By John Kemp LONDON – China’s manufacturing sector contracted this month as coronavirus outbreaks, city-level lockdowns, rising input prices and the severe disruption of global supply chains take their toll …
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Breaking NewsCentral Jersey NewsNew Jersey NewsOcean County NewsPolice Blotter
Road Rage May Have Prompted Beachwood Shooting
BEACHWOOD, NJ – Police in Beachwood are investigating after two cars entered a quiet neighborhood in the borough and the driver of one car fired shots at the other with …
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Financial News
Dutch MPs call for Russian asset seizures after appeal by Ukraine’s Zelenskiy
by Reutersby ReutersBy Anthony Deutsch and Toby Sterling THE HAGUE -Dutch lawmakers demanded of Prime Minister Mark Rutte’s government on Thursday that it speed up the implementation of sanctions against Russia, saying …
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By Huw Jones and Carolyn Cohn LONDON – Britain’s finance ministry flagged several reforms on Thursday and defended regulators from criticism they are too slow to license firms, saying flawed …
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Breaking NewsPennsylvania NewsPolice Blotter
One Person Critical after Shooting in Philadelphia Chinese Restaurant
PHILADELPHIA, PA – Police arrived on Jackson Street to find one man shot inside a Chinese restaurant on Tuesday. Now, the Philadelphia Police Department is asking for the public’s assistance …
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BERLIN -Volkswagen Group will have to recall more than 100,000 plug-in hybrid vehicles globally due to the risk of fire, said a spokesperson for the German carmaker. Some 42,300 owners …
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Financial News
Exclusive-Banks tell Britain that curb on all Russian savers won’t work -sources
by Reutersby ReutersBy Andrew MacAskill and Sinead Cruise LONDON – Banks in Britain have warned the government that a plan to ban all Russians from holding more than 50,000 pounds ($65,430) in …
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Financial News
Brazil’s jobless rate hits six-year low for quarter through February
by Reutersby ReutersBRASILIA – Brazil’s jobless rate stood at 11.2% in the three months through February, statistics agency IBGE said on Thursday, the lowest level for the period in six years, amid …
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Financial News
S&P Global sees Russia-Ukraine insurance losses of $16-35 billion
by Reutersby ReutersLONDON – S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the ratings agency said on Thursday. This includes possible aviation insurance losses …
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BERLIN/SHANGHAI -Volkswagen on Thursday said it would halt work at its factory in Shanghai between April 1-5, reversing an earlier plan to maintain some of its production, as the city …
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Financial News
S&P Global says Russia-Ukraine insurance losses could reach $35 billion
by Reutersby ReutersLONDON – S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the ratings agency said on Thursday. This includes possible aviation insurance losses …
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Financial News
Chile’s February copper production down 7%, manufacturing output dips
by Reutersby ReutersSANTIAGO – Copper output in Chile, the world’s largest producer of the metal, fell 7% year on year to 399,817 tonnes in February, the country’s statistics agency said on Thursday. …
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(Reuters) – British bank Barclays PLC on Thursday raised the minimum hourly wage for its U.S. employees to $20.50 from $17, months after a similar move by rival Bank of …
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Financial News
Germany’s bond yields set for biggest monthly jump in over a decade
by Reutersby ReutersBy Dhara Ranasinghe LONDON -Battered euro zone bonds recovered ground on Thursday, but were set to end March with one of their biggest selloffs in years as rising inflation and …
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Financial News
Analysis-“Slow-balisation”: how war, pandemic are reshaping global trade
by Reutersby ReutersBy Philip Blenkinsop BRUSSELS – Raising the drawbridge has been a response to war and pestilence throughout human history, and the tumultuous winter of 2022 has similarly led trading nations …
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Financial News
Petrobras, PetroRio advance in Albacora Leste talks; twin field trickier, sources say
by Reutersby ReutersBy Gram Slattery RIO DE JANEIRO – Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two …
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Financial News
Brazil’s Petrobras loses $400 million court case to Paragon Offshore
by Reutersby ReutersSAO PAULO – Brazil’s Petrobras said on Thursday that a Rio de Janeiro state court has ruled against the state-run oil company in a case brought up by drilling contractor …
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Financial News
H&M flags higher prices after profit falls far short of expectations
by Reutersby ReutersBy Anna Ringstrom STOCKHOLM -Sweden’s H&M said on Thursday it would need to raise prices this year as it reported a December-February profit sharply below expectations amid high raw material …
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Financial News
Exclusive-U.S. gas producer Ascent Resources prepares for IPO -sources
by Reutersby ReutersBy David French (Reuters) – Ascent Resources LLC, one of the largest privately held U.S. natural gas producers, is preparing an initial public offering (IPO) it hopes will give it …
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ZURICH – Swiss agrochemicals group Syngenta expects crops output in Ukraine to slump substantially this year, it said on Thursday, as it announced fourth-quarter results. “We hope to be able …
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Department of Justice Press Releases
Fentanyl Trafficker Pleads Guilty to Federal Distribution Charge for 30,000 ‘Pressed Pills’
by DOJ Pressby DOJ PressABINGDON, Va. – A Smyth County man, who ordered approximately 30,000 fentanyl pills from California and sold them in Southwest Virginia, pleaded guilty yesterday in U.S. District Court. Zachary Ryan …
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Financial News
EV startup Faraday Future gets SEC subpoena on inaccurate statements
by Reutersby Reuters(Reuters) -The U.S. Securities and Exchange Commission has subpoenaed some members of Faraday Future Intelligent Electric Inc’s management team as part of a probe into inaccurate statements made to its …
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Financial News
Russia’s Yandex winds down e-grocery in Paris, hints at London exit
by Reutersby Reuters(Reuters) – Russian internet giant Yandex is gradually winding down the Paris operations of its e-grocery service Yango Deli, a spokesperson said on Thursday, citing poor performance and hinting that …
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Financial News
Global fund managers turned more defensive in March- Reuters poll
by Reutersby ReutersBy Tushar Goenka BENGALURU – Global fund managers maintained a cautious stance in March, increasing recommended bond holdings and cash reserves and suggesting reduced equities exposure, a Reuters poll found. …
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(Reuters) – Russia will ban exports of sunflower seeds from Friday until the end of August and impose an export quota on sunflower oil to avoid shortages and ease pressure …