By Luc Cohen – Opening statements in former Goldman Sachs banker Roger Ng’s U.S. corruption trial https://www.reuters.com/markets/us/rogue-employee-or-goldman-scapegoat-ex-bankers-1mdb-corruption-trial-kick-off-2022-02-10 over the looting of hundreds of millions of dollars from Malaysia’s 1MDB sovereign …
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Business News
Column-Funds on right side of historic U.S. bond market move: McGeever
by Reutersby ReutersBy Jamie McGeever ORLANDO, Fla. – Hedge funds look to be on the right side of the seismic moves in Treasuries that have propelled short-dated borrowing costs higher, intensified flattening …
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Business News
Boeing not concerned about titanium supply, watching other pinch points
by Reutersby ReutersBy Chen Lin SINGAPORE – Boeing Co is not concerned about a potential disruption to Russian titanium supplies because of tensions over Ukraine, but is keeping a close watch on …
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A look at the day ahead in markets from Dhara Ranasinghe. Central banks and their interest rate intentions are taking a back seat for markets on Monday, following warnings that …
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BEIJING -U.S. electric vehicle maker Tesla Inc sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday. Tesla, which is making Model 3 sedans and …
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Business News
Lockheed scraps $4.4 billion deal to buy Aerojet amid regulatory roadblocks
by Reutersby Reuters– U.S. arms maker Lockheed Martin Corp called off plans on Sunday to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion amid opposition from U.S. antitrust enforcers. …
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Business News
Analysis-Abundant lower-quality Asian wheat supplies to fill corn shortage
by Reutersby ReutersBy Naveen Thukral SINGAPORE – Record volumes of lower quality wheat from India and Australia are set to fill a gap left in Asia’s animal feed market by a shortage …
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By Nick Carey and Anthony Deutsch LONDON/UTRECHT, Netherlands – As electric vehicle (EV) sales rise, the big question for power grid operators, charging companies and governments is how to run …
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(This story fixes reference to last week in paragraph six) By John O’Donnell and Brenna Hughes Neghaiwi FRANKFURT – Weary Credit Suisse investors fear a long wait for the bank …
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Business News
Australia’s Crown Resorts backs $6.3 billion Blackstone bid, ending Packer era
by Reutersby ReutersBy Byron Kaye and Shashwat Awasthi SYDNEY – Crown Resorts Ltd backed a $6.3 billion buyout from private equity giant Blackstone Inc on Monday, giving billionaire James Packer an exit …
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TOKYO -Japanese beverage maker Kirin Holdings said on Monday it would withdraw from its business in Myanmar and terminate its joint venture with a military-linked partner. Kirin has been in …
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Business News
Commerzbank shares fall after finance minister says govt to shed stake in future
by Reutersby ReutersBERLIN – Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade on Monday after Germany’s Finance Minister said the government would not keep its stake in the lender …
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Business News
Singapore bank DBS profit rebounds, rates outlook improves outlook
by Reutersby ReutersBy Anshuman Daga SINGAPORE – DBS Group flagged strong business momentum after its profit rose to a record last year, cementing a recovery for Southeast Asia’s largest lender as pandemic-hit …
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MILAN – Shipping group MSC and airline Lufthansa are interested in buying a majority stake in Alitalia’s successor, ITA Airways, despite the airline’s history of failed privatisations and 170 million …
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SINGAPORE – HSBC said on Monday it has appointed Luanne Lim as the chief executive officer of its Hong Kong business, its biggest market, as the Asia-focussed bank looks to …
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Business News
Rio Tinto agrees heritage protection plan for West Australia iron ore project
by Reutersby Reuters– Rio Tinto said on Monday it has agreed a heritage protection plan with an Indigenous group for a project in West Australia as it looks to avoid a repeat …
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Entertainment NewsJersey Shore NewsMonmouth County NewsNew Jersey NewsOcean County NewsSports
Jersey Shore restaurant featured in Sopranos Chevy Silverado EV Super Bowl commercial does not have a charging station
by Phil Stiltonby Phil StiltonDuring Super Bowl LVI, Chevrolet ran a commercial showcasing their first-ever all-electric Silverado featuring a reunion between Meadow and A.J. Soprano that duplicated the intro to the hit HBO series …
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Delaware NewsPolice Blotter
One person reported dead in Seaford crash
by Phil Stiltonby Phil StiltonSeaford, DE- Delaware State Police are investigating a fatal single-vehicle crash that occurred early Sunday morning. On February 13, 2022, at approximately 7:15 a.m., a 2001 Toyota Tundra pickup truck operated …
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Florida NewsOMG!Police Blotter
Young girl recovering after falling from gondola at Florida State Fair
by Jeff Jonesby Jeff JonesTAMPA, FL – Police in Tampa are reporting a young girl is recovering after a fall from a gondola ride at the Florida State Fair Saturday Night. The incident happened …
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ROANOKE, VA – One person is in custody after Roanoke Police discovered a male with a critical gunshot wound in the area of Jefferson Street. Roanoke police reported on Saturday, …
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Florida NewsPolice Blotter
One killed after train struck vehicle on tracks
by Jeff Jonesby Jeff JonesLAKE WORTH BEACH, FL – One person is reported dead in Lake Worth Beach after their vehicle was struck by a Brightline Train. Police said the incident happened at around …
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COLUMBIA, MD – Howard County police are investigating a non-fatal shooting in Columbia Sunday afternoon in which two people were shot. Both victims have non-life-threatening injuries. At approximately 3:06 p.m., …
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Florida NewsPolice Blotter
Defuniak Springs road rage incident turns violent after several shots fired
by Jeff Jonesby Jeff JonesDEFUNIAK SPRINGS, FL – A road rage incident in Defuniak Springs has triggered an investigation after one of the participants began firing a gun at the other. The Walton County …
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Business News
Standard Chartered HK says it has qualified as direct CIPS offshore participant
by Reutersby ReutersSHANGHAI – Standard Chartered Bank (Hong Kong) Ltd said on Monday that it has become the first foreign bank qualified as a direct participant in China’s Cross-border Interbank Payment System …
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By William Schomberg LONDON – British employers expect to raise staff pay by the most in at least nine years but the 3% wage deals for workers would still be …