Paterson is a city in chaos, but it now has solar powered smart garbage bins complete with Mayor’s inscription
Smart trash cans – Paterson’s latest off-topic solution to a problem that is low on people’s minds Paterson, NJ — While residents in Paterson continue to face ongoing fears of future water…
Taiwan Q2 GDP to gain from chip exports, but face COVID headwinds – Reuters poll
TAIPEI – Taiwan’s trade-reliant economy is expected to have expanded on the back of strong global demand for computer chips, though COVID-19 lockdowns in top export market China and a surge in…
U.S. weighs jets for Ukraine but not near-term, White House says
WASHINGTON – The U.S. Department of Defense is considering whether it can send fighter jets to Ukraine in the future, a White House spokesman told reporters on Friday as the conflict with…
Airbus mulls fighter options but focuses on FCAS – CEO
By Tim Hepher FARNBOROUGH, England – Europe’s Airbus, locked in a dispute with Dassault Aviation over the next stage of a Franco-German-Spanish fighter project, is thinking about other options but is focused…
US Army Abandons Recruitment Goals, But Not Its Woke Policies
US Army Abandons Recruitment Goals, But Not Its Woke Policies Micaela Burrow on July 20, 2022 The Army cut its force size projections for 2022 and 2023 Tuesday in the midst of…
Italian PM Draghi wins confidence vote, but three parties snub motion
ROME – Italian Prime Minister Mario Draghi won a confidence motion in the upper house Senate on Wednesday, but three main coalition parties refused to take part in the vote, effectively torpedoing…
Protesters sombre after Wickremesinghe’s win in Sri Lanka, but some vow to fight on
By Alasdair Pal COLOMBO – Sri Lanka’s imposing presidential secretariat which was stormed by a sea of protesters in early July, forcing out then incumbent Gotabaya Rajapaksa, was almost deserted on Wednesday…
Big UK firms gird for a recession but still plan to invest-Deloitte
LONDON – Major British firms are preparing for a recession by focusing on cost-cutting but their investment plans remain strong which suggests they do not fear a severe downturn, according to a…
KKR has no plans to lead Toshiba bid, but could join a deal – sources
By Makiko Yamazaki, Scott Murdoch and Kane Wu TOKYO/HONG KONG – KKR & Co does not plan to lead a bid for Japanese conglomerate Toshiba Corp at this point, three people with…
EasyJet CEO: We’ve stabilised operations but melting runways don’t help
FARNBOROUGH, England – The chief executive of EasyJet said the low-cost airline had stabilised it flight operations after cutting its summer schedule last month, but melting runways and air traffic control (ATC)…
Privately issued but regulated digital currencies have benefits -cbank chiefs
By Alun John (Reuters) -Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, the Australian central bank governor said on…
SAS and striking pilots closer to deal but issues remain, mediator tells E24
STOCKHOLM – Crisis-hit airline SAS and unions have made progress on a new savings deal to end a 13-day pilots’ strike, but significant issues have yet to be resolved, a mediator told…
NYC Paid Teachers Millions For Failing ‘Biased’ Licensing Tests. But The Reasons Don’t Add Up
NYC Paid Teachers Millions For Failing ‘Biased’ Licensing Tests. But The Reasons Don’t Add Up Reagan Reese on July 15, 2022 Thousands of black and Latino teachers are getting a payout of…
Yellen sees some use for forex intervention, but not for competitive advantage
NUSA DUA, Indonesia – Emerging markets and low-income countries may benefit in some cases from capital flow management and foreign exchange intervention, but should not use such tools to gain an unfair…
U.S. producer prices accelerate in June, but underlying inflation slowing
WASHINGTON – U.S. producer prices increased more than expected in June amid rising costs for energy products, but underlying producer inflation appeared to have peaked. The producer price index for final demand…
Bank of Canada again hikes inflation forecast, eyes slower growth but no recession
OTTAWA, July 13 (Reuters)- The Bank of Canada on Wednesday dramatically upped its near-term inflation forecasts and said there was an increased risk of higher price gains becoming entrenched, as it slashed…
Biden: June inflation figures “unacceptably high” but out-of-date
WASHINGTON – U.S. President Joe Biden said June inflation figures were “unacceptably high” but also said they were out of date given the recent drop in gasoline prices. “Energy alone comprised nearly…
U.S. recession risk up, but returns set to improve – Vanguard
By Davide Barbuscia NEW YORK – Vanguard Group, the world’s second-biggest asset manager, said on Wednesday the U.S. economy had a growing chance of falling into recession in the next two years…
Shareholder ESG support down but not out, researchers say
By Ross Kerber (Reuters) – Average support for shareholder resolutions on environmental, social and governance (ESG) topics at U.S. companies dipped to 26.6% this year from 32% in 2021 as asset managers…
France sees weeks to save Iran nuclear deal, but U.S. sets no deadline
By John Irish and Arshad Mohammed PARIS/WASHINGTON -France’s new foreign minister said on Tuesday there were only a few weeks to revive Iran’s 2015 nuclear deal with world powers, although a senior…
EURO HYPOCRISY: Leaders Condemn Roe Reversal But Have Stricter Abortion Laws Themselves
EURO HYPOCRISY: Leaders Condemn Roe Reversal But Have Stricter Abortion Laws Themselves Max Keating on July 8, 2022 Members of the European Parliament voted to condemn the U.S. Supreme Court decision to…
Moody’s cuts Mexico’s credit rating by one notch, but improves outlook
MEXICO CITY – Moody’s Investors Service on Friday cut Mexico’s credit rating by one notch as it expects weak investment prospects and increased structural rigidities to constrain activity in Latin America’s second-largest…
Exclusive-Peru’s Las Bambas copper mine revives after protest; but deal talks stall – data, sources
By Marco Aquino and Adam Jourdan LIMA – Copper output at Peru’s huge Las Bambas mine has returned to normal levels after a two-month shutdown due to protests was ended last month,…
Ukraine says Western weapons making a difference, but needs more
By Tom Balmforth and David Gauthier-Villars KYIV – The Western supply of high-precision weapons is helping Ukraine slow down Russia’s invasion, but the volumes of weapons are not enough and soldiers need…
Bye bye Boris: UK PM Johnson bows out with regrets but no apologies
By Alistair Smout LONDON – Boris Johnson emerged to cheers from loyal lawmakers, his staff and wife but any sign of support from allies arranged around him for his resignation speech was…
Brazil real to firm, but pre-election fiscal loosening seen as risk – Reuters poll
By Gabriel Burin BUENOS AIRES – Brazil’s real is expected to firm over the next 12 months but will come under growing pressure from planned extra social spending against a complex economic…
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