Traders boost bets Fed will keep rates on hold this year
(Reuters) – Despite a stronger-than-expected reading for third-quarter U.S. economic growth, traders on Thursday added to bets the Federal Reserve will keep policy on hold …
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Honeywell beats profit estimates on aviation boost
(Reuters) – Honeywell International Inc on Thursday posted a better-than-expected quarterly profit, helped by strong performance in its aviation unit. Sales at the company’s aerospace …
Explainer-What would Japanese intervention to boost the weak yen look like?
By Leika Kihara TOKYO (Reuters) – Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as investors eye prospects of …
Amazon analysts expect same-day delivery to boost margins in Q3
By Arriana McLymore NEW YORK (Reuters) – Investors will look for signs that Amazon’s aggressive expansion of same-day delivery services helped increase its third-quarter profit …
Biden officials set $3 billion bank deposit, procurement goals to boost minority firms
By David Lawder WASHINGTON (Reuters) – The Biden administration on Wednesday urged big companies to deposit another $2 billion into U.S. community lenders to boost …
Exclusive-Vietnam eyes China model to seek index upgrade, boost investment
By Francesco Guarascio HANOI (Reuters) – Vietnam is planning to relax its stock market settlement procedures for foreign investors, a critical measure to convince equity …
US, European bellwethers best expectations, boost investor confidence
By David Gaffen (Reuters) – A broad swath of global industrial and consumer bellwethers reported stronger-than-expected earnings in their most recent quarter, as resilient spending …
Canada August retail sales down 0.1%, boost expectations of rate pause
OTTAWA (Reuters) – Canadian retail sales fell by 0.1% in August from July and look set to stay flat in September, Statistics Canada said on …
Virginia Beach To Step Up Traffic Enforcement to Boost Road Safety This Weekend
VIRGINIA BEACH, VA – Starting Saturday, October 21, a heightened traffic enforcement initiative will be launched by the Virginia Beach Police Department (VBPD) to enhance …
Fears that China boost for L’Oreal’s beauty label sales may not last
By Mimosa Spencer PARIS (Reuters) – L’Oreal’s stable of skincare and cosmetics labels, including L’Oreal Paris, SkinCeuticals and CeraVe, will likely give a solid lift …
US retail sales beat expectations in boost to third-quarter GDP growth expectations
WASHINGTON (Reuters) -U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants and …
EU urges reforms, single market in Western Balkans to boost membership bids
TIRANA (Reuters) – The European Union wants to bring six Western Balkan countries closer to membership of the bloc but wants them first to implement …
World Bank, multilateral development banks jointly seek to boost lending power
MARRAKECH, Morocco (Reuters) – The World Bank on Friday said it is bolstering collaboration with nine multilateral development banks (MDBs) to accelerate its vision of …
Asset managers boost ETF assets via active fund launches, conversions
By Suzanne McGee (Reuters) – Large, established asset managers that have been slow to cash in on investor demand for exchange-traded funds are now trying …
Money now, shares later: more IMF countries voice support for pragmatic IMF funding boost
By David Lawder MARRAKECH, Morocco (Reuters) – Support increased on Wednesday for the U.S.-backed call to boost the International Monetary Fund’s quota lending resources without …
Phil Murphy’s Clean Energy Agenda Gets Major Financial Boost from Federal Tax Dollars
TRENTON, NJ – New Jersey Governor Phil Murphy is aiming for a carbon-free electrical grid and a total ban on the sale of gasoline-powered consumer …
China’s Sept new yuan loans seen jumping on policy boost- Reuters poll
BEIJING (Reuters) – China’s new yuan lending is expected to jump in September after a surprising surge in August, a Reuters poll showed, as the …
Explainer-What would Japanese intervention to boost the weak yen look like?
By Leika Kihara TOKYO (Reuters) – Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as investors eye prospects of …
Hungary raises deficit gap, puts pressure on banks to boost lending
BUDAPEST (Reuters) – Hungary’s government has raised the 2023 budget deficit target to 5.2% of economic output from 3.9%, the finance ministry said on Tuesday, …
Asian Development Bank unveils capital moves to boost lending by $100 billion over a decade
By David Lawder (Reuters) – The Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock $100 billion in new financing capacity …
US telecom agency says it could boost authority over Huawei, ZTE equipment
By David Shepardson WASHINGTON (Reuters) -Federal Communications Commission Chair Jessica Rosenworcel said on Thursday the agency’s proposal to reinstate net neutrality rules could give it …
IMF sees signs China stabilizing, says reforms can boost medium-term growth
WASHINGTON (Reuters) -The International Monetary Fund said on Thursday it sees some signs of stabilization in China’s economy from recent data, but believes the country …
Russian trade, remittances boost Central Asia growth prospects – EBRD
By Jorgelina do Rosario LONDON (Reuters) – Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks …
Uber partners with California taxi operators to boost supply
(Reuters) – Uber Technologies is partnering with Los Angeles Yellow Cab and its affiliates to increase the supply of taxis on the ride-hailing giant’s platform, …
Hedge funds boost bearish bets on US equities amid market jitters
By Carolina Mandl NEW YORK (Reuters) – Hedge funds increased their bearish bets mainly on U.S. stocks last week when the major stock indexes plunged, …
