Reuters reveals Russian companies, banks could reap windfall from depositary receipt delisting Reuters revealed that Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan could profit if Moscow moves to de-list Russian companies’ depositary receipts from foreign exchanges. The potential windfall is due to the fees that bank issuers of depositary receipts can…
Reuters reveals Ferrero to stop buying palm oil from Malaysia’s Sime Darby over labour concerns Reuters exclusively reported Italian confectionary giant Ferrero said it will stop sourcing palm oil from Sime Darby Plantation after the United States found the Malaysian planter used forced labour, in a reputational blow for the palm producer and for Malaysia. Labour practices across…
Reuters reveals Bird flu, Ukraine war push egg prices higher worldwide Reuters took a deep dive into how severe outbreaks of bird flu in the United States and France are tightening global egg supplies and raising prices for the food staple as the war in Ukraine disrupts shipments to Europe and the Middle East. Higher prices are particularly…
I was told today that saying “Ladies and Gentlemen” when speaking to a group of people is intolerant and rude towards those who consider themselves to be “non-binary,” meaning they don’t identify as either male or female. Well LADIES and GENTLEMEN, I respectfully refuse to comply with these delusions. So many today would rather be…
Border agents and officials are reportedly concerned about a looming “disaster” of an influx of illegal immigrants once Title 42 is lifted by the Biden administration. Title 42 is a pandemic-era order that allows border authorities to immediately expel illegal immigrants who attempt to cross the border on public health grounds. Multiple outlets have indicated…
By Casey Harper (The Center Square) President Joe Biden announced he would release 180 million barrels of oil from the Strategic Petroleum Reserve over the next six months in an attempt to stabilize rising costs, but critics question how much the move will help Americans who are struggling to pay for the price at the…