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…
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 of South Carolina said in an interview…
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 a post-pandemic recovery-led earnings rebound, investors 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 billion to boost its portfolio of generic…
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 in the world’s largest auto market. “Our…
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 720,200. The result was particularly boosted by…
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 production with the goal of accelerating a…
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 a rebound in oil prices, but wrapped…
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 exchange reserves, the investment minister said on…
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 contractor said on Thursday. The rejig comes…
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 truckers, shippers, wholesalers, retailers and other businesses…
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 software in a tough economy. Rising interest…
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 in the South American country, three sources…
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 tightening cycle, have embraced the safety of…
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 said in a statement on Thursday, its…
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 of any mayor in Ocean County. Hill…
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 South Korean President Yoon Suk Yeol. (Reporting…
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 air safety after a series of close…
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 the teeth,” the chair of a committee…
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 large chunk of which will help double…
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 capital and insurance markets, a move 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 hit from bigger provisions. A surge in…
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 from the interest charged on loans. That…
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 officials are worried about weak demand despite…
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 Emirates (U.A.E.) are among the Gulf states…
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 the U.S. regional lender’s net interest income…
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