Higher interest rates boost hedge fund stock borrowing to record high – Goldman
By Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said in a note to clients …
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Shanghai invites GM to boost investment, R&D in city
SHANGHAI/BEIJING (Reuters) -Shanghai has invited General Motors to boost investment and research and development in the city, the city government said on Wednesday. Shanghai looked …
U.S. silicon photonics chip startup Ayar Labs gets AI funding boost
By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley chip startup Ayar Labs raised another $25 million after its latest funding round closed, as …
Analysis-US retailer holiday orders should boost transport demand, but risks loom
By Lisa Baertlein LOS ANGELES (Reuters) – The slumping U.S. transportation sector could be bouncing off a bottom as retailers start preparing for the back-to-school …
Prominent Dem Rep Comes Right Out And Says DNC Moved The Primaries To Boost Biden
Prominent Dem Rep Comes Right Out And Says DNC Moved The Primaries To Boost Biden Harold Hutchison on May 19, 2023 Democratic Rep. James Clyburn …
China reopening, earnings rebound to boost North Asian equities -investors
By Anisha Sircar and Divya Chowdhury (Reuters) – Equity markets in North Asia will outperform the broader region this year, buoyed by China’s reopening and …
HEICO to buy Wencor for $2 billion to boost aircraft generic parts portfolio
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Aerospace supplier HEICO Corp said on Monday it will buy Wencor Group in a deal valued at $2.05 …
Ford says it will reduce costs to boost China business
SHANGHAI/BEIJING (Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover from a long sales slump …
Volkswagen’s April deliveries jump 39% thanks to China boost
(Reuters) – Volkswagen’s said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of vehicles shipped worldwide that month to …
Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) – Chevron Corp’s renewed oil operations in Venezuela begin a new phase next month that will boost …
European shares rise as energy firms, HSBC boost; end second straight week lower
By Shreyashi Sanyal (Reuters) -European shares ended Friday on solid ground aided by a boost in shares of HSBC and from energy firms that tracked …
Vietnam central bank bought $4.9 billion in first 4 months to boost reserves – minister
HANOI (Reuters) – Vietnam’s central bank bought $4.9 billion from credit institutions in the first four months of this year to shore up its foreign …
Lockheed realigns space business to boost efficiency
(Reuters) – Lockheed Martin is realigning its space business operations, transitioning from five lines of business to three to enhance speed and effectiveness, the defense …
Biden administration ramps up data exchange program to boost US supply chains
By David Shepardson WASHINGTON (Reuters) – The Biden administration on Tuesday said it was ramping up a program to address supply chain issues by getting …
Freshworks tops revenue estimates as lower-priced offerings boost demand
(Reuters) – Freshworks Inc beat quarterly revenue estimates on Tuesday and posted its first adjusted operating profit as more businesses sought its lower-priced customer engagement …
Chevron export earnings boost supply of US dollars in Venezuela -sources
By Mayela Armas CARACAS (Reuters) – Some of U.S. oil major Chevron Corp’s export earnings from its Venezuela operations are bolstering supplies of U.S. dollars …
Bond investors fearing recession, boost safety bets ahead of FOMC
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors, fearing a recession is around the corner and preparing for an end of the Federal Reserve’s …
Starbucks operator Alsea posts profit bump on sales boost
MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea posted a 12% bump in net profit for the first three months of this year, the company …
Mo Hill using taxpayer funds to boost political campaign, Toms River councilman claims
TOMS RIVER, NJ – When it comes to public relations, there’s no denying that Toms River Mayor Maurice Hill has the biggest annual PR budget …
U.S. and South Korea agreed to boost economic partnerships in chips, EVs, batteries
WASHINGTON (Reuters) – South Korea and the U.S. agreed to boost economic partnerships in critical technology industries such as microchips, electric vehicles and batteries, said …
U.S. FAA names independent safety review team to boost air safety
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) on Wednesday named an independent safety review team to look at ways to boost …
US war game on Taiwan shows need for ‘decisive action’ to boost arms
By Michael Martina WASHINGTON (Reuters) – A U.S. congressional war game simulating a Chinese invasion of Taiwan showed the need to arm the island “to …
Italy’s Prada to invest 60 million euros to help boost production capacity
By Elisa Anzolin VALVIGNA, Italy (Reuters) – Italy’s Prada is planning to spend 60 million euros ($66 million) on industrial capital investments this year, a …
Brazil’s government takes measures to boost consumer and capital market credit
BRASILIA (Reuters) – Brazil’s government announced a package of 13 measures on Thursday to ease consumer access to credit and reduce associated costs in the …
Huntington Bancshares beats profit estimate on interest boost
(Reuters) – Huntington Bancshares Inc on Thursday reported a first-quarter profit that narrowly beat analysts’ estimates, as a boost from higher interest rates offset a …
