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Allianz retains full-year outlook despite 30% slump in Q3 profit

November 10, 2023
Allianz retains full-year outlook despite 30% slump in q3 profit - photo licensed by shore news network.

FRANKFURT (Reuters) – Germany’s Allianz on Friday posted a 30% fall in its third-quarter net profit, dragged down by claims from natural catastrophes, although the …

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Despite GOP Anti-Education Messaging, Two Teachers Elected as Mayors in Red Ocean County

November 8, 2023
Despite gop anti-education messaging, two teachers elected as mayors in red ocean county - photo licensed by shore news network.

TOMS RIVER, NJ – If you look at the political blogs and news of conservative media, parental rights issues are all the rage, and demeaning …

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World Bank poised to host climate loss and damage fund, despite concerns

November 4, 2023November 4, 2023
World bank poised to host climate loss and damage fund, despite concerns - photo licensed by shore news network.

By Gloria Dickie and Valerie Volcovici Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged …

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Christie Still Polling at 3% Despite Anti-Trump Campaign Platform

November 4, 2023
Christie, center walks down high street in burlington city. Photo by scott anderson.

MORRISTOWN, NJ – The ‘I hate Donald Trump’schtick isn’t helping former New Jersey Governor Chris Christie, according to a new national poll for the Republican …

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Lithium producers stay bullish on EVs despite growing headwinds

November 2, 2023November 2, 2023
Lithium producers stay bullish on evs despite growing headwinds - photo licensed by shore news network.

By Ernest Scheyder and Melanie Burton (Reuters) – The world’s largest lithium producers say they remain bullish on long-term demand for the battery material in …

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Smiles, Costumes and Halloween Treats for All Despite Rain at Lyons Mill Elementary

October 30, 2023
Smiles, costumes and halloween treats for all despite rain at lyons mill elementary - photo licensed by shore news network.

FRANKLIN, MD — Lyons Mill Elementary School successfully hosted their annual Trunk-or-Treat event on Friday evening, relocating it indoors due to inclement weather. School Resource …

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Marketmind: Ominous signal – Wall St slides despite yield slump

October 26, 2023
Marketmind: ominous signal - wall st slides despite yield slump - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets look to round …

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Moncler sales seen rising despite luxury concerns, warmer weather

October 25, 2023
Moncler sales seen rising despite luxury concerns, warmer weather - photo licensed by shore news network.

By Elisa Anzolin MILAN (Reuters) – Italian luxury group Moncler is expected to post a healthy rise in quarterly sales thanks to a strong brand …

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EU, US could agree on critical minerals despite steel failure, says France

October 20, 2023
Eu, us could agree on critical minerals despite steel failure, says france - photo licensed by shore news network.

VALENCIA, Spain (Reuters) – The European Union and the United States could reach a deal on critical minerals over the coming weeks or months despite …

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China property market shows little signs of revival despite stimulus

October 20, 2023October 20, 2023
China property market shows little signs of revival despite stimulus - photo licensed by shore news network.

By Clare Jim and Liangping Gao HONG KONG/BEIJING (Reuters) – China’s troubled property market is showing little signs of a recovery in the short term …

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Analysis-Bond buyers dip toes in long-term Treasuries despite higher-for-longer rate fears

October 19, 2023
Analysis-bond buyers dip toes in long-term treasuries despite higher-for-longer rate fears - photo licensed by shore news network.

By Davide Barbuscia NEW YORK (Reuters) – Some investors are increasing exposure to longer term U.S. Treasuries in the midst of a historic sell-off, as …

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Malteurop sees demand rebound for beer ingredient despite inflation

October 18, 2023
Malteurop sees demand rebound for beer ingredient despite inflation - photo licensed by shore news network.

(Reuters) – Inflation is curbing short-term demand for malt, but demand looks to rebound soon for the beer ingredient made from barley after brewers depleted …

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U.S. Treasury bond ETFs draw net inflows this year despite recent market rout

October 17, 2023October 17, 2023
U. S. Treasury bond etfs draw net inflows this year despite recent market rout - photo licensed by shore news network.

