Sat, 25 Mar 2023

U.S. stocks defy global gloom, concerns about giant German bank

NEW YORK, New York - Wall Street jumped on Friday, although gains were modest after bank shares in Europe came ...

30,000 teachers' aides, bus drivers, others strike at Calif. schools

LOS ANGELES, California: Some 30,000 education workers in Los Angeles, backed by teachers, went on a three-day strike, canceling school ...

Demand for US flights to Europe jumps 37%, prices also rise

LONDON, England: Despite rising air fares, a potential global economic recession and risks of gridlock at some airports in Europe ...

U.S. says businesses receiving federal funds cannot work with China

WASHINGTON D.C.: The US Commerce Department has proposed new laws aimed at preventing China and other countries deemed of concern ...

Wall Street gives up early gains to cloe moderately higher

NEW YORK, New York - As concerns over the banking sector eased, U.S. stocks moved moderately higher on Thursday, but ...

Mexico to become EV production hub despite low local demand

MEXICO CITY, Mexico: Amid Tesla's plan to open a $5 billion Gigafactory in the country, Mexico will soon become an ...

France says fishermen must end deaths of dolphins-porpoises in nets

PARIS, France: Amidst the mass deaths of dolphins and porpoises in recent years, France's highest administrative body has ordered the ...

Philippines finds leaking fuel tanker 3 weeks after sinking

MANILA, Philippines: An underwater robot from Japan has located a leaking fuel tanker, MT Princess Empress, which sank off the ...

U.S. stocks tumble as UK inflation rate spikes to 10.40 percent

NEW YORK, New York - A hike in official U.S. interest rates of 0.25 percent, and a jump in inflation ...

Amazon to cut 9,000 jobs, bringing total layoffs to 27,000

SEATTLE, Washington: In a memo to staff sent this week, Amazon CEO Andy Jassy said the company plans to cut ...

Defective break hose, wiper arm causes Ford recall of 1.5 million cars

DETROIT, Michigan: Due to leaking brake hoses and windshield wiper arms that can break off, Ford is recalling more than ...

Techs jump in widespread U.S. stock markets advance

NEW YORK, New York - Wall Street continued its advance on Tuesday as investors continued to weigh up the health ...

US says citizens not to buy meds in Mexico, many contain fentanyl

WASHINGTON D.C.: The US State Department has issued a travel warning regarding dangerous fake pills sold at pharmacies in Mexico, ...

Mercedes modernizing EV plants in China, Germany, Hungary,

FRANKFURT, Germany: The German Automobilwoche magazine has reported that as part of its efforts to switch to selling electric vehicles ...

Banks rebound lifting U.S. stock markets, Nasdaq gains 45 points

NEW YORK, New York - U.S. stocks rallied on Monday following the weekend buy-in of Credit Suisse by UBS, which ...

US loans $300 billion to banks following closing of SVB bank

WASHINGTON D.C.: The US Federal Reserve Bank has announced that cash-strapped banks throughout the US borrowed some $300 billion during ...

Skeptical US Lawmakers Grill TikTok CEO Over Safety, Content

Washington - U.S. lawmakers grilled the CEO of TikTok over data security and harmful content Thursday, responding skeptically during a ...

Exploring Bhutan's spiritual heritage, Buddhist traditions

Thimphu [Bhutan], March 25 (ANI): Bhutan is a country deeply rooted in Buddhism, with spiritual practices and beliefs interwoven into ...

Spring training roundup: Twins score late to power past Yankees

Emmanuel Rodriguez hit a three-run homer in the top of the ninth inning as the Minnesota Twins scored five runs ...

US Regulators: Banking System 'Sound and Resilient'

WASHINGTON - The multi-regulator U.S. Financial Stability Oversight Council (FSOC) agreed Friday that the U.S. banking system remains 'sound and ...

US, Canada Announce Deal on Asylum-Seekers During Biden Trip

U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau announced an immigration deal Friday to stop asylum-seekers from crossing ...

Reforms soften blow of Europe's banking crisis but risks remain

© Provided by Xinhua According to Lorenzo Rocco from the Department of Economics and Management at the University of Padova, ...

Angry miners hold mock funeral of Greta Thunberg and EU suits

Polish coal miners are protesting that EU directives could lead to the loss of thousands of jobsPolish coal miners, angered ...

