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US and World News

  • US and World News

    Tesla completes production capacity expansion at Shanghai plant – Shanghai govt

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    SHANGHAI (Reuters) – Tesla completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies’ environmental information …

  • US and World News

    Unilever violating merger deal over Israel sale – Ben & Jerry’s founders on MSNBC

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    (Reuters) – The founders of ice cream maker Ben & Jerry’s said on MSNBC on Sunday that parent Unilever PLC is in violation of the 2000 merger deal over its …

  • US and World News

    Daimler Truck CEO says output could have been higher by ‘five-digit figure’ without supply chain problems

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    HANNOVER, Germany (Reuters) – Daimler Truck’s deliveries could have been higher by a “five-digit figure” in 2021 and 2022 if it had not faced supply chain problems, its chief executive …

  • US and World News

    Morgan Stanley’s Southeast Asia M&A chief to head Raine’s Southeast Asia coverage-sources

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    SINGAPORE (Reuters) – U.S. investment bank Raine Group has tapped Jonathan Pflug, Morgan Stanley’s head of Southeast Asia M&A, to lead its coverage in Southeast Asia, two sources familiar with …

  • US and World News

    McKesson to buy pharma tech firm Rx Savings for up to $875 million

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    (Reuters) -Drug distributor McKesson Corporation said on Monday it would acquire private pharma technology firm Rx Savings Solutions for up to $875 million. The company helps health insurers and employers …

  • US and World News

    Queen’s final resting place is a small chapel in historic Windsor Castle

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    WINDSOR, England (Reuters) – At the end of a state funeral watched by millions of people the world over, Queen Elizabeth was being brought home to her beloved Windsor Castle …

  • US and World News

    U.S. traffic deaths in first half of 2022 hit 16-year high

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By David Shepardson WASHINGTON (Reuters) -U.S. traffic deaths rose 0.5% in the first half of 2022 to 20,175, the highest number killed in the period since 2006, according to an …

  • US and World News

    Freed American stable after prisoner exchange with Taliban -official

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    WASHINGTON (Reuters) – American engineer Mark Frerichs appears to be in stable condition after his release on Monday in exchange for an Afghan tribal leader, a senior Biden administration official …

  • US and World News

    Biden says U.S. forces would defend Taiwan in the event of a Chinese invasion

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By David Brunnstrom and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden said U.S forces would defend Taiwan in the event of a Chinese invasion, his most explicit statement on …

  • US and World News

    IMF staff back $4 billion tranche for Argentina, praise ‘decisive’ steps

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    BUENOS AIRES (Reuters) – The International Monetary Fund (IMF) has reached a staff-level agreement on Argentina’s $44 billion extended fund facility arrangement, which should unlock nearly $4 billion in funds …

  • US and World News

    Focus is on American released from Afghanistan’s re-entry, Biden says

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    WASHINGTON (Reuters) – Mark Frerichs, an American engineer released from Afghanistan in a prisoner swap on Monday, should have a healthy, safe return to the United States, U.S. President Joe …

  • US and World News

    Typhoon batters western Japan with record rain, killing two

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Kevin Buckland and Kiyoshi Takenaka TOKYO (Reuters) -Typhoon Nanmadol, one of the biggest storms to hit Japan in years, killed at least two people and brought ferocious winds and …

  • US and World News

    ‘In loving and devoted memory’: King Charles handwritten note to late queen

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    LONDON (Reuters) – Britain’s King Charles paid tribute to his late mother Queen Elizabeth on Monday with a handwritten note laid on top of her coffin reading: “In loving and …

  • US and World News

    Bread prices jump by nearly a fifth in EU, Eurostat says as war in Ukraine weighs

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    (Reuters) – The price of bread rose by almost a fifth in the European Union in August as Russia’s invasion of Ukraine, both major exporters of grains and fertilisers, continued …

  • US and World News

    BIS backs “forceful” rate hikes despite rising recession risk

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Marc Jones LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), has urged major economies to forge ahead with forceful interest rate hikes …

  • US and World News

    Hot core: Canada may need a recession to cool down inflation

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Julie Gordon and Fergal Smith OTTAWA (Reuters) -The underlying pressures driving inflation in Canada are likely to peak in the fourth quarter of this year, economists told Reuters, though …

  • US and World News

    Tesla’s German battery plant and land extension on track – mayor

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    BERLIN (Reuters) – Tesla has confirmed to the mayor of Gruenheide that its plans to operate the battery plant currently under construction in Germany are unchanged, mayor Arne Cristiani told …

  • US and World News

    Hurricane Fiona to bring flooding to eastern Dominican Republic

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    (Reuters) -Hurricane Fiona was expected to bring life-threatening flash and urban flooding to parts of the Dominican Republic after making landfall near Boca de Yuma at 3:30 a.m. AST, the …

  • US and World News

    Exclusive-India’s top lender asks exporters to trade with Bangladesh in rupee, taka

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Nidhi Verma and Nupur Anand New Delhi (Reuters) – Top lender State Bank of India has asked exporters to avoid settling deals with Bangladesh in the dollar and other …

  • US and World News

    Queen Elizabeth’s coffin starts journey to final resting place

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    By Michael Holden, Kate Holton and Andrew MacAskill LONDON (Reuters) -King Charles, his sons William and Harry and other senior royals joined a solemn procession https://www.reuters.com/world/uk/royals-emotions-queen-show-through-ceremonial-pageantry-2022-09-19/ behind Queen Elizabeth’s coffin …

  • US and World News

    Mercedes-Benz to build wind farm in northwestern Germany, examining solar options

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    BERLIN (Reuters) – Mercedes-Benz is planning to build a wind farm in the northwestern German state of Lower Saxony, by 2025 that is able to produce a hundred megawatts of …

  • US and World News

    Norway to hike rates by 50 basis points this week – Reuters poll

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    OSLO (Reuters) – Norway’s central bank is expected to raise its benchmark interest rate again this week and signal a continued rise in the cost of borrowing in the fourth …

  • US and World News

    China to accelerate projects, boost consumption to spur recovery

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    BEIJING (Reuters) -China will speed up fund injections to expedite project construction and boost domestic consumption, China’s state planner said on Monday, even after the economy showed signs of renewed …

  • US and World News

    Further interest rate hikes will depend on data, ECB’s de Guindos says

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    MADRID (Reuters) -The exact number of further interest rate increases by the European Central Bank will depend on upcoming macroeconomic data, ECB Vice-president Luis de Guindos said on Monday. Earlier …

  • US and World News

    Bitcoin falls below $19,000 as cryptos creak under rate hike risk

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    SINGAPORE (Reuters) – Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world. …

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