(Reuters) -Rio Tinto Ltd said on Friday it had completed its long drawn-out acquisition of remaining 49% stake in Turquoise Hill Resources, giving the Anglo-Australian firm a 66% stake in …
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PARIS (Reuters) – European Central Bank (ECB) member and Bank of France head Francois Villeroy de Galhau said on Friday the fight against inflation wasn’t over, adding it should peak …
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US and World News
U.S. Senate passes stopgap funding bill to avert government shutdown
by Reutersby ReutersBy Makini Brice and Richard Cowan WASHINGTON (Reuters) – The U.S. Senate passed by a 71-19 vote a weeklong stopgap funding bill on Thursday to avoid a partial government shutdown …
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Business News
China’s re-opening to lift Asia equity capital market volumes from three-year lows
by Reutersby ReutersBy Scott Murdoch SYDNEY (Reuters) – Asian equity capital markets activity, languishing at three-year lows now, is set to get a much needed boost in 2023 from China’s expected re-opening …
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By Nell Mackenzie LONDON (Reuters) – Well-known activist short-selling hedge funds expect to find more companies squeezed by tough economic conditions in 2023, potentially increasing instances where balance-sheet sinkholes are …
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Business News
No Santa rally for markets as central banks dampen peak rate hopes
by Reutersby ReutersBy Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) -Forget a year-end rally in financial markets. The message from major central banks is loud and clear: the battle to tame inflation …
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Business News
Sony considers $5.8 billion smartphone sensor factory in Japan – media
by Reutersby ReutersTOKYO (Reuters) – Sony Group Corp is considering an investment of about 800 billion yen ($5.83 billion) to build a factory to make smartphone image sensors in western Japan, the …
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US and World News
Global coal consumption to reach all-time high this year – IEA
by Reutersby ReutersBy Nina Chestney LONDON (Reuters) – Global coal consumption is set to rise to an all-time high in 2022 and remain at similar levels in the next few years if …
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Business News
India rupee settlement mechanism draws interest from more nations
by Reutersby ReutersBy Nikunj Ohri and Shivangi Acharya (Reuters) – India’s rupee trade settlement mechanism, a means of using rupees instead of dollars and other big currencies for international transactions, is attracting …
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A look at the day ahead in European and global markets from Ankur Banerjee Investors have hunkered down with their risk-off hat on, after a central bank bonanza this week …
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Business News
China’s economy picking up but “arduous efforts” needed to sustain momentum – state planner
by Reutersby ReutersBEIJING (Reuters) – China’s economy is expected to pick up, but “arduous efforts” are needed to sustain the recovery in growth due to an adverse external environment and the global …
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Business News
Japan Nov consumer inflation likely to hit fresh four-decade high – Reuters poll
by Reutersby ReutersTOKYO (Reuters) – Japan’s nationwide consumer price inflation likely hit a fresh 40-year high in November, as firms increasingly passed on high energy, food and raw material costs to households, …
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Business News
U.S. Senate passes record $858 billion defense act, sending bill to Biden
by Reutersby ReutersBy Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense spending, $45 billion more than proposed by President Joe Biden, …
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US and World News
Capping rocky 2022, EU agrees more Russia sanctions, funds for Ukraine
by Reutersby ReutersBy Sabine Siebold and Bart H. Meijer BRUSSELS (Reuters) -European Union leaders wrapped up their last summit of 2022 with an agreement to provide 18 billion euros in financing to …
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Department of Justice Press Releases
Social Security Administration Employee Accused of Fraud and Money Laundering
by DOJ Pressby DOJ PressDENVER – The U.S. Attorney’s Office for the District of Colorado announces Justin Skiff, age 36, of Castle Pines, appeared in U.S District Court today to face one count each …
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Department of Justice Press Releases
First person referred from new anti-gang center ordered to prison
by DOJ Pressby DOJ PressLAREDO, Texas – A 51-year-old Laredo resident has been sentenced for illegal firearms possession, announced U.S. Attorney Alamdar S. Hamdani. Hector Agustin Esparza pleaded guilty Sept. 12. Today, U.S. District …
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Department of Justice Press Releases
Jack Vicars Sentenced To 27 Months For Embezzling Nearly $350,000
by DOJ Pressby DOJ PressGREENEVILLE, Tenn. – On December 15, 2022, Jack D. Vicars, 49, currently of Bluff City, TN, was sentenced to 27 months in federal prison by the Honorable Clifton L. Corker, …
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California NewsGovernment NewsUS and World News
Calexico East Port of Entry Resumes Hours of Operation
CALEXICO, Calif., — U.S Customs and Border Protection (CBP) officials announced today that they are amending the hours of operation at the Calexico East Port of Entry (POE), will resume …
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SOUTH PADRE ISLAND, Texas — U.S. Customs and Border Protection (CBP), Air and Marine Operations (AMO) will launch the tethered aerostat, “Argos,” at U.S. Coast Guard (USCG) Station South Padre Island …
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By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip sector to a trade blacklist, …
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Business News
Philippines central bank chief flags more rate hikes to tame inflation – Bloomberg TV
by Reutersby ReutersMANILA (Reuters) – The Philippines central bank will likely have to continue raising rates at its next two meetings to ensure inflation returns to within its 2-4% target range next …
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US and World News
Louisiana officers charged in 2019 death of unarmed Black motorist
by Reutersby ReutersBy Tim Reid LOS ANGELES (Reuters) – A grand jury indicted five Louisiana law enforcement officers on Thursday on charges ranging from negligent homicide to malfeasance for their role in …
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Business News
Thai economy continues to recover but faces more challenges – central bank
by Reutersby ReutersBANGKOK (Reuters) – Thailand’s economy continues to recover, but faces more challenges with policy priorities to ensure a continued rebound, the central bank chief said on Friday. Further interest rate …
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US and World News
Guardant DNA blood test finds 83% of colorectal cancers in trial, shares fall 35%
by Reutersby ReutersBy Deena Beasley (Reuters) -Guardant Health Inc said on Thursday a pivotal trial of its DNA blood test showed it detected 83% of colorectal cancers and 13% of advanced adenomas, …
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Business News
As Kuroda bows out, Bank of Japan’s rising hawks eye end to unloved yield cap
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – As Haruhiko Kuroda’s decade helming Japan’s central bank nears an end, more of his senior colleagues are seeing a case to remove the bank’s …