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…
Biden administration to rejig HHS to boost pandemic response – The Washington Post
(Reuters) – The Biden administration is reorganizing the U.S. Department of Health and Human Services (HHS) to create an independent division that would lead the country’s pandemic response, The Washington Post reported…
European shares rise on aero, luxury stocks boost
By Susan Mathew and Devik Jain (Reuters) -European shares rose on Tuesday led by beaten-down aerospace, luxury and travel stocks, although worries about an energy supply crunch and a potential global recession…
Analysis-Volatile U.S. markets boost appeal of dividend stocks
By David Randall NEW YORK – Investors are giving the shares of dividend-paying companies a second look as they seek to buttress their portfolios against surging inflation and sharp declines in asset…
Vietnam, South Korea aim to boost trade to $100 billion next year
HANOI – Vietnam and South Korea aim to raise the value of bilateral trade between the countries to $100 billion next year and to $150 billion by 2030, up from $78 billion…
Romanian government plans tax hikes to boost budget
BUCHAREST – Romania’s coalition government plans a series of tax rises from next year, including increasing dividend and property taxes, which are expected to boost budget revenue by 13.4 billion lei ($2.82…
China, HK to launch rate ‘Swap Connect’ in boost to financial integration
HONG KONG -China and Hong Kong will launch a new “Swap Connect” scheme after six months, allowing mutual access to interest rate swaps trading to promote financial derivatives markets, and also upgraded…
Army Scraps Plan To Boost Recruitment By Eliminating High School Grad Requirement
Army Scraps Plan To Boost Recruitment By Eliminating High School Grad Requirement Micaela Burrow on July 1, 2022 The Army scrapped an initiative allowing applicants to waive the high school diploma or…
OPEC To Finally Boost Oil Production Ahead Of Biden’s Saudi Arabia Trip
OPEC To Finally Boost Oil Production Ahead Of Biden’s Saudi Arabia Trip Jack McEvoy on June 30, 2022 The Organization of the Petroleum Exporting Countries (OPEC) and its partners agreed to boost…
U.S. Attorney Announces $7.85 Million Settlement With Citadel Skilled Nursing Facility In Bronx For Fraudulently Switching Residents’ Healthcare Coverage To Boost Medicare Payments
Damian Williams, the United States Attorney for the Southern District of New York, and Scott J. Lampert, Special Agent-in-Charge of the New York Regional Office of the U.S. Department of Health and…
Stellantis’ French diesel engine plant to get EV motor boost
By Gilles Guillaume TREMERY -World No. 4 carmaker Stellantis said on Wednesday it will speed up electric motor production at its factory in Tremery, France, long the world’s largest diesel engine plant,…
Biden Pledges Thousands Of Troops To Boost NATO Defenses
Biden Pledges Thousands Of Troops To Boost NATO Defenses Micaela Burrow on June 29, 2022 President Biden vowed to increase U.S. troop presence in Europe in a meeting with North Atlantic Treaty…
Russia to spend $14.5 billion to boost local aircraft production amid sanctions
(Reuters) – Russia’s government announced plans on Monday to invest 770 billion roubles ($14.5 billion) in the country’s aviation industry by the end of this decade to boost the share of domestically-manufactured…
E.ON’s CEO says Germany should boost domestic gas production
BERLIN – Germany should explore all options to increase domestic natural gas output including fracking, the chief executive of German energy provider E.ON’s said, as Berlin triggered the “alarm stage” of its…
Biden, 11 U.S. states to boost support for offshore wind energy
WASHINGTON -The Biden administration is partnering with 11 East Coast states to accelerate development of offshore wind facilities and create jobs by supporting a domestic supply chain for the industry, the White…
Audi to invest $320.2 million to boost electric engine output in Hungary
BUDAPEST – German carmaker Audi’s Hungarian unit will invest 120 billion forints ($320.2 million) to ramp up electric engine production at its factory in western Hungary, Foreign Minister Peter Szijjarto said on…
Tesla under pressure to boost wages to attract workers to German plant
BERLIN – Electric carmaker Tesla is having to raise wages to attract employees to its new manufacturing plant outside Berlin, a top German union said, warning of a looming pay dispute among…
Mexico’s new airport gets boost from Panama’s Copa Airlines
PANAMA CITY – Panama’s Copa Airlines announced on Friday it is launching a route from Panama City to Mexico’s recently inaugurated Felipe Angeles International Airport, becoming one of the first foreign airlines…
Baby formula crunch in U.S. forces scramble to boost supplies
(Reuters) – Abbott Laboratories said it had halted production of EleCare baby formula at its Michigan plant after storms caused heavy flooding, in the latest setback for the recently re-opened factory that…
Israel to boost building starts in bid to rein in soaring housing costs
By Steven Scheer JERUSALEM – Israel’s government plans to sharply boost construction starts and expand a discount scheme aimed at restraining rapidly rising housing prices as demand continues to outstrip supply. Under…
At Asia security summit, Japan vows to boost regional security role
By Chen Lin and Idrees Ali SINGAPORE – Japan’s Prime Minister Fumio Kishida pledged on Friday to boost its regional security presence to counter multiple threats, from China’s expansion in the South…
We need to talk about Gucci: Kering sets plan to boost brand in China
By Mimosa Spencer and Casey Hall PARIS/SHANGHAI – Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight on its approach in China – a…
Pfizer to spend $120 million to boost U.S. COVID pill manufacturing
(Reuters) – Pfizer Inc said on Monday it would spend $120 million to expand manufacturing of its COVID-19 antiviral treatment at its Michigan plant, as demand ramps up. Use of the pill,…
Turkish cenbank acts to boost use of lira assets as collateral -bankers
ISTANBUL – The Turkish central bank has taken steps to increase the weight of lira-denominated assets in the collateral system as part of its currency strategy and steps in this direction will…
Ford may slash ad spending, revamp dealers to boost EV profit, CEO says
By Paul Lienert and Ben Klayman (Reuters) – Ford Motor Co needs to overhaul its century-old business model – from slashing advertising spending to reworking its dealer network – if it is…
Israel, UAE boost ties with free trade pact
By Alexander Cornwell DUBAI – Israel signed a free trade agreement with the United Arab Emirates on Tuesday, its first with an Arab state and one which eliminates most tariffs and aims…
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