LONDON – The London Metal Exchange (LME) will temporarily stop publishing official and closing nickel prices, it said following its suspension of trading in the metal on Tuesday after prices …
"business"
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By Kate Abnett BRUSSELS – The European Commission published plans on Tuesday to cut EU dependency on Russian gas by two-thirds this year and end its reliance on Russian supplies …
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By Arathy Somasekhar and Marianna Parraga HOUSTON – The United States is expected to ban imports of Russian oil as soon as Tuesday, sources familiar with the matter said, in …
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By Tommy Wilkes and Sujata Rao LONDON – From European banks to the Polish zloty, Moscow’s invasion of Ukraine has triggered massive price falls as well as a number of …
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WASHINGTON – U.S. wholesale inventories increased solidly as initially estimated in January, but the pace slowed significantly from the prior month, which could result in inventories making little or no …
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By Byron Kaye SYDNEY -Qantas Airways Ltd expects airfares will need to rise to cover the cost of higher fuel prices as its oil hedging contracts expire, its chief executive …
- Financial News
Luxury carmaker Ferrari suspends production of vehicles for Russian market
by Reutersby ReutersMILAN – Luxury carmaker Ferrari said on Tuesday it would suspend exports to Russia due to Moscow’s invasion of Ukraine. “Given the ongoing situation Ferrari has taken the decision to …
- Business News
Steward Partners Global Advisory Welcomes Ramapo Wealth Advisors, a New Jersey-based $600 Million Team
by Your Newsby Your NewsWASHINGTON, March 8, 2022 —Â Steward Partners Global Advisory, LLC, an employee-owned, full-service independent partnership associated with Raymond James Financial Services, Inc. (member FINRA/SIPC), welcomes its newest partner firm, Ramapo Wealth …
- Financial News
JPMorgan exec says markets too treacherous to update Q1 revenue outlook
by Reutersby Reuters-The head of markets for JPMorgan Chase & Co said on Tuesday that markets are too treacherous to update the firm’s first-quarter outlook for trading revenue. “The markets are extremely …
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By Huw Jones, Francesco Guarascio and Jonathan Saul BRUSSELS/LONDON – Russia faces further economic sanctions, as European officials prepared to meet on Tuesday to debate new restrictions, and more investors …
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Gloucester Township Police Capture Copper Thief
GLOUCESTER TOWNSHIP, NJ – The Gloucester Police Department conducted a stakeout in an attempt to catch a copper thief that has been burglarizing work vehicles stored in a yard at …
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By Shanima A -The British franchisee of pizza chain Domino’s is expecting more cost inflation this year and has hedged itself against wheat prices which have soared in response to …
- Financial News
No sacred cows as Danone reviews assets to ramp up revenue growth
by Reutersby ReutersBy Dominique Vidalon PARIS -French food group Danone targets 3-5% annual sales growth over three years and will step up investment in its brands and part with non-performing assets under …
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Gas Prices Hit All-Time High As White House Turns To Dictators For Help Thomas Catenacci on March 7, 2022 The average price of gasoline surged to the highest level ever …
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AUBERVILLIERS, France – French carmaker Renault unwrapped its new Austral SUV on Tuesday, marking its latest effort to compete in the compact car segment while moving upmarket with a top-of-the-range …
- Financial News
China’s economic stability can support global growth amid Ukraine crisis- Citigroup
by Reutersby Reuters– The Russia-Ukraine crisis will dent global growth as oil and commodity prices soar, but the hit will be somewhat cushioned by China’s push for economic stability and the strength …
- Financial News
Dollar Tree settles with activist Mantle Ridges, adds Dreiling to board
by Reutersby Reuters– Dollar Tree Inc on Tuesday reached a settlement with activist investment firm Mantle Ridge and is adding seven new directors to its board, including a former chief executive from …
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By Valentina Za MILAN – European bank stocks have lost a fifth of their value since Russia invaded Ukraine last month. Western sanctions against Moscow have upended the financial sector, …
- Financial News
Palladium firms near record, gold accelerates as Ukraine worries mount
by Reutersby ReutersBy Bharat Gautam – Palladium hovered marginally below an all-time peak in volatile trading on Tuesday as the Russia-Ukraine crisis fuelled worries of a supply squeeze of the metal, while …
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CHICAGO – General Electric Co on Tuesday said it is suspending operations in Russia, with the exception of providing essential medical equipment and supporting existing power services in the region. …
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By Praveen Paramasivam – Levi Strauss and Ralph Lauren are among U.S. apparel brands likely to be worst hit by Russia’s invasion of Ukraine which is again clogging supply chains …
- Financial News
Putin signs law allowing government to quickly raise pensions – RIA
by Reutersby Reuters– Russian President Vladimir Putin has signed a law allowing his government to quickly raise pensions, part of a set of anti-crisis measures after Russia was hit by a wave …
- Financial News
White House is likely to ban oil imports from Russia -U.S. Senator Coons
by Reutersby ReutersWASHINGTON – The White House is likely to ban Russian oil imports and is working closely with European allies on the issue, Democratic U.S. Senator Chris Coons said on Tuesday. …
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-Shell stopped buying Russian crude on Tuesday and said it would phase out its involvement in all Russian hydrocarbons from oil to natural gas over Ukraine, becoming one of the …
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By Howard Schneider WASHINGTON – One-year U.S. inflation expectations have rocketed higher since Russia’s invasion of Ukraine and the longer-term outlook has begun increasing as well, a development likely to …