German 2022 budget plans 100 billion in new borrowing – source
BERLIN – Germany’s draft budget for 2022 envisages just shy of 100 billion euros (dollars) in new borrowing, a person familiar with the budget planning said, meaning it would not…
BERLIN – Germany’s draft budget for 2022 envisages just shy of 100 billion euros (dollars) in new borrowing, a person familiar with the budget planning said, meaning it would not…
By Lisa Richwine LOS ANGELES – A senior Netflix Inc executive said on Tuesday the company had no current plans to offer a streaming option that included advertising but declined…
– Citigroup Inc said on Monday its unit Citi Commercial Bank (CCB) will hire 900 staffers, including 400 commercial bankers, over the next three years in a bid to fast-track…
By Clara Denina and Praveen Menon – Flush with cash after bumper earnings, mining companies straddle a delicate balancing act as they benefit from soaring commodity prices amid the Ukraine-Russia…
Russia devised plans to stage public executions in cities its forces conquer as a way to cut down the morale of Ukrainians, a European intelligence official told Bloomberg. In addition…
Ukrainian President Volodymyr Zelenskyy praised civilians who have taken up arms against Russia’s unprovoked invasion during a speech marking one week since it began, crediting them for their courageous stand.…
By Paul Lienert Mar 1 – Startup Our Next Energy said a new $65 million funding round will enable it to accelerate development of a long-range battery and begin evaluating…
TOKYO – Toshiba Corp said on Tuesday that Chief Executive Satoshi Ttsunakawa will resign, as the Japanese conglomerate faces increasing opposition to its controversial restructuring plans. Senior executive Taro Shimada,…
By Balazs Koranyi and Francesco Canepa FRANKFURT – European Central Bank policymakers remain open to accelerating their exit from bond buys even as the war in Ukraine raises uncertainty, and…
TOKYO – Japan will step up spending to strengthen its supply chains and do more to guard against cyberattacks launched through imported systems and software under draft legislation approved by…
ZURICH – Food group Nestle said operations in Ukraine were running normally after Russian forces fired missiles at several cities in Ukraine, but the company was monitoring the situation closely.…
COLUMBUS, Ohio – Three men pleaded guilty today to crimes related to conspiring to attack power grids throughout the United States in furtherance of racially or ethnically motivated violent extremism…
By Andy Bruce LONDON – The International Monetary Fund told the Bank of England on Wednesday to be clear about its plans to withdraw stimulus for Britain’s economy, following criticism…
WASHINGTON – The Biden administration is looking for projects to revamp U.S. ports as it ramps up spending from the $1 trillion infrastructure bill. President Joe Biden, facing political pressure…
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF – A steep drop in hydrogen shares is likely to hit the valuation of Thyssenkrupp’s hydrogen unit Nucera, according to investor and financial…
BEIJING – Luxshare Precision Industry Co Ltd, an Apple Inc supplier, said on Monday it aims to raise up to 13.5 billion yuan ($2.13 billion) to fund six projects, including…
MILAN – Italy’s former phone monopoly Telecom Italia on Sunday dismissed as “unfounded and harmful for the group” a newspaper report concerning financial targets in a plan new Chief Executive…
By David Milliken LONDON – British Prime Minister Boris Johnson intends to set out plans next week to remove self-isolation requirements for people infected with COVID-19, his office said on…
LOS ANGELES – There are plans for a series of truck convoys to arrive in Washington D.C. around the time of the State of the Union address to be given…
By Rajesh Kumar Singh CHICAGO – American Airlines Group Inc said on Friday it plans to further trim its summer schedule due to Boeing Co’s delay in delivering 787 Dreamliner…
GAINESVILLE, FLORIDA –Justin Michael Lewis, 39, of Ocala, Florida was sentenced to 66 months in federal prison following his conviction for six counts of wire fraud. The sentenced was announced…
By Sudarshan Varadhan NEW DELHI – (This February 17 story corrects first line to say five million tonnes per annum, not cumulative) India plans to manufacture five million tonnes of…
TRENTON, NJ – The nearly year-long business shutdown in New Jersey in 2020 is starting to create long-term problems, especially with those struggling to catch up on their home mortgage…
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,…
HONG KONG – Shares of cash-strapped Chinese property developer Shimao Group eased on Thursday, after it sought to extend payments of a $947 million trust loan and reports said that…