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Rolls-Royce says CEO did not suggest Raytheon aimed to spin off P&W

July 20, 2022
Rolls-royce says ceo did not suggest raytheon aimed to spin off p&w - photo licensed by shore news network.

FARNBOROUGH, England – Rolls-Royce on Wednesday said its chief executive had not speculated that Raytheon Technologies might spin off rival engine maker Pratt & Whitney …

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Evergrande’s EV unit says it receives pre-orders for more than 37,000 Hengchi EVs

July 20, 2022
Evergrande's ev unit says it receives pre-orders for more than 37,000 hengchi evs - photo licensed by shore news network.

SHANGHAI – China Evergrande New Energy Vehicle Group Ltd said on Wednesday it had received non-binding pre-orders for more than 37,000 units of its first …

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Explosives maker Incitec Pivot’s CEO says no signs of U.S. recession

July 19, 2022
Explosives maker incitec pivot's ceo says no signs of u. S. Recession - photo licensed by shore news network.

MELBOURNE – There are no signs of a recession in the United States right now, the head of major explosives producer Incitec Pivot said at …

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‘Weak’ Candidates Threaten GOP’s Hopes To Retake Senate, Expert Says

July 19, 2022
‘weak’ candidates threaten gop’s hopes to retake senate, expert says - photo licensed by shore news network.

An expert argues that the GOP has chosen “weak” candidates for their Senate races, and are now seeing the repercussions of their actions.  Pennsylvania and …

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Daily Harvest says it has found source that sickened customers

July 19, 2022

(Reuters) – Meal-kit delivery company Daily Harvest said on Tuesday it had identified tara flour as the ingredient that sickened hundreds of customers and led …

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Novavax says U.S. FDA clears COVID vaccine doses for release

July 19, 2022
Novavax says u. S. Fda clears covid vaccine doses for release - photo licensed by shore news network.

(Reuters) – Vaccine maker Novavax on Tuesday said that the U.S. Food and Drug Administration had cleared a lot of its COVID vaccine for release …

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IMF says loan talks with Tunisia to continue over coming weeks

July 19, 2022
Imf says loan talks with tunisia to continue over coming weeks - photo licensed by shore news network.

TUNIS – The International Monetary Fund (IMF) said its talks with Tunisian authorities for a staff level agreement on a rescue package would continue “over …

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Report Says Jersey Girls Are Definitely Not Pioneer Women like Ree Drummond

July 19, 2022July 19, 2022
Report says jersey girls are definitely not pioneer women like ree drummond - photo licensed by shore news network.

If paying taxes is your primary concern, New Jersey is not the state for you. That’s what New Jersey Governor Phil Murphy once said about …

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U.S. seizes $500,000 in ransom paid to North Korean hackers, official says

July 19, 2022
U. S. Seizes $500,000 in ransom paid to north korean hackers, official says - photo licensed by shore news network.

NEW YORK – The United States has seized around $500,000 in ransom paid last year by a hospital in Kansas and others to North Korean …

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IMF says Russian gas embargo could hit central Europe hard

July 19, 2022
Imf says russian gas embargo could hit central europe hard - photo licensed by shore news network.

WASHINGTON – A Russian natural gas embargo would cause deep recessions in Hungary, Slovakia, the Czech Republic and Italy unless countries can cooperate more to …

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Starbucks CEO Says America is Unsafe as it Continues to Shut Down Stores in Democrat-run Cities

July 19, 2022
Starbucks ceo says america is unsafe as it continues to shut down stores in democrat-run cities - photo licensed by shore news network.

After Dunkin Donuts, Starbucks is the second most popular coffee chain operating in New Jersey, but this week, the company’s CEO warned of more closures …

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17-Year-Old Arrested in Newark Drive-By Shooting that Left 9 Injured; Mayor Says City is Safe

July 19, 2022
17-year-old arrested in newark drive-by shooting that left 9 injured; mayor says city is safe - photo licensed by shore news network.

