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,…
Uniper not looking at legal action on Nord Stream 2 – for now
FRANKFURT – Uniper, one of the five co-financiers of Gazprom’s Nord Stream 2, is currently not examining any legal steps in the wake of Germany’s decision to indefinitely suspend the pipeline, its…
New Russia debt sanctions to have “limited implications” for bond holders – JPMorgan
LONDON – JPMorgan’s emerging market strategists said on Wednesday that new U.S. sanctions on Russian sovereign debt announced this week were likely to have limited implications for the international investors that already…
UK calls in finance heads and regulators to talk sanctions – BBC editor
LONDON – British Prime Minister Boris Johnson’s office and the Treasury have called in finance bosses and regulators to discuss how to ensure recently-announced sanctions on Russia are effective, the BBC’s political…
German consumer morale darkens on COVID, inflation – GfK
BERLIN – German consumer morale is projected to deteriorate in March as a sharp increase in COVID infection rates in early February and high inflation figures overshadowed positive medium-term expectations, a survey…
Shareholders approve Brazil’s Eletrobras privatization – report
SAO PAULO – Shareholders of Brazilian state-run power company Eletrobras approved on Tuesday the terms for the privatization of the company, according to a Valor Economico report citing sources. According to the…
U.S. imposes sanctions on two Russian banks – Treasury Dept
– The United States imposed sanctions on Russia’s VEB Bank and Promsvyazbank on Tuesday, according to statement from the U.S. Treasury Department, after Moscow formally recognized two regions of eastern Ukraine as…
Half of payments in Caracas performed in U.S. dollars – study
CARACAS – Half of payments for food, medicine and services in Venezuela’s capital Caracas are made using dollars, according to a report published on Tuesday by two local consulting firms. The study…
U.S. banks do not expect major financial impact, risk contagion from Russia sanctions – sources
WASHINGTON – Banks in the United States do not expect a material financial impact on their businesses, or broader risk contagion, as a result of sanctions Washington and other countries are imposing…
U.S. business activity accelerates in February – IHS Markit survey
WASHINGTON – U.S. business activity regained speed in February as the drag from the winter surge in COVID-19 infections diminished, but higher prices for inputs remained a burden amid lingering supply constraints.…
Russia’s Gazpromtrans stops taking orders to ship LPG to Ukraine – document
MOSCOW – Gazpromtrans, the subsidiary of Russia’s gas monopoly Gazprom in charge of rail shipments, stopped taking orders to transport liquefied petroleum gas (LPG) to Ukraine from Feb. 18, according to a…
Oaktree hires Morgan Stanley to find investor in Italy’s Banca Progetto – sources
By Valentina Za, Pamela Barbaglia and Elisa Anzolin MILAN – Oaktree has hired Morgan Stanley to sell a stake in Banca Progetto in a deal that could value the challenger bank at…
Trump’s Truth Social downloaded 170k times on Apple App Store – Apptopia
– Donald Trump’s Truth Social app was downloaded 170,000 times on Apple Inc’s App Store since its launch last Sunday evening, according to research firm Apptopia. The app created by the company…
Kuwaiti govt owes public entities 2.35 billion dinars – finance ministry
By Ahmed Hagagy KUWAIT -Kuwait’s government owes 2.35 billion dinars ($7.78 billion) in late payments to public entities, according to the finance ministry, in a sign of a deepening cash crunch the…
Exclusive-VW could issue common, preference shares in possible Porsche AG IPO – sources
HAMBURG – Volkswagen is weighing issuing an equal number of common and preference shares in a potential listing of luxury carmaker Porsche AG and may pay a special dividend to its owners…
UK manufacturing price pressures highest since 1976 – CBI
LONDON – More British manufacturers plan to raise prices in the next three months than at any point since 1976, according to a survey on Tuesday that highlighted the inflationary forces that…
Brookfield in talks to buy First Abu Dhabi Bank’s payments arm in $1 billion deal – Bloomberg News
– Canada’s Brookfield Asset Management Inc is in talks to buy the payments business of UAE’s biggest lender First Abu Dhabi Bank PJSC, Bloomberg News reported on Tuesday. The unit, called Magnati,…
HSBC sees risks of wider contagion to markets from Russia-Ukraine conflict – CEO
LONDON – The boss of HSBC, one of Europe’s largest banks, said on Tuesday he was concerned about the risk of “wider contagion” for global markets from the deepening crisis in Ukraine.…
Digital, circular economy can earn Thailand $3.4 billion a year extra – World Bank
BANGKOK – Digital and disruptive technologies and development of a circular economy can earn Thailand up to $3.4 billion each year in additional investments, savings and revenue, the World Bank said on…
Biden has started interviews for Supreme Court pick – source
WASHINGTON – U.S. President Joe Biden has started interviews with top candidates to serve on the Supreme Court “in recent days,” a source familiar with the situation said on Monday. The White…
EU will consider making countries fill gas storage – energy chief
By Isla Binnie MADRID – The European Union will consider whether to require member states to fill their natural gas storage to prescribed levels, a senior official said as the bloc seeks…
Thyssenkrupp hydrogen IPO plans face market headwinds – sources
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF – A steep drop in hydrogen shares is likely to hit the valuation of Thyssenkrupp’s hydrogen unit Nucera, according to investor and financial sources, which…
Germany not affected by reports of Credit Suisse data leak – finance ministry
BERLIN – Germany does not think it is affected by a leak of Credit Suisse client data that was published by an investigative journalism network, a spokesperson for the finance ministry said…
Aluminium shortages to deter blanket sanctions on Rusal – analysts
By Pratima Desai LONDON – The United States and European Union countries are unlikely to impose blanket sanctions on Rusal if Russia invades Ukraine as that would exacerbate aluminium shortages, propel prices…
Japan’s Feb factory activity growth falls to 5-month low – flash PMI
TOKYO – Japan’s manufacturing activity expanded at the slowest pace in five months in February as output contracted, underscoring the prolonged impact that global supply chain disruptions are having on the world’s…
British carmaker Lotus is planning a multibillion-pound flotation – The Times
– British carmaker Lotus is planning a multibillion-pound flotation and the company is speaking to prospective investors, The Times reported, without citing the source of the information. Lotus is moving to open…
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