By Julie Gordon OTTAWA -Canada’s exports rose 2.8% in February to a record high, driven mostly by energy products, while imports climbed 3.9% from the previous month, data from Statistics …
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- Financial News
U.S. service sector regains speed in March; high input prices persist – ISM survey
by Reutersby ReutersWASHINGTON – U.S. services industry activity picked up in March, boosted by the rolling back of pandemic restrictions, but businesses continued to face higher costs as supply strains persisted. The …
- Breaking NewsNew York NewsPolice Blotter
Innocent Bystander Shot and Killed in New York City Gunfight
by Adam Devineby Adam DevineNEW YORK, NY – A dispute between two groups of men in Upper Manhattan near Highbridge Park turned into an armed standoff as the men drew their guns at each …
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HARRISBURG, PENNSYLVANIA –Â The Harrisburg Police Department is investigating a shooting that took place on April 2nd. This incident happened on North 5th and Woodbine Street at approximately 7:34pm. According …
- Breaking NewsMaryland NewsPolice Blotter
Anne Arundel Police Rescue Family of Four After Car Plunged Into Drainage Pond
ANNE ARUNDEL COUNTY, MARYLAND – On Friday April 1st, Anne Arundel Police Officers were on patrol when they heard a crash at approximately 9:15pm in Severn-Danza Park. The officers discovered …
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BERLIN – Germany’s Sono Motors has signed up a new partner for its partly solar-powered cars and is sticking to its goal of commercial production in 2023, after abandoning talks …
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(Reuters) – Peloton Interactive Inc’s strength training product, Peloton Guide, would be available at a starting price of $295, about 40% lower than what it had originally planned, the company …
- Financial News
IMF calls for $15 billion this year to manage long-term risks of COVID
by Reutersby ReutersWASHINGTON – Countries around the world should provide $15 billion in grants this year and $10 billion a year thereafter to manage the long-term risks of COVID-19, the International Monetary …
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WASHINGTON, D.C. – The Washington D.C. Metro Police Department made an arrest in a April 3rd stabbing in Northwest D.C.. This incident took place on at the intersection of 15th …
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By Julien Ponthus and Sudip Kar-Gupta LONDON/PARIS -French stocks and bonds fell on Tuesday as markets started to acknowledge the risk of far-right candidate Marine Le Pen winning this month’s …
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LONDON -Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings said in a report. Despite an economic …
- Financial News
Razor’s edge: Canada’s Liberals eye more spending as inflation burns
by Reutersby ReutersBy Julie Gordon OTTAWA -Canada’s Liberals find themselves in a bind ahead of this week’s budget: the economy has recovered from the pandemic, yet Prime Minister Justin Trudeau has pledged …
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Bank of Spain sees inflation hitting 7.5% in 2022, lower growth in 2022, 2023
by Reutersby ReutersBy Jesús Aguado and Emma Pinedo MADRID – Spain’s central bank on Tuesday lowered its economic growth forecast for this year and next due to the impact of inflation stoked …
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(Reuters) – Memory chipmaker Micron Technology Inc on Tuesday named chip firm Qorvo Inc’s finance chief Mark Murphy as its new chief financial officer. Micron lost its former CFO David …
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German chemical industry suspends pay talks due to war in Ukraine
by Reutersby ReutersFRANKFURT – Germany’s chemical and pharmaceutical industry on Tuesday agreed a lump sum payment for workers and put further collective wage bargaining on hold, citing uncertainty stemming from Russia’s attack …
- Financial News
What yield curve? Bond strategists see a flat line all year- Reuters poll
by Reutersby ReutersBy Hari Kishan and Vivek Mishra BENGALURU – The U.S. Treasury yield curve, already hammered into a flat line after one of its worst quarters in decades, is set to …
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By Muhammed Husain (Reuters) -Britain’s Go-Ahead said it plans to expand its transport operations and reinstate its pre-COVID-19 dividend policy after a months-long strategic review, lifting its shares on Tuesday. …
- Financial News
Poland blocks EU compromise on global minimum corporate tax deal
by Reutersby ReutersPARIS – Poland on Tuesday blocked a French-proposed compromise on how to implement a minimum corporate tax across the European Union in another blow to a global overhaul of international …
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Russian banks need to be recapitalised as losses loom, VTB CEO says
by Reutersby Reuters(Reuters) – Russia’s banks will need a wider recapitalisation, Andrey Kostin, CEO of No.2 lender VTB, has told the TASS news agency, with the scale of it to be determined …
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Credit servicer doValue Greece gets $548 million bad loan mandate
by Reutersby ReutersATHENS – Credit servicer doValue Greece, a subsidiary of Italy’s biggest debt recovery firm doValue, said on Tuesday it was awarded a new loan servicing mandate for a 500 million …
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By Elvira Pollina MILAN -The chances of the U.S. fund KKR pushing ahead with a firm bid for Telecom Italia (TIM) faded, with the two sides deadlocked on Tuesday over …
- Financial News
Floating mines in Black Sea endangering grain, oil trade – officials
by Reutersby ReutersBy Jonathan Saul LONDON – The risk of coming across floating mines in the major Black Sea shipping route is adding to perils for merchant ships sailing in the region, …
- Financial News
Japan MOF panel recommends revoking Russia’s most-favoured-nation status
by Reutersby ReutersBy Tetsushi Kajimoto TOKYO – An advisory panel to Japan’s finance minister on Tuesday recommended that the law should be changed to revoke Russia’s most-favoured-nation trading status following Moscow’s invasion …
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Analysis-Banks tiptoe into EU tussle over reining in foreign lenders
by Reutersby ReutersBy Huw Jones LONDON – Banks have begun quietly trying to persuade the European Union to tone down proposals to toughen scrutiny of non-EU lenders to ensure the planned measures …
- Financial News
UnitedHealth, Change Healthcare extend closure of merger deal by 9 months
by Reutersby Reuters(Reuters) -UnitedHealth Group Inc and Change Healthcare have agreed to extend the closing date of their merger by another nine months to Dec. 31, the companies said on Tuesday, more …