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…
Latest inflation data boost case for normalisation – French central banker
PARIS – The latest increases in inflation make the exit from exceptional monetary policy measures all the more necessary, Bank of France Governor Francois Villeroy de Galhau said on Tuesday. French inflation…
Booze, burgers and bunting – UK supermarkets get Platinum Jubilee boost
LONDON – British supermarket groups are set to enjoy a mini-boost to trade as Britons put aside their cost of living worries for a few days and prepare to celebrate Queen Elizabeth’s…
Turkish banks should boost sectors promoting long-term economic growth -watchdog
ISTANBUL – Turkey’s banking sector needs to prioritize sectors that will have a long term contribution to the economy, the country’s banking watchdog Chairman Mehmet Ali Akben said on Monday. In a…
New Zealand aims to boost competition in supermarket sector
By Lucy Craymer WELLINGTON – New Zealand wants to introduce a number of changes to the supermarket sector as two dominate players has raised concerns about competition, its commerce minister said on…
VTB says Russian banks could get $52 billion boost if country ditches Basel rules
(Reuters) – Russia’s banks could get a 3.3 trillion rouble ($52 billion)capital boost if the central bank ditches Basel capital requirements, the head of VTB Bank Andrey Kostin said on Thursday. Russia…
Timeline: Baby formula crunch in U.S. forces scramble to boost supplies
(Reuters) – The nationwide shortage of baby formula has prompted the United States to temporarily allow foreign imports from other suppliers, while reaching a deal with Abbott Laboratories on steps to resume…
New Zealand PM Ardern to visit U.S. to boost exports, lure tourists
(Reuters) – New Zealand Prime Minister Jacinda Ardern will visit the United States this week in a bid to boost exports and lure more tourists as the Pacific nation looks to fully…
Apple looks to boost production outside China- WSJ
(Reuters) – Apple Inc has told some of its contract manufacturers that it wants to increase production outside China, the Wall Street Journal reported, citing people familiar with the matter. India and…
Baby formula crunch in U.S. forces scramble to boost supplies
(Reuters) – The nationwide shortage of baby formula has prompted the United States to temporarily allow foreign imports from other suppliers, while reaching a deal with Abbott Laboratories on steps to resume…
White House looks to help smaller cities get infrastructure boost
By David Shepardson WASHINGTON – The White House and philanthropic agencies are working to make it easier for smaller cities and counties to apply for funding under a $1 trillion infrastructure law…
Hungary looks to boost domestic ownership in more key sectors -minister
BUDAPEST – Hungary should boost domestic ownership in more key sectors in addition to banking, media and energy, a cabinet minister-designate said on Wednesday, signalling more pressure on foreign companies to scale…
Motor vehicles boost U.S. business inventories in March
WASHINGTON – U.S. business inventories increased slightly more than expected in March, lifted by a jump in motor vehicle stocks, government data showed on Tuesday. Business inventories rose 2.0% after increasing 1.8%…
Mexico to boost fertilizer production to support local farmers
MEXICO CITY – Mexico aims to as much as triple its fertilizer production, the government said on Sunday, to support its plan to boost local agriculture production and control consumer price inflation.…
Lordstown Motors signals need for more capital to boost production, shares drop
(Reuters) – Electric vehicle startup Lordstown Motors Corp said on Monday it needed $150 million in addition to the proceeds from its sale of assets to Taiwanese contract manufacturer Foxconn to put…
Ukraine hopes to boost export capacity by 50% in coming months
KYIV – Ukraine hopes to grow export capacity by 50% in the next few months by expanding facilities on its western border, but it will still be far short of pre-war levels,…
Democrats Urge Biden To Boost Oil, Gas Drilling Amid Energy Crisis
Democrats Urge Biden To Boost Oil, Gas Drilling Amid Energy Crisis Thomas Catenacci on May 5, 2022 A group of House Democrats wrote to President Joe Biden Wednesday urging him to boost…
Italy sets aside more money to boost capital at Monte dei Paschi – sources
By Giuseppe Fonte ROME – Italy is beefing up a 1.5-billion-euro ($1.6 billion) money pot destined for state-owned bank Monte dei Paschi di Siena (MPS), three sources close to the matter said,…
Euro zone business growth got boost from reopened services in April – PMI
LONDON – Business activity in the euro zone accelerated last month as the bloc’s dominant services industry took advantage of a further loosening of COVID-19 restrictions, offsetting a near-stall in manufacturing output…
Makers of Dawn dish soap, Heinz ketchup, Clorox boost defenses against store brand rivals
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON – The makers of brand-name products such as Tide detergent and Kraft Macaroni & Cheese are bolstering their defenses against store-brand rivals like Walmart…
Telefonica turns to Israel’s high-tech to boost consumer portfolio
By Steven Scheer JERUSALEM – Spain’s Telefonica, Europe’s third-largest telecoms company, aims to increase investments in Israel’s high-tech sector this year, including in e-health and other consumer-facing business, a senior official said.…
Vietnam, Japan agree to boost trade, security ties
By Khanh Vu and Elaine Lies HANOI – Japan and Vietnam agreed on Sunday to boost economic and security ties while calling for an end to the war in Ukraine, Japanese Prime…
N.Korea’s Kim vows to boost nuclear arsenal as parade shows ICBMs
By Josh Smith and Hyonhee Shin SEOUL -North Korean leader Kim Jong Un has pledged to speed up development of his country’s nuclear arsenal while overseeing a huge military parade that displayed…
China will step up infrastructure construction to boost growth – President Xi
BEIJING – China will step up infrastructure construction to boost domestic demand and drive economic growth going forward, state TV reported on Tuesday, citing a top economics meeting chaired by President Xi…
U.S. EXIM Bank approves ‘Make More in America’ initiative to boost manufacturing
WASHINGTON – The U.S. Export-Import Bank’s board on Thursday voted to approve a new tool aimed at boosting U.S. manufacturing, strengthening closing critical supply chain gaps, and supporting American jobs, the U.S.…
Reducing inequality, hiking minimum wage could boost U.S. economy -White House
By Andrea Shalal WASHINGTON – Boosting enforcement of antidiscrimination and antitrust laws, raising the federal mininum wage and higher unionization rates could substantially boost U.S. economic growth, a new report by President…
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