Trump’s Truth Social Post Spurs Stock Surge, Boosts His Wealth By $500 Million
President-elect Donald Trump’s social media stock rebounded dramatically after a post on Truth Social, reportedly adding a half billion dollars to his net worth. Following a 42% drop since Wednesday’s peak, Trump…
Panama boosts security in Darien Gap to confront human traffickers
PANAMA CITY (Reuters) – Panama launched a police operation on Friday at its border with Colombia to fight organized crime and human smuggling linked to the growing flow of migrants crossing the…
Green Activists Pressure Renewables Industry To Reject Permitting Reform That Boosts ‘Dangerous’ Fossil Fuels
Green Activists Pressure Renewables Industry To Reject Permitting Reform That Boosts ‘Dangerous’ Fossil Fuels John Hugh DeMastri on May 19, 2023 Dozens of climate activist groups are pressuring the renewable energy industry…
Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%. In a regulatory…
Record U.S. crude exports, rising shale output boosts oil flow to Houston
By Arathy Somasekhar HOUSTON (Reuters) – Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising output has absorbed most of the…
Netflix boosts Asian leads, lags in Latino roles – report
By Danielle Broadway LOS ANGELES (Reuters) -Netflix Inc has increased the number of Asian and women in lead roles, but still lags in representing Latinos, the disabled and women of color, a…
Airbus CEO – new China assembly plant boosts output goals
(removes extraneous words from headline) BEIJING/PARIS (Reuters) – Plans for a new Airbus assembly line in China, announced during a visit to Beijing by French President Emmanuel Macron on Thursday, will bolster…
Chile cenbank boosts GDP forecast for 2023 but lowers 2024 estimate
SANTIAGO (Reuters) – Chile’s central bank on Wednesday improved its expectations for the country’s economic growth this year but lowered estimates for 2024 as high inflation keeps hindering “sustainable” growth. The authority…
Russia boosts defences near Japan, accuses US of expanding Asia-Pacific presence
MOSCOW (Reuters) – Russia said on Wednesday that a division of its Bastion coastal defence missile systems had been deployed to Paramushir, one of the Kuril islands in the north Pacific, some…
Streaming boosts recorded music revenue, China market growing
LONDON (Reuters) – Global recorded music revenues rose 9% last year to $26.2 billion, with growth registered in every region and an increase in paid subscription streaming helping drive sales, a report…
Valentine’s Day spending boosts British retail sales in February – BRC
By Suban Abdulla LONDON (Reuters) – Valentine’s Day helped to boost British retail sales in February but volumes remained down on last year as households cut back on non-essential items, a survey…
China boosts Australian coal imports on hopes for more easing of curbs -traders, data
By Muyu Xu and Chen Aizhu SINGAPORE (Reuters) -Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed…
U.S. demand boosts L’Oreal fourth-quarter sales, China weighs
By Mimosa Spencer PARIS (Reuters) -L’Oreal posted 8.1% sales growth in the fourth quarter, a touch slower than in the previous three months, with firm demand in the United States and Europe…
Lockmaker Assa Abloy boosts dividend, but wary on outlook
STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profit forecasts on Friday, signalling its confidence even as it braces for an uncertain…
China boosts imports of fuel oil blended from Russian barrels
By Chen Aizhu and Jeslyn Lerh SINGAPORE (Reuters) – China’s independent refineries are ramping up imports of discounted fuel oil blended from Russian barrels to use as low-cost feedstock amid a shortage…
Bullish bets on Asian FX as easing of China COVID curbs boosts outlook – Reuters poll
By Tejaswi Marthi (Reuters) – Bullish bets on the Singapore dollar and the Malaysian ringgit further consolidated to scale five-year highs as a fizzling U.S. dollar rally and China’s pivot from its…
Airbus Helicopters boosts deliveries, pledges UK investment
LONDON (Reuters) – Airbus Helicopters on Wednesday posted a 2% rise in deliveries last year to 344 units, cementing its position as the world’s largest commercial helicopter maker as it booked a…
U.S. boosts depleted salaries of Lebanon security forces via U.N
By Maya Gebeily BEIRUT (Reuters) – The United States announced on Wednesday it would provide $72 million as cash stipends to Lebanon’s security forces through a bespoke United Nations programme after a…
US Quietly Boosts Military Training For Taiwan: REPORT
US Quietly Boosts Military Training For Taiwan: REPORT Micaela Burrow on January 20, 2023 The U.S. has secretly upgraded the National Guard’s training program for Taiwanese troops as concerns over China’s designs…
TUI: Luxury holiday demand boosts sales
BERLIN (Reuters) – Travel giant TUI reported on Friday a boost in demand for luxury holidays, driving sales for the winter 2022/23 period higher than they had been in the corresponding 2018/19…
Chocolate maker Barry Callebaut boosts investment in Canadian factory
ZURICH (Reuters) – Swiss chocolate maker Barry Callebaut is investing $70 million at one of its factories in Canada, the company said on Wednesday, its latest move to expand production in North…
State-backed Toshiba suitor boosts buyout fund size to $6 billion-plus
By Takaya Yamaguchi and Makiko Yamazaki TOKYO (Reuters) – Japan Investment Corp (JIC), a potential bidder for Toshiba Corp, has expanded the size of its buyout fund by 4.5 times to 900…
MENA to grow at 5.5%, fastest since 2016 as oil boosts Gulf – World Bank
By Yousef Saba DUBAI (Reuters) – The Middle East and North Africa region is expected to post economic growth of 5.5% in 2022, the fastest pace since 2016, before slowing to 3.5%…
U.S. military aid to Ukraine boosts risk of clash -Russian envoy
(Reuters) – Washington’s decision to send more military aid to Ukraine poses a threat to Moscow’s interests and increases the risk of a military clash between Russia and the West, said Anatoly…
Philippines’ 4-year high inflation boosts chances of more rate hikes
By Neil Jerome Morales MANILA (Reuters) – Philippine annual inflation quickened to 6.9% in September, hitting its fastest pace in four years, firming up expectations the central bank will hike rates further…
Buffett’s designated successor Greg Abel boosts Berkshire stake
By Jonathan Stempel (Reuters) – Greg Abel, who is next in line to succeed Warren Buffett as Berkshire Hathaway Inc’s chief executive, spent more than $68 million on the conglomerate’s shares last…
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