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Category:

US and World News

  • US and World News

    Canada to seek membership to Indo-Pacific Economic Framework

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

    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 …

  • US and World News

    Oil settles higher on strong crude demand, easing recession fears

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

    By 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 …

  • US and World News

    Bolsonaro shores up evangelical support in tight Brazil election

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

    By 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 …

  • US and World News

    Putin blasts West, says world faces most dangerous decade since WW2

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

    By 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 …

  • US and World News

    Myanmar warns any ASEAN pressures would create ‘negative implications’

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

    By 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 …

  • US and World News

    Musk wants Twitter to be ‘most respected advertising platform’

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

    (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 …

  • US and World News

    Germany’s Continental announces $210 million Mexico expansion

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

    MEXICO 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 …

  • US and World News

    Jury orders Ford to pay software company $105 million in trade secrets case

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

    (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 …

  • US and World News

    Israel, Lebanon finalise maritime demarcation deal without mutual recognition

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

    By 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 …

  • US and World News

    Venezuela’s PDVSA controls fire at small refinery, restarts other plants from outage

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

    (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 …

  • US and World News

    Factbox-Who’s in and out in Credit Suisse’s day of reckoning

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

    By 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 …

  • US and World News

    Food group Danone raises 2022 outlook as third-quarter sales beat expectations

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

    By 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 …

  • US and World News

    CS First Boston revival comes with talent and capital dilemmas

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

    By 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 …

  • US and World News

    Barrack says he hoped Trump ties would appeal to UAE; denies being agent

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

    By 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 …

  • US and World News

    Trump’s company: We don’t need a monitor

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

    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 …

  • US and World News

    TerraPower, PacifiCorp to study 5 more advanced nuclear reactors

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

    WASHINGTON (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 …

  • US and World News

    Berlin lags on defence purchases after 100 billion euro pledge – sources

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

    By 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 …

  • US and World News

    Portugal’s parliament approves budget bill on first reading

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

    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 …

  • US and World News

    Analysis-Recession fears threaten perfect track record of post-midterm U.S. stock gains

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

    By 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 …

  • US and World News

    ECB hawks play down change in rate language as doves claim small win -sources

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

    By 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 …

  • US and World News

    Caterpillar beats profit estimates on strong equipment demand; shares rise

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

    By 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 …

  • US and World News

    Hertz revenue jumps 12% on car rental demand

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

    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 …

  • US and World News

    Analysis-How Congress might look for Biden post midterms: The good, bad, and the ugly

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

    By 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 …

  • US and World News

    Italy consumer morale at 9-year low as Meloni takes charge

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

    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 …

  • US and World News

    Merck lifts full-year forecast as Keytruda sales soar

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

    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 …

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