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…
Taiwan to boost energy inventories amid China threat
TAIPEI (Reuters) – Taiwan is working to increase energy inventories in a move boost the island’s resilience in the event of a crisis, a deputy economy minister said, as China stepped up…
Turkey halts lending to more FX-rich firms to boost lira
ISTANBUL (Reuters) – Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday, sweeping up more borrowers under rules adopted in June in the latest…
Yellen says inflation not ’embedded’ in U.S. economy, research to boost capacity
By David Lawder HERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming “embedded” in the U.S. economy and domestic investments in semiconductors and research…
Yellen says chips, research investments will boost U.S. economic capacity
By David Lawder HERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that domestic investments in semiconductors and research would help reverse a longstanding innovation deficit and increase the…
Pfizer COVID vaccine price hike seen giving revenue boost for years
(Reuters) – Pfizer’s attempt to as much as quadruple its current U.S. prices for its COVID-19 vaccines going forward could spur revenues for years, analysts said. The drugmaker, which developed and sells…
EU proposes matching UK move to boost ‘dark’ share trading, documents show
By Huw Jones LONDON (Reuters) – A curb on “dark” or off-exchange trading of shares in the European Union should be completely removed to compete better with Britain, EU documents seen by…
Uber looks to boost digital ad revenue with new advertising division
(Reuters) – Uber Technologies Inc has launched a new advertising division as the ride-hailing firm looks to diversify its revenue sources through tie-ups with brands and marketers. With a reach of 122…
Choppy markets likely to boost profit for U.S. exchange operators
By Manya Saini (Reuters) – Heightened market volatility could prove to be a boon for U.S. exchange operators as higher trading volumes during their third quarter help offset a hit from fewer…
U.S. lawmakers want to boost oversight of foreign government broadcast sponsorship
By David Shepardson WASHINGTON (Reuters) – A bipartisan group of lawmakers on Monday introduced legislation to strengthen the authority of the Federal Communications Commission to oversee foreign sponsorships of U.S. broadcast TV…
U.S. Supreme Court gives boost to Domino’s in arbitration case
By Daniel Wiessner (Reuters) – The U.S. Supreme Court on Monday gave a boost to Domino’s Pizza Inc’s bid to force delivery drivers to bring a wage lawsuit in private arbitration rather…
Stellantis to boost electric vehicle production in France
PARIS (Reuters) -Stellantis will double the share of electric car models it produces in France, the company’s chief executive announced on Monday, adding that some new models of its Peugeot brand will…
Fed’s Bullard says boost to dollar from interest rate hikes may ease
WASHINGTON (Reuters) -The Federal Reserve’s rapid interest rate increases have contributed to the strength of the dollar against other currencies, but that may ease once the U.S. central bank reaches the point…
China central bank to step up policy measures to boost economy ahead of party congress
BEIJING (Reuters) -China’s central bank will step up implementation of prudent monetary policy and provide stronger support for the real economy, its governor, Yi Gang, said, according to a statement from the…
LVMH’s resilience gives luxury shares a boost amid economic gloom
PARIS (Reuters) – Shares in luxury goods companies rose on Wednesday, as LVMH set an upbeat tone with robust third-quarter sales, showing that shoppers have not lost their appetite for high-end designer…
Lowly wax worm’s saliva may boost fight against plastic pollution
By Will Dunham WASHINGTON (Reuters) – Two substances in the saliva of wax worms – moth larvae that eat wax made by bees to build honeycombs – readily break down a common…
Greece-Bulgaria pipeline starts operations to boost non-Russian gas flows
SOFIA (Reuters) – Greece and Bulgaria started commercial operation of a long-delayed gas pipeline on Saturday which will help decrease southeast Europe’s dependence on Russian gas and boost energy security. The 182-km…
U.S. pension rebalancing could boost bonds, international stocks, banks say
By David Randall NEW YORK (Reuters) – U.S. fixed income and international equities could benefit from quarter-end rebalancing as pension funds square their books after a brutal three months for most asset…
Employers urge UK government to show it really can boost growth
LONDON (Reuters) – Britain’s government must reform areas such as immigration and climate change to show it really can boost economic growth after it sent markets into a tailspin with a huge…
Analysis-Alzheimer’s drug breakthrough big boost for Roche, Eli Lilly
By Natalie Grover LONDON (Reuters) – The results of a key Alzheimer’s drug trial on Wednesday have reignited decades-old hopes that targeting a particular protein helps arrest the progression of the fatal…
French drugmaker Sanofi expects positive boost from currency markets in Q3
PARIS (Reuters) -French drugmaker Sanofi said it expected a positive boost to its third-quarter business results from movements on the currency markets, helped by the strength of the U.S. dollar since Sanofi…
J.P. Morgan ups Mexican economic growth forecast on manufacturing boost
MEXICO CITY (Reuters) – J.P. Morgan analysts raised their economic growth forecast for Mexico’s third quarter gross domestic product (GDP), as well as for 2022, after August trade data signaled a stronger…
Factbox-Britain sets out tax cuts and other measures to boost growth
LONDON (Reuters) – Britain’s new finance minister Kwasi Kwarteng unveiled a slew of measures on Thursday including the reversal of an increase in payroll tax in an effort to boost economic growth.…
Canada joining U.S.-backed Pacific group to boost ties with island nations
By Steve Scherer OTTAWA (Reuters) -Canada is joining a group to boost economic ties with Pacific island nations that already includes the United States, Australia, Japan, New Zealand and the United Kingdom,…
Explainer-Why the weak yen isn’t a big boost for Japan Inc anymore
By Satoshi Sugiyama and Maki Shiraki TOKYO (Reuters) – The weak yen was once a cause for celebration for Japanese companies as it meant they could sell cars and cameras cheaper abroad…
China’s largest policy bank to boost infrastructure loans to local govts
BEIJING (Reuters) – The China Development Bank (CDB) said on Thursday it will increase the number of infrastructure loans it gives to local governments, while prioritising the needs of major economic provinces.…
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