Norway oil companies to boost investments, survey shows
OSLO (Reuters) – Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as …
Boost:
Industrial output jump gives euro zone growth small boost
FRANKFURT (Reuters) – The euro zone’s vast industrial sector rebounded in June, giving overall growth a small boost to end an otherwise weak quarter on …
Mexican fintech Klar lands $100 million debt line in loan book boost
By Kylie Madry (Reuters) – Mexican financial services startup Klar has received a $100 million debt facility from investment firm Victory Park Capital, it announced …
Asian companies earnings estimates get boost from consumption hopes
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Analysts are raising earnings estimates for Asian companies for the first time in four months as easing …
Analysis-US stock gains may grow elusive as boost from inflation slowdown wanes
By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel to propel further gains this …
Kim Jong Un Announces Military, Weapons Boost For ‘Overwhelming’ Retaliation Against ‘Hostile Forces’
Kim Jong Un Announces Military, Weapons Boost For ‘Overwhelming’ Retaliation Against ‘Hostile Forces’ Jake Smith on August 10, 2023 North Korean leader Kim Jong Un …
AI mania, financials and energy stocks boost hedge fund gains
NEW YORK (Reuters) – Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology, financials and energy stocks, data …
White House pushes US agencies to ‘aggressively’ boost in-person work
By David Shepardson WASHINGTON (Reuters) – The White House wants federal agencies to “aggressively” execute a shift to more in-person work starting next month, saying …
GM vows to boost jobs next year despite EV shift
By David Shepardson (Reuters) – General Motors said Friday it plans to boost employment next year despite concerns raised by autoworkers that the shift to …
Will Third Trump Indictment Boost Mike Pence’s Candidacy? Fat Chance, Experts Say
Will Third Trump Indictment Boost Mike Pence’s Candidacy? Fat Chance, Experts Say Mary Lou Masters on August 3, 2023 Former Vice President Mike Pence’s involvement …
National Bank to buy SVB’s Canada loan book to boost tech sector lending
By Nivedita Balu and Jaiveer Shekhawat (Reuters) -National Bank of Canada said on Tuesday it has agreed to buy collapsed U.S. regional lender Silicon Valley …
Japan’s megabanks eye BOJ boost after solid first quarter
By Makiko Yamazaki and Anton Bridge TOKYO (Reuters) -Two of Japan’s megabanks reported solid quarterly profits on Monday amid hopes the Bank of Japan’s (BOJ) …
Here Are The Three Senate Dems That Voted Against An Amendment To Boost US Uranium Independence
Here Are The Three Senate Dems That Voted Against An Amendment To Boost US Uranium Independence Nick Pope on July 27, 2023 Three Senate Democrats …
US card companies’ wager on China travel boost hit by economic gloom
By Manya Saini and Niket Nishant (Reuters) – Visa and Mastercard, which bet on China to boost travel spending, have had to contend with a …
China to boost credit support to consumer sector – regulator
BEIJING (Reuters) – China will guide banks to boost credit in the consumer service industry, its financial regulator said on Thursday, as authorities seek to …
Bank of Korea tweaks lending facility to boost liquidity
SEOUL (Reuters) – South Korea’s central bank said on Thursday its monetary policy board decided to reform its standing lending facility, a monetary policy tool …
Mexico announces plan with US to boost firearm tracing
MEXICO CITY (Reuters) – Mexico and the United States have agreed to step up oversight of arms trafficking with a system to electronically track firearms …
Brazil to begin taxing sports betting, aiming to boost revenues
BRASILIA (Reuters) – Brazil’s government issued an executive order on Tuesday to initiate taxation on sports betting, in line with a measure announced by President …
US restaurants set for second-half profit boost as costs ease, demand stays firm
By Deborah Mary Sophia (Reuters) – Restaurant chains including McDonald’s and Chipotle Mexican Grill are expected to report strong profits in the second half of …
China seeks to boost demand by pushing urban development – state media
BEIJING (Reuters) – China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to support the economy, state media …
Regions Financial’s quarterly profit meets estimates on net interest income boost
(Reuters) – Regions Financial’s second-quarter profit met Wall Street estimates on Friday, as higher interest income offset the drag from bigger provisions. Lenders have earned …
Mexico’s Banorte posts profit boost on insurance, trading units
By Carolina Pulice and Kylie Madry MEXICO CITY (Reuters) – Mexico’s Grupo Financiero Banorte reported on Thursday a 14% increase in second-quarter net profit, hitting …
US FAA, DOT tell government teleworkers to boost in-person work
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Aviation Administration and U.S. Transportation Department said on Thursday they expect teleworking government employees to boost …
PPG Industries raises forecast as higher prices boost quarterly results
(Reuters) – PPG Industries raised its full-year profit forecast on Thursday after beating second-quarter profit estimates as strong prices helped the industrial coatings maker offset …
Marsh McLennan beats Q2 profit estimates on interest income boost
(Reuters) – Marsh McLennan reported second-quarter profit above expectations on Thursday, bolstered by the higher interest the company earned from client funds. The company reported …
Japan Inc seen struggling to boost female executive ranks – Reuters poll
