The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar.  The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year’s October deficit was smaller because the government paid $48 billion in benefits in September — and that was because Oct. 1 fell on …

Inflation in Zimbabwe soared last month to its highest level since 2008, official data showed Tuesday, after a severe dollar shortage led to a surge in prices of food, drinks and clothes.  The annual inflation rate shot up to 20.85 percent in October, statistics agency Zimstat said, from 5.39 percent in September, …

Wall Street struggled for momentum Tuesday, giving up early gains as a rebound in technology stocks and renewed hope for progress in trade talks were offset by drops in Boeing and energy stocks.  Boeing Co. reported a 37 percent increase in 737 deliveries in October, but shares fell on concerns related to last month’s deadly crash of a …

Amazon says it will split its long-awaited second headquarters between New York City and and Crystal City, part of Arlington, Virginia, as well as open a new facility in Nashville, Tennessee. “These two locations will allow us to attract world-class talent that will help us to continue inventing for customers …

A recent proliferation of craft gins and new distilleries has taken over South Africa’s bar scene. But this is not your average gin, distillers say: South African gin is infused with unique local flavors — like fynbos, rooibos, marula, sceletium and other distinctive South African botanicals — that they feel …

This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them. Takashi Odajima picked up a cracked and faded photograph and dusted it off with his sleeve. He smiled a little sadly at the image from long ago, …

Millions of smallholder farmers in South and Southeast Asia are missing out on new, resilient seeds that could improve their yields in the face of climate change, according to an index published Monday. The 24 top seed companies fail to reach four-fifths of the region’s 170 million smallholder farmers for …

A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking more than 600 points off the Dow Jones Industrial Average.   The wave of selling snared big names, including Apple, Amazon and Goldman Sachs. Banks, consumer-focused companies, and media and communications stocks all took heavy losses. Crude …

Brazil’s Congress is unlikely to pass pension reform legislation this year, far-right President-elect Jair Bolsonaro said on Monday, a blow to investor hopes that caused the country’s currency to weaken in futures markets. Investors snapped up Brazilian assets in the wake of Bolsonaro’s election victory last month, cheered by his …

OPEC and allied oil-producing countries will likely need to cut crude supplies, perhaps by as much as 1 million barrels of oil a day, to rebalance the market after U.S. sanctions on Iran failed to cut Tehran’s output, Saudi Arabia’s energy minister said Monday. The comments from the minister, Khalid …

Farmers in Zimbabwe are appealing for funds to irrigate their land, in hopes of fending off a possible drought predicted by the U.N. Food and Agriculture Organization.  FAO says droughts caused by the El Nino weather pattern are recurring more often and that might affect food security. At Mugutu farm, …

The nine former rebel fighters, who traded their guns, battle fatigues and heavy rucksacks for paddles, helmets and life jackets, launch four rafts laden with visitors into the turbulent Pato River, deep in Colombia’s dense Amazon jungle. The former guerrillas from the Revolutionary Armed Forces of Colombia (FARC) have chosen …

The communities said to be favored to become homes to a pair of big, new East Coast bases for Amazon are both riverfront stretches of major metropolitan areas with ample transportation and space for workers. But there are plenty of differences between New York’s Long Island City and Crystal City …

Syrian President Bashar al-Assad has amended a disputed land law that alarmed refugees and the countries hosting them, giving owners more time to register land claims. Law 10, passed in April, gave the Damascus government the right to redevelop urban areas that were damaged by war or that were built …

Chinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expected to focus on trade tensions. Li’s remarks in an article in Singapore’s Straits Times newspaper, ahead of …

Prime Minister Theresa May’s Brexit strategy came under attack from all sides on Monday, increasing the risk that her plan for leaving the EU will be voted down by parliament and thrust the United Kingdom towards a potentially chaotic “no-deal” Brexit. Less than five months before Britain is due to …

Japan’s Prime Minister Shinzo Abe called Monday for a new public works spending program to stimulate the economy amid growing concerns about global risks.  The spending, which is expected in the first half of next fiscal year starting in April, will focus on strengthening infrastructure to withstand earthquakes and frequent flooding, according …

A majority of OPEC and allied oil exporters support a cut in the global supply of crude, Oman Oil Minister Mohammed bin Hamad al-Rumhi said on Sunday. “Many of us share this view,” the minister said when asked about the need for a cut. Asked if it could amount to …

The Belgium-based SWIFT financial messaging service will be disconnecting some Iranian banks this weekend, said SWIFT chief executive Gottfried Leibbrandt at an event in Paris on Friday. Earlier this week, SWIFT had already stated that it would be suspending some unspecified Iranian banks’ access to its messaging system in the …

India-based motorcycle brand Royal Enfield expects sales in its new North American business to almost triple this year and is aiming to dominate the market for middleweight bikes into which Harley-Davidson Inc has just shifted in a bid to revive sales. Enfield, originally a classic UK brand but manufactured by …

Vietnam’s new carrier Bamboo Airways expects to finally get an aviation license next week and start flying within weeks, the chairman of its parent firm said on Thursday. The airline had to delay its maiden flight on Oct. 10 because it didn’t receive a license in time. “Prime Minister Nguyen …

Tesla said Thursday that its new board chair replacing Elon Musk will be Robyn Denholm of Australia’s Telstra.   The appointment to the full-time position takes effect immediately though Denholm will leave Telstra, Australia’s biggest telecoms company, after a six-month notice period. Denholm already is on Tesla’s board.   Musk …

Stocks rallied Wednesday as investors were relieved to see that the U.S. midterm elections went largely as they expected they would. Big-name technology and consumer and health care companies soared as the S&P 500 index closed at its highest level in four weeks. Democrats won control of the House of …

Global stocks were higher Wednesday after the outcome of the U.S. midterm elections met investors’ expectations. Despite Democratic gains in the U.S. House of Representatives, few anticipate reversals of President Donald Trump’s tax cuts and the elimination of federal regulations. Democrats captured more than the 23 seats needed to regain …

The Chinese government granted 18 trademarks to companies linked to President Donald Trump and his daughter Ivanka Trump over the last two months, Chinese public records show, raising concerns about conflicts of interest in the White House. In October, China’s Trademark Office granted provisional approval for 16 trademarks to Ivanka …