LONDON – Credit rating agency S&P Global cut its euro zone growth forecast for the year on Monday to 3.3% from 4.4% previously, saying higher energy prices caused by the …
Global
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US and World News
Pope leads global prayer for peace between Russia and Ukraine
by Reutersby ReutersBy Philip Pullella VATICAN CITY – Pope Francis led the world’s Catholic bishops on Friday in praying for peace between Russia and Ukraine, saying the world had forgotten the tragedies …
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Financial News
Ukraine crisis likely to slow global economic growth, Yellen says
by Reutersby ReutersWASHINGTON – The Russia-Ukraine crisis is driving up commodities prices and is likely to reduce prospects for global growth in the coming year, U.S. Treasury Secretary Janet Yellen warned on …
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Financial News
Ukraine’s new agriculture minister warns over global food prices
by Reutersby ReutersLVIV, Ukraine – Ukraine’s new agriculture minister said on Friday that Ukraine’s grain stocks for export amount to $7.5 billion but did not say what the volume of grains for …
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NEW YORK – Citigroup Inc said on Thursday in a memo that Carey Lathrop, global co-head of markets, will leave the bank and Andy Morton, who has been sharing the …
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By Gaurav Dogra and Patturaja Murugaboopathy – Global tech funds are back in demand and investment inflows are surging as rising inflationary pressures and a selloff in bonds drive investors …
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Financial News
Crypto offshoot DeFi throws up new risks for investors, global regulators say
by Reutersby ReutersBy Tom Wilson LONDON – Decentralised finance – or DeFi – is throwing up new risks for investors as it evolves to mirror traditional markets, a global body for securities …
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Business News
Perdue Farms Supports Edesia Nutrition’s Global Mission to Feed Millions of Malnourished Children
by Your Newsby Your NewsThe partnership is funded through the Franklin P. and Arthur W. Perdue Foundation and the Perdue family, and aligns with the company’s Delivering Hope to Our Neighbors® initiative focused in …
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Financial News
Swiss National Bank expected to resist global rate-hike trend: Reuters poll
by Reutersby Reuters(Corrects currency in 5th graf, no other changes.) ZURICH – The Swiss National Bank will likely hold fast to the world’s lowest interest rate when it gives its latest monetary …
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Featured NewsPoliticsUS and World News
Global Energy Group Asks Citizens To Sacrifice Amid Worldwide Crisis
Global Energy Group Asks Citizens To Sacrifice Amid Worldwide Crisis Thomas Catenacci on March 18, 2022 The International Energy Agency (IEA) released a 10-point plan Friday to reduce global reliance …
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– Global bond funds saw money outflows for the tenth consecutive week in the week to March 16, as higher U.S. inflation levels evoked expectations that the Federal Reserve would …
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PARIS – The Ukraine crisis could knock more than a percentage point off global growth this year and add two and a half percentage points to inflation, the OECD estimated …
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Financial News
Factbox: Global fuel subsidies ramped up to counter energy price spike
by Reutersby ReutersSINGAPORE – Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs. Here are the measures announced: …
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Financial News
Embraer’s Eve gets order of up to 200 electric aircraft from Global Crossing
by Reutersby ReutersSAO PAULO – Brazilian planemaker Embraer SA said on Wednesday that its electric vertical take-off and landing (eVTOL) aircraft subsidiary Eve has signed a letter of intent with Global Crossing …
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Financial News
Russia’s war in Ukraine may ‘fundamentally alter’ global economic, political order – IMF
by Reutersby ReutersBy Andrea Shalal WASHINGTON – Russia’s invasion of Ukraine will affect the entire global economy by slowing growth and jacking up inflation, and could fundamentally reshape the global economic order …
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– JPMorgan Chase & Co said on Tuesday it would buy Global Shares, an Irish fintech firm whose software helps businesses manage employee stock plans. The deal, the terms of …
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US and World News
Plains drought to curb U.S. wheat harvest, adding to global supply worries
by Reutersby ReutersBy Karl Plume – A worsening drought in the southern U.S. Plains is threatening the region’s winter wheat crop just as the Ukraine crisis dents global supplies. Some farmers in …
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Financial News
Investors launch global standard for corporate climate lobbying
by Reutersby ReutersBy Simon Jessop LONDON – Investors stepped up pressure on corporate climate lobbying on Monday, launching a new 14-point action plan for companies to stick to or risk having their …
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Featured NewsFinancial NewsFood & Dining
Ukraine’s farmers stalled, fueling fears of global food shortages
by Reutersby ReutersBy Maurice Tamman, David Gauthier-Villars, Sarah McFarlane and Sarah El Safty – The Russian invasion of Ukraine threatens millions of tiny spring-time sprouts that should emerge from stalks of dormant …
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Financial News
Global financial conditions at tightest since May 2009 – Goldman Sachs
by Reutersby ReutersBy Yoruk Bahceli – Global financial conditions have reached their tightest since May 2009, according to a widely watched Goldman Sachs index, a possible sign of a world economic slowdown. …
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Financial News
U.S. SEC rejects NYDIG Bitcoin ETF and Global X Bitcoin Trust listing proposals
by Reutersby ReutersNEW YORK – The U.S. Securities and Exchange Commission rejected proposals to list and trade shares of spot bitcoin exchange-traded funds (ETFs) NYDIG Bitcoin ETF https://www.sec.gov/rules/sro/nysearca/2022/34-94395.pdf and Global X Bitcoin …
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– Barclays appointed Ihsan Essaid as co-head of its global mergers and acquisitions business, according to a memo seen by Reuters on Thursday. Essaid is a veteran of about three …
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Department of Justice Press Releases
Project Concern International, a Global Health Non-Profit Organization, Agrees to Pay $537,500 to Resolve False Claims Act Action
by DOJ Pressby DOJ PressWASHINGTON – Project Concern International (PCI) has agreed to pay the United States $537,500 to resolve allegations that it knowingly submitted false claims to …
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Financial News
Putin warns of higher global food prices if export restrictions applied
by Reutersby Reuters– Global food prices will rise further if western nations intensify economic pressure on Russia, a major global fertilizer producer, President Vladimir Putin said. Russian Agriculture Minister Dmitry Patrushev told …
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Financial News
BlackRock’s Fink says Russia essentially cut off from global capital markets
by Reutersby Reuters– Russia has essentially been cut off from global capital markets as western companies and investors increasingly shun doing business in the country following its invasion of Ukraine, BlackRock Inc …