Category Archives:
Judge sentences Trump Organization to pay $1.6 million penalty for tax fraud
NEW YORK (Reuters) - A New York judge on Friday sentenced Donald Trump's namesake real estate company to pay a $1.6 million criminal penalty, after it was convicted of scheming to defraud tax authorit...
Jan 13, 2023
U.S. import prices rebound; export prices fall
By Lucia Mutikani WASHINGTON (Reuters) - U.S. import prices unexpectedly increased in December after five straight monthly decreases, boosted by higher costs for natural gas and food, suggesting that ...
Jan 13, 2023
U.S. offers $700 million loan to EV battery material project
WASHINGTON (Reuters) - The U.S. Energy Department said Friday it has offered a conditional commitment to lend up to $700 million to Ioneer Rhyolite Ridge LLC to mine lithium carbonate for electric veh...
Jan 13, 2023
Omicron sub-variant XBB.1.5 accounts for 43% of U.S. COVID cases – CDC
(Reuters) - The fast-spreading Omicron subvariant XBB.1.5 is estimated to account for 43% of the COVID-19 cases in the United States for the week ended Jan. 14, data from the Centers for Disease Contr...
Jan 13, 2023
Minority shareholders denounce Brazil’s Americanas for ‘multi-billion fraud’
By Rodrigo Viga Gaier RIO DE JANEIRO/SAO PAULO (Reuters) - A group representing minority shareholders on Friday filed a complaint with Brazil's securities regulator against Americanas SA after the ret...
Jan 13, 2023
Wall Street banks stockpile funds for possible recession, show resilience
NEW YORK (Reuters) - Wall Street's biggest banks stockpiled more rainy-day funds to prepare for a possible recession ahead and reported weak investment banking results, but said consumers remained hea...
Jan 13, 2023
Exclusive-Nissan to consider Renault proposal on IP safeguards-sources
By Maki Shiraki, Gilles Guillaume and David Dolan TOKYO/PARIS (Reuters) - A committee of Nissan's board is set to meet next week to consider proposals from Renault to address a sticking point in talks...
Jan 13, 2023
India’s Wipro warns IT services rev could drop on slow client spending
By Sethuraman N R and Nishit Navin BENGALURU (Reuters) -India's Wipro Ltd warned on Friday that revenue in its key IT services business could decline in the current quarter as clients delayed making s...
Jan 13, 2023
Bed Bath & Beyond brings meme stocks back in vogue to start 2023
By Medha Singh (Reuters) - An army of retail traders drove up shares of meme stocks this week, led by a surge in Bed Bath & Beyond, as growing signs that inflation has peaked encouraged them to pick u...
Jan 13, 2023
Russian oil in roubles hits lowest since Nov 2020, below budget target
MOSCOW (Reuters) - The price of Russia's flagship Urals oil in roubles has hit its lowest level since November 2020, Reuters calculations showed on Friday, trading around a third lower than the govern...
Jan 13, 2023
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