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…
Truss’s ‘yes’ boosts Macron’s new European forum initiative
By Michel Rose and John Irish PARIS (Reuters) – UK Prime Minister Liz Truss’s decision to join the inaugural summit of a pan-European grouping this week has given a boost to the…
Facing talent shortage, Taiwanese chip test firm ASE boosts automation
By Sarah Wu TAIPEI (Reuters) – Taiwan’s ASE Technology Holding Co Ltd, one of the world’s largest semiconductor testing and packaging firms, said on Wednesday that it would build a more advanced…
Lula slightly boosts lead over Bolsonaro ahead of Brazil first round -poll
SAO PAULO (Reuters) -Brazil’s presidential frontrunner Luiz Inacio Lula da Silva slightly boosted his lead over incumbent President Jair Bolsonaro to 14 percentage points in a poll published on Thursday by pollster…
IHC’s $2.15 billion Nutresa bid boosts shares in Colombian conglomerate GEA’s companies
BOGOTA (Reuters) – Shares in companies that are part of Colombia’s largest conglomerate GEA rose on Wednesday after Abu Dhabi-based investor International Holding Company (IHC) launched a bid to buy a stake…
White House Report Bashes Crypto, Boosts Fed-Controlled ‘Digital Currency’
White House Report Bashes Crypto, Boosts Fed-Controlled ‘Digital Currency’ John Hugh DeMastri on September 16, 2022 The White House today criticized the volatility and lack of transparency amongst decentralized cryptocurrencies, and promoted…
Cheniere Energy boosts buyback, earnings forecast
(Reuters) -The largest U.S. liquefied natural gas exporter, Cheniere Energy Inc, on Monday raised its earnings outlook and laid out plans to pay higher dividends and share repurchases while adding to its…
Australia current account surplus balloons in Q2, boosts growth
By Wayne Cole SYDNEY (Reuters) – Australia’s current account surplus widened sharply in the June quarter as resource exports were boosted by both prices and volumes, making a sizable contribution to economic…
Berkshire Hathaway boosts Occidental Petroleum stake above 20%
By Jonathan Stempel August 8 – Warren Buffett’s Berkshire Hathaway Inc bought more shares of Occidental Petroleum Corp, surpassing the 20% stake where it could record some of the oil company’s earnings…
U.S. Navy boosts aspiration for large unmanned fleet
By Mike Stone WASHINGTON – The U.S. Navy sees its future fleet comprised of more than 350 manned ships and about 150 unmanned ships hoping technology means lower operating costs as it…
US power/natgas prices soar as heat wave boosts air conditioning use
(Reuters) – U.S. power and natural gas prices spiked in several regions on Thursday as homes and businesses cranked up air conditioners to keep cool as a brutal heat wave blanketed most…
Plagued by default fears, Russian e-commerce player Ozon boosts spending
(Reuters) – Flagging escalating fears it may default on some corporate debt, Russian e-commerce player Ozon said it has increased its capital expenditure and seen free cash flow turn negative as it…
Goldman Sachs boosts recruiting team in push to meet diversity goals
By Carolina Mandl NEW YORK – Goldman Sachs Group Inc has doubled its diversity recruiting team and increased its budget by $10 million to help meet its goals to add more women,…
German investor Kuehne boosts stake in Lufthansa to 10%
ZURICH – German logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Germany’s flag carrier Lufthansa to 10%, Kuehne Holding AG said in a statement on Monday. Kuehne, 84, had earlier boosted…
Mexican startup Stori boosts investments as it targets the unbanked
By Valentine Hilaire MEXICO CITY – Fintech Stori, whose credit cards target the overwhelming majority of Mexicans who lack any kind of formal credit, said on Tuesday it plans to invest $175…
Yum China boosts buyback plan by $1 billion
– Yum China Holdings Inc said on Thursday its board had raised the restaurant chain’s share repurchase plan by $1 billion to $2.4 billion. Shares in Yum China, which operates KFC, Pizza…
CF Industries boosts U.S. fertilizer shipments as war cuts Russian exports
By Tom Polansek CHICAGO – CF Industries Holdings is increasing fertilizer shipments to both U.S. coasts from the world’s largest nitrogen complex in Louisiana to help offset a decline in exports from…
France boosts economic support to ease Ukraine crisis fallout
PARIS – The French government presented on Wednesday a new round of measures to help households, companies, farmers and fishermen cope with the economic fallout from Russia’s invasion of Ukraine. “We have…
Cannabis Fintech Provider Shield Compliance Boosts Market Leadership
Demand for cannabis banking services continues to grow, creating new revenue opportunities for financial institutions. SEATTLE, March 16, 2022 — Shield Compliance (https://www.shieldbanking.com/), a compliance management solution for cannabis banking, continues its rapid…
Exclusive: India boosts fertiliser imports from Canada, Israel as Russian supply disrupted
By Nidhi Verma and Rajendra Jadhav NEW DELHI – India is boosting fertiliser imports from nations including Canada and Israel to ensure sufficient supplies for the coming summer sowing season after the…
Kering boosts eyewear division with Maui Jim label
By Mimosa Spencer PARIS – Gucci owner Kering is bolstering its high-end eyewear division with a deal to buy U.S.-based label Maui Jim, the French luxury group said Monday. European luxury companies…
Factbox-U.S. approves Ukraine aid, boosts military and domestic spending
WASHINGTON – Congress approved $13.6 billion in aid to Ukraine on Thursday as part of a $1.5 trillion spending bill that funds U.S. government operations through Sept. 30. President Joe Biden is…
Lifting of COVID curbs boosts German private sector in Feb – PMI
BERLIN – Activity in Germany’s services sector grew further in February as the country began loosening the COVID containment measures that had pressured its economy in late 2021, although the Ukraine crisis…
Biden Boosts Australian EV Company, Continues To Ignore Tesla
President Joe Biden hosted leaders of Australian electric car charging and software company Tritium on Tuesday, highlighting the company’s new manufacturing plant in Tennessee. The president applauded the company, which was founded…
Strong domestic demand boosts German industrial orders in December
BERLIN -German industrial orders grew more than expected in December, data showed on Friday, with a boost from stronger domestic demand a cause for optimism for the growth outlook of Europe’s largest…
Inflation Hits Another Multi-Decade High After Fed Boosts Projection
A key economic index used by the Federal Reserve to measure inflation surged to another 30-year high in August as Americans continued to experience sticker shock. The personal consumption expenditures (PCE) index…
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