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Finland’s Nokian Tyres lifts sales outlook despite Russia uncertainty

June 17, 2022
Finland's nokian tyres lifts sales outlook despite russia uncertainty - photo licensed by shore news network.

COPENHAGEN – Finland’s Nokian Tyres on Friday nudged up its sales guidance despite an uncertain operating environment related to Russia, home to its largest production …

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House Dems Approve Massive Defense Budget Despite Calls To Cut Spending

June 16, 2022
House dems approve massive defense budget despite calls to cut spending - photo licensed by shore news network.

House Dems Approve Massive Defense Budget Despite Calls To Cut Spending Micaela Burrow on June 16, 2022 The House Appropriations Subcommittee on Defense approved House …

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HSBC leaves best lending rate unchanged at 5% despite central bank hike

June 15, 2022
Hsbc leaves best lending rate unchanged at 5% despite central bank hike - photo licensed by shore news network.

HONG KONG – HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong at 5% despite the city’s central …

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Fetterman Posts Near Double-Digit Lead Over Oz Despite Medical Issues: POLL

June 15, 2022
Fetterman posts near double-digit lead over oz despite medical issues: poll - photo licensed by shore news network.

Fetterman Posts Near Double-Digit Lead Over Oz Despite Medical Issues: POLL Sebastian Hughes on June 15, 2022 Democratic Pennsylvania Lt. Gov. John Fetterman held a …

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Manulife Asia on track for 2025 earning goal despite economic weakness

June 15, 2022

By Selena Li HONG KONG – Manulife Financial’s Asia unit is on track to account for half of the Canadian insurer’s core earnings by 2025 …

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Despite Four Months Of Sanctions, Russian Energy Exports Are Still Booming

June 14, 2022
Despite four months of sanctions, russian energy exports are still booming - photo licensed by shore news network.

Despite Four Months Of Sanctions, Russian Energy Exports Are Still Booming Thomas Catenacci on June 14, 2022 Russian energy producers have raked in nearly $100 …

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Russia’s Wildberries selling Zara clothes online despite Inditex halting operations

June 14, 2022
Russia's wildberries selling zara clothes online despite inditex halting operations - photo licensed by shore news network.

(Reuters) – Russian e-commerce leader Wildberries is still selling clothes from Inditex brands that have suspended operations in the country, including the Spanish group’s main …

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China to miss boom in Asia buyout deals despite likely easing of crackdown

June 14, 2022
China to miss boom in asia buyout deals despite likely easing of crackdown - photo licensed by shore news network.

By Scott Murdoch and Kane Wu HONG KONG – Buyout funds are set to extend a record spending spree in Asia to the rest of …

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‘Squad’ Democrats Spent Thousands On Airfare Despite Demanding ‘Green New Deal,’ House Records Show

June 10, 2022June 10, 2022
‘squad’ democrats spent thousands on airfare despite demanding ‘green new deal,’ house records show - photo licensed by shore news network.

‘Squad’ Democrats Spent Thousands On Airfare Despite Demanding ‘Green New Deal,’ House Records Show Gabe Kaminsky on June 10, 2022 “Squad” members in the House …

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Rouble firms past 60 vs dollar despite eased capital controls

June 8, 2022
Rouble firms past 60 vs dollar despite eased capital controls - photo licensed by shore news network.

(Reuters) – The Russian rouble climbed on Wednesday, firming past 60 per dollar, despite Russia’s decision to ease some capital controls and expectations of an …

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Foreign investors returned to China capital markets in May despite lockdowns

June 8, 2022
Foreign investors returned to china capital markets in may despite lockdowns - photo licensed by shore news network.

(Reuters) – Some foreign investors returned to China’s battered stock and bond markets in May as Beijing stepped up efforts to stimulate the economy following …

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Euro zone GDP growth speeds up in Q1 despite Ukraine war, revised data show

June 8, 2022
Euro zone gdp growth speeds up in q1 despite ukraine war, revised data show - photo licensed by shore news network.

BRUSSELS – The euro zone economy grew much faster in the first quarter of the year than in the previous three months despite the impact …

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Portuguese airline TAP says turnaround on track despite fuel costs, FX

June 7, 2022
Portuguese airline tap says turnaround on track despite fuel costs, fx - photo licensed by shore news network.

