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looms

US machinery makers eye bumper earnings for now, but inventory glut looms

July 26, 2023July 26, 2023
Us machinery makers eye bumper earnings for now, but inventory glut looms - photo licensed by shore news network.

By Bianca Flowers CHICAGO (Reuters) – U.S. equipment makers are likely to face excess inventory early next year as demand from farmers and construction companies …

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China’s sagging economy looms over quarterly results around the world

July 20, 2023July 20, 2023
China's sagging economy looms over quarterly results around the world - photo licensed by shore news network.

By Noel Randewich (Reuters) – China’s frail growth could weigh on companies with exposure to the world’s second-largest economy, including Apple, big chipmakers and luxury …

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Analysis-Thailand’s monarchy looms over battle for prime minister

July 10, 2023July 10, 2023
Analysis-thailand's monarchy looms over battle for prime minister - photo licensed by shore news network.

By Panu Wongcha-um and Panarat Thepgumpanat BANGKOK (Reuters) – The role of the monarchy in Thailand is at the core of a looming deadlock that …

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Marketmind: Markets soothed as peak Fed looms

July 10, 2023July 10, 2023
Marketmind: markets soothed as peak fed looms - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The shadow over Asian markets …

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Polish LGBTQ march seeks to show strength as election looms

June 17, 2023

WARSAW (Reuters) – Tens of thousands of Poles are expected to march through the streets of Warsaw on Saturday to demand equality for LGBTQ people, …

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Mexico rulers tipped to win historic state election as presidency race looms

May 29, 2023
Mexico rulers tipped to win historic state election as presidency race looms - photo licensed by shore news network.

By Dave Graham LOS REYES ACAQUILPAN, Mexico (Reuters) – Mexico’s ruling party next month looks likely to seize one of the last major opposition strongholds …

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Fitch puts multiple US govt-linked securities on negative watch as debt deadline looms

May 26, 2023

(Reuters) – Ratings agency Fitch on Friday placed a raft of U.S. government-related securities on watch for a possible downgrade, as talks over the debt …

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Analysis-Wall Street prepares for Treasuries mess as default looms

May 26, 2023
Analysis-wall street prepares for treasuries mess as default looms - photo licensed by shore news network.

By Gertrude Chavez-Dreyfuss, Saeed Azhar and Davide Barbuscia NEW YORK (Reuters) – Anxiety is increasing in parts of Wall Street that rely on Treasury securities …

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Fitch puts Fannie Mae, Freddie Mac on negative watch as US debt deadline looms

May 25, 2023
Fitch puts fannie mae, freddie mac on negative watch as us debt deadline looms - photo licensed by shore news network.

(Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for a possible downgrade as U.S. …

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US Treasury asks federal agencies for payments clarity as debt ceiling default looms

May 23, 2023
Us treasury asks federal agencies for payments clarity as debt ceiling default looms - photo licensed by shore news network.

WASHINGTON (Reuters) – The U.S. Treasury said on Tuesday it is asking other federal agencies for greater clarity and communication on the payments they expect …

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WestJet union seeks to narrow pay gap between Canada and U.S. pilots as strike looms

May 16, 2023
Westjet union seeks to narrow pay gap between canada and u. S. Pilots as strike looms - photo licensed by shore news network.

By Allison Lampert (Reuters) – Higher pay remains an obstacle for Canada’s WestJet Airlines and its pilots to secure an agreement and avert a possible …

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Israeli cities strike over tax plan as budget deadline looms

May 15, 2023
Israeli cities strike over tax plan as budget deadline looms - photo licensed by shore news network.

By Ari Rabinovitch and Steven Scheer JERUSALEM (Reuters) – Many of the biggest and wealthiest cities in Israel went on strike on Monday over a …

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‘A False Dilemma’: GOP Presidential Hopefuls Weigh In On The Debt Ceiling Debate As Default Looms

May 10, 2023

‘A False Dilemma’: GOP Presidential Hopefuls Weigh In On The Debt Ceiling Debate As Default Looms Mary Lou Masters on May 10, 2023 As debt …

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Biden Admin Announces $300 Million Ukraine Aid Package As Counteroffensive Looms

May 3, 2023

Biden Admin Announces $300 Million Ukraine Aid Package As Counteroffensive Looms Micaela Burrow on May 3, 2023 The Biden administration announced a Ukraine assistance package …

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Russia’s weekly consumer prices rise as central bank rate decision looms

April 26, 2023
Russia's weekly consumer prices rise as central bank rate decision looms - photo licensed by shore news network.