NEWARK, NJ – Newark Police arrested a 17-year-old suspect in connection with a drive-by shooting two weeks ago in Newark. He is also facing charges …

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Beijing says report it invited European leaders to meet Xi is ‘fake news’

July 19, 2022
Beijing says report it invited european leaders to meet xi is 'fake news' - photo licensed by shore news network.

BEIJING – A Chinese foreign ministry spokesman on Tuesday described as “fake news” a newspaper report saying that China had sent invitations to European leaders …

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Vietnam central bank says will stick to monetary policy that supports economic growth

July 18, 2022
Vietnam central bank says will stick to monetary policy that supports economic growth - photo licensed by shore news network.

HANOI – Vietnam will stick to a monetary policy that is “supportive for economic growth” while closely monitoring the inflation situation, the State Bank of …

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No word yet on new Russian company to operate Sakhalin-2 project, says Japan

July 18, 2022
No word yet on new russian company to operate sakhalin-2 project, says japan - photo licensed by shore news network.

TOKYO – The Japanese government has not yet received word that a new Russian company set to operate the oil and gas Sakhalin-2 project has …

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Bank of England may lack bandwidth to aid competitiveness, says policymaker

July 18, 2022
Bank of england may lack bandwidth to aid competitiveness, says policymaker - photo licensed by shore news network.

LONDON – The Bank of England may not have enough resources to implement an extra objective of maintaining Britain as a competitive global financial centre, …

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White House says report on Uvalde school shooting is ‘devastating’ and ‘unacceptable’

July 18, 2022
White house says report on uvalde school shooting is 'devastating' and 'unacceptable' - photo licensed by shore news network.

WASHINGTON – White House press secretary Karine Jean-Pierre on Monday said a report on the Uvalde school shooting that left 21 dead is “devastating” and …

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U.S. says no indication American’s detention in UAE linked to Khashoggi

July 18, 2022

WASHINGTON -The U.S. State Department on Monday said it has seen “no indication at this point” that the detention of an American in the United …

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Brazil’s Simpar plans to enter US and European markets, says CEO

July 18, 2022

By Aluisio Alves SAO PAULO – Simpar, a holding firm for Brazilian logistics companies Movida, JSL and Vamos, is preparing to expand into the United …

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Guedes says world is entering stagflation period, Brazil is heading in opposite direction

July 18, 2022
Guedes says world is entering stagflation period, brazil is heading in opposite direction - photo licensed by shore news network.

BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Monday that the global economy is entering a stagflation period, which will be “much more serious” …

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More details in coming weeks on Porsche IPO, CEO says

July 18, 2022
More details in coming weeks on porsche ipo, ceo says - photo licensed by shore news network.

BERLIN – Volkswagen-owned Porsche will be able to go into more detail in coming weeks on what its agreement with Volkswagen for the structure of …

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U.S.’s Yellen says any N. Korean nuclear test would be very provocative

July 18, 2022
U. S. 's yellen says any n. Korean nuclear test would be very provocative - photo licensed by shore news network.

By Andrea Shalal SEOUL – The United States has further sanctions it could adopt against North Korea, U.S. Treasury Secretary Janet Yellen told Reuters on …

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Ukraine conflict could speed up Germany’s green energy transition – study says

July 17, 2022
Ukraine conflict could speed up germany's green energy transition - study says - photo licensed by shore news network.

BERLIN – The consequences of the Ukraine conflict could accelerate Germany’s green energy transition despite Berlin’s decision to reconnect coal-fired power plants to compensate for …

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Boeing says ‘lessons learned’ from costly Air Force One deal

July 17, 2022
Boeing says 'lessons learned' from costly air force one deal - photo licensed by shore news network.

By David Shepardson LONDON – Boeing’s defense chief said on Sunday it had learned lessons from a contract to supply the U.S. presidency with new …

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Fire Department Says Smoke Alarm, Sprinkler Saved Baby’s Life in Fallston

July 17, 2022July 17, 2022
Fire department says smoke alarm, sprinkler saved baby's life in fallston - photo licensed by shore news network.

