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Reuters

5355 Articles

Reuters delivers trusted and compelling news in real-time, so you can keep your audiences accurately informed and engaged on topics important to them.

With the largest network of global journalists and the highest daily output of news content compared with any other new agency, only Reuters can give you the power to tell stories, in every format, live, first, and fast.

South Korea investigators to request extension to Yoon's detention soon

SEOUL, Jan 17 (Reuters) - South Korean investigators are almost ready to file a request to a Seoul court to extend the detention of impeached President Yoon Suk Yeol, the country's corruption investigation office said on Friday. Yoon's arrest is due to expire by Friday evening, an official at Corrup

US appeals court lifts pause on generic version of Novartis' Entresto

WASHINGTON, Jan 16 - Drugmaker MSN Pharmaceuticals cleared another hurdle on Thursday toward launching its generic version of Novartis' NOVN.S blockbuster heart-failure drug Entresto after a U.S. appeals court ended a temporary pause on MSN's launch.

UPDATE 10-Oil settles lower on expected halt to Houthi shipping attacks

Maritime security officials expect halt to Houthi shipping attacks Strong US retail sales report further clouds outlook for Fed rate cutsFed governor's comments ease some investors' rate-cut concernsUpdates with settlement prices for market closeBy Georgina McCartney HOUSTON, Jan 16 (Reuters) - O...

UPDATE 4-Biden warns that an oligarchy is forming that threatens US democracy

President warns US of dangers of oligarchy, tech complex from Oval Office Running for reelection ushered in Trump return, critics say Biden's decades in Senate, vice presidency, White House overshadowed for now by Trump's comebackLeaves strong economy, manufacturing pickupRecasts first paragraph, a...

Unitedhealth Group Inc reports results for the quarter ended December 31 - Earnings Summary

Unitedhealth Group Inc UNH.N reported quarterly adjusted earnings of $6.81 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $6.16. The mean expectation of twenty four analysts for the quarter was for earnings of $6.72 per....

Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data

Jan 16 (Reuters) - Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print increased chances of two Federal Reserve rate cuts this year, with the first likely in June.

Bank of America profit rises on investment banking boost

Jan 16 (Reuters) - Bank of America BAC.N reported higher profit on Thursday as its investment bankers capitalized on resurgence in dealmaking in the fourth quarter.

Target up after raising fourth-quarter sales forecast on strong holiday demand

Shares of Target TGT.N rise ~5% to $141.01 premarket after co lifts Q4 sales forecast on strong holiday season demand. Co now sees Q4 comparable sales growth of 1.5% vs. prior expectations of flat growth, higher than analysts' expectation of a 0.2% growth, according to data compiled by LSEG.

UPDATE 4-Detained South Korea's Yoon refuses questioning and challenges arrest

Yoon refuses to talk to investigators for second dayYoon remains in detention centre, lawyer cites healthAuthorities have 48 hours to question Yoon or seek new detention warrantConstitutional Court deliberates Yoon's impeachment trialAdds Yoon lawyer's complaint in paragraph 21By Joyce Lee and Ju-mi...

US exceptionalism turns dollar into global problem

LONDON, Jan 16 (Reuters Breakingviews) - King Dollar, meet the Donald. After lording over most major currencies for the past three years, the greenback is likely to get another big boost from the protectionism and fiscal largesse of incoming U.S. President Donald Trump. It may catch markets and...

How bond vigilantes could check Trump's power

Risk of bond vigilantes returning if Trump's policies misfire, some experts say U.S. debt-to-GDP ratio nearing 100%, raising market concernsTrump adviser Laffer says focus is on growth, not deficits Former Treasury Secretary Rubin: risk bond market could force Trump's handBy Lawrence Delevingne, Yor

Nvidia CEO says its advanced packaging technology needs are changing

TAICHUNG, Taiwan, Jan 16 (Reuters) - Nvidia's demand for advanced packaging from TSMC remains strong though the kind of technology it needs is changing, the U.S. AI chip giant's CEO Jensen Huang said on Thursday, after he was asked whether the company was cutting orders.

More German companies want to raise prices, Ifo says

BERLIN, Jan 16 (Reuters) - The Ifo price expectations index in Germany rose to its highest level since April 2023 in December, with all economic sectors contributing to the increase, the economic institute Ifo said on Thursday.

Metals rise on weaker dollar, aluminium up on EU plan to ban Russian metal

SHANGHAI, Jan 16 (Reuters) - Most base metals rose on Thursday as the dollar weakened after soft U.S. core inflation raised hopes that the Federal Reserve could cut interest rates further.

South Korea considering buying more US oil and gas, industry minister says

Adds background in paragraphs 4-5By Hyunjoo Jin and Emily Chow SEOUL, Jan 16 (Reuters) - South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East, the country's industry minister Ahn Duk-geun said on Thur...

Ukraine says it downed 34 Russian drones in overnight attack

Ukraine downed 34 out of 55 drones launched by Russia in an overnight attack, the Ukrainian air force said on Thursday, with a further 18 failing to reach their targets, something which usually indicates they were jammed by electronic warfare.

UPDATE 3-TSMC logs record quarterly profit, sees hefty revenue growth in early 2025

TSMC forecasts Q1 revenue of $25-25.8 billion Fourth-quarter profit climbs 57% to a record highSays it has frank communication with current and future US govtsBelieves AI chip curbs on China are a manageable issue for the companyWrites through with comments on US chip policy and progress on fabsBy Y...

UPDATE 4-Japan wholesale inflation steady near 4%, BOJ eyes rate hike next week

December wholesale prices up 3.8% yr/yr, matches f'castYen-based import prices rise 1.8% yr/yr in DecemberData adds to growing case for BOJ rate hike next weekUeda says BOJ to debate whether to raise rates next weekMarkets, analysts ramp up bets of January rate hikeAdds market pricing, analyst forec...

FACTBOX-How likely is a Bank of Japan rate hike next week?

Jan 16 (Reuters) - The Bank of Japan holds its first policy meeting of the year next week and the outcome will be announced days after the inauguration of U.S. President-elect Donald Trump.

TikTok prepares to shut down app in US on Sunday, sources say

WASHINGTON/NEW YORK, Jan 15 (Reuters) - TikTok plans to shut U.S. operations of its social media app used by 170 million Americans on Sunday, when a federal ban is set to take effect, barring a last-minute reprieve, people familiar with the matter said on Wednesday.

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