MOSCOW – Russia’s Central Bank Governor Elvira Nabiullina said Russia’s economy had come up against an extreme situation, something she said they had all hoped would not happen, in an …
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LONDON – Russia’s invasion of Ukraine will not have a dramatic impact on airline bookings in eastern Europe so long as the war does not escalate and spread, Ryanair boss …
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Financial News
Global banks eschew risk as they navigate Russia sanctions quagmire
by Reutersby ReutersBy Michelle Price and Sumeet Chatterjee WASHINGTON/HONG KONG – Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view of business with all Russian …
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PARIS – Airbus said on Wednesday it had stopped sending spare parts to Russia and supporting Russian airlines, but was analysing whether its Moscow engineering centre could keep providing services …
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HELSINKI – Finnish refiner Neste said on Tuesday its billion-dollar investment in a joint venture with U.S.-based oil company Marathon Petroleum Corp would make it the world’s first and only …
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Financial News
China set to approve 3rd batch of localities for digital yuan trials – state media
by Reutersby ReutersSHANGHAI – China will soon approve the third batch of localities set to launch trials of its digital yuan currency, state-backed financial outlet Securities Times reported on Wednesday. According to …
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By Heekyong Yang and Joyce Lee SEOUL -South Korea’s Hyundai Motor Co said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 …
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Financial News
Toshiba CEO suddenly resigns amid opposition to restructuring plans
by Reutersby ReutersBy Makiko Yamazaki and Junko Fujita TOKYO -Toshiba Corp said on Tuesday CEO Satoshi Tsunakawa has resigned – a sudden departure that comes after sources said revised restructuring plans sparked …
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A look at the day ahead in markets from Dhara Ranasinghe. When the yield on Germany’s benchmark Bund, considered one of thea safest assets in the world, posts its biggest …
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Financial News
World’s major companies lag on climate, some markets regress since Paris
by Reutersby ReutersBy Simon Jessop LONDON – The corporate world remains far from being aligned with global climate goals, and in some countries has gone backwards since a landmark agreement to cap …
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– Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax report on Wednesday, while trading …
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US and World News
Monica De La Cruz wins Republican primary in more competitive Texas district- AP
by Reutersby Reuters– Monica De La Cruz, a business owner endorsed by former President Donald Trump and House Republican leader Kevin McCarthy, won the crowded Republican primary for Texas’ 15th congressional district, …
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By James Oliphant WASHINGTON – U.S. President Joe Biden faced a formidable challenge in his first State of the Union speech, after a year in office buffeted by the COVID-19 …
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Financial News
Moscow Exchange won’t resume stock trading on Wednesday – central bank
by Reutersby ReutersMOSCOW – Russia’s central bank kept stock market trading on the Moscow Exchange suspended for a third day in a row on Wednesday, but said it would allow a limited …
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Financial News
Rivian raises EV prices by 20%, inviting customer ire, taunt from Musk
by Reutersby ReutersBy Hyunjoo Jin SAN FRANCISCO -U.S. electric vehicle startup Rivian Automotive Inc said on Tuesday it has increased selling prices of its vehicles by about 20% due to inflationary pressures …
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Department of Justice Press Releases
Suspect in Burglary at Poway Weapons & Gear Charged with Federal Firearms Offenses
by DOJ Pressby DOJ PressAssistant U. S. Attorneys Joseph Orabona (619) 546-7951 or Elizabet Brown (619) 546-8921 NEWS RELEASE SUMMARY – March 1, 2022 SAN DIEGO – Jaime Angel Zamora was arraigned today in …
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Department of Justice Press Releases
San Antonio Man Sentenced for Fraud Scheme
by DOJ Pressby DOJ PressSAN ANTONIO – A San Antonio man was sentenced today to 18 months in prison for a fraud scheme and tax evasion. According to court documents, from 2007 to 2016, …
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Financial News
Billionaire founder of Chinese hotpot chain Haidilao steps down as CEO
by Reutersby ReutersBEIJING – China’s Haidilao, which operates a chain of hotpot restaurants, said its billionaire founder Zhang Yong has stepped down as CEO and will shift his focus to long-term strategy …
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Financial News
Tokyo court to rule whether deputy helped former Nissan chief Ghosn hide $80 million
by Reutersby ReutersBy Tim Kelly TOKYO – A Japanese court will on Thursday deliver its verdict on former Nissan Motor director Greg Kelly who is accused of helping the automaker’s ousted chairman, …
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By David Shepardson, Jamie Freed and Foo Yun Chee -The United States will follow the European Union and Canada in banning Russian flights from its airspace, President Joe Biden said …
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Financial News
Apple stops product sales in Russia, adding to pressure from shippers, car makers
by Reutersby ReutersBy Jonathan Saul, Stine Jacobsen and Dawn Chmielewski -American big brands including Apple, Google, Ford and Harley-Davidson on Tuesday stopped sales and distanced themselves from Russia because of the invasion …
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By David Shepardson WASHINGTON -The U.S. government on Tuesday announced a ban on Russian flights from American airspace following similar moves by the European Union and Canada after Russia’s invasion …
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US and World News
Exclusive – U.S. utilities push White House not to sanction Russian uranium
by Reutersby ReutersBy Ernest Scheyder and Trevor Hunnicutt – The U.S. nuclear power industry is lobbying the White House to allow uranium imports from Russia to continue despite the escalating conflict in …
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Financial News
EV firm Faraday Future appoints AlixPartners’ Becky Roof as interim CFO
by Reutersby Reuters– Electric vehicle firm Faraday Future Intelligent Electric Inc said on Tuesday it appointed Becky Roof as interim chief financial officer. Roof, who serves as managing director with consulting firm …
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Atlantic County NewsBreaking NewsCape May County NewsCentral Jersey NewsCommunity NewsFeatured NewsJersey Shore NewsMonmouth County NewsNew Jersey NewsNorth Jersey NewsOcean County NewsSouth Jersey News
New Jersey’s new “safe passing” law goes into effect today, here’s what you need to know
TOMS RIVER, NJ – The shore is a busy place in the summer, full of pedestrians, skateboarders, and bicyclists coming and going between the beach, the boardwalk, and local businesses …