FBI Says U.S. Murders Rose In 2021, But Data Is Incomplete
The number of murders reported in the United States rose last year, the FBI said on Wednesday, but it warned that a change in its data collection methods meant that its tally excluded the nation's two largest cities, New York and Los Angeles.
U.S. Private Payrolls Rise In September; Trade Deficit Narrows Sharply
U.S. private employers stepped up hiring in September, suggesting demand for workers remains strong despite rising interest rates and tighter financial conditions.
MENA To Grow At 5.5%, Fastest Since 2016 As Oil Boosts Gulf - World Bank
The Middle East and North Africa region is expected to post economic growth of 5.5% in 2022, the fastest pace since 2016, before slowing to 3.5% growth next year, the World Bank said on Wednesday.
Denmark's PM Calls Election, Seeks Broad Coalition Amid Security Tensions
Denmark's centre-left Prime Minister Mette Frederiksen on Wednesday called a general election for Nov.
Egypt Calls For Return Of Rosetta Stone 200 Years After It Was Deciphered
Prominent Egyptian archaeologists have renewed a call for the return of the Rosetta Stone from the British Museum to Egypt, 200 years after the deciphering of the slab unlocked the secrets of hieroglyphic script and marked the birth of Egyptology.
As EV Sales Grow, Battle Over Road Weight Limits Heats Up
Car haulers are pushing the Biden administration and lawmakers to increase truck weight limits on U.S.
Nobel Prize Goes To Pioneers Of Lego-like "click Chemistry"
Scientists Carolyn Bertozzi, Morten Meldal and Barry Sharpless won the 2022 Nobel Prize in Chemistry on Wednesday for discovering reactions that let molecules snap together to create new compounds and that offer insight into cell biology.
Wall Street Set To Decline As Rally In Growth Stocks Falter
Wall Street was set to open lower on Wednesday due to weakness in megacap growth and technology stocks as Treasury yields rose, spurred by data that showed a resilient demand for labor despite rising interest rates.
IMF Says Wage-price Spirals Are Rare, But Rate Hikes Needed To Quell Inflation Expectations
New research by the International Monetary Fund shows that sustained wage-price spirals are historically rare, and recent sharp interest rate hikes by central banks are likely to help prevent high inflation expectations from becoming entrenched.
Europe's Gas Crisis Set To Deepen After Winter Drains Reserves
Europe may limp through the cold winter months with the help of brimming natural gas tanks despite a plunge in deliveries from former top supplier Russia only to enter a deeper energy crisis next year, the head of the International Energy Agency said.
Global Bond Funds See Biggest Outflows In Two Decades
Global bond funds saw the biggest outflows in two decades in the first three quarters of this year as hefty interest rate increases by central banks to tame inflation sparked fears of a recession.
UK Business Activity Slides In September By Most Since Early 2021
Britain's private-sector economy last month suffered the sharpest contraction in activity since a COVID lockdown early last year, underlining the challenge facing Prime Minister Liz Truss who on Wednesday emphasised her push for economic growth.
Border Fear, And Then Relief, For Men Fleeing Russia
For the men leaving Russia after vast journeys across the world's biggest country, there is now often a final ordeal: visceral fear at the border followed by a rush of relief for those who reach the other side.
Bank Of Spain Cuts 2023 Growth Forecast To 1.4%, Lifts 2022 Forecast
The Bank of Spain on Wednesday significantly cut its GDP growth forecast for next year due to the impact of higher energy prices in Europe and lower consumer spending.
Tesco Lowers Profit Sights As British Shoppers Face Winter Crunch
Tesco, Britain's biggest retailer, forecast full-year profit at the lower end of its previous guidance, blaming uncertainty over how consumer spending will evolve amid a worsening cost-of-living squeeze.
Japan To Curb Electricity Costs Amid Weak Yen, Recession Risks, PM Says
Japan will take "unprecedented" measures to curb rising electricity bills for households and businesses as a weak yen fans inflation and global recession fears pose big risks to the economy, Prime Minister Fumio Kishida told parliament on Wednesday.
Kremlin Says Annexation And Retreat Are Not A Contradiction Amid Ukrainian Successes
As President Vladimir Putin completed paperwork for the annexation of four regions of Ukraine on Wednesday, the Kremlin said there was no contradiction between Russian retreats and Putin's vow that they would always be part of Russia.
MENA Emerges As World's Fastest-growing Crypto Adopter -study
The Middle East and North Africa are the world's fastest-growing cryptocurrency markets, with the volume of crypto received in the region jumping 48% in the year to June, blockchain researcher Chainalysis said in a report on Wednesday.
Fed's Delayed Inflation Fight Sparks Fears Of A Policy Overcorrection
Faced with mounting evidence that loose U.S. monetary policy contributed to the breakout of inflation last year, the Federal Reserve now faces the risk it jumped too far the other way with its plans to fight price pressures through continued aggressive interest rate hikes even as the world economy wobbles.
Iran Summons British Envoy, Alleging UK Meddling In Unrest
Iran summoned Britain's ambassador for the second time since nationwide protests erupted last month, Iranian media reported on Wednesday, stepping up accusations of Western meddling in ongoing unrest sparked by a woman's death in police custody.
Oil Maintains Most Of Recent Gains Ahead Of OPEC+ Meeting
Oil inched lower on Wednesday after gains in recent days as OPEC+ producers looked set to agree deep output target cuts later in the day despite a tight market.
U.S. To Give Ukraine More Rocket Launchers, Biden Tells Zelenskiy
U.S. President Joe Biden promised a new $625-million security assistance package to Ukraine on Tuesday, prompting a warning from Moscow that such a move risked a direct military clash between Russia and the West.
Republicans Have Edge On Crime, Immigration Ahead Of U.S. Midterms: Reuters/Ipsos Poll
U.S. voters prefer Republicans over Democrats for solving immigration and crime problems, suggesting the Republican emphasis on border security and fighting crime could help it in the Nov.
U.S. Steps Away From Flagship Lithium Project With Berkshire
In a February meeting with mining executives, President Joe Biden laid out an aggressive goal for the United States to produce more of its own minerals for the electric vehicle revolution in ways that respected the environment.
Euro Zone Bond Yields Rise, Focus On Economic Data
Euro zone government bond yields edged higher but stayed significantly below their multi-year highs as concerns about systemic risk and economic slowdown drove investors to lower bets on terminal rates.
Lebanese Lawmaker Enters Bank Branch To Demand Frozen Savings
A Lebanese member of parliament entered a branch of Byblos Bank north of Beirut on Wednesday with a group of associates to demand access to her frozen savings to pay for surgery.
As Asia's Borrowers Turn Homeward, Local Bond Issuance Surges
Asian issuance of bonds denominated in local currencies have ballooned to their largest in more than a decade as borrowers turn shy of expensive U.S.
Engine Parts Makers Must Cross 'Valley Of Death' To Reach EV Era
Auto engine parts makers eyeing the promising electric-vehicle market are dealing with a severe case of delayed gratification.
SWIFT Sets Out Blueprint For Central Bank Digital Currency Network
Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies.
Major U.N. Powers Question Pacific Islanders' Call For Nuclear Legacy Help
Nuclear powers have criticized an effort led by the Marshall Islands at the United Nations to seek help on dealing with the consequences of nuclear testing, sources following the talks involving countries including the United States, Britain, Russia, India and China told Reuters.