MONROE TOWNSHIP, NJ – In early February, a Monroe Township resident fell victim to a scam falsely claiming to be from the Federal Trade Commission. The victim was tricked into …
Investment
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Chinese Critical Mineral Investment Has Exploded Since Biden Signed Landmark Climate Bill Nick Pope on March 3, 2024 China has seen a huge increase in investment related to critical minerals …
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By Jonathan Stempel (Reuters) -Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four common stock holdings, and kept investors guessing on what could …
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By Anna Tong and Krystal Hu (Reuters) – Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether, sources said, signaling …
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(Reuters) – Chubb Limited reported a surge in fourth-quarter adjusted profit on Tuesday, helped by stronger underwriting and investment incomes, sending U.S.-listed shares of the insurer up 2.8% in after-market …
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FRANKFURT (Reuters) – Germany’s RAG foundation has written off all of its investments in Rene Benko’s insolvent Signa Group, RAG Chief Executive Bernd Toenjes said in an interview with Frankfurter …
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(Reuters) – Insurer W R Berkley reported a rise in fourth-quarter profit on Wednesday, helped by higher premiums and a surge in investment income. Heightened expectations of a soft landing …
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JAKARTA (Reuters) – Indonesia recorded a total of 744 trillion rupiah ($47.34 billion) of foreign direct investment last year, up 13.7% on an annual basis, the investment ministry said on …
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CHENNAI (Reuters) – India’s Tamil Nadu state said on Tuesday that a joint venture of Corning agreed to invest 10 billion rupees ($120.4 million), underscoring the growing importance of the …
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(Reuters) – Insurance brokerage Brown & Brown reported an 85% surge in fourth-quarter profit to $268.6 million on Monday, helped by higher commissions and fees alongside better investment returns. The …
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A chief executive officer of an investment firm has been sentenced to two years in prison, followed by 18 months of home confinement, and ordered to forfeit approximately $1.6 million …
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SAN FRANCISCO – David Scott Cacchione, 59, of San Carlos, was arrested and charged with conspiracy to commit wire fraud related to an investment fraud scheme. This announcement was made …
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By Joe Cash BEIJING (Reuters) – Foreign direct investment into China shrank for the first time in over a decade in 2023, data released by the commerce ministry showed, underscoring …
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MILAN (Reuters) – A large U.S. investment bank is considering building up a 10% stake in Italy’s Banca Popolare di Sondrio, Il Sole 24 Ore newspaper reported on Thursday, without …
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GENEVA (Reuters) – Global foreign direct investment flows could rise modestly in 2024 after a marginal increase last year due to higher investment in some European economies, the United Nations …
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(Reuters) – Wells Fargo Investment Institute (WFII) boosted its 2024 year-end target for the S&P 500, citing an improved economic outlook and expectations of interest-rate cuts through the year. The …
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By Pesha Magid and Hadeel Al Sayegh RIYADH/DUBAI (Reuters) – For private equity investor Imad Ghandour changes in Saudi Arabia’s laws are prompting a rethink and his firm may buy, …
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PARIS (Reuters) – The introduction this year of a global minimum corporate tax will reshape the flow of multinationals’ foreign investments as the benefits from booking profits in tax havens …
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OSLO (Reuters) – Norway’s $1.5 trillion sovereign wealth fund faces growing obstacles to earning a return on its investments amid persistent inflation, already-high market valuations and geopolitical tension, its CEO …
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By Patricia Vicente Rua and Catarina Demony LISBON (Reuters) – Buying property in Portugal is no longer a route to a “golden visa” giving residency rights but foreigners who want …
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By Nell Mackenzie LONDON (Reuters) -Billionaire investor Cliff Asness’s AQR Capital Management finished 2023 with double digit returns in several of its funds, buoyed by stock selection, bonds, European natural …
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By Selena Li HONG KONG (Reuters) – Citigroup Inc is aiming to launch its wholly owned China investment banking unit as early as the end of this year and hire …
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By Joe Cash BEIJING (Reuters) – Angola’s decision to leave the Organization of the Petroleum Exporting Countries could open the way for Beijing to increase investment in the country’s oil …
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TAIPEI (Reuters) -Taiwan and Canada on Friday signed a bilateral investment deal, boosting the Taiwanese government’s efforts to bolster business ties with like-minded democratic partners and possibly easing the island’s …
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SHANGHAI (Reuters) -Electric vehicle maker Nio has signed a pact for an investment of $2.2 billion from CYVN Holdings, an investment vehicle based in Abu Dhabi, the Chinese company said …