By Sam Nussey and Anton Bridge TOKYO (Reuters) – An overwhelming majority of Japanese firms think it would be difficult or impossible to fill at …
M&T Bank beats profit estimates as higher rates boost interest income
(Reuters) – M&T Bank Corporation beat Wall Street estimates for second-quarter profit on Wednesday, as the U.S. Federal Reserve’s rapid rate hikes to tame inflation …
Citizens Financial beats second-quarter profit estimates on interest income boost
(Reuters) – Citizens Financial Group reported a second-quarter profit that beat Wall Street estimates as lenders’ net interest income rose in a high-interest-rate environment. The …
Volkswagen’s efforts to boost valuation stifled by lack of succession plan
By Jan Schwartz and Victoria Waldersee HAMBURG/BERLIN (Reuters) – As Volkswagen regears its strategy around boosting stock market value, investors warned its efforts would be …
Southwest Airlines endorses plan to boost Washington Reagan flights
By David Shepardson WASHINGTON (Reuters) – Southwest Airlines said on Tuesday it will support legislation to add seven new round trip flights a day at …
Applied Materials aims to boost chip factory productivity with new tech
By Stephen Nellis SAN FRANCISCO (Reuters) – Applied Materials on Tuesday released its first major update to some of its core semiconductor manufacturing equipment in …
Hyundai launches small SUV in India to boost share as rivals gain ground
By Aditi Shah and Riddhima Talwani NEW DELHI (Reuters) – Hyundai Motor Co on Monday launched a small sport-utility vehicle (SUV) in India aimed at …
Wall Street wealth helps boost endowments at posh New York City private schools
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The endowments of New York City’s pricey private schools are flourishing thanks to a steady inflow of contributions …
German alternative Mastodon gets boost from newly restricted Twitter
BERLIN (Reuters) – Turmoil at Twitter following new limits to the amount of posts users can see appears to be driving a surge in activity …
China-Owned Car Company Could Get A Boost From Biden Tax Credits Meant To Help U.S. Automakers
China-Owned Car Company Could Get A Boost From Biden Tax Credits Meant To Help U.S. Automakers John Hugh DeMastri on July 2, 2023 The automotive …
Brands focus on stories in refining China livestreaming to boost profits
By Casey Hall SHANGHAI (Reuters) – When tech giant Apple joined China’s livestreaming frenzy, a major driving force of the e-commerce boom in the world’s …
EU proposes payments sector shake-up to boost fintechs
By Huw Jones LONDON (Reuters) -The European Union on Wednesday proposed making the payments sector more competitive, giving legal backing to a digital euro, and …
Taxpayers Shelled Out Millions To Boost Electric Vehicle Maker That Just Went Belly Up
Taxpayers Shelled Out Millions To Boost Electric Vehicle Maker That Just Went Belly Up Will Kessler on June 27, 2023 Electric Vehicle maker Lordstown Motors …
World Bank approves $700 million for Mexico to boost women’s economic opportunities
MEXICO CITY (Reuters) – The World Bank said it had approved on Friday a $700 million operation for Mexico to promote public policies to create …
Canada investing C$350 million to boost drive for sustainable aerospace industry
OTTAWA (Reuters) – Canada is investing C$350 million ($265 million) to help fund efforts to make the aerospace industry more environmentally sustainable, Innovation Minister Francois-Philippe …
World Bank green lights $500 million loan to boost Costa Rica’s budget
SAN JOSE (Reuters) – The World Bank approved a new $500 million loan to Costa Rica aimed at strengthening support for the government’s budget, according …
U.S. Dept of Defense signs deal to boost cobalt supply chains
(Reuters) -The U.S. Department of Defense (DoD) has entered into a $15 million agreement with the U.S. unit of Australian miner Jervois Global Ltd to …
Michigan Republicans to change 2024 nomination process, may boost Trump
By Nathan Layne (Reuters) – Republicans in Michigan approved a proposal on Saturday to select more than two-thirds of their state delegates for the party’s …
BlackRock Looks To Raise $7 Billion To Boost ‘Renewable Power’ Projects
BlackRock Looks To Raise $7 Billion To Boost ‘Renewable Power’ Projects John Hugh DeMastri on June 8, 2023 BlackRock, the world’s largest asset manager, is …
Another boost to U.S. earnings puts Q1 view at flat vs year ago -Refinitiv
NEW YORK (Reuters) – After a series of much stronger-than-expected results this reporting period, S&P 500 companies look like they will end up with first-quarter …
Global airlines group to boost focus on non-CO2 emissions
By Joanna Plucinska LONDON (Reuters) – Global airlines are setting up a task force to deal with non-carbon dioxide (CO2) emissions, stepping up efforts to …
GE eyes India boost as foreign travel spurs demand for bigger planes
By Aditi Shah NEW DELHI (Reuters) – General Electric’s aviation arm, already expecting to benefit from a boom in Indian domestic air travel, sees an …
Investors who showed Q1 bets on Nvidia may have got boost as it joined $1 trillion club
By Carolina Mandl NEW YORK (Reuters) – Nvidia Corp’s debut in the club of U.S. companies valued at $1 trillion on Tuesday may have given …
Singapore Airlines, Garuda Indonesia plan JV to boost passenger capacity
(Reuters) – Singapore Airlines Ltd and Garuda Indonesia plan to enter into a joint venture (JV) to increase passenger capacity between the two countries, the …
Marvell’s shares get AI boost a day after Nvidia’s surge
(Reuters) – Shares of Marvell Technology soared about 23% on Friday after the chipmaker became the latest to project a big surge in revenue from …