"business"

By James Davey LONDON – Steve Rowe will step down as chief executive of Marks & Spencer in May after six years in the job, with the British retailer opting …

MANALAPAN, NJ – As most of New Jersey has gone into the $4 or more per gallon price range for gasoline, early this morning, the Valero station on Route 33 …

TOMS RIVER, NJ – Gas prices are climbing and in Ocean County, they are officially over $4 per gallon. Two days ago, we featured a few remaining stations still selling …

– The Russian government has banned exports of cars, airplanes and drones until the end of this year, the Russian TASS news agency said on Thursday. Earlier on Thursday, Russia …

By Rowena Edwards and Julia Payne LONDON – Oil majors BP and Shell have not offered spot diesel cargoes for sale on the German market for the last two weeks, …

By David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen said on Thursday that financial sanctions against Russia over its invasion of Ukraine were limiting China’s ability to buy Russian …

– U.S. household wealth rose to a record $150.3 trillion in the final quarter of last year, a Federal Reserve report on Thursday showed, a financial cushion that may keep …

– Russia will suspend exports of wheat, meslin, rye, barley and corn to the Eurasian Economic Union (EEU) until Aug 31 in a move to secure its home market with …

By Jonathan Stempel NEW YORK – Lev Parnas, convicted in October on campaign finance charges, will plead guilty to a conspiracy count concerning his work at a fraud insurance company …

By Bozorgmehr Sharafedin, Stephanie Kelly and Patricia Vicente  Rua LONDON – Retail gasoline and diesel prices soared to record highs in many countries across the world this week, prompting governments …

FRANKFURT – Deutsche Bank is aiming for higher annual revenue and a lower cost-to-income ratio by 2025, Germany’s largest lender said on Thursday as it mapped out its financial plans …

WILMINGTON, DE – Delaware State Police said a traffic stop involving an armed robbery turned into an interstate pursuit after suspects fled police on their way to Pennsylvania. According to …

By Samia Nakhoul, Ghaida Ghantous and Maha El Dahan DUBAI – By single-handedly knocking 13% off rocketing oil prices on one day this week, the United Arab Emirates demonstrated the …

By Rajesh Kumar Singh GREENVILLE, S.C. – General Electric Co on Thursday reiterated its 2022 earnings forecast, but said Russia’s invasion of Ukraine has added to business uncertainty. The Boston-based …

By Yoruk Bahceli and Dhara Ranasinghe – Euro zone sovereign bond yields soared and the euro dipped on Thursday after the European Central Bank said it plans to end its …

By Eric M. Johnson and Tim Hepher – Ethiopian Airlines has emerged as the unidentified buyer of five Boeing current-generation 777 freighters reported this week, two people familiar with the …

By Nina Chestney – European gas prices have risen as sanctions on Russia have been tightened over its invasion of Ukraine and amid fears of supply disruptions. Earlier this week, …

By Huw Jones LONDON – Companies in the United States and elsewhere will voluntarily use new global climate-related disclosures even if making them a mandatory requirement takes longer, the chair …

– Marsh & McLennan, the world’s largest insurance broker, said on Thursday it will exit all of its businesses in Russia. “We intend to transfer ownership of our Russian businesses …

By Seher Dareen – Gold steadied near the $2,000 an ounce level on Thursday, after big gyrations over the past couple of sessions, as its safe-haven appeal was supported by …

BERLIN – A short-term freeze on energy imports from Russia resulting from its invasion of Ukraine is likely to cause a collapse in German gross domestic product similar to that …

– Russia’s central bank said on Thursday that it was introducing restrictions on local firms’ access to foreign-currency cash for the next six months, the latest step to preserve precious …

By Sarah N. Lynch WASHINGTON – Requests by federal prisoners for compassionate release soared following the onset of the COVID-19 pandemic, but approvals were granted far less often in conservative-leaning …

By David Lawder WASHINGTON – Ukraine’s top government economic adviser Oleg Ustenko said on Thursday that invading Russian forces have so far destroyed at least $100 billion worth of infrastructure, …

– Russia sought on Thursday to retaliate against Western sanctions imposed over its invasion of Ukraine by banning exports of certain goods and agricultural commodities. Exporting telecom, medical, auto, agricultural, …