Do You Know Him? Police Search for Suspect Boosting at Multiple Boost Mobile Stores
PHILADELPHIA, PA – On Thursday, at 5:55 pm, an unidentified black male robbed the Boost Mobile store located at 2152 Ogontz Ave. The same individual …
Thailand plans higher borrowing in 2024 to boost economy – sources
BANGKOK (Reuters) -Thailand’s new government plans to borrow about 2.4 trillion baht ($66.4 billion) for the fiscal year 2024 starting on Oct. 1, up 9% …
Canada’s Trans Mountain pipe expansion to disrupt oil flow to US, boost prices
By Nia Williams and Stephanie Kelly CALGARY (Reuters) – Canada’s Trans Mountain oil pipeline expansion (TMX), which will nearly triple the flow of crude from …
China’s central bank set to boost liquidity but keep policy rate steady
SHANGHAI (Reuters) – China’s central bank is expected to boost liquidity while keeping the borrowing cost steady when rolling over its medium-term policy loans on …
Lithium tech developers eye ways to boost water recycling
By Ernest Scheyder PITTSBURGH (Reuters) – The mining industry is working to boost freshwater recycling while also developing direct lithium extraction (DLE) technologies as it …
Chinese titanium producers expect boost from new iPhone
BEIJING (Reuters) – China’s titanium producers said on Wednesday they expect stronger demand for the lightweight metal after the launch of a new model of …
Airlines say US must boost air traffic control staffing
By David Shepardson WASHINGTON (Reuters) – U.S. airlines on Tuesday expressed growing frustration with Federal Aviation Administration air traffic control staffing (ATC) shortages, which have …
U.S. Dept of Defense signs deal to boost domestic nickel production
(Reuters) – The U.S. Department of Defense on Tuesday entered into a $20.6 million agreement with a subsidiary of Canada’s Talon Metals Corp to increase …
Malaysia to ban export of rare earths to boost domestic industry
By A. Ananthalakshmi and Mai Nguyen KUALA LUMPUR (Reuters) -Malaysia will develop a policy to ban exports of rare earth raw materials to avoid exploitation …
IMF urges pact to boost its resource quota, strengthen world economy
By Swati Bhat NEW DELHI (Reuters) – It is vital to increase quota resources for the International Monetary Fund (IMF) before year-end, its chief, Kristalina …
Imbue raises $200 million at over $1 billion valuation in AI funding boost
(Reuters) – AI research lab Imbue has raised $200 million in a Series B funding round, which included participation from Astera Institute and Nvidia, at …
Australia economy gets a boost from visitors, infrastructure splurge
By Wayne Cole SYDNEY (Reuters) – Australia’s export volumes jumped in the June quarter as foreign visitors swarmed the country, data showed on Tuesday, offsetting …
UK consumer spending growth slows in August despite ‘Barbenheimer’ boost
By David Milliken LONDON (Reuters) – British consumer spending growth lost pace last month, adding to signs of a weakening economy, despite a doubling in …
‘The boom is over’: Venezuelans lament end of brief dollarization boost
By Mayela Armas CARACAS (Reuters) – When Venezuela’s economy was showing tentative signs of recovery in 2020, Enrique Perrella thought it was time to open …
Brazil forecasts revenue boost to wipe deficit in 2024
BRASILIA (Reuters) – Brazil’s government outlined an ambitious plan to rescue its public accounts from deficit which hinges on securing 168.5 billion reais ($34 billion) …
Idalia to boost Florida apartment insurance costs further
By Matt Tracy (Reuters) – Hurricane Idalia is expected to increase insurance costs for Florida commercial real estate (CRE), particularly owners of apartments and other …
Exclusive-Brazil’s Petrobras plans China subsidiary in push to boost ties, CEO says
By Marta Nogueira RIO DE JANEIRO (Reuters) – Petrobras plans to create a Chinese subsidiary, Chief Executive Jean Paul Prates told Reuters, as Brazil’s state-run …
Analysis-Grayscale victory big boost for decade-long spot bitcoin ETF push
By Hannah Lang and Chris Prentice WASHINGTON (Reuters) – A court ruling siding with Grayscale Investments is a big boost for the cryptocurrency industry’s decade-long …
Japan has no plans to boost funds to ease reputation damage from Fukushima water release
TOKYO (Reuters) – Japan’s industry minister said on Wednesday the government had no plan to substantially boost funds aimed at helping the fishing industry hit …
Key US jobs data boost Fed’s ‘soft-landing’ hopes
By Howard Schneider WASHINGTON (Reuters) – Key U.S. jobs data began approaching pre-pandemic levels in July, a sign of the sort of employment market cooling …
China approves guidelines to boost affordable housing amid property debt crisis
BEIJING (Reuters) -China’s cabinet on Friday approved guidelines for planning and construction of affordable housing at a meeting chaired by Premier Li Qiang, state media …
Gas-electric hybrid vehicles get a boost in the US from Ford, others
By Paul Lienert and Ben Klayman DETROIT (Reuters) – Hybrid gasoline-electric vehicles may not be dying as fast as some predicted in the auto sector’s …
Italian tourists flock to Albania in key boost for economy
By Fatos Bytyci and Florion Goga SARANDA, Albania (Reuters) – A waiter in an Albanian restaurant in the coastal resort town of Saranda apologised to …
EXCLUSIVE: Americans Overwhelmingly Back Cutting Regulations To Boost Energy Production, Poll Shows
EXCLUSIVE: Americans Overwhelmingly Back Cutting Regulations To Boost Energy Production, Poll Shows Nick Pope on August 23, 2023 An overwhelming majority of Americans support the …
Australia to buy U.S. Tomahawk missiles to boost long-range strike capability
By Renju Jose SYDNEY (Reuters) – Australia will spend A$1.3 billion ($833 million) to boost its long-range strike capabilities as it finalised on Monday a …