LISBON – The restructuring at Portuguese airline TAP, designed to bring it back to profit in the next few years, is on track despite soaring …

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Despite war, inflation, France sees positive economic growth in 2022 -minister

June 5, 2022
Despite war, inflation, france sees positive economic growth in 2022 -minister - photo licensed by shore news network.

PARIS – France’s finance minister said on Sunday he expected positive growth for 2022, but would revise economic forecasts at the start of July. “It’s …

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UAE non-oil private sector grows strongly despite inflationary pressure – PMI

June 2, 2022
Uae non-oil private sector grows strongly despite inflationary pressure - pmi - photo licensed by shore news network.

DUBAI – Growth in the United Arab Emirates’ non-oil private sector strengthened in May to a five-month high as demand remained strong despite inflationary pressures, …

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White House Cheers Middle East Oil Production Despite Attacks On US Drilling

June 2, 2022

White House Cheers Middle East Oil Production Despite Attacks On US Drilling Thomas Catenacci on June 2, 2022 The White House applauded Middle Eastern nations’ …

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India’s May factory activity remained strong despite inflation worries

June 1, 2022
India's may factory activity remained strong despite inflation worries - photo licensed by shore news network.

BENGALURU – India’s factory activity expanded at a better-than-expected pace last month as overall demand remained resilient despite persistently high inflation, encouraging firms to hire …

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Russian economic forecasts improve despite lingering conflict in Ukraine – Reuters poll

May 31, 2022
Russian economic forecasts improve despite lingering conflict in ukraine - reuters poll - photo licensed by shore news network.

(Reuters) – Russia’s economy will contract less than expected this year and inflation will be lower than previously thought, a Reuters poll showed on Tuesday, …

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Russia’s Sberbank says working as usual despite new EU sanctions

May 31, 2022
Russia's sberbank says working as usual despite new eu sanctions - photo licensed by shore news network.

(Reuters) – Russia’s largest lender Sberbank said on Tuesday new European sanctions would not impact its operations after European Union leaders agreed to cut bank …

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Bitcoin lures inflation-weary Argentines despite crypto crash

May 30, 2022
Bitcoin lures inflation-weary argentines despite crypto crash - photo licensed by shore news network.

By Hernan Nessi and Agustin Geist BUENOS AIRES – In the Crypstation cafe in downtown Buenos Aires, trendy young Argentines order their lattes and pastries …

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Dr. Oz Declares ‘Presumptive’ Victory In GOP Primary Despite Recount

May 28, 2022
Dr. Oz declares ‘presumptive’ victory in gop primary despite recount - photo licensed by shore news network.

Dr. Oz Declares ‘Presumptive’ Victory In GOP Primary Despite Recount Sebastian Hughes on May 27, 2022 Dr. Mehmet Oz declared “presumptive” victory in Pennsylvania’s GOP …

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Retail inflows at nearly all-time high despite market turbulence

May 25, 2022
Retail inflows at nearly all-time high despite market turbulence - photo licensed by shore news network.

(Reuters) – Individual investors are buying stocks at a pace akin to the 2021 meme-stock frenzy even as the returns on retail investments sit at …

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TotalEnergies investors back company’s climate plan despite protests

May 25, 2022
Totalenergies investors back company's climate plan despite protests - photo licensed by shore news network.

By Benjamin Mallet PARIS -TotalEnergies’ shareholders on Wednesday voted in favour of the French oil and gas company’s climate strategy at an annual meeting as …

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U.S. Republicans join Democrats in backing NATO expansion despite rising nationalism

May 23, 2022
U. S. Republicans join democrats in backing nato expansion despite rising nationalism - photo licensed by shore news network.

By Patricia Zengerle WASHINGTON – Democratic and Republican U.S. Senate leaders introduced a resolution on Monday backing Sweden and Finland’s bids to join NATO, underscoring …

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Thai growth outlook good despite planning agency’s downgrade – Finance Minister

May 17, 2022
Thai growth outlook good despite planning agency's downgrade - finance minister - photo licensed by shore news network.

