

  • US and World News

    Southwest Airlines forecasts ‘strong’ fourth quarter on travel boom

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Rajesh Kumar Singh and Kannaki Deka (Reuters) – Southwest Airlines Co on Thursday forecast “strong” earnings in the current quarter after third-quarter profit topped Wall Street estimates, as demand …

  • US and World News

    Venezuelan opposition leader Guaido: Set election date now

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    CARACAS (Reuters) – Venezuelan opposition leader Juan Guaido on Thursday called on authorities to schedule a date for the country’s next presidential vote, after years of bitter clashes with President …

  • US and World News

    Iran’s Khamenei vows revenge after deadly attack on Shi’ite pilgrims

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    DUBAI (Reuters) -Iran’s Supreme Leader vowed on Thursday to retaliate against those threatening the country’s security after the massacre of Shi’ite pilgrims, an assault claimed by Islamic State which threatens …

  • US and World News

    Marketmind: The yen also rises

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever The heat is off the Bank of Japan. A little. The BOJ announces …

  • US and World News

    Euro sinks more than 1% after ECB rate hike, U.S. GDP data

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By John McCrank NEW YORK (Reuters) – The euro dropped more than 1% on Thursday, falling back below parity with the dollar, after the European Central Bank (ECB) raised interest …

  • US and World News

    Yellen says U.S. GDP data shows strength, but also healthy slowdown

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By David Lawder CLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said new GDP data shows strength in the U.S. economy but also some evidence of a healthy …

  • US and World News

    Democrats turn to Obama for midterm miracle, or at least to stem the bleeding

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By James Oliphant WASHINGTON (Reuters) – Less than two weeks before the U.S. midterm elections, with Democrats on verge of losing their razor-thin majority in Congress, the party is asking …

  • US and World News

    Analysis-U.S. junk bond investors face tough choice as yields spike

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    By Matt Tracy and Shankar Ramakrishnan WASHINGTON (Reuters) – A sell-off in the U.S junk bond market is presenting investors with a buying opportunity but some are holding back, worried …

  • US and World News

    Worried by Haiti violence, Canada sends delegation

    by Reuters October 27, 2022
    by Reuters October 27, 2022

    WASHINGTON (Reuters) -Canada has sent officials to Haiti to assess the Caribbean nation’s humanitarian and security crisis, saying it will not sit by idly while gangs threaten women and children …

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