BRUSSELS – Euro zone inflation in March was marginally lower than earlier reported, the EU’s statistics office said on Thursday, but still at record highs because of a surge in …
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- Financial News
Russian central bank chief says looking at adjusting forex controls
by Reutersby Reuters(Reuters) – Russia is looking at adjustments to its forex controls to avoid situations where the rouble exchange deviates on a shadow market from official levels, Central Bank Governor Elvira …
- Financial News
A prolonged China slowdown raises risks for global economy, IMF chief says
by Reutersby ReutersBOAO, China -A prolonged slowdown in China would have substantial global spillovers, IMF Managing Director Kristalina Georgieva said on Thursday, but added that Beijing has room to adjust policy to …
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By Jonathan Stempel (Reuters) -Elon Musk will not be subjected to a “gag order” preventing him from discussing a lawsuit claiming he defrauded Tesla Inc shareholders by tweeting in 2018 …
- Financial News
Japan April report raises view on consumption, economy, despite inflationary pressures
by Reutersby ReutersTOKYO – Japan’s government upgraded its view of the economy for the first time in four months in April as authorities turned more optimistic about the outlook for private consumption …
- Financial News
China oil giant CNOOC soars in Shanghai debut, defies weak market
by Reutersby ReutersSHANGHAI -CNOOC Ltd shares surged as much as 44% in their Shanghai debut on Thursday, defying broad market weakness, as investors sought safety in the Chinese oil giant amid high …
- Financial News
Global tourism to recover from pandemic by 2023, post 10-year growth spurt
by Reutersby ReutersBy Neil Jerome Morales MANILA – The global travel and tourism sectors are projected to return to pre-pandemic levels in 2023 and grow at a rate that will outpace global …
- Financial News
Discounter Pepco vows to ‘protect prices’ as first-half sales rise
by Reutersby ReutersBy James Davey LONDON -Pepco Group, owner of European discount retailer brands PEPCO, Poundland and Dealz, pledged to “protect prices” for cash-strapped shoppers, as it reported a 17.5% increase in …
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By Selena Li HONG KONG – Several Russian banks plan to issue payment cards that use the network of China UnionPay as well as that of home-grown payment system Mir, …
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A look at the day ahead in markets from Sujata Rao. The ink is barely dry on global growth forecast downgrades from the World Bank and International Monetary Fund, but …
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LONDON – Deloitte and audit partner John Charlton have been fined and severely reprimmanded over a 2016 audit of Mitie, a British outsourcing company, the Financial Reporting Council (FRC) auditing …
- California NewsPolice Blotter
San Francisco Police Investigate Buchanan Street Homicide 22-054
by Your Newsby Your NewsOn Tuesday, April 19, 2022, at approximately 10:08 p.m., San Francisco Police officers from Northern Police Station responded to the 1200 block of Buchanan Street for a report of a shooting. …
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BERLIN – German exports to Russia slumped by 57.5% to 1.1 billion euros ($1.2 billion) in March because of sanctions imposed after the invasion of Ukraine, Germany’s Federal Statistical Office …
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By Leika Kihara TOKYO -Japan explained to its G7 counterparts the yen’s recent “somewhat rapid” declines, finance minister Shunichi Suzuki said on Thursday, underscoring Tokyo’s growing alarm over the currency’s …
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(Reuters) – A precipitous drop in the yen has investors wary that Japan intervenes in the open market to support the currency. [FRX/] It is more than a decade since …
- Financial News
Asia FX bearish bets firm as cenbanks catch-up to Fed tightening- Reuters poll
by Reutersby ReutersBy Indranil Sarkar (Reuters) – Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several regional central banks trail the U.S. Federal Reserve in tightening …
- Financial News
Goldman Sachs flagged Morgan Stanley block trades to Hong Kong regulator – FT
by Reutersby Reuters(Reuters) – Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong’s financial regulator over a series of block trades, or large sales of shares, the Financial Times …
- Financial News
Getlink first-quarter revenue jumps almost 50% as travel picks up
by Reutersby Reuters(Reuters) – The operator of the Channel Tunnel Getlink posted a rise of almost 50% in first-quarter revenue on Thursday, as travel in Europe gradually recovers from the pandemic. “The …
- Financial News
Radisson Hotel Group plans Asia-Pacific expansion as travel restrictions ease
by Reutersby ReutersMANILA – Radisson Hotel Group plans to add 150 hotels in Asia-Pacific this year as it banks on travel, tourism, and economic recovery in the region, its CEO said on …
- Financial News
Weak won fuels Hyundai Motor Q1 profit, offsets chip shortage, costs
by Reutersby ReutersBy Heekyong Yang SEOUL – Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks to a sharply weaker won boosting the value of its exports …
- Financial News
New Zealand 30-year high inflation flags need for more tightening
by Reutersby ReutersBy Lucy Craymer WELLINGTON -New Zealand’s consumer prices rose at the fastest pace in three decades last quarter, underlining the need for the central bank to stay on its hawkish …
- Financial News
IMF says yen falls driven by fundamentals, urges BOJ to keep easy policy
by Reutersby ReutersBy Leika Kihara TOKYO -The yen’s recent declines have been driven by fundamentals and would be no reason for Japan to change its economic policy, including the central bank’s ultra-low …
- Police Blotter
U.S. Marshals Fugitive Task Force Arrests Homicde Suspects From Kansas And Cleveland
by DOJ Pressby DOJ PressCleveland, OH – Members of the Northern Ohio Violent Fugitive Task Force (NOVFTF) arrested David Lamont Young III, 22, and Michael Preston Beidleman, 39. Both males were wanted for homicide …
- Police Blotter
U.S. Marshals Task Force Arrest Suspect on Aggravated Assault, Assault on a Viable Fetus and a Drug Charge
by DOJ Pressby DOJ PressJackson, TN – The U.S. Marshals Service arrested Javion Mayo, 21, of Jackson, for Aggravated Domestic Assault and Assault on a Viable Fetus from Gibson County and a separate Simple …
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Baltimore, MD – The U.S. Marshals Service is launching its first community oriented policing unit in the District of Maryland. Silver Shield is an interagency coalition consisting of deputies, criminal …