US and World News

LONDON (Reuters) – Britain would have the power to regulate all cryptoassets under a proposal the UK financial services minister has added to a draft law before parliament that will …

By Idrees Ali and Phil Stewart WASHINGTON (Reuters) -The United States will stop developing nuclear-armed sea launched cruise missiles, Pentagon documents released on Thursday said, despite senior military officials publicly …

By Sruthi Shankar and Ankika Biswas (Reuters) – European stocks emerged from their session lows and closed nearly flat on Thursday after the European Central Bank raised interest rates by …

By Niket Nishant and Manya Saini (Reuters) – Mastercard Inc on Thursday pushed back against worries of a slowdown in consumer spending after a weaker-than-expected forecast for revenue growth for …

By Maytaal Angel LONDON (Reuters) – In a move it hopes will redefine the way chocolate is made, Swiss-based Barry Callebaut launched a new bar on Thursday, the fruit of …

NEW YORK (Reuters) – Harris Associates, a shareholder of Credit Suisse Group, said on Thursday it welcomed the “aggressive” approach the Swiss bank was taking to improve its performance. “We …

By Rod Nickel WINNIPEG, Manitoba (Reuters) – Abundant hydropower in Canada, the world’s third-biggest producer of the low-emissions electricity source, gives it a headstart on cleaning up its grid in …

By Bartosz Dabrowski and Andrey Sychev (Reuters) – Linde Plc, the world’s largest industrial gases company, said on Thursday it could benefit from the transition to clean energy in the …

(Reuters) – French car parts maker Valeo on Thursday posted third-quarter sales slightly above expectations and confirmed its full-year guidance. Valeo, which specialises in the design, production and sale of …

SOFIA (Reuters) – The political instability and lack of a regular government is posing a serious challenge to Bulgaria’s prospects to join the euro zone as of Jan. 1, 2024, …

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The Biden administration expects to ink a deal with allies in the near-term to bring them on board with new U.S. …

By Kylie Madry and Noe Torres MEXICO CITY (Reuters) -Mexican cement producer Cemex posted a profit for the third quarter Thursday on higher prices, though shares slid after it missed …

(Reuters) – French video game maker Ubisoft said on Thursday its net result turned into a loss in the half-year, citing lost research and development expenses and related game cancellations. …

COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 0.60 percentage points to 1.25% on Thursday to its highest level in thirteen years, following a rate hike …

By Mike Stone and Nathan Gomes (Reuters) – U.S. defense contractor Northrop Grumman Corp on Thursday said it expected full-year sales and profit to be near the lower end of …

WASHINGTON (Reuters) – Any response on U.S. infrastructure will be met with a response, the White House said on Thursday after a senior Russian foreign ministry official said Western commercial …

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell on Thursday posted a third-quarter profit of $9.45 billion, slightly below the second quarter’s record high, due to weaker refining …

By Richa Naidu LONDON (Reuters) -Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised its full year …

By Francesco Canepa and Yoruk Bahceli FRANKFURT (Reuters) – The European Central Bank on Thursday got rid of a subsidy on over 2 trillion euros of loans to banks to …

ZURICH (Reuters) – Credit Suisse has taken measures to reduce risks and improve its capital situation, Swiss banking supervisor FINMA said on Thursday after the bank unveiled a sweeping overhaul. …

By Benjamin Mallet and Silvia Aloisi PARIS (Reuters) – TotalEnergies posted a sharp jump in third quarter net profit on Thursday, joining other energy giants which have benefited from higher …

By Steve Scherer OTTAWA (Reuters) – Canada’s Liberal-led government will keep its powder dry when it unveils a fiscal update next month, and though it could contain additional targeted spending, …

By Nivedita Balu (Reuters) -Shopify Inc beat estimates for quarterly revenue on Thursday and reported a smaller-than-expected loss, powered by businesses turning to the Canadian company’s tools and payment options …

By Uday Sampath Kumar and Hilary Russ (Reuters) -McDonald’s Corp beat quarterly comparable sales and profit estimates on Thursday, helped by higher menu prices and an increase in restaurant traffic …

By Nailia Bagirova and Olesya Astakhova BAKU (Reuters) -Igor Sechin, chief executive of Russian oil giant Rosneft and one of Vladimir Putin’s closest allies, on Thursday heaped praise on China’s …