(Reuters) -Russia’s weekly consumer prices rose at a faster pace in the week to April 24, data from state statistics service Rosstat showed on Wednesday, …

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JPMorgan sees “non-trivial risk” of a technical default on U.S. Treasuries as debt ceiling looms

April 20, 2023
Jpmorgan sees "non-trivial risk" of a technical default on u. S. Treasuries as debt ceiling looms - photo licensed by shore news network.

LONDON (Reuters) – JPMorgan expects the U.S. debt ceiling to become an issue as early as next month with the Wall Street bank ascribing a …

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Factbox-Wall St banks expect one more Fed rate-hike as recession looms

April 13, 2023
Factbox-wall st banks expect one more fed rate-hike as recession looms - photo licensed by shore news network.

(Reuters) – Most major U.S. banks expect the Federal Reserve to raise interest rates by another 25 basis points next month, following evidence of sticky …

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Russian consumer inflation slows to 11% in Feb as rate decision looms

March 10, 2023
Russian consumer inflation slows to 11% in feb as rate decision looms - photo licensed by shore news network.

(Reuters) – Annual inflation in Russia slowed in February but remains elevated, data from the state statistics service Rosstat showed on Friday, leaving the central …

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U.S. watchdog shutters mortgage outfit as high court case looms

February 27, 2023
U. S. Watchdog shutters mortgage outfit as high court case looms - photo licensed by shore news network.

(Reuters) – The U.S. consumer financial watchdog agency on Monday said it had permanently barred California mortgage broker RMK Financial Corp. from the mortgage lending …

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Sauickie jumps ship after defying Jackson mayor as assembly primary looms

February 23, 2023
Sauickie jumps ship after defying jackson mayor as assembly primary looms - photo licensed by shore news network.

JACKSON TOWNSHIP, NJ – Former Jackson Township Councilman Alex Sauickie is having a change of heart after vehemently opposing Mayor Michael Reina in the 2022 …

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U.S. companies face more pain as expected ‘earnings recession’ looms

February 13, 2023
U. S. Companies face more pain as expected ‘earnings recession’ looms - photo licensed by shore news network.

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. companies’ earnings woes are likely to extend beyond the weak fourth quarter, as a booming labor market …

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U.S. Capitol Police ready for future attacks as Jan. 6 anniversary looms

January 2, 2023
U. S. Capitol police ready for future attacks as jan. 6 anniversary looms - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. Capitol Police are prepared for any possible future attacks on Congress, its chief said on Monday ahead of the second anniversary …

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Ukrainian groups to get new UN funds as winter looms

December 20, 2022
Ukrainian groups to get new un funds as winter looms - photo licensed by shore news network.

KYIV (Reuters) – Ukrainians shivering under bombs, frost and power outages will soon get more help from a fund that funnels money to volunteers, community …

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Nike sales may soar as discounts draw shoppers; margin squeeze looms

December 19, 2022
Nike sales may soar as discounts draw shoppers; margin squeeze looms - photo licensed by shore news network.

By Deborah Mary Sophia (Reuters) – Nike Inc is expected to report a big bump in second-quarter sales, as it offered deep discounts on its …

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Australia’s sovereign wealth fund buys gold, commodities as shadow of 1970s looms

December 19, 2022December 19, 2022
Australia's sovereign wealth fund buys gold, commodities as shadow of 1970s looms - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – Australia’s A$200 billion ($134.28 billion) sovereign wealth fund is increasing exposure to gold, commodities, private equity and infrastructure as …

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ECB to raise scrutiny of banks’ credit risk, funding in 2023 as recession looms

December 12, 2022December 12, 2022
Ecb to raise scrutiny of banks' credit risk, funding in 2023 as recession looms - photo licensed by shore news network.

