Central American migrant pleads guilty to deadly 2023 stabbing outside Copiague deli
HAUPPAUGE, N.Y. — A Salvadoran national has pleaded guilty to manslaughter for a fatal stabbing that occurred outside a Copiague deli in 2023, Suffolk County District Attorney Raymond A. Tierney announced Wednesday.…
Germany’s Scholz says goal to reduce inflation with 2023 debt brake
BERLIN – Germany must refrain from funding long-term subsidies with further credit in order to return to its constitutionally enshrined debt brake next year, Chancellor Olaf Scholz said on Wednesday. “The goal…
New Zealand house prices to sink 9.0% this year, another 2% in 2023: Reuters poll
By Vivek Mishra BENGALURU – New Zealand’s house prices are forecast to sink 9.0% this year as aggressive interest rate hikes take some heat out of the blazing housing market amid a…
JPMorgan cuts U.S. GDP estimates for 2022 and 2023
(Reuters) – JPMorgan on Wednesday cut its expectation for U.S. real gross domestic product for the second half of 2022 and for 2023. The firm’s economic and policy research department cut its…
Brazil’s govt will maintain GDP outlook for 2022 and 2023 -sources
By Marcela Ayres BRASILIA – Brazil’s Economy Ministry will hold its economic growth outlook at 1.5% in 2022 and 2.5% in 2023, two officials told Reuters on Wednesday, forecasting activity ahead of…
Volkswagen’s Skoda hopes for eastern European gigafactory decision by 2023
MLADA BOLESLAV, Czech Republic – Czech carmaker Skoda, owned by Germany’s Volkswagen, is confident that its parent will take a decision on its fourth large battery factory in Europe by 2023 at…
Used-car retailer Carvana sees significant core earnings for 2023
(Reuters) – Carvana Co on Friday forecast significant core earnings for 2023, as the online used-car retailer spelled out plans to rein in spending on advertising, expansion and other areas to offset…
Column-World wheat squeeze set to worsen into 2023, price risks remain -Braun
By Karen Braun NAPERVILLE, Ill. – Despite global wheat prices trading at record highs for the time of year, market participants may have been too optimistic on the supply outlook for the…
All-new 2023 Mitsubishi Outlander Plug-in Hybrid (Phev) Breaks Cover At 2022 Twin Cities Auto Show
To underscore the vehicle’s success locally, Mitsubishi Motors North America, Inc. (MMNA) will offer news media and Minneapolis–Saint Paul-area consumers the first in-person glimpse of the all-new 2023 Outlander PHEV at the…
Ukraine to let foreigners transfer bond income from April 2023
KYIV – Ukraine’s central bank will allow foreign investors in domestic bonds to transfer abroad their income received from the bonds after April 1 next year, the bank has said. Foreigners held…
Axa reports 2% rise in first quarter revenue, keeps 2023 targets
PARIS -French insurer Axa on Thursday posted a 2% rise in revenue, with strength in its health and casualty insurance business offsetting weakness in savings. Europe’s second-biggest insurer, behind Allianz, said it…
Enough nickel, lithium for 14 million EVs in 2023 – European climate group
By Nick Carey (Reuters) – Data shows there is enough nickel and lithium to produce up to 14 million electric vehicles (EVs) globally in 2023, so Europe should secure more raw materials…
Biden Energy Secretary Suggests Inflation Could Continue into 2023
President Joe Biden’s Secretary of Energy Jennifer Granholm said in regard to if inflation would continue through 2023 that it is “so hard to know,” during a House Energy and Commerce Committee…
Brazil’s economy stagnant, growth freeze to continue in 2023
By Gabriel Burin BUENOS AIRES – Brazil’s economy has entered a phase of stagnation that will persist next year as unrelenting inflation curtails consumer spending and policymakers struggle to find answers, a…
Global tourism to recover from pandemic by 2023, post 10-year growth spurt
By Neil Jerome Morales MANILA – The global travel and tourism sectors are projected to return to pre-pandemic levels in 2023 and grow at a rate that will outpace global gross domestic…
Most financial institutions in Asia need until 2023 to scrap Libor benchmark
HONG KONG – Most financial institutions operating in Asia will take until next year to remove references to the Libor benchmark in loan agreements, an industry survey found, though most iterations of…
BMW’s CEO expects chip shortage to last into 2023
BERLIN – A shortage of semiconductors is likely to remain a problem for the auto industry into 2023, German carmaker BMW’s Chief Executive Oliver Zipse said in an interview with newspaper Neue…
Cleveland Fed’s Mester says inflation elevated through 2023 but trajectory will fall – CBS
WASHINGTON – Inflation will remain high this year and next even as the Fed moves steadily to lower the pace of price increases, Cleveland Fed president Loretta Mester said Sunday in an…
Walmart’s Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing-sources
By Aditya Kalra, Aftab Ahmed and Anirban Sen NEW DELHI – Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now…
2023 Eclipse Cross To Feature Standard Super All-wheel Control; Mitsubishi Motors Announces Pricing And Specifications
With a starting MSRP of just $25,795.002,3, the 2023 Eclipse Cross is packed with a full suite of comfort and technology features, including Apple Car Play®4 and Android AutoTM5 integration on LE…
D.C.’s Defund the Police Mayor Bowser Gives In, Announces 347 New Cops in 2023
WASHINGTON, D.C. – Washington, D.C. Mayor Muriel Bowser has finally come to grips with reality. Her “Defund the Police” movement didn’t work. Since 2020, Bowser has presided over skyrocketing crime, a surge…
Biden to propose minimum tax on billionaires as part of 2023 budget
WASHINGTON – U.S. President Joe Biden will propose a minimum tax on billionaires as part of the fiscal 2023 budget that is expected to be unveiled on Monday, a document released by…
Facebook-backed Indian startup Meesho targets early 2023 for IPO – source
By Shivani Singh BENGALURU – Indian startup Meesho, which counts Facebook-owner Meta Platforms and SoftBank Group’s Vision Fund 2 as its investors, is aiming to go public in early 2023, a source…
High debt EU countries should start to tighten policy in 2023 – Commission
BRUSSELS – European Union countries should move to a neutral fiscal stance next year from a supportive stance in 2022, with high debt countries focusing on tighter fiscal policy and low debt…
Kiwi house prices rises to halt this year, Australia to follow in 2023: Reuters poll
By Vivek Mishra BENGALURU – Soaring house prices in New Zealand will grind to a halt this year and Australia will follow suit in 2023 as expected higher interest rates rein in…
OECD expects Mexico economy to rebound by 3rd-qtr, growing in 2023
MEXICO CITY -Economic growth in Mexico is expected to return to pre-pandemic levels by the third quarter this year, the Organisation for Economic Cooperation and Development (OECD) said on Monday. “Exports will…
Breaking News
