Sherrill joins Dem chorus blaming Trump and Ciattarelli for skyrocketing energy costs under Phil Murphy
NEWARK, N.J. — Democratic gubernatorial candidate Mikie Sherrill joined a growing list of New Jersey Democrats Thursday in blaming President Donald Trump and GOP candidate Jack Ciattarelli for the state’s rising utility…
Carnival Corp posts smaller loss as it tightens control on costs
(Reuters) -Carnival Corp on Wednesday posted a smaller-than-expected quarterly loss as the cruise operator kept a tight lid on operating costs, sending its shares up about 7% in morning trade. Cruise operators…
Dutch inflation to stick around 5% as energy costs bite – central bank
AMSTERDAM (Reuters) – Inflation in the Netherlands is set to remain at a relatively high level of around 5% in the next two years as soaring energy costs feed into the prices…
Google Ad Manager outage costs big websites ad sales
By Paresh Dave OAKLAND, Calif. (Reuters) – A Google service relied upon by many large websites to sell and display ads was down for about three hours Thursday, denying major news publishers…
Marketmind: Bonds lap up crude, costs and Canada
A look at the day ahead in U.S. and global markets from Mike Dolan. The big consensus bet of 2023 is already in full swing – bonds are bid. Although they backed…
Swedbank sees income growth outpacing costs as eyes set on ROE boost
STOCKHOLM (Reuters) – Swedbank said on Tuesday it would grow average annual income by 3 percentage points more than costs as it looked to boost returns on equity by 2025, driven by…
‘Endemic Level Of Deception’: Most Colleges ‘Understate’ Tuition Costs When Offering Students Financial Aid
‘Endemic Level Of Deception’: Most Colleges ‘Understate’ Tuition Costs When Offering Students Financial Aid Alexa Schwerha on December 5, 2022 A significant chunk of colleges are understating tuition costs or fail to…
Strong sugar prices help Tereos offset high production costs
PARIS (Reuters) -French sugar group Tereos reported strong first-half results on Tuesday, including a net profit and a sharp rise in earnings, as high sugar and ethanol prices helped offset an increase…
Swedish prices have not risen more than motivated by costs, think tank says
STOCKHOLM (Reuters) – Swedish companies have not raised consumer prices by more than is motivated by the growing costs they face, a report published by the National Institute of Economic Research (NIER)…
Critical to ‘front-load’ aid to Ukraine as costs rise – IMF’s Georgieva
By Andrea Shalal NEW YORK (Reuters) – Damage from Russian attacks on Ukraine’s infrastructure are increasing the amount of aid the country needs “front-loaded” ahead of the harsh winter months, the head…
Salvation Army sees increase in need as New Jerseyans battle inflation, rising food costs
In what has become a holiday tradition, the Salvation Army has officially kicked off its annual Red Kettle fundraising campaign across New Jersey – and is issuing a rallying cry for Americans to “Love Beyond”. …
India’s first private rocket company looks to slash satellite costs
By Nivedita Bhattacharjee BENGALURU (Reuters) – The startup behind India’s first private space launch plans to put a satellite into orbit in 2023 and expects to be able to do so at…
Dell quarterly profit jumps on higher server demand, lower costs
(Reuters) – Dell Technologies Inc posted a 68% rise in quarterly operating profit on Monday, as strong demand for servers and network equipment cushioned weak PC sales and easing supply-chain pressures helped…
Nigeria’s debt service costs to remain elevated in medium term -Fitch
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s debt service costs will remain elevated in the short to medium term, which will hobble the country’s ability to use fiscal policy to support economic…
Colombia’s Grupo Argos Q3 net profit drops 9.2% after jump in costs
MEXICO CITY (Reuters) – Colombian industrial conglomerate Grupo Argos’ third-quarter net profit fell 9.2% from a year earlier, the company said Monday, following a jump in costs and expenses. The company, made…
Colombia’s Grupo SURA posts near-stable Q3 profit as revenues, costs grow
(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, stayed relatively stable in the third quarter compared to the year-ago period as both revenues and costs grew, the company said…
Brazil’s Cosan swings to loss on higher debt costs
SAO PAULO (Reuters) – Brazilian conglomerate Cosan SA reported a third-quarter net loss on Friday, swinging from a big profit in the same period last year, as the group paid higher interest…
Pfizer’s India arm posts profit jump on lower costs, price hikes
BENGALURU – Pfizer Ltd, the Indian arm of U.S. pharma giant Pfizer Inc, reported a rise in second-quarter profit on Friday, boosted by price hikes and lower input costs. Profit before tax…
Germany faces 10 billion euro rise in interest costs – committee document
BERLIN (Reuters) – The rising cost of borrowing and high inflation mean Germany’s federal government faces some 10 billion euros ($10.25 billion) more in interest payments than previously expected in 2023, a…
Brazil’s Magazine Luiza swings to loss, hit by higher borrowing costs
SAO PAULO (Reuters) – Brazilian retailer Magazine Luiza SA reported on Thursday an adjusted net loss of 146 million reais ($27.4 million), the company’s fourth straight quarterly loss as its bottom line…
Fetterman’s Stroke Costs Him 7 Points In The Polls
Fetterman’s Stroke Costs Him 7 Points In The Polls Arjun Singh on November 3, 2022 Democratic Lt. Gov. John Fetterman of Pennsylvania, who is running to be the state’s U.S. senator against…
Italy plans at least 15 billion euro package to tame energy costs in 2023 budget -sources
By Giuseppe Fonte ROME (Reuters) – Italy plans to set aside at least 15 billion euros ($14.6 billion) in its 2023 budget to soften the impact of sky-high energy costs on firms…
Inter IKEA posts 45% profit fall on costs, Russia
STOCKHOLM (Reuters) – IKEA franchiser Inter IKEA posted a 45% fall in pre-tax profit for the year through August to 931 million euros ($908 million) as it passed on some, but not…
BNP Paribas profit tops forecast despite higher costs, debt markdown
PARIS (Reuters) – BNP Paribas, the euro zone’s biggest lender, posted a higher than expected net profit in the third quarter, with trading revenues helping offset rising costs and markdowns on some…
Insurer AIG profit slumps on hurricane costs, lower investment returns
(Reuters) – Insurer American International Group Inc on Tuesday reported a more than 39% decline in quarterly profit as investment income fell by more than $1 billion and losses from Hurricane Ian…
SAS secures deals with two more lessors to cut aircraft costs
OSLO (Reuters) – Crisis-hit airline SAS said on Tuesday it had reached agreements with two more lessors representing seven aircraft in the company’s fleet to amend the terms of existing lease contracts.…
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