FRANKFURT (Reuters) – The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding, it said on Monday while outlining …

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Russian consumer inflation slows to 12% as central bank meeting looms

December 9, 2022December 9, 2022
Russian consumer inflation slows to 12% as central bank meeting looms - photo licensed by shore news network.

MOSCOW (Reuters) – Annual inflation in Russia slowed further in November, but consumer prices rose again in month-on-month terms, data showed on Friday, just one …

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Biden Admin Seriously Considers Mirroring Trump’s Policies As Border Surge Looms: REPORT

November 30, 2022
Biden admin seriously considers mirroring trump’s policies as border surge looms: report - photo licensed by shore news network.

Biden Admin Seriously Considers Mirroring Trump’s Policies As Border Surge Looms: REPORT Jennie Taer on November 30, 2022 The Biden administration is seriously considering whether …

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Biden Asks Congress To Force Rail Unions Into Administration-Brokered Deal As Strike Threat Looms

November 30, 2022November 29, 2022
Biden asks congress to force rail unions into administration-brokered deal as strike threat looms - photo licensed by shore news network.

Biden Asks Congress To Force Rail Unions Into Administration-Brokered Deal As Strike Threat Looms John Hugh DeMastri on November 28, 2022 President Joe Biden called …

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Credito Real in talks with bondholders as bankruptcy ruling looms

November 16, 2022November 16, 2022
Credito real in talks with bondholders as bankruptcy ruling looms - photo licensed by shore news network.

MEXICO CITY (Reuters) – Troubled Mexican non-bank lender Credito Real is in talks with foreign bondholders, prompting creditors to delay their request for an involuntary …

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‘Herschel First’: Kudlow Calls For Trump To Put His ‘Political Plans On Hold’ As Georgia Runoff Looms

November 12, 2022
‘herschel first’: kudlow calls for trump to put his ‘political plans on hold’ as georgia runoff looms - photo licensed by shore news network.

‘Herschel First’: Kudlow Calls For Trump To Put His ‘Political Plans On Hold’ As Georgia Runoff Looms Harold Hutchison on November 11, 2022 Fox Business …

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Recession risk looms large over euro zone, ECB policymaker says

October 28, 2022
Recession risk looms large over euro zone, ecb policymaker says - photo licensed by shore news network.

VILNIUS (Reuters) – The likelihood of a euro zone recession is rising but the European Central Bank needs to keep raising interest rates as inflation …

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China coal trade disrupted by COVID outbreaks as winter looms

October 28, 2022October 28, 2022
China coal trade disrupted by covid outbreaks as winter looms - photo licensed by shore news network.

By Muyu Xu SINGAPORE (Reuters) – China’s strict COVID-19 policy is constraining coal supplies and pushing up prices, industry officials and traders say, just weeks …

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Twitter shares drift towards Musk’s offer price as deadline looms

October 26, 2022
Twitter shares drift towards musk's offer price as deadline looms - photo licensed by shore news network.

(Reuters) – Twitter Inc’s stock inched closer to Elon Musk’s $54.20 per share buyout offer for the micro-blogging site on Wednesday, in a sign that …

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In ‘unprecedented’ global chip slump, SK Hynix to halve investment as recession looms

October 26, 2022October 26, 2022
In 'unprecedented' global chip slump, sk hynix to halve investment as recession looms - photo licensed by shore news network.

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc warned on Wednesday of an “unprecedented deterioration” in memory chip demand, deepening …

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Monte dei Paschi’s M&A challenge looms as share sale starts

October 18, 2022
Monte dei paschi's m&a challenge looms as share sale starts - photo licensed by shore news network.

By Valentina Za and Giuseppe Fonte MILAN (Reuters) – Monte dei Paschi di Siena’s management and Italian Treasury officials are ready to revive talks with …

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Analysts cut Canadian dollar forecasts as recession risk looms: Reuters poll

October 6, 2022
Analysts cut canadian dollar forecasts as recession risk looms: reuters poll - photo licensed by shore news network.