By Kitiphong Thaichareon BANGKOK – Thailand’s finance minister said on Tuesday this year’s economic outlook was still good despite the state planning agency’s downgrade of …

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BOJ deputy vows to maintain monetary stimulus despite price pressures

May 16, 2022
Boj deputy vows to maintain monetary stimulus despite price pressures - photo licensed by shore news network.

By Tetsushi Kajimoto TOKYO – The Bank of Japan must maintain current monetary stimulus to create sustainable increases in prices, corporate profits, jobs and wages, …

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Republicans Say They Have Proof FBI Targeted Concerned Parents, Despite Garland Denials

May 12, 2022
Republicans say they have proof fbi targeted concerned parents, despite garland denials - photo licensed by shore news network.

Republicans Say They Have Proof FBI Targeted Concerned Parents, Despite Garland Denials Kendall Tietz on May 12, 2022 Whistleblowers allegedly provided evidence to House Republicans …

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Despite Liberal Spin, Most Americans Want Voters To Decide Abortion Laws: POLL

May 12, 2022
Despite liberal spin, most americans want voters to decide abortion laws: poll - photo licensed by shore news network.

Despite Liberal Spin, Most Americans Want Voters To Decide Abortion Laws: POLL Laurel Duggan on May 12, 2022 A majority of Americans support abortion policies …

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Denmark hikes economic growth forecast despite war, inflation

May 12, 2022
Denmark hikes economic growth forecast despite war, inflation - photo licensed by shore news network.

COPENHAGEN – Denmark’s economy could grow as much as 3.4% this year despite the negative effects of the war in Ukraine and record high inflation, …

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Bayer says Ukraine farmers progress with planting despite war

May 10, 2022
Bayer says ukraine farmers progress with planting despite war - photo licensed by shore news network.

FRANKFURT – Farmers in Ukraine have made better-than-expected progress preparing their fields so far despite Russia’s attack on the country, the world’s largest supplier of …

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Many Germans still work from home despite end of COVID requirement – Ifo

May 9, 2022

BERLIN – The proportion of German people working from home fell only slightly in April, according to a survey published on Monday, despite the country …

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Fed says banks in good shape despite volatility, warns on prime broker risk

May 6, 2022
Fed says banks in good shape despite volatility, warns on prime broker risk - photo licensed by shore news network.

By Pete Schroeder WASHINGTON – The U.S. Federal Reserve said Friday the U.S. banking system remains strong despite heightened volatility and geopolitical risk, but cautioned …

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Moncler says 2022 sales forecast doable despite China snag

May 5, 2022
Moncler says 2022 sales forecast doable despite china snag - photo licensed by shore news network.

MILAN – Italian luxury group Moncler is confident it can meet analyst expectations that sales will reach 2.4 billion euros ($2.53 billion) this year despite …

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Bank of England raises rates to 1% despite looming recession risk

May 5, 2022
Bank of england raises rates to 1% despite looming recession risk - photo licensed by shore news network.

By William Schomberg and David Milliken LONDON, May 5 – The Bank of England raised interest rates to their highest since 2009 at 1% on …

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Bentley Q1 profit soars despite cars lost at sea and stuck in China

May 5, 2022
Bentley q1 profit soars despite cars lost at sea and stuck in china - photo licensed by shore news network.

By Nick Carey LONDON – Luxury British carmaker Bentley on Thursday said its first-quarter operating profit jumped 162% versus the same period last year, as …

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Soccer-Ratcliffe not giving up on Chelsea bid despite apparent rejection

May 4, 2022
Soccer-ratcliffe not giving up on chelsea bid despite apparent rejection - photo licensed by shore news network.

LONDON – British billionaire Jim Ratcliffe said he was not giving up a bid to buy Chelsea despite apparent rejection from the U.S. bank handling …

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Bosch aims to stay profitable in 2022 despite uncertainties

May 4, 2022
Bosch aims to stay profitable in 2022 despite uncertainties - photo licensed by shore news network.

