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(Reuters) – Penske Truck Leasing has ordered 750 of Ford Motor Co’s electric E-Transit cargo vans, the unit of Penske Automotive Group Inc said on Monday. The move comes as …

(Reuters) – U.S. wireless carrier Verizon Communications Inc said on Monday it would raise the minimum wage of its new and existing customer service, retail and inside sales employees to …

By Andrea Shalal WASHINGTON -The International Monetary Fund expects to members to make “significant” pledges of support for its newly approved Resilience and Sustainability Trust during the IMF-World Bank spring …

(Reuters) – U.S. equity funds faced heavy outflows in the week to April 13, as investors were spooked by rising yields and fears that the impending monetary tightening from the …

BEIJING -China will step up financial support for industries, firms and people affected by COVID-19 outbreaks, the central bank said on Monday, as part of steps to cushion economic slowdown. …

(Reuters) – Saudi Arabia’s crude exports in February rose to 7.307 million barrels per day (bpd), the highest level since April 2020, official data showed on Monday. Crude oil exports …

By Joseph White NORMAL, Ill. – Rivian Automotive Inc CEO R.J. Scaringe needs to sell a lot more electric vans and pickup trucks to boost a beaten down stock price …

(Reuters) -The rouble briefly firmed past the 79 mark against the dollar on Monday, while stock indexes fell as the market lacked new momentum and investors watched developments around what …

By Sheila Dang (Reuters) – Gaming companies FlickPlay and The Sandbox announced a new partnership on Monday that will allow players to use a blockchain asset on both platforms, representing …

SHANGHAI – Manufacturers including Tesla began preparing on Monday to reopen their Shanghai plants as China’s most populous city speeds up efforts to get back to normal after a nearly …

(Reuters) – Global bond funds witnessed massive money outflows in the week to April 13, as investors were worried that the Federal Reserve would start tightening its policy more aggressively …

By Marc Frank HAVANA – The Russian invasion of Ukraine is making Cuba’s three-year-old foreign exchange crisis worse as import costs jump, undermining an incipient recovery and threatening more hardship …

By Matt Scuffham NEW YORK – Wall Street banks’ commodities trading exposures are rising, which could leave them vulnerable to large swings in asset values following Russia’s invasion of Ukraine, …

NEW DELHI -India’s annual wholesale inflation rate accelerated to 14.55% in March, completing a year in double-digit territory as firms grapple with rising input costs and pass on higher prices …

By Tetsushi Kajimoto and Leika Kihara TOKYO – Bank of Japan Governor Haruhiko Kuroda said on Monday the yen’s recent moves had been “quite sharp” and could hurt companies’ business …

(Reuters) – Many investors, analysts and investment bankers expect Twitter Inc’s board of directors to reject Elon Musk’s $43 billion acquisition offer in the coming days as inadequate, but how …

(Reuters) -Far-right wing website InfoWars on Sunday filed for voluntary Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas in the face of multiple …

By Swati Bhat MUMBAI – The Indian rupee dropped on Monday to its lowest in nearly a month against the dollar, tracking losses in the stock market and weighed by …

SHANGHAI – Volkswagen Group China said on Monday its factories in the northeastern Chinese city of Changchun, which it runs via a joint venture with China’s FAW Group, have gradually …

CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that a federal grand jury has returned an indictment charging Steven Gonzalez a/k/a Steven Hernandez, …

CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Pawel Aleksander Grodkowski, 53, of Fort Erie, Ontario, Canada, was arrested and charged by …

BENGALURU -Shares of India’s Infosys Ltd fell 9% on Monday to hit an eight-month low after the company last week posted quarterly profit below expectations, raising fears of growth normalisation …

CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that a federal grand jury has returned an indictment charging James Fox, 38, of Cheektowaga, …

SHANGHAI – The smallness of a cut to the amount of money Chinese banks must hold in reserves may reflect concern by the Chinese central bank over inflation and U.S. …

BEIJING -China’s supply chains must be stabilised amid COVID-19 outbreaks, with local governments helping key companies get back to work, the official Xinhua news agency quoted Vice Premier Liu He …