Ex-Giuliani associate deserves 6-8 years for campaign finance violation – prosecutors
By Luc Cohen NEW YORK – Lev Parnas, a onetime associate of Donald Trump’s former personal lawyer Rudy Giuliani, should serve between six and eight …
Finance
‘Stop Complaining’: WaPo Personal Finance Adviser Dismisses Americans Suffering From Inflation
‘Stop Complaining’: WaPo Personal Finance Adviser Dismisses Americans Suffering From Inflation Harold Hutchison on June 22, 2022 A Washington Post columnist told Americans to “stop …
German finance regulator orders audit of Adler’s 2021 annual report
BERLIN – German finance regulator Bafin on Wednesday said it had ordered an audit of Adler Real Estate’s approved 2021 consolidated financial statements and the …
Harley names former PWC exec Maraj as EV unit’s finance chief
(Reuters) – Harley-Davidson Inc on Wednesday named former PricewaterhouseCoopers LLP (PWC) executive Tralisa Maraj as chief financial officer of its electric bike unit, LiveWire. Maraj, …
Japan Finance Minister says to respond to FX moves appropriately if necessary
TOKYO -Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about recent sharp yen weakening and would appropriately respond to exchange market moves …
Exclusive – Czech finance ministry proposes beefed-up CEZ dividend
PRAGUE – The Czech Finance Ministry has proposed that state-controlled utility CEZ pays a dividend of 48 crowns per share this year, rather tyhan the …
Germany’s debt interest payments could soar next year, finance minister warns – newspaper
BERLIN – Finance Minister Christian Lindner warned that interest charges on Germany’s public debt could reach 30 billion euros next year due to rising interest …
Banks diversity push sees Citigroup recruit associates in U.S. from outside finance
By Elizabeth Dilts Marshall NEW YORK – Facing intense competition for talent and pressure to hit diversity goals, banks are getting more creative in their …
Babel Finance suspends withdrawals as crypto markets slump
(Reuters) – Hong Kong-based Babel Finance temporarily suspended the withdrawals and redemption of crypto assets on Friday, as the crypto lender scrambles to pay its …
Canada’s finance minister says ‘soft landing’ not guaranteed as rates rise
OTTAWA – Canadian Finance Minister Chrystia Freeland expressed confidence on Thursday in the Bank of Canada’s ability to rein in surging inflation and keep price …
Moscow mulling ways to help foreigners sell Russian stocks, bonds -finance ministry
(Reuters) – Russian authorities are discussing the idea of giving foreign investors who are willing to cut exposure to Russia a chance to ditch their …
Euro zone finance ministers back Croatia’s bid to join euro
LUXEMBOURG – Euro zone finance ministers backed on Thursday Croatia’s bid to adopt the euro, clearing another hurdle on the way of the Balkan country …
Greek Finance Minister: Greece to exit EU’s enhanced surveillance framework this week
ATHENS – Greek Finance Minister Christos Staikouras said on Tuesday he expects euro zone finance ministers to confirm the country’s exit from the bloc’s enhanced …
French Finance Minister: rising U.S. bond yields show that ‘era of cost-free money is over’
PARIS – French Finance Minister Bruno Le Maire told France 2 television on Tuesday that the rise in U.S. bond yields showed that the “era …
German finance minister warns of stagflation risk, pledges return to fiscal rigour
BERLIN – German Finance Minister Christian Lindner said there was a risk of a period of high inflation and low growth following Russia’s invasion of …
Paris snaps at heels of London in overseas finance investment ranks
LONDON – France made up more ground on Britain in attracting overseas direct investment into financial services last year, according to research by accountancy firm …
Turkish finance minister says economy liberal, growth sustainable
ISTANBUL – Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way …
IMF still has concerns over Pakistan budget – finance minister
By Gibran Naiyyar Peshimam ISLAMABAD – Pakistan’s finance minister said on Saturday that the International Monetary Fund (IMF) has expressed concern about the country’s recently …
No reserves in Germany’s federal budget, says finance minister
BERLIN – Germany’s federal government has reached the limit of its fiscal capacity, its finance minister said, with extra financing to cope with the coronavirus …
Former Spring Lake Finance Director Arrested on Charges of Embezzlement, Bank Fraud, Aggravated Identity Theft
RALEIGH, N.C. – A Fayetteville woman was arrested today on charges of Embezzlement, Bank Fraud, and Aggravated Identity Theft. The Indictment alleges that Gay Cameron …
Czech finance minister outlines plan to let firms to pay taxes in euros, look at more euro debt
By Jan Lopatka and Jason Hovet PRAGUE – The Czech government’s plan to let companies pay taxes in euros from 2024 will enable the state …
French Finance Minister: reaffirms inflationary peaks to last several more months
PARIS – French Finance Minister Bruno Le Maire reaffirmed on Wednesday that he expected the peak in inflation to last several more weeks or even …
Thai economy still seen growing 3% this year – Finance Minister
BANGKOK – Thailand’s economy is still expected to grow 3% this year, driven by exports, despite global uncertainty, the finance minister said on Monday. However, …
Pakistan slashes fuel subsidies in bid to control fiscal deficit – finance minister
KARACHI, Pakistan – Pakistan will slash fuel subsidies for a second time in a week in a bid to control the fiscal deficit and secure …
Turkish finance minister says economy grew 7% in first quarter
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Monday that preliminary indicators show the economy grew at a 7% pace in the first quarter …
