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,…
Britain’s M&S makes strong start to new year – NielsenIQ
LONDON – Marks & Spencer has maintained its position as Britain’s fastest growing food retailer, market researcher NielsenIQ said on Tuesday, indicating its turnaround plan is gaining momentum. It said M&S’s sales…
Europe needs ambitious charging plans for 130 million EVs by 2035 – report
By Nick Carey LONDON – Governments and utilities need ambitious plans to cut red tape to install vehicle chargers if Europe is to be ready for 130 million electric vehicles (EVs) by…
Tesla cut steering component from some cars to deal with chip shortage – CNBC
– Tesla Inc decided to remove one of the two electronic control units included in the steering racks of some made-in-China Model 3 and Model Y cars to meet fourth-quarter sales goals…
Australia businesses suffer Omicron blues in Jan – survey
By Wayne Cole SYDNEY – A measure of Australian business conditions took a turn for the worse in January as a surge in coronavirus cases hit consumer spending, though firms were optimistic…
U.S. rate hikes could hit highly dollarized emerging market banks – Moody’s
By Rodrigo Campos NEW YORK – Banks in Latin America and emerging Europe are most exposed to dollarization among developing economies, making them vulnerable to weaker local currencies and increasing withdrawals in…
Nissan to stop most development of new gasoline engines – Nikkei
– Nissan Motor Co Ltd plans to stop developing new internal combustion engines in all its major markets except the United States and focus on making electric vehicles, the Nikkei business daily…
China, U.S. should address trade issues on basis of mutual respect – Chinese foreign ministry
BEIJING – China and the United States should address trade issues on the basis of mutual respect, the Chinese foreign ministry said on Monday, as U.S. officials urged Beijing to take concrete…
Musk’s SpaceX working to restore Tonga’s internet – Fiji official
SINGAPORE – Elon Musk’s satellite internet venture is helping to restore connectivity to the Pacific Island nation of Tonga, according to an official in Fiji where the work is underway. Tonga’s sole…
Volkswagen does not see chip shortage ending this year – Automobilwoche
BERLIN – Volkswagen does not expect the global shortage of semiconductors to end this year although it should further ease slightly in the second half, a board member was quoted as saying…
Porsche expects another record year for sales despite chip shortage – Automobilwoche
BERLIN – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying by industry magazine Automobilwoche. “When I look…
Russian forces at 70% of level needed for full Ukraine invasion – U.S. officials
By Phil Stewart and Humeyra Pamuk WASHINGTON – Russia has in place about 70% of the combat power it believes it would need for a full-scale invasion of Ukraine and is sending…
Germany discussing sending more troops to Lithuania – defence minister
BERLIN – Germany is considering deploying additional troops to Lithuania, Defence Minister Christine Lambrecht said, as tensions remained high over Russia’s military build-up near Ukraine. In an interview with the Funke media…
Some 50 Iranian MPs test positive for COVID as Omicron rages – lawmaker
– Some 50 members of Iran’s 290-seat parliament have contracted COVID-19, a senior MP said on Saturday as the Omicron variant spreads unabated across the county. MP Alireza Salimi, speaking to YJC,…
Olympics-Lack of big cauldron and flame was innovation – ceremony director
BEIJING – A snowflake instead of a huge cauldron and a “micro-flame” in place of a roaring fire at the opening ceremony for the Winter Olympics were an “innovation” celebrating the human…
Apple plans to debut low cost 5G iPhone in March – Bloomberg News
– Apple Inc is targeting a date on or near March 8 to unveil a low-cost 5G iPhone and an updated iPad, Bloomberg News reported on Friday, citing people with knowledge of…
Exclusive-Advent gears up for $4.6 billion sale of French biometrics firm IDEMIA – sources
By Julien Ponthus and Pamela Barbaglia LONDON – Advent International is looking to sell its French biometrics and fingerprint identification firm IDEMIA in a deal worth up to $4.6 billion as it…
Central banks to embark on “largest quantitative tightening in history” – Morgan Stanley
LONDON – The world’s top central banks are about to embark on “the largest quantitative tightening in history”, analysts at Morgan Stanley said on Friday, estimating that $2.2 trillion worth of support…
Investors keep the faith in stocks despite tech selloff – BofA
LONDON – Investors pumped money into equities and yanked funds out of bonds and cash as inflows into equity markets showed no signs of abating, BofA’s weekly flow show report showed on…
BNY Mellon staff to return to office on March 7 – memo
– Bank of New York Mellon Corp said on Thursday its employees will return to offices starting March 7, according to a memo seen by Reuters, in regions where conditions allow, subject…
AmEx’s New York employees to return to office from March – memo
– American Express Co said on Thursday it would ask its New York employees to work from office at least once a week, starting March 1, according to a memo posted on…
Siemens to increase research and development spending – CEO
ZURICH – Siemens is ramping up its spending on research and development above its rivals, Chief Executive Roland Busch will tell the German engineering group’s shareholders next week. The maker of trains…
Credit Suisse hires Oliver Wyman adviser as investment banking vice chair – memo
By Emma-Victoria Farr LONDON – Credit Suisse has hired a senior Oliver Wyman adviser as vice chairman of investment banking and capital markets, according to a memo seen by Reuters. A bank…
GAM returns full value of Greensill-linked fund to clients – memo
ZURICH – Swiss asset manager GAM Holding has returned the full value and more of a fund linked to shuttered supply chain finance firm Greensill, it told employees in an internal memo…
Opel to hire temporary workers at German plant amid Omicron absences – Wirtschaftswoche
BERLIN – Opel plans on hiring several hundred temporary workers to help deliver its new Astra model, a spokesperson told German paper Wirtschaftswoche on Thursday, in part to compensate for workers off…
Japan’s service sector shrinks at fastest pace in 5 months – PMI
TOKYO – Japan’s services sector activity contracted at the fastest pace in five months in January in a sign businesses faced pressure from a record surge in new coronavirus infections due to…
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