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  • Financial News

    Exclusive – China’s oil champion prepares Western retreat over sanctions fear

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    By Ron Bousso and Chen Aizhu LONDON/SINGAPORE – China’s top offshore oil and gas producer CNOOC Ltd. is preparing to exit its operations in Britain, Canada and the United States, …

  • Financial News

    German economic institutes see sharp recession if Russian gas cut off

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    BERLIN -Germany would face a sharp recession if gas supplies from Russia are suddenly cut off, the country’s leading economic institutes said on Wednesday, and the government said the war …

  • Financial News

    Google to invest $9.5 billion in U.S. offices, data centers this year

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    (Reuters) – Alphabet Inc’s Google said on Wednesday it plans to invest about $9.5 billion across its U.S. offices and data centers this year, up from $7 billion last year. …

  • Financial News

    Vegas, Macau…Dubai? Global casinos raise bets on gambling in the Gulf

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    By Lisa Barrington and Farah Master DUBAI/HONG KONG – It’s been the subject of quiet speculation among diplomats and executives for years, but now global casino bosses are setting their …

  • Financial News

    Uniqlo owner’s results seen as bellwether for China shutdown impact

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    TOKYO – Uniqlo operator Fast Retailing Co’s earnings on Thursday may give an indication of how major global retailers are weathering COVID-related shutdowns in China, one of the biggest growth …

  • Financial News

    Deutsche Telekom buys additional T-Mobile US shares for $2.4 billion

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    DUESSELDORF, Germany -Deutsche Telekom said it has bought additional shares in T-Mobile US from Softbank for $2.4 billion, bringing CEO Tim Hoettges closer to his goal of securing direct control …

  • Financial News

    Russian weekly inflation falls to 0.66% – first deputy PM

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    (Reuters) – Russian weekly inflation fell to 0.66% in the latest week, First Deputy Prime Minister Andrei Belousov said on Wednesday. Weekly inflation in Russia slowed to 0.99% in the …

  • Financial News

    BOJ’s Kuroda vows easy policy, warns of economic hit from rising import costs

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    By Leika Kihara TOKYO -Bank of Japan Governor Haruhiko Kuroda on Wednesday warned the recent rise in inflation driven by higher import costs could hurt the economy, stressing the central …

  • Financial News

    Generali challenger’s plan would increase debt leverage to near 25% – paper

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    ROME – A plan for Italy’s Generali put forward by a rebel investor would aim to increase the insurer’s debt leverage to near 25% for any worthy operations, the CEO …

  • Financial News

    UK inflation hits 30-year high of 7%, adding to pressure on government

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    By David Milliken and William Schomberg LONDON -British consumer price inflation leapt to its highest level in three decades last month, intensifying the pressure on embattled Prime Minister Boris Johnson …

  • Financial News

    Taiwan central bank says rate rises will depend on inflation, will be ‘cautious’

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    By Liang-sa Loh TAIPEI -Taiwan central bank governor Yang Chin-long said on Wednesday inflation would slow by the third quarter and any rate rise decisions would depend on consumer price …

  • Financial News

    China’s trade with Russia slows but still beats overall growth

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    BEIJING -China’s overall trade with Russia rose over 12% in March from a year earlier, slowing from February but still outpacing the growth in China’s total imports and exports, as …

  • Financial News

    Exclusive: BlackRock plans first China ETF product this year -sources

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    By Selena Li HONG KONG – BlackRock Inc plans to launch its first product in China’s $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring …

  • Financial News

    BOJ won’t introduce digital yen as means for negative rates – central bank official

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    By Leika Kihara TOKYO -The Bank of Japan (BOJ) will not introduce a digital yen as a means to achieve negative interest rates, an idea sometimes discussed in academic circles, …

  • Financial News

    Inflation angst sends European stocks lower for third day

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    (Reuters) – European shares retreated for a third straight session on Wednesday as anxiety about elevated inflation and its potential impact on upcoming earnings season dampened risk appetite. The pan-European …

  • Financial News

    Marketmind: Peak hawkishness?

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    A look at the day ahead in markets from Saikat Chatterjee. Hopes raised by latest U.S. CPI numbers that surging inflation may finally be peaking appear to have finally halted …

  • Financial News

    Gold inches higher as Ukraine conflict lifts safe-haven bids

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    By Asha Sistla (Reuters) – Gold prices edged higher on Wednesday as concerns of an escalation in the Russia-Ukraine conflict increased safe-haven bids for the precious metal, although a firmer …

  • Financial News

    Global renewable power prices soar on heavy demand, chaotic supply chain

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    By Nichola Groom and Isla Binnie (Reuters) – Prices for wind and solar power in major global markets have climbed nearly 30% in a year as developers have struggled with …

  • Financial News

    Australian competition watchdog sues Honda unit for false dealership closure claims

    by Reuters April 13, 2022
    by Reuters April 13, 2022

    (Reuters) -Australia’s competition watchdog on Wednesday took Honda Motor Co’s local unit to court alleging the Japanese carmaker falsely claimed to its customers that two of its dealerships had stopped …

  • Financial News

    Japan’s Feb machinery orders fall for second month, adding to growth fears

    by Reuters April 12, 2022
    by Reuters April 12, 2022

    By Kantaro Komiya TOKYO – Japan’s core machinery orders posted their biggest monthly fall in nearly two years in February, official data showed on Wednesday, dragged down by a steep …

  • Department of Justice Press Releases

    Syracuse Man Pleads Guilty to Possessing and Intending to Distribute 6 Kilograms of Cocaine

    by DOJ Press April 12, 2022
    by DOJ Press April 12, 2022

    SYRACUSE, NEW YORK – Alexander Carrasquillo-Rosado, age 31, of Syracuse, pled guilty today to possessing and intending to distribute controlled substances. The announcement was made by United States Attorney Carla …

  • Breaking NewsCentral Jersey NewsNew Jersey NewsNorth Jersey NewsPolice Blotter

    South Plainfield Man Stole $2.3 Million from His New York Employer

    by Charlie Dwyer April 12, 2022
    by Charlie Dwyer April 12, 2022

    NEWARK, N.J. – The Department of Justice announced a Middlesex County man was charged with embezzling over $2.3 million from a New York-based company where he had been the controller …

  • Breaking NewsNew Jersey NewsNorth Jersey NewsPolice Blotter

    New Jersey Man Submitted False Tax Returns to Claim Victim’s Benefits

    by Charlie Dwyer April 12, 2022
    by Charlie Dwyer April 12, 2022

    NEWARK, N.J. – The Department of Justice has announced the sentancing of a Bergen County man to 24 months and two days in prison for his role in a scheme …

  • Atlantic County NewsBreaking NewsNew Jersey NewsPolice Blotter

    Atlantic County Heroin Dealer Pleads Guilty in Federal Court

    by Charlie Dwyer April 12, 2022
    by Charlie Dwyer April 12, 2022

    CAMDEN, N.J. – The Department of Justice has announced an Atlantic County, New Jersey, man admitted his role in drug distribution scheme, according to U.S. Attorney Philip R. Sellinger announced. …

  • Breaking NewsDelaware NewsPets and AnimalsPolice Blotter

    Middletown Man Heading to Prison for 8 Years for Selling Fentanyl and Illegal Ammunition

    by Jeff Jones April 12, 2022
    by Jeff Jones April 12, 2022

    WILMINGTON, Del. – The Department of Justice has reported a Middletown man was sentenced on April 6, 2022 to 97 months in prison for possessing methamphetamine and fentanyl with intent …

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