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…
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 boosted by international financial support amounting to…
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 from the Omicron wave of coronavirus cases,…
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 limit the spread of content from Russian…
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 payments, banking guarantees and shipping after the…
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 Russia’s invasion of Ukraine, OPEC+ sources said,…
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 hit the country, weekly data from the…
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 supply is likely to ensure the city…
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 to government data. The country will import…
‘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 trudging closer to the finish line, despite…
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 state that has threatened to embroil the…
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 of Brexit, although Spain’s trade deficit nearly…
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 begins to recover despite emerging concerns around…
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 linked to a Bulgarian wrestler at the…
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 because of a growing cost-of-living squeeze, a…
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 demand and prices for its burritos and…
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 by industry magazine Automobilwoche. “When I look…
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 for American consumers. Biden issued a proclamation…
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. Total non-farm payroll employment increased to 467,00…
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, BofA’s weekly flow show report showed on…
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 on Super Bowl weekend, when wings are…
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 they seek to manage rapidly rising costs,…
“Zero capitulation in equity positioning” despite selloff -BofA
LONDON – Investors are undeterred by the recent selloff on Wall Street and have continued to snap up stocks, BofA commented in its weekly flow show report which showed $17.1 billion were…
Lighting maker Signify’s Q4 profit up despite high raw material costs
AMSTERDAM – Signify NV, the world’s largest lighting maker, reported a 6% increase in fourth-quarter core earnings on Friday, as higher sales offset a rapid increase in the prices of raw materials…
Apple poised for strong earnings despite supply constraints, Omicron
By Danielle Kaye – Apple Inc navigated pandemic-related supply chain issues better than rivals at the end of 2021, likely helping the iPhone maker surpass Wall Street revenue growth targets of 6%,…
Putin meeting with Italy business elite to go ahead despite Ukraine
By Stephen Jewkes MILAN – A meeting between Russian President Vladimir Putin and the heads of some of Italy’s top companies to boost business ties between the two countries is set to…
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