Today: November 14, 2024
Today: November 14, 2024

Latest From Reuters

Business|Economy|Finance|Stock Markets|Technology

Rivian shares surge on $5.8 billion Volkswagen investment in JV

Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.

Rivian shares surge on $5.8 billion Volkswagen investment in JV
Asia|Business|Finance

Malaysia challenges late sultan's heirs to try to lease part of the country

Malaysia's law minister on Wednesday challenged a former sultan's heirs who lost a legal bid to obtain nearly $15 billion from the government over a land dispute to try

Malaysia challenges late sultan's heirs to try to lease part of the country
Business|Europe

Yacht maker Ferretti cuts full-year guidance pending confirmation of US orders

Italian luxury yacht maker Ferretti on Wednesday reduced its full-year guidance for adjusted core profit (EBITDA) and revenue pending confirmation of U.S. orders for yachts in its "

Yacht maker Ferretti cuts full-year guidance pending confirmation of US orders
Americas|Business|Economy|Finance

Brazil's service sector hits fresh record high in September

Services activity in Brazil grew more than expected in September and hit a record high, a sign of economic strength that comes after the central bank kicked off a monetary

Brazil's service sector hits fresh record high in September
Business|Finance|Food|Stock Markets

Cava surges after annual sales forecast raise on steak, pita chips demand

Restaurant chain Cava touched a fresh record high as its shares rose more than 16% at $167.50 in early trading on Wednesday, after it surpassed quarterly earnings

Cava surges after annual sales forecast raise on steak, pita chips demand
Business|US

Deadly Kentucky factory explosion under investigation

An investigation was underway in Kentucky on Wednesday into what caused an explosion that leveled a Louisville factory, killing two people and injuring several others.

Deadly Kentucky factory explosion under investigation
Business|Economy|Finance|Stock Markets

Canada's Loblaw misses quarterly revenue estimates on weak demand for household items

Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates on Wednesday, hurt by a slowdown in the demand for its non-essential goods such as household items and

Canada's Loblaw misses quarterly revenue estimates on weak demand for household items
Asia|Business|Economy

Japan considering restarting electricity, gas price subsidies from January, NHK reports

Japan's government is considering restarting subsidies for electricity and gas prices from January next year, and continuing them until March in response to high fuel costs, public

Japan considering restarting electricity, gas price subsidies from January, NHK reports
Business|Economy|Finance|Stock Markets|US

Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact

The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with

Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
Business|Technology|US

Tesla recalls 2,400 Cybertrucks, 6th callback for the pickups this year

Tesla said on Wednesday it was recalling 2,400 Cybertruck pickups in the U.S. because a faulty part could lead to a loss of power and increase the risk of a

Tesla recalls 2,400 Cybertrucks, 6th callback for the pickups this year
Business|US

GM to recall more than 461,000 vehicles over transmission issues, NHTSA says

General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday.

GM to recall more than 461,000 vehicles over transmission issues, NHTSA says
Asia|Crime|Election|World

Kyrgyzstan makes arrests over suspected coup attempt ahead of local elections

Police in the Central Asian nation of Kyrgyzstan have arrested and charged seven people on suspicion of organising mass riots to overthrow the government ahead of local elections

Business|Economy|Finance|Stock Markets

All eyes on CPI

A look at the day ahead in U.S. and global markets by markets correspondent Naomi Rovnick. The ghosts of inflation past, present and future are haunting global markets on Wednesday as the U.S.

All eyes on CPI
Economy|Europe|Finance

ECB wants banks to better manage private equity risk

Euro zone lenders may not have a full understanding of their exposure to the quickly growing private credit and equity markets, so bank supervisors plan to outline new risk

ECB wants banks to better manage private equity risk
Europe|World

Ukraine cannot trademark anti-Russian insult, EU court says

Ukraine's border guard force cannot register a trademark in the European Union on its wartime insult "Russian warship, go fuck yourself"

Ukraine cannot trademark anti-Russian insult, EU court says
Asia|Crime|Opinion|Political|World

India's top court denounces demolitions of illegal properties, issues guidelines

India's Supreme Court on Wednesday strongly criticised states which were demolishing properties of suspected criminals, a practise critics say targets mostly minority Muslims, and

India's top court denounces demolitions of illegal properties, issues guidelines
Economy|Finance

Retail boss calls for UK tax rises to be staggered to avoid stoking inflation

The new Labour government must re-think the timing of tax rises imposed in last month's budget and instead phase them in if it wants to avoid fuelling inflation, the chairman of the

Retail boss calls for UK tax rises to be staggered to avoid stoking inflation
Asia|Business|Economy|Finance|World

Japan and UK ministers to cooperate in face of US tariff concerns, Nikkei reports

Japan and Britain are planning to establish a framework between their foreign and trade ministers on economic and trade matters, the Nikkei business daily reported on Wednesday.

US

Jack Smith plans to step down as special counsel before Trump takes office, NYT reports

U.S.

Jack Smith plans to step down as special counsel before Trump takes office, NYT reports
MidEast|US|World

US wants extended pauses in fighting in Gaza, Blinken says

U.S.

US wants extended pauses in fighting in Gaza, Blinken says
Asia|Business|Economy|Europe|Political|US|World

South Korea says North Korean soldiers are fighting Ukraine forces

North Korean soldiers have engaged in combat operations against Ukraine alongside their Russian allies, South Korea's spy agency said on Wednesday.

Economy|Europe|Finance

Bank of England's Mann sees inflation pressure keeping rates high

High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest

Bank of England's Mann sees inflation pressure keeping rates high
Business|Economy|Finance

China unveils tax incentives to revive struggling property sector

China unveiled tax incentives on home and land transactions on Wednesday, aiming to support the crisis-hit property market by increasing demand and easing developers' financial

China unveils tax incentives to revive struggling property sector
Economy|US|World

Bundesbank's Nagel: Trump tariffs could cost Germany 1% in economic output

New tariffs planned by U.S.

Bundesbank's Nagel: Trump tariffs could cost Germany 1% in economic output
Business|Economy|US

Taiwan central bank sees peril in Trump tariffs

Taiwan's central bank warned on Wednesday that it sees peril in the proposed trade policies of the incoming administration of U.S. President-elect Donald Trump.

Taiwan central bank sees peril in Trump tariffs

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