OTTAWA/WASHINGTON (Reuters) – Canada will seek membership to the Indo-Pacific Economic Framework to further economic cooperation in the region, Foreign Minister Melanie Joly said on Thursday following a meeting with …
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Oil settles higher on strong crude demand, easing recession fears
by Reutersby ReutersBy Laura Sanicola (Reuters) -Oil rose more than $1 a barrel on Thursday, extending the previous day’s rally of nearly 3%, as optimism over record U.S. crude exports and signs …
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Bolsonaro shores up evangelical support in tight Brazil election
by Reutersby ReutersBy Brian Ellsworth and Fernando Cardoso SAO PAULO (Reuters) – Brazilian President Jair Bolsonaro heads into Sunday’s election with strong support among evangelical Christians, a key demographic that his rival …
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Putin blasts West, says world faces most dangerous decade since WW2
by Reutersby ReutersBy Guy Faulconbridge LONDON (Reuters) – President Vladimir Putin said on Thursday that the world faced the most dangerous decade since World War Two as Western elites scrambled to prevent …
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Myanmar warns any ASEAN pressures would create ‘negative implications’
by Reutersby ReutersBy Stanley Widianto, Ananda Teresia and Wa Lone JAKARTA (Reuters) – Myanmar’s military government warned on Thursday that any pressure from its Southeast Asian neighbours to put a time frame …
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Musk wants Twitter to be ‘most respected advertising platform’
by Reutersby Reuters(Reuters) -Elon Musk, who once tweeted “I hate advertising”, said he wants Twitter Inc to be “the most respected advertising platform”, in a bid to gain the trust of ad …
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Germany’s Continental announces $210 million Mexico expansion
by Reutersby ReutersMEXICO CITY (Reuters) – German auto parts maker Continental AG said on Thursday it will invest around 210 million euros ($209.48 million) in the Mexican state of Guanajuato, with plans …
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Jury orders Ford to pay software company $105 million in trade secrets case
by Reutersby Reuters(Corrects date of verdict to Wednesday from Tuesday in second paragraph, with no other changes to headline or text) By Jonathan Stempel NEW YORK (Reuters) – A federal jury in …
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Israel, Lebanon finalise maritime demarcation deal without mutual recognition
by Reutersby ReutersBy Maya Gebeily and Maayan Lubell BAABDA/JERUSALEM (Reuters) -Lebanese and Israeli leaders finalised a U.S.-brokered maritime demarcation deal on Thursday, bringing a measure of accommodation between the enemy states as …
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Venezuela’s PDVSA controls fire at small refinery, restarts other plants from outage
by Reutersby Reuters(Reuters) – A fire caused by a thunderstorm at Venezuela’s smallest refinery has been brought under control, a Venezuelan minister said, as the country’s largest refining facilities restart following a …
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Factbox-Who’s in and out in Credit Suisse’s day of reckoning
by Reutersby ReutersBy Pamela Barbaglia (Reuters) – Credit Suisse’s latest shake-up has led to the promotion of some senior executives to more powerful roles while others are leaving. The bank is significantly …
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Food group Danone raises 2022 outlook as third-quarter sales beat expectations
by Reutersby ReutersBy Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its third-quarter sales beat analysts’ estimates as the firm was able …
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CS First Boston revival comes with talent and capital dilemmas
by Reutersby ReutersBy Pamela Barbaglia, Anshuman Daga and Andres Gonzalez LONDON (Reuters) – Seeking to restore vigour to a business that’s been languishing, Credit Suisse says it will reshape its investment bank …
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Barrack says he hoped Trump ties would appeal to UAE; denies being agent
by Reutersby ReutersBy Luc Cohen NEW YORK (Reuters) -Tom Barrack, a onetime fundraiser for Donald Trump, acknowledged under cross-examination on Thursday that he hoped his ties to the then-president would encourage a …
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By Jonathan Stempel NEW YORK (Reuters) – Donald Trump’s namesake company urged a New York judge to reject a demand by the state’s attorney general to appoint a monitor to …
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TerraPower, PacifiCorp to study 5 more advanced nuclear reactors
by Reutersby ReutersWASHINGTON (Reuters) – TerraPower LLC, Bill Gates’ advanced nuclear reactor company, and power company PacifiCorp said on Thursday they will undertake a study to evaluate deploying up to five additional …
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Berlin lags on defence purchases after 100 billion euro pledge – sources
by Reutersby ReutersBy Sabine Siebold BERLIN (Reuters) – Germany is struggling to ramp up defence procurement or even just replace arms and munitions it has supplied to Kyiv, several sources told Reuters …
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LISBON (Reuters) – Portugal’s parliament easily approved the majority Socialist government’s 2023 budget bill on its first reading on Thursday, paving the way for planned further deficit and debt reductions …
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Analysis-Recession fears threaten perfect track record of post-midterm U.S. stock gains
by Reutersby ReutersBy Lewis Krauskopf NEW YORK (Reuters) – A potential recession could end a streak of gains for U.S. stocks that has followed every midterm election since World War Two. Since …
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ECB hawks play down change in rate language as doves claim small win -sources
by Reutersby ReutersBy Francesco Canepa, Balazs Koranyi and Frank Siebelt FRANKFURT (Reuters) – Some European Central Bank policymakers played down a change in the ECB’s official message on interest rates, which saw …
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Caterpillar beats profit estimates on strong equipment demand; shares rise
by Reutersby ReutersBy Bianca Flowers and Aishwarya Nair (Reuters) -Heavy-equipment maker Caterpillar Inc on Thursday topped Wall Street estimates for profit and revenue in the third quarter due to price increases and …
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WASHINGTON (Reuters) -Hertz Global Holdings Inc on Thursday reported a 12% jump in quarterly revenue, as demand for rental cars stayed strong amid surging leisure travel and constrained production from …
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Analysis-How Congress might look for Biden post midterms: The good, bad, and the ugly
by Reutersby ReutersBy Jeff Mason, Richard Cowan and Heather Timmons WASHINGTON (Reuters) – The midterm elections in the United States on Nov. 8 will determine whether Republicans or Democrats control each house …
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ROME (Reuters) – Morale amongst Italian businesses and consumers fell in October, data showed on Thursday, underscoring the challenges facing new Prime Minister Giorgia Meloni who has inherited a rapidly …
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By Michael Erman and Leroy Leo (Reuters) -Merck & Co on Thursday reported higher-than-expected third-quarter sales and profit on a jump in demand for blockbuster cancer immunotherapy Keytruda and human …