Fed’s Brainard confirmation set to move step closer, others wait in wings
(Reuters) – One of President Joe Biden’s key nominees to the Federal Reserve, Lael Brainard, is set to move a step closer to confirmation on …
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U.S. refiners set for strong start to 2022 as fuel prices surge worldwide
By Laura Sanicola (Reuters) – U.S. oil refiners expect strong first-quarter earnings as margins to sell gasoline and diesel strengthened due to a steep dropoff …
U.S. Senate set to confirm Bedoya as FTC commissioner
By Richard Cowan WASHINGTON – Alvaro Bedoya will be confirmed to the U.S. Federal Trade Commission this week, Senate Majority Leader Chuck Schumer said on …
Consumers Set To Get Crushed As Energy Utilities Switch To Solar, Wind
Consumers Set To Get Crushed As Energy Utilities Switch To Solar, Wind Thomas Catenacci on April 21, 2022 Consumers are expected to shoulder significantly higher …
China should set up carbon ‘connect’ scheme to woo foreign investors – expert
BOAO, China – China should launch a pilot “connect” market access programme for carbon with Hong Kong to enable foreign investors to enter the country’s …
FirstEnergy Set to Plant 20,000 Trees in 2022
Company aims to exceed its 2021 accomplishment of approximately 17,000 trees planted AKRON, Ohio, April 20, 2022 — In support of its continued commitment to …
Russia set to ban sharing of ‘banking secrets’ overseas
(Reuters) – Russia’s lower house of parliament has approved a draft bill that would ban Russian banks from sharing “banking secrets” with foreigners, the State …
Energy Prices Set To Skyrocket Further As Biden Diverts More Natural Gas To Europe
Energy Prices Set To Skyrocket Further As Biden Diverts More Natural Gas To Europe Thomas Catenacci on April 18, 2022 Natural gas prices have skyrocketed …
Brazil’s Tupy set to buy Traton-owned motor maker MWM, shares soar
By Gabriel Araujo SAO PAULO – Brazilian auto parts company Tupy SA has signed a deal to buy motor maker MWM, formally known as International …
Man Set Fire to House During Domestic Dispute, Police Say
CUMBERLAND, MD – 46-year-old James Kenneth Flohr, Jr., has been arrested for a domestic assault and intentionally setting fire to a home. According to police, …
Houstonian set to appear in court for multiple money laundering charges
HOUSTON – A federal grand jury has returned an eight-count indictment against a 29-year-old Houston man in relation to a money laundering scheme, announced U.S. …
U.S. banks set for better-than-expected trading revenues
By Matt Scuffham NEW YORK – Trading may be a surprise bright spot for Wall Street banks in the first quarter, after clients rejigged portfolios …
Italy to set up unit to scrutinise takeovers of strategic firms -sources
By Giuseppe Fonte ROME – Italy plans to beef up its scrutiny of corporate takeovers with a new dedicated division at the cabinet office to …
Iran MPs set conditions for reviving 2015 nuclear deal amid stalled talks
DUBAI – Iranian lawmakers have set conditions for the revival of a 2015 nuclear pact, including legal guarantees approved by the U.S. Congress that Washington …
Exclusive – Trafigura set to take zinc out of LME system, fuelling concern – sources
By Eric Onstad and Pratima Desai LONDON – Commodity trader Trafigura and other firms are moving to take large amounts of zinc out of London …
Laredo Field Office Set To Reopen and Resume Normal Operating Hours at the Amistad Dam International Bridge in Del Rio
DEL RIO, Texas — U.S. Customs and Border Protection (CBP) Office of Field Operations (OFO) Laredo Field Office will reopen the Amistad Dam International Bridge after …
India stands by trade with Russia as Lavrov set to visit
By Aftab Ahmed and Krishna N. Das NEW DELHI – Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, …
Exclusive-ECB ready to set up money exchange for Ukrainian refugees with EU guarantee
By Jan Strupczewski BRUSSELS – The European Central Bank is ready to organise a scheme for millions of Ukrainian refugees to exchange their hryvnia currency …
Arson Charges Filed After Contractor Intentionally Set Fire to Trailer
WASHINGTON COUNTY, MD – The suspect involved in a fire at a trailer behind a home on Cool Hollow Road on March 8th has been …
East Brunswick Teens Intentionally Set Home on Fire, Police
EAST BRUNSWICK, NJ – An investigation into a fire at a home under construction in East Brunswick on Thursday has been deemed arson and now …
Washington subway system set to begin slowly resuming suspended rail car use
WASHINGTON – The Washington subway system said on Thursday that it plans to begin the gradual resumption of running trains that have been suspended since …
New York City mayor set to lift vaccine mandate on athletes, performers – report
– New York Mayor Eric Adams is set to lift the city’s COVID-19 vaccine mandate for performers and professional athletes as early as this week, …
EU to set out job, school, housing plan for Ukraine refugees
BRUSSELS – The European Commission on Wednesday will set out plans to ensure people fleeing Russia’s invasion of Ukraine have access to jobs, education and …
EU to set up Ukraine post-war reconstruction fund, draft statement says
BRUSSELS – European Union leaders are set to agree this week on an international fund to help finance the reconstruction of Ukraine from the destruction …
State Street’s SSGA set to lose $14 billion Hong Kong ETF mandate -sources
By Selena Li HONG KONG – Hong Kong Monetary Authority (HKMA) has decided to replace State Street Corp unit State Street Global Advisors (SSGA) as …
