Israel finance ministry trims GDP forecasts but sees surge in tax income
By Steven Scheer JERUSALEM -Israel is on track to collect 45.5 billion shekels ($13 billion) more than initially expected in revenue in 2022, the Finance …
Surge
Australia job vacancies surge as firms struggle to find staff
SYDNEY – Job vacancies in Australia surged to all-time highs in the May quarter as firms struggled to find staff amid a tightening labour market, …
Millions risk undernourishment as wheat prices surge, FAO and OECD warn
PARIS – The war in Ukraine that has stalled its wheat exports will keep global prices high into the 2022/23 season, putting millions more people …
TPG to acquire remaining stake in Convey Health, shares surge
By Chibuike Oguh NEW YORK – Private equity firm TPG Inc agreed to acquire all the outstanding shares of Convey Health Solutions Holdings it does …
Macron aims for surge in number of French tech unicorns by 2030
By Sudip Kar-Gupta PARIS – French President Emmanuel Macron, who sees growth in the country’s tech sector as crucial to his plans to boost the …
Bubs Australia shares surge on infant formula supply deal with Walmart
(Reuters) – Shares of Bubs Australia jumped on Thursday after the company signed a deal to supply its infant formula products to U.S. retail giant …
Euro interbank borrowing rates see biggest daily surge in over 10 years
By Yoruk Bahceli (Reuters) -Euro area interbank borrowing rates saw their biggest daily jumps in over 10 years on Tuesday, reflecting huge increases in market …
Britain orders review of fuel market as pump prices surge
LONDON – Britain’s competition watchdog has been asked by the government to review the retail fuel market to see whether a cut in duty has …
China’s May new bank loans surge 1.89 trln yuan, much stronger than forecasts
BEIJING – Chinese banks extended 1.89 trillion yuan ($282.62 billion) in new yuan loans in May, rebounding sharply from April and beating analysts’ expectations as …
S.Korea plans to manage steel scrap as strategic asset as prices surge
SEOUL – South Korea plans to manage steel scrap from cars and abandoned buildings and structures as a strategic material, a government official said on …
Parents Flee The Public School System As Charter Schools See Surge In Enrollment
Parents Flee The Public School System As Charter Schools See Surge In Enrollment Reagan Reese on June 8, 2022 Enrollment in New York City schools …
Surge in euro zone wages may be less than meets the eye
FRANKFURT – Euro zone wages are climbing after a lost decade but some pay rises may prove fleeting as employers across the bloc opt to …
Gas Prices Surge 26 Cents in One Week Across New Jersey to Over $5 Per Gallon in Some Places
TOMS RIVER, NJ – Shore-bound traffic during the weekend after Memorial Day weekend was light. People across the Garden State are now driving fewer miles …
Shipping giant CMA CGM sees uncertain outlook as earnings surge again
PARIS – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated …
Test makers target monkeypox market as cases surge
By Natalie Grover LONDON – Diagnostic companies are racing to develop tests for monkeypox, hoping to tap into a new market as governments ramp up …
U.S. productivity tumbles in first quarter; labor costs surge
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, the government …
German April import prices surge 31.7%
BERLIN – Driven by climbing energy prices, German import prices surged 31.7% in April compared to last year’s period, the strongest increase since September 1974, …
‘Like A Roller Coaster’: Natural Gas Prices Surge, Inventories Drained Following Biden’s EU Deal
‘Like A Roller Coaster’: Natural Gas Prices Surge, Inventories Drained Following Biden’s EU Deal Thomas Catenacci on May 26, 2022 U.S. natural gas prices have …
Woke Activists In The Workplace Are Sparking A Surge In Free Speech Cases
Woke Activists In The Workplace Are Sparking A Surge In Free Speech Cases Harold Hutchison on May 24, 2022 A non-profit public-interest law firm says …
Pushpay shares surge after NZ-based payments group confirms takeover talks
(Reuters) – Shares of Pushpay Holdings Ltd surged on Tuesday after the New Zealand-based payments group confirmed that it was in early talks with multiple …
Top anti-inflation official in Argentina resigns as prices surge
BUENOS AIRES – A senior official in Argentina charged with leading government efforts to tame sky-high inflation resigned on Monday due to differences over how …
Shares in Deutsche Euroshop surge in pre-market trade on takeover offer
BERLIN – Shares in Deutsche Euroshop jumped 31.2% in Lang & Schwarz pre-market trade on Monday after a consortium of bidders offered 1.4 billion euros …
Local Officials Prepare For Looming Border Surge, Warning They’re Already Overwhelmed
Local Officials Prepare For Looming Border Surge, Warning They’re Already Overwhelmed Jennie Taer on May 20, 2022 Local officials in border towns aren’t prepared for …
Britain’s Nationwide warns inflation surge could dent house prices
By Lawrence White and Iain Withers LONDON – Nationwide Building Society said on Friday rocketing inflation could send British house prices into reverse, in one …
Foreign selling in Asian bonds extends as U.S. yields surge
By Gaurav Dogra (Reuters) – Emerging Asia ex-China bonds witnessed foreign outflows for a second straight month in April, due to higher U.S. yields and …
