WASHINGTON (Reuters) -St. Louis Federal Reserve president James Bullard on Monday reiterated calls for a faster pace of Fed interest rate hikes, saying that four strong inflation reports in a row warranted action and that the central bank needed to “ratify” market expectations of its upcoming moves. Bullard, who himself helped shape those expectations with…
AMSTERDAM (Reuters) – The Dutch antitrust watchdog fined Apple 5 million euros ($5.7 million) on Monday, its fourth such fine for failing to allow software application makers in the Netherlands to use non-Apple payment methods for dating apps on the App Store. The Authority for Consumers and Markets (ACM) has been levying weekly fines of…
TORONTO (Reuters) – The Canadian dollar edged lower against the greenback on Monday, as investors weighed warnings that Russia could invade Ukraine at any time and a major trade route between Canada and the United States reopened. World shares skidded and the safe-haven U.S. dollar gained ground against a basket of major currencies as the…
WINDSOR, Ontario (AP) — Ontario’s premier announced Monday that Canada’s most populous province will lift its COVID-19 proof-of-vaccination requirements in two weeks — not because of the protests that have blocked the border and paralyzed Ottawa, he said, but because “it is safe to do so.” The busiest U.S.-Canada border crossing, meanwhile, was open again…
WARSAW, Poland (AP) — Poland, the largest European Union nation to border Ukraine, is making preparations to accept Ukrainian refugees in the event of another Russian attack on that country. But the Polish government hopes that worst-case scenario can be averted. Similar preparations are being made across the region, particularly in those nations which share…
NEW DELHI (AP) — The former chief of India’s largest stock exchange was fined nearly $400,000 after a probe found she had shared confidential information with an unnamed guru who regulators say influenced her decision-making. Chitra Ramkrishna sought advice from a yogi for around 20 years, including during her 2013-2016 tenure as the head of…
BERLIN (AP) — Scientists and governments met Monday to finalize a major U.N. report on how global warming disrupts people’s lives, their natural environment and the Earth itself. Don’t expect a flowery valentine to the planet: instead an activist group predicted “a nightmare painted in the dry language of science.” The United Nations’ Intergovernmental Panel…
By Jody Godoy NEW YORK – Former Goldman Sachs banker Roger Ng is accused of bribery and money laundering charges in connection with the multibillion-dollar looting of Malaysia’s 1MDB sovereign wealth fund. Here is a timeline of key events leading up to the trial. April 2014 – Ng, Goldman Sachs’ managing director and head of…
By Chen Lin SINGAPORE (Reuters) – Airbus voiced optimism on Monday about sales of a new A350 freighter after Boeing launched a competing cargo version of its future 777X jetliner to tap into a freight boom. Airbus launched the freighter version of its A350 wide-body jet last year to address rising air cargo demand and…
BERLIN (AP) — Diplomatic efforts to head off what U.S. officials have warned could be an imminent Russian attack on Ukraine entered a new round on Monday. Russia’s top diplomat advised President Vladimir Putin to continue talks and Germany’s chancellor met the Ukrainian president. Nonetheless the U.S. announced it is closing its embassy in Ukraine…
