U.S. to resume oil, gas drilling on public land despite Biden campaign pledge
By Katanga Johnson WASHINGTON – The Biden administration on Friday said it has resumed plans for oil and gas development on federal lands, a move …
Despite
Southern Copper says Peru mine remains halted despite latest deal to end protests
By Valentine Hilaire (Reuters) – Southern Copper Corp said on Wednesday that its Peruvian mine remains closed after six weeks of a standoff with protesters, …
Citigroup says Mexico unit buyer’s nationality not decisive, despite government preference
MEXICO CITY – The nationality of who buys Citigroup’s Mexican unit, known as Citibanamex, will not be the deciding factor despite the Mexican government’s preference …
U.S. recession not imminent despite yield curve inversion, BlackRock executive says
NEW YORK – A U.S. recession is not imminent despite the inversion of a part of the U.S. Treasury yield curve which has been “artificially …
Despite Denials, Joe Biden Was Involved With Hunter’s Wheeling And Dealing
Despite Denials, Joe Biden Was Involved With Hunter’s Wheeling And Dealing Harold Hutchison on April 7, 2022 Despite denials from the White House, President Joe …
Brazil real to keep close to pre-pandemic levels despite feeble economy: Reuters poll
By Gabriel Burin BUENOS AIRES – Brazil’s real will keep trading close to its pre-pandemic levels in coming weeks, still riding a wave of positive …
Sri Lanka’s president will not resign, despite protests – minister
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO -Sri Lankan President Gotabaya Rajapaksa will not resign, a minister said on Wednesday, despite demonstrations against his handling …
California City To Give Trans Residents $900 A Month Despite Resistance from Transgender Mayor
California City To Give Trans Residents $900 A Month Despite Resistance from Transgender Mayor Laurel Duggan on April 5, 2022 Palm Springs, California is set …
Russia Expects To Get Richer Despite Being Slapped With Western Sanctions
Russia Expects To Get Richer Despite Being Slapped With Western Sanctions Thomas Catenacci on April 5, 2022 The Russian government is projecting an increase of …
Early voting in Ohio begins despite ongoing fight over U.S. congressional map
By Joseph Ax (Reuters) – Early voting began in Ohio on Tuesday for the May 3 primary elections, all but ensuring that voters will pick …
Brazil should keep inflation targets despite shocks, says central bank nominee
BRASILIA – Diogo Guillen, who was nominated to the board of Brazil’s central bank, said on Tuesday that it seems appropriate to keep the government’s …
Global nickel smelting up in March despite Ukraine, satellite data shows
LONDON – Global nickel smelting activity climbed in March, including in major producer Russia despite the Ukraine conflict, data from satellite surveillance of nickel plants …
Prices Are Still Rising Despite The Fed Saying Everything’s Under Control
Prices Are Still Rising Despite The Fed Saying Everything’s Under Control Harry Wilmerding on March 31, 2022 The price of goods throughout the economy rose …
Analysis-Cyber insurers face hefty Ukraine war-related claims, despite fine print
By Carolyn Cohn and Noor Zainab Hussain LONDON – Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite …
Exclusive-Italy to stick to 5.6% deficit target despite slashing growth outlook – sources
By Giuseppe Fonte and Gavin Jones ROME – Italy plans to confirm its 2022 budget deficit target at 5.6% of national output, two sources close …
BOJ policymakers saw need for easy policy despite rising prices – March meeting summary
By Leika Kihara TOKYO – Bank of Japan policymakers stressed the need to keep monetary policy ultra-loose, even as some of them saw signs of …
ECB’s Centeno says recession not in ECB’s scenario despite Ukraine
LISBON – The European Central Bank does not contemplate a recession in the euro zone in its economic scenario despite the conflict in Ukraine that …
U.S. soldiers alive, despite Russia ‘fake news’ report, U.S. military says
By Phil Stewart WASHINGTON – Three current and former members of the Tennessee National Guard falsely identified in a Russian media report as mercenaries who …
Asian bonds receive foreign inflows in Feb despite soaring geopolitical concerns
By Gaurav Dogra – Emerging Asian bonds excluding China continued to see foreign inflows for a 21st straight month in February, but analysts are turning …
Euro zone headed for robust growth despite Ukraine war: Lagarde
FRANKFURT – The euro zone economy is still set for robust growth this year, even if war in Ukraine is going to be a drag …
U.S. banks will keep a toe in Russia despite wind-downs
By Matt Scuffham and David Henry NEW YORK – Several of Wall Street’s biggest banks are planning on keeping a limited presence and holding on …
Australia’s central bank still patient on policy despite inflation shock
By Wayne Cole SYDNEY – Australia’s central bank remains prepared to be patient on raising interest rates as it waits for wage growth to pick …
White House urges Senate committee to advance Fed slate despite Manchin
WASHINGTON – The White House said on Monday it still supported moving all five of U.S. President Joe Biden’s nominees for the Federal Reserve through …
China premier confident of hitting 2022 growth target despite obstacles
By Ryan Woo BEIJING – Chinese Premier Li Keqiang said on Friday he is confident of hitting this year’s economic growth target, despite headwinds including …
UK house prices keep on rising despite squeezed budgets: RICS
By Andy Bruce LONDON – House price growth in Britain hit a new eight-month high in February as the housing market showed little sign of …
