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
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With fresh firepower, brutal bank thieves blitz small-town Brazil
by Reutersby ReutersBy 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 …
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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 …
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(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 …
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Nomura appoints Willcox as head of wholesale division, Ashley steps down
by Reutersby Reuters(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 …
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UK short-dated gilt yields highest since 2008 ahead of BoE, Fed
by Reutersby ReutersLONDON (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 …
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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), …
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Major U.S. banks threaten to leave Mark Carney’s climate alliance – FT
by Reutersby Reuters(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 …
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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 …
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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 …
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(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 …
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(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 …
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U.S. mortgage interest rates reach 6.25%, highest level since October 2008
by Reutersby Reuters(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 …
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Exclusive-Turkey sells battle-tested drones to UAE as regional rivals mend ties – sources
by Reutersby ReutersBy 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, …
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All IAG’s airlines to post profit this year, CEO Gallego says
by Reutersby ReutersMADRID (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, …
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Apple may move a quarter of iPhone production to India by 2025 -JPM
by Reutersby Reuters(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, …
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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 …
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Cannabis platform LeafLink says it processed over $1 billion in transactions since 2016
by Reutersby Reuters(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 …
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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 …
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U.S. asks World Court to dismiss Iran’s claims over frozen assets
by Reutersby ReutersTHE 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 …
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U.S. Treasury official criticizes China’s ‘unconventional’ debt practices
by Reutersby ReutersBy 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 …
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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 …
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Valero, Marathon top beneficiaries of U.S. emergency oil releases
by Reutersby ReutersBy 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 …
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World leaders pledge more support for nature ahead of UN summit
by Reutersby ReutersBy 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 …
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Trump ally sues U.S. Justice Department, demands return of seized cellphone
by Reutersby ReutersBy 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 …