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US and World News

  • US and World News

    Printing the future: New factory tech reshapes the U.S. industrial economy

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    By Timothy Aeppel DEVENS, Mass. (Reuters) – The giant machines churning out metal parts on this factory floor do not bang or clang – or make any other noise usually …

  • US and World News

    With fresh firepower, brutal bank thieves blitz small-town Brazil

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    By Gabriel Stargardter UBERABA, Brazil (Reuters) – Shortly before dawn in late June 2019, a heavily armed crew of bank robbers rammed a truck into the Brazilian city of Uberaba’s …

  • US and World News

    UK manufacturers gloomy about near-term outlook – CBI

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    By David Milliken LONDON (Reuters) -British manufacturers expect the biggest drop in production since the start of last year over the next three months, a monthly survey from the Confederation …

  • US and World News

    Marketmind: Fed meets as dogs of war growl

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    (Reuters) – A look at the day ahead in markets from Alun John. Investors were finally starting to turn all their attention to Wednesday’s interest rate announcement from the Federal …

  • US and World News

    Nomura appoints Willcox as head of wholesale division, Ashley steps down

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    (Reuters) – Nomura Holdings Corp on Wednesday appointed Christopher Willcox as head of its wholesale division and executive officer, effective October 1. Willcox replaces Steven Ashley who has been appointed …

  • US and World News

    UK short-dated gilt yields highest since 2008 ahead of BoE, Fed

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    LONDON (Reuters) – British two-year and five-year government bond yields rose to their highest since late 2008 on Wednesday, ahead of expected interest rate increases from the U.S. Federal Reserve …

  • US and World News

    Uniper: Unipro has book value of up to $2.2 billion

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    FRANKFURT (Reuters) – Unipro, the Russian utility that majority owner Uniper is seeking to sell, still has a book value of between 1.7 billion to 2.2 billion euros ($1.7-$2.2 billion), …

  • US and World News

    Major U.S. banks threaten to leave Mark Carney’s climate alliance – FT

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    (Reuters) -Major Wall Street banks have threatened to leave United Nations climate envoy Mark Carney’s financial alliance over legal risks, the Financial Times reported on Wednesday, citing several people involved …

  • US and World News

    India’s air safety watchdog extends restriction on SpiceJet

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    BENGALURU (Reuters) – India’s air safety watchdog on Wednesday said it was extending a restriction on Indian budget carrier SpiceJet Ltd’s flight departures until Oct. 29. The airline will be …

  • US and World News

    India’s RBI announces 500 billion rupee overnight repo

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    The Reserve Bank of India will conduct an overnight variable rate repo auction for 500 billion Indian rupees ($6.25 billion) on Thursday, the central bank said. “On a review of …

  • US and World News

    Take-Two says hacker accessed 2K Games’ help desk

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    (Reuters) -Take-Two Interactive Software Inc said on Wednesday that a hacker had gained access to the help desk platform of its unit 2K Games and sent a malicious link to …

  • US and World News

    Amazon drives renewable energy push with 71 new projects

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    (Reuters) – Amazon.com Inc said on Wednesday it would add 2.7 gigawatts of clean energy capacity through several new projects as it seeks to use 100% renewable energy across its …

  • US and World News

    U.S. mortgage interest rates reach 6.25%, highest level since October 2008

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    (Reuters) – The average interest rate on the most popular U.S. home loan climbed to its highest level since October 2008, Mortgage Bankers Association (MBA) data showed on Wednesday. Rising …

  • US and World News

    Exclusive-Turkey sells battle-tested drones to UAE as regional rivals mend ties – sources

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    By Orhan Coskun ANKARA (Reuters) – Turkish defence firm Baykar has delivered 20 armed drones to the United Arab Emirates this month and could sell more, two Turkish sources said, …

  • US and World News

    All IAG’s airlines to post profit this year, CEO Gallego says

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    MADRID (Reuters) – All the airlines owned by International Airlines Consolidated Group will end this year with a profit, CEO Luis Gallego said on Wednesday. IAG, which owns British Airways, …

  • US and World News

    Apple may move a quarter of iPhone production to India by 2025 -JPM

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    (Reuters) – Apple Inc may make one out of four iPhones in India by 2025, J.P.Morgan analysts said on Wednesday, as the tech giant moves some production away from China, …

  • US and World News

    Sri Lanka inflation rate surges to 70.2% in August

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    By Uditha Jayasinghe (Reuters) – Consumer inflation in Sri Lanka accelerated to 70.2% in August, the statistics department said on Wednesday, as the island nation reels under its worst economic …

  • US and World News

    Cannabis platform LeafLink says it processed over $1 billion in transactions since 2016

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    (Reuters) – Wholesale cannabis platform LeafLink said on Wednesday its payments solutions processed over $1 billion in transactions since the company’s inception in March 2016. LeafLink is cannabis industry’s business-to-business …

  • US and World News

    Britain’s M&S raises staff pay for second time in 2022

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    LONDON (Reuters) -Marks & Spencer on Wednesday became the latest British retailer to again raise pay for store workers amid a cost-of-living crisis and a tight labour market. With Britain’s …

  • US and World News

    U.S. asks World Court to dismiss Iran’s claims over frozen assets

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    THE HAGUE (Reuters) – The United States on Wednesday asked judges at the International Court of Justice in The Hague to dismiss claims by Tehran that Washington illegally allowed courts …

  • US and World News

    U.S. Treasury official criticizes China’s ‘unconventional’ debt practices

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    By Andrea Shalal WASHINGTON (Reuters) – A top adviser to U.S. Treasury Secretary Janet Yellen warned on Tuesday that China’s foot-dragging on debt relief could burden dozens of low- and …

  • US and World News

    Disdain and defiance among Kyiv residents after Putin order

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    KYIV (Reuters) – Residents of the Ukrainian capital Kyiv dismissed on Wednesday Russian President Vladimir Putin’s callup of military reservists as a mark of desperation and expressed confidence in their …

  • US and World News

    Valero, Marathon top beneficiaries of U.S. emergency oil releases

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    By Arathy Somasekhar HOUSTON (Reuters) – Oil refiners Valero Energy Corp and Marathon Petroleum Corp are the biggest beneficiaries of the U.S. government’s oil reserve releases, taking nearly half the …

  • US and World News

    World leaders pledge more support for nature ahead of UN summit

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    By Gloria Dickie LONDON (Reuters) – World leaders on Tuesday stepped up financial support and conservation commitments to combat the global biodiversity crisis that threatens more than one million plant …

  • US and World News

    Trump ally sues U.S. Justice Department, demands return of seized cellphone

    by Reuters September 21, 2022
    by Reuters September 21, 2022

    By Eric Beech and Kanishka Singh (Reuters) -My Pillow Inc’s chief executive, Mike Lindell, an ally of former President Donald Trump, sued the U.S. Justice Department on Tuesday seeking the …

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