Ocean City police issue black ice warning as freezing temperatures persist
OCEAN CITY, Md. — The Ocean City Police Department is warning residents of the potential for dangerous black ice on roadways as temperatures stay below freezing through the night. Officials noted that…
Moody’s and Fitch say Chile’s polarization, social demands persist after constitution vote
SANTIAGO (Reuters) – A vote in Chile to reject a new constitution on Sunday reduced regulatory uncertainty but does not resolve social discontent or political divisions, rating agencies said on Monday. The…
Japan’s factory activity extends declines as pressures persist- PMI
TOKYO (Reuters) – Japan’s factory activity shrank for a seventh straight month in December while the service sector made modest gains, a business survey showed on Friday, as weak demand and price…
‘Economic state of shock’ to persist in Germany in 2024 -survey
(Reuters) – German businesses, which have been struggling with high inflation, energy price fluctuations and geopolitical instabilities for months, are rather pessimistic for 2024 and do not expect a recovery, a study…
Ukraine ready to evacuate stranded truckers as Polish protests persist
By Pavel Polityuk and Tom Balmforth KYIV (Reuters) – Ukraine’s top truckers union said on Friday its hopes of a rapid end to Polish trucker protests at the border were fading, as…
Fed’s Powell says higher rates need to persist to affect Fed policy choices
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday that market borrowing costs would need to be sustainably higher for that to bear on future central…
Mexico sees solid economic expansion but price pressures persist
MEXICO CITY (Reuters) – Mexico’s economy, the second biggest in Latin America, could expand by 3.5% or more this year, a senior finance ministry official said on Wednesday, as one central banker…
China’a Q3 GDP growth seen slowing to 4.4% as headwinds persist: Reuters poll
By Kevin Yao BEIJING (Reuters) – China’s economy is expected to have slowed in the third quarter as demand at home and abroad faltered, but increased support from the government means Beijing…
Mexico pitches tax breaks to lure foreign investment, infrastructure doubts persist
By Valentine Hilaire MEXICO CITY (Reuters) – Mexico on Wednesday issued a decree to grant tax breaks for companies that relocate operations to Mexico, targeting major export industries such as carmaking and…
Most Japanese firms expect China’s economic slowdown to persist into 2025 – Reuters poll
By Tim Kelly TOKYO (Reuters) – Most Japanese companies expect a slowdown in China’s economy to persist into 2025, with nearly two thirds of firms that operate there looking to shift some…
Samsung Q3 profit set to slump 80% as chip losses persist
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ third-quarter profit is expected to drop 80% from a year earlier as the effects of an ongoing global chip glut drive losses in what…
Trump says it was his decision to persist with 2020 election challenges
By Jason Lange WASHINGTON (Reuters) – Former U.S. President Donald Trump said he dismissed the views of his own lawyers in continuing to challenge his 2020 defeat because he did not respect…
India bond yield curve inversion to persist on tight liquidity, inflation fears – traders
By Dharamraj Dhutia MUMBAI (Reuters) – Tight liquidity conditions and sticky inflation will keep the four-year to 10-year part of the Indian government bond yield curve inverted, traders said on Monday. “The…
U.S. hospital pharmacists ration drugs as shortages persist – survey
By Khushi Mandowara (Reuters) -Nearly a third of U.S. hospital pharmacists say they were forced to ration, delay or cancel treatments as drug shortages in the United States approach an all-time high,…
Bird-flu bans on US poultry exports persist even as cases subside
By Tom Polansek CHICAGO (Reuters) – U.S. poultry producers say they face prolonged economic pain from avian flu despite going months without infections in flocks, as China and some smaller importers fail…
Bud Light’s Bad Sales Persist As Backlash Continues
Bud Light’s Bad Sales Persist As Backlash Continues Will Kessler on June 21, 2023 Bud Light’s year-over-year sales numbers have continued to drop in June, three months after controversy began over its…
UK business confidence dips in May, inflation pressures persist: Lloyds
By Suban Abdulla LONDON (Reuters) – Sentiment among British businesses fell for the first time in three months in May as firms were less optimistic about the economy and their trading prospects…
US dollar dominance to persist for decades despite challenges – Moody’s
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar’s dominance in international trade and finance will persist for decades despite new challenges and even when a more multipolar currency system…
El Niño could form during May-July, persist through winter – U.S. CPC
(Reuters) -The El Niño weather pattern was likely to form during the May-July season, with a more than 90% chance of the phenomenon persisting into the North Hemisphere winter, a U.S. government…
Air Lease says aircraft delivery delays to persist for years
(Reuters) – Air Lease Corp said on Monday it expects delivery delays from Boeing Co and Airbus SE to persist for several years, adding to the headaches of the aerospace industry amid…
Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist
Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist Jason Cohen on March 15, 2023 After a surprisingly strong start to the year, persistently high inflation and uncertainty regarding forthcoming…
Army Plans To Spend Billions On Attracting New Troops In 2024 As Recruiting Challenges Are Expected To Persist
Army Plans To Spend Billions On Attracting New Troops In 2024 As Recruiting Challenges Are Expected To Persist Micaela Burrow on March 14, 2023 The U.S. Army plans to spend billions on…
Fed’s Barkin: Labor shortages may persist
ROSSLYN, Va (Reuters) – The labor shortages bedeviling U.S. businesses are unlikely to be resolved quickly or easily, Richmond Federal Reserve bank president Thomas Barkin said Friday, pointing to low immigration, population…
Leidos Holdings sees 2023 profit below estimates as supply chain woes persist
(Reuters) – U.S. defense contractor Leidos Holdings Inc forecast lower-than-expected 2023 profit as the industry struggles with labor shortages, higher costs and lingering supply chain bottlenecks. The Reston, Virginia-based company expects 2023…
Tenet Healthcare’s fourth-quarter beat puts 2023 concerns at bay
(Reuters) -Tenet Healthcare Corp on Thursday beat Wall Street estimates for fourth-quarter results as growth in its outpatient service business put concerns around the hospital operator’s weak 2023 forecast at bay. The…
China developers’ debt risks persist after support policies’ slow start
By Clare Jim HONG KONG (Reuters) – China’s Country Garden had some rare good news for the cash-squeezed property sector with an offshore debt repayment on Tuesday, but a closer look reveals…
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