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China’s Xi urges private firms to ‘be rich and loving’ in pursuit of prosperity for all

March 6, 2023
China's xi urges private firms to 'be rich and loving' in pursuit of prosperity for all - photo licensed by shore news network.

By Yew Lun Tian BEIJING (Reuters) -Chinese President Xi Jinping said on Monday private companies should be “rich and loving” by shouldering a responsibility along …

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US approved 192 licenses for exports to blacklisted Chinese firms early 2022

March 3, 2023
Us approved 192 licenses for exports to blacklisted chinese firms early 2022 - photo licensed by shore news network.

By Karen Freifeld (Reuters) – The Biden administration approved 192 licenses worth over $23 billion to ship U.S. goods and technology to Chinese companies on …

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European chemicals firms downbeat on 2023 prospects

March 2, 2023
European chemicals firms downbeat on 2023 prospects - photo licensed by shore news network.

By Bartosz Dabrowski, Andrey Sychev and Tristan Chabba (Reuters) – European chemical producers painted a bleak picture of their prospects for 2023 on Thursday, citing …

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‘Protect Their Freedoms’: Abortion Advocacy Groups Announce Partnership With Nation’s Largest Private Law Firms

February 25, 2023
‘protect their freedoms’: abortion advocacy groups announce partnership with nation’s largest private law firms - photo licensed by shore news network.

‘Protect Their Freedoms’: Abortion Advocacy Groups Announce Partnership With Nation’s Largest Private Law Firms Katelynn Richardson on February 24, 2023 Six abortion advocacy groups have …

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U.S. State Department sanctions target Russian cabinet ministers, nuclear arms institutes

February 24, 2023

By Jonathan Landay WASHINGTON (Reuters) -The U.S. State Department on Friday marked the first anniversary of Russia’s full-scale invasion of Ukraine by sanctioning more than …

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Green Tech Firms Launch Lobbying Group To Push For Govt Subsidies To Suck CO2 Out Of The Air

February 24, 2023February 23, 2023
Green tech firms launch lobbying group to push for govt subsidies to suck co2 out of the air - photo licensed by shore news network.

Green Tech Firms Launch Lobbying Group To Push For Govt Subsidies To Suck CO2 Out Of The Air John Hugh DeMastri on February 23, 2023 …

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Recidivist Defendant Charged In Connection With Million-Dollar Fraud Scheme Targeting Senior Executives Of Investment Firms

February 22, 2023

Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director in Charge of the New …

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‘No Excuse’: International Regulator Demands Energy Firms Curb Methane Emissions

February 22, 2023
‘no excuse’: international regulator demands energy firms curb methane emissions - photo licensed by shore news network.

‘No Excuse’: International Regulator Demands Energy Firms Curb Methane Emissions John Hugh DeMastri on February 21, 2023 The head of the International Energy Agency (IEA) …

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EU imposes sixth set of sanctions on Myanmar officials, firms over coup

February 20, 2023
Eu imposes sixth set of sanctions on myanmar officials, firms over coup - photo licensed by shore news network.

(Reuters) – The European Union on Monday imposed a sixth round of sanctions on Myanmar over the 2021 military coup that overthrew elected leader Aung …

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Analysis-European firms strike high-stakes bond deals as interest rates rise

February 17, 2023
Analysis-european firms strike high-stakes bond deals as interest rates rise - photo licensed by shore news network.

By Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) – European firms are selling debt that can be converted into their own shares at an …

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South Korea looking into bonuses at insurers, card firms – Yonhap

February 16, 2023
South korea looking into bonuses at insurers, card firms - yonhap - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s financial regulator is looking into bonus schemes at major insurance and credit card companies as the government calls for firms …

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Many companies and finance firms yet to set deforestation policy – report

February 14, 2023
Many companies and finance firms yet to set deforestation policy - report - photo licensed by shore news network.

By Simon Jessop LONDON (Reuters) – Almost half of the companies most reliant on the commodities responsible for deforestation, and the financial firms that back …

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German authorities raid firms suspected of Russia sanctions violations

February 9, 2023
German authorities raid firms suspected of russia sanctions violations - photo licensed by shore news network.

