Business

Shell shake-up leaves Dutch royally hacked off

AMSTERDAM (Reuters) — Royal Dutch Shell’s decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige. As the energy giant crosses the North Sea, it will shed “Royal Dutch” from its name, ending a link to …
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Agana Shopping Center seeks correct guess for Ross opening

HAGÅTÑA (The Guam Daily Post) — Jonel Reyes, 31, believes she has the right answer to the question of when Ross Dress for Less will open at the Agana Shopping Center in Hagåtña. “I think it will open on Dec. 1, 2021,” she told The Guam Daily Post, “… because everyone wants t…
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Fed, elected officials now challenged to define new normal

WASHINGTON (Reuters) — A year ago, as the coronavirus built toward its most intense peak, the U.S. economy was in a dark spot with job growth stalled, more than 10 million out of work and about to lose unemployment benefits, and warnings of a slide back into recession. After the deployment of three…
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Triple J Saipan announces new hires

TRIPLE J Saipan Inc. is proud to announce the recent hire of Fred Camacho as business development manager and Keith Ahn as the manager for Saipan Surfrider Hotel. As business development manager for the group, Camacho will assist in the overall coordination of Triple J’s development projects on Sai…
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First Hawaiian Bank promotes Edward Untalan

FIRST Hawaiian Bank Chairman, President and Chief Executive Officer Bob Harrison announced the promotion of Edward Untalan to executive vice president and retail banking region manager for the Guam and CNMI region. Untalan has over 34 years of banking and finance experience and is the very first ex…
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Rate hikes back on markets’ radar

(Reuters) —  For all the central bank assurances about the inflation spike being transitory, investors are struggling to look past the biggest annual rise in U.S. inflation in 31 years. A stampede for inflation-protected Treasuries sent 10-year yields on such securities to new record lows below -1.…
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Asian stocks slump, dollar shines as inflation fears flare

TOKYO (Reuters) — Inflation fears pressured Asian stocks and buoyed the dollar on Thursday after data overnight showed U.S. consumer prices surged at the fastest pace since 1990 last month, boosting the case for faster Federal Reserve policy tightening. Nominal U.S. Treasury yields shot higher, wit…
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