Ocean County to vote today on $16M in capital pet projects with no funds for homelessness response they created
TOMS RIVER, N.J. — The Ocean County Board of Commissioners is set to vote today on over $16 million in capital improvement ordinances, funding a range of infrastructure projects across the county.…
Exclusive-ChatGPT owner OpenAI projects $1 billion in revenue by 2024 -sources
By Jeffrey Dastin, Krystal Hu and Paresh Dave (Reuters) – ChatGPT, the new chatbot that is the talk of Silicon Valley, can spit out haikus, crack jokes in Italian and may soon…
Banking Giant Vows To Quit Funding New Oil And Gas Projects
Banking Giant Vows To Quit Funding New Oil And Gas Projects Jack McEvoy on December 14, 2022 The world’s eighth-largest bank HSBC said Wednesday that it would stop giving loans to fund…
Russian gas chemical projects face delays after foreign partners exit -cbank
MOSCOW (Reuters) – Russian gas chemical gas projects, led by energy giant Gazprom and privately held Sibur, are facing delays over decreased foreign involvement, a December report by the central bank showed.…
Biden Admin Moves To Fund Foreign Mining Projects After Blocking Domestic Mines: REPORT
Biden Admin Moves To Fund Foreign Mining Projects After Blocking Domestic Mines: REPORT Jack McEvoy on December 12, 2022 The Biden administration may fund 12 critical mineral mining projects in foreign countries…
Exxon, Chevron to spend billions more on oil projects next year
By Sabrina Valle HOUSTON (Reuters) – The two largest U.S. oil companies – Exxon Mobil Corp and Chevron Corp – disclosed plans to increase outlays on energy projects next year amid high…
Paramount Global projects fourth-quarter advertising revenue will decline from third quarter
By Helen Coster (Reuters) – Paramount Global expects its fourth-quarter advertising revenue to be lower than its third quarter advertising revenue, Chief Executive Officer Bob Bakish said at the UBS Global TMT…
China approves eight fixed-asset investment projects worth $1.27 billion in Oct
BEIJING (Reuters) – China’s state planner, the National Development and Reform Commission (NDRC), in October approved eight fixed-asset investment projects worth 9 billion yuan ($1.27 billion), Meng Wei, an NDRC spokesperson told…
Pakistan keeps policy rate at 15%, projects high inflation, weak growth
By Syed Raza Hassan KARACHI, Pakistan (Reuters) – Pakistan’s central bank kept its key policy rate unchanged at 15% on Monday, days after the South Asian country’s credit rating was downgraded in…
Japan firms eye ammonia, methanol projects in Canada, Alberta minister says
By Yuka Obayashi TOKYO (Reuters) – Japanese companies are looking to invest in the Canadian province of Alberta to produce ammonia and methanol in the effort to build global supply chains of…
Shenzhen govt-owned firm steps in to complete four Evergrande projects
HONG KONG (Reuters) – Embattled China Evergrande Group is working with a real estate investment and operations firm owned by the Shenzhen government to complete four property developments in the tech hub,…
Saudi Arabia to invest $10 billion in local infrastructure projects – state TV
(Reuters) – Saudi Arabia will invest 40 billion riyals ($10.6 billion) in developing local infrastructure projects in 11 cities, state TV reported on Saturday citing the Ministry of Municipal and Rural Affairs…
Russia to spend $6.8 billion from wealth fund on infrastructure projects in 2022
KAZAN (Reuters) -Russia plans to spend 400 billion roubles ($6.8 billion) of its National Wealth Fund money on investment projects this year, on top of the 535 billion roubles it has previously…
Brazil government projects 2022 primary surplus of $2.6 billion, first in nine years
BRASILIA (Reuters) – Brazil’s government estimated on Thursday it will post a primary surplus this year, the first since 2013, with public accounts benefiting from booming tax revenue and hefty dividends from…
Amazon drives renewable energy push with 71 new projects
(Reuters) – Amazon.com Inc said on Wednesday it would add 2.7 gigawatts of clean energy capacity through several new projects as it seeks to use 100% renewable energy across its business by…
John Kerry, Whose Family Owns A Private Jet, Cautions Impoverished African Nations Against Natural Gas Projects
John Kerry, Whose Family Owns A Private Jet, Cautions Impoverished African Nations Against Natural Gas Projects Jack McEvoy on September 17, 2022 CORRECTION: A previous version of this article incorrectly stated that…
Factbox-U.S. climate package jump-starts EV, clean energy projects
By Valerie Volcovici (Reuters) – U.S. President Joe Biden’s signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments. As a result, dozens…
Chinese city to start building stalled housing projects amid mortgage boycott
BEIJING (Reuters) – The Chinese city of Zhengzhou vowed to start building all stalled housing projects within 30 days, by making good use of special loans, asking developers to return misappropriated funds,…
IKEA stores owner buys 49% stake in Swedish wind power projects
STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden from renewables…
U.S. Representative Sean Patrick Maloney holds on to Democratic nomination in New York, AP projects
(Reuters) – U.S. Representative Sean Patrick Maloney, the head of the Democratic caucus’s fundraising arm in the House of Representatives, has held off a progressive challenger for the party nomination in a…
Thailand’s investment pledges slump in H1 as foreign projects wane
BANGKOK (Reuters) – Investment applications in Thailand dropped by 42% in the first half of 2022 compared to the same period last year, official data showed on Wednesday, led by a sharp…
Trump-backed Michels wins Republican nomination for Wisconsin governor, AP projects
(Reuters) – Construction company owner Tim Michels on Tuesday won the Republican nomination for Wisconsin’s gubernatorial race after receiving the endorsement of former President Donald Trump, AP projected. He defeated former Lieutenant…
U.S. Congress passage of subsidies prompts chip makers to move on projects
By Jane Lanhee Lee (Reuters) – Major semiconductor makers on Thursday hailed passage in the U.S. Congress of a pot of federal government money for new chip factories in the United States,…
Schroders teams up with conservation body to invest in nature-protection projects
By Simon Jessop LONDON – Asset manager Schroders has teamed up with an environmental organisation to set up a Singapore-based fund house to invest in projects that seek to halt and reverse…
Chile’s Codelco to restart some mining projects after worker deaths
SANTIAGO – Chile’s state-owned Codelco, the world’s top copper miner, expects to gradually restart operations at some of its mining projects on Monday, following the death of two workers earlier this month,…
China approves projects worth $50 billion after easing environment rules
SHANGHAI – China has fast-tracked the approval of construction projects worth more than 380 billion yuan ($56.22 billion) after relaxing its environmental rules last month, but will still show “zero tolerance” to…
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