By Matthias Inverardi and Steve Stecklow (Reuters) – German authorities searched the premises of three companies early Thursday as part of an ongoing probe into …

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Fed releases 2023 stress test scenarios for banks, including extra new shock for big firms

February 9, 2023
Fed releases 2023 stress test scenarios for banks, including extra new shock for big firms - photo licensed by shore news network.

By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve on Thursday released the hypothetical economic strains they will use to test the strength of …

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Biden plans to curb investment by U.S. firms in Chinese tech – NYT

February 9, 2023
Biden plans to curb investment by u. S. Firms in chinese tech - nyt - photo licensed by shore news network.

(Reuters) – The Biden administration is poised to introduce new restrictions on U.S. companies funding the development of advanced computing technologies in China, the New …

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Lab-Grown Meat Firms Don’t Know If Their Food Is Safe Long-Term: REPORT

February 7, 2023
Lab-grown meat firms don’t know if their food is safe long-term: report - photo licensed by shore news network.

Lab-Grown Meat Firms Don’t Know If Their Food Is Safe Long-Term: REPORT John Hugh DeMastri on February 7, 2023 Despite leading scientists generally agreeing that …

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U.S. firms in Taiwan making ‘contingency’ plans amid China tensions

February 7, 2023
U. S. Firms in taiwan making 'contingency' plans amid china tensions - photo licensed by shore news network.

TAIPEI (Reuters) – Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or plan to revise their business …

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Law firms in Meta antitrust lawsuit clash over lead role

February 6, 2023
Law firms in meta antitrust lawsuit clash over lead role - photo licensed by shore news network.

By Mike Scarcella (Reuters) – Two major U.S. law firms are feuding over which one will lead a consumer antitrust class action against Meta Platforms …

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Brazil currency firms, rate cut bets pushed back by central bank’s hawkish outlook

February 2, 2023
Brazil currency firms, rate cut bets pushed back by central bank's hawkish outlook - photo licensed by shore news network.

By Marcela Ayres BRASILIA (Reuters) – Brazil’s currency firmed and interest rate futures jumped on Thursday as a more hawkish outlook from the central bank …

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Oklahoma Treasurer Presses Financial Institutions To Say Whether They’re Boycotting Energy Firms

February 3, 2023February 1, 2023
Oklahoma treasurer presses financial institutions to say whether they’re boycotting energy firms - photo licensed by shore news network.

Oklahoma Treasurer Presses Financial Institutions To Say Whether They’re Boycotting Energy Firms John Hugh DeMastri on February 1, 2023 Republican State Treasurer Todd Russ of …

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U.S. Senate finance chair: Congress should hike tax on oil firms’ stock buybacks

January 26, 2023
U. S. Senate finance chair: congress should hike tax on oil firms' stock buybacks - photo licensed by shore news network.

(Reuters) – U.S. Senate Finance Committee Chair Ron Wyden on Thursday said Congress must do more to raise taxes on oil companies’ stock buybacks after …

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Exclusive-Equinor joins Western oil firms’ retreat from Nigeria -sources

January 25, 2023
Exclusive-equinor joins western oil firms' retreat from nigeria -sources - photo licensed by shore news network.

By Ron Bousso LONDON (Reuters) – Norway’s Equinor has launched the sale of its stake in an offshore Nigerian oilfield, joining a retreat by Western …

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U.S. card firms’ growth to moderate as luxury buying falters

January 24, 2023
U. S. Card firms' growth to moderate as luxury buying falters - photo licensed by shore news network.

By Manya Saini and Niket Nishant (Reuters) – U.S. card companies are expected to post the slowest revenue growth in seven quarters, as consumers tighten …

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Defense firms set to post higher sales, McCarthy’s election clouds outlook

January 23, 2023
Defense firms set to post higher sales, mccarthy's election clouds outlook - photo licensed by shore news network.

By Nathan Gomes (Reuters) – Defense companies are expected to post higher fourth-quarter sales, according to analysts, bolstered by easing supply chain bottlenecks and increased …

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U.S. CFTC commissioner warns of risks if crypto firms self-certify

January 18, 2023
U. S. Cftc commissioner warns of risks if crypto firms self-certify - photo licensed by shore news network.

