New China-focused hedge fund bucks trend to raise more than $100 million
By Summer Zhen and Xie Yu HONG KONG (Reuters) – A new China-focused hedge fund, led by a former Hillhouse Capital Management fund manager, has …
Raise
Heavy rains raise threat of powdery mildew for Jersey zucchini growers
After more than a month without rain, New Jersey gardeners this week are dealing with another problem. The arrival of spring rains and the conditions …
UN experts raise ‘widespread’ torture concerns with Russia
GENEVA (Reuters) -A group of U.N. experts said on Thursday they had written to Moscow raising concerns about the use of torture by Russian military …
Fewer UK firms expect to raise prices in month ahead – ONS
LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month, a survey of businesses showed …
NYC Teachers Union Gets Massive Pay Raise As Student Math Scores Plummet
NYC Teachers Union Gets Massive Pay Raise As Student Math Scores Plummet Reagan Reese on June 14, 2023 The New York City teachers union struck …
Brazil airline Azul ready to raise capital after debt deals – CEO
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airline Azul is ready to raise additional capital, its chief executive said in an interview, after reaching …
BoC to raise rates once more by 25 bps in July to 5.00%: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – The Bank of Canada will raise interest rates again in July to 5.00% after a surprise 25 basis point …
New York City To Raise Minimum Wage For Delivery App Workers
New York City To Raise Minimum Wage For Delivery App Workers Will Kessler on June 12, 2023 Democratic New York City Mayor Eric Adams announced …
Trendy New ‘Preferred Pronoun’ Rules For Courts Raise Serious Legal Questions, Experts Say
Trendy New ‘Preferred Pronoun’ Rules For Courts Raise Serious Legal Questions, Experts Say Katelynn Richardson on June 11, 2023 Religious legal groups argue that new …
Goldman Sachs: “Fully orthodox” policy maker could raise Turkey rates to 40%
LONDON (Reuters) – Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye Erkan as central bank governor …
BlackRock Looks To Raise $7 Billion To Boost ‘Renewable Power’ Projects
BlackRock Looks To Raise $7 Billion To Boost ‘Renewable Power’ Projects John Hugh DeMastri on June 8, 2023 BlackRock, the world’s largest asset manager, is …
Schepisi Introduces Bill to Honor Victims of Fentanyl Poisoning and Raise Awareness
Sen. Holly Schepisi introduced a joint resolution, SJR-128, to designate July 14th of each year as Fentanyl Poisoning Awareness Day.
Federal Judge Delays Hearing On Whether Biden Can Invoke 14th Amendment To Raise Debt Ceiling
Federal Judge Delays Hearing On Whether Biden Can Invoke 14th Amendment To Raise Debt Ceiling Katelynn Richardson on May 30, 2023 A federal judge postponed …
Nigeria’s Senate approves bill to raise government borrowing from central bank
ABUJA (Reuters) – Nigeria’s Senate amended a law on Saturday to allow the federal government to borrow more money from the central bank, just days …
WestJet, pilots in tentative deal for 24% hourly raise over 4 years, document shows
By Allison Lampert MONTREAL (Reuters) – WestJet Airlines pilots will get a 24% hourly raise over four years, plus other pay and benefits as part …
Exclusive-Deutsche Bank used big trades to raise cash in March turmoil -sources
By Francesco Canepa and Tom Sims FRANKFURT (Reuters) – As banks came under mounting pressure in March, Deutsche Bank used big trades to give its …
New Biden Admin Mandate Will Raise Costs On Mobile Homeowners For ‘Zero’ Climate Benefit, Experts Say
New Biden Admin Mandate Will Raise Costs On Mobile Homeowners For ‘Zero’ Climate Benefit, Experts Say John Hugh DeMastri on May 21, 2023 The Biden …
GROVER NORQUIST: Biden’s Radical Labor Nominee Wants To Raise Your Taxes
GROVER NORQUIST: Biden’s Radical Labor Nominee Wants To Raise Your Taxes Grover Norquist on May 20, 2023 President Joe Biden nominated an extraordinarily radical candidate …
American Airlines pilots to get 21% pay raise this year in tentative contract -sources
CHICAGO (Reuters) – Pilots at American Airlines will get a 21% pay raise this year as part of a new four-year tentative contract, three sources …
Bank of Israel to raise rates 25 bps next week, may be last in cycle – Reuters poll
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to raise short-term interest rates by another quarter-point to a more than 16-year high …
Japan eyes annual $22 billion for childcare to tackle birth rate decline -report
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government estimates it needs to raise about 3 trillion yen ($22.2 billion) in funds per …
Fewer UK firms expect to raise prices over the next month, ONS says
LONDON (Reuters) – The proportion of British businesses expecting to raise prices has fallen in a latest sign that price pressures have peaked after inflation …
Charles Schwab to raise $2.5 billion in long-term debt – WSJ
(Reuters) – Charles Schwab Corp is looking to raise $2.5 billion in long-term debt, the Wall Street Journal reported on Wednesday, citing people familiar with …
Beyond Meat tumbles to new low after seeking to raise $200 million
(Reuters) – Shares of Beyond Meat tumbled 18% to new lows on Thursday after the plant-based substitute meat seller said it would sell up to …
Bank of England poised to raise rates again to tackle stubborn inflation
By William Schomberg LONDON (Reuters) – The Bank of England (BoE) is poised to raise borrowing costs for the 12th meeting in a row on …
