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 …
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Biden says Shell is misusing its profits by not cutting gas prices
by Reutersby ReutersSYRACUSE, 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 …
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Google Play in EU antitrust sights as Android fine appeal pending
by Reutersby ReutersBy 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 …
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McKinsey reaches deal with U.S. local governments over opioids
by Reutersby ReutersBy 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 …
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Twitter shares to be suspended on NYSE as Musk nears takeover
by Reutersby Reuters(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 …
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U.S., allies slam Russia for wasting U.N. Security Council time
by Reutersby ReutersBy 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 …
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Billionaires Slim, Larrea face off for Citi’s Mexico business – sources
by Reutersby ReutersBy 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 …
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Wall Street mixed, European shares end nearly flat; sterling, euro fall
by Reutersby ReutersBy 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 …
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Credit Suisse seeks billions from investors in make-or-break shake-up
by Reutersby ReutersBy 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 …
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Brazil central govt posts better-than-expected primary surplus in September
by Reutersby ReutersBRASILIA (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 …
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EU wants 40-man antitrust team to enforce new tech rules, official says
by Reutersby ReutersBy 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 …
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Swedish Match recommends shareholders accept Philip Morris’ $16 billion offer
by Reutersby Reuters(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 …
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Universal Music Q3 earnings beat expectations, streaming growth slows
by Reutersby ReutersAMSTERDAM (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. …
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Exclusive-Mexico to proceed with GMO corn ban, seeks international grain deals -official
by Reutersby ReutersBy 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 …
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China Southern website shows 737 MAX could return to Chinese service on Oct 30
by Reutersby ReutersBy 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, …
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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 …
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Southwest Airlines forecasts ‘strong’ fourth quarter on travel boom
by Reutersby ReutersBy 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 …
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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 …
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Iran’s Khamenei vows revenge after deadly attack on Shi’ite pilgrims
by Reutersby ReutersDUBAI (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 …
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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 …
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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 …
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Yellen says U.S. GDP data shows strength, but also healthy slowdown
by Reutersby ReutersBy 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 …
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Democrats turn to Obama for midterm miracle, or at least to stem the bleeding
by Reutersby ReutersBy 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 …
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Analysis-U.S. junk bond investors face tough choice as yields spike
by Reutersby ReutersBy 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 …
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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 …