New Jersey GOP Congressman backs bill to release Epstein files despite AG dismissal
WASHINGTON, D.C. — Rep. Jeff Van Drew announced Tuesday he has cosponsored legislation introduced by Rep. Thomas Massie aimed at releasing the full set of files related to Jeffrey Epstein, joining a…
EU Commission approves Italy’s 2023 draft budget despite reservations
BRUSSELS (Reuters) -Italy’s draft 2023 budget draft, drawn up by its new government, is overall in line with policies agreed by EU governments, the European Commission said on Wednesday, noting that it…
TUI hopes for strong summer for travel despite inflation
BERLIN (Reuters) – TUI, the world’s largest holiday company, is seeing growing demand for travel despite the energy crisis and double-digit inflation, the company said on Monday, as it sets its sights…
Canadian oil companies, lighter in debt, have cash to spare despite falling prices
By Rod Nickel WINNIPEG, Manitoba (Reuters) – After a bumper year of share buybacks and dividends, investors in debt-light Canadian oil and gas producers are set to reward shareholders even more in…
Analysis-Peru’s presidential curse will prove hard to lift despite Castillo ouster
By Marco Aquino and Anthony Esposito LIMA (Reuters) – Peru’s first female president Dina Boluarte, who unexpectedly came to power on Wednesday after her former boss was ousted and arrested, will need…
Yellen sees key role for Treasury’s racial equity council despite Republican criticism
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said a new racial equity advisory committee, which has drawn the ire of Republican lawmakers, would play a big…
‘Complacency’: Red State Utah Embraces Gender Identity And CRT In Schools Despite Parental Pushback
‘Complacency’: Red State Utah Embraces Gender Identity And CRT In Schools Despite Parental Pushback Reagan Reese on December 3, 2022 Utah is going against the trend of Republican states and embracing gender…
Brazil stocks set to rally 13% by end-2023 despite policy uncertainty: Reuters poll
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazil stocks will rally by double-digits through end-2023, despite uncertainty about new government policies as President-elect Luiz Inacio Lula da Silva…
Nomura CEO says U.S. becomes profit driver despite one-off losses
TOKYO (Reuters) – Nomura Holdings Inc’s U.S. wholesale business has emerged as a profit driver despite some large one-off losses in the region that had dragged down the bank’s earnings in the…
Euro zone credit growth remains brisk despite gloomy outlook
FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in over a decade, despite rising interest rates and a looming recession, European Central Bank…
Indian banks’ loan growth to accelerate despite higher interest rates -Fitch
BENGALURU (Reuters) – Loan growth at Indian banks will accelerate to 13% in this fiscal year despite the RBI raising interest rates, as economic activity picks up after a pandemic led lull,…
Black Friday online sales to hit record despite high inflation -Adobe Analytics
(Reuters) -U.S. online spending is expected to set a record for Black Friday, according to Adobe Analytics, as steep discounts lured consumers against the backdrop of high inflation, kicking off the year’s…
German inflation to stay in double digits despite gas price brake, Bundesbank says
FRANKFURT (Reuters) – Inflation in Germany may well remain in double digits into next year despite the government’s efforts to curb energy prices, the Bundesbank said on Wednesday. With consumer prices in…
Italy to press ahead with plans to sell ITA despite MSC snub
ROME (Reuters) – Italy’s government will press ahead with plans to sell a majority stake in airline ITA Airways, the successor to Alitalia, Economy Minister Giancarlo Giorgetti said on Tuesday, after shipping…
Italy to press ahead with plans to sell ITA despite MSC snub
ROME (Reuters) – Italy’s government will press ahead with plans to sell a majority stake in airline ITA Airways, the successor to Alitalia, Economy Minister Giancarlo Giorgetti said on Tuesday, after shipping…
Biden Admin Begins Approving Student Loan Debt Applications Despite Lawsuits
Biden Admin Begins Approving Student Loan Debt Applications Despite Lawsuits Reagan Reese on November 21, 2022 The Biden administration is beginning to approve applications for student loan relief amid a legal battle…
‘Staggering Disconnect:’ UN Climate Summit Boasts Opulent Beef, Seafood Menu Despite Spearheading Anti-Meat Initiatives
‘Staggering Disconnect:’ UN Climate Summit Boasts Opulent Beef, Seafood Menu Despite Spearheading Anti-Meat Initiatives Jack McEvoy on November 16, 2022 World leaders and officials attending the United Nations COP27 climate conference can…
Pentagon audit eases Ukraine arms shipments, despite failing grade
By Mike Stone WASHINGTON (Reuters) -An audit of the Pentagon’s finance systems and weapons stocks has made it easier for President Joe Biden’s administration to locate and ship weapons to Ukraine, even…
Cuba seeks to drum up foreign investment despite crisis
By Marc Frank and Nelson Acosta HAVANA (Reuters) – Cuba on Tuesday said it had signed 30 foreign investment deals valued at around $400 million this year, more than in 2021 but…
Jordan’s economy posts faster growth despite global turmoil -IMF
By Suleiman Al-Khalidi AMMAN (Reuters) – Jordan’s growth has quickened in 2022 despite global economic turbulence, driven by strong progress in IMF-backed structural reforms that have cushioned the economy and strengthened macro-economic…
BoE should stand firm on inflation despite economic slowdown-Haskel
LONDON (Reuters) -Bank of England interest rate-setter Jonathan Haskel said signs of a slowdown in Britain’s economy did not imply a need for less tightening of monetary policy and the central bank…
BNP Paribas profit tops forecast despite higher costs, debt markdown
PARIS (Reuters) – BNP Paribas, the euro zone’s biggest lender, posted a higher than expected net profit in the third quarter, with trading revenues helping offset rising costs and markdowns on some…
Glencore set for record 2022 trading profit despite second-half fall
LONDON (Reuters) – Glencore expects second-half operating profit at its trading arm to fall sharply from the previous six months to $1.6 billion, it said on Friday, but it remains on track…
RBA to stick with modest rate hikes despite hot inflation: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of Australia will raise interest rates by a more modest 25 basis points for a second straight month on Tuesday and is set…
Lori Lightfoot Wants To Give Herself A Pay Raise Despite City’s Rampant Crime
Democrat Mayor Wants To Give Herself A Pay Raise Despite City’s Rampant Crime Laurel Duggan on October 26, 2022 Democratic Chicago Mayor Lori Lightfoot is lobbying for a raise to her $216,000…
Euro zone credit growth rises again, despite gloomy outlook
FRANKFURT (Reuters) – Bank lending to euro zone companies accelerated further in September, extending the sector’s biggest borrowing binge in over a decade, despite rising interest rates and a looming recession, European…
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