Articles by Reuters

The U.S. Supreme Court is set to hear arguments on Monday in two major cases involving Harvard University and the University of North Carolina.

Apple supplier Foxconn's COVID-19 woes at its vast iPhone manufacturing facility in China's Zhengzhou city could slash the site's November iPhone shipments by up to 30%, a source with direct knowledge of the matter said.

Mexico is making progress towards recovering its Category 1 aviation rating, but the U.S.

Grocery delivery app Instacart is likely to postpone its plans to go public in 2022 amid market uncertainty that has left investors worried about growing volatility in capital markets, two sources familiar with the plan told Reuters.

Marlboro maker Philip Morris International Inc. on Thursday raised its buyout offer for Swedish Match AB in a last-ditch effort to get shareholder support for its $16 billion move into the fast-growing market for alternatives to cigarettes.

A quartet of British fund managers said assets under management (AUM) dropped by $9.8 billion in aggregate in the three months to end-September, after a sharp sell-off in UK stocks and bonds in recent weeks compounded longer-held worries about a global slowdown.

The plan is intended to add enough supply to prevent oil price spikes that could hurt consumers and businesses, while also assuring the nation's drillers the government will swoop into the market as a buyer if prices plunge too low.

New York City police on Sunday asked the public to help identify a suspect who shoved a subway rider in front of an oncoming train this weekend, the latest attack in the largest U.S.

U.S. retail sales were unexpectedly flat in September as households cut back on purchases of big-ticket items amid stubbornly high inflation and rapidly rising interest rates.

Singapore tightened monetary policy as expected for the fourth time this year to combat inflation running near a 14-year high, and left the door open for further policy action as it warned of risks to the growth and price outlook.

England's National Health Service has drafted new guidelines for treating transgender youth that would call for local authorities to be alerted in some cases where young people have obtained puberty blockers and hormone therapies on the private market, according to a copy of the guidelines reviewed by Reuters.

Airbus and Qatar Airways return to court on Friday as a contractual and safety dispute over A350 passenger jets descends into a tug-of-war over confidential documents while the sums at stake in their unprecedented falling-out top $1.5 billion.

British finance minister Kwasi Kwarteng cut short his trip to Washington to return early to London on Friday, where pressure is mounting for the new government to scrap an economic policy that unleashed turmoil on financial markets.

Germany's giant carmakers may have secured their own energy supplies but thousands of small suppliers faced with a squeeze from soaring bills risk upsetting production through the winter.

Japan's solo battle against an overvalued U.S. dollar may feel a little lonelier after it met G7 finance chiefs in Washington this week - and possible yearend market ructions may see its allies regret that.

Chinese real estate developers are delaying their debt restructuring moves until after the upcoming Communist Party Congress, hoping the crucial gathering offers clues on how Beijing plans to stabilise the embattled sector.

The European Central Bank is considering entering the maelstrom of volatile world markets to start winding down its massive bond holdings - just as governments scale up spending to respond to an energy crisis likely to induce a recession.

Indian consumers are lapping up everything from cars, houses and television sets to travel and jewellery in the festive season that began last month

Oil prices reversed earlier losses and inched up in Asian trade on Friday, supported by a weaker U.S.

The dollar took a breather on Friday after a volatile overnight session as red-hot U.S.

Asian shares tracked Wall Street higher on Friday, although gains could quickly unwind as investors grapple with the reality that surging U.S.

Elon Musk is being investigated by federal authorities over his conduct in his $44 billion takeover deal for Twitter Inc, the social media company said in a court filing released on Thursday.

American businessman Brody Shores' furniture business in China grew on a model that leaned heavily on the promise of an enduring property boom and homebuyers desperate for fully furnished new apartments.

Actor Cuba Gooding Jr. pleaded guilty on Thursday to a single count of harassment under an agreement with prosecutors sparing him any jail time while disposing of a criminal case that stemmed from allegations by several women of sexual misconduct.

The U.S. Supreme Court on Thursday turned down Novartis' bid to block the launch of generic versions of the company's blockbuster multiple sclerosis drug Gilenya in a dispute with China's HEC Pharm Co Ltd and other generic drugmakers.

Venezuelan migrants stranded on the U.S.-Mexico border on Thursday worried they might never reach the United States after a bilateral deal this week sought to put a lid on a recent sharp increase in crossings by the South Americans.

Chad's creditors on Thursday said they had agreed that the African country did not need debt relief at the moment given a surge in oil prices, but committed to reconvene if a financing gap was identified.

Chinese consumers are typically known for lavish spending on high-end handbags, clothes and accessories that sustain Western luxury brands.

International Monetary Fund members are calling more strongly for an end to the war in Ukraine, which is having a sharply negative impact on global economic growth, Spanish Finance Minister Nadia Calvino told Reuters on Thursday.

The congressional committee investigating the Jan.