BEIJING – China processed 11% less crude oil in April than a year earlier, with daily throughput falling to the lowest since March 2020 as refiners slashed operations on weaker …
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By Daniel Leussink TOKYO -Japan’s wholesale prices in April jumped 10% from the same month a year earlier, data showed on Monday, rising at a record rate as the Ukraine …
- Financial News
RBI to raise rates again in June but not clear by how much: Reuters poll
by Reutersby ReutersBy Devayani Sathyan and Prerana Bhat BENGALURU – The Reserve Bank of India will follow its surprise May rate rise with another hike at its meeting next month, according to …
- Financial News
India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play-sources
by Reutersby ReutersBy Abhirup Roy and Aditya Kalra MUMBAI -India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods …
- Financial News
Western sanctions block $16-$18 billion worth of Belarusian exports to EU, U.S. – PM
by Reutersby Reuters(Reuters) – Sanctions that have been imposed on Belarus have blocked $16-$18 billion worth of its annual exports to the West, the Belta news agency cited Belarusian Prime Minister Roman …
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MEXICO CITY – Mexico aims to as much as triple its fertilizer production, the government said on Sunday, to support its plan to boost local agriculture production and control consumer …
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BEIJING -Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers, in another push to prop up its property market and revive …
- Financial News
Deutsche Bank not financing controversial African oil pipeline, source says
by Reutersby ReutersBy Tom Sims FRANKFURT – Deutsche Bank is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families and disrupt nature reserves, a person …
- Financial News
Russia risks speed up automakers’ switch from palladium to platinum, WPIC says
by Reutersby ReutersLONDON – Automakers are accelerating efforts to use less palladium and more platinum due to worries over palladium supply from Russia, the World Platinum Investment Council (WPIC) said on Monday, …
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By Clare Jim HONG KONG -Chinese developer Zhongliang Holdings is scrambling to secure bondholder approval to extend the repayment on notes worth $729 million ahead of a key deadline next …
- Financial News
Exclusive-Gaming gear provider Turtle Beach nears board deal with Donerail -sources
by Reutersby ReutersBy Svea Herbst-Bayliss (Reuters) -Donerail Group is close to reaching a settlement with Turtle Beach Corp that will give the activist investment firm representatives on the U.S. gaming gear company’s …
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(Reuters) – Egypt expects to reach a new programme with the International Monetary Fund “within months”, Prime Minister Mostafa Madbouly said on Sunday in a televised news conference. In March, …
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WASHINGTON, D.C. – The Washington, D.C. Metro Police Department is investigating a homicide that took place on May 13th. This incident happened on the 3700 block of 14th Street in …
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WASHINGTON, D.C. – The Washington, D.C. Metro Police Department is investigating a homicide that took place on May 12th. This incident happened on the 3000 block of Stanton Road in …
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By John Revill ZURICH -Swiss voters on Sunday backed proposals to make global TV streaming services such as Netflix Inc, Amazon and Disney invest some of their revenues generated in …
- Financial News
Ex-Goldman CEO Blankfein says recession possibility is ‘very high risk factor’
by Reutersby ReutersWASHINGTON – Former Goldman Sachs CEO Lloyd Blankfein said on Sunday he believes the economy is at risk of possibly going into a recession, as the U.S. Federal Reserve continues …
- Financial News
Peru economy grows 3.79% in March, weighed down by mining protests
by Reutersby ReutersLIMA – Peru’s economy grew 3.79% in March compared with a year earlier, the country’s statistics agency said on Sunday, with most sectors of the economy showing improvement, while the …
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Fatal Crash Shuts Down Old Baltimore Pike Overnight in Delaware
NEWARK, DE – Police have arrested a man accused of driving while intoxicated who cause a fatal crash overnight on the Old Baltimore Pike. According to the Delaware State Police, …
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Two Shot, One Dead in Camden on Saturday
Camden, N.J. – Two people were shot and one was killed on Saturday in Camden. According to the Camden Police Department, on Saturday, at approximately 10:19 a.m., officers from the …
- Business News
2022 New Jersey ‘Walk with Us to Cure Lupus’ Raises Awareness and Funds for Commonly Misdiagnosed Autoimmune Disease
by Your Newsby Your NewsAs Honorary Chair of the 2022 NJ Walk, Ambassador Robert Wood “Woody” Johnson inspired the crowd, highlighting the LRA’s accomplishments and its vision for the future. Vice President of Community …
- Financial News
Detroit Three automakers reinstate mask mandate at some Michigan facilities
by Reutersby ReutersBy David Shepardson (Reuters) – General Motors Co, Ford Motor Co and Chrysler parent Stellantis NV said on Sunday they are reinstating a requirement that employees wear masks in southeastern …
- Financial News
Analysis-Trudeau foe attacks Bank of Canada in party leadership bid
by Reutersby ReutersBy Steve Scherer and Julie Gordon OTTAWA – The front-runner to head Canada’s Conservatives and likely challenger to Liberal Prime Minister Justin Trudeau is staging a rare series of attacks …
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(Reuters) -Elon Musk on Saturday tweeted https://twitter.com/elonmusk/status/1525615849167589380 that Twitter Inc’s legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform’s …
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By Hadeel Al Sayegh and Saeed Azhar DUBAI -State-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net profit, broadly in line with analyst forecasts, …
- Financial News
Saudi bourse’s quarterly profit falls on lower trading services, listing fees
by Reutersby ReutersDUBAI – Saudi Tadawul Group, the kingdom’s stock exchange operator, posted a 21.7% decline in first quarter net profit on Sunday on a slowdown in trading services and listing fees. …