Financial News

– 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% …

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 …