WASHINGTON – The United States will ban imports of Russian alcohol and seafood, a source familiar with the situation told Reuters on Friday, in another action to impose costs on …
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By Anait Miridzhanian and Mimosa Spencer – The world’s biggest eyewear company EssilorLuxottica reported strong sales growth in the fourth quarter, rising further above pre-pandemic levels and boosted by its …
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By Balazs Koranyi and Jan Strupczewski FRANKFURT/VERSAILLES – The European Central Bank is working on a financial facility to let millions of Ukrainian refugees convert their savings into hard currency, …
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By Alex Lawler LONDON – Saudi Arabia and the United Arab Emirates are among the few oil producers globally with spare capacity they could draw on quickly to increase output, …
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By Maurice Tamman, David Gauthier-Villars, Sarah McFarlane and Sarah El Safty – The Russian invasion of Ukraine threatens millions of tiny spring-time sprouts that should emerge from stalks of dormant …
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(Corrects spelling of dividend in last paragraph) – AIA Group Ltd on Friday launched a $10 billion share buyback plan and declared a higher final dividend on strong growth in …
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-Rivian Automotive Inc shares fell over 5% on Friday, opening at their lowest after the electric vehicle maker halved its production forecast, pointing to its struggles with soaring raw material …
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By Stefano Bernabei and Gianluca Semeraro ROME – Generali’s second-biggest investor, construction tycoon Francesco Gaetano Caltagirone, plans to put forward his own candidate to lead Italy’s biggest insurer, challenging the …
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By Yoruk Bahceli – Global financial conditions have reached their tightest since May 2009, according to a widely watched Goldman Sachs index, a possible sign of a world economic slowdown. …
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ZURICH – The Swiss government wants to set up a new backstop allowing the provision of state-guaranteed cash should one of the country’s big banks fail, it said on Friday, …
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By Guy Faulconbridge LONDON -Confiscating the assets of companies that have fled Russia since the invasion of Ukraine would shatter investor confidence for decades and take Russia back to the …
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TRENTON, NJ – Someone from Gloucester County is now $1 Million richer. The Wednesday, March 9th Powerball drawing produced the $1 million second-tier prize. The lottery ticket was purchased at …
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– U.S. bond funds posted large outflows in the week to March 9 on investor fears that surging oil prices would push up already-high U.S. inflation. U.S. investors pulled a …
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Federal Jury Convicts Leader Of A Prison Gang On Three Counts Of Drug And Money Laundering Offenses
by DOJ PressGREENEVILLE, Tenn. – Following a six-day trial in United States District Court at Greeneville, a jury convicted Charles Elsea, Jr., 44, a longtime inmate of the Tennessee Department of Corrections, …
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FRANKFURT – Luxury carmaker Mercedes-Benz AG on Friday firmed up plans to build a battery recycling pilot plant in Germany, part of a trend in which carmakers are trying to …
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NEW YORK – The U.S. Securities and Exchange Commission rejected proposals to list and trade shares of spot bitcoin exchange-traded funds (ETFs) NYDIG Bitcoin ETF https://www.sec.gov/rules/sro/nysearca/2022/34-94395.pdf and Global X Bitcoin …
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-Russia’s government on Friday proposed a raft of measures, including some for suppliers of state-owned companies and its IT sector, as it seeks to weather the impact of Western sanctions …
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By Howard Schneider, Balazs Koranyi and Leika Kihara -The Russian attack on Ukraine may slow global growth and raise new economic risks, but top central banks are keeping their focus …
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By Uditha Jayasinghe COLOMBO – Sri Lanka’s sudden devaluation of the local currency and imposition of import limits on hundreds of items is likely to disrupt value chains and push …
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– The Russian franchisee of global pizza chain Domino’s has suspended royalty payments from its restaurants in Russia and will limit further investment in the country following Moscow’s invasion of …
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By David Milliken LONDON – The Bank of England looks set to lift interest rates to 0.75% on Thursday, its third rate rise in a row as it seeks to …
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By David Shepardson WASHINGTON – U.S. regulators on Thursday issued final rules eliminating the need for automated vehicle manufacturers to equip fully autonomous vehicles with manual driving controls to meet …
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By Siddarth S and Nivedita Balu – Apple Inc’s low-cost 5G model should enhance the iPhone maker’s appeal in Asia where it is in a stiff battle with multiple rivals …
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ZURICH – Nestle has stopped exporting and importing non-essential food items such as Nespresso coffee or S.Pellegrino water from and to Russia, a spokesperson told Reuters on Friday. The Swiss …
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MUMBAI – India’s growth story remains as weak as it was during the 2013 ‘taper tantrum’ and geopolitical tensions in Ukraine and Russia are further likely to hurt a recovery, …