ECB may need to raise rates for longer than anticipated: Kazimir
FRANKFURT (Reuters) – The European Central Bank may need to raise interest rates for longer than currently anticipated, and September could be the earliest moment …
Yellen says ‘no good options’ if Congress fails to raise debt ceiling
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Monday that a failure by Congress to raise the $31.4 …
Spain gives Vivendi approval to raise stake in media group Prisa
MADRID (Reuters) – Spanish media company Prisa said on Friday its second-largest shareholder Vivendi, had obtained the Spanish government’s go-ahead to raise its stake in …
Spain’s unions and employers agree to raise wages by 4% in 2023
MADRID (Reuters) – Spain’s main unions and representatives of employers reached a preliminary agreement on Friday to grant a 4% wage increase across the board …
HSBC to raise Hong Kong best lending rate to 5.75%
HONG KONG (Reuters) – HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect from Friday, the bank said …
Chevron could raise oil output in Venezuela by 50%, CEO says
By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) – U.S. oil producer Chevron Corp could raise its production in Venezuela this year by up to …
RBA to hold cash rate at 3.60% in May, but may need to raise again: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep its interest rate unchanged at 3.6% on Tuesday for a second consecutive meeting to …
ECB will have to raise rates again on May 4, Lane tells Le Monde
PARIS (Reuters) – The European Central Bank will need to raise interest rates again at its forthcoming meeting next week but the size of the …
Market divided on Colombia interest rate decision – hold or raise?- Reuters Poll
By Nelson Bocanegra BOGOTA (Reuters) – Analysts are divided on whether Colombia’s central bank board will hold the interest rate steady for the first time …
Morgan Stanley, Deutsche and others raise UK rate-hike forecasts
LONDON (Reuters) – A number of banks including Morgan Stanley and Deutsche Bank on Wednesday revised upward expectations for further UK interest rate hikes as …
Massive Teachers Union Plans Boycott Until They Get A Pay Raise
Massive Teachers Union Plans Boycott Until They Get A Pay Raise Reagan Reese on April 13, 2023 Teachers of the second largest school district in …
India’s HDFC Bank to raise $6 billion in debt over next 1 year
BENGALURU (Reuters) – Indian private lender HDFC Bank Ltd said on Tuesday it would consider raising debt of 500 billion rupees (about $6 billion) over …
Bergen County police officers raise money for cancer through “Borough of Beards”
Fifteen Bergen County towns recently came together for a heartwarming cause, as police officers from these towns grew beards for a fundraising campaign. The annual …
India central bank set to raise rates 25 bps on elevated inflation, keep hawkish stance
By Swati Bhat MUMBAI (Reuters) – India’s central bank is widely expected to raise its benchmark rate on Thursday for the seventh consecutive meeting and …
IMF warns geopolitical fragmentation could raise financial stability risks
By David Lawder WASHINGTON (Reuters) – Rising geopolitical tensions and the resulting fragmentation of the global economy could increase financial stability risks, reducing cross-border investments, …
West African countries struggle to raise funds from regional debt market
By Loucoumane Coulibaly ABIDJAN (Reuters) – West African countries of the eight-nation economic and monetary union are struggling to raise funds on the regional capital …
AMC slumps as lawsuit settlement opens door to capital raise
(Reuters) – AMC Entertainment Holdings Inc’s shares fell 19% on Tuesday and preferred shares rose 14% after a lawsuit settlement brought the company a step …
Corporate agitator Ackman tells US to raise FDIC insurance limit to shore up confidence
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor William Ackman who spent years telling corporations how to perform better is now taking on the …
Landlords raise rent on more than half of properties in England: ONS
By Suban Abdulla LONDON (Reuters) – Private-sector landlords in England increased rents on more than half of homes in the year to February, up from …
Stellantis, Daimler Truck agree with Mexico union on pay raise of about 9%
MEXICO CITY (Reuters) – Automakers Stellantis and a Mexican unit of Daimler Truck have reached deals with one of Mexico’s biggest unions to raise wages …
Philippine central bank to raise rates 25 bps in March, 6.50% peak seen in Q2 – Reuters Poll
By Anant Chandak BENGALURU (Reuters) – The Philippine central bank will hike its main interest rate by a modest 25 basis points on Thursday, followed …
First Republic Bank plans to raise cash by selling shares privately – NYT
(Reuters) – First Republic Bank is in talks to raise money from other banks or private equity firms by issuing new shares, the New York …
Traders keep to bets Fed will raise interest rates by 25 bps next week
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate have stuck to their bets of a quarter percentage point interest rate hike …
Fed likely to raise rates by 25 bps, with eyes on banks -PIMCO’s CIO
By Davide Barbuscia NEW YORK (Reuters) – The U.S. Federal Reserve will likely raise rates by 25 basis points at its next rate-setting meeting next …
U.S. regional banks under pressure to raise deposit rates – analysts
By Tatiana Bautzer NEW YORK (Reuters) – U.S. regional banks are expected to pay higher rates to depositors to keep them from switching to larger …