U.S. Bancorp beats profit estimates as higher rates boost interest income
(Reuters) – U.S. Bancorp (USB) on Wednesday beat estimates for first-quarter profit as rapid rate hikes from the Federal Reserve helped the lender earn more …
China says drafting plans to boost recovery, expansion of consumption
BEIJING (Reuters) – China is formulating plans to boost the recovery and expansion of consumption, the state planner’s spokesperson Meng Wei said on Wednesday, signaling …
US Allies Snap Up Russian Oil, Sell Their Own To Boost Profits
US Allies Snap Up Russian Oil, Sell Their Own To Boost Profits John Hugh DeMastri on April 17, 2023 Saudi Arabia and the United Arab …
PNC Financial beats profit estimates on boost from higher interest rates
(Reuters) – PNC Financial Services Group reported an 18.5% rise in first-quarter profit on Friday, as the Federal Reserve’s rate hikes fueled a surge in …
Exclusive-Kenya expects $1.2 billion Q2 financing boost, seeks fresh IMF funds
By Jorgelina do Rosario and Joe Bavier WASHINGTON (Reuters) – Kenya expects at least $1.2 billion in financing inflows between April and May and is …
Taliban aim to boost Afghan security forces, anti-aircraft capacity -army chief
By Mohammad Yunus Yawar KABUL (Reuters) – Defence has received the largest share of funds in Afghanistan’s budget as the Taliban government aims to boost …
Cameroon aims to boost export revenues, rejoin AGOA – minister
WASHINGTON (Reuters) – Cameroon is working to boost export revenues to fend off a potential debt crisis and has relaunched talks with the U.S. to …
Argentina looks to defuse economic timebomb with soy export boost
By Anna-Catherine Brigida and Walter Bianchi BUENOS AIRES (Reuters) – Argentina has patched up its wobbly economy with a so-called “soy dollar” preferential exchange rate …
Boeing plans to boost 737 jet output – Bloomberg News
(Reuters) – Boeing Co is planning to increase the output of its 737 jets to 38 planes a month by the middle of the year, …
Nearshoring bets boost Mexican real estate, transport shares
By Isabel Woodford MEXICO CITY (Reuters) – Investors optimistic about a potential Mexican nearshoring boom have been scooping up stocks in local real estate, transport …
Treasury’s Yellen unveils international pact to boost legal entities’ transparency
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday said she was launching a commitment between the United States and more than 20 foreign …
City That Defunded Its Police Gives Officers A $25 Million Boost
City That Defunded Its Police Gives Officers A $25 Million Boost Trevor Schakohl on March 22, 2023 San Francisco Mayor London Breed secured $25 million …
FAA to boost US air traffic control safety after close calls
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said on Thursday it was taking steps to improve its air traffic control operations …
China to boost support for high-end manufacturing – Premier Li
BEIJING (Reuters) – China will strengthen its policy guidance to support advanced manufacturing, Premier Li Qiang was quoted as saying by state radio on Wednesday. …
Taxpayer Advocate Says $80 Billion IRS Funding Boost Does Not Do Enough To Help Taxpayers
Taxpayer Advocate Says $80 Billion IRS Funding Boost Does Not Do Enough To Help Taxpayers Lorenzo Prieto on March 16, 2023 A key office within …
Exclusive-California bank PacWest Corp in talks to get liquidity boost -sources
By Anirban Sen and David French NEW YORK (Reuters) -PacWest Corp is in talks about a liquidity boost with Atlas SP Partners and other investment …
CNH Industrial buys Augmenta to boost crop treatment accuracy
MILAN (Reuters) – Italian-American vehicle maker CNH Industrial has acquired U.S. company Augmenta, valuing its strategic partner at $110 million, in a bid to help …
New Zealand government to boost financial support for 1.4 million people
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government is boosting financial support for around 1.4 million citizens as it tries to offset three-decade …
India, Australia aim to boost critical mineral trade in broader deal – ministers
NEW DELHI (Reuters) – India and Australia aim to expand trade in critical mineral to help them achieve their goals on reducing carbon emissions, as …
U.S. Supreme Court seeks funding boost to protect the justices
By Nate Raymond (Reuters) – The U.S. Supreme Court is asking Congress to approve $5.9 million in new funds to bolster the protection of the …
Italy to boost multiple-vote shares to support Milan bourse, sources say
By Giuseppe Fonte ROME (Reuters) – Italy plans to enhance voting rights to persuade entrepreneurs to float their businesses in Milan without worrying about losing …
India, Australia aim to boost economic, defence ties at first summit of PMs
By Krishn Kaushik and Kirsty Needham NEW DELHI/SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese arrives in India on Wednesday seeking to strengthen the new …
Biden assembles team of allies to boost re-election campaign
By Jarrett Renshaw and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden’s team is moving to tap top Democratic allies and even some people …
Americanas’ top shareholders boost injection offer to $1.9 billion -Bloomberg News
(Reuters) – The top shareholders of retailer Americanas SA are informally offering a capital injection of 10 billion reais ($1.9 billion), Bloomberg reported on Thursday, …
Ten EU members call for single market overhaul to boost competitiveness
By Jan Strupczewski BRUSSELS (Reuters) – Ten European Union countries called on Wednesday for an overhaul of the EU’s single market to make the bloc …