Vanessa Roberts Avery, United States Attorney for the District of Connecticut, today announced that on May 20, 2022, JAHLIIL PARROTT, also known as “Stretch,” 24, of Windsor, was sentenced by …
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Former Federal Agent Found Guilty of Enticing a Minor and Engaging in Sex Tourism in the Philippines
by DOJ Pressby DOJ PressEast St. Louis, Ill. – A Cahokia, Illinois, man was found guilty as charged last week for Enticement of a Minor, Travel with Intent to Engage in Illicit Sexual …
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By Paulo Lopes and Philip Blenkinsop SAO PAULO/BRUSSELS -With COVID-19 lockdowns normalising home delivery of everything from fast food to aspirin, brewers are tapping into a lucrative new sales format …
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(Reuters) -The Russian rouble firmed more than 6% against the euro on Monday to a near seven-year high, boosted by capital controls, strong oil prices and an upcoming month-end tax …
- Financial News
Majority shareholders vote in favor of delisting Didi from New York
by Reutersby Reuters(Reuters) – Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company’s shareholders voted in favor of the plan, putting to …
- Financial News
Exclusive-Toshiba to propose Elliott, Farallon executives join its board, sources says
by Reutersby ReutersBy Makiko Yamazaki TOKYO -Toshiba Corp plans to propose giving two of its major hedge fund shareholders seats on its board, people familiar with the matter said, a move that …
- Financial News
DHL exec says China lockdowns will hit supply chains more than Ukraine war
by Reutersby ReutersBERLIN – Lockdowns in China are having greater impact on global supply chains than the war in Ukraine and will be felt even after they are lifted, said the head …
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By Elizabeth Culliford (Reuters) – Facebook owner Meta Platforms Inc will share more data on targeting choices made by advertisers running political and social-issue ads in its public ad database, …
- Financial News
Paytm payments bank expects central bank curbs to be lifted in three-five months
by Reutersby ReutersBy Nupur Anand MUMBAI – India’s Paytm Payments Bank, which facilitates transactions on mobile commerce platform Paytm, expects the central bank to allow it to resume taking on new customers …
- Financial News
India’s top crypto app CoinSwitch calls for regulatory ‘peace, certainty’
by Reutersby ReutersBy Aditya Kalra DAVOS, Switzerland – India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. …
- Financial News
Legendary lithium riches from Bolivia’s salt flats may still just be a mirage
by Reutersby ReutersBy Marcelo Rochabrun SALAR DE UYUNI, Bolivia – On Bolivia’s Salar de Uyuni, a vast white salt flat that feels almost otherworldly, Karina Quispe is watching from the sidelines a …
- Financial News
Citing shootings, NY fund urges votes against Twitter and Meta directors
by Reutersby ReutersBy Ross Kerber (Reuters) – New York State Comptroller Thomas DiNapoli is calling for votes against directors at Twitter Inc and at Facebook parent Meta Platforms Inc at their upcoming …
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By Elizabeth Dilts Marshall NEW YORK – Bank of America Corp said it was raising its U.S. minimum hourly wage to $22 on Monday, a step closer to its promise …
- Financial News
Indonesia policy uncertainty hampers resumption of palm oil exports
by Reutersby ReutersBy Bernadette Christina and Fransiska Nangoy JAKARTA – Indonesia allowed the resumption of palm oil exports from Monday after a three-week ban, but industry players said shipments were unlikely to …
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By Sabine Siebold DAVOS, Switzerland -Russia would normally have its own “house” at the World Economic Forum as a showcase for business leaders and investors. This year the space on …
- Financial News
IMF sees tepid German recovery but risks skewed to the downside
by Reutersby ReutersBERLIN -The German economy is on track for a tepid economic recovery but risks are tilted to the downside and Berlin should focus on cushioning the impact of the war …
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ZURICH – Clients are tending to keep to the sidelines amid market volatility, UBS Chief Executive Ralph Hamers told broadcaster CNBC in an interview on Monday. “You see that clients …
- Financial News
Hedge funds position for U.S. growth slump, rates peak: McGeever
by Reutersby ReutersBy Jamie McGeever ORLANDO, Fla. -The slump on Wall Street and rebound in the U.S. bond market point to a growing belief that recession is on the horizon, curtailing the …
- Financial News
Tesla plans to ramp up to pre-lockdown output in Shanghai by Tues-memo
by Reutersby ReutersSHANGHAI – Tesla Inc plans to restore production at its Shanghai plant to the level at which it had operated before the city’s COVID-19 lockdown by Tuesday, a day later …
- Financial News
Credit Suisse chair backs CEO Gottstein, says no talks on replacement
by Reutersby ReutersZURICH – Credit Suisse Chairman Axel Lehmann reiterated on Monday his support for Chief Executive Thomas Gottstein amid investor unrest over whether he is the right man for the job …
- Financial News
India’s Mahindra to explore more partnerships for EV parts -CEO
by Reutersby ReutersBy Aditya Kalra DAVOS, Switzerland – India’s Mahindra and Mahindra will explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio, its chief executive told Reuters. …
- Financial News
Average age of U.S. cars hits record high due to tight supplies – report
by Reutersby Reuters(Reuters) – U.S. consumers are using their existing vehicles for longer as the inventory of new cars and light trucks remains constrained due to supply chain challenges, marking an all-time …
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DAVOS, Switzerland – The energy security crisis since Russia’s invasion of Ukraine must not lead to a deeper dependence on fossil fuels, International Energy (IEA) chief Fatih Birol said on …
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By Gopal Sharma KATHMANDU – Nepal’s state-owned oil company has hiked the retail prices for fuels, including petrol and cooking gas, by up to 12.5% because of rising global oil …
- Financial News
French government to draft bill on purchasing power before June parliament elections
by Reutersby ReutersPARIS – The new French government will draft a bill on how to protect consumers’ purchasing power before the start of parliamentary elections in June, government spokeswoman Olivia Gregoire said …