Letter: Resident of Ocean County Domestic Violence Shelter Raises Red Flag
I have been a resident at Providence House in Toms River, NJ for the past two months, and I am writing to expose the truth about what happens inside this shelter — a place that…
Ukrainian volunteer group raises $4 million in bitcoin since Russian invasion, research shows
By Tom Wilson LONDON – A Ukrainian volunteer group that provides equipment to the country’s army has received over $4 million in bitcoin donations since Russia launched its invasion on Thursday, according…
China’s Dalian commodity exchange raises intraday transaction fees for some futures contracts
BEIJING – China’s Dalian Commodity Exchange said on Friday that it would raise intraday transaction fees for some contracts of soybean, soyoil, palm oil, coking coal and coke futures, according to a…
Russian central bank raises limit for Friday’s repo auction to 3 trln rbls
MOSCOW – The Russian central bank on Friday said it was raising the limit at a “fine-tuning” repo auction later on Friday to 3 trillion roubles ($35.55 billion) from 2 trillion roubles,…
Russian central bank raises limit on banks’ outstanding debt under repo to $50 billion
MOSCOW – The Russian central bank on Thursday said it was raising the ceiling for banks’ outstanding debt under repo auctions to $50 billion from $15 billion as part of measures to…
Insight Partners raises $20 billion for twelfth flagship fund
– Insight Partners said on Thursday it has raised $20 billion for its twelfth flagship fund as the New York-based private equity and venture capital firm looks to ramp up investments in…
Hungary central bank raises one-week deposit rate by 30 bps to 4.6%
BUDAPEST – Hungary’s central bank raised its one-week deposit rate by 30 basis points to 4.6% at a weekly tender on Thursday, as expected, two days after it raised its base rate…
France’s Axa doubles 2021 profit, raises financial goals
PARIS -Axa reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related claims during the peak of the COVID-19 crisis. The company, Europe’s…
COVID raises risk of mental health problems; new Omicron version not making people sicker in S. Africa
By Nancy Lapid – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be…
Brazilian shoemaker Alpargatas raises $492 million in share sale
SAO PAULO – Brazilian shoemaker Alpargatas has raised 2.49 billion reais ($492 million) in a planned follow-on share offering, a securities filing showed. Investment firm Itausa, which was already one of Alpargatas’…
Spain’s Rovi raises guidance after 2021 profit jumped 151%
MADRID – Spanish pharmaceutical group Rovi raised its 2022 revenue guidance as it posted a 151% jump in annual net profit on Wednesday, citing strong growth in contract manufacturing and specialty pharmaceuticals.…
Brazil’s BNDES raises $370 million in meatpacker JBS shares sale, says executive
SAO PAULO – Brazil’s state-controlled development bank BNDES sold on Wednesday 50 million shares of the meatpacker JBS SA, raising about 1.9 billion reais ($369.90 million), said the director of capital markets…
Turkey’s Ziraat Bank raises capital to 34.9 billion lira
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 be paid…
Citigroup raises Fraser’s pay by 32% after appointing her as CEO
-Citigroup Inc Chief Executive Officer Jane Fraser will be paid $22.5 million for 2021, a 31.6% increase from the previous year when she was the president of the bank and the head…
Apple raises pay of many U.S. retail employees – Bloomberg News
– Apple Inc is raising the pay of many U.S. retail employees effective this month, Bloomberg News reported on Friday. The hikes range from 2% to 10% depending on store location and…
EU exec cuts 2022 euro zone growth forecast, sharply raises inflation view
By Jan Strupczewski BRUSSELS – Euro zone economic growth will be slower than earlier expected this year because of a new wave of COVID-19 infections, high energy prices and continued supply-side disruptions,…
ArcelorMittal raises dividend, announces new $1 billion capital return
By Marine Strauss BRUSSELS – ArcelorMittal, the world’s second largest steelmaker, said on Thursday it would increase its dividend and announced a new $1 billion capital return for the first half of…
BlackRock raises stake in scandal-hit French care group Orpea’s capital
PARIS -Asset manager BlackRock crossed the 5% threshold in scandal-hit French elderly care home operator Orpea folllowing the purchase of shares on and off the market, stock market watchdog AMF said in…
Goldman Sachs raises U.S. Treasury 10-year yield forecast
– Goldman Sachs said on Wednesday it was raising its forecast for the U.S. 10-year Treasury yield to 2.25% by end-2022 and to 2.45% by end-2023. Goldman’s previous forecast for the end…
Toms River Bowling Benefit Raises Money Toward Purchase of Mobile Sensory Vehicle for Children with Developmental Disabilities
TOMS RIVER, NJ – This weekend, Tracey Fournier and her team at the Toms River Advisory Committee on Developmental Disabilities raised money through a bowling fundraiser to raise money to purchase a…
As NFTs flourish, U.S. Treasury raises alarm over money laundering in art
By Daphne Psaledakis WASHINGTON – The U.S. Treasury Department on Friday issued a set of recommendations to combat illicit finance in the high-value art market and warned that the emerging digital art…
Analysis-Central bank balance of power shift raises policy error risk
By Balazs Koranyi and William Schomberg FRANKFURT/LONDON – In just a few short weeks, the balance of power at the world’s top central banks has shifted to conservatives, heralding the biggest wave…
Georgia Republicans’ move to redraw local voting maps raises cries of power grabs
By Nathan Layne -Republican state lawmakers in Georgia are pushing legislation to redraw electoral maps in three counties in a move that would effectively override local officials who have traditionally wielded that…
Irn-Bru maker raises prices due to fizzing UK inflation
LONDON – The maker of Irn-Bru, the iconic orange Scottish soft drink, said on Tuesday that it had increased its prices due to soaring inflation in Britain. Consumer prices are rising at…
NextEnergy Capital raises record $896 million for solar infrastructure fund
By Simon Jessop LONDON – NextEnergy Capital said on Monday it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD countries –…
China raises first batch of 2022 rare earth quota by 20%
SINGAPORE – China has set the first batch of its 2022 rare earth mining output quota at 100,800 tonnes, 20% higher than the same time last year, according to a government statement…
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