CAREDX SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against CareDx, Inc. – CDNA
NEW ORLEANS, May 27, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 22,…
Russia’s invasion of Ukraine may pressure light-vehicle sales growth – data
– Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales this year, auto industry consultants J.D. Power and LMC Automotive said in a joint forecast on…
Canada wholesale trade likely up 3.9% in January – Statscan flash estimate
OTTAWA – Canadian wholesale trade was most up 3.9% in January from December, on higher sales in building material and supplies, along with machinery equipment and supplies, Statistics Canada said on Friday.…
Cutting Russia off SWIFT technically difficult – German govt spokesperson
BERLIN – Suspending Russia from the SWIFT global interbank payments system would be technically difficult to arrange and would have a massive impact on transactions for Germany and German businesses in Russia,…
India explores setting up rupee trade accounts with Russia to soften sanctions blow – sources
By Rajendra Jadhav, Nupur Anand and Aftab Ahmed MUMBAI – India is exploring ways to set up a rupee payment mechanism for trade with Russia to soften the blow on New Delhi…
Italian banks’ govt bond holdings rise in January – ECB
MILAN – Italian lenders increased their domestic government bond holdings in January, European Central Bank data showed on Friday. Their portfolio rose to 419.62 billion euros ($468.84 billion) last month, compared with…
China to expand wealth management pilot scheme for retirement savers – regulator
SHANGHAI – China will from March 1 expand a pilot scheme developing wealth management products aimed at retail investors looking to boost their retirement savings to more cities including Beijing and Shanghai,…
No signs of equity market capitulation yet – BoFA
LONDON – Investors pulled money from bonds and pumped money into cash and stocks in the week to Wednesday as equity positioning showed “zero signs of capitulation despite flows and price disconnect”,…
Germany suspends Hermes export credit guarantees for Russia – Handelsblatt
BERLIN – Germany is making it more difficult for companies to do business with Russia by suspending Hermes credit guarantees for exports, daily Handelsblatt reported on Friday, citing the economy ministry. “The…
S.Korea exports to rise for 16th month in Feb; CPI seen up 3.5% – Reuters poll
SEOUL – South Korea’s exports likely increased for a 16th month in February, and at a faster pace, a Reuters poll showed on Friday, though Russia’s invasion of Ukraine may further disrupt…
Russia should not be cut off from SWIFT at the moment – Germany’s Scholz
BERLIN – Cutting off Russia from the SWIFT global interbank payment system should not be part of the second EU sanctions package against Russia that EU leaders will decide upon at a…
High prices, volatility driving more long-term contracting of U.S. LNG – Cheniere
HOUSTON – U.S. liquefied natural gas producer Cheniere Energy Inc. on Thursday said high prices and an “extremely volatile” global market are driving more long-term contracts of LNG volumes. The company, which…
EU’s new sanctions on Russia will target industry, export controls – diplomat
BRUSSELS – The European Union will impose new sanctions on Russia targeting industry, financial sectors and export controls over Moscow’s invasion of Ukraine, an EU diplomat said on Thursday. “We want the…
Rosatom’s application to buy stake in German reprocessing plant withdrawn – German minister
BERLIN – An application by Russian state nuclear power company Rosatom for permission to buy a stake in a nuclear fuel reprocessing plant in Lingen in Germany has been withdrawn, German Energy…
Canada January factory sales likely up 1.3% – Statscan flash estimate
OTTAWA – Canadian factory sales most likely rose 1.3% in January from December, largely driven by higher sales in the petroleum and coal product industry, along with wood products, Statistics Canada said…
UK retail sales growth slows in Feb, price pressures mount – CBI
LONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron wave of coronavirus cases eased, according to…
Mercedes-Benz expects 2 pp headwind from raw materials – CFO
BERLIN – Mercedes-Benz expects a headwind from higher raw material prices of around 2 points to its return on sales this year, Chief Financial Executive Harald Wilhelm said in an analysts call…
Germany can ensure energy supply without Russian gas – econ minister
BERLIN – Germany can guarantee security of supply even without Russian gas or oil, Economy Minister Robert Habeck said on Thursday. “We will have to buy more gas, but also coal from…
CNH does not plan to reduce operations in Italy – paper
MILAN – CNH Industrial does not plan to downsize operations in Italy, the head of the Italian-American vehicle maker was quoted as saying on Thursday. Chief Executive Scott Wine also told daily…
Dubai housing a buyer’s market despite surprise price rise – Reuters poll
By Md Manzer Hussain BENGALURU – Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful supply is likely to ensure the city…
Broad majority of Americans support Russia sanctions – poll
By Jason Lange WASHINGTON – More than two-thirds of Americans think the United States should impose additional sanctions against Russia as it masses its forces along the border with Ukraine, according to…
U.S. business borrowing for equipment rises 2% in January – ELFA
– U.S. companies borrowed 2% more in January to finance their investments in equipment compared to a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Wednesday, as firms ramp-up…
U.S. mortgage applications tumble last week – MBA
WASHINGTON – U.S. mortgage applications plunged to their lowest level in more than two years last week as rising mortgage rates dampened demand for loans to purchase homes and refinancing activity, a…
Goldman Sachs seeks return of bonuses from bankers for jumping ship – Bloomberg News
-Goldman Sachs Group Inc is exploring measures such as seizing vested pay to dissuade top bankers from leaving, Bloomberg News reported on Wednesday, citing people familiar with the matter. The bank is…
Chinese developer Shimao-guaranteed $174 million notes due March may not be redeemed – trustee
HONG KONG – Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the notes said in a…
Russian military will only enter Ukraine’s Donbass if separatists ask – official
DONETSK – Andrey Turchak, a senior member of Russia’s ruling party, said on Wednesday that the Russian military would only enter two breakaway regions in Ukraine recognised by Moscow as independent states…
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