Airbus raises 20-year delivery forecast, sees more replacements
By Tim Hepher PARIS (Reuters) – Europe’s Airbus on Wednesday raised its 20-year forecast for new airplane deliveries, but tempered its predictions for growth in …
Raises
Chester County Man’s Journey Raises Autism Awareness
CHESTER COUNTY, PA – Alex Mann, a 23-year-old from Chester County with autism, has embarked on a mission to visit as many police departments as …
Mo Hill raises $100k from realtors, builders, engineers and Architects
TOMS RIVER, NJ – Toms River Mayor Maurice Hill’s campaign finance account has been nearly depleted, but not before the mayor, known as being pro-development, …
Brazil’s Patria raises $118.3 million in SmartFit share offering
SAO PAULO (Reuters) – Brazilian private equity firm Patria Investments Ltd raised 591.73 million reais ($118.27 million) in a secondary offering to sell shares in …
US raises concerns with China about actions against US companies
(Reuters) – U.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese Minister of Commerce Wang Wentao …
Japan raises view on economy for 1st time since July 2022
TOKYO (Reuters) – Japan’s government raised its overall view of the economy for the first time in ten months in May, after recent data showed …
Vedanta raises about $850 million via JPMorgan, Oaktree loan – Bloomberg News
(Reuters) – Vedanta Group, the promoter of metals-to-oil conglomerate Vedanta Ltd, has signed a five-year loan for about $850 million with JPMorgan and Oaktree, Bloomberg …
Russia’s Sberbank reports record Q1 profit, raises forecasts
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) -Russia’s largest lender Sberbank on Thursday reported record first-quarter net profit of 357.2 billion roubles ($4.6 billion) …
US sharply raises shale oil drilling count but not output forecast
By Stephanie Kelly NEW YORK (Reuters) – U.S. oil producers were much more active last year in the prolific Permian Basin than the Energy Information …
Mike Ashley’s Frasers raises stake in online retailer ASOS
(Reuters) – Britain’s Frasers Group raised its stake in online fashion retailer ASOS, a filing showed on Wednesday, as the Mike Ashley-owned sportswear retailer continues …
Fashion giant Shein raises $2 billion but lowers valuation by a third- WSJ
(Reuters) – Online fashion giant Shein raised $2 billion in its latest fundraising round that values the company at $66 billion, about a third less …
Australia’s central bank hiked in May due to inflation risks, more raises may be required
SYDNEY(Reuters) – Australia’s central bank decided to hike at its May meeting due to inflation risks from weak productivity growth, persistently high services inflation and …
Argentina raises economic defenses against inflation ‘onslaught’
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast …
Silicon Valley automotive ethernet chip startup Ethernovia raises $64 million
By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in …
Norway government ups spending by $5.3 billion due to inflation, Ukraine aid
OSLO (Reuters) -Norway’s centre-left government said on Thursday it plans to spend an extra 56 billion Norwegian crowns ($5.3 billion) from its sovereign wealth fund …
Brazil’s Haddad raises concerns about economic situation, drought in Argentina
By Andrea Shalal NIIGATA, Japan (Reuters) – Brazilian Finance Minister Fernando Haddad expressed serious concerns on Thursday that Argentina’s economic challenges and a major drought …
Deutsche Telekom slightly raises 2023 profit outlook
BERLIN (Reuters) – Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in first-quarter revenue and profit that …
China’s fresh COVID wave raises concern of trading volume slowdown
SHANGHAI/SINGAPORE (Reuters) – A fresh wave of COVID-19 is spreading through China as people return from public holiday travel, reaching trading floors and raising concern …
Johnson Controls beats estimates on strong demand, raises annual profit guidance
(Reuters) – Johnson Controls International posted quarterly earnings ahead of analysts’ expectations on Friday, underpinned by strong demand for heating and air-conditioning systems from commercial …
UBS raises expectations for ECB’s terminal rate; SocGen sees it peaking at 4%
(Reuters) -Economists at UBS expect the benchmark interest rate in the eurozone to peak at 3.75%, while Societe Generale sees it at 4% after the …
Tesla raises prices for new Model S, Model X in China
BEIJING (Reuters) – Tesla Inc has raised prices for its new Model S and Model X vehicles in China by 19,000 yuan ($2,751), its website …
Denmark’s central bank raises key rate, following ECB hike
COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 0.25 percentage points to 2.85% on Thursday, following a rate hike earlier in …
Vietnam raises retail electricity price by 3%
HANOI (Reuters) – Vietnam on Thursday raised its average retail electricity price by 3%, the government said, in a move that could put upward pressure …
Emerson Electric raises fiscal 2023 outlook on strong demand
(Reuters) – U.S. engineering and industrial software firm Emerson Electric Co on Wednesday raised its fiscal 2023 outlook and reported better-than-expected quarterly earnings, on the …
Colombia’s central bank raises 2023 inflation forecast to 9.5%
BOGOTA (Reuters) – Colombia’s central bank on Tuesday raised its outlook for 2023 inflation to 9.5% from 8.7%, reflecting persistent consumer price growth that has …
Bleach maker Clorox raises annual forecasts on higher prices
