Senators demand emergency session over looming 37 percent health benefit hike for NJ public workers
New Jersey Senate Republicans are demanding an emergency legislative session to address a proposed 37% spike in public employee health premiums, warning of widespread consequences for taxpayers, municipalities, and school budgets if…
Activists Vandalize Famous Art Exhibit, Demand Biden Declare A ‘Climate Emergency’
Activists Vandalize Famous Art Exhibit, Demand Biden Declare A ‘Climate Emergency’ Alexa Schwerha on April 27, 2023 Editor’s note: This article has been updated to include comment from the National Gallery of…
Singapore private residential prices rise 3.3% in Q1, signals strong demand
(Corrects to restore dropped word in first paragraph) SINGAPORE (Reuters) – Singapore’s private property prices rose in the first quarter, official data showed on Friday, slightly higher than the flash estimate, reinforcing…
Northrop’s quarterly earnings beat estimates on weapon demand
(Reuters) – Northrop Grumman Corp beat first-quarter earnings expectations on Thursday, helped by higher sales of weapons amid heightened geopolitical tensions. Shares of the Virginia-based company were up 1.32% in premarket trading.…
Spain’s Acerinox tops profit forecast on U.S. demand
By Matteo Allievi and Natalia Siniawski (Reuters) – Spanish steelmaker Acerinox beat first quarter net profit expectations on Thursday, driven by growth in its U.S. operations, and forecast slightly better earnings in…
Eco-Activists Storm Biden Climate Czar’s Speech, Demand ‘No More Drilling’
Eco-Activists Storm Biden Climate Czar’s Speech, Demand ‘No More Drilling’ John Hugh DeMastri on April 26, 2023 Climate Defiance, an eco-activism group opposed to new oil and gas drilling, posted a pair…
C.H. Robinson misses quarterly estimates on softening freight demand
(Reuters) – C.H. Robinson Worldwide Inc missed Wall Street expectations for quarterly sales and profit on Wednesday, as the logistics company grapples with falling freight demand against the backdrop of an uncertain…
UK draws record 46.4 billion pounds of demand for new inflation-linked bond
By David Milliken LONDON (Reuters) – Britain received a record 46.4 billion pounds ($57.9 billion) in demand from investors at the launch of a new inflation-linked government bond which will mature in…
PACCAR overtakes analyst estimates on trucks, aftermarket parts demand
(Reuters) – Truckmaker PACCAR Inc on Tuesday beat first-quarter profit and revenue estimates as demand for its truck models and aftermarket parts remained strong, boosted by customers looking to replace ageing fleets.…
JetBlue forecasts second-quarter profit above expectations on robust demand
(Reuters) – JetBlue Airways Corp forecast a better-than-expected second-quarter profit on Tuesday as the low-cost carrier remains confident about a robust recovery in leisure and international travel. Shares of the airline rose…
‘Worried’ Weapons Makers Scrambling To Find Workers To Meet Ukraine-Fueled Demand
‘Worried’ Weapons Makers Scrambling To Find Workers To Meet Ukraine-Fueled Demand Trevor Schakohl on April 24, 2023 U.S. and European weapons manufacturing companies are struggling to hire enough staff to keep up…
U.S. company comments suggest upbeat demand despite gloomy forecasts
By Caroline Valetkevitch NEW YORK (Reuters) – Investors worried the U.S. could be on the brink of a recession may be relieved by some early comments from company executives this earnings season…
EU lawmakers demand obligatory hosting of migrants under looming overhaul
By Gabriela Baczynska BRUSSELS (Reuters) – European Union lawmakers voted on Thursday to require member countries to host some of the refugees and migrants coming to the bloc at times of high…
J.B. Hunt misses estimates on weak freight demand and higher maintenance expenses
(Reuters) – J.B. Hunt Transport Services Inc reported lower-than-expected quarterly earnings on Monday, hurt by weak shipping demand, high driver wages and maintenance expenses. Shares of trucking operator fell 2.43% to…
Big copper deals to take centerstage in Santiago as demand heats up
SANTIAGO (Reuters) – Global copper producers are converging in Chile this week for their largest gathering since 2019, with talks expected to center on the industry’s growing M&A wave amid surging demand…
Factbox-Tesla cuts more prices in a bid to spur demand
(Reuters) – Tesla Inc on Friday slashed prices of its electric vehicles in Europe, Israel and Singapore, extending a global discount drive it began in China in January while raising concern about…
Global money market funds see huge demand for a seventh straight week
(Reuters) – Global investors were big buyers in money market funds for a seventh straight period in the week to April 12 after a strong U.S. jobs report heightened expectations that the…
Turkey’s cenbank urges banks to avoid creating forex demand, bankers say
By Nevzat Devranoglu ANKARA (Reuters) – Turkey’s central bank has been urging banks in recent weeks to avoid steps that could create demand for foreign currency as May elections loom, and to…
China’s trade likely extended declines in March on weak demand: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s exports and imports likely extended their declines in March, a Reuters poll showed on Wednesday, as weakening global demand squeezed factory supply chains and order…
Bipartisan Lawmakers Demand Biden DHS Improve Crackdown On Uyghur Slave Labor
Bipartisan Lawmakers Demand Biden DHS Improve Crackdown On Uyghur Slave Labor Philip Lenczycki on April 11, 2023 The Congressional-Executive Commission on China (CECC) has asked the Department of Homeland Security (DHS) to…
U.S. power demand seen sliding 1% in 2023 on milder weather
(Reuters) – U.S. power consumption is expected to slip about 1% in 2023 from the previous year as milder weather slows usage from the record high hit in 2022, the U.S. Energy…
Elasticity of travel demand in focus as U.S. carriers report earnings
By Rajesh Kumar Singh CHICAGO (Reuters) – Major U.S. airlines are expected to reiterate the strength of travel demand when earnings season gets underway later this week. But with rising interest rates,…
JetBlue launches flights to Amsterdam as demand for transatlantic travel rise
(Reuters) – JetBlue Airways Corp will launch flights to Amsterdam as it looks to cash in on the soaring demand for transatlantic travel, the New York-based low cost carrier said on Tuesday.…
Italian bank loans to firms fall as demand weakens: central bank
(Reuters) – Bank loans to companies in Italy declined sharply between November and February as demand weakened and interest rates rose, the Bank of Italy said on Friday. In the three months…
High-tech French army truck maker sees demand for low-tech artillery components
By Clotaire Achi LIMOGES, France (Reuters) – French armoured truck maker Arquus, specialised in manufacturing high-tech off-road military vehicles, has gone back to producing more low-tech undercarriages for howitzers as the ground…
Marketmind: Oil spike a black mark for inflation, consumer demand
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Oil prices have stolen the show in Asia on Monday, and not in…
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