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…
Russian lender TCS picks payments firm BPC for Philippines expansion
MOSCOW -TCS Group Holding, which runs Russia’s largest online bank, Tinkoff, will partner with payment solutions provider BPC in the Philippines as it pushes ahead with expansion into Asian markets, the two…
French insurer CNP to stop financing new oil and gas projects
By Simon Jessop LONDON – France’s CNP Assurances will no longer finance new oil and gas projects or invest more money in companies planning to do so, joining the growing ranks of…
ECB’s De Cos says withdrawal of stimulus scheme should be data-dependent, gradual
MADRID – European Central Bank policymaker Pablo Hernandez de Cos on Thursday said that any premature tightening of monetary policy would only hurt the economy and stimulus should be withdrawn gradually. “The…
Insurer NN Group plans 1 billion euros share buyback as demand remains strong
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, driven by…
Honduras’ Congress approves $2 billion in borrowing under new leader
TEGUCIGALPA – Congress in Honduras has authorized the government to borrow up to $2 billion in 2022 and 2023 in domestic and foreign debt under a fiscal and financial emergency decree aimed…
Jana Partners launches proxy fight at Zendesk, nominates four to board
By Svea Herbst-Bayliss BOSTON – Jana Partners has nominated four directors to the board of Zendesk, arguing the company must be rehabilitated after an unpopular attempt to buy Momentive Global, parent of…
Kentucky says highly lethal bird flu confirmed in turkey flock
CHICAGO – Testing confirmed a highly lethal form of bird flu in a commercial turkey flock in Kentucky, the state said on Wednesday, expanding outbreaks in the U.S. poultry sector. Kentucky on…
Turkey gets $3 billion in first dollar debt sale since lira crash
By Yousef Saba DUBAI -Turkey sold $3 billion in Islamic bonds on Wednesday, in its first U.S. dollar-denominated debt sale since September, before unorthodox rate-cutting despite high inflation sent the lira into…
G20 finance chiefs to discuss Ukraine this week – German official
BERLIN – Finance chiefs from the Group of 20 leading economies will discuss the Ukraine crisis this week but it is unclear whether they will issue a joint statement with a political…
Crescent Energy buys EP Energy’s Uinta oil and gas assets for $815 million
– Oil and gas producer Crescent Energy said on Wednesday it would buy around 145,000 net acres of oil- and gas-producing assets in the Uinta Basin of Utah from privately owned Verdun…
Low risk of sovereign rating pressures from Ukraine tensions, Moody’s says
By Marc Jones LONDON – The risk of material credit rating pressures from the current tensions between Russia and Ukraine is low, Moody’s said on Wednesday, unless the situation continues for an…
Tight supplies lift Mideast and Russian crude grades to multi-year highs
By Florence Tan SINGAPORE -Middle East benchmark Dubai crude soared to a record this week while spot premiums for April-loading Russian oil jumped to their highest in more than two years in…
Ukraine’s Metinvest to invest $1 billion in new production facilities in 2022
KYIV – Ukraine’s largest steelmaker Metinvest BV plans to invest $1 billion this year in modernisation and new production facilities, majority owner Rinat Akhmetov said on Wednesday. “We will continue to build,…
Column-Entangled fears of Fed error and Ukraine crisis: Mike Dolan
By Mike Dolan LONDON – Keen to downplay anxieties about war in Europe, global investors appear to fear a monetary policy miscalculation even more. Their problem is that two are hugely intertwined…
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…
U.S. detects highly lethal bird flu in Tyson Foods chickens
By Tom Polansek CHICAGO -A flock of about 240,000 chickens owned by Tyson Foods Inc in Kentucky tested positive for a highly lethal form of bird flu, government officials and the company…
Colorado clerk who backs Trump’s false claims to seek state’s top election post
– A Colorado county clerk who is a proponent of former President Donald Trump’s false claims of widespread election fraud and is facing investigation for an alleged breach of voting machines on…
U.S. Coast Guard searching for missing plane with 8 aboard off North Carolina
– The U.S. Coast Guard was searching an area four miles (6 km) off the Outer Banks of the North Carolina coast for a plane that crashed into the Atlantic Ocean with…
Private equity firm CD&R offers to buy rest of Cornerstone Building Brands
– Cornerstone Building Brands Inc said on Monday that private equity group Clayton, Dubilier & Rice (CD&R) had proposed to acquire the rest of the building products maker for $24.65 per share…
Unruly passenger incident forces American Airlines flight to divert to Kansas City
– An American Airlines flight headed to Washington on Sunday was diverted to Kansas City after crew members and passengers subdued an unruly passenger, the airline said. Flight 1775 from Los Angeles…
Canada relocates military personnel out of Ukraine amid Russia threats
TORONTO – Canada has temporarily withdrawn its Ukraine-based military personnel to an undisclosed destination in Europe, the Canadian defence ministry said on Sunday, as Western countries fear Russia is preparing to invade…
New York City’s ‘oldest chocolate factory’ ramps up ahead of Valentine’s Day
NEW YORK – Dripping chocolate covered homemade, heart-shaped marshmallows at Li-Lac Chocolates’ 9000-square-foot production space in New York City, as the chocolate factory ramped up production in time for Valentine’s Day, one…
Phoenix gunfight leaves victim and suspect dead, 9 officers wounded
By David Schwartz PHOENIX -A man fatally shot a woman inside a Phoenix home on Friday, then opened fire on police who were called to the scene, wounding nine officers in a…
U.S. naval engineer charged with submarine espionage due in court for plea hearing
By Jan Wolfe WASHINGTON – A former U.S. Navy engineer charged with attempting to sell secrets about nuclear submarines to a foreign power will appear in court for a plea hearing on…
Jerry Harris from U.S. reality TV show ‘Cheer’ pleads guilty in child sex case
LOS ANGELES – Jerry Harris, who starred in the American reality TV show “Cheer,” pleaded guilty on Thursday to two charges related to child [censored]ography and sexual assault, according to a court…
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