By Luc Cohen NEW YORK – A former Goldman Sachs banker charged with helping to embezzle hundreds of millions of dollars from Malaysia’s 1MDB sovereign wealth fund will go on …
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By Ron Bousso LONDON -Shell Chief Executive Officer Ben van Beurden on Feb. 7 sold 3.9 million pounds ($5.2 million) worth of the energy company’s shares, a company filing showed. …
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PARIS -Shares in the world’s largest cosmetics company L’Oreal dropped on Thursday as higher marketing spending put pressure on profitability, overshadowing forecast-beating sales and gains in market share. The company’s …
- Business News
Strong U.S., China demand makes Pernod Ricard more optimistic on sales outlook
by Reutersby ReutersBy Dominique Vidalon PARIS -Pernod Ricard is more optimistic about its outlook for fiscal year 2022 after strong demand in the United States, China and Europe helped the French spirits …
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By Victoria Klesty OSLO -DNB reported a 17% rise in fourth-quarter earnings on Thursday, in line with forecasts, as a relaxation of coronavirus restrictions boosted Norway’s largest bank. Net profit …
- Business News
Higher steel prices boost Thyssenkrupp amid supply chain strains
by Reutersby ReutersBy Christoph Steitz and Tom Käckenhoff FRANKFURT – Thyssenkrupp said on Thursday that operating profit rose nearly fivefold in its first quarter, as its two biggest divisions – steel and …
- Business News
AstraZeneca says COVID vaccine demand high in Latam, Middle East, Asia
by Reutersby ReutersFRANKFURT – Astrazeneca said global interest in government purchase agreements for its COVID-19 vaccine was driven by strong demand in Latin America, the Middle East and Asia, even as aggregate …
- Business News
ArcelorMittal raises dividend, announces new $1 billion capital return
by Reutersby ReutersBy Marine Strauss BRUSSELS – ArcelorMittal, the world’s second largest steelmaker, said on Thursday it would increase its dividend and announced a new $1 billion capital return for the first …
- Business News
India’s retail inflation likely reached RBI’s 6% upper limit in January: Reuters poll
by Reutersby ReutersBy Tushar Goenka BENGALURU – India’s retail inflation likely accelerated to 6.0% in January, the upper limit of the Reserve Bank of India’s tolerance band, driven by higher consumer goods …
- Business News
Upbeat Zurich Insurance lands highest profit since financial crisis
by Reutersby ReutersBy Carolyn Cohn and Paul Arnold LONDON -Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday, after the Swiss …
- Business News
Samsung’s newest Galaxy S smartphones have enhanced camera, faster chip
by Reutersby ReutersBy Joyce Lee SEOUL – Samsung Electronics unveiled the latest versions of its flagship Galaxy S smartphones on Wednesday which feature enhanced camera functions and a faster processor chip, hoping …
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By Matthieu Protard PARIS -Societe Generale struck a confident note for 2022 on Thursday after the French bank’s profit hit 1.79 billion euros ($2.05 billion) in the fourth quarter on …
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A look at the day ahead in markets from Sujata Rao Markets are enjoying a respite of sorts. With 10-year Treasury yields down five basis points from recent highs, the …
- Business News
New China tariff probe among options considered by Biden -U.S. Chamber
by Reutersby ReutersBy David Lawder WASHINGTON -The Biden administration is considering a new China tariff probe if talks fail to persuade Beijing to follow through on promised purchases of U.S. goods, energy …
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By Chandini Monnappa BENGALURU -Indian automaker Mahindra and Mahindra Ltd reported a 57% jump in third-quarter profit on Thursday, boosted by higher revenues that offset an increase in costs due …
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China hopes U.S. will remove tariffs, end sanctions to create conditions for trade
by Reutersby ReutersBEIJING – China hopes the United States will remove additional tariffs on Chinese goods and end its sanctions and crackdowns as soon as possible to create conditions for trade cooperation, …
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Exclusive-France’s Renault says it backs moratorium on deep-sea mining
by Reutersby ReutersBy Helen Reid JOHANNESBURG – French automaker Renault SA has backed a moratorium on deep-sea mining, the company told Reuters on Wednesday, committing to exclude seabed metals from its supply …
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Exclusive-France’s Renault says it backs moratorium on deep-sea mining
by Reutersby ReutersBy Helen Reid JOHANNESBURG – French automaker Renault SA has backed a moratorium on deep-sea mining, the company told Reuters on Wednesday, committing to exclude seabed metals from its supply …
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LONDON -Credit Agricole SA beat its 2022 profit target a year early as lower costs for troubled loans and rising revenues across business lines boosted fourth-quarter results beyond consensus, France’s …
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Olympics-Snowboarding-American ‘golden girl’ Kim blows away rivals to retain halfpipe title
by Reutersby ReutersBy Winni Zhou and Mari Saito ZHANGJIAKOU, China -American Chloe Kim cemented her position as one of the greats of women’s snowboarding with a commanding performance on Thursday to win …
- Department of Justice Press Releases
Jefferson Parish Man Sentenced for Mail Fraud
by DOJ Pressby DOJ PressNEW ORLEANS, LOUISIANA – KHANH BUI, age 45, a resident of Westwego, Louisiana, was sentenced on February 8, 2022 for mail fraud, announced U.S. Attorney Duane A. Evans. The Honorable …
- Department of Justice Press Releases
Serial Bank Robber Sentenced to 10 Years’ Imprisonment in Brooklyn Federal Court
by DOJ Pressby DOJ PressEarlier today, in federal court in Brooklyn, Gerod Woodberry was sentenced by United States District Judge Dora L. Irizarry to 10 years’ imprisonment for a series of bank robberies in …
- Department of Justice Press Releases
Passaic County Doctor Charged with 34 Counts of Unlawful Distribution of Controlled Substances
by DOJ Pressby DOJ PressNEWARK, N.J. – A Passaic County, New Jersey, doctor was charged today with multiple counts of illegally prescribing medicines to his patients, U.S. Attorney Philip R. Sellinger announced. Evangelos Megariotis, …
- Department of Justice Press Releases
Golden Meadow Man Sentenced to 135 Months Imprisonment for Possession of Child Sexual Abuse Material
by DOJ Pressby DOJ PressNEW ORLEANS, LA – U.S. Attorney Duane A. Evans announced today that EVERETT J. DILLON (“DILLON”), age 34, of Golden Meadow, Louisiana, was sentenced on February 8, 2022 for Possession …
- Department of Justice Press Releases
Former Ford County Resident Pleads Guilty to Charges Related to Domestic Terrorism
by DOJ Pressby DOJ PressURBANA, Ill. – Emily Claire Hari, formerly known as Michael B. Hari, 50, of the 200 block of First Street in Clarence, Illinois, pleaded guilty today to conspiracy to interfere …