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Seaside Park Bayfront kiddie beach closed due to high fecal bacteria levels
SEASIDE PARK, NJ – The New Jersey Department of Environmental Protection (NJDEP) has closed the bayfront kiddie beach at Fifth Avenue in Seaside Park due to high levels of fecal bacteria. Water…
Continental plans price hikes due to $3.7 billion extra costs in 2022
FRANKFURT – German car parts supplier Continental said on Friday it expects energy, logistics and materials cost to rise by 3.5 billion euros ($3.7 billion) this year due to COVID-19 and the…
U.S. solar industry warns of slowdown due to supply chain disruptions, tariff uncertainty
(Reuters) – The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports…
Traffic to Be Limited Sunday in Frederick Due to Half-Marathon
FREDERICK, MD – The Frederick Police Department has announced residents and visitors to be aware of limited traffic patterns during Sunday’s Frederick Running Festival Half-Marathon. Several roads will be closed from 6:15…
Lufthansa limits catering on some flights due to staff shortages
BERLIN – German flag carrier Lufthansa said on Friday it had to reduce the buy-on-board meal offer for some short- and medium-haul routes departing from Frankfurt as its catering contractor Gate Gourmet…
OPEC tells IMF that oil price rally mainly due to geopolitics
By Alex Lawler LONDON – OPEC told the International Monetary Fund’s steering committee on Thursday that the surge in oil prices was largely due to the Ukraine crisis, in the latest signal…
Libya halts operations at El Feel oilfield, Zueitina port due to protests
BENGHAZI – Libya halted oil production from its El Feel oilfield on Sunday and two sources at Zueitina oil port said exports there had been suspended after protesters calling for Tripoli-based Prime…
Damaged Traffic Light Repairs May Take Up To Two Weeks Due to Crash, Police Say
MONROE, NJ – A traffic light at the intersection of Prospect Plains Road and Applegarth Road might be down for two weeks after being damaged in a crash. On Thursday, a motor…
India’s Amul dairy says bracing for sales disruption due to straws ban
By Aditya Kalra NEW DELHI – India’s $8 billion Amul dairy group said on Monday it is bracing for disruptions and higher input costs for some products from July when the government’s…
Russian inflation to continue rising due to base effect, central bank says
(Reuters) – Annual inflation will continue to rise due to the base effect, the Russian central bank said on Friday, adding that tightening of monetary conditions already in place will continue to…
Fraport cancels flights due to personnel shortages
BERLIN – Germany’s biggest airport operator Fraport said on Twitter on Wednesday it had to cancel flights as it was struggling to hire enough people after massive job cuts due to the…
Production from Stellantis Italy plants to fall for fifth year due to chip crisis-union
MILAN – Vehicle production from sites owned in Italy by Stellantis and previously its predecessor Fiat Chrysler is set to fall for a fifth consecutive year in 2022 due to the microchip…
Scotiabank CEO criticizes government bank tax, misses AGM due to COVID
By Nichola Saminather TORONTO – Bank of Nova Scotia Chief Executive Officer Brian Porter criticised the Canadian government’s proposed bank tax in prepared remarks to shareholders on Tuesday, calling them a “knee-jerk…
German chemical industry suspends pay talks due to war in Ukraine
FRANKFURT – Germany’s chemical and pharmaceutical industry on Tuesday agreed a lump sum payment for workers and put further collective wage bargaining on hold, citing uncertainty stemming from Russia’s attack on Ukraine.…
Mercedes-Benz puts 5,600 workers on vacation in Brazil due to chips shortage
SAO PAULO – Mercedes-Benz Group will put more than five thousand workers on collective vacation in two plants in Brazil due to the shortage of semiconductor chips, the company said on Monday.…
Exclusive-U.S. cancels ICBM test due to Russia nuclear tensions
By Phil Stewart and Idrees Ali WASHINGTON – The U.S. military has canceled a test of its Minuteman III intercontinental ballistic missile that it had initially aimed only to delay in a…
South Brunswick High School Says Outbreak Due to School Concert
SOUTH BRUNSWICK, NJ – The South Brunswick High School released students early for a second day after 150 students either tested positive for COVID-19 or were experiencing symptoms. School officials believe the…
IMF sees Greek economy growing at slower pace due to Ukraine
By Lefteris Papadimas ATHENS – Greece’s economy is expected to expand 3.5% this year due to higher energy prices and the Ukraine crisis, the International Monetary Fund said on Friday, lowering a…
Brazil’s central bank to postpone payments to banks due to striking workers
By Bernardo Caram BRASILIA – Brazil’s central bank decided on Wednesday to postpone payments to financial institutions for resources held in accounts from the Pix instant payment system, underscoring mounting risks from…
German first-quarter dealmaking slides to six-year low due to Ukraine war jitters
By Emma-Victoria Farr and Alexander Hübner (Reuters) – Mergers and acquisitions in Germany in the first three months of 2022 have dropped 10% from the same period in 2021 in what has…
Black Knight: February Uptick in Early-Stage Delinquencies Drives First Increase in Past- Due Mortgages in Nine Months; Foreclosure Starts Fall 24% Following January Spike
Though past-due loans edged higher (+1.8%) in February, the national delinquency rate remains near pre-pandemic levels heading into March, which typically sees strong seasonal performance improvements February’s increase was driven by a…
BOJ policymaker warns of prolonged inflation due to Ukraine war
By Leika Kihara TOKYO – Japan may see consumer inflation creep up and stay near the central bank’s 2% target for a prolonged period if the war in Ukraine continues to drive…
Mazda to halt operations at two Japan plants for 2 days due to supply disruption
TOKYO – Japanese automaker Mazda Motor Corp said on Thursday it would suspend production at its two domestic factories for two days in April due to auto parts supply disruptions. It said…
KKR sticks by request of due diligence on TIM – source
MILAN – U.S. investment firm KKR is keeping its request to access Telecom Italia’s data for a due diligence analysis before it can formalise its takeover bid, a person close to the…
Cuba says fuel shortages due to spike in demand, troubles at power plant
By Nelson Acosta HAVANA – Cuba’s government said on Wednesday a spike in demand for fuel, caused in part by the failure of the country’s largest power plant last week, had led…
Ifo slashes German growth forecast for 2022 due to Ukraine war
BERLIN – German growth will be weaker than expected this year due to the effects of Russia’s invasion of Ukraine which will also push up inflation in Europe’s biggest economy, the Ifo…
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