LONDON – The London Metal Exchange (LME) defended its decision to suspend nickel trading and cancel deals earlier this week when prices doubled within hours, saying the market had become …
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By Jan Strupczewski and Leigh Thomas VERSAILLES, France -European Union leaders pledged on Friday to cut their dependence on global suppliers of food, microprocessors, drugs, raw materials and digital technologies, …
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WASHINGTON – U.S. President Joe Biden on Friday said the United States will revoke Russia’s “permanent normal trade relations” status to punish Moscow over its invasion of Ukraine. The change …
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By David Gaffen HOUSTON – Oil industry conferences usually feature protesters of some kind, but the small group holding signs all week just a block away from the CERAWeek energy …
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Five Defendants Charged In Multi-Million Dollar Prescription Drug Smuggling & Money Laundering Scheme
by DOJ PressGRAND RAPIDS, MICHIGAN – U.S. Attorney Andrew Birge announced that five defendants have been charged with conspiring to smuggle prescription drugs into the United States …
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DAVENPORT, Iowa– A Moline, Illinois man, Jose Antonio Tapia, age 43, was sentenced yesterday to 72 months in prison for Felon in Possession of a Firearm. Tapia was ordered to …
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Former Newton Man Sentenced to 70 Years in Federal Prison for Sexually Exploiting Children
by DOJ PressDES MOINES, IA – On March 10, 2022, United States District Court Senior Judge James E. Gritzner sentenced Andrew Scott Scanlan, age 33, formerly of Newton, to 840 months in …
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HARRISBURG – Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division, U.S. Attorney John C. Gurganus for the Middle District of Pennsylvania, Assistant Director Luis Quesada …
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United States Attorney Dennis R. Holmes announced that Homeland Security Investigations (HSI), with the assistance of the Internet Crimes Against Children Task Force (ICAC), South Dakota Division of Criminal Investigation …
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Individual Indicted and Arrested for Laundering More Than $360,000 of Unemployment Benefits and Pandemic Unemployment Assistance Funds
by DOJ PressSAN JUAN, P.R. – On March 10, 2022, the Federal Grand Jury in the District of Puerto Rico returned an indictment charging Martín Scamaroni-Cintrón with money laundering violations related to …
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SAN JUAN, PUERTO RICO – U.S. District Judge Francisco Besosa sentenced Ricardo Pérez-Delgado to a term of 480 months (40 years) in prison for his participation in a robbery resulting …
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By Foo Yun Chee and Paul Sandle BRUSSELS/LONDON -European Union and British antitrust authorities launched parallel investigations on Friday into a 2018 online display advertising deal between Google and Facebook, …
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-Discovery Inc shareholders voted Friday to approve the media company’s $43 billion merger with WarnerMedia, moving the deal one step closer to completion. Shareholders approved various measures, such as charter …
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By Ernest Scheyder HOUSTON – U.S. regulators are warming to approving new domestic sources of electric vehicle battery metals, as Washington bids to avoid a reliance on strategic minerals imports …
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By Sheila Dang -AT&T Inc expects to invest about $48 billion through the end of 2023 to expand its fiber internet and 5G wireless services, the U.S. wireless carrier said …
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By Seher Dareen – Gold retreated on Friday as Russian President Vladimir Putin’s comments on making some progress in talks with Ukraine eased demand for the safe-haven asset that was …
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By Jamie McGeever ORLANDO, Fla. – Russian sovereign defaults evoke nervy times on Wall Street. Tremors from the Russian government’s last rouble debt default in August 1998 contributed to what …
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By Julie Gordon and Ismail Shakil – Canada posted a blockbuster job gain in February, easily beating expectations and more than wiping out January’s decline, while the unemployment rate dropped …
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By Florence Tan SINGAPORE -Russian producer Surgutneftegaz has allowed Chinese buyers to receive oil without providing guarantees known as letters of credit (LC) in order to bypass Western sanctions, three …
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By Nick Carey LONDON – Mercedes-Benz has 2 billion euros ($2.2 billion) in assets that could be threatened by Russian proposals to nationalise the property of foreign firms that leave …
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By Peter Hobson LONDON – Gold prices are likely to rise to record highs as the risk that Russia’s attack on Ukraine will stifle the global economy increases demand for …
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– Global bond funds saw big outflows in the week to March 9 due to a spike in crude oil prices and concerns over soaring inflation levels, amid intensifying conflict …
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By Brenna Hughes Neghaiwi ZURICH – UBS aims to cut its financing of fossil fuel emissions by more than two-thirds by 2030, Switzerland’s biggest bank said on Friday, joining lenders …
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By Marcela Ayres BRASILIA -Brazil’s central bank announced tougher rules for fintechs on Friday, saying that payment institutions will be subject to regulations based on their size and complexity and …
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By Joan Faus BARCELONA – Spanish oil operator Meroil has no plans to sell its 50% stake in a joint venture with Russia’s Lukoil in a Barcelona oil terminal due …