MILAN – Italian fashion group Tod’s expressed optimism for 2022 despite global uncertainties after returning to an operating profit last year. The leather goods maker beat market expectations on Thursday…
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,…