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…
South Korea’s Dec exports likely rose for a third month: Reuters poll
By Cynthia Kim SEOUL (Reuters) – South Korea’s exports likely rose for a third month in December albeit at a slower pace, as stronger electronics demand is seen supporting the country’s economic…
Fire at Detroit-area EV plant likely caused by forklift hitting batteries – GM
(Reuters) – General Motors said on Wednesday a fire at its Factory Zero Detroit-Hamtramck was likely caused by a forklift accidentally puncturing a container with battery materials, according to the automaker’s initial…
Mexico inflation likely accelerated in early December, core rate seen easing: Reuters poll
MEXICO CITY (Reuters) – Mexican headline inflation likely increased in the first half of December, a Reuters poll showed on Wednesday, while the closely monitored core rate likely continued its decline. The…
Bank Indonesia likely done with hikes, first cut in Q3 2024: Reuters poll
By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will maintain its key policy rate for a second month on Thursday as inflation is within its target range and the rupiah has stabilised,…
Analysis-Despite COP28 deal on fossil fuels, 1.5C goal likely out of reach
By Gloria Dickie DUBAI (Reuters) – A deal for the world to transition away from fossil fuels was hailed as a historic achievement on Wednesday at the U.N. climate summit in Dubai,…
World Bank economist warns high interest rates will likely last longer
WASHINGTON (Reuters) – World Bank chief economist Indermit Gill on Wednesday said past experience showed that interest rates may stop going up, but they are unlikely to come down “anytime soon,” which…
Norway’s interest rate likely on hold, but uncertainty remains- Reuters poll
OSLO (Reuters) – Analysts are divided over whether Norway’s central bank will continue to raise interest rates this week, with a narrow majority predicting an unchanged cost of borrowing, a Reuters poll…
India inflation likely rebounded in November on higher food prices – Reuters poll
By Milounee Purohit BENGALURU (Reuters) – India’s retail inflation likely picked up in November due to higher food prices after declining for three months, bringing it closer to the upper end of…
Exclusive-EU regulators likely to clear Novozymes, Chr. Hansen deal, sources say
BRUSSELS (Reuters) – EU antitrust regulators are likely to clear the tie-up of Danish food ingredients and enzymes makers Novozymes and Chr. Hansen based on remedies offered to address competition concerns, two…
China’s Nov factory activity likely contracted for second month: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s manufacturing activity likely contracted for a second consecutive month in November, a Reuters poll showed on Wednesday, keeping alive calls for further stimulus measures as…
Human Rights Watch says rocket misfire likely cause of deadly Gaza hospital blast
GENEVA (Reuters) – Human Rights Watch (HRW) said on Sunday that evidence suggested a misfired rocket was the likely cause of an explosion that resulted in heavy casualties at a hospital in…
Biden not likely to be charged in documents probe -WSJ
WASHINGTON (Reuters) – U.S. President Joe Biden is not likely to be charged in the special counsel investigation into his handling of classified documents, the Wall Street Journal reported on Thursday, citing…
Philippine central bank likely to hold rates at 6.5% on Thurs, may hike again in Dec: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will keep its key interest rate unchanged at 6.50% on Thursday after an off-cycle 25 basis-point hike on Oct. 26,…
Climate change likely to boost inflation, Bank of England’s Mann says
By David Milliken LONDON (Reuters) – Climate change and countries’ different approaches to combat it are likely boost inflation and have other economic impacts that are directly relevant to central bank rate-setters,…
Paraguay’s beef likely won’t boost tight US supplies, importers say
By Tom Polansek CHICAGO (Reuters) – Washington’s decision to accept beef from Paraguay after 25 years will probably not change the overall volume of U.S. imports, even at a time of tight…
Analysis-Panama court likely to revoke First Quantum copper mine contract
By Valentine Hilaire and Divya Rajagopal (Reuters) – Panama’s top court is likely to rule against Canadian miner First Quantum when it decides on the fate of a key copper mine contract…
South Korea inflation likely to ease in November – finance minister
SEOUL (Reuters) – South Korean inflation is likely to ease in November to about 3.6% as prices of agricultural products have started to fall, the finance minister said on Sunday. South Korea’s…
Italian economy likely to slow in next few months – stats bureau
ROME (Reuters) – The Italian economy is likely to slow further in the next few months after stagnating in the third quarter, national statistics bureau ISTAT said on Friday. In its monthly…
China’s trade slump likely eased further in October: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s exports likely fell more slowly for a third consecutive month in October, a Reuters poll showed, adding to signs that the economy is stabilising even…
Disney’s ESPN could be valued at $24 billion, likely buyers include Apple, Verizon – BofA
(Reuters) – Walt Disney’s ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from sports leagues, tech firms like Apple and telecom majors including Verizon, according…
US auto sales likely to rise in October but impact of UAW strike looms – report
(Reuters) – U.S. auto sales are expected to rise in October but the outlook for the rest of the year remains uncertain owing to the auto workers strike at Detroit Three, a…
Mexico inflation likely ticked down in first half of October: Reuters poll
MEXICO CITY (Reuters) – Mexico’s inflation likely eased in the first half of October, but still stuck above the central bank’s target, a Reuters poll showed on Monday, supporting bets the bank…
Analysis-Mega transatlantic oil mergers less likely after Exxon, Chevron deals
By Ron Bousso LONDON (Reuters) – The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas…
Profits of US mid-sized banks likely to be squeezed by higher funding costs
By Manya Saini and Niket Nishant (Reuters) – U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, a move that could crimp margins…
S&P 500 rally in Q4 “more likely than not” despite headwinds – Morgan Stanley
(Reuters) – A rally in the S&P 500 in the fourth quarter of 2023 “is more likely than not”, Morgan Stanley’s Michael Wilson said in a note. Wilson and other strategists said…
Breaking News
