MILAN – A worsening in microchip supply conditions triggered by Russia’s invasion of Ukraine will prompt carmaker Stellantis to slow operations at its key Melfi plant in Italy next month,…
By Huw Jones LONDON – Rules forcing Britain’s banks to wrap their retail arms with a bespoke cushion of capital should be retained for now, though they could “ossify” the…
Leonard C Boyle, United States Attorney for the District of Connecticut, today announced that RAY FONTANEZ, also known as “Pun,” 34, of Bridgeport, was sentenced yesterday by U.S. District Judge…
SPRINGFIELD, Ill. – A woman and a man from Springfield, Illinois, Brandy Friday, 36, and Brent Garner, 42, both of the 1200 block of South Livingston, have pleaded guilty to…
DES MOINES, IA – On March 10, 2022, Penny Layne Witt appeared in federal court and pleaded guilty to one count of attempting to evade or defeat tax. Witt is…
Baltimore, Maryland – Jason Evans, age 47, formerly of Anne Arundel County, Maryland, pleaded guilty yesterday to two counts of bank fraud, in connection with two separate fraud schemes, to…
NEWARK, N.J. – A member of the Newark Municipal Council and Board of Directors of the Newark Community Economic Development Corporation (NCEDC) today admitted scheming to obtain bribes and kickbacks…
Leonard C Boyle, United States Attorney for the District of Connecticut, announced that TYTHRONE FORD, 28, of New Haven, was sentenced today by U.S. District Judge Jeffrey A. Meyer in…
By Svea Herbst-Bayliss BOSTON – Barclays PLC has hired an executive from a rival bank for its mergers, acquisitions, activism and ESG advisory group as demand increases from corporate clients…
– Volvo Cars U.S. said on Tuesday it was partnering with coffee giant Starbucks Corp to create a public electric vehicle (EV) charging network that is set to begin this…
By Eric Onstad LONDON – Nickel will resume trading on the London Metal Exchange (LME) in a fixed price range for the first time on Wednesday after extreme volatility in…
FREEHOLD, NJ – A grand jury has indicted Conor Kavanagh, 29, of Colts Neck with three counts of first-degree Armed Robbery, according to Acting Monmouth County Prosecutor Lori Linskey. Kavanaugh…
By Francesco Guarascio BRUSSELS – The European Union on Tuesday launched a new barrage of sanctions against Russia for its invasion of Ukraine, including bans on Russian energy sector investments,…
– Russia faces its first major external debt default since 1917 as Western sanctions in response to its invasion of Ukraine limit its ability to service foreign bonds. Russia has…
-French tyre maker Michelin is suspending its industrial activity in Russia and exports to the country due to supply difficulties following Moscow’s invasion of Ukraine. In 2004, Michelin became the…
By Sruthi Shankar and Shreyashi Sanyal -European stocks fell on Tuesday, with commodity-linked sectors leading the losses, as concerns about surging coronavirus cases in China added to nerves ahead of…
NEWARK, NJ – The United States Department of Justice today announced a Newark city councilman has admitted to taking bribes, accepting kickbacks and filing a false tax return. U.S. Attorney…
By Foo Yun Chee BRUSSELS -Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S. movie studio MGM to help it to compete with…
-U.S. consumer spending on e-commerce is expected to hit a record $1 trillion this year thanks to the pandemic-driven shift to online shopping, a report from Adobe Analytics showed on…
By Marc Jones LONDON – The European Union has banned top credit rating firms from rating Russia and the country’s companies as part of its latest sanctions package, the European…
LVIV, Ukraine -Ukraine’s parliament approved measures on Tuesday to help Ukrainian businesses stay afloat during the war with Russia, including slashing taxes to a single 2% rate, Prime Minister Denys…
By Valentina Za MILAN -UniCredit is studying ways to exit Russia following the invasion of Ukraine, but needs to find a solution for its 4,000 local staff and European companies…
MEXICO CITY – Walmart’s Mexico unit is aiming to double the number of users connected to its mobile phone service in 2022, an executive said at the company’s investors day…
By Brijesh Patel – Gold fell nearly 2% on Tuesday to a two week trough as hopes of progress in peace talks between Russia and Ukraine coupled with the likelihood…
By Aditya Kalra NEW DELHI -Dispute settlement talks between Amazon.com Inc and India’s Future Retail failed over the U.S. group’s demand for the return of at least $200 million it…