FALLSTON, MD – A working smoke alarm and sprinkler system is credited today for saving the life of an infant and sparing a home from …

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Starbucks says it’s not in formal sale process for UK business

July 16, 2022
Starbucks says it's not in formal sale process for uk business - photo licensed by shore news network.

(Reuters) -Starbucks Corp is not in a formal sale process for its UK business, a company spokesperson said in a statement after The Times reported …

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India on course to become world’s fastest-growing economy, says RBI

July 16, 2022
India on course to become world's fastest-growing economy, says rbi - photo licensed by shore news network.

By Swati Bhat MUMBAI – India’s economy has remained resilient in the face of global headwinds and with inflation coming off its recent peak is …

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Georgia prosecutor warns Republicans in Trump fake electors probe, report says

July 15, 2022
Georgia prosecutor warns republicans in trump fake electors probe, report says - photo licensed by shore news network.

(Reuters) – The prosecutor for Georgia’s Fulton County has warned high-profile Republicans in that state they could be indicted for their role in efforts by …

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Medical examiner says Ivana Trump’s death was accidental

July 15, 2022
Medical examiner says ivana trump's death was accidental - photo licensed by shore news network.

By Kanishka Singh (Reuters) – Ivana Trump, former U.S. President Donald Trump’s first wife who passed away on Thursday, died as a result of an …

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Turkish businessman extradited to U.S. to face laundering, fraud charges

July 15, 2022

By Kanishka Singh WASHINGTON -Turkish businessman Sezgin Baran Korkmaz was extradited from Austria and arrived on Friday in Utah to face money laundering and wire …

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Mother Of 10-Year-Old Rape Victim Says Everything Said About Alleged Rapist Is ‘A Lie’

July 19, 2022July 15, 2022
Courtroom stock photo

Mother Of 10-Year-Old Rape Victim Says Everything Said About Alleged Rapist Is ‘A Lie’ Laurel Duggan on July 15, 2022 The mother of the 10-year-old …

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Ukraine strikes significantly reducing Russia’s offensive potential, Kyiv says

July 15, 2022
Ukraine strikes significantly reducing russia's offensive potential, kyiv says - photo licensed by shore news network.

By Max Hunder and Tom Balmforth KYIV – Ukrainian rocket strikes have destroyed more than 30 Russian military logistics centres in recent weeks and significantly …

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Biden to discuss energy security during talks in Saudi, says advisor

July 15, 2022
Biden to discuss energy security during talks in saudi, says advisor - photo licensed by shore news network.

AIR FORCE ONE – U.S. President Joe Biden will discuss energy security with leaders of Gulf Arab oil producers during meetings in Saudi Arabia and …

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Fed’s Bullard says policy rate should be at least 3.75% by end of 2022

July 15, 2022
Fed's bullard says policy rate should be at least 3. 75% by end of 2022 - photo licensed by shore news network.

(Reuters) – The U.S. Federal Reserve should target a policy rate in the range of 3.75% to 4% by the end of this year in …

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Russia not interested in nationalising foreign enterprises, says minister

July 15, 2022
Russia not interested in nationalising foreign enterprises, says minister - photo licensed by shore news network.

(Reuters) -Moscow is not interested in nationalising foreign-owned enterprises operating in Russia, Trade and Industry Minister Denis Manturov said on Friday, in comments likely to …

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Burberry says U.S. demand for sneakers and slides fades

July 15, 2022
Burberry says u. S. Demand for sneakers and slides fades - photo licensed by shore news network.

LONDON – British luxury brand Burberry said a drop in demand for footwear such as sneakers and slides drove a 4% fall in first-quarter like-for-like …

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El Salvador finance minister says possible IMF deal no panacea

July 14, 2022
El salvador finance minister says possible imf deal no panacea - photo licensed by shore news network.

SAN SALVADOR – Salvadoran Finance Minister Alejandro Zelaya minimized on Thursday the potential positive impact of a long-delayed deal with the International Monetary Fund, even …

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Mexico’s Credito Real says commercial court ordered its judicial liquidation

July 14, 2022

MEXICO CITY – A commercial court recognized the dissolution of Mexico’s Credito Real and ordered its judicial liquidation, the troubled payroll lender said in a …

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IMF says hopes to start lending from new resilience trust in October

July 14, 2022
Imf says hopes to start lending from new resilience trust in october - photo licensed by shore news network.

