By Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said in a note to clients on Wednesday, as rising interest…
SHANGHAI/BEIJING (Reuters) -Shanghai has invited General Motors to boost investment and research and development in the city, the city government said on Wednesday. Shanghai looked forward to General Motors bringing…
By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley chip startup Ayar Labs raised another $25 million after its latest funding round closed, as demand has increased for faster,…
By Lisa Baertlein LOS ANGELES (Reuters) – The slumping U.S. transportation sector could be bouncing off a bottom as retailers start preparing for the back-to-school season and winter holidays, but…
Prominent Dem Rep Comes Right Out And Says DNC Moved The Primaries To Boost Biden Harold Hutchison on May 19, 2023 Democratic Rep. James Clyburn of South Carolina said in…
By Anisha Sircar and Divya Chowdhury (Reuters) – Equity markets in North Asia will outperform the broader region this year, buoyed by China’s reopening and a post-pandemic recovery-led earnings rebound,…
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Aerospace supplier HEICO Corp said on Monday it will buy Wencor Group in a deal valued at $2.05 billion to boost its portfolio…
SHANGHAI/BEIJING (Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover from a long sales slump in the world’s largest auto…
(Reuters) – Volkswagen’s said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of vehicles shipped worldwide that month to 720,200. The result was particularly…
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) – Chevron Corp’s renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of…
By Shreyashi Sanyal (Reuters) -European shares ended Friday on solid ground aided by a boost in shares of HSBC and from energy firms that tracked a rebound in oil prices,…
HANOI (Reuters) – Vietnam’s central bank bought $4.9 billion from credit institutions in the first four months of this year to shore up its foreign exchange reserves, the investment minister…
(Reuters) – Lockheed Martin is realigning its space business operations, transitioning from five lines of business to three to enhance speed and effectiveness, the defense contractor said on Thursday. The…
By David Shepardson WASHINGTON (Reuters) – The Biden administration on Tuesday said it was ramping up a program to address supply chain issues by getting truckers, shippers, wholesalers, retailers and…
(Reuters) – Freshworks Inc beat quarterly revenue estimates on Tuesday and posted its first adjusted operating profit as more businesses sought its lower-priced customer engagement software in a tough economy.…
By Mayela Armas CARACAS (Reuters) – Some of U.S. oil major Chevron Corp’s export earnings from its Venezuela operations are bolstering supplies of U.S. dollars in the South American country,…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors, fearing a recession is around the corner and preparing for an end of the Federal Reserve’s tightening cycle, have embraced the…
MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea posted a 12% bump in net profit for the first three months of this year, the company said in a statement on…
TOMS RIVER, NJ – When it comes to public relations, there’s no denying that Toms River Mayor Maurice Hill has the biggest annual PR budget of any mayor in Ocean…
WASHINGTON (Reuters) – South Korea and the U.S. agreed to boost economic partnerships in critical technology industries such as microchips, electric vehicles and batteries, said South Korean President Yoon Suk…
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) on Wednesday named an independent safety review team to look at ways to boost air safety after a series…
By Michael Martina WASHINGTON (Reuters) – A U.S. congressional war game simulating a Chinese invasion of Taiwan showed the need to arm the island “to the teeth,” the chair of…
By Elisa Anzolin VALVIGNA, Italy (Reuters) – Italy’s Prada is planning to spend 60 million euros ($66 million) on industrial capital investments this year, a large chunk of which will…
BRASILIA (Reuters) – Brazil’s government announced a package of 13 measures on Thursday to ease consumer access to credit and reduce associated costs in the capital and insurance markets, a…
(Reuters) – Huntington Bancshares Inc on Thursday reported a first-quarter profit that narrowly beat analysts’ estimates, as a boost from higher interest rates offset a hit from bigger provisions. A…