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  • Financial News

    EU leaders to make room for more spending over Ukraine, no new joint debt seen

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Jan Strupczewski VERSAILLES, France – European Union leaders will prepare the ground on Friday for possible unexpected spending over the war in Ukraine, but will stop short of mentioning …

  • Financial News

    Russia says China refuses to supply aircraft parts after sanctions

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    – China has refused to supply Russian airlines with aircraft parts, an official at Russia’s aviation authority was quoted by Russian news agencies as saying on Thursday, after Boeing and …

  • Financial News

    Russian economy in ‘shock’ from unprecedented economic war – Kremlin

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    – The Kremlin said on Thursday that Russia’s economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an “absolutely …

  • Financial News

    Honda to cut production by 10% in two factories

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    TOKYO – Japan’s Honda Motor will reduce factory production by about 10% in two domestic plants through the end of March, it said on Thursday, citing the global microchip shortage …

  • Financial News

    Britain’s Boohoo to meet earnings guidance as sales growth slows

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    LONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter. The Manchester, …

  • Financial News

    Suzuki’s Hungarian factory suspends car exports to Russia and Ukraine

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Gergely Szakacs BUDAPEST – Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian factory as of March due to the war, the Japanese company …

  • Financial News

    Shell CEO’s pay rose by a quarter in 2021 to $8.2 million

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    LONDON – Shell Chief Executive Ben van Beurden’s pay package for last year rose by about a quarter to 7.4 million euros ($8.2 million), his first raise since receiving a …

  • Financial News

    Marketmind: ECB, Inflation, Oil

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    A look at the day ahead in markets from Sujata Rao After the U.S. S&P 500 index saw its biggest one-day gain since June 2020 and oil slumped 13%, it …

  • Financial News

    Lessors face legal quagmire as Russian plane repos stall

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Tim Hepher, Engen Tham and Carolyn Cohn PARIS/SHANGHAI/LONDON -Global leasing companies staring at an imminent sanctions deadline to repossess more than 400 jets worth almost $10 billion from Russian …

  • Financial News

    Toshiba’s top shareholder to vote against break-up plan

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    TOKYO – Effissimo Capital Management said on Thursday it had decided to vote against Toshiba Corp’s break-up plan that comes up for a vote on March 24, since the plan …

  • Financial News

    U.S. Treasury launches campaign to educate public about crypto risks

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Hannah Lang – The U.S. Treasury Department is launching an initiative to raise awareness about the risks of investing in cryptocurrencies as the digital asset moves from the fringes …

  • Financial News

    China bars mainland brokers from promoting SPAC deals in Hong Kong – sources

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Scott Murdoch, Samuel Shen and Selena Li SYDNEY/HONG KONG – China’s securities regulator has barred the country’s investment banks it regulates from acting as promoters of blank-check firms in …

  • Financial News

    ECB seeks to reconcile soaring inflation with war risks

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Balazs Koranyi and Francesco Canepa FRANKFURT -The European Central Bank is likely to make as few policy commitments as possible on Thursday as the shock of Russia’s invasion of …

  • Financial News

    Analysis – Russian risk recalibration a wake-up call for investors

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Simon Jessop, Ross Kerber and Karin Strohecker LONDON – For funds undeterred in their investment choices by the killing of Saudi journalist Jamal Khashoggi or China’s treatment of the …

  • Financial News

    European, trans-Atlantic flight bookings fall after Ukraine invasion – ForwardKeys

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Jamie Freed – Russia’s invasion of Ukraine has stalled a travel recovery for airlines and led to a 23% fall in flight bookings within Europe and a 13% fall …

  • Financial News

    Japan’s wholesale prices rise at record pace; Ukraine to spur prices further

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Leika Kihara TOKYO -Japan’s wholesale inflation accelerated in February at the fastest pace in roughly four decades on rising fuel costs, a sign inflationary pressures were building up even …

  • Financial News

    BNP Paribas bars Russia-based staff from computer systems as cyber attack fears grow

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Sinead Cruise and John O’Donnell LONDON/FRANKFURT -France’s largest bank BNP Paribas has cut off its Russia-based workforce from its internal computer systems as it seeks to bolster its defences …

  • Financial News

    Workers at three New York Starbucks cafes vote to unionize

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    – Employees at three Starbucks Corp cafes in Buffalo, New York voted to unionize on Wednesday, bringing the total number of the coffee chain’s stores with a union in the …

  • Financial News

    Chinese startups’ SPAC listings gather pace as tougher offshore IPO rules loom

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Selena Li and Samuel Shen HONG KONG – Capital-hungry smaller Chinese startups are vying for speedy offshore listings by merging with blank-check firms at a time when Beijing’s tighter …

  • Financial News

    Sony, Nintendo halt gaming shipments to Russia

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    – Sony Group Corp’s game division and Nintendo Co Ltd said they have suspended shipments of software and hardware to Russia following the invasion of Ukraine. Sony Interactive Entertainment, which …

  • Financial News

    For falling euro, ECB intervention probably a move too far

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Saikat Chatterjee and Dhara Ranasinghe LONDON -The euro’s fall of as much as 4% against the dollar and Swiss franc in two weeks is raising the question of what …

  • Financial News

    U.S. solar installations to contract this year on inflation – industry forecast

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    – U.S. solar installations soared 19% to hit a record last year, but new capacity will slide in 2022 as project developers struggle with cost inflation and shipping delays, according …

  • Financial News

    Bearish bets on Asia FX rise amid Ukraine crisis, rupee shorts near two-year high – Reuters Poll

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    By Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a near two-year high, as Russia’s …

  • Breaking NewsPennsylvania NewsPolice Blotter

    UPS delivery driver victim of Philadelphia armed robbery

    by Kristen Harrison-Oneal March 9, 2022
    by Kristen Harrison-Oneal March 9, 2022

    PHILADELPHIA, PA – A UPS truck driver was the victim of a recent armed robbery in Philadelphia, now police are seeking to identify a possible suspect. “The PPD Northwest Detective …

  • Breaking NewsPennsylvania NewsPolice Blotter

    Two shot in Philadelphia armed robbery

    by Kristen Harrison-Oneal March 9, 2022
    by Kristen Harrison-Oneal March 9, 2022

    PHILADELPHIA, PA – Philadelphia Police are seeking the public’s assistance to identify a robbery that left two victims shot. “On March 2, 2022, at approximately 8:16 pm, two shooting victims …

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