By Ludwig Burger FRANKFURT -German carmakers association VDA said that the fallout from Russia’s invasion of Ukraine was disrupting transport routes as well as financial transactions and that it was …
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- Financial News
Factbox-Companies cut Russia operations and trade as sanctions tighten
by Reutersby Reuters– Companies have taken action to limit, put on hold or exit business activities in Russia following a wave of sanctions imposed after Moscow’s invasion of Ukraine. Below is a …
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By Helena Soderpalm STOCKHOLM -Swedish fashion group H&M is temporarily pausing all sales in Russia, it said on Wednesday, joining a growing list of companies shunning the country since it …
- Financial News
Wintershall Dea stops payments to Russia, writes off $1.1 billion Nord Stream 2 loan
by Reutersby ReutersBy Christoph Steitz FRANKFURT – German oil and gas firm Wintershall Dea said on Wednesday it would stop payments to Russia and write off its 1 billion euro ($1.1 billion) …
- Financial News
Lebanon’s Bank Audi says UK court order will leave some depositors out of pocket
by Reutersby ReutersBEIRUT – Complying with a London court order requiring Lebanon’s Bank Audi and SGBL to pay a depositor $4 million of money stuck in the nation’s crisis-hit banking sector will …
- Financial News
Canada’s major lenders lift prime rates to 2.7% after central bank hike
by Reutersby ReutersBy Nichola Saminather TORONTO -Royal Bank of Canada, Toronto-Dominion Bank and Bank of Montreal said on Wednesday they will raise their prime lending rates for the first time since October …
- Financial News
Russian banking liquidity shortage widens to 7 trillion roubles, central bank says
by Reutersby ReutersMOSCOW – The Russian banking system’s liquidity shortage widened to 6.9 trillion roubles ($68.25 billion) on Wednesday, the central bank said, up from 5.4 trillion roubles a day before as …
- Financial News
Russia bans payments to foreigners holding rouble bonds, shares
by Reutersby ReutersMOSCOW -Foreign investors are effectively stuck with their holdings of Russian stocks and rouble-denominated bonds after the central bank put a temporary halt on payments and major overseas’ settlement systems …
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LONDON -Europe’s industry body for securities and derivatives exchanges said on Wednesday its board has voted unanimously to exclude the Moscow Exchange. The European Union, Britain, Switzerland and elsewhere have …
- Financial News
Apple to host spring event next week, low-cost 5G iPhone in focus
by Reutersby Reuters-Apple Inc will host its annual spring product launch event on March 8, the iPhone maker said on Wednesday. The company is expected to launch a low-cost version of its …
- Financial News
Too much water? Argentina farm belt rains mark shift away from drought fears
by Reutersby ReutersBy Maximilian Heath BUENOS AIRES – Heavy rains in Argentina’s farm belt and expectations of more to come are alleviating fears about a prolonged drought hitting crops after a dry …
- Financial News
U.S. concerned at ‘abuses’ in Lebanese banking system, urges probes
by Reutersby ReutersBEIRUT -A U.S. Treasury delegation urged Lebanese authorities to mount investigations into what it described as abuses within the Lebanese banking system by members of the political and economic elite, …
- Department of Justice Press Releases
Arkansas Man Sentenced for Failure to Register as a Sex Offender
by DOJ Pressby DOJ PressUnited States Attorney Dennis R. Holmes announced that a Bella Vista, Arkansas, man convicted of Failure to Register as a Sex Offender was sentenced on February 28, 2022, by U.S. …
- Department of Justice Press Releases
Pittsburgh Man Pleads Guilty to Obstructing Police during May 20, 2020 Pittsburgh Protest
by DOJ Pressby DOJ PressPITTSBURGH – A resident of Pittsburgh, Pennsylvania, pleaded guilty to a charge of obstruction of law enforcement during civil disorder, United States Attorney Cindy K. Chung announced today. Jordan Coyne, …
- Department of Justice Press Releases
Manderson Man Sentenced to 12 Years In Federal Prison for Drug Trafficking Conspiracy
by DOJ Pressby DOJ PressUnited States Attorney Dennis R. Holmes announced that a Manderson, South Dakota, man convicted at trial of Conspiracy to Distribute a Controlled Substance was sentenced on February 18, 2022, by …
- Department of Justice Press Releases
Sioux Falls Man Sentenced for Failure to Register as a Sex Offender
by DOJ Pressby DOJ PressUnited States Attorney Dennis R. Holmes announced that a Sioux Falls, South Dakota, man convicted of Failure to Register as a Sex Offender was sentenced on February 28, 2022, by …
- Department of Justice Press Releases
Fort Thompson Man Indicted for Sexual Abuse of a Minor
by DOJ Pressby DOJ PressUnited States Attorney Dennis Holmes announced that a Fort Thompson, South Dakota, man has been indicted by a federal grand jury for Sexual Abuse of a Minor. Adonis Collins, age …
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United States Attorney Dennis R. Holmes announced that a Mission, South Dakota, woman convicted of Assault Resulting in Serious Bodily Injury was sentenced on February 28, 2022, by Chief Judge …
- Department of Justice Press Releases
Kansas Man Sentenced to 36 Months for Tax Evasion
by DOJ Pressby DOJ PressKANSAS CITY, KAN. – A Kansas man was sentenced to 36 months in prison for tax fraud and ordered to pay $40 million in restitution to the Internal Revenue Service. …
- Department of Justice Press Releases
Pine Ridge Man Indicted for Robbery and Assault
by DOJ Pressby DOJ PressUnited States Attorney Dennis R. Holmes announced that a Pine Ridge, South Dakota, man has been indicted by a federal grand jury for Robbery, Assault with Intent to Commit a …
- Department of Justice Press Releases
Memphis Man Receives 10-Year Federal Sentence for Possession of Firearm While Shooting Girlfriend
by DOJ Pressby DOJ PressMemphis, TN – Terrence Mull, 36, has been sentenced to 120 months in federal prison for being a convicted felon in possession of a firearm. Joseph C. Murphy, Jr., United …
- Department of Justice Press Releases
Two Sentenced for Cheating on Coal Mine Dust Sampling
by DOJ Pressby DOJ PressLOUISVILLE, Ky. – Last week, in United States District Court in Louisville, Kentucky, Steve DeMoss and Ron Ivy, two former mine managers, were sentenced for repeatedly violating the Mine Safety …
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Today, Attorney General Merrick B. Garland announced the launch of Task Force KleptoCapture, an interagency law enforcement task force dedicated to enforcing the sweeping sanctions, export restrictions, and economic countermeasures …
- Department of Justice Press Releases
Seventeen Kentuckians Indicted for Animal Fighting Charges
by DOJ Pressby DOJ PressLEXINGTON, Ky.- In four separate indictments, issued by a federal grand jury sitting in London, 17 Kentuckians have been indicted with various offenses related to animal fighting and cruelty. In …
- Department of Justice Press Releases
Dozens arrested in 105-count narcotics indictment
by DOJ Pressby DOJ PressHOUSTON – A total of 50 people are now in custody following one of the largest major law enforcement operations in South Texas in recent years, announced U.S. Attorney Jennifer …