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Category:

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  • Financial News

    Factbox-China’s energy investment in Russia

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    SINGAPORE – Chinese state energy giants have in recent weeks set up task forces to evaluate their multi-billion investments in Russia, a top oil and gas supplier to Beijing, as …

  • Financial News

    Tesla recalls 947 U.S. vehicles over delay in rearview image display, NHTSA says

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By David Shepardson WASHINGTON -Tesla Inc is recalling 947 vehicles in the United States because the rearview image may not immediately display when they begin to reverse, the National Highway …

  • Financial News

    Gold miner Petropavlovsk caught in UK sanctions against lender

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Pushkala Aripaka -London-listed Petropavlovsk will miss a loan payment due on Friday after Britain froze the assets of its main lender Gazprombank in its latest set of sanctions following …

  • Financial News

    Analysis-Pre-election spending could haunt Hungary’s Orban – or his successor

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Gergely Szakacs BUDAPEST – A $5.35 billion spending spree by Hungary’s Prime Minister Viktor Orban ahead of an election next week has left a budget hole that may spell …

  • Financial News

    Yacht maker Ferretti raises $243 million in Hong Kong IPO

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    SYDNEY – Italian luxury yacht maker Ferretti Group has priced its shares at HK$22.88 each, the lower end of its proposed range, to raise HK$1.9 billion ($242.75 million) in its …

  • Financial News

    World Bank sells first ‘rhino’ bond to help S.Africa’s conservation efforts

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    JOHANNESBURG – The World Bank has issued the world’s first wildlife conservation bond, raising $150 million to help efforts to increase the endangered black rhino population in South Africa, the …

  • Financial News

    Russia: capital controls were tit-for-tat move after central bank reserves frozen

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    -Restrictions Russia’s central bank imposed in the past month on capital flows out of the country were a tit-for-tat move in response to part of its reserves being frozen by …

  • Financial News

    ECB objects to EU’s plan to water down banking rules

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    FRANKFURT – European Union lawmakers should not grant banks exceptions from new global rules designed to avoid a new financial crisis, highlighting risks relating to housing and derivatives, the European …

  • Breaking NewsNew York NewsPolice Blotter

    Bronx Purse Snatcher Wanted – Reward Offered

    by Shore News Network March 25, 2022
    by Shore News Network March 25, 2022

    BRONX, NY – Do you know this man? Have you seen this car? The suspect is wanted in connection with 5 incidents in March where he forcibly stole female victims …

  • Financial News

    Column-Europe’s financial toll in winning an economic war :Mike Dolan

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Mike Dolan LONDON – The hit to Europe from an economic war with Russia over its invasion of Ukraine pales against the blow to Moscow – but another recession …

  • Financial News

    China to maintain yuan flexibility, brace for external shocks

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    SHANGHAI -China said on Friday it will maintain yuan flexibility and foreign exchange market stability, vowing to actively prevent and defuse risks from external shocks. The trend of foreigners investing …

  • Financial News

    U.S., EU strike LNG deal as Europe seeks to cut Russian gas

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Jarrett Renshaw, Vera Eckert and Joseph Nasr BRUSSELS/BERLIN -The United States will work to supply 15 billion cubic metres (bcm) of liquefied natural gas (LNG) to the European Union …

  • Financial News

    India’s aviation minister urges airlines to add more long-haul jets

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Abhijith Ganapavaram and Chandini Monnappa HYDERABAD, India – India’s civil aviation minister urged Indian airlines on Friday to add more long-haul aircraft to their fleets and to increase flights …

  • Financial News

    Costs of going unvaccinated in America are mounting for workers and companies

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Joshua Schneyer – Nearly a year after COVID vaccines became freely available in the U.S., one fourth of American adults remain unvaccinated, and a picture of the economic cost …

  • Financial News

    Germany makes progress in cutting back on Russian energy, minister says

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    BERLIN -Germany has made significant progress towards reducing its exposure to imports of Russian gas, oil and coal since Russia invaded Ukraine, Economy Minister Robert Habeck said on Friday. Germany …

  • Financial News

    China’s Bank of Communications boss warns of tough year ahead

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Zoey Zhang and Engen Tham SHANGHAI – The president of China’s Bank of Communications Co Ltd (BoCom), on Friday warned it will be difficult for the lender to deliver …

  • Financial News

    Annual gathering of airline CEOs moved to Qatar

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    – The International Air Transport Association’s (IATA) annual gathering of airline chief executives in June will be held in Doha, Qatar, rather than in Shanghai, it said on Friday, citing …

  • Financial News

    Farm equipment makers cut pre planting season production as U.S. inflation bites

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Bianca Flowers – Howard Dahl stopped taking farm equipment orders from customers as a shortage of parts and labor and escalating inflation threatened profits for his North Dakota-based firm …

  • Breaking NewsNew York NewsPolice Blotter

    REWARD: Bowling Green Subway Assault And Robbery

    by Shore News Network March 25, 2022
    by Shore News Network March 25, 2022

    MANHATTAN, NY – A 26 year old woman was slapped and her phone stolen inside the Bowling Green Subway Station on March 21 around 4:30am. REWARD up to $3,500. Any …

  • Financial News

    Canada’s red-hot housing markets hint at cooldown as higher rates, inflation bite

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Nichola Saminather and Julie Gordon TORONTO – Toronto realtor Nasma Ali has noted a marked slowdown in housing demand in the red-hot Greater Toronto Area over the past few …

  • Financial News

    For a California cafe, a new lease is hope after two bad years

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Ann Saphir OAKLAND, Calif. – Last month, not quite two years after the COVID-19 pandemic sent the U.S. and world economies into their steepest downturn in decades, Chris and …

  • Financial News

    Power costs drive Spanish industrial prices to record high

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    – Spanish industrial production prices rose at a record annual rate for the fifth straight month in February, pushed up by soaring energy costs, data from the National Statistics Institute …

  • Financial News

    Inside China’s electric drive for swappable car batteries

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Paul Lienert, Nick Carey and Norihiko Shirouzu DETROIT/BEIJING – A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for …

  • Financial News

    The Treasury market tumble in 5 charts

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    By Saqib Iqbal Ahmed NEW YORK -The Federal Reserve’s hawkish tilt has shaken up the bond market, with Treasuries recording their worst start to the year in history. Yields on …

  • Financial News

    U.S. to sell more LNG to Europe to help it cut dependence on Russia – Biden

    by Reuters March 25, 2022
    by Reuters March 25, 2022

    BRUSSELS – The United States will supply more liquid natural gas (LNG) to the European Union to help it reduce its reliance on gas supplies from Russia, President Joe Biden …

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