Business

NEW YORK (Reuters) — Wall Street banks are intensifying preparations for the Federal Reserve’s withdrawal of pandemic stimulus to ensure they are able to handle spikes in market volatility, help clients manage their risks — and score a profit. With the Fed expected to formally announce …

SINGAPORE (Reuters) — Asian stocks wavered on Monday, with Japanese companies catching a post-election boost but weak Chinese data weighing on the broader mood ahead of policy meetings in the United States, Britain and Australia that are set to define the rates outlook. Japan’s Nikkei rose 2.…

TOKYO (Reuters) — Sega Sammy Holdings on Monday said it is exploring a strategic alliance with Microsoft to develop big budget titles using the Xbox maker’s cloud gaming tech, driving anticipation the move could signal a deeper tie-up. Tokyo-based Sega is exploring making titles with global r…

THE Saipan Chamber of Commerce will host its monthly general membership meeting on Wednesday, Nov. 3, 2021 at the Hyatt Regency Saipan ballroom. Topics and guest speakers include: • Finance Secretary David DLG Atalig  who will speak about ARPA progress and projects as well as the new online system.…

(Reuters) — American Airlines said on Saturday it has canceled more than 1,400 flights over the weekend due to staff shortages and unfavorable weather. The U.S. airline said it canceled 551 flights on Saturday, 480 flights on Sunday, in addition to 376 flights canceled on Friday. FlightAware, a fli…

DUBAI (Reuters) — Saudi Arabian state oil producer Aramco said on Sunday its third-quarter net profit more than doubled, boosted by higher crude oil prices and volumes sold, beating analysts’ forecasts. The oil giant’s best quarterly earnings since its listing in December 2019 was fuele…

ROME (Reuters) —  The United States and the European Union on Sunday ended a dispute over steel and aluminum tariffs and said they would work on a global arrangement on steel and aluminum to combat “dirty” production and overcapacity in the industry. “The United States and the Eur…

WASHINGTON (Reuters) —  The U.S. economy grew at its slowest pace in more than a year in the third quarter as a resurgence in Covid-19 cases further stretched global supply chains, leading to shortages of goods like automobiles that slammed the brakes on consumer spending. The weaker-than-expected …

GUAM is now playing a major role in international multiplayer gaming as a server and data center hub for OneQode, a global Infrastructure-as-a-Service  company based in Australia. Bilateral network peering between OneQode and IT&E was established in October 2021 and in May, IT&E provided On…

MICAFE Snack Bar is the latest company 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 10% discount on food and beverages. Micafe Snack Bar is now a proud NMC ProaP…