Injured bald eagle rescued in Chenango County returns to the wild after recovery
OXFORD, N.Y. — A bald eagle struck by a vehicle in February is soaring free once again, after a coordinated rescue and rehabilitation effort involving state police, wildlife experts, and a dedicated…
China expected to account for 40% of this year’s oil demand recovery
By Rowena Edwards LONDON (Reuters) – China is expected to account for around 40% of the increase in global oil demand this year as its economy emerges from strict lockdowns, but the…
Japan’s land prices up at fastest pace since 2008 on gradual econ recovery
By Kaori Kaneko TOKYO (Reuters) – Japan’s land prices rose for a second straight year at the fastest pace since 2008, a government survey showed on Wednesday, spurred by signs of economic…
OECD hikes growth outlook, but warns recovery fragile
By Leigh Thomas PARIS (Reuters) – The global economic outlook has improved from a few months ago as the inflation shock eases but rising interest rates will keep risks high, the OECD…
China Jan-Feb refinery output up 3.3% on fuel policy, demand recovery
(Reuters) – Chinese refineries processed 3.3% more crude oil in the first two months of 2023 compared with a year earlier, data showed on Wednesday, spurred by fuel export policy and as…
Canadian $ forecasts stay upbeat as analysts eye global recovery: Reuters poll
By Fergal Smith TORONTO (Reuters) – Analysts are sticking to their forecasts for a stronger Canadian dollar over the coming year, expecting an improved global economy and less central bank uncertainty that…
Euro zone recovery gathers pace, allays fears of recession-PMI
LONDON (Reuters) – The recovery in euro zone business activity gathered pace last month as growth accelerated in the bloc’s dominant services industry, a survey showed, providing the latest piece of evidence…
US Senator Fetterman remains on path to recovery, his office says
By Kanishka Singh WASHINGTON (Reuters) – Democratic U.S. Senator John Fetterman, who flipped a Republican-held seat in last November’s midterm elections, is doing well and remains on a path to recovery, his…
China’s consumer market shows ‘strong’ recovery in January – commerce ministry
BEIJING (Reuters) – China’s consumer market recovery was “strong” in January, the commerce ministry said on Thursday, in one of its first optimistic assessments of consumption, which until this year had been…
SkyBridge launches $50 million recovery fund – email to investors
NEW YORK (Reuters) – SkyBridge Capital is launching a new fund to acquire holdings in 10-15 companies from distressed investors, the investment firm said in an e-mail seen by Reuters. SkyBridge, founded…
Japan’s Nikkei seen hitting 30,000 by end of 2023 on economic recovery: Reuters poll
By Junko Fujita TOKYO (Reuters) – Japan’s Nikkei 225 share index will hit the psychological 30,000 level by end-2023 on a better domestic corporate and global economic outlook in the latter part…
Bank of Korea: benefits from China’s recovery to be less than in past
SEOUL (Reuters) – South Korea’s central bank said the economy would benefit from the end of China’s zero-COVID policy, thanks to strengthened exports and tourism, but added that positive effects from China’s…
Cyclone death toll in New Zealand rises to nine as recovery continues
SYDNEY (Reuters) -The death toll from Cyclone Gabrielle in New Zealand rose to nine on Saturday as the clean-up continued on the battered North Island and authorities worked to find missing people.…
Morgan Stanley lifts Ghana Eurobond ‘recovery’ value to $46 from $41
JOHANNESBURG (Reuters) -Investment bank Morgan Stanley has lifted the average “recovery value” for Ghana’s defaulted dollar-denominated government bonds to $46 from a previous forecast of $41 following the country’s deal to restructure…
China set to leave lending benchmarks unchanged as economic recovery seen on track
SHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, as investors believe the world’s second-largest economy is…
Rural recovery may drive next bout of India inflation, HSBC economists
MUMBAI (Reuters) – The Indian economy could see another bout of inflation as the rural demand revives and the informal sector recovers from the pandemic-lows, economists at HSBC Securities and Capital Markets…
Disaster Relief Consultant Pleads Guilty To Fraud In Connection With New York City’s Hurricane Sandy Recovery Efforts
Damian Williams, the United States Attorney for the Southern District of New York, and Jocelyn E. Strauber, the Commissioner of the New York City Department of Investigation (“DOI”), announced that MARK O’MARA,…
Biden thanks White House’s Deese for helping steer economic recovery
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday credited Brian Deese, his outgoing top White House economic adviser, for helping achieve the administration’s economic vision…
Chinese investors pivot to stocks from bonds on recovery hopes – funds report
SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for riskier assets as the government’s policy pivots to boost growth, the latest…
World Bank approves $600 million loan to support Philippines’ recovery, financial sector
MANILA (Reuters) – The World Bank said on Tuesday it has approved a $600 million loan to support the Philippines’ economic recovery and efforts to make its financial sector more resilient. The…
Elevator-maker Kone to axe 1,000 jobs, sees recovery in Asia
By Anne Kauranen HELSINKI (Reuters) – Finnish elevator-maker Kone said on Thursday it would slash up to 1,000 jobs globally to cut costs and it expects demand to pick up in its…
Italy’s pandemic recovery plan must halt demographic “tsunami” in south – ISTAT
(Reuters) – Italy’s south is on track for a “demographic tsunami” if it fails to capitalise on European Union pandemic recovery funds to bridge the gap with the productive north, statistics bureau…
Hedge funds that punted early on China recovery reaped the rewards
By Summer Zhen Hong Kong (Reuters) – Hedge funds that bet on a swift shift in the country’s zero-COVID and regulatory policies in late 2022 while the stock market was tumbling and…
COVID-hit Chinese factories eye gradual recovery after Lunar New Year break
By David Kirton SHENZHEN, China (Reuters) – Christian Gassner, whose furniture components factory in the southern Chinese city of Shenzhen had a dismal end of 2022 amid COVID-19 outbreaks, is finally seeing…
PineBridge, Pictet raise China property exposure on recovery hopes
By Xie Yu HONG KONG (Reuters) – Global investors including PineBridge and Pictet are bolstering their exposure to Chinese property developers, betting that a slew of support measure for the crisis-hit sector…
U.S. to give extra $100 million to Pakistan floods recovery
GENEVA (Reuters) – A senior official from the U.S. development agency USAID said on Monday that Washington would provide an additional $100 million in funding for Pakistan’s recovery from devastating floods last…
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