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Jersey City man found guilty of murder in 2021 double fatal shooting
JERSEY CITY, NJ — A Hudson County jury has convicted Omire Rios-Williams in connection with a 2021 double fatal shooting that left two men dead and four others wounded in Jersey City,…
Retailer Carrefour’s shares rise after confident outlook and record 2021 cash generation
PARIS – Carrefour shares opened 2.8% higher on Thursday as investors cheered record cash generation in 2021 and a confident outlook for 2022, reflected in a new share buyback plan of 750…
Ecuador says mining exports nearly doubled in value in 2021 to $2 billion
By Alexandra Valencia QUITO – Ecuador’s mining exports in 2021 nearly doubled in value from the previous year to $2.09 billion, beating government expectations, the Ministry of Energy said on Wednesday. President…
Saudi PIF held nearly $56 billion of U.S.-listed stocks in December 2021
DUBAI – Saudi sovereign wealth fund PIF held nearly $56 billion worth of U.S.-listed stocks as of December last year, up from $43.4 billion at the end of September, boosted by the…
U.S. judges faced over 4,500 threats in 2021 amid rising extremism -official
By Sarah N. Lynch WASHINGTON – U.S. federal judges were the target of more than 4,500 threats and other inappropriate communications last year, the head of the U.S. Marshals Service said on…
Italy fashion group OTB posts 2021 revenue bounce back to pre-pandemic levels
MILAN – Italian fashion company OTB said on Thursday that last year’s 16% rise in revenue to pre-pandemic levels would boost its organic growth plans after the group bought German label Jil…
U.S. household debt increased by $1 trillion in 2021, the most since 2007
By Jonnelle Marte – U.S. consumer debt loads grew in 2021 by the largest amount in 14 years as people ramped up borrowing to afford homes, cars and other goods that are…
US Trade Deficit Reached Record High In 2021 As Imports Surged
The U.S. trade deficit continued to grow in December as the import-export gap widened to record highs in 2021, the Census Bureau reported Tuesday. The trade deficit grew by 1.8% in December…
DP World posts 9.4% rise in 2021 container volumes
DUBAI – Ports giant DP World on Monday reported a 9.4% rise in 2021 container volumes, though growth rates moderated in the fourth quarter which the Dubai state company said was expected…
Bank of America CEO’s pay rises more than 30% for 2021
NEW YORK -Bank of America Corp Chief Executive Brian Moynihan’s total compensation for 2021 rose by $7.5 million, or more than 30%, a regulatory filing showed on Friday. Moynihan will receive $32…
Swisscom names Aeschlimann CEO, one-offs swell 2021 net profit
ZURICH – Swisscom named Christoph Aeschlimann as new chief executive on Thursday to succeed Urs Schaeppi when he steps down on June 1 after nine years in the post, the company said…
Robots marched on in 2021, with record orders by North American firms
By Timothy Aeppel – More robots joined the U.S. workforce last year than ever before, taking on jobs from plucking bottles and cans off conveyor belts at trash recycling plants to putting…
U.S. says traffic deaths rose 12% in first nine months of 2021 to 31,720
By David Shepardson WASHINGTON – U.S. auto safety regulators on Tuesday said traffic deaths rose 12% in the first nine months of 2021 to 31,720 – the highest number killed on American…
Police seeking to identify suspects in June 2021 killing of 17-year-old Makenzi Ridley
COLUMBUS, OH – Police in Columbus are not giving up the search to find the killers of 17-year-old Makenzi Ridley last June. Columbus Police Homicide Detectives are hoping to identify what appears…
Steelmaker POSCO’s 2021 profit jumps on strong demand
By Joyce Lee and Heekyong Yang SEOUL -South Korean steelmaker POSCO’s operating profit more than tripled to a record 9.2 trillion won ($7.62 billion), boosted by strong demand and higher prices of…
US Economy Grew Faster Than Expected At The End Of 2021
The U.S. economy grew at a faster rate than was anticipated pace in the fourth quarter of 2021, benefiting from solid consumer demand before the slowdown caused by the Omicron coronavirus variant…
Ferragamo’s sales grow 31.4% in 2021
MILAN – Sales at Italian luxury group Salvatore Ferragamo rose by 31.4% last year, in line with market expectations, although they are still far below pre-pandemic levels. The leather goods maker said…
Hainan Airlines expects to return to net profit for 2021
BEIJING – Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel, the carrier said on Thursday. The airline expects to report a…
Hong Kong Exchange Fund’s 2021 investment income falls 27.7% y/y – HKMA
HONG KONG -Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$170.5 billion ($21.9 billion) in 2021, the Hong Kong Monetary Authority said on…
Norway wealth fund earns second-highest return in 2021
By Victoria Klesty OSLO -Norway’s sovereign wealth fund, the world’s largest, earned a return on investment of 1.58 trillion Norwegian crowns ($177 billion) last year, the second highest on record, with the…
Taiwan GDP storms to decade high in 2021 on strong exports
By Jeanny Kao and Meg Shen TAIPEI -Taiwan’s economy grew last year at its fastest pace in more than a decade, driven by strong tech exports during the COVID-19 pandemic to support…
Activist Legion Partners returned 35% in 2021
BOSTON – Activist investment firm Legion Partners, which last year was part of a group that settled for three board seats at retailer Kohl’s Corp, told clients that its fund returned nearly…
U.S. screens fewest daily airport passengers since April 2021
WASHINGTON – The U.S. Transportation Security Administration (TSA) said it screened just 1.06 million passengers at U.S. airport checkpoints on Tuesday, the lowest daily total since April 2021. Airlines reported a significant…
Crypto money laundering rises 30% in 2021 -Chainalysis
By Gertrude Chavez-Dreyfuss NEW YORK – Cybercriminals laundered $8.6 billion in cryptocurrencies last year, up 30% from 2020, according to a report from blockchain analysis firm Chainalysis released on Wednesday. Overall, cybercriminals…
Quilter reports strong Q4 2021 results
LONDON – Fund manager Quilter saw a strong final quarter of 2021, with improved year-on-year net flows, it said in a trading statement on Wednesday. Assets under management reached 111.8 billion pounds…
Border Agents Encountered More Than 2 Million Migrants In 2021
U.S. Customs and Border Protection (CBP) ended 2021 with more than 2 million migrant encounters. December 2021 numbers released Monday showed that border patrol encountered 178,840 migrants at the southern border, a…
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