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…
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 races to reinvent how the battery metal…
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 Apple’s iPhone with a titanium shell. Production…
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 snarled flights and forced regulators to extend…
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 domestic production of Nickel. The deal would…
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 and loss of resources, Prime Minister Anwar…
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 Georgieva, said on Sunday, while urging members…
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 a valuation of over $1 billion, the…
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 softness in household consumption and providing a…
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 cinema takings after the release of the…
‘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 a cafe in eastern Caracas serving coffee,…
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) in extra revenue, according to the 2024…
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 multifamily properties already grappling with soaring premiums…
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 oil firm pushes to strengthen relations with…
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 effort to launch an exchange-traded fund that…
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 by reputation damage from the release of…
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 Federal Reserve officials hope can lower inflation…
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 Xinhua news agency reported. The Chinese property…
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 rush to develop all-electric models. Ford Motor…
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 newly arriving customers that little or nothing…
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 idea of tearing up regulations to boost…
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 deal to buy more than 200 Tomahawk…
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 well as cost inflation from a weaker…
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 a positive note, data from Eurostat showed…
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 on Tuesday, meant to expand the company’s…
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 price pressures boost consumption while receding fears…
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