By Suzanne McGee (Reuters) – Investors have poured money into exchange traded funds (ETFs) focused on the US bond market this year, despite a historic …

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Long US Treasury yields may rise further despite near-term swings, BlackRock says

October 16, 2023
Long us treasury yields may rise further despite near-term swings, blackrock says - photo licensed by shore news network.

By Davide Barbuscia NEW YORK (Reuters) – Long-term U.S. Treasury yields may still have room to rise but they could swing in both directions in …

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S&P 500 rally in Q4 “more likely than not” despite headwinds – Morgan Stanley

October 16, 2023
S&p 500 rally in q4 "more likely than not" despite headwinds - morgan stanley - photo licensed by shore news network.

(Reuters) – A rally in the S&P 500 in the fourth quarter of 2023 “is more likely than not”, Morgan Stanley’s Michael Wilson said in …

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Despite rout, bond strategists stay tethered to falling yield forecasts

October 11, 2023October 11, 2023
Despite rout, bond strategists stay tethered to falling yield forecasts - photo licensed by shore news network.

By Sarupya Ganguly BENGALURU (Reuters) – Bond market strategists are holding on to their forecasts for U.S. Treasury yields to decline by year-end, as well …

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Portugal eyes small budget surplus in 2024 despite slowing growth

October 10, 2023
Portugal eyes small budget surplus in 2024 despite slowing growth - photo licensed by shore news network.

By Sergio Goncalves LISBON (Reuters) – Portugal unveiled its draft 2024 budget on Tuesday, projecting a surplus of 0.2% of GDP despite a further economic …

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ECB’s Villeroy : inflation to still land at around 2 pct by 2025 despite violence in Israel

October 10, 2023October 10, 2023
Ecb's villeroy : inflation to still land at around 2 pct by 2025 despite violence in israel - photo licensed by shore news network.

PARIS (Reuters) – Inflation should still land at the European Central Bank’s target of around 2% by 2025 despite the violence in Israel weighing on …

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ICE Detention Centers Have Thousands Of Empty Beds Despite Record Illegal Immigration

October 10, 2023

ICE Detention Centers Have Thousands Of Empty Beds Despite Record Illegal Immigration Jennie Taer on October 9, 2023 Several Immigration and Customs Enforcement (ICE) detention …

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Kremlin: Russia must hold 2024 presidential vote on schedule despite Putin ally comment

October 9, 2023October 9, 2023
Kremlin: russia must hold 2024 presidential vote on schedule despite putin ally comment - photo licensed by shore news network.

MOSCOW (Reuters) – The Kremlin believes Russia’s presidential and parliamentary elections should be held on schedule irrespective of the “special military operation” in Ukraine, presidential …

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Fetterman Struggles In Senate Despite Previous Assurances He ‘Can Work Full Duty’

September 26, 2023

Fetterman Struggles In Senate Despite Previous Assurances He ‘Can Work Full Duty’ Jake Smith on September 25, 2023 Pennsylvania Democratic Sen. John Fetterman said on …

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Larger Italian banks still seen paying one-off tax despite opt-out offer

September 25, 2023September 25, 2023
Larger italian banks still seen paying one-off tax despite opt-out offer - photo licensed by shore news network.

By Valentina Za MILAN (Reuters) – Italy’s larger banks are still expected to pay a one-off banking tax despite the government at the weekend offering …

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South Africa to host US-Africa trade summit despite Russia spat

September 20, 2023September 20, 2023
South africa to host us-africa trade summit despite russia spat - photo licensed by shore news network.

JOHANNESBURG (Reuters) – South Africa will host a U.S.-Africa trade summit in November despite an earlier call by U.S. lawmakers for the event to be …

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Asking prices for UK homes pick up slightly despite summer slowdown: Rightmove

September 17, 2023September 17, 2023
Asking prices for uk homes pick up slightly despite summer slowdown: rightmove - photo licensed by shore news network.

LONDON (Reuters) – Asking prices for homes in Britain rose marginally this month following a sharp drop in August, but buyer affordability is expected to …

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China’s Jan-Aug fiscal revenue growth slows despite policy support

September 15, 2023September 15, 2023
China's jan-aug fiscal revenue growth slows despite policy support - photo licensed by shore news network.

