US budget deficit hits record high for November on interest costs
WASHINGTON (Reuters) – The U.S. federal budget deficit jumped 26% in November from a year earlier to $314 billion, a record for the month and the highest since March, the…
WASHINGTON (Reuters) – The U.S. federal budget deficit jumped 26% in November from a year earlier to $314 billion, a record for the month and the highest since March, the…
By Jonathan Saul LONDON (Reuters) – The cost of shipping goods through the Red Sea is rising as Yemen’s Houthis step up attacks on ships they deem connected to Israel…
PARIS (Reuters) -Renault said on Thursday it aims to cut the production costs of its cars by as much as 50% in the next four years including by increasing the…
LOUISVILLE, KY – Brown-Forman Corporation, known for its Jack Daniel’s whiskey, revised its net sales forecast for 2024 downward on Wednesday. The adjustment comes as consumers increasingly opt for less…
(Reuters) – J.M. Smucker, which owns Jif peanut butter and Dunkin’ pre-made coffee, beat second-quarter profit expectations on Tuesday, helped by higher product pricing and easing input costs. Shares of…
By Marco Aquino LIMA (Reuters) – A dramatic and deadly attack on a gold mine in Peru on Saturday has thrown a spotlight on illegal miners and criminal gangs targeting…
By Anant Chandak BENGALURU (Reuters) – India’s manufacturing growth accelerated last month after a recent blip, supported by robust demand, according to a private survey that also showed input costs…
BOGOTA (Reuters) – Colombia’s health sector could see costs grow by 929 billion pesos ($234.7 million) in 2024 if the government’s proposed health reform is approved by Congress, the finance…
By Joe Bavier JOHANNESBURG (Reuters) – A senior Volkswagen executive involved in a global cost-cutting strategy said on Friday he was “very worried” about the future of the company’s operations…
By Ceyda Caglayan ISTANBUL (Reuters) – Turkish clothing manufacturers, the third-largest suppliers of apparel to Europe, face higher production costs and risk falling further behind their Asian rivals after the…
(Reuters) – Walt Disney said on Tuesday the new collective bargaining agreements with the Directors Guild of America, WGA and SAG-AFTRA will lead to increased costs to create content. The…
By Pete Schroeder NEW YORK (Reuters) – The Federal Reserve’s top bank watchdog defended its push to overhaul capital requirements, saying they would have a minimal impact on borrowing costs…
SHANGHAI/BEIJING (Reuters) – China’s central bank asked some lenders to cap interest rates on an interbank debt instrument this month, people with knowledge of the matter said on Friday, referring…
By Howard Schneider WASHINGTON (Reuters) – With gas prices and airfares falling it will be cheaper for Americans to get to Grandma’s or wherever they celebrate Thanksgiving this year, and…
(Reuters) -Domino’s Pizza Group on Thursday reported a fall in meal deliveries in the third quarter as customers cut back on ordering in as they grapple with higher living costs.…
FRANKFURT (Reuters) – The chief executive of Hapag-Lloyd, the world’s number five container line, on Thursday said the company has cut services on key global routes in order to rein…
By Davide Barbuscia NEW YORK (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond market in 2020 and has recently undergone…
(Reuters) – Monster Beverage Corp beat estimates for third-quarter profit on Thursday, helped by higher pricing for its energy drinks and hard seltzers, sending the company’s shares up about 3%…
By Natalia Siniawski (Reuters) – Brazilian brewer Ambev SA on Tuesday reported a 19.3% jump in net profit on an organic basis, lifting its shares as lower aluminum prices and…
By Francesco Guarascio HANOI (Reuters) – Vietnam is holding talks with chips companies with the aim of boosting investment in the country and possibly building its first chipmaking plant, or…
San Francisco Railroad Extension Costs A Whopping $4 Billion Per Mile Arjun Singh on October 27, 2023 The city of San Francisco is in the process of constructing a downtown-area…
STOCKHOLM (Reuters) – Sweden-based automaker Volvo Cars reported a rise in third-quarter operating earnings on Thursday driven by strong volumes and lower costs for semiconductors and raw materials. Volvo Cars,…
By Lisa Baertlein and Priyamvada C (Reuters) – Wall Street analysts expect United Parcel Service to report a sharp drop in third-quarter profit on Thursday as it absorbs significant costs…
SANTIAGO (Reuters) – The costs of large-scale copper mining in Chile kept rising due to lower production and rising service costs, a report from the state-run Chilean Copper Commission (Cochilco)…
TOKYO (Reuters) – Japan’s government will extend until the end of April next year subsidies aimed at curbing fuel prices, according to a draft of the government’s economic stimulus package…