Murphy slammed for state-funded trip to Middle East as New Jersey’s biggest forest fire ever raged
TRENTON, NJ — Governor Phil Murphy faced fierce backlash this weekend after announcing his arrival in Saudi Arabia for an economic mission, while wildfires and other crises continued to plague New Jersey.…
Governments to see biggest inflation-driven drop in debt ratios in over 20 years – Fitch
LONDON – Governments will benefit from the biggest inflation-driven drop in debt ratios in over 20 years, credit rating firm Fitch said on Wednesday, estimating it will slice around 5 percentage points…
BoFA investor survey: Biggest tech underweight position since Aug 2006
LONDON – Investors have ramped up their underweight tech position to its largest in more than 15 years as central bank tightening remained the top risk to global markets in 2022, according…
UK employers plan biggest pay rises in nearly 10 years – CIPD
By William Schomberg LONDON – British employers expect to raise staff pay by the most in at least nine years but the 3% wage deals for workers would still be below fast-rising…
US equity funds see biggest inflow in six weeks
– U.S. equity funds lured massive inflows in the week to Feb. 9 as upbeat earnings reports and signs of easing tensions in Ukraine boosted risk appetite. Refinitiv data showed U.S. equity…
Global equity funds see biggest inflow in six weeks
– Global equity funds drew massive inflows in the seven days to Feb. 9 as investors cheered strong earnings results from U.S. and European companies, shrugging off concerns over a rise in…
Jan US CPI shows biggest yearly rise in 4 decades
NEW YORK – U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, which could fuel financial markets speculation for a 50 basis points…
Asian equities see biggest earnings upgrade in five months
By Gaurav Dogra – Asian equities in January received the biggest upgrade in their forward 12-month earnings estimates in five months, boosted by higher commodity prices and demand for technology exports in…
Japan’s Jan consumer inflation slows, trade deficit biggest in 8 years – Reuters poll
TOKYO – Japan’s core consumer inflation likely slowed in January from the previous month, a Reuters poll showed, reinforcing expectations the country’s central bank will lag well behind other economies in raising…
BP Oil Rakes In Biggest Profit Since 2013
Big Oil corporation BP reported its highest quarterly earnings in eight years in 2021, buoyed by diminished supply and increasing prices worldwide. BP earned a whopping $12.8 billion in profit last year,…
Global equity funds see biggest inflow in three weeks
– Global equity funds lured big inflows in the seven days to Feb. 2 on optimism over strong earnings from U.S. technology companies and on hopes that inflation would ease later this…
N.Korea tests biggest missile since 2017, U.S. calls for talks
By Josh Smith SEOUL – North Korea confirmed on Monday it had launched a Hwasong-12 ballistic missile, the same weapon it had once threatened to target the U.S. territory of Guam with,…
The big rotation: European tech in biggest monthly drop in 13 years
By Joice Alves LONDON – European technology stocks fell into bear territory on Friday and were on track for their biggest monthly drop since the 2008 global financial crisis amid worries the…
Real U.S. yields in biggest monthly jump since 2013 taper tantrum
By Yoruk Bahceli – U.S. real bond yields, borrowing costs stripping out inflation, will end January with their biggest monthly rise in almost a decade, highlighting the scale of turnaround in markets…
Toyota remains world’s biggest car seller, widens lead on VW
TOKYO – Japan’s Toyota Motor Co said on Friday its vehicle sales rose by 10.1% last year, making it the world’s biggest carmaker for a second straight year and putting it further…
Dealmaking helps Deutsche Bank land biggest profit in a decade
By Tom Sims and Frank Siebelt FRANKFURT -Deutsche Bank delivered its most profitable year in a decade on the back of a dealmaking bonanza, strengthening Chief Executive Christian Sewing’s hand as he…
Gulf economies to grow faster in 2022, oil price fall biggest threat: Reuters poll
By Md Manzer Hussain BENGALURU – The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll of economists who cautioned…
World’s Biggest Asset Manager Says Climate Investments Are About Money, Not Being ‘Woke’
Elliot Dordick on January 18, 2022 The head of BlackRock, the world’s largest asset manager, said the firm’s investments in clean energy enterprises are ultimately about generating more revenue, not about being…
World’s Biggest Coal Port Transitions To Wind Energy
The largest global coal port announced it would decarbonize within two decades and switch to renewable power, ultimately transitioning away from its current business model. The Port of Newcastle in Australia reached…
Biggest Natural Disasters Cost World $170 Billion In 2021: REPORT
The world’s most devastating climate catastrophes of 2021 racked up about $170 billion in insured losses, according to a report from the disaster relief group Christian Aid published Monday. The estimate was…
Kamala Harris Thinks Biggest Obstacle For Buying $50,000 Electric Car Is Figuring Out How To Charge It
Vice President Kamala Harris claimed the biggest obstacle to Americans buying electric cars — which cost an average of around $50,000 — is figuring out how to charge them. “When we ask…
Americans slammed by inflation after the biggest increase in 40 years under President Biden
NBC News reports that Americans are being slammed by inflation at the hands of the Biden administration including the rise in gas prices, fuel oil, meat and vehicles. All of this comes…
America’s Biggest Retailer Will Be Closed On Thanksgiving
The largest retailer in the country will be closed on Thanksgiving as many stores are shifting away from keeping their doors open during the unofficial kickoff of the holiday season. Walmart announced…
50 years later, feds identify bank teller who made off with biggest bank heist in Ohio history
Cleveland, OH – On Friday July 11, 1969, Theodore John Conrad walked into his job at the Society National Bank at 127 Public Square in Cleveland as an ordinary bank teller. He walked…
UN Climate Conference Sponsor Unilever Is Among World’s Biggest Plastics Polluters: REPORT
Unilever, the world’s third-biggest polluter of plastics, has signed on to sponsor the upcoming United Nations climate conference where leaders hope to set ambitious goals to curb global emissions. The consumer products…
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