By Tom Sims, Carolyn Cohn and Jesús Aguado LONDON – Deutsche Bank said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks …
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Financial News
Uniqlo operator, Japan Tobacco to suspend some Russia operations in U-turn
by Reutersby ReutersTOKYO -Uniqlo owner Fast Retailing Co and Japan Tobacco Inc on Thursday said they would suspend some operations in Russia, in a U-turn by the Japanese consumer giants which had …
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Financial News
Credit Suisse aims to nearly halve emissions financing to fossil fuels by 2030
by Reutersby Reuters(This March 10 story corrects unit in paragraph 3 to 21.9 million tonnes (not 21.9 tonnes)) By Brenna Hughes Neghaiwi ZURICH – Credit Suisse set new targets on Thursday to …
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Financial News
Musk’s plan for Tesla-built batteries has an acceleration challenge
by Reutersby ReutersBy Hyunjoo Jin SAN FRANCISCO – Elon Musk wants to make cheaper batteries – fast. But the Tesla Inc chief executive is unlikely to hit ambitious targets for Tesla to …
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Financial News
Exclusive-Nokia set to replace Huawei gear in parts of Vodafone Idea’s India network – sources
by Reutersby ReutersBy Supantha Mukherjee and Abhirup Roy STOCKHOLM/MUMBAI – Nokia is in talks to replace Huawei 4G radio equipment from parts of Vodafone Idea’s telecom network in India, in one of …
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US and World News
Actor Jussie Smollett sentenced to probation, jail time for staging hate crime
by Reutersby ReutersBy Brendan O’Brien CHICAGO – A Chicago court on Thursday sentenced actor Jussie Smollett, one-time star of the TV drama “Empire,” to 30 months probation and 150 days in jail …
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STOCKHOLM – Volvo Cars will establish a tech hub in the Swedish capital of Stockholm it said on Friday, as it seeks to reach its goal to sell at least …
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Financial News
Major Toshiba shareholder Farallon calls on it to solicit buy-out offers
by Reutersby ReutersTOKYO – One of Toshiba Corp’s largest shareholders on Friday called on it to solicit buy-out offers, joining a chorus of investors who have opposed the Japanese conglomerate’s plan to …
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Financial News
Russian billionaire Moshkovich cuts stake in Rusagro to below 50%
by Reutersby Reuters– Billionaire Vadim Moshkovich, the founder and top shareholder of Russia’s Rusagro, has cut his stake in the farming conglomerate to below 50%, the London-listed company said after he was …
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A look at the day ahead in markets from Julien Ponthus. European markets are about to start trading with news emerging that Western nations are set to ramp up sanctions …
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By Paul Carrel BERN – While the rest of Europe grapples with surging prices, in Switzerland inflation is so tame that some key costs are actually falling. The price of …
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Financial News
Factbox – Airline hedging and surcharges offset some oil price pain
by Reutersby Reuters– The price of oil this week surged to its highest point since 2008 after Russia’s invasion of Ukraine, adding to airline costs at a time when carriers have been …
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Financial News
China premier confident of hitting 2022 growth target despite obstacles
by Reutersby ReutersBy Ryan Woo BEIJING – Chinese Premier Li Keqiang said on Friday he is confident of hitting this year’s economic growth target, despite headwinds including the war in Ukraine, pledging …
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Financial News
U.S. push to export LNG amid Ukraine crisis slowed by climate concerns, sources say
by Reutersby ReutersBy Jarrett Renshaw and Timothy Gardner WASHINGTON – White House efforts to boost U.S. liquefied natural gas exports and cut Europe’s reliance on Russian gas after the invasion of Ukraine …
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US and World News
U.S. to miss deadline for release of 9/11 probe documents, court filing shows
by Reutersby ReutersBy Andrea Shalal WASHINGTON – The U.S. Justice Department acknowledged on Thursday it would miss a deadline set by President Joe Biden’s executive order to review and release documents from …
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By Ernest Scheyder – California utility PG&E Corp is partnering with U.S. automaker Ford Motor Co to bring ‘bidirectional’ charging electric vehicles (EV) to its customers, the utility’s chief executive …
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Breaking NewsCentral Jersey NewsJersey Shore NewsNew Jersey NewsOcean County NewsPolitics
Armed Toms River Cops Guarded the Doors as Ocean County Republicans Voted in Secret During Annual GOP Convention
by Phil Stiltonby Phil StiltonTOMS RIVER, NJ – Ocean County GOP Chairman Frank Holman had all of the exits to the ballroom at the Days Inn on Route 37 secured by Toms River Police …
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Breaking NewsCommunity NewsFeatured NewsGovernment NewsMaryland NewsPolice Blotter
Amid budget surplus Maryland governor pushes for pause on gas tax
ANNAPOLIS, MD—Maryland’s state coffers are filled with cash, according to Governor Larry Hogan and now he wants to pause the state’s gas tax. Hogan said with a budget surplus reported …
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Financial News
Goldman Sachs cuts U.S. growth forecast as commodity prices bite
by Reutersby ReutersSINGAPORE – Goldman Sachs analysts downgraded their forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia’s invasion of Ukraine will hurt …
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Democrats Aim To Increase Taxes On Big Oil Amid Record Gas Prices Thomas Catenacci on March 10, 2022 A group of House and Senate Democrats introduced legislation Thursday that would …
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Disney CEO Opposes FL Parental Rights Bill After Media Pressure Campaign Laurel Duggan on March 10, 2022 Disney CEO Bob Chapek came out against Florida’s parental rights legislation Wednesday after …
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By Francesco Canepa FRANKFURT – The European Central Bank will stop pumping money into financial markets this summer, it said on Thursday, paving the way for an increase in interest …
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By Elizabeth Dilts Marshall NEW YORK – Global share markets slid on Thursday as U.S. inflation hit almost 8%, making it almost certain the U.S. Federal Reserve will raise interest …
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Financial News
Analysis-Oil shock is coming, but U.S. may have already paid for it
by Reutersby ReutersBy Howard Schneider WASHINGTON – The gusher of money the U.S. government poured into family bank accounts during the coronavirus pandemic, credited with speeding the rebound from the health crisis, …
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US and World News
Jobs open up for homeless people in UK labour market squeeze
by Reutersby ReutersBy William Schomberg WATFORD, England – When Zara Asamoah graduated early in the coronavirus pandemic, she had no fixed abode and her chances of finding work looked remote. Now, thanks …