By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO -Sri Lanka will begin talks with the International Monetary Fund (IMF) next month on a plan to help the crisis-hit country, where a…
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…