The NRP Group Plans To Break Ground On 23 Developments Representing over 6,000 Apartment Homes in 2022, Despite Considerable Headwinds
CLEVELAND, March 8, 2022 — The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, plans to break ground on more …
Brazilian power sector to benefit from rains, despite higher oil prices – ONS
RIO DE JANEIRO – The improvement in the level of Brazil’s main hydroelectric reservoirs should ease the costs of operating the electricity system this year, …
Ukraine will service debt on time and in full despite Russian invasion -government
By Natalia Zinets LVIV – Ukraine will service its debt on time and in full, bolstered by financing from allies and international institutions who have …
China’s economy resilient despite uncertainties caused by Ukraine crisis – state planner
BEIJING – China’s economy remains resilient despite rising uncertainties caused by the Ukraine crisis, the country’s state planner said on Monday. China will enhance policy …
Ukraine’s banking system remains resilient despite war, says central bank governor
LVIV – Ukraine’s central bank governor Kyrylo Shevchenko said on Thursday the Ukrainian banking and financial system remained resilient amid Russia’s invasion and had been …
UK services expand at fastest since June despite record price rises – PMI
By David Milliken LONDON – Price rises in Britain’s services sector last month were the most widespread in more than 25 years as businesses recovered …
US Tech Companies Crack Down On Russian State-Backed Media Despite Kremlin Pressure
US Tech Companies Crack Down On Russian State-Backed Media Despite Kremlin Pressure Ailan Evans on February 28, 2022 American tech companies have taken steps to …
Russian oil exports continue despite payment issues – sources
MOSCOW/LONDON – Russian oil exports continued to flow to Europe and onwards on Friday, even as Russian sellers and Western buyers said they struggled with …
OPEC+ deal seen on track despite Russia’s Ukraine invasion -sources
By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar MOSCOW/LONDON – A deal among OPEC+ oil producers including Russia is showing no cracks so far after …
UK spending edges up in past week despite weather hit
LONDON – British consumer spending edged up in the week to Feb. 17, but other measures were hurt by a series of winter storms which …
Dubai housing a buyer’s market despite surprise price rise – Reuters poll
By Md Manzer Hussain BENGALURU – Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful …
US Set To Again Become Net Importer Of Oil Despite Vast Resources
The U.S. is projected to become a net importer of crude oil in 2022, just two years after the nation achieved net exporter status, according …
‘May be soon’: Argentina’s $40 billion IMF deal trundles closer despite push-back
By Jorge Otaola and Adam Jourdan BUENOS AIRES – Argentina’s deal with the International Monetary Fund (IMF) to refinance over $40 billion in debts is …
Continental to keep investing in Lithuania despite China pressure
VILNIUS – Continental will continue investing in a factory in Lithuania, an executive was quoted saying, despite a diplomatic dispute between Beijing and the Baltic …
Spanish exports top pre-pandemic levels despite Brexit, supply chain
By Belén Carreño MADRID – Exports of Spanish goods soared 21.2% last year to surpass pre-pandemic levels despite global supply chain problems and the impact …
Despite challenges, Asia’s aerospace industry plots rebound at air show
By Chen Lin and Aradhana Aravindan SINGAPORE – As a depleted Singapore Airshow winds down, delegates reported growing optimism as the hard-hit Asian aerospace market …
Credit Suisse paid out millions despite compliance alert, drugs trial told
By Stephanie Nebehay BELLINZONA, Switzerland – An ex-Credit Suisse manager told a Swiss court on Monday that millions of euros were paid out of accounts …
UK housing market heats up in January despite cost pressures – RICS
LONDON – Already rapid house price growth in Britain hit a new six-month high in January but momentum in the housing market could soon fade …
Chipotle profits beat expectations despite higher costs, Omicron
By Praveen Paramasivam and Hilary Russ – Chipotle Mexican Grill Inc beat Wall Street estimates for quarterly profits and comparable sales on Tuesday as higher …
Porsche expects another record year for sales despite chip shortage – Automobilwoche
BERLIN – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying …
Biden Loosens Trump Tariffs On Solar Panels Despite Labor Unions’ Pleas
President Joe Biden loosened tariffs placed on solar panel imports by the Trump administration Friday, paving the way for Chinese companies to produce more panels …
Jobs Report Beats Expectations Despite Surging Omicron Cases
The U.S. economy recorded an increase of 467,000 jobs in January while unemployment increased to 4.0%, the U.S. Bureau of Labor Statistics (BLS) announced Friday. …
Investors keep the faith in stocks despite tech selloff – BofA
LONDON – Investors pumped money into equities and yanked funds out of bonds and cash as inflows into equity markets showed no signs of abating, …
Despite rising costs, Americans will still eat 1.2 billion chicken wings during Superbowl weekend
Football fans might be surprised at the matchup, but one thing is not surprising: America’s love for chicken wings. This is never more apparent than …
UK businesses scale back pay plans despite higher inflation – Lloyds
LONDON – British businesses are scaling back plans for pay rises and hiring, but almost half intend to increase the prices they charge customers as …