Dems Seize On Wildfires To Demand Biden Declare A ‘Climate Emergency’
Dems Seize On Wildfires To Demand Biden Declare A ‘Climate Emergency’ Harold Hutchison on June 8, 2023 Congressional Democrats have called on President Joe Biden …
Demand
JPMorgan president says loan demand declining, US economic slowdown weighs
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s President and Chief Operating Officer Daniel Pinto said loan demand is …
China new home prices, sales fall on soft demand in May
BEIJING (Reuters) – China’s new home prices fell for the first time in four months in May and home sales slumped, according to a private …
Dow cuts second-quarter revenue forecast on demand, pricing woes
(Reuters) – Chemical maker Dow Inc forecast second-quarter revenue below market expectations on Wednesday, citing slower macroeconomic activity and lower pricing levels. The company now …
GE eyes India boost as foreign travel spurs demand for bigger planes
By Aditi Shah NEW DELHI (Reuters) – General Electric’s aviation arm, already expecting to benefit from a boom in Indian domestic air travel, sees an …
Toyota’s April global sales rise on stronger demand in Japan, China
TOKYO (Reuters) – Toyota Motor Corp’s global sales rose by nearly 5% in April from a year earlier, boosted by stronger demand for hybrids and …
Nvidia to build Israeli supercomputer as AI demand soars
By Steven Scheer JERUSALEM (Reuters) – Nvidia Corp said on Monday it was building Israel’s most powerful artificial intelligence (AI) supercomputer to meet soaring customer …
Taiwan cuts GDP forecast, export outlook as global demand weakens
TAIPEI (Reuters) -Taiwan’s economy will probably grow more slowly in 2023 than previously forecast, the government’s statistics office said on Friday, as weakening global demand …
Analysis-US retailer holiday orders should boost transport demand, but risks loom
By Lisa Baertlein LOS ANGELES (Reuters) – The slumping U.S. transportation sector could be bouncing off a bottom as retailers start preparing for the back-to-school …
Ross Stores lifts annual profit forecast on strong demand, easing freight costs
By Ananya Mariam Rajesh (Reuters) – Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed by budget-conscious customers increasingly shopping …
Strong U.S. demand and AI helps Sorrell’s S4 to navigate tougher environment
LONDON (Reuters) – Martin Sorrell’s S4 Capital said artificial intelligence (AI) was helping the advertising group to become more efficient and navigate pressure from clients …
SEC, Covington dig in their heels as judge weighs US demand for client names
By Andrew Goudsward (Reuters) – A federal judge on Wednesday urged the U.S. Securities and Exchange Commission to resolve its dispute with law firm Covington …
Malaysia’s Q1 GDP growth likely cooled on weak demand, exports – Reuters poll
By Sujith Pai BENGALURU (Reuters) – Malaysia’s economic growth probably slowed in the first quarter, hit by tepid consumption and declining exports, a Reuters poll …
Elizabeth Warren’s Censorship Demand To Amazon Is Constitutional, Federal Court Rules
Elizabeth Warren’s Censorship Demand To Amazon Is Constitutional, Federal Court Rules Katelynn Richardson on May 5, 2023 The Ninth Circuit Court of Appeals ruled Thursday …
Johnson Controls beats estimates on strong demand, raises annual profit guidance
(Reuters) – Johnson Controls International posted quarterly earnings ahead of analysts’ expectations on Friday, underpinned by strong demand for heating and air-conditioning systems from commercial …
EOG, Coterra beat profit estimates on higher prices, oil demand
(Reuters) -U.S. shale producers EOG Resources Inc and Coterra Energy Inc beat first-quarter estimates on Thursday, joining their peers in benefiting from a sustained fuel …
Booking Holdings beats profit estimates on strong travel demand
(Reuters) – Booking Holdings Inc reported a better-than-expected profit for the first quarter on Thursday, as the online travel agency benefited from pent-up demand that …
GOP Senators Demand Answers On Navy’s Drag Queen Recruiting ‘Ambassador’
GOP Senators Demand Answers On Navy’s Drag Queen Recruiting ‘Ambassador’ Micaela Burrow on May 4, 2023 GOP senators demanded answers over the Navy’s apparent sanction …
Euro zone April business activity grows on strong services demand – PMI
By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity sped up in April, though less than initially indicated, as robust services more …
Etsy tops revenue estimates on demand for personalized products, higher fees
By Granth Vanaik (Reuters) – Etsy Inc on Wednesday beat market expectations for quarterly revenue, benefiting from demand for products such as personalized gifts offered …
Emerson Electric raises fiscal 2023 outlook on strong demand
(Reuters) – U.S. engineering and industrial software firm Emerson Electric Co on Wednesday raised its fiscal 2023 outlook and reported better-than-expected quarterly earnings, on the …
Loblaw reports higher quarterly sales on strong demand for groceries, drugs
(Reuters) -Canadian retailer Loblaw Companies Ltd on Wednesday reported first-quarter sales rose 6%, helped by strong demand for essential goods including groceries and drugs. Retailers …
Metro Bank posts second quarter of profitability on mortgage loans demand
(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows picked up pace in March …
Analysis-From tea to ketchup, some shelves lie empty as retailers struggle to predict demand
By Richa Naidu and Helen Reid LONDON/BARCELONA (Reuters) – A “salad crisis” affecting British supermarkets hit headlines earlier this year but shoppers across Europe and …
Simon Property revenue beats on strong leasing demand
(Reuters) – Simon Property Group Inc’s first-quarter revenue beat market expectations on Tuesday, benefiting from a strong leasing demand after pandemic-induced store closures. Despite growing …
Freshworks tops revenue estimates as lower-priced offerings boost demand
(Reuters) – Freshworks Inc beat quarterly revenue estimates on Tuesday and posted its first adjusted operating profit as more businesses sought its lower-priced customer engagement …
Cummins raises full-year revenue outlook on strong demand for parts
(Reuters) – U.S. truck engine maker Cummins Inc on Tuesday raised its full-year 2023 revenue forecast, on the back of strong demand for parts across …
Emirates boss forecasts resilient demand, no hit from new airlines
By Yousef Saba and Lisa Barrington DUBAI (Reuters) – Emirates Airline President Tim Clark said on Tuesday that new Saudi airlines and the expansion of …
Sharpie-maker Newell sees 2023 profit at low end of forecast on higher costs, softer demand
(Reuters) – Sharpie-maker Newell Brands Inc on Friday forecast annual sales and profit at the low end of its previous outlook, signaling a hit from …
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 …
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, …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
‘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 …
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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …