BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, autos group ACEA said on Thursday citing new report findings, amid China’s dominance …
business
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- Breaking News
Former Mamaroneck Library Business Manager Charged with Grand Larceny
by Leo Canegaby Leo CanegaWHITE PLAINS, N.Y. – The Westchester County District Attorney’s Office announced the arraignment of Mary Soto, a 62-year-old former business manager of the Mamaroneck Public Library. Charged with Grand Larceny …
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DUBAI (Reuters) – Iran’s Defence Minister Mohammad Reza Ashtiani warned that a proposed U.S.-backed multinational task force to protect shipping in the Red Sea would face “extraordinary problems”, official Iranian …
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(Reuters) – The conflict in Ukraine is significantly impacting Russia’s economy, raising domestic prices, and forcing Moscow to devote a third of its budget on defense, the Financial Times reported …
- MIsc. News
UBS steps up efforts to recover cash from Credit Suisse defectors – Bloomberg News
by Reutersby Reuters(Reuters) – Swiss lender UBS Group AG has stepped up efforts to recoup hundreds of millions in cash bonuses that Credit Suisse paid to retain dealmakers before the lender’s collapse, …
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By David Shepardson WASHINGTON (Reuters) – General Motors CEO Mary Barra said Wednesday the Detroit automaker still plans on moving to all electric vehicle sales by 2035 even as it …
- MIsc. News
Disney, Comcast increase US ad spending on Instagram after dropping Musk’s X – report
by Reutersby ReutersBy Jaspreet Singh (Reuters) – Big U.S. companies including Walt Disney and Comcast increased advertising spending on Instagram after pausing commercials on X last month, according to Sensor Tower, as …
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(Reuters) – U.S. new vehicle sales are expected to rise just 1% to 15.7 million units next year, car shopping website Edmunds said on Wednesday, as demand is likely to …
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Acting United States Attorney Susan Lehr announced the federal Grand Jury for the District of Nebraska has returned nine unsealed Indictments charging 11 defendants. Indictments are charging documents that contain …
- Government NewsPolice Blotter
Nigerian Extradited to the District of Nebraska on Business Email Compromise Fraud Scheme
by Indira Patelby Indira PatelActing United States Attorney Susan Lehr announced the extradition of Afeez Akinloye, 42, a Nigerian national, from South Africa to the District of Nebraska on charges of conspiracy to commit …
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MOSCOW (Reuters) – Russia’s gross domestic product (GDP) growth in the third quarter was confirmed on Wednesday at 5.5% compared with the same period last year, when it shrunk 3.5%, …
- MIsc. News
Crypto, insurance-linked and trend hedge funds most popular – Preqin
by Reutersby ReutersBy Nell Mackenzie LONDON (Reuters) – Trend-following and niche hedge funds that trade crypto currencies and insurance-linked assets attracted most new investor money in the first three quarters of 2023, …
- MIsc. News
Foreigners shovel $43.4 billion into EM portfolios in November – IIF
by Reutersby ReutersNEW YORK (Reuters) – Emerging markets debt and stock portfolios drew in $43.4 billion from foreign investors in November, the largest net amount since January, even as China posted another …
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By Dave Sherwood and Mark Frank HAVANA (Reuters) – Cuban gasoline, already one of the world’s best bargains, is getting cheaper by the day for those with access to dollars, …
- MIsc. News
Chinese forces approached close to Taiwan coast to ‘intimidate’ voters before key elections – sources
by Reutersby ReutersBy Yimou Lee TAIPEI (Reuters) – Taiwan’s military drove away four attempts by Chinese forces to approach the island’s sensitive contiguous zone last month, Taiwan security officials said, in what …
- MIsc. News
Developing Asia to end 2023 on brighter note as China’s economy recovers – ADB
by Reutersby ReutersMANILA (Reuters) – Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday, with growth in the region expected to be stronger …
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(Reuters) -Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies including Comcast and Walt Disney …
- MIsc. News
US Treasury, White House top brass signal Argentina support with early visits – sources
by Reutersby ReutersBy Jorgelina do Rosario and Andrea Shalal BUENOS AIRES/WASHINGTON (Reuters) – Senior U.S. officials from the National Security Council and the Treasury will visit Argentina later this week, an important …
- MIsc. News
Argentina new central bank chief to meet banks on Wednesday – sources
by Reutersby ReutersBy Jorgelina do Rosario BUENOS AIRES (Reuters) – Argentina’s new central bank president Santiago Bausili has invited bank representatives in the country for a meeting at 9 a.m. (1200 GMT) …
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By Nick Carey LONDON (Reuters) – Global sales of battery electric vehicles (BEV) and plug-in hybrids (PHEV) rose 20% versus a year ago as strong growth in North America and …
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By Rupam Jain NEW DELHI (Reuters) – India has requested the United States to share intelligence on Sikh separatists living there amid investigations into an accusation that an Indian official …
- MIsc. News
Netflix to squeak past Disney+ in US advertising revenue in 2024 – report
by Reutersby ReutersBy Chavi Mehta (Reuters) – Netflix is set to pull ahead of Disney+ in the race for U.S. advertising dollars next year as price hikes and a password-sharing crackdown pull …
- MIsc. News
India cenbank aiming at multiple targets with simultaneous purchase, sale of dollars – bankers
by Reutersby ReutersBy Nimesh Vora MUMBAI (Reuters) – The Indian central bank’s simultaneous purchase and sale of U.S. dollars in recent weeks has puzzled bankers, who speculate there may be multiple objectives …
- MIsc. News
China’s Country Garden may avoid yuan bond default after deal – Bloomberg News
by Reutersby Reuters(Reuters) – China’s Country Garden Holdings is likely to avoid its first default on yuan bonds after most holders of a local note agreed not to demand repayment this week, …
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SYDNEY (Reuters) – Australian business confidence fell to its lowest since the pandemic in November as sales and profits softened, a survey showed on Tuesday, while price pressures picked up …