Today: September 20, 2024
Today: September 20, 2024

Latest From Reuters

Business|Finance

No-frills US carrier Frontier hikes margin forecast on moderating capacity growth

Frontier expects its third-quarter margins to improve compared to its prior forecast as capacity cuts offset the impact of moderating domestic travel demand, the no-frills U.S. carrier said

No-frills US carrier Frontier hikes margin forecast on moderating capacity growth
Economy|Finance|News

Small Aug CPI rise seen sealing 25 bp cut next week

U.S. consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut

Small Aug CPI rise seen sealing 25 bp cut next week
Business|Economy|Europe

German union ready to strike as industrial sector pay talks start

Germany's largest industrial union, IG Metall, demanded a pay rise of 7% for almost four million workers in the country's auto, electrical and metal industries as collective

German union ready to strike as industrial sector pay talks start
Asia|Celebrity|Crime

Philippines police say 'alarming details' uncovered in new allegations against celebrity preacher

Police in the Philippines said on Wednesday more people had come forward alleging sexual abuse by celebrity pastor Apollo Quiboloy, pointing to what they called an alarming pattern

Philippines police say 'alarming details' uncovered in new allegations against celebrity preacher
News|World

Russian strategic bomber planes overfly Barents and Norwegian seas, RIA says

Russian Tu-160 strategic bomber planes flew over the Barents and Norwegian seas as part of a major naval exercise, the state-run RIA news agency quoted the defence ministry as

Russian strategic bomber planes overfly Barents and Norwegian seas, RIA says
Business|Europe|Finance

UniCredit CEO approaches Commerzbank to explore merger talks, source says

UniCredit CEO Andrea Orcel approached German lender Commerzbank's management earlier on Wednesday inviting the bank to explore merger talks, a source with knowledge of the matter

UniCredit CEO approaches Commerzbank to explore merger talks, source says
MidEast|News|World

Tehran has not delivered missiles to Russia, foreign minister says

Iran's foreign minister said on Wednesday that Tehran had not delivered any ballistic missiles to Russia and sanctions imposed on Iran by the United States and three European powers

Tehran has not delivered missiles to Russia, foreign minister says
Business|Environment|Technology

Emissions-free truck prices need to drop by 50% to compete with diesel, study says

Prices of emissions-free trucks need to fall by as much as half to make them an affordable alternative to diesel models, a study by consultancy firm McKinsey published on

Emissions-free truck prices need to drop by 50% to compete with diesel, study says
Business|Finance|Stock Markets

Meme stock GameStop slumps as revenue drop fans turnaround doubts

Shares of GameStop, a widely watched meme stock, tumbled 10% in premarket trading on Wednesday after the video game retailer reported a bigger drop in quarterly revenue, questioning its

Meme stock GameStop slumps as revenue drop fans turnaround doubts
Crime|Europe|News|Political

Britain orders public inquiry into 1989 murder of Northern Irish rights lawyer

Britain announced on Wednesday a public inquiry into the 1989 murder in Northern Ireland of human rights lawyer Pat Finucane, whose death remains a lightning rod

Economy|Finance

US inflation trending lower, but some stickiness remains

U.S. consumer prices rose slightly in August, but underlying inflation showed some stickiness amid higher costs for housing and other services, further dashing

US inflation trending lower, but some stickiness remains
Business|Finance

Dollarama beats quarterly profit view on lower costs, stable demand

Dollarama beat second-quarter profit estimates on Wednesday, helped by lower costs and stable demand for low-priced essentials like groceries.

Dollarama beats quarterly profit view on lower costs, stable demand
Business|Finance|Sports

Manchester Utd vows to improve on and off pitch after fifth year of losses

Manchester United's new chief said on Wednesday the club was working towards improving performance on and off the pitch after a fifth consecutive

Manchester Utd vows to improve on and off pitch after fifth year of losses
Americas|News|Political|World

Biden, Harris seek 'full accountability' after killing of US citizen in West Bank

President Joe Biden and Vice President Kamala Harris on Wednesday called the Israeli military's killing of an American activist in the Israeli-

Biden, Harris seek 'full accountability' after killing of US citizen in West Bank
Business|Finance

China to issue broad measures to improve insurance sector, prevent risks

China's state council on Wednesday said it will issue concrete guidelines to strengthen supervision and prevent risks in the country's insurance industry, according to a statement.

China to issue broad measures to improve insurance sector, prevent risks
Business|Europe|Finance

UBS vows to uphold loan volumes in Switzerland of more than $400 billion

UBS will continue to provide around 350 billion Swiss francs ($414 billion) of loans to its home market, a senior executive at the Swiss bank said on Wednesday, countering

UBS vows to uphold loan volumes in Switzerland of more than $400 billion
Americas|News|World

Mexican Senate gives final approval for judicial reform

Mexico's Senate gave final approval on Wednesday to a sweeping reform that will reshape the country's judiciary system by electing judges by popular vote, cementing a victory

Mexican Senate gives final approval for judicial reform
News|World

US diplomatic facility in Baghdad attacked, no casualties, embassy spokesperson says

The U.S. Diplomatic Services Compound in Baghdad was attacked late on Tuesday but no casualties were reported, the embassy spokesperson said in a statement on Wednesday.

Americas|News|World

U.S diplomatic facility attacked in Baghdad, no casualties, embassy says

A United States diplomatic facility in Baghdad came under attack late on Tuesday but there are no reports of casualties and a damage assessment is underway, a U.S. embassy

Europe|News|Political|World

Kremlin warns of escalation if US allows Kyiv to hit Russia with long-range missiles

The Kremlin told the West on Wednesday that any decision to allow Ukraine to strike Russia with long-range Western missiles would deepen what it

Kremlin warns of escalation if US allows Kyiv to hit Russia with long-range missiles
Americas|Economy|Election|Finance|Stock Markets

Crypto stocks fall as bets on Harris win rise after debate, Swift support

U.S. cryptocurrency shares fell in early trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival and crypto supporter Donald Trump on the

Crypto stocks fall as bets on Harris win rise after debate, Swift support
Election|News|Political

Kremlin says Trump and Harris should leave Putin out of their fight

The Kremlin said on Wednesday it did not like the way Vladimir Putin's name was bandied around in the U.S. presidential debate between Kamala Harris and Donald Trump, and urged the

Kremlin says Trump and Harris should leave Putin out of their fight
Election|Finance|Stock Markets

Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cut

All three major U.S. stock indexes closed higher on Wednesday with a boost from the technology sector offsetting investor disappointment at an early

Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cut
Economy|Europe|News|World

UK slaps sanctions on 10 more vessels from Russia's 'shadow fleet'

Britain has slapped sanctions on 10 further ships in Russia's so-called "shadow fleet" of vessels which it says use illicit practices to avoid Western restrictions on Russian oil.

Europe|News|World

Russian oligarchs and financial firm lose court challenge against EU sanctions

Two Russian oligarchs and the country's National Settlement Depository company on Wednesday lost legal challenges against European Union sanctions imposed on

Russian oligarchs and financial firm lose court challenge against EU sanctions

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