By Kantaro Komiya and Daniel Leussink TOKYO -Japan’s economic rebound was softer than initial estimates in the final quarter of 2021, revised data showed on Wednesday, as the pickup seen …
"business"
-
- US and World News
Big brands and oil ban punish Russia as Moscow makes new pledge on Ukraine refugees
by Reutersby ReutersBy Steve Holland and Pavel Polityuk WASHINGTON/LVIV, Ukraine – A U.S. ban on imports of Russia’s oil ratcheted up punishment for the invasion of Ukraine on Tuesday as McDonald’s and …
- Financial News
Global shares fall, oil rises in volatile trading after Russia oil ban
by Reutersby ReutersBy Elizabeth Dilts Marshall NEW YORK – Global share markets fell on Tuesday as oil prices climbed yet further, driven by the United States banning Russian oil and other energy …
- Financial News
With bans on Russian oil, energy execs tell governments: Work with us
by Reutersby ReutersBy Liz Hampton HOUSTON -With crude oil surging past $125 a barrel, oil company executives called on Tuesday for more favorable global government energy policy to help the industry resolve …
-
By Rachel Savage LONDON – Middle Eastern and Chinese sovereign wealth funds are likely to avoid new deals in Russia for now after its invasion of Ukraine, said the author …
- Financial News
Western economies on brink of recession as Russia sanctions escalate: Kemp
by Reutersby ReutersBy John Kemp LONDON -Recession in Europe and North America may be the inevitable price for defending freedom, resisting aggression and upholding international law in Ukraine. U.S. and European leaders …
- Financial News
Another platinum glut forecast for 2022 after huge surplus last year
by Reutersby ReutersBy Peter Hobson LONDON – The global platinum market was hugely oversupplied in 2021, the World Platinum Investment Council (WPIC) said on Wednesday as it predicted another large surplus of …
- Financial News
Credit Suisse faces investor call to cut lending for fossil fuels
by Reutersby ReutersBy Simon Jessop and Brenna Hughes Neghaiwi LONDON/ZURICH – Investors managing $2.4 trillion are calling on Credit Suisse to take tougher climate action, including cutting its exposure to fossil fuel …
-
By David Shepardson WASHINGTON -Twenty-two states urged a U.S. appeals court to uphold new federal rules to reduce vehicle emissions by 28.3% through 2026, after other states and industry participants …
- US and World News
Smartmatic can pursue election-rigging claims against Fox News, Giuliani
by Reutersby ReutersBy Jonathan Stempel NEW YORK -A New York state judge on Tuesday said Smartmatic can pursue its $2.7 billion defamation lawsuit claiming that Fox News Network, Rudolph Giuliani and others …
- Financial News
U.S. sanctions on Russian oil to leave more cargoes at sea with no buyers
by Reutersby ReutersBy Bozorgmehr Sharafedin LONDON – The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers, and the European Union’s decision …
- Financial News
Russia proposes nationalising foreign-owned factories that shut operations
by Reutersby ReutersCOPENHAGEN -A senior member of Russia’s ruling party has proposed nationalising foreign-owned factories that shut down operations in the country over what the Kremlin calls a special military operation in …
- Department of Justice Press Releases
Duluth Souvenir and T-Shirt Store Owner Sentenced to Prison for Tax Evasion
by DOJ Pressby DOJ PressDULUTH, Minn. – A Duluth man has been sentenced to one year and a day in prison and ordered to pay $620,362 in restitution for evading taxes by failing to …
- Department of Justice Press Releases
Dual U.S. / Russian National Charged With Acting Illegally As A Russian Agent In The United States
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, Matthew G. Olsen, the Assistant Attorney General for National Security, and Michael J. Driscoll, the Assistant Director-in-Charge …
- Department of Justice Press Releases
Purveyor of fake COVID-19 vaccines sentenced
by DOJ Pressby DOJ PressSeattle – A Redmond, Washington, man who held himself out as a biotech expert was sentenced today in federal court for introducing misbranded drugs into interstate commerce, announced U.S. Attorney …
- Financial News
Tesla’s Musk seeks to end SEC muzzle on tweets, could face uphill battle
by Reutersby ReutersBy Hyunjoo Jin, David Shepardson and Jonathan Stempel -Tesla Inc Chief Executive Elon Musk on Tuesday asked a federal judge to terminate his 2018 agreement with the top U.S. securities …
- Financial News
U.S. shale shortages to limit efforts to replace banned Russian oil
by Reutersby ReutersBy Arathy Somasekhar HOUSTON – U.S. shale producers are unlikely to replace banned Russian oil imports due to a shortage of oilfield materials, equipment and labor and a dwindling backlog …
-
-Coca-Cola Co and PepsiCo Inc said on Tuesday they are suspending sales of their sodas in Russia, becoming the latest high-profile Western consumer brands to curtail operations in the region …
- Financial News
Exclusive-French auditor questions SoftBank’s accounting at Pepper robot developer
by Reutersby ReutersBy Sam Nussey TOKYO – An auditor has questioned SoftBank’s bookkeeping at the French unit that designed its Pepper robot, documents show, casting doubt on the Japanese firm’s treatment of …
- Financial News
Wall St ends down in rocky session as U.S. bans Russian oil imports
by Reutersby ReutersBy Lewis Krauskopf, Devik Jain and Sabahatjahan Contractor – Major U.S. stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine …
- Financial News
Russian rouble ticks higher in little volume after stark losses
by Reutersby Reuters-The Russian rouble gained some lost ground on Tuesday in thin offshore trade after heavy losses triggered by Russia’s invasion of Ukraine, which have made it the worst-performing emerging market …
-
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK -The euro on Tuesday climbed from 22-month lows against the U.S. dollar hit the previous session, lifted in part by expectations that …
- US and World News
Do not sabotage Iran deal with new conditions, West tells Russia
by Reutersby ReutersBy Francois Murphy, John Irish and Parisa Hafezi VIENNA -Western powers on Tuesday warned Russia against wrecking an almost completed deal on bringing the United States and Iran back into …
- Financial News
Oil surges as U.S. bans Russian crude, Britain to phase out purchases
by Reutersby ReutersBy Shariq Khan BENGALURU -Oil prices settled around 4% higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year …
- Financial News
Tesla tells U.S. lawmakers Autopilot requires ‘constant monitoring’
by Reutersby ReutersBy David Shepardson WASHINGTON – Tesla Inc defended the safety benefits of its advanced driver assistance system Autopilot and its Full Self-Driving (FSD) capability but acknowledged they require “constant monitoring …