BEIJING (Reuters) – China’s fiscal revenue rose 10% in the Jan-Aug period of 2023, slower than 11.5% growth in Jan-July, official data showed, even as …

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US allows much of Egypt military aid despite human rights concerns

September 14, 2023September 14, 2023
Us allows much of egypt military aid despite human rights concerns - photo licensed by shore news network.

By Humeyra Pamuk WASHINGTON (Reuters) – The Biden administration has allowed much of U.S. foreign military aid to Egypt to go ahead, saying the country …

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China to avoid ‘Lehman moment’ despite property woes, Goldman says

September 14, 2023September 14, 2023
China to avoid 'lehman moment' despite property woes, goldman says - photo licensed by shore news network.

By Saeed Azhar NEW YORK (Reuters) – The Chinese government’s support of banks hit by property woes will enable it to avert a financial crisis …

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Some big US bond investors say Fed hikes have peaked despite sticky inflation

September 13, 2023
Some big us bond investors say fed hikes have peaked despite sticky inflation - photo licensed by shore news network.

By Davide Barbuscia NEW YORK (Reuters) – Some large U.S. bond investors said on Wednesday they believe the Federal Reserve has reached a peak in …

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SpaceX’s Starlink falls short of growth expectations despite revenue surge – WSJ

September 13, 2023
Spacex's starlink falls short of growth expectations despite revenue surge - wsj - photo licensed by shore news network.

(Reuters) – SpaceX’s satellite internet venture Starlink posted a more than six-fold surge in revenue last year to $1.4 billion, but fell short of targets …

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Despite Increase In Arrests, San Fransisco Still Plagued By Rampant Drug Crisis

September 13, 2023

Despite Increase In Arrests, San Fransisco Still Plagued By Rampant Drug Crisis Jake Smith on September 12, 2023 San Francisco continues to grapple with a …

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UK consumer spending growth slows in August despite ‘Barbenheimer’ boost

September 4, 2023
Uk consumer spending growth slows in august despite 'barbenheimer' boost - photo licensed by shore news network.

By David Milliken LONDON (Reuters) – British consumer spending growth lost pace last month, adding to signs of a weakening economy, despite a doubling in …

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Fed’s Mester says job market remains strong despite some signs of cooling

September 1, 2023September 1, 2023
Fed's mester says job market remains strong despite some signs of cooling - photo licensed by shore news network.

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday that the U.S. labor market remains …

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Exclusive-Ukraine winter wheat sowing seen unchanged despite export crisis

August 29, 2023
Exclusive-ukraine winter wheat sowing seen unchanged despite export crisis - photo licensed by shore news network.

By Pavel Polityuk KYIV (Reuters) – Ukrainian farmers are not expected to reduce the area of winter wheat they sow for the 2024 harvest despite …

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Despite Pouring Billions Into The Crisis, California Continues To Battle Surging Homelessness. Here’s Why

August 27, 2023

Despite Pouring Billions Into The Crisis, California Continues To Battle Surging Homelessness. Here’s Why Will Kessler on August 27, 2023 California’s homeless population has ballooned …

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BofA sees “trouble” ahead for tech stocks despite big inflows

August 25, 2023
Bofa sees "trouble" ahead for tech stocks despite big inflows - photo licensed by shore news network.

By Lewis Krauskopf and Yoruk Bahceli (Reuters) – Strategists at BofA Global Research see second-half “trouble” for technology stocks even as the sector took in …

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Germany On Track To Miss Climate Goals Despite $500B+ Green Spending Spree

August 23, 2023

Germany On Track To Miss Climate Goals Despite $500B+ Green Spending Spree Nick Pope on August 23, 2023 Germany is on track to fall short …

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Miners hope to keep ‘gold shining’ in Mali despite ownership law

August 23, 2023
Miners hope to keep 'gold shining' in mali despite ownership law - photo licensed by shore news network.

