By Chibuike Oguh New York -The three main Wall Street stock indexes rallied on Tuesday, a day before an expected interest rate hike by the U.S. Federal Reserve, while oil …
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By Joori Roh SEOUL -South Korea’s annual unemployment rate fell to the lowest on record in February, with jobs growth staying at a near 22-year-high, though the increase was mainly …
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Zelenskyy: Ukraine ‘Must Admit’ Door Is Closed To Joining NATO Sebastian Hughes on March 15, 2022 Ukrainian President Volodymyr Zelenskyy said his country “must admit” that it will not join …
- US and World News
Activist Climate Group Files Legal Action Against Shell Oil Board Over Plan To Curb Emissions
Activist Climate Group Files Legal Action Against Shell Oil Board Over Plan To Curb Emissions Thomas Catenacci on March 15, 2022 An activist group specializing in climate litigation initiated a …
- Department of Justice Press Releases
San Fernando Valley Man Agrees to Plead Guilty to Illegal Gun Sales
by DOJ Pressby DOJ PressLOS ANGELES – A North Hollywood man has agreed to plead guilty to acting as an unlicensed gun broker by selling 16 rifles and handguns – many without serial …
- Financial News
For one Japanese salaryman, nearly a decade of $4 annual pay rises
by Reutersby ReutersBy Elaine Lies TOKYO – Japanese accountant Masamitsu has not travelled or gone to the cinema in years and rarely eats out. Instead, his annual salary of about $34,000 goes …
- US and World News
Biden plans first Europe visit since Ukraine invasion as refugees surpass 3 million
by Reutersby ReutersBy Pavel Polityuk, Natalia Zinets and Omer Berberoglu LVIV, Ukraine/KYIV – U.S. President Joe Biden will make his first visit to Europe since the invasion of Ukraine to discuss the …
- Financial News
Buttressing Greenland – a bailout in China’s distressed property sector
by Reutersby ReutersBy Engen Tham and Xie Yu SHANGHAI/HONG KONG – Greenland Holdings Corp Ltd, a major Shanghai-based Chinese state-backed property developer responsible for marquee projects at home and abroad, was scrambling …
- Financial News
Analysis-BoE’s Bailey heads into tough third year with criticisms ringing
by Reutersby ReutersBy William Schomberg and David Milliken LONDON – Andrew Bailey is leading the Bank of England into one of its most complex challenges in decades while facing criticism of his …
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By Chuck Mikolajczak NEW YORK – U.S. stocks rallied on Tuesday and the S&P 500 ended a 3-day skid as another drop in oil prices and a softer-than-expected reading on …
- Financial News
Japan March manufacturers’ mood up, Ukraine crisis clouds outlook – Reuters Tankan
by Reutersby ReutersBy Kantaro Komiya TOKYO – Japanese manufacturers’ business confidence improved for the first time in three months in March, as automakers became less pessimistic, though firms feared a fresh surge …
- Financial News
Explainer-Can Russia pay its creditors, and what happens if not?
by Reutersby Reuters– Russia is due to pay $117 million in interest on two dollar-denominated sovereign bonds on Wednesday – the first such payments since its invasion of Ukraine which sparked a …
- Department of Justice Press Releases
KC Man Sentenced to 15 Years for Armed Robbery Conspiracy
by DOJ Pressby DOJ PressKANSAS CITY, Mo. – A Kansas City, Missouri, man was sentenced in federal court today for his role in a series of armed business robberies in Kansas City and Independence, …
- Department of Justice Press Releases
Former Bank Employee Indicted in $8 Million Fraud and Bribery Scheme
by DOJ Pressby DOJ PressNEWARK, N.J. – A Morris County, New Jersey, man was indicted for his role in a conspiracy to bilk millions of dollars from a bank, U.S. Attorney Philip R. Sellinger …
- Department of Justice Press Releases
New York Man Pleads Guilty to COVID-19 Relief Fraud Scheme
by DOJ Pressby DOJ PressBOSTON – A New York Man pleaded guilty today to charges arising from a scheme to fraudulently obtain business loans and unemployment pandemic relief funds made available under the Coronavirus …
- Financial News
Mexico’s Grupo Aeromexico shares slump after public tender offer closes
by Reutersby ReutersMEXICO CITY, Mar 15 – Mexico’s Grupo Aeromexico shares plunged for a fourth day in a row on Tuesday after nearly a fifth of the company’s capital was sold at …
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By Stephanie Kelly NEW YORK -Oil prices tumbled more than 6% on Tuesday to their lowest in almost three weeks, as Russia suggested it would allow a revival of the …
- Financial News
Russia rouble payment of USD coupons would be a sovereign default -Fitch
by Reutersby ReutersNEW YORK – Credit ratings agency Fitch said on Tuesday that if Russia were to make two U.S. dollar bond coupon payments due Wednesday in roubles, it would constitute a …
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NEW YORK – Net foreign inflows into Treasuries rose for a third straight month in January in the amount of $74.36 billion, data from the U.S. Treasury department showed on …
- Financial News
Trafigura seeks funding as commodity surge triggers margin calls – Bloomberg News
by Reutersby Reuters– Global commodities trader Trafigura Group has been holding talks with private equity groups to secure additional financing as soaring prices trigger margin calls across the commodities industry, Bloomberg News …
- Financial News
Lilly, Novartis join drugmakers in scaling back operations in Russia
by Reutersby Reuters-A growing number of drugmakers including Eli Lilly and Co, Novartis and Abbvie Inc are scaling back business in Russia after Moscow’s invasion of Ukraine, but still pledge to continue …
- Department of Justice Press Releases
Three Charged in Drug Trafficking Conspiracy that Distributed Over 1,100 Pounds of Cocaine in the Cleveland Area
by DOJ Pressby DOJ PressFederal law enforcement officials today announced the arrest of three men charged in a 30-count indictment for their roles in a drug trafficking conspiracy that is alleged to have brought …
- Department of Justice Press Releases
U.S. Attorney Dena J. King Announces The Successful Forfeiture And Return Of Stolen Cryptocurrency To Elderly Man Victimized By Government Imposter Scam
by DOJ Pressby DOJ PressCHARLOTTE, N.C. – U.S. Attorney Dena J. King announced today the civil forfeiture and return of cryptocurrency worth hundreds of thousands of dollars that was stolen from an older adult …
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– U.S. retail chain Walmart Inc plans to hire more than 5,000 new associates globally to its tech hubs during the current fiscal year, the company said on Tuesday. The …
- Financial News
Sanctioned Russian oligarch steps down from board of BASF’s oil joint venture
by Reutersby ReutersBy Ludwig Burger and Thomas Escritt BERLIN – Wintershall Dea AG said on Tuesday Russian oligarch German Khan, who was sanctioned by the European Union, was stepping down from its …