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.…
U.S. productivity posts biggest decline since 1947 in first quarter
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, indicating that rising wage pressures will continue contributing to…
Fertilizer sector set for biggest profits in years on Russia-Ukraine conflict
By Ruhi Soni (Reuters) – Fertilizer makers are set to post their biggest quarterly profits in years, following a supply squeeze of essential crop nutrients due to the Ukraine crisis, according to…
Canada March producer prices up 4.0%, biggest monthly gain in 66 years
(Reuters) – Producer prices in Canada rose by a record 4.0% in March from February, on higher prices for energy and petroleum products, Statistics Canada said on Friday. This was the largest…
Hedge funds lure biggest inflow in 7 years in Q1-HFR
NEW YORK – Investors poured $19.8 billion into hedge funds in the first quarter, the biggest inflow of money since the second quarter of 2015, lured by gains some funds are posting…
U.S. equity funds post biggest weekly outflow in more than 4 months
(Reuters) – U.S. equity funds faced big outflows in the week to April 20 as concerns over economic growth, rising yields and prospects of aggressive monetary policy steps to stem inflation fanned…
Global equity funds see biggest weekly outflows since December
(Reuters) – Global equity funds faced massive outflows in the week to April 20, on concerns over growth due to the Russia-Ukraine war, impending rate hikes by major central banks and a…
U.S. equity funds post biggest weekly outflow in four months
(Reuters) – U.S. equity funds faced heavy outflows in the week to April 13, as investors were spooked by rising yields and fears that the impending monetary tightening from the Federal Reserve…
Explainer: How is Japan’s government connected with Russia’s biggest cigarette maker?
By Rocky Swift TOKYO – Japan’s government has severed banking and trade ties with Russia over Moscow’s invasion of Ukraine, but a tobacco company in which it owns a one-third stake is…
Asian equities face biggest foreign outflows in March in two years
By Gaurav Dogra (Reuters) – Asian equities witnessed steep foreign outflows in March, hit by worries over higher inflation as commodity prices soared due to an escalating conflict between Russia and Ukraine.…
Factbox-Crypto’s biggest hacks and heists
LONDON – Hackers have stolen cryptocurrency worth almost $615 million from a blockchain project linked to the popular online game Axie Infinity, in the latest cyberheist to hit the digital asset sector.…
China’s biggest bank ICBC posts 10.7% rise in Q4 profit
SHANGHAI – Industrial and Commercial Bank of China (ICBC),, the world’s largest-listed lender by assets, reported a 10.65% rise in fourth-quarter net profit on Wednesday. Net profit for the three months ended…
U.S. equity funds post biggest weekly inflow in six weeks
– U.S. equity funds witnessed big inflows in the week to March 23 as markets focused on a Federal Reserve rate hike and Russia’s avoidance of a bond default. U.S. investors purchased…
EU’s biggest economy Germany blocked Russian coal ban, sources say
By Francesco Guarascio BRUSSELS – In the early stages of sanctions drafting against Moscow, one idea gained traction in Brussels – a ban on the import of Russian coal – until the…
Russia’s biggest cargo airline to suspend all Boeing flights
– Russia’s biggest cargo airline Volga-Dnepr Group has suspended all flights using Boeing aircraft due to Western sanctions, it said on Friday. Sanctions have cut off the supply of most aircraft and…
Poorest Britons suffer biggest pay squeeze
By David Milliken LONDON – Britain’s lowest-paid workers have seen the biggest squeeze on their pay over the past 12 months, according to figures on Tuesday which suggest the cost of living…
One Of Biggest Gas Companies In World Says It Will Stop Buying Russian Oil
One Of Biggest Gas Companies In World Says It Will Stop Buying Russian Oil Thomas Catenacci on March 8, 2022 Shell, one of the world’s largest oil and gas corporations, apologized for…
Palladium set for biggest weekly gain in 2 years as Russia supply concerns mount
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its biggest weekly gains in two years as concerns grew about supply shortfalls from…
Global equity funds see biggest weekly outflow since mid-Dec
– Global equity funds saw massive outflows in the week to March 2 as investors sought safer havens for their assets amid Russia’s invasion of Ukraine. Investors offloaded global equity funds worth…
Brazil trade balance posts biggest February surplus in five years
BRASILIA – Brazil posted a $4 billion trade surplus in February, the strongest performance for the month since 2017, official data showed on Thursday, amid higher volumes and prices of exported goods.…
China central bank makes biggest weekly cash injection since Jan 2020
BEIJING – China’s central bank made the biggest weekly cash injection in more than two years this week to maintain stable liquidity conditions towards the month-end. The People’s Bank of China (PBOC)…
Sterling falls to 2-month low versus dollar, biggest drop since March 2020
By Stefano Rebaudo -Sterling crashed against a surging dollar in its worst day since March 2020 as investors rushed into safe-haven assets after Russian forces invaded Ukraine. Missiles rained down. Ukraine reported…
UK bonds on track for biggest gains since November after Ukraine invasion
By David Milliken LONDON – British government bonds were on course for their biggest daily gains since late November on Thursday, joining a broader rally in safe-haven assets after Russia invaded Ukraine.…
Russia’s Urals oil at biggest discount to benchmark for 2 years, traders say
MOSCOW – Russia’s flagship Urals oil grade is trading at the biggest discount to global benchmark Brent since spring 2020, hit by rising tensions between Russia and the West over Ukraine, four…
Dan Bongino says America’s biggest crisis is a government truth crisis
The biggest crisis Americans face under the administration of President Joe Biden, according to Fox News host Dan Bongino is getting the truth. “We can’t trust the government anymore,” Bongino said. “Did…
U.S. Treasuries see biggest inflows in two years as recession risks rise – BofA
LONDON – Investors pumped money into U.S. Treasuries at the fastest pace in nearly two years in the week to Wednesday and yanked funds out of cash, inflation-linked debt and credit as…
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