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…
IEA, OPEC predictions of 2024 oil demand growth diverge further
By Alex Lawler and Natalie Grover LONDON (Reuters) – The gap between two leading oil forecasters’ views on 2024 demand growth widened on Thursday, with the International Energy Agency (IEA) predicting a…
OPEC sticks to 2024 oil demand growth forecast
By Alex Lawler LONDON (Reuters) – OPEC on Thursday stuck to its forecast for relatively strong growth in global oil demand in 2023 in 2024, citing signs of a resilient world economy…
Air New Zealand eyes lower earnings for first half as domestic demand softens
By Ayushman Ojha (Reuters) -Air New Zealand on Thursday flagged lower earnings for first half of fiscal 2024 on a recent softness in domestic travel demand and volatility in jet fuel prices,…
US natgas output and demand to hit record highs in 2023 -EIA
(Reuters) – U.S. natural gas production and demand will rise to record highs in 2023, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Wednesday. EIA…
DEROY MURDOCK: Hell Freezes, Pigs Fly And Dems Demand Closed Border
DEROY MURDOCK: Hell Freezes, Pigs Fly And Dems Demand Closed Border Deroy Murdock on October 8, 2023 “There is presently an acute and immediate need to construct physical barriers and roads in…
Volvo Cars September sales rise 25%, demand up in China
STOCKHOLM (Reuters) -Volvo Cars’ sales rose 25% in September from a year earlier to 61,666 cars as sales grew in China as well as in the U.S. and Europe, the Sweden-based group…
Ford’s third-quarter US auto sales rise on pickup, crossover SUV demand
(Reuters) – Ford Motor on Wednesday posted a near 8% rise in U.S. auto sales for the third-quarter, driven by continued demand for crossover SUVs and pickup trucks. The automaker notched quarterly…
Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand
(Reuters) – McCormick on Tuesday raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish recovery in China…
UK retailers demand government action on rising crime
LONDON (Reuters) – Some 88 UK retail leaders, including the bosses of Tesco, Sainsbury’s and Marks & Spencer, have signed a letter to interior minister Suella Braverman, demanding action over rising rates…
Tesla’s deliveries expected to fall on plant shutdowns, soft demand
By Aditya Soni (Reuters) – Tesla may miss estimates for third-quarter deliveries due to planned factory shutdowns and soft demand that led the automaker to boost discounts, several Wall Street analysts warned…
UK home-buyer demand inches up as mortgage rates fall: Zoopla
By David Milliken LONDON (Reuters) – More Britons made enquiries with estate agents about potential house purchases over the past four weeks as mortgage rates started to fall, breaking a downward trend…
Marriott projects upbeat revenue per room growth as travel demand stays strong
(Reuters) – Marriott International on Wednesday forecast two-year annualized global revenue per available room (RevPAR) growth of 3% to 6% by 2025, as the hotel operator expects resilient international travel demand. A…
US lawmakers demand documents on Ford battery partnership with CATL
By David Shepardson WASHINGTON (Reuters) – The chairs of three U.S. House of Representatives committees demanded Ford Motor turn over documents tied to its partnership with Chinese battery company CATL and threatened…
Pilots at Australia’s Qantas demand chair quit over scandals
SYDNEY (Reuters) – A union for pilots employed by Australia’s Qantas Airways called for the company’s chairman to resign following a host of scandals that have drawn fierce criticism from travellers, regulators,…
Analysis-Oil price rally set to falter as demand doubts loom
By Robert Harvey and Natalie Grover LONDON (Reuters) – Oil prices may be near $100 a barrel, but a range of factors could prevent a sustained rally above that level, analysts say.…
Hedge fund demand for US Treasuries seen rising amid higher bond supply
By Davide Barbuscia and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Hedge funds will likely become increasingly important buyers of U.S. Treasuries, providing liquidity in the world’s biggest bond market at a time…
Coty boosts core sales forecast as price hikes, strong beauty demand help
(Reuters) – Coty on Wednesday raised its annual core sales forecast on the back of higher pricing and strong demand as customers splurge on its high-end and affordable cosmetics and fragrances. The…
Boeing slightly raises China 20-year demand outlook to 8,560 new planes
By Brenda Goh SHANGHAI (Reuters) -Boeing on Wednesday slightly increased its annual 20-year forecast for new plane deliveries to China, citing economic growth and increasing demand for domestic travel. The U.S. planemaker…
AutoZone posts strong quarterly results on auto parts demand
(Reuters) – Auto parts retailer AutoZone Inc on Tuesday posted better-than-expected profit and revenue for the fourth quarter, boosted by demand for its do-it-yourself (DIY) automotive parts. AutoZone, which competes with Advance…
‘Bring them back’: Ukrainian orphans demand return of children in Russia
By Anthony Deutsch THE HAGUE (Reuters) – Ukrainian orphans Ivan and Maksym, 17 and 16, escaped shelling and hunger in besieged Mariupol only to be captured and taken to the Russian-occupied city…
Finnish economy burdened by weak export demand and construction woes
By Anne Kauranen HELSINKI (Reuters) -Finland’s economic downturn will last longer than expected, driven by weaker export demand and a rapid slowdown in construction activity in the face of high interest rates,…
Lennar profit beats as tight home supply boosts construction demand
(Reuters) -Homebuilder Lennar on Thursday reported third-quarter profit above Wall Street targets as historically low home inventories in the market supported demand for new constructions while easing supply-chain snags helped improve delivery…
Dollarama raises annual sales forecast as demand for essentials thrives
(Reuters) -Dollarama raised annual sales forecast on Wednesday after topping quarterly sales estimates, as Canadians lapped up the discount retailer’s cheaper offerings in response to higher prices of essentials. Consumers in Canada,…
Lawmakers Demand Emergency Session on Nursing Death Homes
TRENTON, NEW JERSEY – Senator Declan O’Scanlon, Assemblywoman Victoria Flynn, and Assemblyman Gerry Scharfenberger are calling for an emergency legislative session and independent committee hearings following a scathing report on the treatment…
Demand in focus as UK homebuilders set to brief markets on recent trading
(Reuters) – Investors in British housing stocks will be eager to glean insights on demand and selling prices as some of the country’s top homebuilders start issuing earnings reports or trading updates…
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