Business News

LONDON (Reuters) —  A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as risks with trading Russian oil spike, analysts say. SWIFT, or the Society for Worldwide Interbank Financial Telecommuni…

The Governor’s Council of Economic Advisers led by co-chairmen Gov. Ralph DLG Torres, front row third left, and businessman Jerry Tan, front row third right, join the governor’s cabinet and GCEA members for a photo after presenting the GCEA 2021 Annual Report and 2022 Outlook on Feb. 25 at the gove…

(NMC) —  Chung Gi Wa Restaurant is the latest business to sign on as a Northern Marianas College ProaPerks Partner, joining many other businesses and organizations. All card-carrying members of the NMC ProaPerks program can now receive a free iced tea and 10% discount for orders that are $50 or mor…

SHANGHAI (Reuters) — Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher as Russian forces fired missiles at several Ukrainian cities and landed troops on its south coast. Shortly after President Vladimir Putin said he had authorized what he c…

WASHINGTON (Reuters) — The United States on Wednesday imposed sanctions on the company in charge of building Russia’s Nord Stream 2 gas pipeline, expanding penalties on Moscow after it recognized two breakaway regions in eastern Ukraine. The sanctions, which target the Nord Stream 2 AG compan…

(Office of the Governor) — Gov. Ralph DLG Torres, through the CNMI Department of Commerce-Central Statistics Division, announces the beginning of data collection for the 2022 CNMI Prevailing Wage Study or PWS to produce the CNMI hourly wage statistics for 2022. All private businesses, public agenci…

(Reuters) — U.S. stocks fell on Wednesday as Ukraine declared a state of emergency, while reports of cyberattacks on several of its state websites fueled fears about escalating tensions with Russia. After opening higher, eight of the 11 major S&P 500 sectors fell, while a 2.3% drop in Tesla dra…

WASHINGTON (Reuters) — U.S. mortgage applications plunged to their lowest level in more than two years last week as rising mortgage rates dampened demand for loans to purchase homes and refinancing activity, a survey showed on Wednesday. The Mortgage Bankers Association or MBA said its Market Compo…

(Office of the Governor) — The CNMI Department of Commerce Registrar of Corporation hereby gives notice to the public that the Annual Corporation Report for 2021 is due on Tuesday, March 1, 2022. The Registrar of Corporation would like to remind the public that there will be a penalty fee of $150 f…

(Reuters) — Amazon.com Inc has become the poster child of technology giants bucking the trend of major conglomerates breaking up, thanks to bright growth prospects shielding it from pressure to follow suit, investors and dealmakers said. Investors have in recent years fallen out of love with conglo…