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(Reuters) – Consumer inflation in Russia will keep on accelerating in annual terms due to base effects, the central bank said on Wednesday, warning that rouble volatility will continue, leading …

WASHINGTON – U.S. Treasury Secretary Janet Yellen said it would be “a long time, if ever” before the U.S. dollar was replaced as the key reserve currency in the global …

(Reuters) -The Russian rouble stabilised near 80 to the dollar on Wednesday and stock indexes pared earlier gains and inched lower, losing momentum after weeks of jittery trade. Russian actions …

By Kylie Madry SANTA LUCIA, Mexico – After a grandiose inauguration ceremony of Mexico City’s newest airport last month, not a single suitcase was in sight there on a recent …

JOHNSTOWN, Pa. – A former resident of Johnstown, PA pleaded guilty in federal court to charges of violating federal narcotics laws, United States Attorney Cindy K. Chung announced today. Troy …

United States Attorney Ronald C. Gathe, Jr. announced today that Mohammad Alam, age 50, of New York, pled guilty to a Bill of Information charging him with misprision of a …

           Montgomery, Alabama –        On Tuesday, April 12, 2022, Ashley Nicole Haydt, 36, from Taylor, Alabama, was sentenced to 220 months in federal prison for her role in instigating …

SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Cornell Williams, age 25, an inmate at the Federal Correctional Institution, Schuylkill (FCI Schuylkill), was …

Tampa, Florida – U.S. District Judge James D. Whittemore has sentenced Oscar Marsiglia Barrios (54, Colombia) to 17 years in federal prison for conspiracy to distribute cocaine knowing and intending …

(Reuters) – The outlook for Afghanistan’s economy is dire with per capita income having fallen by over a third in the last four months of 2021 after the Islamist Taliban …

BEIJING -China will use timely cuts in banks’ reserve requirement ratios (RRR) and other policy tools to support the economy, the cabinet said on Wednesday, as headwinds increase amid outbreaks …

(Reuters) – The average interest rate on the most popular U.S. home loan rose to more than 5% last week, the highest level since November 2018, and homebuyers hurried to …

SAO PAULO – Blackrock Inc’s CEO Larry Fink said on Wednesday the world’s biggest asset manager forecasts the launch of three infrastructure funds focused on renewable energy, as the war …

(Reuters) – Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made inside the company’s virtual reality platform Horizon Worlds. The overall charge …

(Reuters) – Reckitt Benckiser Group said on Wednesday it had begun a process aimed at transferring ownership of its Russian business, becoming the first major personal goods maker to do …

SEOUL – Hyundai Motor Co plans to add electric vehicles (EV) in its Montgomery assembly line in the United States, marking the South Korean automaker’s first EV production in the …

LONDON – U.S. private equity firm General Atlantic on Wednesday named Lance Uggla, former boss of data company IHS Markit, as chief executive of its climate-focused venture BeyondNetZero. Uggla founded …

(Reuters) – Russia can boost its economy by 7-8 trillion roubles ($85-97 billion) without stoking significant inflationary risks, a senior official said on Wednesday, as Moscow deals with supply curbs, …

(This story corrects APRIL 5 story to replace final chart, after data provider Nansen found error in their data) By Elizabeth Howcroft (Reuters) – The NFT bubble isn’t popping, but …

By Brenna Hughes Neghaiwi and Oliver Hirt ZURICH -Former Raiffeisen Switzerland Chief Executive Pierin Vincenz was jailed for nearly four years on Wednesday at the end of a fraud trial …

By Natalie Grover and Yadarisa Shabong (Reuters) – Britain’s GlaxoSmithKline sought to bolster its cancer business on Wednesday by agreeing a $1.9 billion deal to buy U.S. drug developer Sierra …

By Silke Koltrowitz ZURICH -Swiss chocolate maker Barry Callebaut will keep operating in Russia to help customers and employees there, even though images from the war in Ukraine create “enormous …

MILAN – Luxury sports-car maker Ferrari will launch in the coming months its first sport utility vehicle (SUV), the Purosangue (Thoroughbred), the company’s Chief Executive Benedetto Vigna said on Wednesday. …

By James Davey LONDON -Tesco, Britain’s biggest retailer, warned of a drop in profits this financial year as surging inflation piles pressure on the supermarket group and its customers alike. …

By Alexander Schummer TORONTO – Canada’s accelerated timeline to fully embrace electric vehicles (EVs) presents a threat to some auto suppliers and auto mechanics, with the latter pinning hopes on …