SHANGHAI – China’s industry regulator has given China Evergrande New Energy Vehicle Group approval to start sales of its inaugural electric car, the Hengchi 5 sport utility vehicle, according to …
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Financial News
U.S. step to delist Chinese ADRs worsens investment, listing outlook
by Reutersby ReutersBy Xie Yu and Selena Li HONG KONG – The U.S. securities regulator’s move to identify Chinese firms likely to be delisted from New York for not meeting auditing requirements …
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– The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs …
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By Ludwig Burger -Sanofi’s shares slid 5% on Monday after a drug candidate to fight a common type of breast cancer failed to slow progression of the disease in a …
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Financial News
New wave of inflation – and disruptions – hits U.S. factory floors
by Reutersby ReutersBy Timothy Aeppel – Surging inflation is disrupting everything from carpools to the ability to quote prices on new business at already-strained U.S. factories. At BCI Solutions Inc., a metal …
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Financial News
Wall Street banks’ staff churn to double this year after bonus payouts – experts
by Reutersby ReutersBy Elizabeth Dilts Marshall NEW YORK – Staff turnover on Wall Street is set to surge in coming weeks as investment bankers who held off job-hunting during the pandemic cash …
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US and World News
U.S. funds projects on tackling waste from advanced nuclear plants
by Reutersby ReutersBy Valerie Volcovici and Timothy Gardner WASHINGTON – The U.S. Energy Department on Thursday announced $36 million for projects addressing toxic waste expected to come from a new generation of …
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Financial News
Pet collars and casual clothing mark pandemic shift in UK inflation basket
by Reutersby ReutersBy David Milliken LONDON – Pet collars and casual clothing are replacing takeaway doughnuts and men’s two-piece suits this year as Britain’s statisticians update their inflation calculations to account for …
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LONDON -HSBC announced on Monday it has agreed to sell its branch operations in Greece to local bank Pancreta Bank, as the lender further sharpens its focus on its biggest …
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Featured NewsUS and World News
NFL-Brady ends retirement, says he will play for Tampa next season
by Reutersby Reuters– Seven-time Super Bowl winning quarterback Tom Brady abruptly said he would end his brief retirement on Sunday, announcing his return to the Tampa Bay Buccaneers for a 23rd NFL …
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PARIS – French luxury group Kering said on Monday its Kering Eyewear division had signed an agreement to acquire U.S. high-end sunglass maker Maui Jim, Inc. for an undisclosed amount. …
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Financial News
Telecom Italia to start talks with KKR, explore Open Fiber merger
by Reutersby ReutersBy Elvira Pollina and Valentina Za MILAN -Telecom Italia said on Sunday it would start formal talks with KKR to assess the U.S. fund’s potential 10.8 billion euro ($11.8 billion) …
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A look at the day ahead in markets from Julien Ponthus. There’s arguably never a good time for the COVID-19 pandemic to make a comeback but the surging cases in …
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By Sam Nussey TOKYO -SoftBank Group Corp’s Vision Fund sold shares worth $1 billion in South Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of …
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By Simon Jessop, Tommy Wilkes and Tim Hepher LONDON/PARIS -Largely ignored by the growing ranks of Europe’s socially minded investors, defence firms see a fresh chance to argue for a …
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(Corrects surname in third-from-last paragraph to Brown in this March 8th story) By Lisa Pauline Mattackal and Medha Singh – Bitcoin’s been known to freak out when Elon Musk tweets …
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Financial News
Deutsche Bank to wind down in Russia, reversing course after backlash
by Reutersby ReutersBy Tom Sims, John O’Donnell and Frank Siebelt FRANKFURT -Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in …
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By Christina Amann and Nick Carey BERLIN – Carmakers including Volkswagen and BMW are scrambling to find alternative sources of vital parts made in Ukraine from as far afield as …
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By Howard Schneider WASHINGTON – In what now seem the simpler days of December, when there was only a pandemic to worry about, Federal Reserve officials rallied around the view …
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Financial News
Chinese tycoon’s ‘big short’ on nickel trips up Tsingshan’s miracle growth
by Reutersby Reuters(This March 13 story corrects size of Morowali industrial park in paragraph 20, and to show production data is for whole company, not only for its Sulawesi facilities, in paragraph …
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By Jorge Iorio and Eliana Raszewski BUENOS AIRES – Argentina has halted registration of export sales of soy oil and meal, the South American country’s government said in a statement …
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Breaking NewsCentral Jersey NewsCommunity NewsJersey Shore NewsOcean County News
Barnegat Lighthouse will be closed to the public starting Tuesday, until October
LONG BEACH ISLAND, NJ – One of New Jersey’s most famous and iconic lighthouses, the Barnegat Lighthouse, nicknamed “Old Barney” will close from March 15th until October for a restoration …
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By Stephanie Kelly NEW YORK – Oil prices fell on Sunday at the start of the session, extending last week’s decline, as a U.S. official said Russia was showing signs …
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Financial News
China’s ZTE headed to court over possible U.S. probation violation
by Reutersby ReutersBy Karen Freifeld – Lawyers for ZTE Corp have been summoned to U.S. federal court in Texas on Monday for a hearing over whether the Chinese telecommunications equipment maker violated …
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Financial News
Investors launch global standard for corporate climate lobbying
by Reutersby ReutersBy Simon Jessop LONDON – Investors stepped up pressure on corporate climate lobbying on Monday, launching a new 14-point action plan for companies to stick to or risk having their …