Sweden’s H2 Green Steel raises $1.6 billion for Boden plant
OSLO (Reuters) -H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world’s first large-scale green steel plant, …
Raises
Exclusive-AI chip startup d-Matrix raises $110 million with backing from Microsoft
By Max A. Cherney (Reuters) – Silicon Valley-based artificial intelligence chip startup d-Matrix has raised $110 million from investors that include Microsoft Corp at a …
Copper giant Codelco raises $2 billion in bond offering
By Fabian Cambero SANTIAGO (Reuters) -Chile’s Codelco raised $2 billion in a bond offering in New York on Tuesday, as the world’s top copper producer …
Food Truck Festival Raises Funds for Kiwanis in Parsippany
PARSIPPANY, NJ – The third annual Parsippany Food Truck & Music Fest took place at Veterans Memorial Park, raising funds for the Kiwanis of Greater …
Belgium raises record 22 billion euros from savers in ‘clear signal’ for higher bank rates
By Yoruk Bahceli BRUSSELS (Reuters) – Belgium has raised a record 21.9 billion euros ($23.65 bln) from savers in a bond sale designed to compete …
SentinelOne raises full-year forecast, adds partnership with Wiz still on
By Akshita Toshniwal (Reuters) – SentinelOne Inc raised its annual revenue forecast on Thursday, riding on resilient adoption of its AI-backed security offerings as macroeconomic …
AI startup Speak raises $16 million in latest funding led by Lachy Groom
(Reuters) – Speak, an artificial intelligence (AI)-backed English language learning platform, said on Thursday that it has raised $16 million in fresh funding led by …
US raises concerns about acts to ‘undermine’ Guatemala’s democracy
By Kanishka Singh WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken on Tuesday congratulated Bernardo Arevalo on his election as the next president of …
Jacksonville Shooting Raises Questions on Media Coverage and Gun Control
Jacksonville, FL – Three people were fatally shot in a Dollar General store this past Saturday by a man who had earlier been turned away …
Ross Stores raises annual forecasts on strong demand from bargain-hunting shoppers
(Reuters) – Ross Stores raised annual sales and profit forecasts after beating quarterly estimates, as inflation-hit customers shopped for its discounted clothing and shoes, sending …
Biden Admin Guidance On Race-Based College Admissions Raises Legal Questions, Experts Say
Biden Admin Guidance On Race-Based College Admissions Raises Legal Questions, Experts Say Brandon Poulter on August 16, 2023 The Biden administration advised colleges on Monday …
Colombia’s Grupo SURA cuts 2023 guidance, raises mid-term outlook after Nutresa deal
By Sarah Morland and Marion Giraldo (Reuters) – Grupo SURA, Colombia’s largest investment company, on Tuesday cut its 2023 net profit forecast to between 2,400 …
Argentina raises interest rate, devalues peso after shock primary election -official source
BUENOS AIRES (Reuters) – Argentina’s central bank will raise the benchmark interest rate to 118% from 97% previously, an official source said Monday, adding the …
South Korea think-tank raises inflation forecast on higher energy prices
SEOUL (Reuters) – A South Korean government think-tank revised its annual inflation projection upwards on Thursday, citing the recent rise in energy prices, although it …
Japan’s Kobe Steel raises annual profit forecast to record $840 million
TOKYO (Reuters) – Japan’s Kobe Steel raised its net profit forecast for the current fiscal year to a record high of 120 billion yen ($839 …
JPMorgan raises US economic growth estimate, no longer expects 2023 recession
(Reuters) – JPMorgan’s chief economist said on Friday the bank is no longer forecasting a U.S. recession this year and has raised its economic growth …
USA Today-publisher Gannett raises profit targets as ad demand rebounds
(Reuters) – USA Today-publisher Gannett Co boosted its annual earnings expectations on Thursday, as advertising demand recovers from post-pandemic lows. Advertising budgets were hit earlier …
Emerson raises fiscal 2023 forecast on demand for industrial automation
(Reuters) – U.S. engineering and industrial software firm Emerson on Wednesday raised its fiscal 2023 forecast, as companies increase spending on automation in response to …
Defense firm Leidos raises annual revenue outlook on weapons demand
(Reuters) – Leidos Holdings Inc on Tuesday raised its full-year revenue forecast as the defense contractor benefited from resilient weapons demand. Net bookings totaled $2.9 …
Aston Martin raises $277 million via equity to cut debt
(Reuters) – Aston Martin said on Tuesday it has raised 216 million pounds ($277 million) in equity to cut down its expensive debt. The company …
Australian prime minister raises prospect of early election over housing impasse
By Lewis Jackson SYDNEY (Reuters) – Australia could go to an election more than a year ahead of schedule as opposition parties threaten to block …
Building materials supplier Martin Marietta raises 2023 core earnings forecast
(Reuters) – Martin Marietta Materials beat quarterly profit estimates and raised its full-year adjusted core earnings forecast on Thursday, helped by higher spending across infrastructure …
Hospital operator HCA raises 2023 profit view as surgery volumes rebound
(Reuters) -Hospital operator HCA Healthcare Inc on Thursday raised its annual profit forecast, betting on a recovery in non-urgent medical procedures as more patients return …
Carrier Global raises full-year profit forecast on strong demand
(Reuters) – Air conditioner maker Carrier Global on Thursday raised its full-year adjusted profit above Wall Street estimates, encouraged by robust demand for the company’s …
A. O. Smith raises full-year adjusted profit forecast
(Reuters) – A. O. Smith on Thursday raised its full-year adjusted profit forecast, helped by lower cost of steel and strong demand for water heaters …
