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FRANKFURT – The European Central Bank can start raising interest rates, perhaps as soon as July, moving them gradually back into positive territory, Italian central bank chief Ignazio Visco told …

By Silke Koltrowitz and Silvia Aloisi ZURICH – Luxury goods group Richemont struck a cautious note over growth in China after its full-year profit disappointed, sending its shares sharply lower …

By David Milliken LONDON – The Bank of England will need to raise interest rates further to combat the risk of self-perpetuating price rises, the central bank’s chief economist, Huw …

By Harish Sridharan and Indranil Sarkar (Reuters) – Crown Resorts Ltd’s shareholders approved a $6.3 billion buyout by Blackstone Inc on Friday, but the deal faces further delays as it …

By Brenna Hughes Neghaiwi ZURICH – Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became …

By Satoshi Sugiyama KURASHIKI, Japan – Japan’s Mitsubishi Motors Corp and Nissan Motor Co unveiled their first jointly developed light electric vehicles (EVs), aiming to draw more Japanese drivers to …

AMSTERDAM – Prosus, the Dutch-based technology investor, said on Friday it would seek a buyer for its Russian online marketplace Avito. Avito had been one of Prosus’s most valuable investments …

(Reuters) – Russia’s largest lender Sberbank on Friday said it had appointed Taras Skvortsov as acting finance director, following a spate of high-profile exits that included former CFO Alexandra Buriko. …

NEW DELHI – New Development Bank (NDB), established by the BRICS group of emerging economies, said on Friday it would set up a regional office in India for funding and …

By Chen Aizhu and Florence Tan SINGAPORE – China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke …

By Krishna N. Das and Aftab Ahmed NEW DELHI – Surging inflation is forcing many poor Indians to rein in spending, threatening a slowdown for companies such as Godrej Appliances …

By Fransiska Nangoy and Bernadette Christina JAKARTA – Indonesia will reimpose a domestic sales requirement on palm oil, the government said on Friday, a day after the world’s biggest producer …

By Tom Sims FRANKFURT – JPMorgan Chase & Co plans to make further inroads in Germany by targeting more of the medium-sized firms that form the backbone of Europe’s largest …

A look at the day ahead in markets from Saikat Chatterjee. Markets are starting to buckle in a week where the world’s top central bank issued its most dire warning …

By Chen Aizhu (Reuters) – China’s crude oil imports from top supplier Saudi Arabia soared 38% in April from a year earlier, hitting the highest monthly volume since May 2020, …

BEIJING -China’s commercial hub of Shanghai reported on Friday a broad decline in its economy last month when a city-wide COVID lockdown shut factories and kept residents at home, sparking …

TOMS RIVER, NJ – The Toms River Police department on Monday said an off-duty Seaside Heights officer subdued a knife-wielding man on Route 37 near Brookside Drive. According to police, …

BUFFALO, NY (PRESS RELEASE) – Erie County District Attorney John J. Flynn announces that a jury has found 42-year-old Netza Medina of Buffalo guilty of one count of Burglary in …

NEW YORK, NY (PRESS RELEASE) – Queens District Attorney Melinda Katz announced today that Jahsheen Osbourne, 21, has been sentenced to 17 years in prison for the unprovoked shooting of …

PITTSBURGH, PA – A male suspect who stabbed a woman inside a Frankstown Avenue apartment Thursday morning has been captured by police. Pittsburgh VCU detectives arrested Urvin Wright, 42, of …

SHANGHAI -China cut its benchmark reference rate for mortgages by an unexpectedly wide margin on Friday, its second reduction this year as Beijing seeks to revive the ailing housing sector …

PHILADELPHIA, PA -On Saturday, April 30, 2022, at approximately 2:09 AM, an unknown male offender gained entry to Bangin Breakfast located at 230 Market Street by prying open a window. …

BALTIMORE, MD – The Baltimore County Police are investigating a fatal accident that took place on Thursday at 6:15 p.m. Police reported a 2009 Daimler Smart car was traveling northbound …

LINDEN, NJ – Police in Linden have announced an arrest in connection with a Wednesday morning armed bank robbery at the Northfield Bank branch at 501 North Wood Avenue. 41-year-old …