By Felix Njini and Tiemoko Diallo NAIROBI (Reuters) – Some of Mali’s top gold producers said a new law to allow the military-led government to …

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Despite Massive ‘Bidenomics’ Push, Voters Still Don’t Trust Biden To Handle Economy

August 17, 2023

Despite Massive ‘Bidenomics’ Push, Voters Still Don’t Trust Biden To Handle Economy Arjun Singh on August 17, 2023 A new poll reveals that President Joe …

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US CLOs’ credit profiles resilient despite mid-sized company risk -Moody’s

August 16, 2023August 16, 2023
Us clos' credit profiles resilient despite mid-sized company risk -moody's - photo licensed by shore news network.

By Matt Tracy WASHINGTON (Reuters) – The credit quality of U.S. middle market collateralized loan obligations (CLOs), major sources of debt funding for mid-sized companies, …

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Global wealth projected to rise 38% by 2027, despite recent decline – study

August 15, 2023August 15, 2023
Global wealth projected to rise 38% by 2027, despite recent decline - study - photo licensed by shore news network.

ZURICH (Reuters) – Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is projected to rise 38% by …

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Hedge funds land bonuses despite returns below bank savings rates -Goldman

August 15, 2023
Hedge funds land bonuses despite returns below bank savings rates -goldman - photo licensed by shore news network.

By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not earn as much as a …

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Blue State Mulls Massive Offshore Wind Project Despite Industry Uncertainty, East Coast Whale Deaths

August 14, 2023

Blue State Mulls Massive Offshore Wind Project Despite Industry Uncertainty, East Coast Whale Deaths Nick Pope on August 14, 2023 California is considering approving a …

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Red State University Reverses Course On Shuttering ‘Diversity, Equity And Inclusion’ Offices, Despite State Law

August 14, 2023

Red State University Reverses Course On Shuttering ‘Diversity, Equity And Inclusion’ Offices, Despite State Law Brandon Poulter on August 14, 2023 The University of Houston …

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Florida Tells Schools They Can Teach AP Psychology Course Despite Claims It Was ‘Banned’

August 10, 2023

Florida Tells Schools They Can Teach AP Psychology Course Despite Claims It Was ‘Banned’ Reagan Reese on August 10, 2023 The Florida Department of Education …

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Dem Rep Tells Reporter She ‘Championed’ Infrastructure Bill Despite Voting Against It

August 9, 2023

Dem Rep Tells Reporter She ‘Championed’ Infrastructure Bill Despite Voting Against It Harold Hutchison on August 9, 2023 Democratic Rep. Cori Bush of Missouri claimed …

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Analysis-New 2024 strategy remains elusive for DeSantis despite campaign chief swap

August 9, 2023
Analysis-new 2024 strategy remains elusive for desantis despite campaign chief swap - photo licensed by shore news network.

By Gram Slattery WASHINGTON (Reuters) – A staff shake-up by 2024 Republican presidential candidate Ron DeSantis is unlikely to presage a major strategy shift, according …

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Planned Parenthood Demands Social Media Censorship Despite Past ‘Outrage’ Over The Issue

August 9, 2023

Planned Parenthood Demands Social Media Censorship Despite Past ‘Outrage’ Over The Issue Jason Cohen on August 9, 2023 Although it has decried censorship in the …

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Pentagon confident on sharing intelligence with Japan despite China hacking report

August 8, 2023
Pentagon confident on sharing intelligence with japan despite china hacking report - photo licensed by shore news network.

WASHINGTON/TOKYO (Reuters) -The Pentagon said on Tuesday it was confident about sharing intelligence with Japan, despite a U.S. news report saying Chinese military hackers gained …

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North Korea Gov’t Group Hacked Russian Missile Maker, Despite Kim’s Promise Of ‘Full Support’ To Putin: REPORT

August 7, 2023

North Korea Gov’t Group Hacked Russian Missile Maker, Despite Kim’s Promise Of ‘Full Support’ To Putin: REPORT Jake Smith on August 7, 2023 North Korean …

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Aramco supplies remain adequate despite oil production cuts – CEO

August 7, 2023August 7, 2023
Aramco supplies remain adequate despite oil production cuts - ceo - photo licensed by shore news network.

DUBAI (Reuters) – Saudi Aramco’s CEO Amin Nasser said on Monday that the company’s supplies to customers remain adequate even with recent voluntary oil production …

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