Toms River Council Approves Township Budget
On June 30th, Mayor Rodrick and the Toms River Township Council presented a budget for 2025 that has a 9% reduction in overall spending while maintaining a zero percent tax increase. The…
Brazil’s lower house approves measure to make welfare program permanent
(Reuters) – Brazil’s lower house approved on Wednesday a measure that makes permanent the 400 reais ($80.58) Auxilio Brasil monthly welfare program for families in poverty situations, months ahead of the country’s…
U.S. FTC approves Hikma deal for Custopharm with conditions
WASHINGTON – Generic drug maker Hikma Pharmaceuticals has won U.S. antitrust approval to buy Custopharm, Inc on condition that it divest an injectable steroid, the U.S. Federal Trade Commission said on Tuesday.…
U.S. EXIM Bank approves ‘Make More in America’ initiative to boost manufacturing
WASHINGTON – The U.S. Export-Import Bank’s board on Thursday voted to approve a new tool aimed at boosting U.S. manufacturing, strengthening closing critical supply chain gaps, and supporting American jobs, the U.S.…
U.S. Senate approves Biden pick for Pentagon’s chief weapons buyer
By David Shepardson WASHINGTON -The U.S. Senate on Thursday confirmed President Joe Biden’s pick to be the Pentagon’s chief weapons buyer, a former official for defense acquisition in the administration of President…
EU approves French scheme to support companies hit by Ukraine war
(Reuters) – The European Commission on Thursday approved a French scheme to provide up to 155 billion euros ($169 billion) in liquidity support to companies hit by the economic impact of the…
U.S. House approves $55 billion in new COVID-19 aid for restaurants, other hard-hit firms
WASHINGTON – A majority of the U.S. House of Representatives on Thursday voted to approve a $55 billion COVID-19 aid bill aimed at helping restaurants and other businesses that continue to struggle…
Italy approves new car incentives of 650 million euros per year
ROME – Italian Prime Minister Mario Draghi has signed a decree to allocate 650 million euros ($709 million) per year from 2022 through 2024 for incentives to buy electrified or low-polluting cars,…
U.S. EXIM Bank formalizes Russia pullout; approves Sri Lanka, Albania, Iraq deals
By David Lawder WASHINGTON – The U.S. Export-Import Bank’s board of directors on Thursday voted to formalize the bank’s withdrawal from any further business in Russia and approved financing and guarantee deals…
U.S. Senate approves bill to ease export shipping backlogs
By David Shepardson WASHINGTON – The U.S. Senate on Thursday unanimously passed a bill to improve oversight of ocean shipping, a step supporters say will help ease export backlogs. The Ocean Shipping…
Russia approves ‘parallel imports’ after top brands halt sales
(Reuters) – Russia has authorised retailers to import products from abroad without the trademark owner’s permission, Prime Minister Mikhail Mishustin said on Wednesday, after global brands halted sales or stopped exports over…
FDA approves CartiHeal’s Implant for the Treatment of Cartilage and Osteochondral Defects
KFAR SABA, Israel, March 30, 2022 — CartiHeal Ltd, developer of implants for the treatment of cartilage and osteochondral defects in arthritic and non-arthritic knee-joints, today announced that the U.S. Food and Drug…
EU Commission approves Sweden’s 3.3 billion euro recovery plan
BRUSSELS – The European Commission approved on Tuesday Sweden’s post-pandemic recovery plan that will allow the country to get 3.3 billion euros in grants from the European Union until 2026 to make…
U.S. Senate approves $52 billion chips bill in bid to reach compromise
By David Shepardson WASHINGTON -The U.S. Senate on Monday again approved a bill to provide $52 billion in U.S. subsidies for semiconductor chips manufacturing in a bid to reach a compromise after…
Exclusive-IMF board approves $45 billion Argentina program -sources
By Jorgelina do Rosario NEW YORK/LONDON – The International Monetary Fund’s executive board on Friday approved a $45 billion program for Argentina after more than a year of negotiations, two sources with…
Germany approves law mandating full gas storage before winter
By Vera Eckert and Markus Wacket BERLIN – The Bundestag lower house on Friday approved legislation requiring Germany’s privately-operated gas storage facilities to be full at the start of the next winter,…
World Bank approves $830 million in loans to Colombia
BOGOTA – Colombia will receive two loans totalling $830 million from the World Bank to fund COVID-19 pandemic recovery and education efforts, the country’s government and the bank said on Thursday. “Through…
U.S. approves faster processing speeds at three pork plants
By Tom Polansek CHICAGO – The U.S. Department of Agriculture (USDA) allowed three pork plants to increase processing line speeds this month as part of a trial program, reviving a policy that…
Venezuela could add 400,000 bpd to oil output if U.S. approves licenses -petroleum chamber
By Mayela Armas CARACAS – Venezuela’s oil output could rise by at least 400,000 barrels per day (bpd) if the United States authorizes requests by state-run PDVSA’s partners to trade Venezuelan crude,…
Factbox-U.S. approves Ukraine aid, boosts military and domestic spending
WASHINGTON – Congress approved $13.6 billion in aid to Ukraine on Thursday as part of a $1.5 trillion spending bill that funds U.S. government operations through Sept. 30. President Joe Biden is…
Brazil’s Senate approves bills to curb fuel prices
BRASILIA – Brazil’s Senate approved on Thursday two bills aimed at curbing fuel price hikes with subsidies and tax exemptions, a positive move potentially for state-run oil company Petrobras, but one that…
Philippine leader approves bill raising sex consent age from 12 to 16
MANILA – Philippines President Rodrigo Duterte has signed into law a bill that raises the minimum age of sexual consent from 12 to 16, his office said on Monday, in a bid…
Bulgaria parliament approves 2022 budget with 4.1% deficit target
SOFIA – Bulgaria’s parliament on Friday rubber-stamped the 2022 budget bill that targets a fiscal deficit of 4.1% of economic output this year, planning for an increased public investment to kick-start the…
Thailand approves tax breaks for EVs, ‘high potential’ foreigners
BANGKOK – Thailand’s cabinet on Tuesday approved tax incentives to promote a shift to electric vehicles (EVs), and to attract “high potential” foreigners to help boost the economy, the finance minister said.…
South Korea parliament approves $14 billion extra budget before election
SEOUL – South Korea’s National Assembly approved a 16.9-trillion-won ($14.2 billion) supplementary budget on Monday aimed partly at funding the response to COVID-19 and supporting businesses hit by pandemic restrictions. The amount…
Fed Approves Rules Banning Members From Trading Stocks, Bonds
The Federal Reserve formally adopted new rules Friday restricting the central bank’s senior officials’ ability to trade stocks, bonds and currencies. The rules, which were introduced in October 2021, prohibit senior Fed…
Breaking News
