Mon, 23 May 2022

Greenback under pressure in Asia, stocks close mostly higher

SYDNEY, NSW, Australia - Stocks in Asia were mostly moderately higher at the close Monday, while the U.S. dollar was ...

Chinese voice criticism of $1,373 Gucci umbrella that cannot get wet

BEIJING, China: Chinese consumers have been vocal in their criticism of a $1,373 Gucci umbrella which should be kept out ...

Mercedes to install lighter batteries with 20-40% power boost

STUTTGART, Germany: Beginning in 2025, Mercedes-Benz will incorporate a new, highly energy-dense battery in its G-Class electric vehicles, potentially solving ...

Recession feared by as UK faces highest inflation in 40 years

LONDON, England: UK prices are rising at their fastest rate in 40 years, as higher energy bills are changing spending ...

Target reports profits down 52%, shares down 25%

MINNEAPOLIS, Minnesota: Amidst the rising costs of essentials, such as fuel and food, and the rapid return by consumers to ...

German Allianz pays $6 billion in fraud case, officials plead guilty

WASHINGTON D.C.: After its U.S. asset management unit pleaded guilty to criminal securities fraud after the collapse of a group ...

Court rules unconstitutional California law requiring women on boards

SACRAMENTO, California: In another blow to the state's push to diversify corporate leadership, a California court judge has ruled that ...

Nepal confirms African swine fever outbreak

KATHMANDU, Nepal - According to the World Organization for Animal Health (OIE), Nepal has reported its first cases of African ...

U.S. stocks turmoil evaporates in final hour of trading, major indices unscathed

NEW YORK, New York - U.S. stock markets reversed sharp losses in late trading to eke out minor gains in ...

April sees rise in US auto sales, restaurant spending

WASHINGTON D.C.: U.S. retail sales rose strongly in April, as consumers bought more motor vehicles and spent more at restaurants, ...

As salaries rise 7%, UK unemployment falls to historic low

LONDON, England: The UK's jobless rate fell to a 48-year low in the first three months of 2022, it was ...

Asian stock markets on rise after China's central bank move

SYDNEY, NSW, Australia - A reduction of the official lending criteria in China has boosted stocks on the mainland, and ...

Turkish lira falls another 2%, at lowest since December

ISTANBUL, Turkey: As state lenders reduced the amount of dollar sales to prop up the currency for the ninth consecutive ...

US trader faces 20 years in prison over cryptocurrency scam

NEW YORK CITY, New York: Federal officials have announced that Eddy Alexandre, CEO of Valley Stream trading, is facing charges ...

U.S. stocks see-saw as dollar takes a dive

NEW YORK, New York - U.S. stocks again see-sawed on Thursday while the U.S. dollar rally took a well-deserved break."The ...

Falling sales causes Forbes to drop Samsung on list of tech companies

SEOUL, South Korea: Korean tech giant Samsung Electronics fell two places in Forbes' rankings of the World's Largest Tech Companies ...

Face masks return for workers at some Michigan auto factories

Detroit, Michigan: General Motors, Ford and Chrysler parent Stellantis NV said they are reinstating the face mask mandate for employees ...

South Korea president pledges aid to North in treating Covid outbreak

SEOUL, South Korea: As North Korea grapples with a severe COVID-19 outbreak, South Korean President Yoon Suk-yeol has said that ...

Asian stocks mostly plummet, as sellers take charge

SYDNEY, NSW, Australia - Stocks in Asia mostly sank on Thursday, following on from a rout on Wall Street overnight."There ...

REE Automotive to build commercial EV chassis plant in UK

LONDON, England: Israeli startup REE Automotive has announced that it will build an assembly plant for electric vehicles (EVs) in ...

China prepares to deliver its version or Boeing, Airbus aircraft

BEIJING, China: The Commercial Aircraft Corp of China (Comac) completed a three-hour pre-delivery test flight of China's C919 aircraft at ...

U.S. stocks shatter, Dow Jones industrials drop more than 1,000 points

NEW YORK, New York - Soaring prices have taken their toll on U.S. retailer Target which reported first-quarter profit had ...

Working together, Spain, Portugal set plan to control gas prices

MADRID, Spain: In a coordinated move last week, Spain and Portugal approved a temporary cap on natural gas prices.The move ...

India signs Investment Incentive Agreement to boost US investment in key sectors

Tokyo [Japan], May 23 (ANI): Foreign Secretary Vinay Kwatra and Chief Executive Officer of the U.S. International Development Finance Corporation ...

