MUMBAI (Reuters) – Indian authorities on Sunday said they had arrested a man who had masterminded the creation of many shell companies linked to China and appointed dummy directors to …
Companies,
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Financial News
Bond issuance spree as U.S. companies rush before more rate hikes
by Reutersby ReutersBy Shankar Ramakrishnan and Matt Tracy (Reuters) – Companies with the highest credit ratings in the world are engaged in a now-or-never U.S. dollar bond issuance spree to get ahead …
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Financial News
China issues draft rules to regulate financial holding companies’ related transactions
by Reutersby ReutersSHANGHAI (Reuters) – China’s central bank issued draft rules on Tuesday to regulate related transactions of financial holding companies. Such transactions must conform to rational commercial principles, be backed by …
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Department of Justice Press Releases
Leader of Nationwide Wire Fraud Scheme that Exploited App-Based Rideshare and Food Delivery Companies Sentenced to Almost Three Years in Prison
by DOJ Pressby DOJ PressAssistant U.S. Attorney Kevin Mokhtari (619) 546-8402 NEWS RELEASE SUMMARY – August 29, 2022 SAN DIEGO – Gustavo De Avila Moreira Farinha, the lead defendant in a nationwide wire fraud …
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Breaking NewsConservative TimesFeatured NewsPoliticsUS and World News
Read The Biden Admin’s Latest Threatening Letter To Oil Companies
Read The Biden Admin’s Latest Threatening Letter To Oil Companies Jack McEvoy on August 26, 2022 President Joe Biden’s energy secretary, Jennifer Granholm, sent a letter last week threatening U.S. …
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Department of Justice Press Releases
Three Companies Agree to Plead Guilty to Federal Offense and Pay Nearly $13 Million in Federal Fines and Response Costs for Offshore Oil Spill
by DOJ Pressby DOJ PressLOS ANGELES – A Texas-based oil company and two of its subsidiaries have agreed to plead guilty to violating the federal Clean Water Act, pay a $7.1 million criminal …
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Business NewsFood & Dining
Food Tech Innovator HUNGRY Again Places on the Inc. 5000 List of Fastest-Growing Private Companies
Backed by celebrity investors and fueled by industry-disrupting technology, HUNGRY ranked No.1218 on the 5,000-company list, joining the likes of past winners such as Pandora, Zappos, Microsoft, Patagonia, and other …
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Dine Out for Charity Entrees pictured: Flat Iron and Norwegian Salmon. Richmond, VA (PRESS RELEASE) Sedona Taphouse Restaurants, NAPA Kitchen and Wine, and parent company DJB Hospitality are proud to …
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By Carolina Mandl NEW YORK (Reuters) – Bridgewater Associates has cut most of its disclosed mammoth bets against European stocks, according to data group Breakout Point, using the hedge fund’s …
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Conservative TimesPoliticsUS and World News
Five Chinese Companies Leave NY Stock Exchange — Here’s Why More Could Follow
Five Chinese Companies Leave NY Stock Exchange — Here’s Why More Could Follow John Hugh DeMastri on August 12, 2022 Five state-owned Chinese companies announced that they would delist from …
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Financial News
Analysis-Bruised by a valuation freefall, payments companies brace for M&A
by Reutersby ReutersBy Pamela Barbaglia and David French LONDON/NEW YORK – Battered by a near 50% plunge in its shares over the last 12 months, Nexi, Europe’s biggest payments processor, has not …
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Department of Justice Press Releases
Inglewood Marine Wildlife Companies Plead Guilty to Federal Criminal Charges for Unlawfully Importing Live Corals from Vietnam
by DOJ Pressby DOJ PressLOS ANGELES – Two Inglewood companies pleaded guilty today to federal criminal charges for illegally importing protected live corals from Vietnam and, to conceal their unlawful activity, submitting false …
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Financial News
U.S. oil refiners, pipeline companies expect strong demand for rest of 2022
by Reutersby ReutersBy Stephanie Kelly, Laila Kearney and Laura Sanicola NEW YORK – U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even …
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Department of Justice Press Releases
Co-Owner of Multiple Companies Admits Failing to Pay Over $1 Million in Payroll Taxes
by DOJ Pressby DOJ PressNEWARK, N.J. – A co-owner of multiple businesses today admitted to his role failing to pay over $1 million in payroll taxes for his companies, U.S. Attorney Philip R. Sellinger …
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Financial News
Companies in China distance themselves from Taiwan amid Pelosi backlash
by Reutersby ReutersBy Eduardo Baptista BEIJING – From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over Taiwan following …
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Financial News
Wait and see: U.S. companies curb investment as they await Fed moves
by Reutersby ReutersBy Timothy Aeppel (Reuters) – Business investment appears to be an early victim of red-hot U.S. inflation and rising interest rates. Nonresidential fixed investment, which is how the Commerce Department …
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Financial News
Russian central bank recommends companies transfer ‘unfriendly’ FX holdings
by Reutersby Reuters(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russia’s central bank on Thursday recommended that the government order state …
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Financial News
Canadian companies stick to hiring plans even as slowdown looms
by Reutersby ReutersBy Shreya Jain and Allison Lampert TORONTO – The pace of job creation is slowing in Canada, hammered by the sharp rise in interest rates, but that is yet to …
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Featured NewsTop HeadlinesUS and World News
US Quietly Sanctions Chinese Companies As Pelosi Lands In Taiwan
US Quietly Sanctions Chinese Companies As Pelosi Lands In Taiwan John Hugh DeMastri on August 2, 2022 The U.S. State and Treasury Departments announced sanctions of four Hong Kong-based companies …
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Top HeadlinesUS and World News
UK brings in ownership register for property held by foreign companies
by Reutersby ReutersLONDON – Britain will now require foreign companies holding UK property to identify their true owners in an official register, the government said on Monday, as part of a crackdown …
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Financial News
UK companies may face ‘action’ if they downplay climate risk, watchdogs say
by Reutersby ReutersBy Huw Jones LONDON – Some of Britain’s top listed companies could be downplaying risks from climate change on their bottom line and could face “appropriate action”, regulators said on …
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Department of Justice Press Releases
CEO of Reality TV Production Companies Sentenced to One Year in Federal Prison for Defrauding Private Lender Out of $2 Million
by DOJ Pressby DOJ PressLOS ANGELES – The CEO of two Hollywood production companies that specialize in reality-television programming was sentenced today to 12 months and one day in federal prison for fraudulently …
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Financial News
Hong Kong set for billions in inflows from China companies’ listing upgrades
by Reutersby ReutersBy Scott Murdoch and Kane Wu HONG KONG – Hong Kong is set to see billions of dollars flowing in from the mainland with more Chinese companies expected to upgrade …
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Most Companies Quiet On Abortion After Roe Overturned Laurel Duggan on July 21, 2022 Most U.S. companies aren’t making public statements about the Supreme Court overturning Roe v. Wade June …
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Department of Justice Press Releases
New Orleans Man Sentenced for Conspiring to Stage Automobile Accident in Order to Defraud Insurance and Trucking Companies
by DOJ Pressby DOJ PressNEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced that LARRY WILLIAMS (“WILLIAMS”), age 49, of New Orleans, was sentenced today for Conspiracy to Commit Wire Fraud, in …