Maryland awards $4.6 million in heritage grants to boost local tourism and development
ANNAPOLIS — Governor Wes Moore on Thursday announced more than $4.6 million in matching grant awards through the Maryland Heritage Areas Authority to support 91 projects aimed at strengthening local economies through…
EU agrees €20 billion boost for energy funding to quit Russian gas
By Kate Abnett BRUSSELS (Reuters) – The European Union will raise an extra 20 billion euros from its carbon market for investments to help end more swiftly the bloc’s reliance on Russian…
MTN lands subsea cable in South Africa to boost Africa’s connectivity
JOHANNESBURG (Reuters) – MTN South Africa and MTN GlobalConnect, in partnership with a consortium, have landed a 45,000 kilometre subsea cable in South Africa, part of plans to build a subsea network…
Funds load up on exposure Down Under as China boost awaits
By Tom Westbrook SINGAPORE (Reuters) – Australia’s stockmarket is pulling in a growing slice of global investors’ funds, as the prospect of big dividends, relatively defensive performance and exposure to China’s reopening…
EU regulators tweak state aid rules to boost broadband rollout
By Foo Yun Chee BRUSSELS (Reuters) – EU competition regulators have revised state aid rules to make it easier for European Union countries to finance the rollout of fast-speed broadband, key to…
U.S. senators propose law to boost transparency at regional Fed banks
By Michael S. Derby (Reuters) – Democratic Senator Elizabeth Warren and Republican Senator Pat Toomey have joined together to propose legislation that would make it easier to get information out of the…
Swedbank sees income growth outpacing costs as eyes set on ROE boost
STOCKHOLM (Reuters) – Swedbank said on Tuesday it would grow average annual income by 3 percentage points more than costs as it looked to boost returns on equity by 2025, driven by…
South Korea’s Yoon vows full policy support to boost exports
SEOUL (Reuters) – South Korean President Yoon Suk-yeol renewed his pledge to focus all government resources on boosting exports, saying in a speech on Monday that exports had been and still were…
Saudi Exchange launches market-making framework to boost liquidity
DUBAI (Reuters) – Saudi Arabia’s stock exchange said on Sunday it was launching a market-making framework for its stock and derivatives markets to help ensure liquidity and raise price-determination efficiency. Entities must…
TD Bank quarterly profit jumps on higher rates boost
(Reuters) -Canada’s TD Bank posted a surge in fourth-quarter profit on Thursday as gains from higher interest rates boosted its personal and commercial business and helped offset weakness in underwriting and capital…
German parliament passes welfare reform to boost benefits and training
BERLIN (Reuters) – Germany’s lower and upper houses of parliament passed a welfare reform on Friday that will raise unemployment benefits from the beginning of next year and provide new help to…
IMF urges China to boost COVID vaccinations, restore property sector confidence
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund urged China on Wednesday to boost COVID-19 vaccination rates and give more robust support to its troubled property sector to restore confidence…
Strong demand, robust pricing to boost Deere’s sales
By Bianca Flowers (Reuters) – Industrial bellwether Deere & Co is expected to post double-digit growth in quarterly sales and profit on Wednesday, fueled by higher crop prices and pent-up demand for…
New Italian government’s budget to boost spending to fight energy crisis
By Crispian Balmer ROME (Reuters) – Italy’s new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing…
Credit Suisse wealth boss De Ferrari targets growth markets, tech boost
By Oliver Hirt, Noele Illien and Michael Shields ZURICH (Reuters) – Francesco De Ferrari, the head of Credit Suisse’s wealth management business, is focused on growth markets, high net worth clients and…
EU readies next steps to boost its capital market
By Huw Jones LONDON (Reuters) – The European Union will propose rules next month to make it easier for companies to list, give creditors more predictability on company bankruptcies, and to attract…
Yellen hopes Biden-Xi G20 meeting will boost U.S.-China economic engagement
By David Lawder NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Janet Yellen said she hopes President Joe Biden’s meeting on Monday with Chinese President Xi Jinping leads to increased engagement on…
UK needs to make politically unpopular reforms to boost growth, business group says
LONDON (Reuters) – The British government must be willing to make politically unpopular choices in areas such as immigration and regulation to boost business investment and economic growth, the Confederation of British…
COP27: Israel says big boost in gas supply to Europe will take years
SHARM EL-SHEIKH, Egypt (Reuters) – Israel will require several years before it can significantly increase its natural gas supplies to Europe, the country’s energy ministry said on Friday. Israel and neighboring Egypt…
South Korean government pledges all-out effort to boost exports
SEOUL (Reuters) – South Korea’s government vowed on Tuesday to make every effort to boost export growth in semiconductors, rechargeable batteries and areas promising new growth, after preliminary government data showed exports…
Italy gets GDP boost as govt pledges action against inflation
By Gavin Jones and Giuseppe Fonte ROME (Reuters) -Italy’s economy performed unexpectedly well in the third quarter, data showed on Monday, offering a welcome boost for the country’s new government as it…
Here’s How Biden’s Backroom Deal To Boost Oil Production Ahead Of The Midterms Fell Apart
Here’s How Biden’s Backroom Deal To Boost Oil Production Ahead Of The Midterms Fell Apart Jack McEvoy on October 26, 2022 President Joe Biden’s aides were confident that they had agreed to…
Casino’s potential stake sale in Brazilian Assai ‘saves some time’
By Juliette Portala (Reuters) -French retailer Casino said on Thursday it had launched a study for the potential disposal of part of its stake in Brazilian cash-and-carry chain Assai as it looks…
South Korea ministers pledge to boost economy
SEOUL (Reuters) -South Korea’s government said on Thursday it would ease regulations on the housing sector and boost policy support for the rechargeable battery and shipbuilding sectors to offset the growing downside…
Analysis-Donations from Brazil farm sector boost Bolsonaro’s re-election bid
By Nayara Figueiredo SAO PAULO (Reuters) – Agribusiness leaders contributed the lion’s share of financing for President Jair Bolsonaro’s re-election campaign, underscoring his close ties with farm interests, while his leftist challenger…
Toyota considers sharp boost in output of first EV, but not before 2025, sources say
By Maki Shiraki TOKYO (Reuters) -Toyota is considering a sharp increase in production of its first mass-market battery-electric vehicle from 2025, according to three people with knowledge of the developing plans, ramping…
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