By David Lawder WASHINGTON – The International Monetary Fund said on Thursday it hopes to begin lending from its new Resilience and Sustainability Trust (RST) …

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IMF says China needs more fiscal, monetary support to fight COVID slowdown

July 14, 2022
Imf says china needs more fiscal, monetary support to fight covid slowdown - photo licensed by shore news network.

By David Lawder WASHINGTON -The International Monetary Fund said on Thursday that China needs to add more fiscal and monetary policy support to combat an …

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Global crypto rules needed to keep markets clean, says UK watchdog

July 14, 2022
Global crypto rules needed to keep markets clean, says uk watchdog - photo licensed by shore news network.

By Huw Jones LONDON – Global rules are needed to regulate international crypto firms like Binance and “keep markets clean”, Britain’s Financial Conduct Authority said …

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Yellen says it’s in China’s interest to restructure Sri Lanka’s debt

July 14, 2022
Yellen says it's in china's interest to restructure sri lanka's debt - photo licensed by shore news network.

By Andrea Shalal and Marc Jones NUSA DUA, Indonesia – China is a “very important” creditor of Sri Lanka and it would likely be in …

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SAS says pilot strike has so far cost $123 million

July 14, 2022
Sas says pilot strike has so far cost $123 million - photo licensed by shore news network.

COPENHAGEN – Airline SAS said on Thursday a pilot strike has cost as much as 1.3 billion Swedish crowns ($122.5 million) so far, and that …

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Philippines Finance Minister says economy robust enough to absorb aggressive rate hike

July 14, 2022
Philippines finance minister says economy robust enough to absorb aggressive rate hike - photo licensed by shore news network.

MANILA – The Philippine economy continues to be robust to absorb the 75 basis points increase in the central bank’s benchmark interest rates, given an …

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Biden says he would use force as ‘last resort’ to keep Iran from nuclear weapons

July 13, 2022
Biden says he would use force as 'last resort' to keep iran from nuclear weapons - photo licensed by shore news network.

WASHINGTON – U.S. President Joe Biden said he would use force as a last resort to prevent Iran from getting a nuclear weapon as he …

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Bank of Canada says recent inflation forecast errors due mainly to global shocks

July 13, 2022
Bank of canada says recent inflation forecast errors due mainly to global shocks - photo licensed by shore news network.

OTTAWA, July 13 (Reuters)- The Bank of Canada on Wednesday said its consistent underestimation of inflation since the spring of last year has been mostly …

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No change in U.S. policy on Palestinian consulate in Jerusalem, spokesman says

July 13, 2022
No change in u. S. Policy on palestinian consulate in jerusalem, spokesman says - photo licensed by shore news network.

JERUSALEM – The White House spokesperson John Kirby said National Security Adviser Jake Sullivan misspoke on Wednesday when he told reporters that the United States …

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ARK’s Wood says Fed is making a ‘mistake,’ sees stocks bottoming

July 12, 2022
Ark's wood says fed is making a 'mistake,' sees stocks bottoming - photo licensed by shore news network.

By David Randall NEW YORK – The Federal Reserve is ignoring signs of deflation as it continues its aggressive interest rate-hike plan to combat inflation …

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Biden says immigration is a shared hemispheric challenge for Mexico, U.S

July 12, 2022
Biden says immigration is a shared hemispheric challenge for mexico, u. S - photo licensed by shore news network.

WASHINGTON – U.S. President Joe Biden said that dealing with immigration was a shared hemispheric challenge for both the United States and Mexico as Mexico’s …

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ECB should model new bond scheme on old one, Nagel says

July 11, 2022
Ecb should model new bond scheme on old one, nagel says - photo licensed by shore news network.

FRANKFURT – The European Central Bank should model its upcoming bond-buying scheme, aimed at capping borrowing costs for Italy and other indebted countries, on the …

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