"business"

By Jonathan Stempel -Warren Buffett’s Berkshire Hathaway Inc revealed a more than $5 billion stake in Occidental Petroleum Corp, as oil prices soared to their highest level in about a …

By Uditha Jayasinghe COLOMBO – Sri Lanka’s central bank on Monday set an exchange rate limit of 230 rupees to the dollar, effectively allowing a currency depreciation it hopes will …

By Hyunjoo Jin SAN FRANCISCO – Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla Chief Executive Elon Musk and other …

By Svea Herbst-Bayliss -Billionaire investor Ryan Cohen said on Sunday he now owns nearly 10% of Bed Bath & Beyond and wants the housewares retailer to explore strategic alternatives that …

By Giuseppe Fonte ROME -Prime Minister Mario Draghi has approved a decree allowing Italy’s state broadcaster RAI to cut its holding in towers unit Rai Way below 51%, three government …

By David Shepardson WASHINGTON -United Airlines said on Monday it has indefinitely suspended two flights to India after halting flights that flew over Russia last week. The Chicago-based airline said …

By Federica Urso – The number of women employed in senior management of the UK financial sector will take 30 years to reach parity with men at the current pace, …

By Sachin Ravikumar -Board members at Russian companies, including the British chairmen of gold and silver producer Polymetal and metals and hydropower group EN+, have quit in response to the …

ALBUQUERQUE – A federal jury sitting in Albuquerque on March 2 returned a verdict finding Nick L. Medeiros, 49, and Bobby D. Greaves, 62, both of San Antonio, Texas, guilty …

NEW ORLEANS – U.S. Attorney Duane A. Evans announced that STACEY V. SANTEMORE, SR., age 46, formerly of New Orleans but now a resident of Houston, Texas, was charged on …

By Huw Jones LONDON – It will be years before the full impact of Brexit on Britain’s financial sector is fully known as more activity could leave London for the …

By David Shepardson WASHINGTON -The U.S. Environmental Protection Agency (EPA) on Monday said it was proposing new rules to cut smog-forming and greenhouse gas emissions from heavy duty vehicles. The …

By Carolyn Cohn LONDON – European asset managers Carmignac and Fidelity International will no longer buy Russian securities, they said on Monday, joining a string of fund managers who have …

By Peter Hobson LONDON – The London Bullion Market Association (LBMA) said on Monday it had suspended its accreditation of six Russian precious metals refiners, meaning they will no longer …

By Sruthi Shankar, Susan Mathew and Bansari Mayur Kamdar – European stocks ended off session lows on Monday, helped by a 4.3% rally in energy stocks as oil prices rose …

CLINTON, MARYLAND – Nakisha Mebane from Clinton won a $65,519.71 jackpot on the Monopoly Second-Chance promotion. This is the first of six Cash Jackpots that will be awarded during this …

TOMS RIVER, NJ – Shore area legislators are hoping their bill to create a $5,000 income tax exemption for volunteer firefighters and EMTs passes on the floor of the senate …

By Leigh Thomas PARIS – As Emmanuel Macron launches his campaign for a second term in April’s presidential election, he can count on an economic boom that French voters have …

By Huw Jones LONDON – Banks need to be given more guidance on how to sever ties with Russia because they have never before had to process sanctions on a …

WASHINGTON -Financial markets have functioned well since Russia invaded Ukraine and the West hit Moscow with crippling sanctions, but markets are showing some signs of strain, U.S. Treasury Undersecretary for …

Stock Market Sinks, Oil Tops $130 As West Considers Russian Energy Sanctions Thomas Catenacci on March 7, 2022 The stock market dropped during early trading Monday after the U.S. benchmark …

By Brijesh Patel – Palladium eased off a record high on Monday after Russian and Ukrainian officials held a third round of ceasefire talks, prompting some investors to lock in …

By Alexander Cornwell RIYADH – Russia’s invasion of Ukraine has catapulted defence spending up the political agenda in Europe and could herald a new era of purchases led by Germany, …

By Huw Jones LONDON -Deloitte and EY will sever links with Russia, they said on Monday, mirroring moves by fellow Big Four accounting and consultancy firms KPMG and PwC. The …

– Citigroup Inc said on Monday its unit Citi Commercial Bank (CCB) will hire 900 staffers, including 400 commercial bankers, over the next three years in a bid to fast-track …