By Jan Strupczewski and Leigh Thomas VERSAILLES, France -European Union leaders pledged on Friday to cut their dependence on global suppliers of food, microprocessors, drugs, raw materials and digital technologies, …
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WASHINGTON – U.S. President Joe Biden on Friday said the United States will revoke Russia’s “permanent normal trade relations” status to punish Moscow over its invasion of Ukraine. The change …
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Financial News
Protesters at energy conference find support for their cause – Ukraine
by Reutersby ReutersBy David Gaffen HOUSTON – Oil industry conferences usually feature protesters of some kind, but the small group holding signs all week just a block away from the CERAWeek energy …
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Department of Justice Press Releases
Five Defendants Charged In Multi-Million Dollar Prescription Drug Smuggling & Money Laundering Scheme
by DOJ Pressby DOJ PressGRAND RAPIDS, MICHIGAN – U.S. Attorney Andrew Birge announced that five defendants have been charged with conspiring to smuggle prescription drugs into the United States …
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Department of Justice Press Releases
Moline Man Sentenced to Federal Prison for Firearm Charge
by DOJ Pressby DOJ PressDAVENPORT, Iowa– A Moline, Illinois man, Jose Antonio Tapia, age 43, was sentenced yesterday to 72 months in prison for Felon in Possession of a Firearm. Tapia was ordered to …
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Department of Justice Press Releases
Former Newton Man Sentenced to 70 Years in Federal Prison for Sexually Exploiting Children
by DOJ Pressby DOJ PressDES MOINES, IA – On March 10, 2022, United States District Court Senior Judge James E. Gritzner sentenced Andrew Scott Scanlan, age 33, formerly of Newton, to 840 months in …
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Department of Justice Press Releases
Former Law Enforcement Officer Sentenced for Bribery and Other Offenses
by DOJ Pressby DOJ PressHARRISBURG – Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division, U.S. Attorney John C. Gurganus for the Middle District of Pennsylvania, Assistant Director Luis Quesada …
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Department of Justice Press Releases
Five Men Arrested for Sex Crimes in Online Sting Operation
by DOJ Pressby DOJ PressUnited States Attorney Dennis R. Holmes announced that Homeland Security Investigations (HSI), with the assistance of the Internet Crimes Against Children Task Force (ICAC), South Dakota Division of Criminal Investigation …
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Department of Justice Press Releases
Individual Indicted and Arrested for Laundering More Than $360,000 of Unemployment Benefits and Pandemic Unemployment Assistance Funds
by DOJ Pressby DOJ PressSAN JUAN, P.R. – On March 10, 2022, the Federal Grand Jury in the District of Puerto Rico returned an indictment charging Martín Scamaroni-Cintrón with money laundering violations related to …
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Department of Justice Press Releases
Man Sentenced to 480 Months in Prison
by DOJ Pressby DOJ PressSAN JUAN, PUERTO RICO – U.S. District Judge Francisco Besosa sentenced Ricardo Pérez-Delgado to a term of 480 months (40 years) in prison for his participation in a robbery resulting …
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By Foo Yun Chee and Paul Sandle BRUSSELS/LONDON -European Union and British antitrust authorities launched parallel investigations on Friday into a 2018 online display advertising deal between Google and Facebook, …
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-Discovery Inc shareholders voted Friday to approve the media company’s $43 billion merger with WarnerMedia, moving the deal one step closer to completion. Shareholders approved various measures, such as charter …
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By Ernest Scheyder HOUSTON – U.S. regulators are warming to approving new domestic sources of electric vehicle battery metals, as Washington bids to avoid a reliance on strategic minerals imports …
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Financial News
AT&T eyes nearly $48 billion network investment in post-media company
by Reutersby ReutersBy Sheila Dang -AT&T Inc expects to invest about $48 billion through the end of 2023 to expand its fiber internet and 5G wireless services, the U.S. wireless carrier said …
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Financial News
Gold dips on Putin’s comments on Ukraine talks, U.S. rate hike bets
by Reutersby ReutersBy Seher Dareen – Gold retreated on Friday as Russian President Vladimir Putin’s comments on making some progress in talks with Ukraine eased demand for the safe-haven asset that was …
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Financial News
Column-Markets wary of ‘butterfly effect’ if Russia defaults: McGeever
by Reutersby ReutersBy Jamie McGeever ORLANDO, Fla. – Russian sovereign defaults evoke nervy times on Wall Street. Tremors from the Russian government’s last rouble debt default in August 1998 contributed to what …
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By Julie Gordon and Ismail Shakil – Canada posted a blockbuster job gain in February, easily beating expectations and more than wiping out January’s decline, while the unemployment rate dropped …
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Financial News
Exclusive-Russia’s Surgut works with China to allow oil sales to go on
by Reutersby ReutersBy Florence Tan SINGAPORE -Russian producer Surgutneftegaz has allowed Chinese buyers to receive oil without providing guarantees known as letters of credit (LC) in order to bypass Western sanctions, three …
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Financial News
Mercedes-Benz says Russian nationalisation could threaten $2.2 billion in assets
by Reutersby ReutersBy Nick Carey LONDON – Mercedes-Benz has 2 billion euros ($2.2 billion) in assets that could be threatened by Russian proposals to nationalise the property of foreign firms that leave …
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By Peter Hobson LONDON – Gold prices are likely to rise to record highs as the risk that Russia’s attack on Ukraine will stifle the global economy increases demand for …
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Financial News
Global investors step up selling in bond funds in the week to March 9
by Reutersby Reuters– Global bond funds saw big outflows in the week to March 9 due to a spike in crude oil prices and concerns over soaring inflation levels, amid intensifying conflict …
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By Brenna Hughes Neghaiwi ZURICH – UBS aims to cut its financing of fossil fuel emissions by more than two-thirds by 2030, Switzerland’s biggest bank said on Friday, joining lenders …
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By Marcela Ayres BRASILIA -Brazil’s central bank announced tougher rules for fintechs on Friday, saying that payment institutions will be subject to regulations based on their size and complexity and …
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Financial News
Spain’s Meroil won’t break ties with Lukoil, confident of no sanctions impact
by Reutersby ReutersBy Joan Faus BARCELONA – Spanish oil operator Meroil has no plans to sell its 50% stake in a joint venture with Russia’s Lukoil in a Barcelona oil terminal due …
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Financial News
Telecom Italia to give KKR bid verdict in Sunday board showdown
by Reutersby ReutersBy Elvira Pollina MILAN – Telecom Italia’s board meets on Sunday to give its long-delayed response to a 10.8 billion euro ($12 billion) takeover approach from U.S. fund KKR amid …