By Pete Schroeder WASHINGTON – The U.S. Federal Reserve said Friday the U.S. banking system remains strong despite heightened volatility and geopolitical risk, but cautioned them against prime brokerage services …
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U.S. DOJ says two mayors in Puerto Rico arrested and charged with taking bribes
by Reutersby ReutersBy Kanishka Singh WASHINGTON – The mayors of two municipalities in Puerto Rico were arrested on public corruption charges, the U.S. Justice Department said on Friday, confirming an earlier media …
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(Reuters) – Russia’s leading shipping company Sovcomflot plans to sell part of its fleet, it said on Friday, as it grapples with Western sanctions and seeks to repay outstanding loans. …
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Food prices ease slightly in April after record surge, U.N. agency says
by Reutersby ReutersROME – World food prices eased slightly in April after hitting a record high in March, but global food security remained a concern because of the difficult market conditions, U.N. …
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Europe turns into cocaine hub as multi-billion-euro market expands, EU says
by Reutersby ReutersBy Francesco Guarascio BRUSSELS – Europe is increasingly becoming a hub for production and trans-shipment of cocaine to other regions of the world, in addition to being a major consumption …
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ECB must quickly raise key rates, says head of Germany’s Ifo institute
by Reutersby ReutersBERLIN – The European Central Bank must quickly raise interest rates in line with the United States, given high inflation in the euro zone, the head of Germany’s Ifo institute …
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MercadoLibre says it is managing to offset costs through pricing
by Reutersby ReutersBy Aluisio Alves (Reuters) – MercadoLibre Inc said it was so far managing to recoup higher costs by boosting its prices as the South American e-commerce giant reversed a year-ago …
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Israel says Putin apologised for foreign minister’s Hitler remarks
by Reutersby ReutersJERUSALEM -Israeli Prime Minister Naftali Bennett said on Thursday that Russian President Vladimir Putin had apologised for his foreign minister’s comments claiming Adolf Hitler had Jewish origins. Putin also told …
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Soccer-Abramovich says he has not asked for Chelsea loan to be repaid
by Reutersby Reuters(Reuters) – Russian oligarch Roman Abramovich on Thursday denied media reports that he has asked for his loan to Chelsea football club to be repaid, saying that the suggestions are …
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Brazil’s government-owned oil sales to climb sharply, official says
by Reutersby ReutersBy Sabrina Valle HOUSTON – Brazil’s direct sales of crude will more than double this year and rise sharply this decade, as oil majors deliver more of their output to …
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DUBLIN -Ryanair has no plans to tap the bond market to finance its Boeing 737 MAX deliveries but it is ready to move at short notice should attractive opportunities arise, …
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MILAN – Italian luxury group Moncler is confident it can meet analyst expectations that sales will reach 2.4 billion euros ($2.53 billion) this year despite a new round of lockdowns …
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Chemicals group Lanxess says Russian gas embargo would hit profit
by Reutersby ReutersBy David Latona (Reuters) -German speciality chemicals maker Lanxess on Thursday said a potential embargo on Russian gas would weigh on its production and core profit this year, after releasing …
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For These Queens Women Crime is a Family Affair, D.A. Says
by Your Newsby Your NewsFrom the Desk of Queens District Attorney Melinda Katz NEW YORK, NY – Queens District Attorney Melinda Katz today announced that Stephanie Bailey, 50, her daughter Chianti Baily, 31, and …
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(Reuters) – Arts-and-crafts marketplace Etsy Inc said on Wednesday it did not see any material impact on its sales from the week-long sellers’ strike to protest a 30% increase in …
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Biden Says Right To Abortion Comes From Being A ‘Child Of God’
Biden Says Right To Abortion Comes From Being A ‘Child Of God’ Kendall Tietz on May 4, 2022 President Joe Biden said that the right to an abortion comes from …
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Charter School CEO Says Teachers Should Push ‘Social Justice’ On Students: REPORT
Charter School CEO Says Teachers Should Push ‘Social Justice’ On Students: REPORT Kendall Tietz on May 4, 2022 The CEO of a nonprofit charter school organization said educators want to …
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MEXICO CITY – Japanese automaker Nissan Motor Co said on Wednesday it will invest more than $700 million in Mexico during the next three years to boost its operations in …
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MAGA is Most Extreme Organization in American History, Biden Says
by Phil Stiltonby Phil StiltonNever mind the Ku Klux Klan, the American Communist Party or the Black Panthers. According to President Joe Biden, Americans who follow former President Donald Trump’s Make America Great Again …
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StanChart CEO says bank’s global focus still valid amid calls for HSBC break-up
by Reutersby ReutersBy Iain Withers LONDON – Standard Chartered Chief Executive Bill Winters said the merits of a UK-based, Asia-focused bank remain valid in the face of “unpredictable” geopolitical tensions. Speaking to …
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Ukraine says Russia is trying to increase tempo of eastern offensive
by Reutersby ReutersKYIV – Ukraine’s defence ministry said on Wednesday that Russia was attempting to increase the tempo of its offensive in the east of the country. Defence Ministry spokesman Oleksandr Motuzyanyk …
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Seaside Heights Says New Carousel Pavilion is Complete
by Phil Stiltonby Phil StiltonSEASIDE HEIGHTS, NJ – The historic Seaside Heights Carousel that has most recently been a fixture at the Casino Pier Arcade is now being restored at an Ohio-based restoration company, …
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Ukraine says it is ‘ready’ if Belarus joins Russian war effort
by Reutersby ReutersKYIV – Kyiv will be ready if Belarus’s armed forces join Russia’s war effort in Ukraine, a spokesperson for the Ukrainian State Border Service said on Wednesday. Belarus, a close …
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OSLO – Europe needs more gas from Norway, and from Equinor, as the continent tries to wean itself from Russian gas, Equinor Chief Executive Anders Opedal said on Wednesday. “We …
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New Jersey Senate Democrat Says Roe vs. Wade Decision a Nightmare, but We’re Ok in New Jersey
Trenton – Senate Majority Leader M. Teresa Ruiz said she woke up to a nightmare last night to find out that the U.S. Supreme Court is on the verge of …