By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) – A top official with the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday plans to …

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U.S. firms pessimistic about economic growth this year, Fed survey shows

January 18, 2023
U. S. Firms pessimistic about economic growth this year, fed survey shows - photo licensed by shore news network.

(Reuters) – There were some encouraging signs U.S. inflation pressures and labor shortages were easing, a Federal Reserve report showed on Wednesday, but economic activity …

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The World Economic Forum Partners With Chinese Tech Firms Allegedly Linked To Genocide, Surveillance

January 17, 2023
The world economic forum partners with chinese tech firms allegedly linked to genocide, surveillance - photo licensed by shore news network.

The World Economic Forum Partners With Chinese Tech Firms Allegedly Linked To Genocide, Surveillance Philip Lenczycki on January 16, 2023 The World Economic Forum (WEF), …

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Father And Son Owners Of Jacksonville Construction Firms Sentenced To Federal Prison For Conspiring To Defraud The IRS

January 10, 2023
Father and son owners of jacksonville construction firms sentenced to federal prison for conspiring to defraud the irs - photo licensed by shore news network.

Jacksonville, Florida – U.S. District Judge Marcia Morales Howard today sentenced Jacksonville residents Raul Solis (52) and Raul Solis-Martinez (33) to 33 months and 21 …

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China central bank to support private firms, ease tech crackdown – CCTV

January 9, 2023
China central bank to support private firms, ease tech crackdown - cctv - photo licensed by shore news network.

BEIJING (Reuters) – China’s central bank will step up support for private firms as part of steps to shore up the economy, while easing a …

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Financing for Chinese real estate firms jumps 33% year-on-year in Dec

January 8, 2023January 8, 2023
Financing for chinese real estate firms jumps 33% year-on-year in dec - photo licensed by shore news network.

BEIJING (Reuters) – Chinese property companies raised a total of 101.8 billion yuan ($14.9 billion) in December, up 33.4% year on year, driven by more …

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Venezuela owes over $20 million to law firms on guarding overseas assets

January 6, 2023January 6, 2023
Venezuela owes over $20 million to law firms on guarding overseas assets - photo licensed by shore news network.

CARACAS (Reuters) – Venezuela owes $20.7 million to U.S. law firms handling litigation against creditors seeking to collect unpaid debts from bond defaults and nationalizations …

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Canada’s Ivey PMI hits 2-1/2 year low as firms slash inventories

January 6, 2023
Canada's ivey pmi hits 2-1/2 year low as firms slash inventories - photo licensed by shore news network.

TORONTO (Reuters) – Canadian economic activity contracted in December at the sharpest pace since the early stages of the COVID-19 pandemic as firms worked to …

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Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit

January 5, 2023January 5, 2023
Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit - photo licensed by shore news network.

By Hannah Lang (Reuters) – The crypto industry’s woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, …

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Tech firms lead companies with most December job cuts -report

January 5, 2023
Tech firms lead companies with most december job cuts -report - photo licensed by shore news network.

By Michael S. Derby NEW YORK (Reuters) – American technology firms dominated the number of announced job cuts in December, as some employers downsized workforces …

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Credit reporting firms should fix practices amid consumer complaints- U.S. watchdog

January 3, 2023
Credit reporting firms should fix practices amid consumer complaints- u. S. Watchdog - photo licensed by shore news network.

By Hannah Lang (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday recommended that Experian, Equifax and TransUnion change how they respond to …

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Here’s How Much Money Republicans Pulled From BlackRock Over Firm’s Climate Policies In 2022

January 1, 2023
Here’s how much money republicans pulled from blackrock over firm’s climate policies in 2022 - photo licensed by shore news network.

Here’s How Much Money Republicans Pulled From BlackRock Over Firm’s Climate Policies In 2022 Jack McEvoy on December 31, 2022 Republican states removed almost $4.5 …

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Turkish central bank includes other financial firms in securities regulation

December 31, 2022
Turkish central bank includes other financial firms in securities regulation - photo licensed by shore news network.

ANKARA (Reuters) – The Turkish central bank has included non-bank financial companies in securities maintenance regulations as part of its “liraization strategy” which will be …

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China drafts rules for trust firms to curb shadow banking

December 30, 2022December 30, 2022
China drafts rules for trust firms to curb shadow banking - photo licensed by shore news network.

