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 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 loans to minority and underserved businesses, and…
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 index managers to uprade the country to…
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 patterns kept profits afloat despite high interest…
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 Friday, cementing expectations that the Bank of…
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 road safety across the city. The initiative,…
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 to the company’s quarterly sales with purchases…
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 bars, cementing expectations that economic growth accelerated…
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 reform and create their own single market,…
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 a liveable planet free of poverty. It…
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 to grab a slice of the market…
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 shareholding changes, according to statements from various…
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 vehicles by 2035 and he’s getting a…
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 central bank strives to boost the economy’s…
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 higher-for-longer U.S. interest rates while the Bank…
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, citing increased spending on pensions, energy subsidies…
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 over 10 years as the lender expands…
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 new authority to force the removal of…
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 can accelerate growth over the medium term…
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 to rising trade and remittance flows from…
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, the company said on Tuesday. Uber has…
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, Goldman Sachs showed in a report. The…
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 is suspected of robbing the store on…
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% from the current year, according to market…
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 Alberta to Canada’s Pacific Coast beginning early…
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 Friday, a Reuters survey showed, after a…
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