Canada's Drought-stricken British Columbia Bracing For Floods When Rains Return
The usually rainy western province has experienced weeks of record-breaking warm fall temperatures and minimal precipitation in central and southern regions.
IMF Meetings Marked By Push To End Ukraine War, Spain's Finance Minister Says
Spanish Finance Minister Nadia Calvino, elected in January to head the IMF's steering committee, hinted at a "tectonic shift" in the principles that have guided the global world order since the end of World War Two.
U.S. Extends COVID-19 Public Health Emergency Declaration
The extension was announced by US Health Secretary Xavier Becerra on Thursday. Last month, President Joe Biden said in an interview that "the pandemic is over," which prompted criticism from health experts.
IMF Urges Most Asian Central Banks To Tighten Policy Further
China and Japan are exceptions, where the economic recovery has been weaker, slack remains substantial and inflation has not risen as sharply as elsewhere, said Krishna Srinivasan, director of the IMF's Asia and Pacific Department.
N.Korea Fires Missile, Flies Warplanes Near Border As South Imposes Sanctions
South Korea's National Security Council (NSC) condemned the North for escalating tensions, calling its moves a violation of a 2018 bilateral military pact that bans "hostile acts" in the border area.
Analysis-Xi Faces Painful Gear Shift As China's Investment-led Growth Sputters
As Xi Jinping prepares to extend his tenure as China's leader at next week's Communist Party Congress, he faces once-in-a-generation economic challenges and decisions that will significantly shape the lives of the country's 1.4 billion people.
Elon Musk Is Under Federal Investigations, Twitter Says In Court Filing
While the filing said he was under investigations, it did not say what the exact focus of the probes was and which federal authorities are conducting them.
Dollar Holds Firm, Yen Hovers Around 32-year Low
The temporary fall in the dollar was partly driven by the sharp recovery in Wall Street stocks, Commonwealth Bank of Australia strategist Carol Kong said.
Asian Shares Track Wall Street Higher As Jitters Abound
Offshore, risk appetite is already softening, with U.S. S&P 500 futures sliding 0.1% while the Nasdaq futures falling 0.2%.
New Zealand To Assess Progress Vs Workplace Bullying In Parliament
A 2019 report uncovered systemic harmful behaviour in New Zealand's parliament, including by and between staff, managers, members of parliament, the media and the public.
Creditors Say Chad Does Not Need Debt Relief Now Given Oil Price Surge
Together with Ethiopia and Zambia, Chad was one of three initial countries to seek a debt restructuring under a G20 initiative, but progress has been glacial.
Wall St Futures Edge Higher Ahead Of Inflation Data
Wall Street futures ticked higher on Thursday, ahead of a closely watched U.S. inflation report that could offer clues on how successful the Federal Reserve has been in its battle against decades-high inflation.
Portugal's Charities Struggle To Cope With Homelessness Surge
Six months ago, Jose Moreno found himself without a roof over his head.
Turning To Garbage Dumps To Survive, Argentines Feel The Pain Of 100% Inflation
The South American country is set to post its sharpest rise in prices this year since a period of hyperinflation around 1990.
IKEA Reports Record Sales As Price Hikes Offset Weakening Consumer Confidence
Inter IKEA, franchiser for the world's biggest home furnishing brand, said sales at all IKEA stores and online grew 6.5% in the 12 months through August, or 3.5% measured in local currencies, to 44.6 billion euros ($43.3 billion).
German Business Chiefs Clash With Berlin Over China Policies
The Green Party, which runs the ministry, has long advocated taking a harder line on China and Habeck said last month that Germany would adopt a tougher approach on trade.
Seven Killed In Unrest In Iran's Kurdish Region, Rights Group Says
The deaths of several teenaged girls reportedly killed while demonstrating have becoming a rally cry for more protests.
Delta Misses Quarterly Profit Estimates, Sees No Letup In Travel Demand
Delta said Hurricane Ian, which led to mass flight cancellation last month, hurt earnings by three cents a share.
When The AI Goes Haywire, Bring On The Humans
AI can go awry in many ways. Most well known is that training data skewed along race or other lines can prompt unfairly biased predictions.
Supply Chain Snarls Loosen For U.S. Companies, But Plenty Of Problems Remain
Getting supplies of everything flowing more freely again is key for the U.S. Federal Reserve, which hopes that will help pull down inflation.
Analysis-As Markets Fret, Fed Officials Reject Idea Of Rising Financial Stability Risks
Financial conditions have undergone a rapid tightening this year and have plenty of room to get even more restrictive, new Bank of America data says.
Ousting Under-fire UK PM Truss Would Be 'Disastrously Bad Idea', Minister Says
The government has said it will stick to most of its tax cut plans while also protecting public spending, but economists and critics say something has to give.
General Headscarf Ban At Work Is OK, Europe's Top Court Says
The Luxembourg-based CJEU said there should not be any direct discrimination in such a ban.
'Stop The Steal' Supporters Train Thousands Of U.S. Poll Observers
Protesters had mobilized outside the clerk's office, holding signs with the signature "Stop the Steal" slogan of former President Donald Trump and demanding the county get rid of its voting machines.
European Power Use Falls, But Winter Targets Still A Stretch
Total consumption in Europe fell in September by 4.3% against the 2015-2021 average for the same time of year, according to Reuters calculations using ENTSOE's data.
Japan Coalition Party Seeks $13.6 Billion For Child Care In Stimulus Draft
Japanese policymakers have so far remained coy about the likely size of the planned stimulus spending, although some lawmakers have floated ball-park figures around 30 trillion yen.
OPEC+ Oil Supply Cuts Could Tip World Into Recession, IEA Says
The warning from the agency highlights a rift with Saudi Arabia, the world's top oil exporter and OPEC's de facto leader.
Germany, NATO Allies Aim To Jointly Procure Air Defence Systems
German defence company Diehl.Berlin this week delivered the first of four IRIS-T SLM systems to Ukraine but Germany's own Bundeswehr armed forces does itself not have the system in inventory.
Volatile Food Prices Led To India Cenbank Missing Inflation Forecasts - Economists
RBI's inflation projections in the MPR are based on its economic model but the extreme weather conditions have made food price volatility hard to predict, said economists.
Euro Zone Bond Yields Just Off Multi-year Highs Ahead Of U.S. Data
Euro zone borrowing costs edged lower on Thursday as investors paused for breath ahead of key U.S. economic data after driving government bond yields to fresh multi-year highs.