Tag: afloat

Chinese funding keeps Cameroon’s deep seaport expansion project afloat

A small fishing town in southwest Cameroon is counting on Chinese funding to transform itself into a major Central African sea hub. The Kribi Deep Seaport, on Africa’s Atlantic coast, is being built by Chinese state-owned China Harbour Engineering Company (CHEC), and largely funded by China Eximbank which has provided around US$1.48 billion over the […]

A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat

Peak boomers are getting ready to retire.REUTERS/Mike Blake Over 30 million “peak boomers” are entering retirement financially unprepared. The economy could take a hit, with industries like manufacturing and education needing to replace boomer workers. Those new retirees will likely be disproportionately leaning on Social Security to stay afloat. The youngest baby boomers are about […]

Businesses in Brooklyn’s ‘Little Pakistan’ struggling to stay afloat

MIDWOOD, Brooklyn (PIX11) — Beloved businesses in Brooklyn’s “Little Pakistan” are struggling to stay afloat due to rising costs, raising concerns about the future of the vibrant community hub. Nosheen Ahmed, owner of Future Fashion, a cornerstone of the community for over 33 years, shared the challenges they’re facing. “Everything is increasing,” Ahmed said. “Since […]

Investors looking to share buybacks to keep US stock market afloat

(Bloomberg) — Stocks started 2024 with a limp. But that could change this week as earnings season kicks off and companies start announcing their plans for share repurchases, something investors hope will help the market keep last year’s rally running. Most Read from Bloomberg Bulls may need the support, as hedge funds and retail investors […]