Storm system set to soak New Jersey through Saturday with rain, thunderstorms likely
TRENTON, N.J. — New Jersey residents should prepare for a stretch of wet and cloudy weather beginning Thursday afternoon, with a strong chance of rain and potential thunderstorms by Friday night, according…
China July export growth seen cooling, imports likely to rise: Reuters poll
BEIJING – China’s export growth is expected to have slowed in July, adding to signs of weakening global demand, while imports likely picked up slightly, a Reuters poll showed on Friday. Exports…
Blinken likely seek out Lavrov after Griner sentencing, White House says
(Reuters) – U.S. Secretary of State Antony Blinken will likely try to speak with his Russian counterpart on the sidelines of a meeting in Cambodia, White House national security spokesperson John Kirby…
Shrinking U.S. exports likely to build oil stocks at Cushing storage hub
By Laila Kearney and Stephanie Kelly NEW YORK – The shrinking discount of U.S. crude to Brent and rising Canadian oil imports this month will send more barrels to the top U.S.…
Toyota likely to post lower Q1 profit as production woes cast shadow
By Satoshi Sugiyama TOKYO – Toyota Motor Corp is expected to report a double-digit drop in first-quarter profit this week, as a chip shortage and supply-chain woes forced the world’s top automaker…
U.S. Senate likely to delay bill on gay marriage until September
By Rose Horowitch WASHINGTON – The U.S. Senate is likely to delay a vote on protecting gay marriage until September, as Democrats push forward with a $430 billion climate change and drug…
Thai central bank likely to hike rate next month, ups GDP outlook – official
BANGKOK – Thailand’s central bank is highly likely to raise its key policy rate at its August meeting, an official said on Friday, as its economic recovery gains more traction and as…
POLL: Most Americans Worried About War With Russia, See Conflict With China As ‘Likely’
POLL: Most Americans Worried About War With Russia, See Conflict With China As ‘Likely’ Micaela Burrow on July 27, 2022 A Rasmussen poll released Thursday found that roughly half of Americans are…
Exclusive: EU antitrust regulators likely to block Illumina, Grail deal – sources
BRUSSELS – EU antitrust regulators are expected to veto U.S. life sciences firm Illumina’s acquisition of biotechnology company Grail, people familiar with the matter said on Wednesday. There are doubts whether concessions…
Japan June factory output likely rose first time in 3 months as China lockdown lifted – Reuters poll
TOKYO – Japan’s factory output likely rose in June for the first time in three months after China’s COVID-19 curbs eased, a Reuters poll showed on Friday. Japanese industrial production likely expanded…
Exclusive-EU likely to bolster Apple probe with new evidence, no new charges – sources
By Foo Yun Chee BRUSSELS – EU antitrust regulators are set to beef up an investigation into Apple, triggered by Spotify, with new evidence but not new charges, in the hope of…
GlobalFoundries CEO: New York chip factory likely delayed if U.S. subsidy bill fails
By Stephen Nellis and Jane Lanhee Lee (Reuters) – A planned semiconductor factory in upstate New York will likely be delayed if a bill to bolster the U.S. computer chip industry fails…
Power use in Central U.S. likely to break record high – SPP
(Reuters) – Power demand in the Southwest Power Pool (SPP) hit a record on Friday and will likely break that on Tuesday as homes and business in the U.S. Central region keep…
Privately issued but regulated digital currencies have benefits -cbank chiefs
By Alun John (Reuters) -Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, the Australian central bank governor said on…
Thai key rate likely to rise at Aug meeting – central bank official
By Orathai Sriring and Satawasin Sta[censored]charnchai BANGKOK – Thailand’s central bank is highly likely to raise its key policy rate at its August meeting, a senior director said on Thursday, as other…
Column-Recession would make tough oil sanctions on Russia more likely: Kemp
By John Kemp LONDON – Recession in the major economies is the only sure-fire way to reduce Russia’s petroleum revenues – an uncomfortable truth Western policymakers have tried to obfuscate from voters…
Wall Street banks’ Q2 trading revenue likely to surge, softening blow from deal slump
By Saeed Azhar NEW YORK – A surge in trading revenue powered by volatile markets should partially offset a slump in M&A and equity and debt deals when Wall Street banks report…
U.S. recession “more likely than not”, same for Europe – PIMCO
(Reuters) – A U.S. recession over the next 12 months is “probably more likely than not”, PIMCO’s global chief investment officer for fixed income Andrew Balls said on Thursday. Balls, speaking at…
Fed’s Daly: 75 bps rate hike likely needed in July
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said another 75 basis point interest rate hike in July is her “starting point,” though if the economy slows more…
Any U.S. recession would likely be short, shallow, IMF official says
WASHINGTON – If the United States does fall into a recession, it would likely be “relatively short,” with only modest increases in unemployment, and may look like U.S. downturns in the early…
Analysis-The next COVID booster shots will likely be updated for Omicron
By Michael Erman NEW YORK – COVID-19 vaccines this fall are likely to be based on the Omicron variant of the coronavirus rather than the original strain, although some experts suggest they…
Donald Trump likely no longer in contempt, New York attorney general says
By Jonathan Stempel NEW YORK – Donald Trump is likely no longer in contempt of court for failing to comply with a subpoena in a New York civil probe into the former…
China likely to keep lending benchmark LPR unchanged amid global central bank tightening
SHANGHAI – About 90% of traders and analysts in a Reuters survey expected China to keep benchmark interest rates unchanged at its monthly fixing on Monday, as global central bank tightening limited…
Japan May consumer inflation seen likely staying above central bank’s target: Reuters poll
TOKYO – Japan’s core consumer price index for May is expected to climb 2.1% from a year earlier, its second straight month of gains above the central bank’s 2% inflation target, a…
Analysis-Brazil likely to waive over $20 billion in tax revenue as Bolsonaro tries to spur economy
By Bernardo Caram BRASILIA – Tax cuts are likely to cost over 110 billion reais ($21.5 billion) in Brazilian tax revenue this year, as President Jair Bolsonaro tries to ease inflation and…
U.S. Senator likely would block passage of EV tax credits – Canada minister
By Steve Scherer OTTAWA – Canada’s minister of natural resources on Tuesday said U.S. Senator Joe Manchin, a key Democrat, would likely block the passage of tax credits that favor U.S.-manufactured electric…
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