Russia working on new mechanism to service foreign debt – finance minister
(Reuters) – Russia will prepare a settlement mechanism before June payouts that will allow it to service its dollar-denominated foreign debt, Finance Minister Anton Siluanov …
Victoria’s Secret agrees to finance $8.3 million settlement for laid-off Thai workers
BANGKOK – Thai workers who were sacked last year from a factory supplying global lingerie brands including Victoria’s Secret will receive $8.3 million, in what …
Incoming Philippine Finance Minister does not favour tax hikes to tackle debt
MANILA – Philippine central bank governor Benjamin Diokno, who takes on a new role as finance secretary next month, said on Friday he does not …
Church Finance Manager Sentenced to 4+ Years for Embezzling $261,000
A Christ the King finance manager who embezzled more than a quarter of a million dollars from the church was sentenced today to more than …
Nigeria finance minister: low oil output barely enough to cover petrol imports
By Dan Burns DAVOS, Switzerland – Low crude oil production means Nigeria is barely able to cover the cost of imported petrol from its oil …
Finance faces new nature-positive disclosure requirements
By Divya Chowdhury and Jessica DiNapoli DAVOS, Switzerland – Financial firms already struggling with climate-compliance due to unclear measurement metrics will soon face new disclosure …
Crypto lender Babel Finance valued at $2 billion after latest fundraising
(Reuters) – Hong Kong-based Babel Finance said on Wednesday it had raised $80 million in a new funding round that valued the cryptocurrency lender and …
Swiss consumers don’t need govt help to cope with inflation -finance minister
ZURICH – Swiss Finance Minister Ueli Maurer ruled out government support for consumers hit by high energy prices and said budget cuts may be needed …
Full cost of rebuilding Ukraine impossible to quantify, says German Finance Minister
BERLIN – German Finance Minister Christian Lindner said on Tuesday it was impossible to say how much it would cost to rebuild Ukraine as long …
Saudi finance minister says no immediate plans to transfer more funds to PIF
By Yousef Saba and Saeed Azhar DUBAI – Saudi Arabia’s finance minister said on Monday there were no immediate plans to transfer more funds to …
Inflation picture is concerning, British junior finance minister says
LONDON – The inflation picture is hugely concerning but the British government has confidence in the Bank of England to get it right, Chief Secretary …
Dutch budget deficit to rise to 3.4% this year – finance ministry
AMSTERDAM – The Dutch government’s budget deficit will rise to 3.4% of GDP in 2022, the finance ministry said on Friday in its spring budget …
G7 determined to halt rise in inflation – German finance minister
KOENIGSWINTER, Germany – The Group of Seven economic powers are determined to stop the rise in inflation, German Finance Minister Christian Lindner said on Friday …
G7 to meet climate finance support goal next year – draft
KOENIGSWINTER, Germany – The Group of Seven economic powers expect to meet a climate change financing goal for developing countries by next year, G7 finance …
Former Phoenixville-Area School District Finance Director Sentenced to Over One Year in Prison For Embezzling District Funds
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Christopher Gehris, 47, Phoenixville, PA, was sentenced today to one year and two months in …
Russia allows 15 companies to remain listed abroad – finance ministry
(Reuters) – Russia has given 15 companies including metals giant Nornickel and liquefied natural gas producer Novatek approval to remain listed on foreign exchanges, the …
Slovak finance minister sets up battle with proposed tax on Russian oil processing
(Reuters) – Slovak Finance Minister Igor Matovic said on Tuesday he would propose a special tax on Russian crude processed in the country, clashing with …
G7 finance ministers plan 15 billion euros aid for Ukraine
BERLIN -The finance ministers of the Group of Seven economic powers want to put together a 15 billion euro ($15.8 billion) aid package for Ukraine …
Thai growth outlook good despite planning agency’s downgrade – Finance Minister
By Kitiphong Thaichareon BANGKOK – Thailand’s finance minister said on Tuesday this year’s economic outlook was still good despite the state planning agency’s downgrade of …
Yellen to meet Polish prime minister at start of trip to G7 finance meeting
By David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen will meet with Polish Prime Minister Mateusz Morawiecki on Monday to discuss how Russia’s invasion …
Britain to bolster competitiveness in finance after Brexit
By Huw Jones LONDON -Britain said on Tuesday it will require its regulators to help the City of London remain a globally competitive financial centre …
Lufthansa examines ITA Airways as finance data opened to bidders
By Zuzanna Szymanska and Francesca Landini FRANKFURT – Lufthansa and its partner MSC have been looking at financial data opened up by state-owned ITA Airways …
Orion Innovation’s Anoop Gala Recognized as NJBIZ Leader in Finance 2022
“I’m honored to be recognized by NJBIZ as a leader in finance and want to thank my dedicated team of more than 1200 professionals who …
Russia to cover budget deficit with rainy-day fund in 2022, Finance Minister says
(Reuters) – Russia’s National Wealth Fund (NWF), a rainy-day cushion containing oil revenues, will be the main source of financing for a budget deficit seen …
Thai finance ministry cuts 2022 GDP outlook over Ukraine war
By Orathai Sriring and Kitiphong Thaichareon BANGKOK – Thailand’s finance ministry on Wednesday reduced its 2022 economic growth forecast to 3.5% from a previous forecast …