– Shares of independent shale driller Continental Resources fell more than 8% on Tuesday, outpacing declines in the broader energy complex, after the company’s 2022 spending outlook topped expectations and…
By Dawn Chmielewski -The Walt Disney Co has appointed an executive to oversee its metaverse strategy, according to an email Disney Chief Executive Bob Chapek sent to staff Tuesday and…
By Andrea Shalal and David Lawder WASHINGTON – Developing countries must quickly strengthen their financial sectors, the World Bank said on Tuesday, warning that rising inflation, interest rates and alarming…
BOSTON -Investment firm Sachem Head Capital Management is trying to take control of US Foods Holding Corp’s board and has nominated seven directors, arguing that the food distributor’s performance has…
By Steven Scheer JERUSALEM -Intel Corp is buying Israeli chipmaker Tower Semiconductor for $5.4 billion, the companies said on Tuesday, giving it access to more specialised production as it positions…
By Sruthi Shankar and Shashank Nayar -European stocks pulled back some of their recent losses on Tuesday following reports that some Russian troops near Ukraine were returning to their bases,…
By Karen Brettell NEW YORK – A dramatic flattening in key parts of the U.S. Treasury yield curve is reflecting worries that the Federal Reserve has been too slow to…
By Huw Jones LONDON – Forcing foreign bank branches in the European Union to become subsidiaries would be a “last resort” to shed light on regulatory blind spots, a senior…
PARIS – France can only afford to cut business tax by another 10 billion to 15 billion euros without putting its public deficit reduction plans at risk, Finance Minister Bruno…
By Nick Carey LONDON – Electric vehicle (EV) battery startup Britishvolt said on Tuesday it will launch a Series C funding round with a starting investment of 40 million pounds…
LONDON – Investors have ramped up their underweight tech position to its largest in more than 15 years as central bank tightening remained the top risk to global markets in…
– South Africa’s Discovery Ltd said on Tuesday it would set up an Asia-focused health insurance technology business in partnership with Hong Kong-listed AIA Group Ltd. Discovery will own 25%…
Stock markets broke their single-day record for volatility Monday, having the largest turnaround in 13 years, multiple sources reported. The Dow Jones Industrial Average dropped over 1,000 points Monday before…
Lars Schönander on January 24, 2022 With the Federal Reserve’s first meeting of 2022 set for Wednesday, talk of surging inflation and how to deal with it is back in…
TRENTON – Governor Philip D. Murphy and Lt. Governor Sheila Y. Oliver today announced the upcoming launch of the Emergency Rescue Mortgage Assistance Program (ERMA), administered by the New Jersey…
TOMS RIVER, NJ – Ocean County senior citizens are concerned about the recent trend of banks closing local and small community branches. The county is home to one of the…
(This January 20 story corrects to reflect changes to LCFS would align with carbon neutrality goals; adds line regarding statistical significance of NOx increase in study) By Laura Sanicola –…
By Jonathan Landay and Jonathan Stempel NEW YORK -Four Belarusian government officials have been charged in the United States with aircraft piracy for diverting a Ryanair flight last May to…
By Praveen Menon, Kirsty Needham and Tom Westbrook WELLINGTON/SYDNEY – Life-saving water supplies from a New Zealand navy ship were distributed across Tonga’s main island on Friday, as other countries…
By Clare Jim and Brenda Goh HONG KONG/SHANGHAI -The provincial government leading China Evergrande Group’s restructuring wants to separate the company’s offshore assets and sell them to pay off foreign…
(Toyota corrects number of affected plants to 12 from 11) TOKYO -Toyota Motor Corp is slowing production at as many as 12 plants in Japan because of rising COVID-19 infections…
-U.S. authorities on Thursday charged a man with human smuggling of Indian nationals from Canada, the day after four people including a baby were found frozen to death in a…
By Lisa Richwine LOS ANGELES -Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20% and wiping away most…
– Peloton Interactive Inc’s chief executive said on Thursday the company was reviewing the size of its workforce and “resetting” production levels, following a report earlier in the day that…
By Poppy McPherson and Fanny Potkin BANGKOK -Lebanon’s M1 Group will partner with a Myanmar firm to take over Norwegian telco Telenor’s business in the Southeast Asian country after its…