Amazon’s 2nd union vote in New York set for late April – U.S. labor board
– Amazon.com Inc workers at the company’s “LDJ5” warehouse in Staten Island, New York will vote in person starting on April 25 on whether to …
U.S.-listed Chinese shares surge, set for best week ever
– U.S-listed shares of major Chinese companies including Didi Global and Alibaba surged on Friday, set to wrap a week that was marked by China’s …
Gold set for worst week since November as safe-haven demand eases
By Brijesh Patel – Gold was on track for its biggest weekly drop in nearly four months on Friday, after demand for the safe-haven metal …
U.S. Treasury yields push to new highs as Fed looks set to hike rates
LONDON – U.S five and 10-year Treasury yields rose to their highest levels in almost three years on Tuesday, ahead of a widely-anticipated rate hike …
Exclusive-Chevron set to trade Venezuelan oil if U.S. relaxes sanctions -sources
By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON -Chevron Corp. is preparing to take operating control of its joint ventures in Venezuela if Washington relaxes sanctions …
Spain set to approve emergency U.S., Argentina corn buying
MADRID – Spain expects “in the coming hours” to approve emergency purchases of corn from Argentina and the United States for animal feed after supply …
Millions Of Genetically Modified Mosquitoes To Be Set Loose In US
Millions Of Genetically Modified Mosquitoes To Be Set Loose In US Harry Wilmerding on March 11, 2022 Millions of genetically modified mosquitoes will be released …
Volvo Cars to set up tech hub in Stockholm
STOCKHOLM – Volvo Cars will establish a tech hub in the Swedish capital of Stockholm it said on Friday, as it seeks to reach its …
New US Solar Panel Installations Set To Crater Thanks To Inflation, Supply Chain Issues
New US Solar Panel Installations Set To Crater Thanks To Inflation, Supply Chain Issues Thomas Catenacci on March 10, 2022 Solar panel installations are set …
Indian inflation likely slipped in Feb but set to rebound soon – Reuters Poll
By Tushar Goenka BENGALURU – Indian retail inflation likely slipped marginally in February, thanks to lower food prices, according to economists in a Reuters poll …
Palm oil prices set for new record highs in coming months – analyst James Fry
KUALA LUMPUR – Palm oil prices could hit a record 8,100 ringgit ($1,938) a tonne in coming months following a plunge in global edible oil …
Soaring prices set stage for eventual reversal of oil, gas demand
By Sabrina Valle, Arathy Somasekhar and Liz Hampton HOUSTON – Oil prices running at their hottest level in 14 years are poised to cut post-COVID …
Key U.S. lawmakers set plan to ban Russian energy imports, revoke Moscow’s trade status
By David Lawder and Paul Grant WASHINGTON – The top U.S. lawmakers on trade matters on Monday announced a plan for legislation to ban the …
Palladium set for biggest weekly gain in 2 years as Russia supply concerns mount
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its biggest weekly gains in two years …
Palladium set for best week in 2 years as Russia supply concerns mount
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its best week in two years as …
Bank of Canada seen set to hike for first time since 2018
By Julie Gordon OTTAWA – The Bank of Canada is poised to hike its key overnight interest rate for the first time in three years …
China set to approve 3rd batch of localities for digital yuan trials – state media
SHANGHAI – China will soon approve the third batch of localities set to launch trials of its digital yuan currency, state-backed financial outlet Securities Times …
Stocks set for a painful week as conflict intensifies; bonds to gain
By Saikat Chatterjee LONDON – World markets were set for another tumultuous week after Western nations announced a harsh set of sanctions to punish Russia …
Gas Prices Set To Skyrocket After Oil Soars Beyond $100 For The First Time Since 2014
The worldwide price of crude oil skyrocketed to more than $100 per barrel for the first time since 2014 as Russia launched a full-scale offensive …
Russia Set To Evacuate Ukraine Embassy After Sending Troops Into Separatist Territories
Russia Set To Evacuate Ukraine Embassy After Sending Troops Into Separatist Territories Sebastian Hughes on February 22, 2022 Russia’s foreign ministry announced on Tuesday it …
First Abu Dhabi Bank set to sell $500 million sukuk
By Yousef Saba DUBAI -First Abu Dhabi Bank, the United Arab Emirates’ largest lender, is set to sell $500 million in senior unsecured Islamic bonds …
Canadian banks set for 1st-qtr profit growth, but costs, margins could deal blow
By Nichola Saminather TORONTO – Canadian banks are set to report higher first-quarter earnings from a year ago, thanks to low provisions for credit losses …
Japan’s record $940 billion budget set for parliament approval in March
TOKYO – A key Japanese parliamentary committee on Monday approved the government’s record $940 billion initial spending plan for the next fiscal year, setting the …
Britain to set out plans to scrap COVID self-isolation laws
By David Milliken LONDON – British Prime Minister Boris Johnson intends to set out plans next week to remove self-isolation requirements for people infected with …
US Set To Again Become Net Importer Of Oil Despite Vast Resources
The U.S. is projected to become a net importer of crude oil in 2022, just two years after the nation achieved net exporter status, according …