Western Union raises annual profit view on strong growth in C2C service
(Reuters) – Western Union Co raised its annual profit forecast on Wednesday after an upbeat second quarter in which transactions jumped on strong growth consumer-to-consumer …
Logitech beats earnings estimates and raises forecast, lifting shares
By John Revill (Reuters) -Logitech International raised its sales and profit outlook for the first half of the financial year 2024 on Tuesday, sending its …
PPG Industries raises forecast as higher prices boost quarterly results
(Reuters) – PPG Industries raised its full-year profit forecast on Thursday after beating second-quarter profit estimates as strong prices helped the industrial coatings maker offset …
Geely truck unit, Farizon, raises $600 million in funding round
(Reuters) – China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised $600 million in a Series-A funding …
Lawmakers Question Elite University’s Chinese Partnership: ‘Raises Many Red Flags’
Lawmakers Question Elite University’s Chinese Partnership: ‘Raises Many Red Flags’ Micaela Burrow on July 17, 2023 A House committee focused on the Chinese Communist Party …
‘That Just Raises More Issues’: McCarthy Reacts To Letter From David Weiss On Hunter Biden Probe
‘That Just Raises More Issues’: McCarthy Reacts To Letter From David Weiss On Hunter Biden Probe Harold Hutchison on July 11, 2023 House Speaker Kevin …
Daimler Truck raises 2023 guidance for revenue, profit
BERLIN (Reuters) -Daimler Truck has raised its profit and revenue guidance due to an easing of supply chain constraints, stronger demand in its core markets …
Schenectady County Raises Alarm After Six Suspected Overdoses
SCHENECTADY COUNTY, NY – The Schenectady County Public Health has reported a surge in suspected fatal overdoses, with six instances since the previous Saturday. The …
Red State Officials Are Floating Ways For Failing Students To Get Diplomas. Experts Say It Raises ‘A Big Red Flag’
Red State Officials Are Floating Ways For Failing Students To Get Diplomas. Experts Say It Raises ‘A Big Red Flag’ Brandon Poulter on July 7, …
Hong Kong raises maximum mortgage available for homes valued up to $3.8 million
By Clare Jim and Twinnie Siu HONG KONG (Reuters) -Hong Kong is raising the cap on loan-to-value (LTV) ratio for properties worth up to HK$30 …
DeSantis Campaign Raises $20 Million In Second Quarter, Trailing Trump’s Haul
DeSantis Campaign Raises $20 Million In Second Quarter, Trailing Trump’s Haul Mary Lou Masters on July 6, 2023 Florida Gov. Ron DeSantis raised $20 million …
China raises relending, rediscounting quotas for farm sector, small firms by $27.5 billion
BEIJING (Reuters) – China’s central bank said on Friday it will increase its relending and rediscount quotas by 200 billion yuan ($27.53 billion) to support …
US antitrust enforcer says generative AI ‘raises competition concerns’
WASHINGTON (Reuters) – Generative AI, which is best known for ChatGPT, raises competition concerns and is a focus of the Federal Trade Commission’s Bureau of …
Authentic Brands raises $500 million in funding from General Atlantic
(Reuters) -Authentic Brands Group has raised $500 million from its existing investor General Atlantic, bringing the private equity firm’s investment in the apparel chain operator …
World Bank raises Thailand 2023 growth outlook to 3.9% as tourists return
BANGKOK (Reuters) – Thailand’s economy is projected to grow 3.9% this year, up from a previous forecast of 3.6%, helped by private consumption growth and …
‘Dangerous Proposition’: Biden Admin Power Players Directing Billions In Subsidies Raises Cronyism Risk, Watchdogs Say
‘Dangerous Proposition’: Biden Admin Power Players Directing Billions In Subsidies Raises Cronyism Risk, Watchdogs Say Nick Pope on June 27, 2023 Democratic insiders within the …
AI model startup Reka raises $50 million led by DST Global Partners
By Krystal Hu (Reuters) -Reka, an AI model startup founded by former researchers from Alphabet’s DeepMind, has raised $50 million in a fresh round of …
Manchester United raises annual forecast amid Champions League return
(Reuters) – Manchester United on Tuesday raised its forecasts for annual revenue and adjusted profit, betting on strong commercial and matchday income as the English …
Fitch raises India FY24 GDP forecast to 6.3% on strong growth momentum
MUMBAI (Reuters) – Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year, from 6% earlier, on the …
Japan raises view on employment in June for first time in 11 months
By Kaori Kaneko TOKYO (Reuters) – Japan’s employment trends showed “improvement recently”, the government said in its latest monthly assessment of the economy, noting a …
Schepisi Bill that Raises Awareness for Victims of Fentanyl Poisoning Advances
Sen. Holly Schepisi’s bill that would designate July 14th of each year as Fentanyl Poisoning Awareness Day was approved by the Senate Health, Human Services, and Senior Citizens Committee.
Westpac raises Australia cash rate peak forecast to 4.6%
SYDNEY (Reuters) – Westpac on Friday lifted its forecast for Australia’s cash rate peak to 4.6%, tipping quarter-point hikes in July and August, joining other …
ECB raises inflation projections through 2025
FRANKFURT (Reuters) – The European Central Bank revised up its inflation projections for the next three years on Thursday and said it expected price growth …
ECB raises rates to 22-year high and signals more to come
FRANKFURT (Reuters) – The European Central Bank raised interest rates for the eighth successive time as expected on Thursday and signalled further policy tightening, as …
Homebuilder Lennar raises full-year forecast for home deliveries
(Reuters) – Lennar Corp on Wednesday raised its full-year forecast for home deliveries, as the homebuilder benefits from upbeat demand that far outpaced supply. Shares …