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US and World News

  • US and World News

    University of Cambridge says it gained from slave trade

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Alistair Smout LONDON (Reuters) – Britain’s University of Cambridge said on Thursday it had benefited from the proceeds of slavery over its history, and promised to expand scholarships for …

  • US and World News

    Kremlin denies that mobilisation decree allows a million to be enlisted

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    LONDON (Reuters) – The Kremlin on Thursday denied a report by the independent Novaya Gazeta Europe that an undisclosed clause in President Vladimir Putin’s decree on partial mobilisation provided for …

  • US and World News

    Turkish cenbank stuns markets again with 100 basis-point rate cut, lira hits new low

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Ali Kucukgocmen and Ezgi Erkoyun ISTANBUL (Reuters) – Turkey’s central bank delivered another surprise 100 basis-point rate cut on Thursday, sending the lira tumbling to an all-time low, even …

  • US and World News

    UniCredit to significantly raise 2022 guidance, confident also on 2023 – CEO

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Valentina Za MILAN (Reuters) -UniCredit will significantly improve its guidance for the current year when it presents third quarter results after hitting distribution goals on 2021, the Italian bank’s …

  • US and World News

    Blinken, Chinese counterpart to meet Friday in New York

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken plans to meet with his Chinese counterpart, Wang Yi, on Friday in New York on the sidelines of the U.N. General …

  • US and World News

    Renault ahead of schedule on EV partnerships – CEO

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Gilles Guillaume PARIS (Reuters) -French carmaker Renault will control 80% of its electric vehicle value chain well ahead of its 2030 target as it develops partnerships in batteries, electric …

  • US and World News

    Italy’s watchdog asks Facebook for clarification on pre-election activities

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    MILAN (Reuters) – Italy’s Data Protection Agency has asked Facebook to clarify the activities the social media giant has engaged in ahead of Sunday’s national elections, it said on Thursday. …

  • US and World News

    China Southern Airlines places order for 40 Airbus jets

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    (Reuters) -China Southern Airlines Co Ltd said on Thursday its unit has placed an order with Airbus SE for 40 A320neo-family aircraft worth $4.85 billion. The deal comes months after …

  • US and World News

    UBS to eliminate account balance fees from Oct 1 after SNB hike

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    ZURICH (Reuters) – UBS Group will eliminate from Oct. 1 the fee it charged on accounts by private and corporate clients to offset negative interest rates after the Swiss National …

  • US and World News

    Norway lifts rates to 2.25%, expects smaller hikes ahead

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Victoria Klesty OSLO (Reuters) – Norway’s central bank raised its benchmark interest rate by a widely-anticipated 50 basis points to 2.25% on Thursday, but said future hikes would be …

  • US and World News

    Europe’s vegetable farmers warn of shortages as energy crisis bites

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Ardee NAPOLITANO and Sybille de La Hamaide BOUVINES, France (Reuters) – Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year …

  • US and World News

    Marsh allows U.S. clients to pay broking fees with carbon credits

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    LONDON (Reuters) – Marsh’s U.S. clients will from Thursday be able to pay their fees in voluntary carbon offset credits or renewable energy certificates (RECs), the insurance broker said, part …

  • US and World News

    Bank of England hikes rates by 50 bps as economy slows

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    LONDON (Reuters) – The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and said it would continue to “respond forcefully, as necessary” to inflation, …

  • US and World News

    Factbox-Government measures to ease inflation pain

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    (Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have combined to drive up prices of energy, commodities and basic necessities. Below …

  • US and World News

    Kremlin: reports of exodus of fighting-age men are exaggerated

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    MOSCOW (Reuters) – The Kremlin on Thursday said reports of an exodus of draft-age men from Russia after President Vladimir Putin’s announcement of a partial mobilisation were “exaggerated”. Since President …

  • US and World News

    Vietnam central bank to raise policy rates by 100 bps

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    HANOI (Reuters) – Vietnam’s central bank announced on Thursday it would raise its policy rates by 100 basis points, in a rare monetary tightening move aimed at keeping inflation under …

  • US and World News

    WhatsApp Pay India head quits, joins Amazon -source

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Aditya Kalra BENGALURU (Reuters) -The head of WhatsApp’s India payment business, Manesh Mahatme, has quit after more than a year with the Meta Platforms-owned company to join Amazon India, …

  • US and World News

    Swiss National Bank exits negative rates era with 0.75% hike

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By John Revill and Silke Koltrowitz ZURICH (Reuters) -Switzerland exited the era of negative interest rates on Thursday when its central bank joined others around the world in tightening monetary …

  • US and World News

    Marketmind: BoJ intervention and rate hikes, say no more

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. What a 24 hours it’s been in financial markets. Let’s start with Japan — just hours …

  • US and World News

    Spain plans temporary tax on big fortunes for two years from 2023

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    MADRID (Reuters) – The Spanish government wants to slap a tax on the wealthiest 1% of Spaniards for two years from 2023 as a way to complement planned taxes on …

  • US and World News

    Strong nighttime earthquake jolts sleeping Mexicans, at least one death reported

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    MEXICO CITY (Reuters) -A magnitude 6.8 earthquake struck western Mexico early on Thursday, claiming the life of a woman in Mexico City who fell and hit her head as residents …

  • US and World News

    Taiwan central bank cuts growth outlook, citing China tension uncertainties

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Yimou Lee and Liang-sa Loh TAIPEI (Reuters) -Taiwan’s central bank on Thursday cut its growth forecast for this year, citing tensions with China as one of the economic uncertainties …

  • US and World News

    Russia confirms 55 servicemen freed in prisoner swap with Ukraine

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    LONDON (Reuters) -Russia’s defence ministry said on Thursday that 55 of its servicemen had been returned to Russia in the largest prisoner exchange deal with Ukraine since the start of …

  • US and World News

    World Bank’s Malpass faces calls to resign after climate change doubts

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Valerie Volcovici and Kate Abnett WASHINGTON (Reuters) – World Bank President David Malpass came under heavy criticism on Wednesday after he declined to say whether he accepts the scientific …

  • US and World News

    Indonesia central bank raises rates by 50 bps to head off inflation risks

    by Reuters September 22, 2022
    by Reuters September 22, 2022

    By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s central bank increased interest rates by more than expected on Thursday as it sought to rein in inflation after the …

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