Home Depot sales lifted by higher prices, demand from builders
By Praveen Paramasivam and Deborah Mary Sophia (Reuters) -Home Depot Inc on Tuesday surpassed estimates for quarterly results as demand from builders and higher prices …
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European shares edge higher; weak China data stokes worries
(Reuters) – European shares inched higher on Monday, boosted by fresh gains for healthcare stocks, while signs of a slowing Chinese economy sparked a flight …
EV startup Fisker explores higher production in 2023, U.S. manufacturing
(Reuters) – Electric-vehicle startup Fisker Inc said on Friday it was exploring options to manufacture in the United States in 2024 and was considering ramping …
Toshiba logs surprise quarterly operating loss on higher materials costs
TOKYO – Toshiba Corp on Wednesday posted an unexpected operating loss in the April-June first quarter as it grappled with a global chip shortage and …
Brazilian broker XP’s profit gains from higher assets under custody
(Reuters) – XP Inc posted a marginal jump in second-quarter adjusted profit as the Brazilian broker gained from a surge in assets under custody that …
Canadian dollar seen higher if recession fears fade – Reuters poll
By Fergal Smith TORONTO – Analysts expect the Canadian dollar to rally over the coming year, betting the threat of recession will ease as the …
Higher interest rates a ‘bright spot’ for Europe’s banks
By Tom Sims, Jesús Aguado and Lawrence White FRANKFURT/MADRID/LONDON – European banks are hoping the boost to their businesses from higher interest rates will be …
Fed’s Bullard: Rates will need to be ‘higher for longer’ if inflation does not recede
(Reuters) – If inflation does not respond to the Federal Reserve’s interest rate increases by easing as expected, then rates will have to remain “higher …
‘Higher Than We Expect’: Top Fed Official Issues Grim Prediction On Reining In Inflation
‘Higher Than We Expect’: Top Fed Official Issues Grim Prediction On Reining In Inflation Max Keating on August 1, 2022 Neel Kashkari, president of the …
Ackman says rates should be ‘materially higher’ to kill inflation
(Reuters) – Billionaire investor Bill Ackman on Thursday said he expected inflation to come down soon, but not to the level of 2% unless the …
Thailand approves $748 million support measures amid higher inflation
BANGKOK – Thailand’s cabinet on Tuesday approved additional support measures worth 27.4 billion baht ($748.23 million) to ease cost of living pressures and sustain consumption, …
Factbox-Australian miners warn of labour shortage, higher costs
(Reuters) – Australian mining firms said a dearth of skilled labour hit output and warned of lower production in fiscal 2022 and 2023, while also …
Mexico’s inflation higher than expected in early July
By Brendan O’Boyle MEXICO CITY – Mexican consumer prices rose higher than expected in early July, official data showed on Friday, boosting expectations of further …
Petronas payout to Malaysia govt seen higher at 55-59 billion rgt this year
KUALA LUMPUR – Malaysia’s state energy firm Petronas is forecast to contribute to government coffers as much as 59 billion ringgit ($13.25 billion) this year, …
Malaysia’s June CPI up 3.4% y/y, higher than forecast
KUALA LUMPUR – Malaysia’s consumer price index (CPI) rose 3.4% from a year earlier in June, government data showed on Friday. The rise was more …
Mike Ashley’s Frasers Group expects higher profit next year
(Reuters) -Frasers Group, Mike Ashley’s sportswear and fashion group, said on Thursday it expected higher profit next year after 2022 earnings came in at the …
Ukraine war, higher rates to limit growth in developing Asia – ADB
By Karen Lema MANILA – The Asian Development Bank (ADB) on Thursday slashed its growth forecasts for developing Asia for this year and next, reflecting …
Analysis-As dollar roars higher, few dare to stand in its way
By Saqib Iqbal Ahmed NEW YORK – An epic rally in the dollar has investors wondering how much further it can run, though many are …
Global Data Center Colocation Industry Report 2022-2027 – Higher Anticipated Growth in Wholesale Datacenter Colocation Spaces to Propel Demand
DUBLIN, July 12, 2022 — The “Data Center Colocation Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022-2027)” report has been added to ResearchAndMarkets.com’s offering. The …
Brazil services activity grows 0.9% in May, higher than expected
BRASILIA – Services activity in Brazil resumed growth in May and at a faster-than-expected pace, benefiting from the normalization of activities after the severe impact …
Singapore minister says India needs higher economic growth to create jobs
NEW DELHI – India needs to achieve higher economic growth by focusing on exports and expanding production-linked incentives for more sectors to create more jobs, …
Consuelo Mack WealthTrack Prepares Individuals for an Era of Heightened Market Volatility, Inflation, and Higher Interest Rates in New Season
Season 19 premieres nationwide on public television beginning July 1 with economist and strategist David Rosenberg who warns of an “imminent recession.” Watch full episodes, …
Poland’s Kaczynski tells banks to give savers higher interest or expect more taxes
WARSAW – Polish banks will be taxed more if they don’t offer clients higher interest on their deposits, the leader of Poland’s ruling party said …
Malaysia’s May CPI up 2.8% y/y, higher than forecast
KUALA LUMPUR – Malaysia’s consumer price index (CPI) rose 2.8% from a year earlier in May, government data showed on Friday. The rise was more …
German economy minister welcomes move to higher interest rates
