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Big U.S. auto dealers bet billions against the death of the dealership
By Joseph White DETROIT (Reuters) - U.S. auto dealers, flush with cash, are buying each other at a record pace, but they are not closing stores in the process. Defying predictions that the internet an...
Syndicated Content Mar 02, 2022
U.S. shale oil forecasts keep rising as smaller producers lead the way
By Liz Hampton (Reuters) - Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia's invasion of Ukraine, leaving smaller producers to lead outpu...
Syndicated Content Mar 02, 2022
Texas runoff a show of strength for progressive Democrats
By Moira Warburton and Richard Cowan WASHINGTON (Reuters) - Progressive Democrat Jessica Cisneros' primary challenge to U.S. Representative Henry Cuellar of Texas will go to a runoff, a show of streng...
Syndicated Content Mar 02, 2022
Russian central bank temporarily suspends international transfers by some foreign entities
MOSCOW (Reuters) - Russia's central bank said on Wednesday it was temporarily suspending transfers by foreign legal entities and individuals from several countries to accounts abroad. The bank said it...
Syndicated Content Mar 02, 2022
Porsche suspends production in Leipzig over Ukraine crisis
BERLIN (Reuters) - Volkswagen's Porsche is suspending production at its Leipzig plant until the end of next week as a result of the Ukraine crisis, a spokesperson for the luxury carmaker said on Wedne...
Syndicated Content Mar 02, 2022
Lithuania could ban Russian vessels from its ports – BNS
VILNIUS (Reuters) - Lithuania's government will vote on Wednesday on whether to ban Russian vessels from its ports following the invasion of Ukraine, the BNS news agency reported on Wednesday. "Ships ...
Syndicated Content Mar 02, 2022
Russia’s Nabiullina tells central bank staff: we hoped not to face extreme economic situation
MOSCOW (Reuters) - Russia's Central Bank Governor Elvira Nabiullina said Russia's economy had come up against an extreme situation, something she said they had all hoped would not happen, in an video ...
Syndicated Content Mar 02, 2022
Euro zone inflation soars to new high, intensifying ECB dilemma
FRANKFURT (Reuters) - Euro zone inflation soared to another record high last month, intensifying a policy dilemma for the European Central Bank, which must convey a sense of calm amid war-related mark...
Syndicated Content Mar 02, 2022
Nigeria’s ‘Waste Museum’ showcases art to raise awareness on waste
By Seun Sanni IBADAN, Nigeria (Reuters) - Inside Nigeria's 'Waste Museum' in Ibadan city, Jumoke Olowookere works on her latest creations made out of used tyres to add an addition to a wide collection...
Syndicated Content Mar 02, 2022
Ryanair’s O’Leary says bookings can withstand Ukraine crisis
LONDON (Reuters) - Russia's invasion of Ukraine will not have a dramatic impact on airline bookings in eastern Europe so long as the war does not escalate and spread, Ryanair boss Michael O'Leary said...
Syndicated Content Mar 02, 2022

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