MADRID – European Central Bank policymaker Pablo Hernandez de Cos on Thursday said that any premature tightening of monetary policy would only hurt the economy and stimulus should be withdrawn …
Topic:
Financial
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BEIJING – Enterprising Chinese college graduates will be able to borrow up to half a million yuan ($78,900) in the wealthy province of Zhejiang to start a business, and if …
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AMSTERDAM – Dutch insurer NN Group on Thursday announced a 1 billion euros ($1.14 billion) share buyback, as demand for insurance remained strong in the second half of last year, …
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TEGUCIGALPA – Congress in Honduras has authorized the government to borrow up to $2 billion in 2022 and 2023 in domestic and foreign debt under a fiscal and financial emergency …
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By Karen Freifeld – New York’s attorney general on Wednesday pounced on former President Donald Trump’s defense of company’s financial statements, saying the five-page statement Trump issued a day earlier …
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By Svea Herbst-Bayliss BOSTON – Jana Partners has nominated four directors to the board of Zendesk, arguing the company must be rehabilitated after an unpopular attempt to buy Momentive Global, …
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A woman who donated to the Freedom Convoy, a group of truckers and individuals protesting Canada’s vaccine mandates and COVID-19 restrictions, was forced to close her gelato store after her …
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By Yousef Saba DUBAI -Turkey sold $3 billion in Islamic bonds on Wednesday, in its first U.S. dollar-denominated debt sale since September, before unorthodox rate-cutting despite high inflation sent the …
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-Canada’s Shopify Inc on Wednesday forecast a slowing pace of revenue growth in the first half of the year, and said it was ramping up spending on a network of …
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By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw …
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By Julie Gordon and Ismail Shakil OTTAWA -Canada’s annual inflation rate accelerated again in January to hit a fresh 30-year high at 5.1%, as food and housing costs continued to …
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BERLIN – Finance chiefs from the Group of 20 leading economies will discuss the Ukraine crisis this week but it is unclear whether they will issue a joint statement with …
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– Oil and gas producer Crescent Energy said on Wednesday it would buy around 145,000 net acres of oil- and gas-producing assets in the Uinta Basin of Utah from privately …
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By Marc Jones LONDON – The risk of material credit rating pressures from the current tensions between Russia and Ukraine is low, Moody’s said on Wednesday, unless the situation continues …
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BERLIN – Finance chiefs from the Group of 20 major economies will address international financial stability at their meeting this week and reference to the issue can be expected in …
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By Huw Jones LONDON – Banks and financial advisers in Britain have called for more time to introduce a new ‘duty of care’, a landmark change in consumer protection to …
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By Florence Tan SINGAPORE -Middle East benchmark Dubai crude soared to a record this week while spot premiums for April-loading Russian oil jumped to their highest in more than two …
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KYIV – Ukraine’s largest steelmaker Metinvest BV plans to invest $1 billion this year in modernisation and new production facilities, majority owner Rinat Akhmetov said on Wednesday. “We will continue …
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By Mike Dolan LONDON – Keen to downplay anxieties about war in Europe, global investors appear to fear a monetary policy miscalculation even more. Their problem is that two are …
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ISTANBUL – The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion lira ($2.57 billion) according to footnotes of the bank’s annual financial report, with the amount to …
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By Deborah Mary Sophia and Hilary Russ -Burger King parent Restaurant Brands International Inc said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and …
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Republican members of the House Committee on Oversight and Reform wrote to Energy Secretary Jennifer Granholm on Monday, demanding more documentation and information after she violated federal trading law. The …
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Seattle – The co-owner and financial manager of a Puyallup, Washington steel fabrication business was indicted today for nine counts of failing to pay over employment taxes, announced U.S. Attorney …
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Former Financial Controller Charged With Embezzling Over $1.8 Million From Multinational Technology Company Based in Montgomery County
by DOJ PressPHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Donna Laansma, 57, of Fairless Hills, PA, was charged by Information with wire fraud and tax evasion in connection with …
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TRENTON – Acting Attorney General Andrew J. Bruck announced that an unregistered investment adviser was sentenced to 3 years in state prison for stealing over $471,000 from 24 investors he recruited …