By Neil Jerome Morales and Enrico Dela Cruz MANILA -The Philippine central bank left key interest rates unchanged for a 10th consecutive policy meeting on Thursday, reaffirming continued support for …
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BERLIN – Continental is considering splitting into four separate businesses to boost its market capitalisation but must convince majority shareholder Schaeffler of the plan, Manager Magazin reported, sending Continental shares …
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Financial News
LIC’s looming IPO weighs on India insurer shares, investors say
by Reutersby ReutersBy Nupur Anand and Abhirup Roy MUMBAI – Next month’s mammoth stock market debut for India’s Life Insurance Corporation (LIC) has battered shares in other insurers as investors trim their …
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Financial News
Retailer Carrefour’s shares rise after confident outlook and record 2021 cash generation
by Reutersby ReutersPARIS – Carrefour shares opened 2.8% higher on Thursday as investors cheered record cash generation in 2021 and a confident outlook for 2022, reflected in a new share buyback plan …
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ZURICH – Swiss companies are not stockpiling cash in their strongrooms and offices to avoid being hit by negative interest rates, a Swiss National Bank (SNB) survey released on Thursday …
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A look at the day ahead from Danilo Masoni. Beneath the surface of the wild swings that have gripped markets this year, there is a strong trans-Atlantic current of rising …
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Financial News
USTR says new trade tools needed to fight China state-led trade
by Reutersby ReutersBy David Lawder WASHINGTON -The United States needs to pursue new strategies and update its domestic trade tools to deal with China’s “state-led, non-market policies and practices”, the U.S. Trade …
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HONG KONG – The Hong Kong Retail Management Association said on Thursday retail traffic in the global financial hub has dropped 40% from December as a surge in coronavirus cases …
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Financial News
U.S. sanctions on Russian banks are the West’s most potent economic threat
by Reutersby ReutersBy Catherine Belton LONDON -For NATO members, the most powerful measure against Russia were it to invade Ukraine would be U.S. sanctions cutting off Russian state banks from the dollar …
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Featured NewsFinancial News
In China’s Zhejiang, college grads showered with loans to start businesses
by Reutersby ReutersBEIJING – Enterprising Chinese college graduates will be able to borrow up to half a million yuan ($78,900) in the wealthy province of Zhejiang to start a business, and if …
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By Mathieu Rosemain PARIS -Orange, France’s biggest telecoms operator, expects a return to core profit growth in 2022 after lower returns from co-financing deals and high competition in the Spanish …
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BERLIN – New car registrations in the European Union reached a historic low of 682,596 units in January as semiconductor shortages continued to hurt car sales across the region, data …
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ZURICH – Food group Nestle said on Thursday it was proposing Luca Maestri, chief financial officer at Apple, and Chris Leong, chief marketing officer at Schneider Electric, for election to …
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Department of Justice Press Releases
Caldwell Man Sentenced to 8 Years for Possession of Methamphetamine with Intent to Distribute
by DOJ Pressby DOJ PressBOISE – A Caldwell man was sentenced to 96 months in federal prison for possession of methamphetamine with intent to distribute. According to court records, Travis Rouse, 53, of Caldwell, …
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Department of Justice Press Releases
Peach Springs Man Sentenced to Prison for Assaulting a Federal Officer
by DOJ Pressby DOJ PressPHOENIX, Ariz. – On Monday, Marcus BlueCloud Querta, 39, of Peach Springs, Arizona, was sentenced by U.S. District Judge G. Murray Snow to 48 months in prison. Querta previously pleaded …
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Department of Justice Press Releases
Doctor Pleads Guilty to Accepting Illegal Kickback Payment in Return for Writing Prescriptions for Compounded Drugs
by DOJ Pressby DOJ PressA doctor licensed in the states of Oklahoma and Texas pleaded guilty Wednesday for writing and referring compounded drug prescriptions in return for illegal kickback payments, announced U.S. Attorney Clint …
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Department of Justice Press Releases
Four Men Indicted on Federal Firearm Offenses for Allegedly Trafficking Guns From St. Louis to Chicago
by DOJ Pressby DOJ PressCHICAGO — A federal grand jury has indicted four men on firearm offenses for allegedly trafficking guns from St. Louis to Chicago. A superseding indictment returned Monday in U.S. District …
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Department of Justice Press Releases
Jury convicts Washington woman of cyberstalking for harassing, threatening Montana man, public officials
by DOJ Pressby DOJ PressMISSOULA — A jury today convicted a Washington woman of cyberstalking a Montana man she met online and public officials by hacking the man’s email and sending harassing and threatening …
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Department of Justice Press Releases
Hilton Man Arrested, Charged With Stalking
by DOJ Pressby DOJ PressCONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 ROCHESTER, N.Y.-U.S. Attorney Trini E. Ross announced today that David Guest, 24 of Hilton, NY, was arrested and charged by criminal complaint …
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Department of Justice Press Releases
U.S. Attorney’s Office, Eastern District of Louisiana Joins Its Federal, State and Local Law Enforcement Partners in Addressing Violent Crime
by DOJ Pressby DOJ PressNEW ORLEANS – Today, in a demonstration of unity, U.S. Attorney Duane A. Evans joined federal, state, and local law enforcement agencies to announce their joint efforts to address the …
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Department of Justice Press Releases
Two Indicted For Conspiracy To Defraud The North Carolina Medicaid Program And Money Laundering
by DOJ Pressby DOJ PressCHARLOTTE, N.C. – A federal grand jury in Charlotte has indicted two individuals on federal charges in connection with a scheme to obtain more than $15 million from the North …
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Department of Justice Press Releases
Minnesota man sentenced to six years in prison for trafficking oxycodone on Fort Peck Indian Reservation
by DOJ Pressby DOJ PressGREAT FALLS — A Minnesota man who admitted to making hundreds of thousands of dollars selling oxycodone pills while renting a house on the Fort Peck Indian Reservation was sentenced …
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Department of Justice Press Releases
Local man sentenced for $317 million N95 mask scam
by DOJ Pressby DOJ PressHOUSTON – A 56-year-old Houston resident has been ordered to federal prison for scheming to fraudulently sell 50 million non-existent N95 facemasks to the Australian government, announced U.S. Attorney Jennifer …
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Department of Justice Press Releases
Minnesota Man Sentenced to 10 Years for Leadership Role in Drug Conspiracy
by DOJ Pressby DOJ PressMADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that David Stone III, 29, St. Paul, Minnesota was sentenced today by U.S. District …
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Department of Justice Press Releases
Grand jury indicts St. Louis woman linked to fentanyl overdose investigation
by DOJ Pressby DOJ PressST. LOUIS – On February 16, 2022, a federal grand jury indicted Chuny Ann Reed, age 46, for distribution of crack cocaine (cocaine base) and fentanyl, and distribution of cocaine …