St. Paul, Minn. — As another chapter in the criminal saga of the George Floyd justice proceeding comes to a close, three cops associated with his death have been convicted …
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Appeal court acquits former BT Italy exec on false accounting charge
by Reutersby ReutersMILAN – A Milan appeals court has acquitted Stefania Truzzoli, former chief operating officer at BT Italy, of alleged false accounting at the Italian unit of British Telecom in 2015 …
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ECB ready to do what is needed in face of Ukraine invasion, Lagarde says
by Reutersby ReutersFRANKFURT – The European Central Bank is ready to do whatever is needed to “ensure price stability and financial stability in the euro area”, ECB President Christine Lagarde said on …
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Ukraine’s Kuleba discusses with Blinken need to use U.S. reach to ban Russia from SWIFT
by Reutersby Reuters– Ukraine’s foreign minister Dmytro Kuleba spoke with U.S. Secretary of State Antony J. Blinken via telephone about the need to use all U.S. influence on some hesitant European countries …
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BRUSSELS – Excluding Russia from the global SWIFT system of interbank payments should be an option given the scale of Moscow’s invasion of Ukraine, Dutch Foreign Affairs Minister Wopke Hoekstra …
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LONDON – International companies with exposure to Russia are girding for further Western sanctions following Moscow’s invasion of Ukraine. Here’s a list of some of the companies, by region: EUROPEAN …
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WASHINGTON – Contracts to buy U.S. previously owned homes dropped for a third straight month in January amid record low inventory. The National Association of Realtors (NAR) said on Friday …
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Evergrande sells four projects to state-owned firms for $337 million
by Reutersby ReutersHONG KONG -China Evergrande Group said on Friday it sold stakes and “right to debt” in four developments to two state-owned trust firms for 2.13 billion yuan ($337.35 million), in …
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Cellnex’s core earnings grow 63%, says Germany remains a target
by Reutersby ReutersBy Joan Faus BARCELONA -Cellnex remains interested in expanding into Germany Europe’s largest mobile phone tower operator said on Friday after it reported a 63% rise in adjusted core earnings …
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LONDON – The London Metal Exchange (LME) on Friday ordered any of its members who have positions with individuals or entities subject to Russian sanctions not to make payments to …
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U.S. trade relationship with China “getting more difficult” – USTR
by Reutersby ReutersWASHINGTON – The trade relationship between the United States and China is “extremely difficult and getting more difficult,” U.S. Trade Representative Katherine Tai said on Friday. Tai said she has …
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Brazil’s Vale expects Russia-Ukraine conflict to affect price of nickel, pellets
by Reutersby Reuters– Executives of miner Vale SA said on Friday that Russia’s invasion of Ukraine has led to speculation in the price of nickel, and they expect the conflict to also …
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New Jersey Man Heading to Prison After Selling $8.2 Million Worth of HIV Medication Stolen from the U.S. Veterans Administration
by Phil Stiltonby Phil StiltonLYNDHURST, NJ – Over $8 million worth of HIV medicine intended to be prescribed to U.S. military veterans was stolen by a Veterans Administration employee and sold to a Lyndhurst …
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Renault to temporarily shut some Russian operations due to components shortage
by Reutersby ReutersBy Gleb Stolyarov MOSCOW – French carmaker Renault will suspend some operations at its car assembly plants in Russia next week due to logistics bottlenecks that have caused component shortages, …
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No Russian showcase, bans for ‘handful’ of firms at Mobile World Congress – organizer
by Reutersby ReutersBy Joan Faus and Supantha Mukherjee BARCELONA/STOCKHOLM – There will be no Russian pavilion at the telecoms industry’s biggest annual gathering and a “handful” of Russian firms will be barred …
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Feds say Pennsylvania Man Illegally Represented Himself as Immigration Attorney to Commit Fraud
CAMDEN, N.J. – A Philadelphia man has been charged for falsely filing immigration documents and identity theft against victims who thought he was an immigration attorney. The federal government alleges …
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By Alexander Marrow and Andrey Ostroukh MOSCOW – Clients of some Russian banks under western sanctions will no longer be able to use their cards abroad or with mobile payment …
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– U.S. investors purchased money market funds and withdrew cash from higher risk equity funds in the week to Feb. 23, as a rush for safety dominated markets in the …
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Developer Proposes 12 Acre Warehouse Project in Jackson
by Phil Stiltonby Phil StiltonJACKSON TOWNSHIP, NJ – A developer is proposing to build a 12-acre commercial warehouse subdivision just one mile north of the Adventure Crossing project where the township of Jackson had …
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Philip Morris suspends Ukraine operations after Russian invasion
by Reutersby Reuters– Tobacco giant Philip Morris International Inc said on Friday it would temporarily suspend its operations in Ukraine, including at its factory in Kharkiv, following the Russian invasion of the …
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Investors rush to money market funds in days before Russia’s Ukraine invasion
by Reutersby Reuters– Investors rushed for the safety of global money market funds while ditching equities for a second week in the seven days to Feb. 23 as risk aversion dominated markets …
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U.S. core capital goods orders, shipments increase solidly in January
by Reutersby ReutersWASHINGTON – New orders for U.S.-made capital goods increased more than expected in January, while shipments surged, suggesting an acceleration in business spending on equipment early in the first quarter, …
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Russia’s invasion of Ukraine may pressure light-vehicle sales growth – data
by Reutersby Reuters– Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales this year, auto industry consultants J.D. Power and LMC Automotive said in a joint …
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Emirates warns Airbus over A350 deliveries amid paint row -report
by Reutersby Reuters– Dubai’s Emirates has told Airbus it will not take delivery of A350 passenger jets that it has ordered if they have surface problems similar to those reported by Qatar …
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TORONTO – National Bank of Canada beat analysts’ estimates for quarterly profit on Friday, as earnings rose 23% from a year earlier, driven by strength in its wealth management and …