Juul Labs raises $1.3 billion in funding
(Reuters) -Juul Labs said on Monday it has raised about $1.3 billion in funding, months after the e-cigarette maker revealed plans to lay off about …
Raises
Honda posts 31% Q2 operating profit jump, raises full-year forecast
TOKYO (Reuters) -Japan’s Honda Motor posted a 31% increase in operating profit for the September quarter on Thursday, lifted by stronger sales in the United …
Tesla raises prices on some refreshed long-range vehicles in China beginning Nov. 9
BEIJING (Reuters) – Tesla Inc on Thursday said it raised prices on its refreshed Model 3 and Model Y long-range vehicles in China, starting Nov. …
Jewellery maker Pandora raises sales forecast after Q3 profit beat
COPENHAGEN (Reuters) – Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, …
Australia’s central bank raises rates to 12-year high, tempers hawkish stance
By Wayne Cole SYDNEY (Reuters) -Australia’s central bank raised interest rates to a 12-year high on Tuesday, ending four months of steady policy, but left …
Defense firm Leidos raises outlook on robust weapons demand
(Reuters) – U.S. defense contractor Leidos Holdings on Tuesday raised its full-year profit and revenue forecasts on the back of strong weapons demand amid rising …
Public Storage raises forecast for full-year revenue growth on higher occupancy
(Reuters) – Public Storage on Monday raised its full-year outlook for revenue growth and core funds from operation (FFO) per share, on higher move-in volumes …
Tesla raises price of high-performance Model Y in China by 14,000 yuan
BEIJING (Reuters) – Tesla Inc has increased the price for its Model Y high-performance version SUV in China by 14,000 yuan ($1,913.88) from Friday, it …
Baker Hughes raises full year revenue forecast on demand for LNG equipment
By Arathy Somasekhar HOUSTON (Reuters) -Oilfield and liquefied natural gas supplier Baker Hughes on Thursday raised its full year revenue forecast, primarily on strong demand …
CenterPoint Energy raises full-year profit outlook, CEO to retire
(Reuters) – CenterPoint Energy Inc on Thursday raised its full-year profit outlook and announced that chief executive officer David Lesar will retire early next year. …
Beiersdorf raises 2023 sales guidance on strong 9-month results
BERLIN (Reuters) -Nivea maker Beiersdorf raised its full-year sales guidance on Wednesday, as it reported a 11.2% hike in organic group sales in the first …
Commonwealth Bank of Australia raises $794 million worth of debt
(Reuters) – Commonwealth Bank of Australia on Wednesday announced the issuance of A$1.25 billion ($794.38 million) worth of subordinated notes. The issue of subordinated securities …
Tesla raises US price of Model X Plaid all-wheel drive by 5.6%
(Reuters) – Tesla has increased the price of its Model X Plaid all-wheel drive to $94,990 from $89,990 in the United States, the electric vehicle …
Indonesia central bank unexpectedly raises rates amid falling rupiah
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Bank Indonesia unexpectedly raised interest rates on Thursday to arrest the rupiah’s decline amid U.S. monetary …
PPG Industries beats quarterly profit estimates, raises FY earnings forecast
(Reuters) – PPG Industries on Wednesday beat Wall Street estimates for third-quarter profit and raised its full-year earnings outlook, as high sales volumes in the …
BlackRock Investment Institute raises rating of long-dated US Treasuries
(Reuters) – BlackRock Investment Institute on Monday raised the rating of long-dated U.S. Treasuries to “neutral” from “underweight” as it sees yields approaching a peak. …
Aliyev raises Azerbaijan’s flag in former breakaway region of Karabakh
MOSCOW (Reuters) -Azerbaijani President Ilham Aliyev on Sunday raised the national flag in the capital of the former breakaway region of Nagorno-Karabakh after a lightning …
Anti-Semitic Incident in Newark Raises Call for Financial Transparency in New Jersey
NEWARK, NJ – After a Newark event featuring speakers identified as anti-Semitic by the Anti-Defamation League, Assemblywoman Aura Dunn is advocating for greater budget transparency …
How U.S. bank balance sheets have changed as Fed raises rates
(Reuters) – The Federal Reserve’s aggressive monetary policy tightening is prompting U.S. banks to slow the flow of credit and beef up cash levels after …
Publicis raises 2023 sales target again as Q3 beats estimates
By Olivier Sorgho (Reuters) – Publicis, the world’s largest advertising group by market value, on Thursday increased its 2023 sales and margin forecasts as it …
IMF raises Ukraine’s economic growth outlook to 2% in 2023
KYIV (Reuters) – The International Monetary Fund has revised its forecast for Ukraine’s economic growth this year up to 2%, and expects its gross domestic …
IMF raises India’s FY24 GDP growth forecast to 6.3% – report
MUMBAI (Reuters) -India’s economic growth forecast for the current fiscal year has been raised to 6.3% from 6.1% earlier, the International Monetary Fund said in …
Nikki Haley raises $11 million in battle to take on Trump in 2024 Republican race
By Tim Reid (Reuters) – Republican presidential candidate Nikki Haley raised more than $11 million between July and September, according to her campaign, a significant …
Fundraiser in Memory of 12-Year-Old Boy Scout Killed by Drunk Driver Raises $100,000
UNIONDALE, NY – Andrew McMorris’ legacy continues to inspire and touch lives, even after his tragic passing. The 12-year-old was killed by a drunk driver …
Citigroup raises Japan stocks to ‘neutral,’ cuts UK to ‘underweight’