Sensex closes 38 points down in volatile session; metal stocks crash

Mumbai (Maharashtra) [India], May 23 (ANI): The Indian stock markets key indices, Sensex and Nifty, closed in the red in ...

India's new biscuit brand - 'CRAZE' logins with 40 varieties

Kochi (Kerala) [India], May 23 (ANI/PRNewswire): An Indian brand is ready to enter the biscuit market in India which is ...

Skilled Big Data Professionals in Demand; UPES Student lands 48LPA job offer with Microsoft

New Delhi [India], May 23 (ANI/PRNewswire): Companies globally are in the lookout for real time data to analyse the market ...

Winners from 'rigged' economic system revealed charity

Pharma, food, energy and tech sectors are all profiting from world's pain, Oxfam saysOver the past two years, a new ...

Anti-poverty charity reveals industries that cashed in on Covid

Pharma, food, energy and tech sectors are all profiting from world's pain, Oxfam saysOver the past two years, a new ...

IDS Next acquires ShawMan Software

Bengaluru (Karnataka) [India], May 23 (ANI/PRNewswire): Asia's largest smart hotel software provider,Through this acquisition, IDS Next will be able to ...

Biden unveils Indo-Pacific Economic Framework in Tokyo

Tokyo [Japan], May 23 (ANI): US President Joe Biden unveiled the discussion on Indo-Pacific Economic Framework for Prosperity (IPEF) on ...

4 Reasons why Bajaj Finance FD is Good Investment for Senior Citizens

Pune (Maharashtra) [India], May 23 (ANI/NewsVoir): The age of retirement, for many, means the end of working, and the end ...

Sensex climbs 462 points; auto, FMCG, capital goods stocks surge

Mumbai (Maharashtra) [India], May 23 (ANI): The Indian stock markets' key indices, Sensex and Nifty, were trading with a gain ...

Trainocate: A leading learning development service provider can help advance IT careers

Bengaluru (Karnataka) [India], May 23 (ANI/PRNewswire): Trainocate is one of the most established IT and human capability development training providers ...

Empuls by Xoxoday now available on Microsoft AppSource

Bengaluru (Karnataka) [India], May 23 (ANI/BusinessWire India): Xoxoday, Make Everyday Rewarding, today announced the availability of Empuls onEmpuls, the all-in-one ...

China's economy hit hard by return of COVID-19

Beijing [China], May 23 (ANI): China, which once boasted of a robust defence against COVID-19 pandemic, is now hit hard ...

Malawi Faces Shortages of Foreign Exchange Currency

Blanyre, Malawi - Malawi is facing acute shortages of foreign exchange currency, forcing two international airlines to suspend some of ...

Climate to Conflict, Davos' Post-COVID Return Has Full Plate

Davos, Switzerland - Davos - the hub of an elite annual gathering in the Swiss Alps - is back, more ...

Poland tells Norway to hand over oil revenues

Polish PM Mateusz Morawiecki has accused the Nordic country of making ?unjust? oil and gas money amid the Ukraine conflictNorway ...

Ukraine 15 or 20 years away from joining EU France

Kiev's accession to the European Union will take a ?very long? time, according to France's Europe ministerNo fast-track accession of ...

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Indian private space launch company Skyroot sees first launch in 2023

NEW DELHI, India: Skyroot, India's first privately held company to design, build and test a solid rocket propulsion system, successfully ...

Greenback under pressure in Asia, stocks close mostly higher

SYDNEY, NSW, Australia - Stocks in Asia were mostly moderately higher at the close Monday, while the U.S. dollar was ...

Chinese voice criticism of $1,373 Gucci umbrella that cannot get wet

BEIJING, China: Chinese consumers have been vocal in their criticism of a $1,373 Gucci umbrella which should be kept out ...

Mercedes to install lighter batteries with 20-40% power boost

STUTTGART, Germany: Beginning in 2025, Mercedes-Benz will incorporate a new, highly energy-dense battery in its G-Class electric vehicles, potentially solving ...

Recession feared by as UK faces highest inflation in 40 years

LONDON, England: UK prices are rising at their fastest rate in 40 years, as higher energy bills are changing spending ...

Target reports profits down 52%, shares down 25%

MINNEAPOLIS, Minnesota: Amidst the rising costs of essentials, such as fuel and food, and the rapid return by consumers to ...

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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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