Lottery heat rises with dual wins in Brooklyn and White Plains
Brooklyn, NY — Two New Yorkers are each $9,304.50 richer after winning top prizes in the Saturday TAKE 5 midday drawing, with winning tickets sold in Brooklyn and White Plains. One of…
U.S. business borrowing for equipment rises 2% in July – ELFA
(Reuters) – U.S. companies borrowed 2% more in July to finance their investments in equipment compared with a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday. The companies…
Colombia interest rate rises close to their end – policymaker
By Nelson Bocanegra BOGOTA (Reuters) – An expected slowing of Colombia’s economic growth and more gradual rise in inflation suggest a lesser need for interest rate hikes as rates get closer to…
Philadelphia Fed manufacturing index unexpectedly rises in August
(Reuters) – A gauge of factory activity in the U.S. Mid-Atlantic region unexpectedly accelerated in August to the briskest pace since April and firms reported input price pressures eased to the lowest…
Egypt’s central bank seen hiking rates to dampen price rises – Reuters poll
CAIRO – The Central Bank of Egypt (CBE) will hike its overnight deposit rate by 50 basis points (bps) on Thursday as it works to keep inflation in check, a Reuters poll…
Nigeria’s annual inflation rises to highest level since 2005
By Chijioke Ohuocha ABUJA – Nigeria’s annual inflation quickened in July to its highest level since 2005, official data showed on Monday, driven by price rises for food, fuel and clothing. The…
Demand for FX derivatives jumps as central banks prep rate rises- CME Group
LONDON – Demand for currency derivatives has shot up this year, data from CME Group showed on Wednesday, in a sign investors are positioning for hefty interest rate hikes from the U.S.…
Biden approval rises to 40%, highest in two months, Reuters/Ipsos shows
By Jason Lange WASHINGTON – U.S. President Joe Biden’s public approval rose this week to its highest level since early June following a string of legislative victories, according to a Reuters/Ipsos opinion…
CK Hutchison H1 profit rises 4.3%, aims for solid H2 performance
HONG KONG – CK Hutchison, the ports-to-telecoms arm of retired billionaire Li Ka-shing, said on Thursday its net profit in the first six months rose 4.3%, helped by high energy prices, steady…
Canadian dollar rises as U.S. data tempers recession fears
By Fergal Smith TORONTO – The Canadian dollar strengthened against the greenback on Wednesday as worries about a possible recession eased following encouraging economic data from the United States, Canada’s largest trading…
Pakistan’s annual inflation rises to 14-year high at 24.9% in July
By Asif Shahzad ISLAMABAD – Pakistan’s annual consumer price inflation reached 24.9% in July, up from 21.3% in June and the highest in 14 years, the statistics bureau said on Monday. Non-food…
Bitcoin rises 3.4% to $24,584; up 39.7% from year low in June
(Reuters) – Bitcoin rose 3.36% to $24,584.24 at 1707 GMT on Saturday, adding $798.93 to its previous close. Bitcoin, the world’s biggest, best-known cryptocurrency, is up 39.7% from the year’s low of…
German unemployment rises in July as Ukrainian refugees look for work
BERLIN – German unemployment rose more than expected in July, Labour Office figures showed on Friday, as Ukrainian refugees looking for work in Germany are being registered by officials. The Federal Labour…
Colombia’s next finance minister says rate rises have limited impact on inflation
BOGOTA – Interest rate hikes have a limited capacity to rein in accelerating inflation because supply issues are one of the key drivers of consumer price increases, Colombia’s next finance minister, Jose…
Bitcoin rises 6.9% to $22,717
(Reuters) – Bitcoin rose 6.85% to $22,717.05 at 22:05 GMT on Wednesday, adding $1,457.27 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 29.1% from the year’s low…
Brazil’s public debt rises 2.5% in June, interest rates keep soaring
BRASILIA -Brazil’s federal public debt grew 2.51% in June from the month before, and the average cost of domestic debt issuance kept soaring amid greater risk aversion, the Treasury said on Wednesday.…
Euro zone business activity contracted in July as price rises bite – PMI
LONDON – Euro zone business activity unexpectedly contracted this month due to an accelerating downturn in manufacturing and a near-stalling of service sector growth as burgeoning costs pushed consumers to cut back…
Thai industrial mood rises for first time in 3 months
BANGKOK – Thailand’s industrial sentiment picked up for the first time in three months in June thanks to an easing of COVID-19 restrictions and improved economic activity, an industries group said on…
Australia’s central bank sees more rate rises, welcomes government review
By Wayne Cole SYDNEY – Australia’s top central banker on Wednesday indicated a steady drum beat of interest rate rises were needed to stop a damaging inflationary cycle developing, and suggested rates…
China June industrial output rises 3.9%, retail sales up 3.1%
BEIJING – China’s industrial output grew 3.9% in June from a year earlier, quickening from a 0.7% rise in May, official data showed on Friday, as activity began to recover from months…
Experian first-quarter revenue rises on robust credit demand
(Reuters) -Experian reported higher first-quarter total revenue on Thursday, as the world’s largest credit data firm benefited from a robust demand in demand and supply of credit, mainly in North America. While…
Biden approval rating rises modestly from record low – Reuters/Ipsos poll
By Jason Lange WASHINGTON – U.S. President Joe Biden’s public approval rating rose three percentage points this week to 39%, rebounding from a week earlier when it matched the lowest level of…
BoE’s Pill will consider bigger rate rises if needed
LONDON -Bank of England chief economist Huw Pill said on Thursday that he would consider a faster pace of interest rate rises to tackle “uncomfortably high” inflation, but only if needed to…
Brazil’s industrial output rises in May but below estimates
By Gabriel Araujo and Camila Moreira SAO PAULO – Industrial output in Brazil rose 0.3% in May from April, government statistics agency IBGE said on Tuesday, the fourth consecutive monthly increase but…
Brazil’s public debt rises 2.01% in May, interest rates reach 5-year highs
BRASILIA – Brazil’s federal public debt rose 2.01% in May from the month before, with the average costs of domestic debt issuance jumping to the highest level in five years amid high…
U.S. business borrowing for equipment rises 16% in May – ELFA
(Reuters) – U.S. companies borrowed 16% more in May to finance their investments in equipment compared to a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday, as firms…
Breaking News
