By Satoshi Sugiyama and Maki Shiraki TOKYO -Japanese airline operator ANA Holdings Inc will only raise airfares as a last resort to cover European route changes, its incoming chief executive …
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- Financial News
McDonald’s says Russia store closures to cost $50 million per month
by Reutersby Reuters– McDonald’s Corp said on Wednesday the temporary closure of its 847 stores in Russia will cost the fast food chain about $50 million a month. The company said on …
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By Maytaal Angel and Richa Naidu LONDON -Nestle, the world’s largest packaged food group, said on Wednesday it had suspended all capital investment in Russia following its invasion of Ukraine. …
- Financial News
Philip Morris suspends investments in Russia, scales back manufacturing
by Reutersby Reuters– Philip Morris International Inc has suspended its planned investments in the Russian Federation, the cigarette maker said on Wednesday, and will scale down manufacturing operations in the country following …
- Financial News
McDonald’s says Russia store closures to cost $50 million per month
by Reutersby Reuters– McDonald’s Corp said on Wednesday the temporary closure of its 847 stores in Russia will cost the fast food chain about $50 million a month. The company said on …
- Department of Justice Press Releases
Former Truck Driver Sentenced to 15+ Years in Prison Resulting From Project Safe Childhood Investigation
by DOJ Pressby DOJ PressMACON, Ga. – A former truck driver and Georgia resident was sentenced to serve more than 15 years in prison for distributing hundreds of thousands of images of child [censored]ography depicting …
- Financial News
G7 energy ministers to discuss next steps on Russian oil and gas -UK minister
by Reutersby ReutersLONDON – G7 energy ministers will meet on Thursday to discuss what more the West can do to reduce its dependence on Russian oil and gas, British Business Secretary Kwasi …
- Breaking NewsMaryland NewsPolice Blotter
Shot Spotter Alerts Baltimore Police to 42 Year-Old Man Shot in the Thigh
BALTIMORE, MARYLAND – A Shot Spotter alert brought the attention of Baltimore Police Department’s Central District. When the police arrived, they found a 42 year-old man shot in the thigh. …
- Breaking NewsD.C. NewsPolice Blotter
Police in Southeast D.C. Arrest 19 Year-Old Suspect in Shooting
WASHINGTON, D.C. – The Washington D.C. Metropolitan Police Department announced they made an arrest in a shooting on Douglass Road in Southeast D.C on that occurred on Monday. According to …
- Financial News
Swiss SIX says hacks spiked at start of Russia invasion of Ukraine
by Reutersby ReutersZURICH – Swiss stock exchange operator SIX saw an increase in hacker attacks around the start of Russia’s invasion of Ukraine last month, its chief executive Jos Dijsselhof said on …
- Financial News
Russia must prioritize domestic grain supplies for bread, PM says
by Reutersby ReutersMOSCOW – Russia must prioritize grain supplies to domestic bakeries over export markets, Prime Minister Mikhail Mishustin said as he unveiled fresh measures to support the domestic economy on Wednesday …
- Financial News
For BP’s CEO, Russian exit eased by reservations about Rosneft stake
by Reutersby ReutersBy Ron Bousso LONDON – Within hours of Moscow launching its invasion of Ukraine, BP’s chief executive summoned his senior team to discuss the limited options for its Russian operations, …
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By Yoruk Bahceli – Global financial conditions are at their tightest since early 2016, driven by soaring energy prices, sliding stocks and market turmoil stemming from Russia’s invasion of Ukraine. …
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By Nigel Hunt LONDON – A global food crisis sparked by Russia’s invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing …
- Financial News
EU agrees sanctions on 14 oligarchs, blocks transactions with Belarus cbank
by Reutersby ReutersBRUSSELS – The European Union has agreed to impose sanctions on 14 more Russian oligarchs, freeze relations with Belarus’ central bank and curb three top lenders in that country, the …
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– Discovery Inc on Wednesday said it will suspend the broadcast of its channels and services in Russia, joining a growing number of corporations withdrawing from the country in response …
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By Gavin Jones ROME – Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the growth outlook for the euro …
- Financial News
UK household financial confidence at lowest levels in at least 10 years – YouGov/Cebr
by Reutersby ReutersLONDON – Measures of household finances in Britain were at their lowest levels in records going back 10 years as a cost-of-living squeeze tightened, polling firm YouGov and consultancy Cebr …
- Financial News
EU imposes sanctions on more Russians, adds Belarus banks to list
by Reutersby ReutersBRUSSELS – The European Union said on Wednesday it was stepping up sanctions over Russia’s invasion of Ukraine, including targeting more Russian individuals and adding banks in Moscow’s ally Belarus. …
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BERLIN – Germany’s draft budget for 2022 envisages just shy of 100 billion euros (dollars) in new borrowing, a person familiar with the budget planning said, meaning it would not …
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By Emma Thomasson BERLIN -Adidas warned of a hit to sales from closing operations in Russia and COVID disruptions in Vietnam but a brighter China outlook helped send the German …
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By Bharat Gautam – Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious …
- Financial News
Demand destruction to cool world vegoil prices in 2nd half – analysts
by Reutersby ReutersBy Mei Mei Chu KUALA LUMPUR – Tight edible oil stockpiles and blocked shipments from the Black Sea area are expected to keep prices near record highs for the coming …
- Financial News
In court, a former Goldman star recounts his lies and bribes in 1MDB deceit
by Reutersby ReutersBy Luc Cohen NEW YORK – In a U.S. court, former Goldman Sachs partner Tim Leissner has admitted to taking $60 million in kickbacks, lying to the bank about his …
- Financial News
Contracts shield Asia’s EV battery makers from nickel surge, for now
by Reutersby ReutersBy Heekyong Yang and Norihiko Shirouzu SEOUL/BEIJING – Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices amid Russia’s invasion of Ukraine, …