By Andrea Shalal WASHINGTON – The U.S. Treasury took key steps over the past year to address longstanding economic injustices facing Americans of color, but still has “much more work” …
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By Liz Lee KUALA LUMPUR – The world’s top condom maker, Malaysia’s Karex Bhd, expects demand to top pre-pandemic levels this year on consumer buying of premium products and restocking …
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STOCKHOLM -Sweden hit a new daily record for COVID-19 cases on Thursday, with figures likely to continue to increase rapidly over the next couple of weeks before peaking at the …
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WASHINGTON – Inflation in the United States is expected to decline in the second quarter of this year, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday. “This is …
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– St. Louis Federal Reserve Bank President James Bullard on Wednesday upped his view of how fast the U.S. central bank should tighten monetary policy, saying he now believes four …
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BERLIN – Daimler’s Mercedes-Benz sold 2.05 million vehicles in 2021, the company said on Friday, losing its crown for the first time in five years as the premium carmaker with …
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– Citigroup analysts on Wednesday raised their S&P 500 price target for the end of 2022, estimating it to breach the 5,000 level for the first time, as the brokerage …
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PARIS – The current inflation spike in France and the broader euro zone is close to peaking, while the latest wave of COVID-19 infections in France will have a limited …
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PARIS -French Finance Minister Bruno Le Maire said on Tuesday that the country’s growth would be significantly higher this year than the government’s current forecast of 6.25%. Le Maire also …
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By Ahmad Ghaddar LONDON – OPEC+ expects the impact on the oil market from the Omicron coronavirus variant to be mild and temporary, keeping the door open for a further …
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SINGAPORE – Singapore’s economy is recovering steadily and the government sees a need to “start moving” on raising sales tax, its prime minister said on Friday. Singapore’s sales tax, known …
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BEIJING -Chinese telecoms equipment giant Huawei Technologies Co Ltd, battered by U.S. sanctions, expects 2021 revenue to have declined nearly 30% and predicted continued challenges in the New Year. Revenue …
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TOMS RIVER, NJ – If you’re hoping to get a COVID-19 test in Ocean County at the health department clinic, think again. On Tuesday and Wednesday, the center at Ocean …
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FREEHOLD, NJ – Monmouth County Commissioner Director Thomas A. Arnone and County Commissioner Deputy Director Susan M. Kiley have announced that between Thursday, Dec. 23 and Monday, Dec. 27, there …
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JAKARTA – Indonesia’s exports this year could reach between $225 billion to $230 billion, the biggest on record for Southeast Asia’s largest economy, the country’s trade minister said on Thursday. …
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MILAN – Italian diagnostics firm DiaSorin forecast weaker 2022 sales and a near 60% plunge in COVID-19 revenue, with the rapid rollout of vaccines likely to bring the pandemic under …
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By Gabriel Araujo and Tatiana Bautzer SAO PAULO – Shares in Brazilian food processor BRF SA soared on Friday after it proposed a capital increase through the issuance of 325 …
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LONDON – London’s main shopping and entertainment district has predicted a muted final weekend of Christmas trading after customer traffic plunged on Thursday, with the highly transmissible Omicron coronavirus variant …
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PARIS – Agricultural machinery maker Claas said on Thursday it expects difficulties in securing semiconductor chips to persist for the first half of next year, which could curb a surge …
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By Aaron Saldanha and Divya Chowdhury – “Black Swan” hedge fund Universa Investments expects lower returns from risk capital including equity markets over the next few years due to frothy …
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ZURICH – Novartis is seeing strong interest from private equity investors as well as from other pharmaceuticals companies for the Sandoz generic drugs business it is considering selling, Chief Executive …
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FRANKFURT – Luxury carmaker Mercedes-Benz aims to maintain double-digit operating margins, its finance chief told Boersen-Zeitung, adding this resulted in very good dividend prospects. “Despite raw materials and semiconductor shortages …
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– There is an about 95% chance of La Nina conditions continuing during the Northern Hemisphere winter 2021-22, a U.S. government weather forecaster said on Thursday. The La Niña weather …
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By Tetsushi Kajimoto TOKYO – A majority of Japanese firms expect to freeze or cut wages in the next year even as many see profits rising, a Reuters poll found, …
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By Ben Klayman DETROIT – Volkswagen AG’s Americas chief sees the global chip shortage lasting into the third quarter of next year, but believes the auto industry will maintain the …