Reuters

Japan's imports jumped to a record amount in July, boosted by global fuel inflation and a weak yen, outweighing exports and deepening the trade deficit, in a sign of a further worsening in the terms of trade for the export-oriented economy.

Major currencies were holding steady on Wednesday, ahead of another day when central bank policy takes centre stage for traders with a Reserve Bank of New Zealand meeting and the Federal Reserve's minutes from its recent meeting both due.

Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in U.S.

North Korea and the Russian-backed separatist Donetsk region of Ukraine will develop "equally beneficial bilateral cooperation", Donetsk leader Denis Pushilin said in a letter to Kim Jong Un, North Korean state media reported on Wednesday.

The U.S. and Mexican governments have resolved a labor dispute at a Mexican unit of Stellantis, officials said on Tuesday, marking the latest blow by a recent trade pact against entrenched unions seen as cozy with management.

Japanese manufacturers' business confidence improved in August after last month's stall, while service-sector firms' mood rose for a second month to the highest point in nearly three years, the Reuters Tankan poll showed.

The plaintiff in the first lawsuit over the heartburn drug Zantac scheduled to go to trial has agreed to drop his case, according to his attorney and drugmakers named as defendants.

Cloud and data centers, the chip industry's strongest sector, may be its next problem: Signs are showing growth could slow in what has been a pillar during the COVID era as consumers signed up for cloud-based entertainment and companies retooled their offices.

NASA's gigantic Space Launch System moon rocket, topped with an uncrewed astronaut capsule, is set to begin an hours-long crawl to its launchpad Tuesday night ahead of the behemoth's debut test flight later this month.

The two candidates battling to be Britain's next prime minister vied to present themselves as defenders of Scotland's place in the United Kingdom on Tuesday, promising more scrutiny of Scotland's government to undermine a new push for independence.

Amazon.com Inc confirmed that the Federal Trade Commission (FTC) has been investigating sign-up and cancellation processes for its Prime program since March 2021

President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the biggest climate package in U.S.

U.S. President Joe Biden's emergency board tasked with helping major freight railroads and unions end a contract negotiation stalemate delivered its recommendations on Tuesday, a White House official told Reuters.

Far-right President Jair Bolsonaro and his leftist front-running challenger Luiz Inacio Lula da Silva formally launched their campaigns on Tuesday for Brazil's most polarized elections in decades in October.

Brazil Potash, the Canadian firm planning to build Latin America's largest potash mine in the Amazon rainforest, is willing to employ local Mura indigenous people as it seeks their backing for the sensitive project, the company said in an interview on Monday.

The U.S. Federal Reserve on Tuesday issued additional guidance for banks considering activities involving cryptocurrencies, emphasizing that firms must notify the Fed beforehand and make sure whatever they do is legally permitted.

Procter & Gamble Co will take steps aimed at reducing potential harm to forests from its purchases of wood pulp for toilet paper and other consumer goods, after being pressured by environmentalists and investors for more sweeping changes.

Canadian inflation may have peaked, but it remains far too high, Bank of Canada Governor Tiff Macklem said in a newspaper op-ed on Tuesday, after official data showed annual price increases eased to 7.6% in July from 8.1% in June.

U.S. first lady Jill Biden tested positive for COVID-19 and is experiencing mild symptoms, the White House said on Tuesday, adding that President Joe Biden has continued to test negative after recently recovering from the virus.

Buoyed by a string of legislative victories, Democrats and their allies are throwing money at key congressional races hoping to overcome President Joe Biden's poor approval ratings, high inflation and historical precedent in the November midterm elections.

American Airlines Group Inc on Tuesday agreed to buy up to 20 jets from aircraft maker Boom Supersonic, becoming the second major U.S.

With President Joe Biden expected to sign a long-negotiated climate spending bill later on Tuesday, environmental groups are turning their focus to their next fight - halting efforts to fast-track permitting for major infrastructure projects like pipelines and highways.

Brazil's trade surplus this year is likely to fall short of prior forecasts, according to private economists and an Economy Ministry official, as a spike in the cost of imported fuel and fertilizer offsets strong exports of other raw materials.

Cuba plans to allow some foreign investment in local wholesale and retail trade for the first time since Fidel Castro's 1959 revolution, the government said late on Monday, in a bid to dig out of the island nation's worst economic crisis in decades.

The "superminister" tasked with rescuing Argentina's crisis-racked economy needs cash now, and so just days into the job he has launched a charm offensive to win over farm industry titans to access crucial debt forgiveness ahead of a looming deadline.

Britain recorded its biggest rise in foreign workers since the start of the COVID-19 pandemic in the year to June, driven overwhelmingly by workers from outside the European Union, official figures showed on Tuesday.

The mining industry in Chile, the world's largest copper producer, on Tuesday called on the government to take action to stop an "escalation of crime" that has hit operations in the country's far north.

Federal law enforcement agents raided a Miami-area pharmacy on Tuesday after investigators uncovered evidence the establishment might be operating the largest opioid pill mill in Florida, according to a source familiar with the investigation.

Investors are still bearish but no longer "apocalyptically" so, according to Bank of America's (BofA) monthly survey of global fund managers in August, as hopes rise inflation and interest rates shocks will end in the coming quarters.