By Stephen Culp NEW YORK (Reuters) -U.S. stocks advanced on Tuesday, gaining momentum in morning trading while Treasury yields took a pause as Americans went to the polls and market participants bided their time to determine whether Capitol Hill is in …
Rome hoteliers get cold feet over heating restrictions
ROME (Reuters) – Rome hotels complained on Tuesday about a city decree that delayed the date homes and business can switch on central heating systems until Nov. 21 – some three weeks later than normal. Looking to save gas and electricity in an effort t…
Dollar stems losses as investors eye U.S. midterms
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – The dollar steadied on Tuesday as traders looked ahead to U.S. midterm elections, and as excitement dimmed around China relaxing coronavirus restrictions, which had been boosting investor sent…
EV startup Arrival raises going-concern risk, warns of job cuts in UK
(Reuters) -Electric-vehicle startup Arrival SA warned on Tuesday it may not have enough cash to keep its business going toward the end of next year, sending its U.S.-listed shares tumbling 33.2%. The company said it has been exploring options to tackle…
Tanzania plane crash survivors, rescuers describe heroics laced with tragedy
By Benson Jacob BUKOBA, Tanzania (Reuters) – When the waters of Lake Victoria started gushing into the cabin of Flight PW494, passenger Mectrida Samuel knew she had to act fast. Around her, others were frantically trying free themselves and keep above …
Frontline Ukrainian village braces for winter after months of war
By Sergiy Chalyi HULIAIPOLE, Ukraine (Reuters) – After eight months of war that has devastated their frontline village, residents of Huliaipole in eastern Ukraine are preparing for their next big battle – the approaching winter. Sixty-year-old Natalia …
EU eases bank capital rules as ECB warns of ‘cracking’ stability
By Huw Jones LONDON (Reuters) -European Union member states have backed a temporary watering down and two-year delay to 2025 for the final leg of the globally agreed Basel III bank capital rules, despite the ECB warning they risked “cracking the dyke” …
Securitas Q3 profit jumps but says outlook uncertain
By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) -Sweden’s Securitas, which recently bought Stanley Black & Decker’s electronic security division, reported a jump in third-quarter profit on Tuesday on the back of strong sales growth and price inc…
Germany’s Evonik expects 2022 earnings to rise despite economic weakening
By Karol Badohal and Antonis Pothitos (Reuters) -German chemicals group Evonik Industries, which makes ingredients for Pfizer/BioNTech’s COVID-19 vaccine, on Tuesday said it expected a rise in 2022 earnings despite a weakening economy, after third-quar…
Polish construction group Budimex sees record revenue in 2022 – CEO
GDANSK (Reuters) – Budimex, one of Poland’s largest construction groups, is expected to report record revenues in 2022, its Chief Executive Artur Popko said during a conference call on Tuesday. “2022 will be a historical year in terms of sales,” Popko …