Lordstown Motors shares surge after it sells assets to Foxconn
(Reuters) – Shares of Lordstown Motors shares surged over 23% in trading before the bell on Thursday after the electric vehicle startup said it had …
Analysis: Dollar’s surge spurs currency hedging by U.S. companies
By Saqib Iqbal Ahmed NEW YORK – U.S. companies are ramping up efforts to protect their profits from a relentless rally in the dollar, as …
No place to hide: Dollar’s surge cuts across markets
By Saikat Chatterjee and Sujata Rao LONDON – “Our currency, your problem,” were the words of a former U.S. Treasury secretary in 1971 to other …
Food prices ease slightly in April after record surge, U.N. agency says
ROME – World food prices eased slightly in April after hitting a record high in March, but global food security remained a concern because of …
U.S. fuel prices surge faster than crude as exports tighten market
By Stephanie Kelly NEW YORK – U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has …
Donations to U.S. abortion rights groups, clinics surge after Supreme Court leak
By Gabriella Borter (Reuters) – Donations have flooded into abortion clinics and abortion-rights advocacy groups since the leak of a U.S. Supreme Court draft ruling …
Greek workers protest at energy cost surge in May Day rallies
ATHENS – Metro trains ground to a halt and ships were docked in ports as thousands of workers joined May Day rallies in the Greek …
Biden Admin Unveils Plan To Deal With Expected Massive Migrant Surge
Biden Admin Unveils Plan To Deal With Expected Massive Migrant Surge Jennie Taer on April 26, 2022 The Biden administration released its plan Tuesday for …
U.S. new home sales dive in March; prices surge
WASHINGTON – Sales of new U.S. single-family homes tumbled in March as soaring mortgage rates and prices reduced affordability, but the housing market remains supported …
U.S. refiners set for strong start to 2022 as fuel prices surge worldwide
By Laura Sanicola (Reuters) – U.S. oil refiners expect strong first-quarter earnings as margins to sell gasoline and diesel strengthened due to a steep dropoff …
Mexico’s Banorte eyes Banamex, shares surge
By Kylie Madry MEXICO CITY -Mexico’s Banorte said on Friday that “non-disclosure agreements” had been signed as a preliminary step toward a possible bid for …
China exports to North Korea surge with edible oil, wheat flour in demand as trade resumes
BEIJING – China’s exports to North Korea surged in January-March with sales of edible oil, wheat flour and pharmaceutical compounds to its reclusive neighbour sky-rocketing …
Stranded Occupants Rescued From Jersey Shore Motels as Storm Surge Flooded Room
EGG HARBOR TOWNSHIP, NJ – Police responded to the Travel Inn on the Black Horse Pike on Tuesday at around 11:36 pm to rescue seven …
Unvaccinated children hospitalized at twice the rate during Omicron surge -U.S. study
By Amruta Khandekar (Reuters) – Hospitalization rates for unvaccinated children ages 5 to 11 were twice as high as among those who were vaccinated during …
U.S. crude stocks surge on strategic reserve release
By David Gaffen (Reuters) – U.S. crude stocks surged by more than 9 million barrels, in part due to releases from the nation’s strategic reserves, …
U.S. March budget deficit falls sharply as revenues surge, COVID outlays drop
(Reuters) – The U.S. government posted a $193 billion budget deficit in March, less than a third of the $660 billion gap a year earlier, …
Australia business conditions surge in March, inflation runs hot
By Wayne Cole SYDNEY – A measure of Australian business conditions picked up sharply in March as firms saw strong sales and labour conditions, while …
DEA Warns Law Enforcement To Prepare For A Surge In ‘Mass-Overdose Events’ From Fentanyl
DEA Warns Law Enforcement To Prepare For A Surge In ‘Mass-Overdose Events’ From Fentanyl Jennie Taer on April 6, 2022 Amid an epidemic of overdose …
Union election petitions surge as U.S. workers organize
By Hilary Russ NEW YORK – U.S. workers and labor groups filed 57% more petitions to be represented by unions in the last six months …
China relies on traditional medicine to fight COVID surge in Shanghai
SHANGHAI – Shanghai is distributing to residents millions of boxes of traditional Chinese medicine (TCM), such as herbal products and flu capsules, which it says …
Nuclear missiles, bombs market to surge 73% by 2030-report
(Reuters) – The global market for nuclear missiles and bombs should surpass $126 billion within ten years, up nearly 73% from 2020 levels, according to …
Peru suspends some fuel taxes to fight price surge
SANTIAGO -Peru’s ministry of economy and finance announced on Sunday that it would suspend taxes on the country’s most consumed fuels to fight surging prices …
U.S. manufacturing sector activity slows in March; input prices surge – ISM
WASHINGTON – U.S. manufacturing activity unexpectedly slowed in March as tight supply chains continued to drive input prices higher, but factories boosted hiring, allowing them …
El Salvador invokes emergency powers after surge in homicides
By Nelson Renteria SAN SALVADOR – El Salvador’s Congress approved on Sunday emergency powers that temporarily suspended some constitutional protections after the Central American country …
Chalco’s net profit hits 14-year high after surge in metals prices
By Min Zhang and Twinnie Siu BEIJING/HONG KONG – Aluminum Corp of China Ltd, known as Chalco, said on Tuesday its net income surged 564.6% …