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  • Financial News

    Hong Kong economy expected to grow 2.0%-3.5% in 2022- finance sec

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    HONG KONG – Hong Kong’s economy is expected to grow 2.0% to 3.5% this year after expanding 6.4% in 2021, as social restrictions to tackle a growing COVID-19 outbreak are …

  • Financial News

    Market over-reacted to proposed lowering of fees for Chinese food delivery platforms – state media

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    BEIJING -China’s state-run Economic Daily newspaper said on Wednesday the market had over-reacted to the government’s guidance that food delivery platforms should lower service fees. The policy was not intended …

  • Financial News

    Small businesses still struggling financially, Fed survey finds

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Jonnelle Marte – Small businesses continue to struggle financially and many are facing greater challenges with managing supply chain challenges and hiring enough workers, according to a survey released …

  • Financial News

    Nord Stream 2 pipeline not moving forward ‘at this point in time,’ White House says

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    WASHINGTON – The White House said on Tuesday the development of Nord Stream 2 is “not moving forward at this point in time” after steps by Germany to halt the …

  • Financial News

    Indian government may auction more debt in 2021/22 -sources

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI -The Indian government may hold more debt auctions after its last scheduled tender for the fiscal year on Friday, two people familiar …

  • Financial News

    U.S. market fallout from Russia-Ukraine strife may be brief, some strategists say

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Davide Barbuscia and Devik Jain -As the S&P 500 hovers near correction territory, Wall Street is gauging the further effect of the conflict between Russia and Ukraine on asset …

  • Financial News

    Lucid Group to recall over 200 cars due to possible safety issue

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    – Electric-vehicle maker Lucid Group said on Tuesday it would recall more than 200 of its premium sedans due to a possible safety issue, sending its shares down nearly 5%. …

  • Financial News

    Fundraising by Chinese private funds dives, slowing economy takes toll

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    SHANGHAI – Money raised by newly-launched private funds in China plunged 44% in January from a month earlier, latest official data showed, adding to evidence of rapidly-shrinking risk appetite amid …

  • Financial News

    COVID costs hit profit for Australia’s Woolworths as sales soar

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Byron Kaye and Harish Sridharan SYDNEY -Woolworths Group Ltd reported a slump in first half profit on Wednesday as COVID-19 lockdowns and mandatory staff isolation blew out costs, but …

  • Financial News

    Australian wages pick up in Q4, still not fast enough

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Wayne Cole SYDNEY -Australian wages picked up last quarter as a rapidly tightening labour market drove intense competition for workers, but annual growth was still short of levels that …

  • Financial News

    Shareholders approve Brazil’s Eletrobras privatization – report

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    SAO PAULO – Shareholders of Brazilian state-run power company Eletrobras approved on Tuesday the terms for the privatization of the company, according to a Valor Economico report citing sources. According …

  • Financial News

    Baby formula makers still breaking global marketing rules – report

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Jennifer Rigby LONDON – Almost all parents and pregnant women in China, Vietnam and the UK are exposed to “aggressive” formula milk marketing campaigns that breach global rules set …

  • Financial News

    Mexico’s Bimbo to increase its 2022 investment to $1.5 billion

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    MEXICO CITY -Mexican breadmaker Grupo Bimbo reported a 66.9% increase in fourth quarter net profit on Tuesday, driven by strong sales, lower financing costs and an effective income tax rate. …

  • Financial News

    Shares in Nubank rise as it narrows loss, boosts revenue

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Carolina Mandl and Noor Zainab Hussain – Shares in Nubank rose nearly 8% in after-hours trading on Tuesday as investors welcomed a narrower fourth-quarter loss at Latin America’s most …

  • Department of Justice Press Releases

    Former Lake Oswego Resident Sentenced to Federal Prison for Covid-Relief Fraud

    by DOJ Press February 22, 2022
    by DOJ Press February 22, 2022

    PORTLAND, Ore.—After fleeing federal prosecution and being re-arrested, a former Lake Oswego, Oregon, man was sentenced to federal prison today for stealing funds intended to help small businesses during the …

  • Georgia NewsPolice BlotterUS and World NewsViral News

    ‘Rest in power:’ Arbery’s killers guilty on all federal hate-crimes charges

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Rich McKay BRUNSWICK, Ga. -The three white men convicted of chasing down and murdering a young Black man, Ahmaud Arbery, as he was out jogging in their suburban Georgia …

  • Financial News

    MSCI details possible changes to Russian indexes in event of new sanctions

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    – MSCI said it had not taken any action on Russia following a volley of sanctions by Western governments, but signalled it would consider taking steps such as freezing Russian …

  • Financial News

    S&P 500 confirms correction; Ukraine-Russia crisis keeps investors on edge

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Caroline Valetkevitch NEW YORK – Wall Street’s main indexes fell on Tuesday, with the S&P 500 confirming a correction, as the Ukraine-Russia crisis kept investors on edge after Russian …

  • Financial News

    Biden voices support for new U.S. mines, if they don’t repeat past sins

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Ernest Scheyder and Steve Holland WASHINGTON – U.S. President Joe Biden on Tuesday touted progress by government and private industry to boost American production of minerals used to make …

  • Featured NewsFinancial News

    Oil settles near 2014 high on Russia-Ukraine escalation

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Laura Sanicola -Oil rose to nearly $100 a barrel on Tuesday, reaching its highest level since 2014 after Moscow ordered troops into two breakaway regions in eastern Ukraine. Benchmark …

  • Financial News

    Brazil sees private infrastructure capex nearly doubling in 2022

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    BRASILIA – Brazil’s government sees private investments of 78 billion reais ($15 billion) in infrastructure this year, up 95% from 2021, the economy ministry forecast, supporting its expectations that economic …

  • Financial News

    Exxon, PNG sign deal to clear way for P’nyang gas field

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    -Exxon Mobil Corp and its partners signed a deal with the Papua New Guinea (PNG) government, the U.S. energy giant said on Tuesday, paving the way for the development of …

  • Financial News

    CNH sees revenues rising to 2024 as new plan focuses on precision agriculture

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    MILAN -Italian-American vehicle maker CNH Industrial on Tuesday estimated total revenue growth of up to 24% through 2024 as it presented a new business plan after spinning off its truck, …

  • Financial News

    Brazil’s BRF turns quarterly and yearly profit despite domestic headwinds

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Ana Mano SAO PAULO -Brazilian food processor BRF SA turned a profit in the final quarter of 2021, traditionally a good period for food sales due to the holiday …

  • Financial News

    S&P 500 confirms correction as stocks stumble on war fears

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    By Chuck Mikolajczak NEW YORK – The S&P 500’s 1% slump on Tuesday confirmed that the world’s most watched stock index was in a correction for the first time since …

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