By Granth Vanaik and Jessica DiNapoli (Reuters) – Clorox Co raised its annual sales and profit forecasts on Tuesday, banking on higher product prices that …
Zimmer Biomet raises annual forecasts on knees and hips unit strength
(Reuters) – Zimmer Biomet Holdings Inc raised its annual sales and profit forecasts on Tuesday, banking on strong demand for its knees and hips products …
Cummins raises full-year revenue outlook on strong demand for parts
(Reuters) – U.S. truck engine maker Cummins Inc on Tuesday raised its full-year 2023 revenue forecast, on the back of strong demand for parts across …
This Small Mortgage Company’s Legal Battle With A Federal Agency Raises Huge Free Speech Concerns, Advocates Say
This Small Mortgage Company’s Legal Battle With A Federal Agency Raises Huge Free Speech Concerns, Advocates Say Katelynn Richardson on April 30, 2023 The Consumer …
Colgate-Palmolive raises annual organic sales forecast on price hikes
(Reuters) – Colgate-Palmolive Co raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand for its pet nutrition products. …
Venture capital firm Greycroft raises nearly $1 billion across two funds
(Reuters) -Venture capital firm Greycroft has raised over $980 million across two funds to invest in early- and growth-stage companies, the venture capital firm said …
New York City congresswoman says NYPD is ‘militarized’ balks at raises for cops
NEW YORK, NY – New York City Congresswoman Alexandria Ocasio-Cortez has spoken out against pay raises for New York City police officers approved this week …
Japan carrier ANA Holdings raises profit estimate on cheaper fuel, yen rise
TOKYO (Reuters) – Japan’s largest airline ANA Holdings Inc on Friday raised its profit estimate for the just-ended fiscal year, citing a decline in fuel …
Massive Classified Document Leak Raises Questions About How Carefully The US Guards Its Secrets
Massive Classified Document Leak Raises Questions About How Carefully The US Guards Its Secrets Micaela Burrow on April 20, 2023 The Pentagon will have to …
German industry association raises 2023 export growth forecast to 2% – report
BERLIN (Reuters) – Germany’s BDI industry association expects exports to grow by 2% in 2023, double its forecast in January, its president told the Rheinische …
Data startup Cybersyn raises $63 million in Snowflake-led funding round
By Krystal Hu (Reuters) – Data startup Cybersyn said it has raised $62.9 million from investors including Snowflake Inc, Coatue Management and Sequoia Capital, its …
Death of 70-year-old man on scooter raises traffic safety concerns for community
BURLINGTON, NJ – A fatal accident occurred on Saturday when a 70-year-old pedestrian, Jeremiah McCarthy, was fatally struck by a vehicle on Route 130 South …
Japan’s crackdown on truck driver overtime raises fears of economic breakdown
By Mariko Katsumura and Satoshi Sugiyama TOKYO (Reuters) – Truck driver Yuichi Tomita has been delivering packages all over Japan for two decades, often clocking …
Morgan Stanley raises 2023 euro area GDP growth forecast to 0.8%
(Reuters) – Morgan Stanley on Friday raised its 2023 euro area economic growth forecast by 20 basis points to 0.8% on the back of better-than-expected …
Ford raises F-150 Lightning prices again to battle high costs
(Reuters) -Ford Motor Co on Thursday raised prices of some models of its popular F-150 Lightning electric pickup truck again, the latest in a series …
Fed Raises Interest Rates To Highest Levels Since 2007
Fed Raises Interest Rates To Highest Levels Since 2007 Jason Cohen on March 22, 2023 The Federal Reserve hiked its target federal-funds interest rate by …
Bank of England raises interest rates again, sees inflation falling
By William Schomberg and David Milliken LONDON, March 23 (Reuters) – The Bank of England raised interest rates by a further quarter of a percentage …
AI chatbot Character.AI, with no revenue, raises $150 million led by Andreessen Horowitz
By Krystal Hu and Anna Tong (Reuters) – Character.AI has raised $150 million in a new funding round led by Andreessen Horowitz that valued the …
Bahrain’s central bank mirrors Fed, raises rates by 25 bps
DUBAI (Reuters) – The Central Bank of Bahrain increased its key interest rates by 25 basis points on Wednesday, following the Federal Reserve’s hike of …
Qatar’s central bank raises rates by 25 bps
(Reuters) – Qatar’s central bank said on Wednesday it was raising its interest rates by 25 basis points effective on Thursday, following the U.S. Federal …
Scholarship Fund for Inner-City Children Raises $91K at Inaugural Irish American Breakfast
by Sean Quinn, Newark, N.J. – The Scholarship Fund for Inner-City Children (SFIC) raised $91,000 — which is $16,000 more than its target goal — …
HR startup Rippling raises $500 million in fresh funding after SVB collapse
By Krystal Hu and Niket Nishant (Reuters) -HR and payment software startup Rippling said on Friday it has raised $500 million in a new funding …
Deerpath raises over $2.8 billion for sixth credit fund
By Matt Tracy WASHINGTON (Reuters) – U.S. private equity firm Deerpath Capital Management raised more than $2.8 billion for its sixth private credit fund that …
‘Major Problem’: Investing Guru Raises Serious Concerns Over Future Of American Economy
‘Major Problem’: Investing Guru Raises Serious Concerns Over Future Of American Economy Harold Hutchison on March 14, 2023 Founder of Icahn Enterprises Carl Icahn said …
Kremlin says AUKUS submarine deal raises proliferation questions
MOSCOW (Reuters) – Russia said on Tuesday that a joint plan by the United States, Britain and Australia to create a new fleet of nuclear-powered …