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  • Financial News

    Asian banks ‘falling short’ on decarbonisation efforts -study

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By David Stanway and Zoey Zhang SHANGHAI -Banks in Asia are “falling short” when it comes to meeting global pledges to tackle climate change and aligning with the decarbonisation aims …

  • Financial News

    China’s Geely Automobile flags costs, chip shortage after 12% drop in 2021 profit

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    SHANGHAI -Geely Automobile Holdings Ltd expects rising raw material prices and global chip shortages to pressure its profitability and sales this year, the Chinese company said on Wednesday, after reporting …

  • Financial News

    Exclusive-Dutch bank ING ends financing for new oil and gas projects

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Simon Jessop and Toby Sterling LONDON -ING Groep NV will no longer finance new oil and gas projects, its energy chief said, becoming the biggest bank yet to commit …

  • Financial News

    Disney employees stage walkouts to protest company response to Florida bill

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Lisa Richwine and Dawn Chmielewski LOS ANGELES – Employees of the Walt Disney Co staged walkouts and social media campaigns on Tuesday to protest the company’s response to Florida …

  • Financial News

    Workers at Deutsche Bank’s Postbank clinch pay deal after months of wrangling

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    FRANKFURT -A pay increase for thousands of workers at Deutsche Bank’s retail unit Postbank has been agreed with management, brightening prospects for a wage deal for the broader German industry …

  • Financial News

    TotalEnergies not in jeopardy by quitting Russian oil contracts-CEO

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    PARIS -TotalEnergies’ decision to quit Russian oil supply contracts does not put the overall future of the French energy company at risk, the company’s chairman and chief executive Patrick Pouyanne …

  • Financial News

    Indians tighten belts as Ukraine war drives up prices of necessities

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Aftab Ahmed and Rajendra Jadhav NEW DELHI – Many Indians are cutting down on fried food and even vegetables as the Ukraine war inflates the prices of items from …

  • Financial News

    COVID vaccine maker Moderna flags Japan ambition with sumo sponsorship

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Rocky Swift TOKYO -Moderna Inc is sponsoring sumo flags in its first such promotion in Japan, as the COVID-19 vaccine maker seeks to wrestle market share from compatriot Pfizer …

  • Financial News

    UK inflation hits 30-year high of 6.2% as Sunak readies response

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Andy Bruce LONDON -British inflation shot up faster than expected last month to hit a new 30-year high, worsening a historic squeeze on household finances that finance minister Rishi …

  • Financial News

    Marketmind: That inflation headache

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    A look at the day ahead in markets from Dhara Ranasinghe. Data this morning showing British inflation rose to a new 30-year high of 6.2% last month, is a reminder …

  • Financial News

    Exclusive-Activist fund Oasis backs call for Toshiba to solicit buyout offers -source

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Scott Murdoch and Makiko Yamazaki SYDNEY/TOKYO -Hong Kong-based activist fund Oasis Management has voted in favour of a shareholder proposal demanding Toshiba Corp solicit buyout offers from private equity …

  • Financial News

    BOK chief reiterates need to further adjust rates as end of term nears

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    SEOUL – South Korea’s central bank chief reiterated on Wednesday the need to further raise the bank’s policy interest rate as the economy struggles to tame red-hot inflation and amid …

  • Financial News

    S.Korea picks IMF official as new central bank chief

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Cynthia Kim and Jihoon Lee SEOUL -South Korea on Wednesday nominated veteran International Monetary Fund official Rhee Chang-yong as its new central bank chief, a pick who is widely …

  • Financial News

    China’s ZTE exits probation after U.S. court ruling, shares soar

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Karen Freifeld -China’s ZTE Corp saw its shares soar as much as 60% in Hong Kong on Tuesday after the telecommunications equipment maker completed five years of probation in …

  • Financial News

    Column-Cruel to be kind – Fed seems tempted by 1994 playbook :Mike Dolan

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Mike Dolan LONDON – Tighten hard and fast now and you might just avoid triggering recession – it seems the Federal Reserve is tempted by its own playbook from …

  • Financial News

    Gold steady as Ukraine worries counter bets on Fed rate hikes

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Asha Sistla – Gold prices held steady on Wednesday as worries over the Ukraine crisis supported demand for the safe-haven metal, although calls from U.S. Federal Reserve officials for …

  • Financial News

    Singapore Feb headline prices rise 4.3%, fastest in nine years

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    SINGAPORE – Singapore’s February headline prices rose at their fastest pace in nine years due to higher private transport costs, while core prices eased for the first time since June …

  • Financial News

    ‘Gloomy’ Dutch consumers hit by pessimism about economy, war in Ukraine

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    – Dutch consumer confidence deteriorated in March due to growing pessimism about the economy and the war in Ukraine, the Dutch Statistics Office CBS announced on Wednesday. The indicator dropped …

  • Financial News

    Explainer-Can companies leaving Russia recoup losses through insurance?

    by Reuters March 23, 2022
    by Reuters March 23, 2022

    By Tom Hals – Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai …

  • Financial News

    Thailand to ban use of digital assets as payments from April – SEC

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    BANGKOK – Thailand has issued rules to ban digital assets from being used to pay for goods and services from April 1, the market regulator said on Wednesday. The move …

  • Financial News

    Russia’s G20 membership under fire from U.S., Western allies

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Andrea Shalal and Marek Strzelecki WASHINGTON -The United States and its Western allies are assessing whether Russia should remain within the Group of Twenty (G20) grouping of major economies …

  • Police Blotter

    U.S. Marshals and Alaska State Troopers Warn of Scam

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    Anchorage, AK – The U.S. Marshals Service and the Alaska State Troopers are warning the public today of a telephone scam involving a fraudulent caller contacting convicted sex offenders and …

  • Police Blotter

    Another ‘Fugitive of the Week’ Surrenders at U.S. Marshals Office

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    Concord, NH – The United States Marshals Service is very pleased to announce that “Fugitive of the Week,” Ryan Paul Moore surrendered on Monday afternoon at the U.S. Marshals Office …

  • Police Blotter

    U.S. Marshals Fugitive Task Force Arrests Homicide Suspects

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    Harrisburg, PA – Today, United States Marshal Martin J. Pane announced the arrest of Cordaryl Burns and Larry Burns – both charged with two homicides in Cumberland County.On February 23, …

  • Department of Justice Press Releases

    McDowell County Man Pleads Guilty to Federal Fraud Charge

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    CHARLESTON, W.Va. – A McDowell County man pleaded guilty to a federal fraud charge relating to an arson and insurance fraud scheme. According to court documents and statements made in …

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