BEIJING (Reuters) -China’s banking and insurance regulator issued draft rules on Friday to step up oversight of the $3 trillion trust industry, and reduce financial …

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Japan firms to stop insuring ships in all Russian waters -Nikkei

December 23, 2022

TOKYO (Reuters) – Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the war in Ukraine, potentially affecting …

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Portugal approves windfall tax on energy firms, food retailers

December 20, 2022
Portugal approves windfall tax on energy firms, food retailers - photo licensed by shore news network.

By Sergio Goncalves LISBON (Reuters) – Portugal’s parliament on Tuesday approved a 33% tax on the windfall profits that energy companies and food retailers may …

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Cardiac monitoring firms to pay more than $44 million to resolve allegations of false claims act violations -U.S.

December 20, 2022December 20, 2022
Cardiac monitoring firms to pay more than $44 million to resolve allegations of false claims act violations -u. S. - photo licensed by shore news network.

WASHINGTON (Reuters) – BioTelemetry Inc. and its subsidiary CardioNet LLC have agreed to pay $44.9 million to resolve allegations that they knowingly submitted claims to …

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China keen on regulatory cooperation in audit of U.S.-listed Chinese firms

December 15, 2022December 15, 2022
China keen on regulatory cooperation in audit of u. S. -listed chinese firms - photo licensed by shore news network.

BEIJING (Reuters) – The China Securities Regulatory Commission is looking forward to working with U.S. regulators to continue promoting future annual audit and supervision on …

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Australian firms turn pessimistic even as business remain brisk

December 12, 2022
Australian firms turn pessimistic even as business remain brisk - photo licensed by shore news network.

SYDNEY (Reuters) – Australian businesses turned in a pessimistic outlook for the first time this year in November as they worried about inflation and higher …

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U.S. extends three firms’ export ban over China exports

December 8, 2022December 8, 2022
U. S. Extends three firms' export ban over china exports - photo licensed by shore news network.

By David Shepardson and Karen Freifeld WASHINGTON/NEW YORK (Reuters) – The U.S. Commerce Department will continue to deny three U.S.-based firms’ export privileges, the government …

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EU starts crackdown on commodity firms using derivatives markets

December 7, 2022December 7, 2022
Eu starts crackdown on commodity firms using derivatives markets - photo licensed by shore news network.

By Huw Jones LONDON (Reuters) – The European Union flagged tougher requirements on Wednesday for commodity companies using derivatives markets after failing to meet higher …

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EY sees other Big Four firms mirroring its proposed split

December 6, 2022
Ey sees other big four firms mirroring its proposed split - photo licensed by shore news network.

By Huw Jones LONDON (Reuters) – Splitting EY into separate accounting and consultancy businesses will help pay rising technology bills and “inevitably” be copied by …

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U.S. agency investigating crypto firms for misconduct

December 5, 2022December 5, 2022
U. S. Agency investigating crypto firms for misconduct - photo licensed by shore news network.

WASHINGTON (Reuters) – A U.S. agency that probes allegations of deceptive conduct confirmed on Monday that it had investigations open into several cryptocurrency firms for …

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Texas may offer exit path for sanctioned financial firms

December 5, 2022December 5, 2022
Texas may offer exit path for sanctioned financial firms - photo licensed by shore news network.

By Ross Kerber (Reuters) – A Texas official has offered big financial companies a potential avenue to leave an energy sanctions list if they drop …

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Mexico, U.S. plan pitch by early 2023 to lure firms from abroad

December 2, 2022
Mexico, u. S. Plan pitch by early 2023 to lure firms from abroad - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexican Economy Minister Raquel Buenrostro and U.S. Secretary of Commerce Gina Raimondo on Friday agreed to set out a plan by …

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Florida Takes $2 Billion Away From BlackRock Due To Firm’s Activist Investing Standards

December 2, 2022
Florida takes $2 billion away from blackrock due to firm’s activist investing standards - photo licensed by shore news network.

Florida Takes $2 Billion Away From BlackRock Due To Firm’s Activist Investing Standards Jack McEvoy on December 1, 2022 Florida’s Chief Financial Officer Jimmy Patronis …

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