(Reuters) – A warrant to search Donald Trump’s Florida home earlier this week gave U.S. federal agents authority to seize documents and records constituting evidence of items illegally possessed, Fox …
business
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Financial News
Exclusive – PDVSA pauses oil-for-debt shipments to Europe, wants product swaps
by Reutersby ReutersBy Marianna Parraga HOUSTON – Venezuela has suspended new crude shipments to Europe under an oil-for-debt deal and has asked Italy’s Eni and Spain’s Repsol to provide it with fuel …
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Financial News
Oil flows through Druzhba to Czech Republic resume – pipeline operator
by Reutersby ReutersPRAGUE – Flows of Russian oil through the Druzhba pipeline to the Czech Republic resumed at 8 p.m. (1800 GMT) on Friday, Czech pipeline operator MERO said. Supplies via the …
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Financial News
U.S. flight cancellations, delays this year surpass 2019 levels – data
by Reutersby ReutersBy Nathan Gomes (Reuters) – Flight cancellations and delays by U.S. airlines in the first seven months of the year have surpassed the comparable 2019 period, data showed, as staff …
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Financial News
Column – Fed’s Powell could use Jackson Hole to flesh out QT thinking: McGeever
by Reutersby ReutersBy Jamie McGeever ORLANDO, Fla. – The U.S. Federal Reserve’s plan to unwind its bond-bloated balance sheet has taken a backseat to its dramatic interest rate hikes of recent months …
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Financial News
Prada seeks $1 billion valuation in Milan listing – Bloomberg News
by Reutersby Reuters(Reuters) – Italian luxury group Prada SpA is considering seeking at least $1 billion from a second listing in Milan and is working with Goldman Sachs Group Inc on early …
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By Andy Home LONDON – The London Metal Exchange’s (LME) global warehousing network is shrinking rapidly. Over the past year the number of registered storage units has slumped from 604 …
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Financial News
Japan July core CPI seen rising 2.4%, near 8-year-high – Reuters poll
by Reutersby ReutersBy Kantaro Komiya TOKYO – Japan’s core consumer price index (CPI) for July likely rose 2.4% from a year earlier, accelerating to the fastest pace in nearly eight years and …
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Financial News
Thailand’s tourism-reliant economy likely gathered pace in Q2 – Reuters poll
by Reutersby ReutersBy Anant Chandak BENGALURU – Thailand’s economy likely grew at its fastest pace in a year last quarter, thanks to increased tourism as pandemic curbs eased, but the high cost …
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Top HeadlinesUS and World News
FBI sought nuclear documents in search of Trump’s home – Washington Post
by Reutersby ReutersWASHINGTON – U.S. federal agents were looking for documents relating to nuclear weapons when they searched former President Donald Trump’s home in Florida this week, the Washington Post reported on …
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Department of Justice Press Releases
Nashville Man Sentenced To Federal Prison For Drug & Firearms Violations
by DOJ Pressby DOJ PressNASHVILLE – A Nashville, Tennessee man was sentenced to 15 years in federal prison today for drug and firearms violations, announced U.S. Attorney Mark H. Wildasin. Anthony Ussery, 40, pleaded …
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Department of Justice Press Releases
Two Men Convicted of Laundering Proceeds of a Business Email Compromise Scheme
by DOJ Pressby DOJ PressALEXANDRIA, Va. – A federal jury convicted two individuals yesterday on charges of money laundering as part of a business email compromise (BEC) scheme. According to court records and evidence …
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Financial News
Crypto derivatives volumes surge to $3.12 trillion in July – CryptoCompare
by Reutersby ReutersBy Elizabeth Howcroft LONDON – Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on Thursday, as crypto prices show …
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Financial News
Poland to get recovery cash after meeting agreed milestones – Commission
by Reutersby ReutersBRUSSELS – Poland will get money from the European Union recovery fund only after it reaches the milestones and targets that the Polish government has jointly agreed with the EU …
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Financial News
China’s Didi EV joint venture with Li Auto applies for bankruptcy – court
by Reutersby ReutersSHANGHAI – Chinese ride-hailing firm Didi’s joint venture with Li Auto has applied for bankruptcy, according to a court filing, pointing to the end of a four-year-old partnership to make …
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Financial News
Global container fleet to grow more than demand – Hapag-Lloyd CEO
by Reutersby ReutersFRANKFURT – Global growth in container fleets through new orders and building activity will outstrip shipping demand from next year and ease current market tightness, the chief executive of Hapag-Lloyd …
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Department of Justice Press Releases
Three Nigerian Nationals Extradited to the United States from the United Kingdom for Participating in Business Email Compromise Fraud Schemes
by DOJ Pressby DOJ PressWASHINGTON – Three Nigerian citizens were extradited from the United Kingdom (UK) and arrived in the United States in relation to their alleged participation in multimillion-dollar cyber-enabled business email compromise …
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Financial News
Asian currency bears retreat as inflation view improves – Reuters poll
by Reutersby ReutersBy Sameer Manekar (Reuters) – Bearish bets on emerging Asian currencies eased on hopes that monetary tightening will cool red-hot inflation, with short bets on the Thai baht falling sharply …
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Department of Justice Press Releases
Foreign National Faces Federal Charges for Wire Fraud, Money Laundering and Aggravated Identity Theft Related to a Business Email Compromise Scheme
by DOJ Pressby DOJ PressGreenbelt, Maryland – Njuh Valentine Fombe, a/k/a “Valentine”, age 36, formerly of Beltsville, Maryland, had an initial appearance in U.S. District Court in Greenbelt on August 8, 2022, after being …
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Financial News
Column – Deep U.S. curve inversion hastens the recession it predicts: McGeever
by Reutersby ReutersBy Jamie McGeever ORLANDO, Fla. – An inverted U.S. Treasury yield curve almost always heralds recession, but the yawning gap between high short-term funding costs and falling long-term borrowing rates …
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Financial News
Exclusive: Mexico’s Pemex in talks with Vitol, eyes resuming business after bribery scandal
by Reutersby ReutersBy Ana Isabel Martinez MEXICO CITY – Petroleos Mexicanos (Pemex) has made progress in talks with global energy trader Vitol about resuming trading ties that broke down last year during …
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Financial News
Thailand foreign tourist arrivals to reach 10 million this year – Finance Minister
by Reutersby ReutersBANGKOK – Thailand’s foreign tourist arrivals should reach 10 million this year, helping drive the economy along with increased exports, the finance minister said on Wednesday. Southeast Asia’s second-largest economy …
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Conservative TimesFeatured NewsPoliticsUS and World News
‘They Will Go After Small Business’: Fox Business Host Decries ‘Weaponized’ IRS
‘They Will Go After Small Business’: Fox Business Host Decries ‘Weaponized’ IRS Harold Hutchison on August 9, 2022 A Fox Business network host claimed during a Tuesday morning appearance on …
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Financial News
Malaysia’s economy likely grew at the fastest pace in a year in April-June – Reuters poll
by Reutersby ReutersBy Anant Chandak BENGALURU – Malaysia’s economy grew at its fastest pace in a year last quarter, thanks to a strong rebound in private consumption and buoyant exports, but a …
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Financial News
Germany plans tax changes to help households cope with inflation – officials
by Reutersby ReutersBERLIN – Germany’s finance ministry wants to raise income tax thresholds and slightly increase child benefits in response to the highest inflation in the country in decades, ministry officials said …