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  • Department of Justice Press Releases

    Texas couple who stole over $4 million from Georgia company sentenced to more than six years in prison

    by DOJ Press April 19, 2022
    by DOJ Press April 19, 2022

    ATLANTA – April and James Thompson have each been sentenced for mail fraud after stealing over $4 million from Forest Investment Associates (“FIA”), an Atlanta-based company that provides timberland investment …

  • Department of Justice Press Releases

    Capitol Heights, Maryland Narcotics Dealer Sentenced to Over Six Years in Federal Prison for Drug Distribution and Firearms Charges

    by DOJ Press April 19, 2022
    by DOJ Press April 19, 2022

     Greenbelt, Maryland – U.S. District Judge George J. Hazel sentenced Larry Francis Newman, Jr., age 37, of Capitol Heights, Maryland, to 76 months in federal prison, followed by five years …

  • Financial News

    Russia to spend over $32.3 billion to support economy under sanctions

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    (Reuters) – Russia plans to spend over 2.5 trillion roubles ($32.3 billion) on supporting its economy that has been targeted by unprecedented western sanctions, Finance Minister Anton Siluanov said on …

  • Financial News

    IMF official says split into competing systems would be ‘disaster’ for global economy

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    WASHINGTON – The world is on a path to a more multipolar world given the rise of emerging markets in the global economy, but it would be disastrous if the …

  • Financial News

    KKR plans A$20 billion bid for Australia’s Ramsay Health Care, sources say

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    By Scott Murdoch and Anshuman Daga HONG KONG -Private equity giant KKR is working on a A$20 billion ($14.7 billion) bid for Australian-listed global hospital and clinic group Ramsay Health …

  • Financial News

    Russian central bank temporarily suspends publication of external debt data

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    (Reuters) – Russia’s central bank said on Tuesday that it had temporarily suspended the publication of external debt data. “Bank of Russia temporarily suspends publication of quarterly data on the …

  • Financial News

    New York Times names Joseph Kahn executive editor, to succeed Dean Baquet

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    By Helen Coster (Reuters) -The New York Times Co named Joseph Kahn executive editor on Tuesday, as it pursues a digital- and subscription-focused strategy bolstered by acquisitions in recent years. …

  • Financial News

    Mercadolibre, Brazilian airline Gol announce logistics partnership

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    SAO PAULO – Mercadolibre Inc and Brazilian airline Gol Linhas Aereas Inteligentes SA on Tuesday announced a 10-year logistics partnership for cargo transportation in the South American country. Under the …

  • Financial News

    Mexico’s Coca-Cola FEMSA seals Campari distribution deal in Brazil

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    MEXICO CITY – Coca-Cola FEMSA has reached an agreement to distribute Campari Group products in Brazil, the Mexican bottling company said on Tuesday. Italy’s Campari, known for its alcoholic drinks …

  • Financial News

    Stellantis suspends vehicle production in Russia

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    By Giulio Piovaccari MILAN -Carmaker Stellantis on Tuesday said it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow. The world’s fourth-largest automaker, …

  • Financial News

    UK targets Moscow bourse to try to curb investments in Russia

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    LONDON -Britain said on Tuesday it planned to revoke the Moscow Stock Exchange’s (MOEX) status as a recognised stock exchange in response to Russia’s invasion of Ukraine, a move that …

  • Financial News

    Balkans turns to coal as energy crisis trumps climate commitments

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    By Fatos Bytyci and Ognen Teofilovski OSLOMEJ, North Macedonia – Balkan nations in southeast Europe are turning to coal as they try to tackle a global surge in energy prices, …

  • Financial News

    Tesla resumes production at Shanghai factory, Xinhua reports

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    SHANGHAI/HONG KONG -Electric car company Tesla Inc resumed production at its Shanghai plant on Tuesday, the Xinhua News Agency reported, after a stoppage of more than three weeks because of …

  • Financial News

    Blackstone to buy American Campus Communities for nearly $13 billion

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    (Reuters) -Blackstone Inc will buy American Campus Communities Inc for $12.8 billion including debt, the student housing company said on Tuesday, as the world’s biggest alternative asset manager bets on …

  • Financial News

    Blackstone to buy ACC for $12.8 billion

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    (Reuters) – Blackstone Inc, the world’s biggest alternative asset manger, has agreed to buy American Campus Communities Inc for $12.8 billion including debt, the student housing company said on Tuesday. …

  • Financial News

    Brazil’s Embraer delivers 14 jets in Q1, order backlog hits $17.3 billion

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    SAO PAULO – Brazilian planemaker Embraer SA said on Tuesday it has delivered 14 jets in the first quarter of 2022, including six commercial and eight executive planes, and that …

  • Financial News

    Exclusive-Crisis-hit Sri Lanka, India revive talks to link electric grids

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO – India and Sri Lanka have resumed talks on linking their electricity grids, officials told Reuters on Tuesday, a step that could aid …

  • Financial News

    Mercedes-Benz launches second all-electric SUV

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    BERLIN – Mercedes-Benz unveiled its EQS sport utility vehicle (SUV) on Tuesday, a 660 km (410-mile) range car that will be made in America and go on sale by autumn. …

  • Financial News

    OPEC+ supply gap widens in March as sanctions hit Russian output

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    LONDON – OPEC+ produced 1.45 mln barrels per day (bpd) below its production targets in March, as Russian output began to decline following sanctions imposed by the West, a report …

  • Financial News

    U.S. insurer Travelers’ profit beats on lower catastrophe losses

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    (Reuters) – Property and casualty insurer Travelers Companies Inc reported a 48% jump in quarterly profit that beat analysts’ estimates on Tuesday, as lower catastrophe-related claims cushioned a hit from …

  • Financial News

    European crypto industry steps up efforts to influence EU policy

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    By Elizabeth Howcroft LONDON – More than 40 crypto business leaders have asked the European Union not to require crypto firms to disclose transaction details and dial down attempts to …

  • Financial News

    Japan Finance Minister makes most explicit warning yet against yen slump, economic fallout

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    By Tetsushi Kajimoto TOKYO -Japanese Finance Minister Shunichi Suzuki said on Tuesday the damage to the economy from a weakening yen at present is greater than the benefits accruing to …

  • Financial News

    Taiwan seeks Indo-Pacific Economic Framework membership with U.S

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    TAIPEI – A senior Taiwanese minister has pressed U.S. Trade Representative Katherine Tai to include the island in the United States’ forthcoming Indo-Pacific Economic Framework, his office said on Tuesday. …

  • Financial News

    In shift to new era, Wave Computing adopts RISC-V chip architecture

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    By Jane Lanhee Lee (Reuters) – Silicon Valley’s Wave Computing said on Tuesday it is launching designs for two new microprocessors this year using RISC-V architecture as it sunsets its …

  • Financial News

    Prada CEO says first 4 months strong despite Russia, China – paper

    by Reuters April 19, 2022
    by Reuters April 19, 2022

    MILAN – Italian luxury group Prada posted strong results in the first four months of the year as its U.S. business offset the impact of suspending operations in Russia and …

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