"business"

PORTLAND, Ore.—A Tigard, Oregon man is facing federal charges for sex trafficking by force and laundering proceeds through Necci Hydrate, a bottled water company based in Portland. Johnell Lee Cleveland, …

By Ron Bousso and Stephen Jewkes LONDON – Eni and BP have completed a deal to merge their oil and gas operations in Angola, the groups said on Friday, confirming …

Wilmington, DE – The Delaware State Police have identified two suspects wanted for multiple armed robberies and a police pursuit across state lines earlier this week. Robert Baker, 30, of …

By Anisha Sircar, Bansari Mayur Kamdar and Susan Mathew -European shares marked their biggest weekly gain this year, as signals from Russian President Vladimir Putin about a positive shift in …

(This March 9 story Corrects attribution of data for graphics and U.S. monthly revenue to Auto Rental News, instead of the American Car Rental Association) By Tina Bellon – The …

By Lucia Mutikani WASHINGTON – U.S. consumer sentiment fell more than expected in early March as gasoline prices surged to a record high in the aftermath of Russia’s war against …

LONDON – The London Metal Exchange (LME) defended its decision to suspend nickel trading and cancel deals earlier this week when prices doubled within hours, saying the market had become …

By Jan Strupczewski and Leigh Thomas VERSAILLES, France -European Union leaders pledged on Friday to cut their dependence on global suppliers of food, microprocessors, drugs, raw materials and digital technologies, …

WASHINGTON – U.S. President Joe Biden on Friday said the United States will revoke Russia’s “permanent normal trade relations” status to punish Moscow over its invasion of Ukraine. The change …

By David Gaffen HOUSTON – Oil industry conferences usually feature protesters of some kind, but the small group holding signs all week just a block away from the CERAWeek energy …

SAN JUAN, P.R. – On March 10, 2022, the Federal Grand Jury in the District of Puerto Rico returned an indictment charging Martín Scamaroni-Cintrón with money laundering violations related to …

SAN JUAN, PUERTO RICO – U.S. District Judge Francisco Besosa sentenced Ricardo Pérez-Delgado to a term of 480 months (40 years) in prison for his participation in a robbery resulting …

By Foo Yun Chee and Paul Sandle BRUSSELS/LONDON -European Union and British antitrust authorities launched parallel investigations on Friday into a 2018 online display advertising deal between Google and Facebook, …

-Discovery Inc shareholders voted Friday to approve the media company’s $43 billion merger with WarnerMedia, moving the deal one step closer to completion. Shareholders approved various measures, such as charter …

By Ernest Scheyder HOUSTON – U.S. regulators are warming to approving new domestic sources of electric vehicle battery metals, as Washington bids to avoid a reliance on strategic minerals imports …

By Sheila Dang -AT&T Inc expects to invest about $48 billion through the end of 2023 to expand its fiber internet and 5G wireless services, the U.S. wireless carrier said …

By Julie Gordon and Ismail Shakil – Canada posted a blockbuster job gain in February, easily beating expectations and more than wiping out January’s decline, while the unemployment rate dropped …

By Florence Tan SINGAPORE -Russian producer Surgutneftegaz has allowed Chinese buyers to receive oil without providing guarantees known as letters of credit (LC) in order to bypass Western sanctions, three …

By Nick Carey LONDON – Mercedes-Benz has 2 billion euros ($2.2 billion) in assets that could be threatened by Russian proposals to nationalise the property of foreign firms that leave …

By Peter Hobson LONDON – Gold prices are likely to rise to record highs as the risk that Russia’s attack on Ukraine will stifle the global economy increases demand for …

– Global bond funds saw big outflows in the week to March 9 due to a spike in crude oil prices and concerns over soaring inflation levels, amid intensifying conflict …

By Brenna Hughes Neghaiwi ZURICH – UBS aims to cut its financing of fossil fuel emissions by more than two-thirds by 2030, Switzerland’s biggest bank said on Friday, joining lenders …

By Marcela Ayres BRASILIA -Brazil’s central bank announced tougher rules for fintechs on Friday, saying that payment institutions will be subject to regulations based on their size and complexity and …

By Joan Faus BARCELONA – Spanish oil operator Meroil has no plans to sell its 50% stake in a joint venture with Russia’s Lukoil in a Barcelona oil terminal due …

By Elvira Pollina MILAN – Telecom Italia’s board meets on Sunday to give its long-delayed response to a 10.8 billion euro ($12 billion) takeover approach from U.S. fund KKR amid …