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  • Department of Justice Press Releases

    Windsor Man Sentenced to 30 Months in Federal Prison for Role in Northeast “Grab and Go” Theft Scheme

    by DOJ Press May 23, 2022
    by DOJ Press May 23, 2022

    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 …

  • Department of Justice Press Releases

    Former Federal Agent Found Guilty of Enticing a Minor and Engaging in Sex Tourism in the Philippines

    by DOJ Press May 23, 2022
    by DOJ Press May 23, 2022

    East  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 …

  • Financial News

    Cold beer to your door: brewers in Latin America go direct

    by Reuters May 23, 2022
    by Reuters May 23, 2022

    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 …

  • Financial News

    Russian rouble leaps to near 7-year high vs euro

    by Reuters May 23, 2022
    by Reuters May 23, 2022

    (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 Reuters May 23, 2022
    by Reuters May 23, 2022

    (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 Reuters May 23, 2022
    by Reuters May 23, 2022

    By 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 Reuters May 23, 2022
    by Reuters May 23, 2022

    BERLIN – 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 …

  • Financial News

    Facebook-owner Meta to share more political ad targeting data

    by Reuters May 23, 2022
    by Reuters May 23, 2022

    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 Reuters May 23, 2022
    by Reuters May 23, 2022

    By 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 Reuters May 23, 2022
    by Reuters May 23, 2022

    By 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 Reuters May 23, 2022
    by Reuters May 23, 2022

    By 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 Reuters May 23, 2022
    by Reuters May 23, 2022

    By 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 …

  • Financial News

    Bank of America raises hourly minimum wage to $22

    by Reuters May 23, 2022
    by Reuters May 23, 2022

    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 Reuters May 23, 2022
    by Reuters May 23, 2022

    By 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 …

  • Financial News

    Ukraine top of the agenda in Davos as business leaders gather

    by Reuters May 23, 2022
    by Reuters May 23, 2022

    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 Reuters May 23, 2022
    by Reuters May 23, 2022

    BERLIN -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 …

  • Financial News

    UBS CEO says clients on sidelines amid market volatility

    by Reuters May 23, 2022
    by Reuters May 23, 2022

    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 Reuters May 23, 2022
    by Reuters May 23, 2022

    By 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 Reuters May 23, 2022
    by Reuters May 23, 2022

    SHANGHAI – 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 Reuters May 23, 2022
    by Reuters May 23, 2022

    ZURICH – 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 Reuters May 23, 2022
    by Reuters May 23, 2022

    By 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 Reuters May 23, 2022
    by Reuters May 23, 2022

    (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 …

  • Financial News

    IEA warns against energy crisis deepening fossil fuel reliance

    by Reuters May 23, 2022
    by Reuters May 23, 2022

    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 …

  • Financial News

    Nepal raises retail fuel price, stoking inflation fears

    by Reuters May 23, 2022
    by Reuters May 23, 2022

    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 Reuters May 23, 2022
    by Reuters May 23, 2022

    PARIS – 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 …

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