business

NEW YORK, NY — Robert Schirmer, a senior executive at Polar Air Cargo Worldwide, Inc., pleaded guilty today to conspiracy to commit wire fraud and honest services fraud. The plea …

SUFFOLK COUNTY, N.Y. – Mark Ripolone, 35, formerly of Montauk, has entered a guilty plea to five counts of Grand Larceny. Ripolone admitted to defrauding nearly $400,000 over three years, …

(Reuters) – Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, and will list some of its businesses through a …

WASHINGTON (Reuters) – U.S. President Joe Biden and Australian Prime Minister Anthony Albanese will announce a plan to cooperate on technological innovations, including artificial intelligence, clean energy, and critical minerals, …

By Dan Burns and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. business activity ticked higher in October while output in the euro zone took a surprise turn for the worse, surveys …

(Reuters) – U.S. business output ticked higher in October as the manufacturing sector pulled out of a five-month contraction on a pickup in new orders, and services activity accelerated modestly …

By Jonathan Cable LONDON (Reuters) – The Bank of England is likely done with policy tightening and will leave Bank Rate at 5.25% on Nov. 2, according to the vast …

TOKYO (Reuters) – Japan’s government will extend until the end of April next year subsidies aimed at curbing fuel prices, according to a draft of the government’s economic stimulus package …

TOKYO (Reuters) – Japan’s factory activity shrank for a fifth straight month in October while the service sector saw its weakest growth this year, a survey showed on Tuesday, amid …

By Isla Binnie NEW YORK (Reuters) – Money managers in the United States have closed funds with sustainability mandates faster than they opened new ones over the past three months …

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on CNBC Friday that while inflation remains too high it is coming down …

TOKYO (Reuters) – Kioxia Holdings has reached out to state-backed Japan Industrial Partners (JIC) to invest in a planned merger of its flash memory business with that of Western Digital, …

By Sergio Goncalves LISBON (Reuters) – Portugal will decide on the size of the stake it will sell in flag carrier TAP once competitors present their proposals, Infrastructure Minister Joao …

By Nick Carey LONDON (Reuters) – The management of bankrupt electric truck maker Volta Trucks is urgently seeking a buyer to take the company out of administration and help it …

By Scott Murdoch and Anousha Sakoui SYDNEY/LONDON (Reuters) – A major group of Country Garden offshore bondholders has appointed PJT Partners as financial advisors to lead discussions with the troubled …

COLUMBUS, OH – A shooting outside the Chantry Square business center Tuesday afternoon resulted in one person being critically injured. The Columbus Division of Police were summoned to the scene …

TRENTON, NJ – Governor Phil Murphy of New Jersey recently embarked on a nine-day Economic Trade Mission to East Asia, focusing his efforts on Japan and South Korea to bolster …

(Reuters) -Smithfield Foods’ Chinese owner WH Group is working with banks to take the U.S.-based pork producer public again in the United States, the Wall Street Journal reported on Wednesday, …

LONDON (Reuters) – The World Trade Organization is launching a task force to create a methodology to determine global carbon prices to ensure that plans to tax imports based on …

(Reuters) – U.S. asset management giant Vanguard Group has sold its 49% stake in a joint venture with Jack Ma-backed Ant Group Co, Bloomberg News reported on Tuesday, citing people …

WASHINGTON (Reuters) – U.S. business inventories increased a bit more than expected in August even as sales surged, suggesting inventory investment could provide a lift to economic growth in the …

By Mehr Bedi (Reuters) – Planemakers are betting on steady demand for business jets as the world’s largest corporate aircraft show kicks off on Tuesday, but analysts are turning cautious …

TOKYO (Reuters) -Japan’s largest labour organisation Rengo is planning to ask for a total pay hike of more than 5%, including a 3% increase in base salaries, at negotiations in …