More Closures Coming as Big Lots Announces New Bankruptcy Sale Agreement
TOMS RIVER, NJ – Big Lots, a popular overstock and discount chain store has already announced the closure of one New Jersey location, but more could be coming. The company operates stores…
IMF sees Zambia agreement with official creditors ‘within a few days’
NEW YORK (Reuters) – The International Monetary Fund is encouraged by the progress in discussions between Zambia and its official creditors, and an agreement could be reached “within a few days,” the…
Vodafone, unions reach agreement over 1,003 job cuts in Italy
ROME (Reuters) – Vodafone said on Thursday it had reached an agreement with unions over managing 1,003 job cuts in Italy needed to cut costs. The British telecoms giant said the deal…
US senator opens probe into PGA Tour, LIV Golf agreement
By David Shepardson WASHINGTON (Reuters) – U.S. Senator Richard Blumenthal on Monday asked the PGA Tour and LIV Golf for communications and records on their planned merger, citing concerns about the Saudi…
IMF reaches staff agreement on Ukraine loan review; will enable $900 million disbursement
WASHINGTON (Reuters) – The International Monetary Fund said on Tuesday that it has reached a staff-level agreement with Ukraine for the first review of the war-torn country’s $15.6 billion IMF loan program,…
Chemical maker Dow signs supply agreement for bio-plastic materials
(Reuters) – U.S. chemical maker Dow Inc said on Thursday it had signed a long-term supply agreement with bio-conversion company New Energy Blue for plastic materials made from corn residue, in a…
Ecuador’s Lasso seeks ‘national agreement’ in August elections
QUITO (Reuters) – Ecuador’s President Guillermo Lasso on Wednesday described coming early elections as an opportunity to unite the country as it grapples with gang violence and political instability after Lasso dissolved…
Finland says Russia set to terminate agreement on military visits
OSLO (Reuters) – Russia has informed neighbouring Finland that it will terminate a bilateral agreement on mutual visits to military installations, the Finnish defence ministry said late on Tuesday. The bilateral agreement,…
IMF staff, Kenya reach agreement on over $1 billion of new financing
By George Obulutsa NAIROBI (Reuters) – International Monetary Fund staff and Kenya have reached an agreement that could unlock more than $1 billion of new financing, which could help relieve pressure on…
IMF staff, Senegal reach agreement on $1.9 billion funding package
(Reuters) – International Monetary Fund staff have reached agreement with Senegal on financing facilities totalling about $1.9 billion, the Fund said in a statement. The deal is subject to approval by the…
China, Ecuador sign free trade agreement, says Chinese commerce ministry
BEIJING (Reuters) – China and Ecuador signed a free trade agreement on May 11, China’s commerce ministry said on Thursday. The two sides will create a more favourable, transparent and stable business…
Chile miner Codelco and BHP sign sustainable mining agreement
SANTIAGO (Reuters) – Chile state-owned miner Codelco and multinational miner BHP Group signed a knowledge-sharing agreement on sustainable mining, Codelco said in a statement on Tuesday. The “collaboration accord” sets up a…
IMF and Niger reach staff agreement on new $133 million financing
JOHANNESBURG (Reuters) – International Monetary Fund staff have reached agreement with Niger’s government on new financing of around $133 million and the third review of another facility that could lead to a…
US senators urge Biden to negotiate tax agreement with Taiwan
By Patricia Zengerle WASHINGTON (Reuters) – Democratic and Republican U.S. senators announced legislation on Thursday authorizing President Joe Biden’s administration to negotiate a tax agreement with Taiwan, seeking to foster investment as…
Secaucus announces parking agreement with Park Mobile
SECAUCUS, NJ – ParkMobile and the town of Secaucus have teamed up to introduce a new, modernized parking payment system. As part of the collaboration, visitors and residents will be able to…
UPS confident of reaching agreement with Teamsters by July-end
(Reuters) – United Parcel Service Inc said on Tuesday it was confident of reaching an agreement over a new contract with the International Brotherhood of Teamsters union by the end of July.…
Florida board says it discovers another ’11th hour’ agreement with Disney
By Dawn Chmielewski and Lisa Richwine (Reuters) – Florida Governor Ron DeSantis’ new oversight board has discovered another “11th hour agreement” that allows Walt Disney Co to set its own utility rates…
Japan to sign mineral supply chain agreement with US, subject to EV tax cut -minister
TOKYO (Reuters) – Japan will sign a mineral supply chain agreement with the United States that will give U.S. tax incentives for electric vehicles made with metals processed in Japan, trade minister…
U.S. lays out possible critical raw materials agreement with EU -Handelsblatt
(Reuters) – The United States and the European Commission have negotiated a possible agreement to allow for electric vehicles with critical minerals extracted or processed in the European Union to qualify for…
Serbia, Kosovo reach agreement to implement EU-backed deal normalising ties
By Fatos Bytyci OHRID, North Macedonia (Reuters) -Kosovo and Serbia have reached an agreement on implementing a European Union-backed deal to normalise ties, EU foreign policy chief Josep Borrell said late on…
Ericsson to Plead Guilty and Pay Over $206M Following Breach of 2019 FCPA Deferred Prosecution Agreement
Telefonaktiebolaget LM Ericsson (Ericsson), a multinational telecommunications company headquartered in Stockholm, Sweden, has agreed to plead guilty and pay a criminal penalty of more than $206 million after breaching a 2019 Deferred…
Ericsson To Plead Guilty And Pay Over $206 Million Following Breach Of 2019 FCPA Deferred Prosecution Agreement
Damian Williams, the United States Attorney for the Southern District of New York, Kenneth A. Polite, Jr., the Assistant Attorney General of the Justice Department’s Criminal Division, and James C. Lee, the…
Caterpillar workers to vote on tentative labor agreement – union
By Bianca Flowers (Reuters) – Caterpillar Inc workers are scheduled to vote on a tentative agreement with the construction and mining equipment maker on March 12, the United Auto Workers union told…
Island Heights joins Toms River in shared garbage service agreement
TOMS RIVER, NJ – Residents of the small borough of Island Heights will soon look to Toms River for their garbage pickup and recycling services. This comes as the two towns signed…
Rogers adds two independent directors after Starboard agreement
(Reuters) -Electronics materials maker Rogers Corp said on Monday it has entered into an agreement with activist investment firm Starboard Value LP to add two independent directors to the company’s board. The…
Rio Tinto enters agreement with BMW to provide hydro-produced aluminum
By Stephen Culp NEW YORK (Reuters) – Rio Tinto on Tuesday said it would supply BMW with aluminum it produces in Canada using hydroelectric power, lowering the auto manufacturer’s carbon footprint with…
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