SHANGHAI – China’s banking and insurance regulator on Friday published draft rules regulating internal control and management at wealth management companies. Such rules included that wealth management companies should not …
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BERLIN -The German economy grew slightly in the first quarter of this year, supported by stronger investment, but the war in Ukraine began having an increasing impact from the end …
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By Jesús Aguado MADRID -Spain’s BBVA beat forecasts on Friday with a 36.4% year-on-year rise in first quarter net profit, driven by a strong performance in emerging markets, while competitor …
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Financial News
Lending to euro zone businesses slowed in early weeks of Ukraine war
by Reutersby ReutersFRANKFURT – Bank lending to euro zone businesses slowed in March, reinforcing expectations that Russia’s war in Ukraine would prompt both banks and corporations to tread cautiously, data from the …
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By Bernadette Christina JAKARTA – When Indonesian cooking oil prices started climbing in November, authorities faced pressure to contain the cost of the household necessity made from palm oil and …
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NEW YORK, NY – A group of black males opened fire after being engaged in an argument with a 14-year-old and 18-year-old victim in Queens on Thursday. Police said at …
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Financial News
Signify earnings beat estimates on demand for energy saving lights
by Reutersby ReutersAMSTERDAM -Signify, the world’s biggest maker of lights, reported a 9% jump in first-quarter core earnings on Friday, topping analysts’ expectations, as growing demand for energy saving lights outweighed persistent …
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Breaking NewsNew York NewsPolice Blotter
Woman Pistol Whipped and Robbed on New York City Subway Train
by Adam Devineby Adam DevineNEW YORK, NY – A 44-year-old woman was pistol-whipped and robbed on a New York City subway train on April 19th at around 8:25 pm. On Thursday, the New York …
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Financial News
Analysis-Globalised yuan complicates Beijing’s bid to stem capital flight
by Reutersby ReutersBy Samuel Shen and Alun John SHANGHAI/HONG KONG – This month’s dive in China’s currency has revived memories of past routs but market participants say increased foreign holdings of yuan …
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LONDON -Reckitt Benckiser Group beat first-quarter sales expectations on Friday, having increased prices to offset soaring raw material costs and flat volumes. Consumer goods manufacturers from Procter & Gamble to …
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Financial News
French economy stalls in first quarter, inflation hits new record
by Reutersby ReutersBy Leigh Thomas PARIS -France’s economic growth unexpectedly flatlined in the first quarter as consumer spending dropped in the face of record high inflation, official data showed on Friday, putting …
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By Iain Withers and Lawrence White LONDON – British lender NatWest posted a 41% jump in first-quarter profit on Friday, as rising rates boosted income even as they threaten to …
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Financial News
Shortage of materials in German manufacturing eases slightly – Ifo
by Reutersby ReutersBERLIN – A shortage of materials in the German manufacturing industry has eased slightly, the Ifo economic institute said on Friday after it surveyed 2,000 companies in the sector. In …
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Financial News
Tesla recalls another batch of Model 3 cars in China, the second in April
by Reutersby ReutersSHANGHAI -Tesla Inc is recalling 14,684 imported and locally made Model 3 cars in China on problems with software that could lead to collisions, the country’s market regulator said, the …
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By Ross Kerber BOSTON -A shareholder proposal calling on Moderna Inc to study transferring production of COVID-19 vaccines to less-developed countries won 24% support from investors on Thursday after it …
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Financial News
Spain’s GDP growth slows to 0.3% in Q1 as Madrid readies cut to 2022 outlook
by Reutersby ReutersMADRID – Spain’s economy expanded 0.3% in the first quarter from the second, preliminary data showed on Friday, slowing down from 2.2% in the previous three months as Russia’s invasion …
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By Anshuman Daga SINGAPORE -Singapore lenders DBS Group and OCBC gave cautious outlooks on Friday after reporting 10% declines in quarterly profits amid weaker economic growth, though their performances still …
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Financial News
Shanghai factories scramble to reopen as COVID lockdown lingers
by Reutersby ReutersSHANGHAI – Companies reopening factories in locked-down Shanghai are booking hotel rooms to house workers and turning vacant workshops into on-site isolation facilities as authorities urge them to resume work …
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A look at the day ahead in markets from Julien Ponthus. It’s the final day of trading of April and it does look like despite the fireworks on Wall Street …
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Financial News
Saudi Arabia may cut June crude prices to Asia from record highs
by Reutersby ReutersBy Florence Tan and Muyu Xu SINGAPORE – Top oil exporter Saudi Arabia may cut prices for crude grades sold to Asia in June after benchmarks slumped from records in …
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PHILADELPHIA, PA – The Philadelphia Police Department needs the public’s assistance in locating 62-year-old missing person Deborah Jenkins. Deborah was last seen on Saturday, April 2nd, 2022, at 12:00 P.M., …
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Breaking NewsNew York NewsPolice Blotter
Syracuse Police Continue Offroad Vehicle Crackdown, Six More Seized
by Adam Devineby Adam DevineSYRACUSE, NY – The Syracuse Police Department has seized six more unregistered offroad vehicles as a part of a month-long crackdown against illegal riding activities. Those activities have become a …
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NORTH BETHESDA, MD – Detectives from the Montgomery County Department of Police are investigating to see what led to the fatal collision between a 74-year-old man and a vehicle in …
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Breaking NewsPolice BlotterSouth Jersey News
Police Release Name of Man Shot and Killed Wednesday night in Edgewater Park
EDGEWATER PARK, NJ – No arrests have been made and police are continuing their investigation into the murder of a 23-year-old Willingboro man in Edgewater Park Wednesday night. “Burlington County …
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Breaking NewsConnecticut NewsPolice Blotter
Connecticut State Police Show Caring, Kindness and Support for Badly Burned, Hospitalized Boy
by Adam Devineby Adam DevineBRIDGEPORT, CT – Officers from the Connecticut State Police showed up at Bridgeport Hospital to raise the spirits of a boy who suffered serious burns to his face and body …