Man wanted for strong armed phone robbery in botched Newark Facebook Marketplace sale
NEWARK, N.J. — Newark Public Safety Director Emanuel Miranda Sr. is asking for the public’s assistance in identifying a suspect who allegedly robbed a man during a pre-arranged phone sale earlier this…
Out of lockdown, Kmart pushes Australia’s Wesfarmers to higher profit
By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a post-lockdown rebound at its Kmart chain offset a sluggish performance from its…
Australia business activity rebounds in Jan on strong sales – NAB
SYDNEY (Reuters) – Australian business conditions rebounded sharply in January after three months of slowdown while cost pressures picked up again, a surprising sign of strength that could add to the case…
Suncorp cash earnings jump on strong margins and investment returns, shares up
By Roushni Nair (Reuters) -Australia’s Suncorp Group posted a 63% jump in first-half cash earnings on Wednesday, helped by strong underlying margins and investment returns, while the insurer flagged higher reinsurance and…
Exclusive-Rosenstein’s JANA promotes Ostfeld to joint managing partner amid strong returns – letter
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor JANA Partners LLC, which has flexed its muscle at household names including Whole Foods and Freshpet, is promoting a veteran of the firm…
Goldman Sachs cuts U.S. recession odds to 25% on strong labor market
NEW YORK (Reuters) – Goldman Sachs said on Monday it now sees a 25% probability of the United States entering a recession in the next 12 months, down from a previous 35%…
Morgan Stanley sees another 25-bps Fed hike in March after strong jobs report
NEW YORK (Reuters) – The Federal Reserve is likely to raise interest rates by another 25 basis points (bps) at the March policy meeting following a blockbuster U.S. non-farm payrolls report for…
Czech central bank signals rates to stay elevated, welcomes strong crown
By Robert Muller and Jan Lopatka PRAGUE (Reuters) – The Czech National Bank (CNB) left interest rates unchanged at a more than two-decade high on Thursday, saying rate stability for longer was…
French Jan factory activity rebound not as strong as forecast -PMI
PARIS (Reuters) – France’s manufacturing activity rebound in January was not quite as strong as first forecast, a survey showed on Wednesday, as new orders remained weak. S&P Global’s final purchasing managers…
Pentair results beat expectations on strong demand for fresh water tech
(Reuters) – Pentair Plc, which provides water treatment technology, reported better-than-expected quarterly profit and revenue on Tuesday, aided by strong demand for fresh water. Companies have been pressing into global demand for…
The San Diego Field Office Kicks of the Year Strong with Nine Seizures Worth More Than $9 Million Dangerous Drugs
SAN DIEGO – U.S. Customs and Border Protection officers from the San Diego Field Office kicked off the new year strong, seizing more than $9 million worth of dangerous drugs at its…
Northrop Grumman expects strong 2023 revenue as weapon demand surges
By Mike Stone and Nathan Gomes (Reuters) – U.S. defense contractor Northrop Grumman Corp on Thursday forecast full-year sales above Wall Street estimates, as it benefits from strong demand for weapons from…
Textron posts quarterly revenue beat on strong business jet demand
(Reuters) – Cessna jet maker Textron Inc reported a better-than-expected revenue on Wednesday, as a pandemic-driven demand for private jets shows little signs of cooling. The spread of the COVID-19 pandemic drove…
Strong Canada retail sales forecast adds fodder to rate hike argument
By Ismail Shakil OTTAWA (Reuters) – Canadian retail sales edged down 0.1% in November from the previous month before bouncing back in December, data published on Friday showed, adding to other recent…
GE HealthCare expects 5%-7% organic revenue growth in 2023 on strong demand
(Reuters) -GE HealthCare Technologies Inc expects organic revenue growth for 2023 to be in the range of 5% to 7% on robust customer demand, the company said on Tuesday, even as inflation…
ECB sees ‘very strong’ wage growth ahead in next few quarters
FRANKFURT (Reuters) – Wage growth across the euro zone is expected to be “very strong” over the next few quarters but real wages are still likely to decline given rapid inflation, a…
December’s Strong Jobs Report Unlikely To Slow Fed’s Rate Hikes
December’s Strong Jobs Report Unlikely To Slow Fed’s Rate Hikes John Hugh DeMastri on January 6, 2023 The U.S. added 223,000 jobs in December, surpassing investor expectations by roughly 20,000 and cooling…
US payrolls show labor market remains strong but wages rises cool
NEW YORK (Reuters) – The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate falling to 3.5%, but higher borrowing costs as the Federal Reserve fights…
Schiff Claims Addressing Border Crisis ‘A Very Strong Priority’ For Democrats
Schiff Claims Addressing Border Crisis ‘A Very Strong Priority’ For Democrats Harold Hutchison on January 5, 2023 Democratic Rep. Adam Schiff of California claimed Thursday that Democrats considered addressing the border “a…
India’s factories ended 2022 on a strong note
By Vivek Mishra BENGALURU (Reuters) – India’s manufacturing industry ended 2022 on a solid footing as business conditions improved at the fastest rate in over two years while growth in new orders…
Indian stocks top Asian markets, strong economic growth fuels hope
By Ankur Banerjee SINGAPORE (Reuters) – In a year when Indian equities emerged as the best performers in Asia and the country took advantage of a structural shift in supply chains from…
ECB’s strong policy response needed for next half year, Kazimir says
(Reuters) – The inflation outlook requires the European Central Bank to continue with its strong policy response, and interest rates will need to go into “restrictive” territory and stay there longer, ECB…
TUI hopes for strong summer for travel despite inflation
BERLIN (Reuters) – TUI, the world’s largest holiday company, is seeing growing demand for travel despite the energy crisis and double-digit inflation, the company said on Monday, as it sets its sights…
Dollarama lifts annual sales forecast on strong demand for cheaper grocery
(Reuters) – Dollarama Inc raised its full-year same-store sales forecast on Wednesday, as the Canadian discount store chain benefited from inflation-weary consumers shopping at its stores in search of cheaper groceries and…
Strong sugar prices help Tereos offset high production costs
PARIS (Reuters) -French sugar group Tereos reported strong first-half results on Tuesday, including a net profit and a sharp rise in earnings, as high sugar and ethanol prices helped offset an increase…
Ferrari pauses new Purosangue orders amid strong demand – media
MILAN (Reuters) – Ferrari has temporarily stopped taking orders for its Purosangue SUV as high demand has sent waiting lists for some customers to around two years, Chief Marketing and Commercial Officer…
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