PARIS -French sugar and ethanol group Tereos on Wednesday reported a jump in third-quarter core earnings as high prices helped offset a poor harvest in Brazil. Tereos, the world’s second …
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A look at the day ahead in markets from Dhara Ranasinghe. Having fretted about rising sovereign bond yields just a short time ago, world stock markets now appear to be …
- Business News
Temasek, Salesforce.Com invest in Swiss climate specialist South Pole
by Reutersby ReutersZURICH – Climate finance specialist South Pole has won Singapore’s Temasek and the investment arm of Salesforce.Com Inc as minority investors after a new round of funding, the Swiss group …
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By Anait Miridzhanian -Akzo Nobel on Wednesday predicted a gradual easing in raw material inflation after the paints and coatings maker raised prices to cope with higher fourth-quarter costs. “Raw …
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By Takahiko Wada and Leika Kihara TOKYO – A surge in deposits caused by the government’s huge cash payouts is straining some Japanese lenders, complicating the central bank’s efforts to …
- Business News
SoftBank’s choice of New York for Arm listing deals a blow to London
by Reutersby ReutersBy Paul Sandle and John McCrank LONDON/NEW YORK -SoftBank’s decision to list British chip designer Arm is good news for New York, bad news for London and the best option …
- Business News
Honda posts 17% fall in Q3 operating profit but raises full-year view
by Reutersby ReutersTOKYO – Honda Motor Co raised its full-year operating forecast on Wednesday, aided by cost cutting and a weak yen despite a persistent global chip shortage. It upgraded its latest …
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– French funds manager Amundi said it exceeded its 2022 strategic targets on Wednesday, as it posted a strong rise in earnings helped by its retail business and expansion in …
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By Gaurav Dogra – Valuations of Asian equities dropped to a 21-month low at the end of January, as expectations of aggressive policy tightening by the Federal Reserve, and a …
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By Dhara Ranasinghe, Saikat Chatterjee and Davide Barbuscia LONDON -Almost overnight, inflation-linked bonds have become the hot ticket in global financial markets, pitting banks against hedge funds in a battle …
- Business News
U.S. December trade data reveals massive shortfall in China’s ‘Phase 1’ purchases
by Reutersby ReutersBy David Lawder WASHINGTON – U.S. goods exports to China fell in December, cementing a massive shortfall in Beijing’s two-year purchase commitments under the “Phase 1” trade deal negotiated by …
- Business News
Chinese funding of sub-Saharan African infrastructure dwarfs that of West, says think tank
by Reutersby ReutersBy Andrea Shalal WASHINGTON – China’s development banks provided $23 billion in financing for infrastructure projects in sub-Saharan Africa from 2007 to 2020, more than double the amount lent by …
- Department of Justice Press Releases
Larry Junior Hillbroom of Hope, Idaho, Sentenced for Conspiracy to Distribute Methamphetamine
by DOJ Pressby DOJ PressCOEUR D’ALENE – A Hope, Idaho man was sentenced to 96 months in federal prison for conspiracy to distribute methamphetamine. According to evidence presented in court, in 2015 and 2016, Larry …
- Department of Justice Press Releases
Tuba City Man Sentenced to 51 Months for Involuntary Manslaughter After Rollover Crash
by DOJ Pressby DOJ PressPHOENIX, Ariz. – Travis Ray Preston, 27, of Tuba City, Arizona, was sentenced yesterday by U.S. District Judge Steven P. Logan to 51 months in prison, followed by three years …
- Department of Justice Press Releases
Madison Man Sentenced to 6 Months in Prison for Embezzlement by a Bank Officer
by DOJ Pressby DOJ PressJackson, Miss. – A Madison man was sentenced to 6 months in prison for embezzlement by a bank officer, announced U.S. Attorney Darren LaMarca and Special Agent in Charge Jermicha …
- Department of Justice Press Releases
Three Buffalo Men Plead Guilty To Drug And Gun Charges
by DOJ Pressby DOJ PressCONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y.- U.S. Attorney Trini E. Ross announced today that Kevin Brown, 30, of Buffalo, NY, pleaded guilty before U.S. District Judge John …
- Department of Justice Press Releases
California Man Admits Laundering Money from Fraudulent SBA Loans and Business Email Compromise Fraud Scheme Targeting Law Firm
by DOJ Pressby DOJ PressNEWARK, N.J. – A California man pleaded guilty today to laundering money from fraudulently obtained Small Business Association (SBA) loans and from a law firm that was the victim of …
- Department of Justice Press Releases
Philadelphia man sentenced for role in drug trafficking enterprise
by DOJ Pressby DOJ PressMARTINSBURG, WEST VIRGINIA – Tyrone Kareem Thomas, of Philadelphia, Pennsylvania, was sentenced today to 57 months of incarceration for his role in a drug distribution enterprise, United States Attorney William …
- Department of Justice Press Releases
Two Maryland women admit to drug charges
by DOJ Pressby DOJ PressMARTINSBURG, WEST VIRGINIA – Christine Anders, of Hagerstown, Maryland, and Jackie Devon Thompson, of North Frederick, Maryland, have admitted to drug charges, United States Attorney William Ihlenfeld announced. Anders, 26, …
- Department of Justice Press Releases
Berkeley County woman sentenced for role in drug conspiracy
by DOJ Pressby DOJ PressMARTINSBURG, WEST VIRGINIA – Dallas Marie Harris, of Inwood, West Virginia, was sentenced today to time served for her role in a drug conspiracy that spanned several states, United States …
- Department of Justice Press Releases
Jefferson County sentenced for drug charge
by DOJ Pressby DOJ PressMARTINSBURG, WEST VIRGINIA – Antonio Junior Guerrero, of Ranson, West Virginia, was sentenced today to 87 months of incarceration for a drug charge, United States Attorney William Ihlenfeld announced. Guerrero, …
- Department of Justice Press Releases
Former Sun Prairie Electrical Contractor Sentenced to 18 Months for Failing to Pay Employment Taxes
by DOJ Pressby DOJ PressMADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Joseph Kott, 44, Sun Prairie, Wisconsin, was sentenced today by Chief U.S. District …
- Department of Justice Press Releases
Serbian-Hungarian Dual Citizen Pleads Guilty In Manhattan Federal Court To Multi-Million Dollar Business Email Compromise Scheme
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced today that DEJAN MEDIC pled guilty to participating in a business email compromise scheme that stole …
- Department of Justice Press Releases
Beaumont Man Guilty of Federal Drug Trafficking and Firearms Violations
by DOJ Pressby DOJ PressBEAUMONT, Texas – A Beaumont man has pleaded guilty to federal violations in the Eastern District of Texas, announced U.S. Attorney Brit Featherston today. Tywayne Marquis Parker, 26, pleaded guilty …
- Department of Justice Press Releases
Maryland Man Pleads Guilty to Possession with Intent to Distribute Over 500 Grams of Fentanyl
by DOJ Pressby DOJ PressBaltimore, Maryland – John Cooley, age 20, of Nottingham, Maryland, pleaded guilty today to possession with intent to distribute fentanyl. The guilty plea was announced by United States Attorney for …