MANILA (Reuters) – The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown …
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- US and World News
UAE firms resisting pay-rise demands as inflation climbs, survey shows
by Reutersby ReutersDUBAI (Reuters) – Companies in the United Arab Emirates are largely resisting demands for higher pay to offset the impact of inflation, according to a survey that showed two-thirds of …
- Department of Justice Press Releases
Arcadia Man Charged with Securities Fraud for Stealing Client Funds and Concealing His Investment Firm’s Massive Financial Losses
by DOJ Pressby DOJ Press         LOS ANGELES – A former San Gabriel Valley resident who ran Los Angeles County-based investment companies and was a frequent guest on financial television news programs was charged today …
- Financial News
China to extend tax relief for small firms, support equipment upgrades
by Reutersby ReutersBEIJING (Reuters) -China will extend tax relief for some small firms, including manufacturers, and offer low-cost loans to support equipment upgrades by companies, state media on Wednesday quoted the cabinet …
- Conservative TimesPoliticsUS and World News
Author Scrutinizing Law Firm’s 2020 Election Probe Once Published Electors’ Contact Information
Author Scrutinizing Law Firm’s 2020 Election Probe Once Published Electors’ Contact Information Trevor Schakohl on September 13, 2022 An author who once published contact information of electors who supported former …
- Financial News
U.S. Treasury Russian oil price cap guidance gives safe harbor to maritime service firms
by Reutersby ReutersBy David Lawder and Andrea Shalal WASHINGTON (Reuters) – The U.S. Treasury on Friday issued new guidance on a proposed Western price cap on Russian oil exports, saying that maritime …
- Financial News
EY’s Greater China member firms say they won’t take part in firm’s global break-up
by Reutersby ReutersHONG KONG (Reuters) – Member firms of Ernst & Young (EY) in the Greater China region will not participate in a global plan by the professional services firm to split …
- Top HeadlinesTrending NewsUS and World News
U.S. targets firms over Iranian drone production, shipment to Russia
by Reutersby ReutersWASHINGTON (Reuters) -The United States on Thursday imposed sanctions on an Iranian company it accused of coordinating military flights to transport Iranian drones to Russia and three other companies it …
- Financial News
China state firms takeover Evergrande’s $1.1 billion holding in Shengjing Bank
by Reutersby ReutersHONG KONG (Reuters) – State-owned companies of the Chinese northestern city of Shenyang bought China Evergrande Group’s shareholding in Shengjing Bank in an auction for 7.3 billion yuan ($1.05 billion), …
- Financial News
Business travel budgets rising as firms use 2019 as spending benchmark -CWT
by Reutersby ReutersBy Jamie Freed SYDNEY (Reuters) – Business travel budgets are poised to rise in 2023 as companies benchmark against pre-pandemic levels of travel spending despite growing uncertainty over the economic …
- Financial News
Oil firms seek U.S. mediation to defuse Iraq-Kurdistan tensions
by Reutersby ReutersBy Rowena Edwards (Reuters) – Oil firms operating in Kurdistan have asked the United States to help defuse an upsurge in tension between Iraq’s central government and the semi-autonomous region, …
- Financial News
One in five Czech firms look to cut jobs amid high energy prices – survey
by Reutersby ReutersPRAGUE (Reuters) – Almost one in five Czech companies will look at cutting staff this year as they struggle with rising costs and high energy prices, the country’s Chamber of …
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By Liz Hampton (Reuters) – Natural gas a few years ago was so unwanted that U.S. shale oil producers sold it at cost just to pump more oil. Today, prices …
- Financial News
Exclusive-JD.com, Yum China among Chinese firms chosen for U.S. audit inspection -sources
by Reutersby ReutersBy Julie Zhu HONG KONG (Reuters) – U.S. regulators have chosen e-commerce major JD.com Inc and KFC operator Yum China Holdings Inc among other U.S.-listed Chinese companies for audit inspection …
- Financial News
U.S. firms rethink China investment on COVID concerns-business group survey
by Reutersby ReutersWASHINGTON (Reuters) – Strict COVID-19 control measures in China have overtaken sour U.S.-China relations as the top concern of U.S. companies in the country, a business lobby said on Monday. …
- Financial News
India’s digital lending rules spark disruption, firms plan pushback
by Reutersby ReutersBy Nupur Anand and Aditya Kalra MUMBAI (Reuters) – India’s stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting companies …
- Financial News
China to take steps needed to protect Chinese firms following U.S. export control list
by Reutersby ReutersBEIJING (Reuters) – China’s commerce ministry said on Thursday it will take the measures needed to protect the legitimate rights of Chinese companies after the U.S. added seven Chinese entities, …
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By David Shepardson WASHINGTON – The U.S. Transportation Department (USDOT) said on Wednesday a supply chain pilot data-sharing project aimed at easing bottlenecks at congested U.S. ports has begun exchanging …
- Top HeadlinesUS and World News
U.S. targets Chinese, UAE firms in new Iran oil sanctions
by Reutersby ReutersBy Daphne Psaledakis and Arshad Mohammed WASHINGTON -The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens of millions of dollars’ in …
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By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Asian companies will slow investment sharply this year, deterred by soaring interest rates and fears of deepening recession, and budgets will on …
- Financial News
German firms weigh options to save gas, warn may need to cut output
by Reutersby ReutersBy Victoria Waldersee and Riham Alkousaa BERLIN – German firms are attempting to reduce gas use in response to a government plea to spare reserves, but savings may be limited …
- Financial News
Quarter of firms reach Lloyd’s of London 35% target for women leaders
by Reutersby ReutersLONDON – A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders to be women, though progress on diversity was …
- Financial News
France urges more inflation relief from firms making big profits on energy crisis
by Reutersby ReutersPARIS – The French government on Thursday urged companies whose profits have surged during the inflation crisis to do more to help households cope as it faces pressure from lawmakers …
- Financial News
Big UK firms gird for a recession but still plan to invest-Deloitte
by Reutersby ReutersLONDON – Major British firms are preparing for a recession by focusing on cost-cutting but their investment plans remain strong which suggests they do not fear a severe downturn, according …
- Financial News
Japan govt to support trading firms’ stakes in Sakhalin-2- sources
by Reutersby ReutersBy Yoshifumi Takemoto, Ritsuko Shimizu and Miho Uranaka TOKYO – The Japanese government plans to support Mitsui & Co and Mitsubishi Corp in their attempts to stay in the Sakhalin-2 …