WASHINGTON, D.C. – The Washington D.C. Metropolitan Police Department announced they made an arrest in a shooting on Douglass Road in Southeast D.C on that occurred on Monday. According to …
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Swiss SIX says hacks spiked at start of Russia invasion of Ukraine
by Reutersby ReutersZURICH – Swiss stock exchange operator SIX saw an increase in hacker attacks around the start of Russia’s invasion of Ukraine last month, its chief executive Jos Dijsselhof said on …
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Russia must prioritize domestic grain supplies for bread, PM says
by Reutersby ReutersMOSCOW – Russia must prioritize grain supplies to domestic bakeries over export markets, Prime Minister Mikhail Mishustin said as he unveiled fresh measures to support the domestic economy on Wednesday …
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For BP’s CEO, Russian exit eased by reservations about Rosneft stake
by Reutersby ReutersBy Ron Bousso LONDON – Within hours of Moscow launching its invasion of Ukraine, BP’s chief executive summoned his senior team to discuss the limited options for its Russian operations, …
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By Yoruk Bahceli – Global financial conditions are at their tightest since early 2016, driven by soaring energy prices, sliding stocks and market turmoil stemming from Russia’s invasion of Ukraine. …
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By Nigel Hunt LONDON – A global food crisis sparked by Russia’s invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing …
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EU agrees sanctions on 14 oligarchs, blocks transactions with Belarus cbank
by Reutersby ReutersBRUSSELS – The European Union has agreed to impose sanctions on 14 more Russian oligarchs, freeze relations with Belarus’ central bank and curb three top lenders in that country, the …
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– Discovery Inc on Wednesday said it will suspend the broadcast of its channels and services in Russia, joining a growing number of corporations withdrawing from the country in response …
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By Gavin Jones ROME – Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the growth outlook for the euro …
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UK household financial confidence at lowest levels in at least 10 years – YouGov/Cebr
by Reutersby ReutersLONDON – Measures of household finances in Britain were at their lowest levels in records going back 10 years as a cost-of-living squeeze tightened, polling firm YouGov and consultancy Cebr …
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EU imposes sanctions on more Russians, adds Belarus banks to list
by Reutersby ReutersBRUSSELS – The European Union said on Wednesday it was stepping up sanctions over Russia’s invasion of Ukraine, including targeting more Russian individuals and adding banks in Moscow’s ally Belarus. …
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BERLIN – Germany’s draft budget for 2022 envisages just shy of 100 billion euros (dollars) in new borrowing, a person familiar with the budget planning said, meaning it would not …
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By Emma Thomasson BERLIN -Adidas warned of a hit to sales from closing operations in Russia and COVID disruptions in Vietnam but a brighter China outlook helped send the German …
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By Bharat Gautam – Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious …
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Demand destruction to cool world vegoil prices in 2nd half – analysts
by Reutersby ReutersBy Mei Mei Chu KUALA LUMPUR – Tight edible oil stockpiles and blocked shipments from the Black Sea area are expected to keep prices near record highs for the coming …
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In court, a former Goldman star recounts his lies and bribes in 1MDB deceit
by Reutersby ReutersBy Luc Cohen NEW YORK – In a U.S. court, former Goldman Sachs partner Tim Leissner has admitted to taking $60 million in kickbacks, lying to the bank about his …
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Contracts shield Asia’s EV battery makers from nickel surge, for now
by Reutersby ReutersBy Heekyong Yang and Norihiko Shirouzu SEOUL/BEIJING – Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices amid Russia’s invasion of Ukraine, …
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EU working on new sanctions on about 100 Russians, Borrell says
by Reutersby ReutersSTRASBOURG – European Union governments are preparing a new round of travel bans and asset freezes on some 100 Russians over Moscow’s invasion of Ukraine and a decision could come …
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Recent surge in energy costs to cut Italy 2022 GDP by 0.7 points – ISTAT
by Reutersby ReutersROME – The recent surge in energy prices will reduce Italy’s economic growth this year by around 0.7 percentage points, national statistics institute ISTAT estimated on Wednesday. In its monthly …
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Europe-wide gas price cap needed to limit soaring costs – Engie CEO
by Reutersby ReutersBRUSSELS – A Europe-wide cap on gas prices is needed to respond to soaring prices and contain price volatility in the gas and electricity markets, Engie chief executive Catherine MacGregor …
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By Leika Kihara and Byron Kaye – An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia’s policymakers to rethink their assumptions for 2022, with the risks …
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Putin signs law on using rainy-day fund to buy OFZ bonds, stocks – RIA
by Reutersby Reuters– Russia’s President Vladimir Putin has signed a law on using the country’s rainy-day National Wealth Fund to buy OFZ government bonds and stocks, the RIA news agency reported on …
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Washington pins easing of Venezuela sanctions on direct oil supply to U.S. -sources
by Reutersby ReutersBy Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON -U.S. officials have demanded Venezuela supply at least a portion of oil exports to the United States as part of any agreement to …
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PARIS -The International Energy Agency (IEA) could release more oil from stocks to ease surging fuel prices and will draw up an action plan to swiftly reduce oil usage, the …
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Financial News
U.S. LNG exporters emerge as big winners of Europe natgas crisis
by Reutersby ReutersBy Marwa Rashad LONDON – U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe’s supply crisis as they export record volumes to the European Union for …