BERLIN -German automotive supplier Bosch is aiming to be profitable this year but said that a definitive forecast is not possible due to economic and …

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U.S. Treasury sees economy still expanding in 2022 despite Q1 GDP drop

May 2, 2022

WASHINGTON – The U.S. economy is expected to continue its expansion this year despite a surprise contraction in the first quarter, the U.S. Treasury’s chief …

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Far-Left Dems Use Ukraine Crisis To Push For Green Energy Despite Glaring Problems

May 2, 2022
Far-left dems use ukraine crisis to push for green energy despite glaring problems - photo licensed by shore news network.

Far-Left Dems Use Ukraine Crisis To Push For Green Energy Despite Glaring Problems Thomas Catenacci on May 2, 2022 A group of six far-left Senate …

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U.S. sees no threat of Russia using nuclear weapons despite rhetoric- official

April 29, 2022
U. S. Sees no threat of russia using nuclear weapons despite rhetoric- official - photo licensed by shore news network.

WASHINGTON – The United States does not believe that there is a threat of Russia using nuclear weapons despite a recent escalation in Moscow’s rhetoric, …

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Kuehne + Nagel results ride demand wave despite stagnant volumes

April 29, 2022
Kuehne + nagel results ride demand wave despite stagnant volumes - photo licensed by shore news network.

By Alexander Kloss and Ana CanteroRos (Reuters) -Swiss logistics group Kuehne + Nagel reported on Tuesday a 162% surge in its first-quarter net earnings, citing …

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N. American oil companies scramble to find workers despite boom

April 29, 2022
N. American oil companies scramble to find workers despite boom - photo licensed by shore news network.

By Liz Hampton, Stephanie Kelly and Nia Williams (Reuters) – When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he …

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Toyota reports record high global production for March, despite slump at home

April 26, 2022
Toyota reports record high global production for march, despite slump at home - photo licensed by shore news network.

TOKYO – Toyota Motor Corp on Wednesday posted record high global production in March, as overseas production made up for a drop off at home, …

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Black Knight: Mortgage Delinquencies Hit Record Low in March, Driven by Both Seasonal and Broader Economic Improvements; Prepays Up Despite Rate Increases

April 25, 2022
Black knight: mortgage delinquencies hit record low in march, driven by both seasonal and broader economic improvements; prepays up despite rate increases - photo licensed by shore news network.

The national delinquency rate dropped by more than half a percentage point in March, falling to 2.84% and shattering the previous record low of 3.22% …

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Surprise rise in German business morale in April despite Ukraine war

April 25, 2022
Surprise rise in german business morale in april despite ukraine war - photo licensed by shore news network.

BERLIN – German business morale unexpectedly rose slightly in April as companies were less pessimistic after the economy appeared resilient following the initial shock of …

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Japan April report raises view on consumption, economy, despite inflationary pressures

April 21, 2022
Japan april report raises view on consumption, economy, despite inflationary pressures - photo licensed by shore news network.

TOKYO – Japan’s government upgraded its view of the economy for the first time in four months in April as authorities turned more optimistic about …

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China on track for 2022 GDP target despite COVID shock – govt economists

April 20, 2022
China on track for 2022 gdp target despite covid shock - govt economists - photo licensed by shore news network.

BOAO, China – China remains on track to reach its 2022 growth target of around 5.5% as it has ample stimulus space, government economists said …

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Prada CEO says first 4 months strong despite Russia, China – paper

April 19, 2022
Prada ceo says first 4 months strong despite russia, china - paper - photo licensed by shore news network.

MILAN – Italian luxury group Prada posted strong results in the first four months of the year as its U.S. business offset the impact of …

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Ships carrying Russian fertilizers find way to Brazil despite sanctions

April 18, 2022April 18, 2022
Ships carrying russian fertilizers find way to brazil despite sanctions - photo licensed by shore news network.

By Ana Mano SAO PAULO – Despite concern that sanctions against Russia would cause a shortfall of fertilizer in Brazil, preliminary shipping data shows orders …

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Australia says it would keep security ties with Solomons despite China pact

April 16, 2022
Australia says it would keep security ties with solomons despite china pact - photo licensed by shore news network.

SYDNEY – Australia would continue to cooperate with Solomons Islands on matters of security even if the Pacific island nation signs a proposed security agreement …

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