New Jersey lifts fire restrictions statewide following heavy rainfall
TRENTON, N.J. — The New Jersey Forest Fire Service announced Thursday that statewide fire restrictions have been lifted after substantial overnight rainfall reduced fire risks across the region. Fire danger ratings in…
British Columbia lifts most travel restrictions as Canada wildfires ease
By Nia Williams (Reuters) – The government of British Columbia said it would largely lift travel restrictions to the province’s wildfire-hit interior on Tuesday, as rain and cooler weather helped hold back…
Atlanta Fed model lifts US third quarter GDP view to 5.8%
By Noel Randewich (Reuters) – The U.S. economy is likely growing at a 5.8% annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday following the…
Carlsberg lifts 2023 profit forecast on solid first-half
COPENHAGEN (Reuters) – Danish brewer Carlsberg on Tuesday lifted its profit guidance for the full year after a “solid business performance” in the first half of the year. The world’s third-biggest brewer…
Sri Lanka lifts import ban on trucks, heavy vehicles
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy vehicles for the first time since March 2020, according to a gazette notification.…
Analysis-Hungry investors queue up as Japan’s BOJ lifts yields bit by bit
By Kevin Buckland and Ankur Banerjee SINGAPORE/TOKYO (Reuters) – Japan’s government bond market has turned into a cat-and-mouse arena for investors and the Bank of Japan, as the latter tries to slow…
Tenet Healthcare lifts profit forecast, bets on rebound in surgical procedures
(Reuters) – Tenet Healthcare Corp on Monday raised its annual profit forecast after a strong second quarter, betting on a recovery in surgical procedure volumes, sending its shares up 3% in extended…
Citigroup lifts S&P 500’s year-end target to 4,600
(Reuters) – Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability of a soft landing for the U.S. economy, as well as, an…
Church & Dwight lifts annual targets on higher prices, steady demand
(Reuters) – Church & Dwight raised its annual sales and profit forecasts on Friday, betting on higher prices and steady demand for its household and personal care products including liquid detergents and…
Sanofi lifts earnings outlook on new drug launches, Dupixent sales
By Ludwig Burger (Reuters) -French drugmaker Sanofi on Friday increased its guidance for full-year earnings, citing strong sales of anti-inflammatory treatment Dupixent and closely-watched new drug launches. The Paris-based drugmaker predicted an…
Kimberly-Clark lifts annual forecasts on price hikes, steady demand
(Reuters) – Kimberly-Clark Corp raised its full-year sales and profit forecasts on Tuesday, as the maker of Kleenex tissues and KleenGuard benefits from price increases and resilient demand for essential products. Pandemic-induced…
SLB flags slowing N.America demand; international lifts profit
By Arathy Somasekhar and Arunima Kumar HOUSTON (Reuters) -SLB on Friday flagged weakening North America oilfield activity even as the company topped analysts’ estimates for second quarter profit, helped by a rebound…
Morgan Stanley lifts 2023 US growth forecast on expectation of infrastructure investment
(Reuters) – Morgan Stanley raised U.S. economic growth forecast for the year on a strong industrial sector and more public investment in infrastructure, and expects a “comfortable” soft-landing for the economy. Economists…
D.R. Horton lifts annual revenue forecast on sturdy housing demand
(Reuters) – D.R. Horton Inc on Thursday raised its forecast for full-year revenue and homes closed, benefiting from strong demand and easing shortages of labor and construction supplies, sending its shares up…
Bottler Coca-Cola HBC lifts full-year profit expectation
(Reuters) -Bottler Coca-Cola HBC AG raised its 2023 profit expectation on Friday, aided by robust sales and price increases in the first half of the year. The company said it now expects…
US lifts some restrictions on Ethiopia after human rights improvements
By Steve Holland and Daphne Psaledakis WASHINGTON (Reuters) -The United States has lifted certain aid restrictions on Ethiopia in light of progress on human rights, White House national security spokesperson John Kirby…
Canada financial regulator lifts stability buffer for big six banks
By Nivedita Balu and David Ljunggren TORONTO (Reuters) -Canada’s financial regulator on Tuesday said it was raising the amount of capital the country’s biggest lenders must hold as a stability buffer by…
Sri Lanka lifts import limits on 286 items as crisis eases
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to emerge from…
Brazil’s finance ministry lifts 2024 inflation estimate
BRASILIA (Reuters) – Brazil’s finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its estimate for growth in Latin America’s largest economy unchanged at 2.3%. The…
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 at the off-price retailer and easing freight…
UK’s Melrose Industries lifts 2025 expectations on aerospace focus
(Reuters) – Melrose Industries Plc expects its engines business to power its profit margins in 2025 as aftermarket services would help boost cashflow, enabling it to buy back shares worth between 5%…
Binance lifts block on bitcoin withdrawals amid heavy volumes
SINGAPORE (Reuters) -Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost. Late on Sunday…
Honeywell lifts annual profit outlook after quarterly results beat
(Reuters) – Industrial conglomerate Honeywell International Inc raised its full-year profit and revenue forecasts on Thursday, after posting a quarterly results beat on strength in its aviation unit. Shares of the company,…
Kimberly-Clark lifts 2023 profit forecast on higher prices
(Reuters) – Kimberly-Clark Corp raised its full-year profit forecast on Tuesday as consistent price hikes helped the company post better-than-expected sales in the first quarter, despite weak volumes across all its segments.…
Goldman Sachs lifts UniCredit stake to 7.6%
MILAN (Reuters) – Goldman Sachs had raised a stake in Italian bank UniCredit it built mostly through various financial derivative contracts to 7.62% as of April 18, a regulatory filing showed on…
UAE central bank lifts base rate by 25 bps to match Fed –state news agency
DUBAI (Reuters) – The Central Bank of the United Arab Emirates will raise its base interest rate by 25 basis points to 4.9%, effective Thursday, state news agency WAM said, matching the…
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