US and World News

(Reuters) – Spain’s unemployment rate crept up to 12.67% in the third quarter from 12.48% the previous quarter while overall employment also increased, data from the National Statistics Institute showed …

By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics said on Thursday its supply of memory chips will grow faster than its peers and its investments will proceed …

COPENHAGEN (Reuters) – Danish brewer Carlsberg has seen little evidence of rising inflation hitting beer sales, but that could change going into 2023 as brewers continue to raise prices, Chief …

By Cynthia Kim SEOUL (Reuters) – South Korea’s central bank announced more measures on Thursday to improve liquidity in the banking system and mitigate the fallout from a developer’s debt …

(Reuters) – The Russian rouble climbed in early morning trading on Thursday, a day before the central bank is due to meet for its rate-setting decision. By 0710 GMT, the …

ZURICH (Reuters) – Credit Suisse announced on Thursday a strategic revamp aiming to turn the corner on years of scandals, losses and executive upheaval at a financial insitution with deep …

BEIRUT (Reuters) – Lebanon’s President Michel Aoun signed a letter approving a landmark U.S.-brokered deal laying out his country’s maritime boundary with Israel on Thursday, its top negotiator told reporters. …

By Martin Petty (Reuters) – Foreign ministers from member countries of the Association of Southeast Asian Nations (ASEAN) are meeting on Thursday to discuss an intensifying crisis in Myanmar, 18 …

By Joyce Lee SEOUL (Reuters) – As Samsung Electronics’ de facto leader Jay Y. Lee steps up as chairman, daunting tasks await the executive seeking to build on the work …

ATHENS (Reuters) – Rising interest rates will provide a significant tailwind to Greek bank earnings this year and the next, Eurobank Equities said on Thursday, rating Alpha Bank, National Bank …

ZURICH (Reuters) -Swiss agrichemicals and seeds group Syngenta on Thursday logged slightly slower – albeit still robust – growth in sales and core earnings for the third quarter. The Chinese-owned …

BEIJING (Reuters) – President Xi Jinping said China is willing to work with the United States to find ways to get along to the benefit of both, Chinese state television …

BERLIN (Reuters) – Nivea maker Beiersdorf on Thursday raised its sales guidance for the full year after strong demand for its personal care and skin care as well as its …

WASHINGTON (Reuters) – U.S. President Joe Biden on Wednesday compared Republican plans on taxes and spending if they take control of Congress in November to the economic plan rolled out …

By Yousef Saba DUBAI (Reuters) – The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, said it delivered strong returns in 2021, buoyed by a …

By Yoshifumi Takemoto and Takaya Yamaguchi TOKYO (Reuters) -Japan will unveil on Friday a fresh spending package of more than $200 billion that includes steps to curb electricity bills, sources …

SEOUL (Reuters) -South Korea’s government said on Thursday it would ease regulations on the housing sector and boost policy support for the rechargeable battery and shipbuilding sectors to offset the …

By David Morgan WASHINGTON (Reuters) -Republican U.S. Senate candidate Herschel Walker, who has said he opposes abortion with no exceptions, faced fresh allegations on Wednesday from a second woman who …

By Johan Ahlander STOCKHOLM (Reuters) -Swedbank on Thursday reported a better-than-expected operating profit for the third quarter, underpinned by strong income from mortgages. The Swedish bank said in a statement …

SHANGHAI (Reuters) – The yuan briefly touched a 1-1/2-week high against the dollar before giving back all the gains by midday on Thursday as Chinese cities tightened curbs against growing …

FRANKFURT (Reuters) -Germany’s Lufthansa gave an upbeat forecast for air travel on Thursday, saying it expected demand to remain strong, with high average yields, as holidaymakers splash out on tickets. …

BERLIN (Reuters) – German consumer morale is expected to recover slightly in November, a small reprieve after four consecutive months of record lows, though talk of a trend reversal is …

By Samuel Indyk and Harry Robertson LONDON (Reuters) – Germany, considered Europe’s most reliable debtor, is having trouble selling its bonds, just as it seeks billions to tackle the energy …

TAIPEI (Reuters) – Taiwan’s economy likely expanded slightly faster in the third quarter compared to the prior quarter but at an anaemic pace due to increased global economic headwinds denting …

By Mike Dolan LONDON (Reuters) – Central banks may be forced to rethink and even undermine one of their prized emergency policy tools as popular resistance mounts against giant cash …