Artillery strike kills two civilians in Ukraine’s Luhansk region, says governor
(Reuters) – An artillery strike on the front line town of Zolote in Ukraine’s eastern Luhansk region killed two civilians on Saturday and wounded two others, Governor Serhiy Haidai said in an…
Chinese navy laser lights up Australian military aircraft, Canberra says
SYDNEY – A Chinese navy vessel directed a laser at an Australian military aircraft in flight over Australia’s northern approaches, illuminating the plane and potentially endangering lives, Australia’s defence said on Saturday.…
U.S. judge rules for Saba Capital in closed-end fund voting litigation
By Svea Herbst-Bayliss BOSTON -A U.S. federal judge ruled that Nuveen and trustees of its closed-end funds violated the Investment Company Act by stripping hedge fund Saba Capital of its full voting…
Plans for truck convoys to arrive in Washington around State of the Union- police
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 President…
Italy approves 8 billion euro package to help economy, curb energy bills
By Giuseppe Fonte and Gavin Jones ROME -Italy’s government on Friday approved measures worth around 6 billion euros ($6.81 billion) to help consumers and firms hit by a rise in energy bills,…
Exxaro, China’s CNIC vie with AIIM for $2 billion African power firm Lekela – sources
(Refiling to add dropped words ‘utility-scale’ before wind farm, paragraph 5) By Isla Binnie and Emma Rumney JOHANNESBURG – South African miner Exxaro and Chinese state fund CNIC are among potential buyers…
G20 says global corporate tax deal should go live next year
By Leigh Thomas PARIS -G20 finance ministers recommitted on Friday to implementing a global overhaul of cross-border corporate tax rules next year in the face of concerns that meeting the deadline could…
Fleetscape probing possible Iran oil transfer to ship it finances
By Jonathan Saul LONDON – UK-based maritime company Fleetscape is investigating the possible transfer of Iranian oil to a tanker it finances, the Oaktree Capital Management-backed firm said after allegations by a…
doValue says bids due next week for 5 billion euro Greek bad loan portfolio
MILAN -Non-binding offers for a non-performing loan (NPL) portfolio worth around 5 billion euros ($5.7 billion) put on the block by Greece’s bad bank liquidator PQH are due next week, Italy’s biggest…
India plans to produce 5 million tonnes of green hydrogen by 2030
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 green hydrogen…
Slovak current account shows 831 million euro deficit in December
PRAGUE – Slovakia’s current account hit a deficit of 831 million euros ($944.85 million) in December after a revised gap of 122 million euros in November, the central bank said on Friday.…
Thai property sector recovery delayed amid Omicron -state loan agency
BANGKOK – Thailand’s property market may not return to pre-pandemic levels until 2024, due to a slower-than-expected economic recovery amid a new coronavirus outbreak and higher inflation, the research unit of a…
Fund managers predict volatile first half for risk assets
By Divya Chowdhury MUMBAI – Uncertainty over the pace of monetary policy will mean a volatile first half for risk assets followed by an upward path for equities in the second half…
British warehousing firm Segro rides surge in demand for quick delivery
-British warehousing firm Segro said on Friday the growing popularity of rapid delivery services is fuelling strong demand across its markets after it reported a 20% jump in annual profit, sending its…
Illinois highway shut after 100-car pile-up during snowstorm
– A pile-up involving more than 100 vehicles closed a portion of an interstate highway in Illinois on Thursday amid a snowstorm, according to state police and video posted on social media.…
China Orient Asset Management gets approval to issue bonds to resolve risks in property sector
SHANGHAI – China Orient Asset Management said on Friday it was approved to issue up to 10 billion yuan bonds in China’s interbank bond market to resolve risks in the property sector.…
Chinese cities ease home purchase down-payments to reignite demand
BEIJING -A handful of Chinese cities are starting to relax down-payment rules for home purchases in a bid to re-ignite buyer interest and put a floor under local economies weakened by a…
Austin police officers indicted for excessive force in 2020 racial justice protests
By Brad Brooks LUBBOCK, Texas – A grand jury in Austin, Texas, has indicted several police officers for using excessive force during racial justice protests in 2020, authorities said on Thursday. Prosecutors…
U.S. plan for new center to process Afghan evacuees in Virginia sparks controversy
By Jonathan Landay and Ted Hesson WASHINGTON – The U.S. government aims to open a new center in Northern Virginia to receive additional Afghan evacuees, according to four sources familiar with the…
Family of Black teen arrested at New Jersey mall hires George Floyd attorney Benjamin Crump
By Dan Whitcomb and Brendan O’Brien -The family of a Black teenager who was pinned to the ground and arrested by New Jersey police following a fight with a white teenager at…
Winter storm, packing heavy snow and rain, sweeps across eastern U.S
By Brendan O’Brien CHICAGO – A powerful winter storm was barreling through the eastern half of the United States on Thursday, bringing a variety of weather threats to the area that included…
U.S. authorities sue Infinity Q Capital Management, alleging fraud
By Michelle Price and Katanga Johnson WASHINGTON -U.S. authorities filed criminal and civil charges against the founder and former chief investment officer of investment adviser Infinity Q Capital Management LLC, alleging he…
U.S. sues to stop merger of Rhode Island hospital companies
WASHINGTON – The U.S. Federal Trade Commission said on Thursday that it would file a lawsuit aimed at stopping the merger of Rhode Island’s two largest health care providers, Lifespan Corp and…
Bayer rolls out short corn variety tolerant of weather extremes
By Karl Plume – Global farm chemicals and seeds maker Bayer will launch a corn variety in the United States next year that it says will better tolerate heavy winds associated with…
Private equity’s latest play: the troubled kids industry
By Michelle Conlin NEW YORK -Private equity firms are increasingly investing in behavioral services for troubled youth, according to a new report released on Thursday by the nonprofit Private Equity Stakeholder Project.…
Cryptocurrency firm Circle doubles valuation to $9 billion in tweaked SPAC deal
-Cryptocurrency operator Circle Internet Financial said on Thursday it was valued at $9 billion under new deal terms with Concord Acquisition Corp, a blank-check firm backed by former Barclays boss Bob Diamond.…
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