(Reuters) – U.S. Bancorp (USB) on Wednesday beat estimates for first-quarter profit as rapid rate hikes from the Federal Reserve helped the lender earn more from the interest charged on…
BEIJING (Reuters) – China is formulating plans to boost the recovery and expansion of consumption, the state planner’s spokesperson Meng Wei said on Wednesday, signaling officials are worried about weak…
US Allies Snap Up Russian Oil, Sell Their Own To Boost Profits John Hugh DeMastri on April 17, 2023 Saudi Arabia and the United Arab Emirates (U.A.E.) are among the…
(Reuters) – PNC Financial Services Group reported an 18.5% rise in first-quarter profit on Friday, as the Federal Reserve’s rate hikes fueled a surge in the U.S. regional lender’s net…
By Jorgelina do Rosario and Joe Bavier WASHINGTON (Reuters) – Kenya expects at least $1.2 billion in financing inflows between April and May and is in talks for new funding…
By Mohammad Yunus Yawar KABUL (Reuters) – Defence has received the largest share of funds in Afghanistan’s budget as the Taliban government aims to boost forces by a third and…
WASHINGTON (Reuters) – Cameroon is working to boost export revenues to fend off a potential debt crisis and has relaunched talks with the U.S. to rejoin Washington’s flagship trade initiative…
By Anna-Catherine Brigida and Walter Bianchi BUENOS AIRES (Reuters) – Argentina has patched up its wobbly economy with a so-called “soy dollar” preferential exchange rate to boost grains exports and…
(Reuters) – Boeing Co is planning to increase the output of its 737 jets to 38 planes a month by the middle of the year, Bloomberg News reported on Thursday,…
By Isabel Woodford MEXICO CITY (Reuters) – Investors optimistic about a potential Mexican nearshoring boom have been scooping up stocks in local real estate, transport companies and banks, analysts say,…
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday said she was launching a commitment between the United States and more than 20 foreign governments to create a registry…
City That Defunded Its Police Gives Officers A $25 Million Boost Trevor Schakohl on March 22, 2023 San Francisco Mayor London Breed secured $25 million in funding for police overtime…
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said on Thursday it was taking steps to improve its air traffic control operations after a series of near-miss…
BEIJING (Reuters) – China will strengthen its policy guidance to support advanced manufacturing, Premier Li Qiang was quoted as saying by state radio on Wednesday. The world’s second-biggest economy is…
Taxpayer Advocate Says $80 Billion IRS Funding Boost Does Not Do Enough To Help Taxpayers Lorenzo Prieto on March 16, 2023 A key office within the Internal Revenue Service (IRS)…
By Anirban Sen and David French NEW YORK (Reuters) -PacWest Corp is in talks about a liquidity boost with Atlas SP Partners and other investment firms, people familiar with the…
MILAN (Reuters) – Italian-American vehicle maker CNH Industrial has acquired U.S. company Augmenta, valuing its strategic partner at $110 million, in a bid to help farmers harness technology to increase…
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government is boosting financial support for around 1.4 million citizens as it tries to offset three-decade high inflation ahead of the…
NEW DELHI (Reuters) – India and Australia aim to expand trade in critical mineral to help them achieve their goals on reducing carbon emissions, as they seek a broad trade…
By Nate Raymond (Reuters) – The U.S. Supreme Court is asking Congress to approve $5.9 million in new funds to bolster the protection of the nine justices following threats and…
By Giuseppe Fonte ROME (Reuters) – Italy plans to enhance voting rights to persuade entrepreneurs to float their businesses in Milan without worrying about losing control to other investors, sources…
By Krishn Kaushik and Kirsty Needham NEW DELHI/SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese arrives in India on Wednesday seeking to strengthen the new momentum in ties between the…
By Jarrett Renshaw and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden’s team is moving to tap top Democratic allies and even some people once seen as possible rivals…
(Reuters) – The top shareholders of retailer Americanas SA are informally offering a capital injection of 10 billion reais ($1.9 billion), Bloomberg reported on Thursday, after creditors rejected an initial…
By Jan Strupczewski BRUSSELS (Reuters) – Ten European Union countries called on Wednesday for an overhaul of the EU’s single market to make the bloc more competitive against the United…