Norway oil companies to boost investments, survey shows
OSLO (Reuters) – Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from…
OSLO (Reuters) – Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from…
FRANKFURT (Reuters) – The euro zone’s vast industrial sector rebounded in June, giving overall growth a small boost to end an otherwise weak quarter on a positive note, data from…
By Kylie Madry (Reuters) – Mexican financial services startup Klar has received a $100 million debt facility from investment firm Victory Park Capital, it announced on Tuesday, meant to expand…
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Analysts are raising earnings estimates for Asian companies for the first time in four months as easing price pressures boost consumption while…
By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel to propel further gains this year, investors said. Data released…
Kim Jong Un Announces Military, Weapons Boost For ‘Overwhelming’ Retaliation Against ‘Hostile Forces’ Jake Smith on August 10, 2023 North Korean leader Kim Jong Un announced a significant boost in…
NEW YORK (Reuters) – Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology, financials and energy stocks, data provider HFR said on Monday.…
By David Shepardson WASHINGTON (Reuters) – The White House wants federal agencies to “aggressively” execute a shift to more in-person work starting next month, saying it is crucial to delivering…
By David Shepardson (Reuters) – General Motors said Friday it plans to boost employment next year despite concerns raised by autoworkers that the shift to electric vehicles will reduce labor…
Will Third Trump Indictment Boost Mike Pence’s Candidacy? Fat Chance, Experts Say Mary Lou Masters on August 3, 2023 Former Vice President Mike Pence’s involvement in the third indictment of…
By Nivedita Balu and Jaiveer Shekhawat (Reuters) -National Bank of Canada said on Tuesday it has agreed to buy collapsed U.S. regional lender Silicon Valley Bank’s Canadian commercial loan portfolio,…
By Makiko Yamazaki and Anton Bridge TOKYO (Reuters) -Two of Japan’s megabanks reported solid quarterly profits on Monday amid hopes the Bank of Japan’s (BOJ) nudge towards policy normalisation will…
Here Are The Three Senate Dems That Voted Against An Amendment To Boost US Uranium Independence Nick Pope on July 27, 2023 Three Senate Democrats voted Thursday against an amendment…
By Manya Saini and Niket Nishant (Reuters) – Visa and Mastercard, which bet on China to boost travel spending, have had to contend with a disappointing first half of the…
BEIJING (Reuters) – China will guide banks to boost credit in the consumer service industry, its financial regulator said on Thursday, as authorities seek to boost a flagging post-pandemic economic…
SEOUL (Reuters) – South Korea’s central bank said on Thursday its monetary policy board decided to reform its standing lending facility, a monetary policy tool for supplying liquidity to banks,…
MEXICO CITY (Reuters) – Mexico and the United States have agreed to step up oversight of arms trafficking with a system to electronically track firearms seized from criminal organizations, Mexican…
BRASILIA (Reuters) – Brazil’s government issued an executive order on Tuesday to initiate taxation on sports betting, in line with a measure announced by President Luiz Inacio Lula da Silva’s…
By Deborah Mary Sophia (Reuters) – Restaurant chains including McDonald’s and Chipotle Mexican Grill are expected to report strong profits in the second half of 2023 as commodity costs finally…
BEIJING (Reuters) – China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to support the economy, state media said on Friday. The post-COVID…
(Reuters) – Regions Financial’s second-quarter profit met Wall Street estimates on Friday, as higher interest income offset the drag from bigger provisions. Lenders have earned more in interest income, thanks…
By Carolina Pulice and Kylie Madry MEXICO CITY (Reuters) – Mexico’s Grupo Financiero Banorte reported on Thursday a 14% increase in second-quarter net profit, hitting 13.09 billion pesos ($764.68 million)…
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Aviation Administration and U.S. Transportation Department said on Thursday they expect teleworking government employees to boost in-person work, part of the…
(Reuters) – PPG Industries raised its full-year profit forecast on Thursday after beating second-quarter profit estimates as strong prices helped the industrial coatings maker offset lower demand. While overall sales…
(Reuters) – Marsh McLennan reported second-quarter profit above expectations on Thursday, bolstered by the higher interest the company earned from client funds. The company reported a profit of $2.20 per…