Lok Sabha passes Finance Bill 2023 with 64 amendments; marginal relief proposed under new tax regime

New Delhi [India], March 25 (ANI): Lok Sabha on Friday passed the Finance Bill 2023 with several offiical amendments amid ...

Finnish politicians divided over donation of Hornet jets to Ukraine

© Provided by Xinhua Marin's comments about the Hornets created confusion and elicited criticism in Finland as neither the president, ...

Four ways the UK economy is being hampered by the private sector

The UK government has decided to go ahead with a rise in corporation tax in April 2023. The move is ...

Lebanese shrink Ramadan menu amid steep price increase

© Provided by Xinhua by Dana HalawiBEIRUT, March 24 (Xinhua) -- Rana Rashidi, a young Lebanese housewife and mother of ...

UK consumer data improve but outlook remains gloomy

© Provided by Xinhua Retail sales volumes grew by 1.2 percent in February, the largest monthly increase since October 2022, ...

IMF asks Pakistan to provide external financing assurances for release of funds

Islamabad [Pakistan], March 24 (ANI): The International Monetary Fund (IMF) has asked Islamabad to provide external financing assurances before it ...

China's listed firms perform well in advancing high-quality development

© Provided by Xinhua BEIJING, March 24 (Xinhua) -- With increased operating revenues and net profits in 2022, China's listed ...

Chinese auto enterprises roll out stimulus measures to spur consumption

© Provided by Xinhua NANNING, March 24 (Xinhua) -- Zhou Min, a car salesperson at an Audi 4S store in ...

Finance Bill passed in Lok Sabha, FM Sitharaman announces committee to look into pension system

New Delhi [India], March 24 (ANI): Amid the debate over certain Opposition-ruled states adopting the Old Pension Scheme (OPS), Union ...

UK inflation accelerates data

Prices for food and non-alcoholic drinks have jumped to the highest level since 1977, official statistics showConsumer prices in the ...

Indian stock indices extend losses, fall marginally Friday

New Delhi [India], March 24 (ANI): Indian stocks extended their losses from the previous session and opened marginally lower on ...

Why mortgage rates will not return to recent lows any time soon

The Bank of England base rate has increased steeply from 0.25% in January 2022 to 4.25% in March 2023. More ...

Pentagon begins redeployment to deter Russia and China WSJ

The US Defense Department will move newer attack aircraft to Europe and the Pacific, the newspaper reportsThe US will send ...

US economy heading for train wreck, billionaire warns

Continued interest rate hikes by the Fed could worsen the banking turmoil, according to Bill AckmanThe US economy is facing ...

Most wanted crypto fugitive arrested minister

Do Kwon, the co-founder of failed companies TerraUSD and Luna, is accused of defrauding investors of $40 billionWanted South Korean ...

Pakistan invokes Shariah amid calls for compliance under European Union's GSP Plus scheme

Islamabad [Pakistan], March 23 (ANI): A significant beneficiary of European Union's GSP Plus scheme, Pakistan is having a tough time ...

State Bank of Pakistan likely to raise interest rate to unlock IMF loan programme

Karachi [Pakistan], March 23 (ANI): The State Bank of Pakistan (SBP) is likely to raise the interest rate by 2 ...

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Financing official: expect more banks to close

LONDON, England: During a Bloomberg conference held in London this week, Luke Ellis, CEO of hedge fund Man Group, said ...

U.S. stocks defy global gloom, concerns about giant German bank

NEW YORK, New York - Wall Street jumped on Friday, although gains were modest after bank shares in Europe came ...

30,000 teachers' aides, bus drivers, others strike at Calif. schools

LOS ANGELES, California: Some 30,000 education workers in Los Angeles, backed by teachers, went on a three-day strike, canceling school ...

Demand for US flights to Europe jumps 37%, prices also rise

LONDON, England: Despite rising air fares, a potential global economic recession and risks of gridlock at some airports in Europe ...

U.S. says businesses receiving federal funds cannot work with China

WASHINGTON D.C.: The US Commerce Department has proposed new laws aimed at preventing China and other countries deemed of concern ...

Wall Street gives up early gains to cloe moderately higher

NEW YORK, New York - As concerns over the banking sector eased, U.S. stocks moved moderately higher on Thursday, but ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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