By Victoria Waldersee BERLIN – Germany’s industrial heavyweights are teaming up to retrain workers in areas such as software and logistics to fill a growing skills gap and avoid layoffs …
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(Reuters) – An Australian court ordered Westpac Banking Corp to pay A$113 million ($82.92 million) in penalties for multiple compliance failures across its businesses, after hearing the last of the …
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STOCKHOLM -Swedish defence products company Saab will boost capacity to meet rising demand, it said on Friday after posting an increase in first-quarter profit and strong order intake. Shares in …
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By Kevin Yao BOAO, China -China’s securities watchdog is holding regular talks with U.S. regulators over audit cooperation and expects a deal soon, a Chinese regulatory official said on Thursday …
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Zelenskiy says Ukraine needs $7 billion per month to make up for losses caused by invasion
by ReutersWASHINGTON – Ukraine President Volodymyr Zelenskiy said on Thursday that Ukraine needs $7 billion per month to make up for economic losses caused by Russia’s invasion of his country. Zelenskiy, …
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By Laura Sanicola (Reuters) – Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been …
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By Kate Holton CHESTERFIELD, England – Steel boss James Brand raises his voice above the roar of metal being funnelled into a foundry furnace as he details how rampant costs …
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BEIJING -Industrial output in Shanghai, China’s most populous city, slumped in March, the first monthly decline in two years, after stringent lockdown measures halted production in some factories, a city …
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By Davide Barbuscia NEW YORK – Expectations that a hawkish Federal Reserve will cause an economic slowdown are pushing some investors to increase exposure to long-term Treasuries, as policymakers continue …
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By Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss (Reuters) – A months-long rally in the dollar may be reaching its peak as the Federal Reserve gears up to deploy more interest …
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By Sujata Rao and Saikat Chatterjee LONDON -After huge rallies fed by blockbuster commodity price surges, the tide may be turning for currencies such as the Aussie dollar and Colombian …
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By Daniel Leussink TOKYO -Japan’s core consumer prices rose at the fastest pace in more than two years in March, raising worries higher energy and food costs could increasingly take …
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By Kevin Yao BOAO, China -China’s central bank chief pledged on Friday to keep policy accommodative to support the slowing economy, with steps such as helping small firms and sectors …
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By Takaya Yamaguchi TOKYO -Japan’s government will raise the cap for gasoline subsidies and replenish state reserves by compiling an extra budget to cushion the economic blow from rising raw …
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NEW YORK, NY – The New York City Police Department has made an arrest in the case of a murdered Fores Hills mother whose body was found last weekend in …
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By Daniel Leussink TOKYO – The Bank of Japan (BOJ) should revise its yield curve control (YCC) policy or scrap it if the benchmark Japanese government bond (JGB) yield keeps …
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MELBOURNE – Santos Ltd played down on Friday an Alaska road access dispute with ConocoPhillips, saying their feud was not slowing work on the $3 billion Pikka oil project or …
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JAKARTA – Indonesia’s central bank may hike its reserve requirement ratio (RRR) further if inflation starts to pick up, while the option to raise interest rates will be its last …
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By Arsh Tushar Mogre and Devayani Sathyan BENGALURU – South Korea’s economic growth likely slowed significantly in the first quarter as restrictions imposed to prevent the spread of COVID-19 slammed …
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By Kantaro Komiya and Tetsushi Kajimoto TOKYO – Japan’s ruling coalition on Thursday agreed a supplementary budget to support lower-income households and small firms, signalling more spending for the heavily …
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By Fergal Smith TORONTO -The Bank of Canada could consider a larger rate increase than the half-point move it made last week, as the central bank grapples with reining in …
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Cleveland, OH – Members of the Northern Ohio Violent Fugitive Task Force (NOVFTF) arrested David Lamont Young III, 22, and Michael Preston Beidleman, 39. Both males were wanted for homicide …
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Cleveland, OH – Yesterday afternoon, members of the Northern Ohio Violent Fugitive Task Force (NOVFTF) arrested Torrez Smith, 23, and Mark James, 31, who were both wanted by Cleveland Division …
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Clarksburg, WV – A missing child from Bridgeport has been located in Stockton, New York. Additionally, a suspect has been arrested in connection with the child’s disappearance. On March 7, …
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Scranton, PA – Today, United States Marshal Martin J. Pane announced the arrest of Syncire Nickens, a 20- year-old Wilkes-Barre man.On March 8, 2022, the Wilkes-Barre City Police Department investigated …