BERLIN – German Economy Minister Robert Habeck on Monday welcomed the European Central Bank’s indication last week that it would deliver next month its first …
Americans Could See Grocery Store Prices Skyrocket Even Higher: REPORT
Americans Could See Grocery Store Prices Skyrocket Even Higher: REPORT Micaela Burrow on June 10, 2022 Food prices in the U.S. may get worse in …
UK’s Johnson: higher public spending and wages risk fanning inflation
LONDON – British Prime Minister Boris Johnson on Thursday said that the surge in inflation meant the government could not simply spend more to support …
UK’s Johnson: higher public spending and wages risk fanning inflation
LONDON – British Prime Minister Boris Johnson on Thursday said that the surge in inflation meant the government could not simply spend more to support …
Latin America, Caribbean 2022 poverty seen higher as Ukraine war bites: U.N. study
(Reuters) – A United Nations commission has increased its projection for poverty in Latin America and Caribbean for 2022, citing economic disruptions caused by the …
Colombia higher court rules fracking pilot projects can go ahead
BOGOTA – Investigative fracking operations in Colombia can go ahead after a court in the Andean country’s Santander province on Thursday reversed a lower court’s …
Zara owner Inditex set to benefit from higher prices
By Corina Pons MADRID – Fashion giant Zara’s owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than …
Downtown Toms River Developer Wants to Build Higher
TOMS RIVER, NJ – A developer, 27 Washington Street Associates wants to rebuild higher after a fire destroyed the former building located at the corner …
Canada housing boom to halt next year on higher mortgage rates – Reuters poll
By Shrutee Sarkar BENGALURU – Canadian house price inflation will slow to 10% this year as the Bank of Canada raises interest rates aggressively, a …
U.S. house price inflation to cool as buyers sidelined by higher rates: Reuters poll
By Indradip Ghosh and Prerana Bhat BENGALURU – Burning U.S. house price inflation will cool to 10%, half its current rate this year, and slow …
UK business confidence ticks higher in May – Lloyds Bank
LONDON – Sentiment among British businesses edged higher in May, except for consumer-facing companies that are most exposed to the growing cost-of-living crunch, a survey …
Fed’s Waller: If inflation doesn’t go away, we need to raise rates a lot higher
(Reuters) – The Federal Reserve needs to move interest rates much higher and soon if high inflation does not begin to subside, Fed Governor Christopher …
Every Time Biden Drained Strategic Oil Reserves, Prices Ended Up Higher. Here’s The Proof
Every Time Biden Drained Strategic Oil Reserves, Prices Ended Up Higher. Here’s The Proof Thomas Catenacci on May 29, 2022 President Joe Biden has raided …
U.S. corporate bond deals to ebb this year amid higher rates, volatility -BofA
By Davide Barbuscia NEW YORK – U.S. bond sales by investment-grade issuers will likely decline by around 10% this year as borrowers contend with higher …
Blue Apron results miss Wall Street expectations on higher costs
NEW YORK – Blue Apron Holdings Inc reported a bigger-than-expected loss, as a drop in orders per customer and higher food and labor costs hurt …
The Cost of Diesel Is Now Over $6 Per Gallon Across New Jersey and It’s Going to Climb Higher
TOMS RIVER, NJ – You might be able to get a gallon of diesel at Wawa for $5.99 across the Jersey Shore today, but everywhere …
Economists expect higher rate hikes after RBI’s hike to tame inflation
By Manoj Kumar and Aftab Ahmed NEW DELHI – India’s central bank is expected to frontload more aggressive interest rate hikes in its effort to …
Texas grid operator warns of higher power demand this weekend
(Reuters) – The Electric Reliability Council of Texas (ERCOT) on Tuesday warned of larger-than-normal demand for power due to extreme hot weather expected in the …
Virgin Australia to add 4 Boeing 737 MAX 8 airplanes to service higher demand
(Reuters) – Virgin Australia said on Friday it will add four new Boeing 737 Max 8 aircraft to its fleet to meet higher demand as …
Retailer WH Smith may raise prices to meet higher shipping costs
By Sinchita Mitra (Reuters) -WH Smith may have to raise the prices of certain products this year after the British retailer flagged higher shipping costs …
Higher rates, slowing China, risks to Latam and Caribbean growth – IMF
NEW YORK – The prospect of tighter financial conditions due to the war in Europe and a more hawkish Federal Reserve, alongside concern over a …
French Finance Minister: we are entering “new era” of higher inflation
PARIS -Inflation will be high in 2022 and although the price pressure should progressively ease next year, France and its partner countries are set to …
Japan’s draft relief measures include higher fuel aid, extra budget
By Takaya Yamaguchi TOKYO -Japan’s government will raise the cap for gasoline subsidies and replenish state reserves by compiling an extra budget to cushion the …
Union Pacific quarterly profit jumps on price hikes, higher shipments
(Reuters) -U.S. railroad operator Union Pacific Corp posted a 21.5% jump in first-quarter profit on Thursday, benefiting from higher shipments due to a rise in …
Rising calls for U.S. LNG revive stalled export projects, but at higher costs
By Marcy de Luna HOUSTON – Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled …
European Commission analysing higher 45% renewable energy target for 2030
By Kate Abnett BRUSSELS -The European Commission is assessing whether the European Union could achieve a higher target of a 45% share of renewable energy …