By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to fall short of a September forecast for the coming year following sharp losses …

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Double digit inflation looms as first headache for Italy’s Meloni

September 30, 2022September 30, 2022
Double digit inflation looms as first headache for italy's meloni - photo licensed by shore news network.

By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – When outgoing Prime Minister Mario Draghi took office 19 months ago Italian inflation was running at …

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AmEx to hire 1,500 tech staff by year-end even as recession looms

September 19, 2022
Amex to hire 1,500 tech staff by year-end even as recession looms - photo licensed by shore news network.

(Reuters) – American Express Co said on Monday it is looking to hire around 1,500 people for technology roles, shrugging off fears of an economic …

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‘The selling pressure is feeding on itself:’ ARK, meme stocks tumble as Fed hike looms

September 16, 2022September 16, 2022
'the selling pressure is feeding on itself:' ark, meme stocks tumble as fed hike looms - photo licensed by shore news network.

By David Randall NEW YORK (Reuters) – Sizzling inflation that helped send 2-year U.S. Treasury yields to fresh 14-year highs continued to burn some of …

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U.S. railroad unions warn of cargo delays as contract deadline looms

September 11, 2022
U. S. Railroad unions warn of cargo delays as contract deadline looms - photo licensed by shore news network.

By Lisa Baertlein LOS ANGELES (Reuters) – Two unions negotiating contracts for almost 60,000 workers at major U.S. freight railways on Sunday said those employers …

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As harvest time looms, China tells farmers to replant or switch crops

August 25, 2022
As harvest time looms, china tells farmers to replant or switch crops - photo licensed by shore news network.

By Xiaoyu Yin and Thomas Peter NANCHANG, China (Reuters) – As China’s record heatwave starts to subside, farmers are assessing the damage caused by a …

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Marketmind: More doom and gloom looms for Europe

August 17, 2022
Marketmind: more doom and gloom looms for europe - photo licensed by shore news network.

A look at the day ahead in European and global markets from Alun John Europeans will be hoping Wednesday’s economic data will provide some respite …

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Analysis-Gang crime looms over election in Sweden as shootings spread

August 12, 2022
Analysis-gang crime looms over election in sweden as shootings spread - photo licensed by shore news network.

By Johan Ahlander and Simon Johnson OREBRO – In the span of eight days in May, three young men were shot dead in a small …

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Winter diesel shock looms as tanks dry up ahead of sanctions

August 12, 2022
Winter diesel shock looms as tanks dry up ahead of sanctions - photo licensed by shore news network.

By Ahmad Ghaddar and Rowena Edwards LONDON – Europe is heading into winter with seasonally low levels of diesel in storage tanks, with major implications …

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Canadian companies stick to hiring plans even as slowdown looms

August 3, 2022August 3, 2022
Canadian companies stick to hiring plans even as slowdown looms - photo licensed by shore news network.

By Shreya Jain and Allison Lampert TORONTO – The pace of job creation is slowing in Canada, hammered by the sharp rise in interest rates, …

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As US eyes new China chip curbs, turmoil looms for global market

August 3, 2022
As us eyes new china chip curbs, turmoil looms for global market - photo licensed by shore news network.

By Joyce Lee SEOUL – Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts …

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Explainer-Australia reviews gas export curb trigger as domestic shortfall looms

August 1, 2022
Explainer-australia reviews gas export curb trigger as domestic shortfall looms - photo licensed by shore news network.

By Sonali Paul MELBOURNE – Australia’s competition watchdog on Monday warned the country’s east coast faces a gas supply shortfall in 2023, prompting the government …

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‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms

July 20, 2022
‘impossible situation’: europe faces recession, debt crisis as rate hike looms - photo licensed by shore news network.

‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms Max Keating on July 20, 2022 The European Central Bank (ECB) will announce its …

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Russian consumer prices dip again as cenbank rate meeting looms

July 20, 2022
Russian consumer prices dip again as cenbank rate meeting looms - photo licensed by shore news network.

MOSCOW – Consumer prices in Russia declined 0.17% in the week to July 15 after sliding 0.03% a week earlier, data showed on Wednesday, keeping …

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