By Gergely Szakacs and Alan Charlish BUDAPEST/WARSAW -Russia’s invasion of Ukraine is putting pressure on central banks along the European Union’s eastern flank to prop up their weakening currencies, forcing …
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Governor Murphy’s COVID-19 Press Conferences End Today
by Phil Stiltonby Phil StiltonTRENTON, NJ – For two years, Governor Phil Murphy has held regularly scheduled COVID-19 press briefings to defend his actions during the pandemic. Those actions included prolonged business lockdowns, school …
- Financial News
Swiss to waive anti-trust rules for gas companies seeking new supplies
by Reutersby ReutersZURICH – Switzerland will waive anti-trust rules to allow gas companies to coordinate to find new supply and storage capacity to help the country cope with uncertainties caused by Russian …
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COPENHAGEN – Danish brewer Carlsberg said on Friday it would halt new investments into Russia and suspend exports of beer and other beverages to the country as a result of …
- Financial News
Toronto index set to rise for second week on commodity-linked gains
by Reutersby ReutersBy Amal S – Canada’s main stock index inched higher on Friday, and was on track to gain for a second consecutive week as commodity-linked shares advanced, although an escalating …
- Financial News
Nord Stream 1 says gas supplies to Europe via pipeline continue
by Reutersby ReutersMOSCOW – The operator of the operational Nord Stream 1 undersea gas pipeline from Russia to Germany said on Friday that transportation of natural gas to Europe was continuing normally. …
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MILAN – French luxury group Chanel has again increased prices on some of its products, after three price hikes in 2021, meaning some of its signature handbags now cost up …
- Financial News
Microsoft suspends sales in Russia as Western sanctions tighten
by Reutersby Reuters– Microsoft Corp said on Friday it was suspending new sales of its products and services in Russia, becoming the latest Western company to distance itself from Moscow after the …
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By Ann Saphir – Federal Reserve Bank of Chicago President Charles Evans on Friday said the U.S. central bank is on track to raising rates this year, though it may …
- Financial News
Analysis-Big Oil’s plastic boom threatens U.N.’s ‘historic’ pollution pact
by Reutersby ReutersBy John Geddie and Joe Brock NAIROBI – When the United Nations agreed a landmark deal to create the world’s first ever global plastic pollution treaty this week, every party …
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TORONTO – The Canadian dollar fell against its U.S. counterpart on Friday and was on track for a weekly decline as the intensifying war in Ukraine triggered a flight to …
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– The New York Stock Exchange Arca halted trading in three Russia-focused exchange traded funds (ETFs) on Friday, following tightening of economic sanctions by Western governments against Russia after its …
- Financial News
Instant view: US Feb payrolls blowout suggests max employment, yet tame wages
by Reutersby ReutersNEW YORK – U.S. employers hired far more workers than expected in February, pushing the labor market closer to maximum employment, but rising headwinds from geopolitical tensions could hurt business …
- Financial News
Russia’s S7 airline announces it is ceasing international flights
by Reutersby ReutersMOSCOW – S7, Russia’s biggest private airline and second largest overall, said on Friday it was ceasing all international flights as of Saturday after the Russian aviation sector was hit …
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US Store Pleads Guilty To Recruiting Drug Traffickers One Year After FBI Raid
A company that ran a store that rented safety deposit boxes in Beverly Hills, California, agreed to plead guilty to conspiring with its customers to launder drug money, the Los …
- Department of Justice Press Releases
Fraudulent check scheme sends Great Falls woman to prison for 26 months
by DOJ Pressby DOJ PressGREAT FALLS — A Great Falls woman who admitted to a fraudulent check scheme in which she used fake identifications and stolen checks to buy merchandise in the community was …
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A federal court in the Southern District of New York today unsealed the first-ever criminal indictment charging a violation of U.S. sanctions arising from the 2014 Russian undermining of democratic …
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PHILADELPHIA – The shipment may have been manifested as chicken vegetable soup, but Philadelphia U.S. Customs and Border Protection (CBP) officers soon realized that the brothy bouillon before them was …
- Financial News
U.S. money market funds see big inflows as Ukraine conflict intensifies
by Reutersby Reuters– U.S. investors were rushing to invest in money market funds as the conflict between Russia and Ukraine intensified, fuelling worries about inflation and economic growth. U.S. money market funds …
- Financial News
Analysis-Chinese brands stay put in Russia for now despite Western exodus
by Reutersby ReutersBy Josh Horwitz and Brenda Goh SHANGHAI – Chinese firms are staying put in Russia for the moment despite a growing exodus of Western companies – albeit bracing for growing …
- Financial News
Citigroup to hire new compliance chief, reporting to general counsel
by Reutersby ReutersNEW YORK – Citigroup Inc will search for a new compliance chief as its general counsel takes on oversight of compliance functions in keeping with a 2020 order from U.S. …
- Financial News
Panasonic plans new massive battery plant in U.S. to supply Tesla – NHK
by Reutersby ReutersTOKYO – Japan’s Panasonic Corp is looking to purchase land in the United States for a mega-factory to make a new type of electric vehicle (EV) battery for Tesla Inc, …
- Financial News
Mobile World Congress draws large crowd despite Ukraine conflict
by Reutersby ReutersBy Joan Faus and Supantha Mukherjee BARCELONA – Geopolitics and technology intertwined at the Mobile World Congress this week as more than 61,000 people gathered in the Spanish city of …
- Financial News
UK’s Sainsbury’s stops selling products 100% sourced from Russia
by Reutersby ReutersLONDON – British supermarket group Sainsbury’s has removed from sale all products that are 100% sourced from Russia in response to Russia’s invasion of Ukraine, it said on Friday. It …
- Financial News
Oil rally to power on as sanctions on Russia throttle market – Reuters poll
by Reutersby ReutersBy Seher Dareen – A rally that has driven oil prices to their highest in almost a decade shows no signs of abating, as supplies from top exporter Russia are …