(Reuters) – Citigroup on Friday upgraded its recommendation on Japanese stocks to “neutral” as the country’s economy and earnings look resilient, but downgraded British equities …
Lamb Weston raises annual outlook, shares up 10%
(Reuters) – Lamb Weston Holdings raised its full-year net sales and profit forecasts on Thursday, banking on higher prices for its ready-to-cook frozen potato appetizers …
IMF raises Mexico growth forecasts on robust consumption, services, auto output
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday significantly raised its 2023 growth forecast for Mexico to 3.2% from a 2.6% …
Hungary raises deficit gap, puts pressure on banks to boost lending
BUDAPEST (Reuters) – Hungary’s government has raised the 2023 budget deficit target to 5.2% of economic output from 3.9%, the finance ministry said on Tuesday, …
Boaz Weinstein raises bid for hedge fund Sculptor to $13/share – WSJ
(Reuters) – Boaz Weinstein’s coalition has sweetened its offer for hedge fund firm Sculptor Capital Management, the Wall Street Journal reported on Monday, citing people …
EV startup Fisker raises $150 million from existing investor
(Reuters) – Fisker Inc has raised $150 million from an existing institutional investor through the issue of convertible bonds with an additional $550 million in …
Varde raises nearly $1.5 billion for asset-based lending opportunities
(Reuters) – Alternative investment firm Varde Partners has raised nearly $1.5 billion from institutional investors for asset-based lending through its Varde Asset Lending Fund II …
Temasek unit raises $3.3 billion in flagship fund investing in China
SINGAPORE (Reuters) – Singapore state investment firm Temasek’s wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund …
Biden raises money at Tom Steyer home in San Francisco
By Jeff Mason SAN FRANCISCO (Reuters) – President Joe Biden raised money for his re-election campaign on Wednesday at the San Francisco home of billionaire …
Japan maintains modest economic recovery view, raises corp profits assessment
TOKYO (Reuters) – Japan retained its view of a modest recovery in the world’s third-biggest economy, but upgraded its assessment of corporate earnings for the …
Enbridge C$4.6 billion equity sale raises hopes for Canada market revival
By Maiya Keidan TORONTO(Reuters) – A recent C$4.6 billion capital raise by Enbridge and a raft of new U.S. deals have spurred optimism for a …
Taiwan raises concerns about situation ‘getting out of hand’ with China drills
TAIPEI (Reuters) – The increased frequency of China’s military activities around Taiwan recently has raised the risk of events “getting out of hand” and sparking …
Norway raises rate to 4.25%, likely to hike again in Dec
By Terje Solsvik OSLO (Reuters) -Norway’s central bank raised its benchmark interest rate by 25 basis points (bps) to 4.25% on Thursday to curb inflation, …
Goldman Sachs raises over $15 billion for secondary private equity deals
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs’ asset management arm said two funds have closed, raising more than $15 billion for funds that …
Boeing slightly raises China 20-year demand outlook to 8,560 new planes
By Brenda Goh SHANGHAI (Reuters) -Boeing on Wednesday slightly increased its annual 20-year forecast for new plane deliveries to China, citing economic growth and increasing …
OECD raises 2023 global growth outlook, cuts 2024
PARIS (Reuters) – A stronger than expected U.S. economy is helping to keep a global slowdown in check this year but a weakening Chinese economy …
French central bank raises 2023 growth outlook, trims 2024 and 2025
PARIS (Reuters) – France’s economy will grow slightly less than expected in the next two years due to weakness in its main trade partners, the …
Senator Testa Raises Alarm Over New BPU President’s Energy Policy Views
TRENTON, NJ – Senator Michael Testa voiced skepticism over Governor Murphy’s recent appointment of Christine Guhl-Sadovy as the President of the Board of Public Utilities. …
ECB raises rates to record high, signals end to hikes
LONDON (Reuters) -The European Central Bank raised its key interest rate to a record peak on Thursday and signalled this will likely be its final …
ECB cuts growth outlook but raises key 2024 inflation projection
FRANKFURT (Reuters) – The European Central Bank cut its growth projections for the next two years while lifting some of its inflation forecasts, raising the …
Brazil’s Casas Bahia raises $126.5 million in share offering
SAO PAULO (Reuters) – Brazilian retailer Casas Bahia raised 622 million reais ($126.53 million) in a share offering, the company said on Thursday. Casas Bahia, …
ECB raises rates but signals end of policy tightening
FRANKFURT (Reuters) – The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled …
Dollarama raises annual sales forecast as demand for essentials thrives
(Reuters) -Dollarama raised annual sales forecast on Wednesday after topping quarterly sales estimates, as Canadians lapped up the discount retailer’s cheaper offerings in response to …
Denodo raises $336 million in funding from private equity giant TPG
(Reuters) – Private equity firm TPG has agreed to invest $336 million in data management company Denodo, in a deal that underscores the dissipating gloom …
AI chip startup Enfabrica raises $125 million, with backing from Nvidia
By Stephen Nellis (Reuters) – Enfabrica, a Silicon Valley chip startup working on networking chips for artificial intelligence data centers, said on Tuesday that it …
Imbue raises $200 million at over $1 billion valuation in AI funding boost
(Reuters) – AI research lab Imbue has raised $200 million in a Series B funding round, which included participation from Astera Institute and Nvidia, at …