(Reuters) – Annual inflation will continue to rise due to the base effect, the Russian central bank said on Friday, adding that tightening of monetary conditions already in place will …
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Taiwan March exports hit new record, Ukraine war clouds outlook
by Reutersby ReutersTAIPEI – Taiwan’s exports rose for a 21st straight month in March to a new record in line with forecasts, boosted by continued strong tech demand, though the government warned …
- Financial News
Analysis-Samsung’s reputation hit as prices slashed at home for new premium phone
by Reutersby ReutersBy Byungwook Kim SEOUL – Samsung Electronics’ flagship Galaxy S22 smartphone has taken a battering from reports of hobbled performance and has seen carriers half its price at home in …
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Australia’s Westpac unit penalised for charging incorrect insurance fees
by Reutersby Reuters(Reuters) – Australia’s Federal Court on Friday ordered lender Westpac Banking Corp’s superannuation agent to pay A$20 million ($14.96 million) in penalty for incorrect insurance charges. The court said BT …
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KKR to list Japan’s Kokusai Electric as early as June, sources say
by Reutersby ReutersBy Miho Uranaka TOKYO -U.S. private equity firm KKR & Co Inc plans to take Japanese chip equipment maker Kokusai Electric Corp public in an IPO as early as June, …
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By Asha Sistla (Reuters) – Gold traded in a tight range on Friday as the dollar climbed higher on prospects of aggressive interest rate hikes by the U.S. Federal Reserve, …
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Russian brewers ask for help replacing imported hops -Kommersant
by Reutersby Reuters(Reuters) – Russian brewers have asked the agriculture ministry to help them find ways to replace imported hops in the next few years as they fear shortages, the Kommersant newspaper …
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Woodside investors to benefit from $40 billion merger with BHP arm – KPMG
by Reutersby ReutersBy Sonali Paul MELBOURNE – Australian gas producer Woodside Petroleum Ltd’s agreed merger with BHP Group’s petroleum arm is in the best interest of its shareholders, an independent expert said, …
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A look at the day ahead in markets from Tommy Wilkes. Barring a last-minute rebound, global stock markets will end this week lower — for European stocks that’s the first …
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AB Volvo sets aside $423 million in provisions due to Russia-Ukraine war
by Reutersby ReutersSTOCKHOLM -AB Volvo expects its first-quarter operating income to take a hit from uncertainty caused by the Russia-Ukraine war and will set aside provisions worth 4 billion crowns ($423.2 million) …
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CMA CGM buys auto logistics firm Gefco as Russia’s RZD, Stellantis exit
by Reutersby ReutersPARIS – French shipping group CMA CGM said on Friday it has acquired nearly 100% of Gefco, the auto transport company previously co-owned by Russian Railways (RZD) and carmaker Stellantis. …
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Crypto and gaming collide in high-risk ‘play-to-earn’ economies
by Reutersby ReutersBy Elizabeth Howcroft (Reuters) – Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he would breed and send …
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Walmart boosts industry-leading U.S. trucker pay to $110,000, starts retraining program
by Reutersby ReutersBy Lisa Baertlein and Arriana McLymore LOS ANGELES – Walmart said it is boosting starting pay for its 12,000 long-haul truck drivers who deliver merchandise to its stores and Sam’s …
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RBNZ to raise rates by 25 bps on April 13, some call for 50- Reuters poll
by Reutersby ReutersBy Devayani Sathyan and Vivek Mishra BENGALURU – New Zealand’s central bank will opt for a modest 25 basis point interest rate rise on April 13, but is set to …
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Column-Cold comfort in re-steepening U.S. yield curve: Mike Dolan
by Reutersby ReutersBy Mike Dolan LONDON – Pretending it did not happen probably does not help much. Given its track record in preceding the last four recession since 1990, the brief inversion …
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Caught on Camera: Elderly Woman Beaten and Robbed by Multiple Assailants
by Jeff Jonesby Jeff JonesCAPITOL HEIGHTS, MD – A female senior citizen was brutally assaulted and beaten by a group of men on March 29th and now police are hoping the public can assist …
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By Asha Sistla (Reuters) – Gold traded in a tight range on Friday as the dollar climbed higher on prospects of aggressive interest rate hikes by the U.S. Federal Reserve, …
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16-Year Old Beaten, Stabbed by Group of Attackers in NYC after Refusing to Give Up Scooter
by Adam Devineby Adam DevineNEW YORK, NY – A 16-year-old boy was beaten and stabbed by a large group of attackers in the Jackson Heights section of Queens on March 29th. Today, the New …
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Sri Lanka industry says 2022 exports could tumble 20%-30% on economic crisis
by Reutersby ReutersCOLOMBO – Sri Lankan leaders from garments, tea and other industries said on Friday the country’s goods and services exports could plunge 20% to 30% this year due to high …
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Investors urge governments not to ditch climate for energy security
by Reutersby ReutersBy Simon Jessop LONDON – Asset owners managing more than $10.4 trillion have urged governments not to let worries about security of fossil fuel supplies impede the transition to greener …
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Two Seriously Injured in Hughesville House Fire, Explosion
by Jeff Jonesby Jeff JonesCHARLES COUNTY, MD – Two people were seriously injured in a house fire in Hughesville this week. According to the Office of the State Fire Marshal and Charles County Sheriff’s …
- Breaking NewsPolice BlotterVirginia News
Norfolk Police Chief Boone Announces Retirement
by Jeff Jonesby Jeff JonesNORFOLK, VA – After more than 30 years serving the city of Norfolk, Police Chief Larry D. Boone has turned in his retirement papers. Boone joined the force in 1989 …
- Breaking NewsMaryland NewsPolice Blotter
Dad, Two Children Struck While Waiting for School Bus in Bethesda
by Jeff Jonesby Jeff JonesBETHESDA, MD – A father waiting at a school bus stop with his children was struck by a vehicle, critically injuring one child At approximately 8:22 a.m. on Wednesday, Montgomery …
- Breaking NewsMaryland NewsPolice Blotter
Juvenile in Custody After Allegedly Brandishing Gun Block Away from School
by Jeff Jonesby Jeff JonesCLARKSBURG, MD – The Clarksburg High School and Rocky Hill Middle School were both placed on lockdown after a juvenile allegedly brandished a handgun one block away from the Rocky …
- Breaking NewsMaryland NewsPolice Blotter
Howard County Crime Report for April 1-7
by Jeff Jonesby Jeff JonesHOWARD COUNTY, MD – The Howard County Police Department has released a weekly crime report for the week of April 1-7 that includes the most newsworthy criminal reports for the …