Wed, 17 Aug 2022

Billionaire Indian trader Rakesh Jhunjhunwala dead at 62

DELHI, India: Dubbed the country's Warren Buffett, India's best-known stock investor and self-made billionaire, Rakesh Jhunjhunwala, died on August 14 ...

New money transfers spell end of credit card, says Brazil bank chief

SAO PAULO, Brazil: Brazil's central bank chief Roberto Campos Neto has said that he believes credit cards will cease to ...

Fears of global recession keep Asian stocks on edge

SYDNEY, NSW, Australia - Stocks in China were flat to lower on Tuesday as investors weighed up the disappointing economic ...

UK Labor Party calls for limit on energy prices

LONDON, England: Reports from the UK's opposition Labour Party said its leader, KeirStarmer, will call for a freeze on energy ...

Covid tests for vaccinated passengers dropped by cruise lines

MIAMI, Florida: Carnival cruise lines, including Carnival Cruise, Princess Cruises and Cunard, have made plans to drop mandatory COVID-19 testing ...

U.S. stocks gain ground, Nasdaq Composite climbs 81 points

NEW YORK, New York - U.S. stocks continued to mend fences on Monday, with gains by all the major indices."I ...

Dublin to see construction of new Amazon data centers in Ireland

DUBLIN, Ireland: Amazon has received permission to build two new data centers in north Dublin. The Dublin City Council approved ...

As world economy slows, price of copper falls

LONDON, England: Despite a recent rebound, speculators in the international copper market, considered an indicator of the world's economic health, ...

Japan's Nikkei 225 gains 325 points despite disappointing data out of China

SYDNEY, NSW, Australia - Disappointing economic data released Monday has triggered a slackening of key interest rates by the Bank ...

Nepal-China relationship elevated to a "strategic partnership"

BEIJING, China - Following a meeting of the two countries foreign ministers, China and Nepal agreed to build the Trans-Himalayan ...

Details released on plan to charge $23 to drive into New York City

NEW YORK CITY, New York: After a study released on Wednesday projected a 15 to 20 percent reduction in the ...

Russian Central Bank reports economy down 4% in second quarter

MOSCOW, Russia: Financial information released by the Rosstat federal statistics service this week indicated that Russia's economy shrank 4 percent ...

Chinese aeroplanes remain grounded at Kathmandu airport

KATHMANDU, Nepal - While the Ministry of Finance has begun repaying interest on the loans for the planes, a batch ...

US gas prices below $4 per gallon after demand falls

WASHINGTON D.C.: Providing relief to drivers in the United States, the average retail gasoline price in the US fell below ...

Walmart looks to streaming entertainment for future revenues

NEW YORK CITY, New York: Walmart could sign a deal with Disney, Paramount, or Comcast, with the aim of breaking ...

Domino's pizza shuts down all stores across Italy

MILAN, Italy: Milano Today has reported that seven years after launching in the country, American pizza giant Domino's has now ...

U.S. stocks bound ahead, Nasdaq advances more than 2%

NEW YORK, New York - U.S. investors again plowed into stocks on Friday, many convinced inflation has peaked."Markets certainly got ...

Toyota issues stop driving order for BZ4X electric SUV

TOKYO, Japan: Toyota has advised the owners of its BZ4X electric SUV to stop driving their vehicles and return them ...

U.S. to sue Google, claiming antitrust violations in ad sales

WASHINGTON D.C.: The U.S.Department of Justice is reportedly preparing to sue Google as soon as next month, claiming that the ...

Stocks in Asia tread water, Japan's Nikkei 225 the only winner

SYDNEY, NSW, Australia - Stocks in Japan surged on Friday as investors and traders returned to their desks after a ...

Officials hopeful as UK consumer confidence rises

LONDON, England: A survey conducted by YouGov and consultancy Cebr reported that UK consumer confidence slowly rose in July, after ...

Bengali FM accuses Swiss ambassador of lying about bank accounts info

DHAKA, Bangladesh - Foreign Minister AK Abdul Momen has stated that the Switzerland Ambassador to Bangladesh Nathalie Chuard's claims that ...

After twitter bid, Elon Musk now sets eye on Manchester United

Washington [US], August 17 (ANI): After the failed Twitter bid that has left Tesla's chief executive officer (CEO) in an ...

Chinese tech helps Malaysia move toward low-carbon energy

© Provided by Xinhua "By combining energy technology with power technology and information technology, China has effectively promoted the development ...

Wall Street up broadly as big tech dips in cautious trade ahead of fed minutes release

New York [US], August 17 (ANI/Sputnik): Wall Street registered another broadly higher close on Tuesday even as Big Tech stocks ...

Inflation Reduction Act May Have Little Impact on Inflation

WASHINGTON - With inflation raging near its highest level in four decades, President Joe Biden on Tuesday signed into law ...

US may 'sleepwalk into war with China Asian leader

Washington and Beijing are leading the world into ?dangerous territory,? Singapore's future PM has told Bloomberg NewsUS-China tensions are rising ...

China enters 'most tense' period of economic stabilization

Beijing [China], August 17 (ANI): Chinese Premier Li Keqiang on Tuesday said that China had reached its most difficult stage ...

Biden's anti-inflation legislation to backfire budget office

The Inflation Reduction Act will cost middle-class taxpayers billionsThe Inflation Reduction Act signed into law by US President Joe Biden ...

What William Ruto's presidency would mean for Kenya's economy

William Ruto has been declared the winner of Kenya's 2022 presidential election. The close results have been queried, raising the ...

China rations electricity to factories as heatwave affect economy

Beijing [China], August 16 (ANI): Chinese Sichuan province, which is home to over 80 million people, announced on Monday that ...

Nigeria's Inflation Hits 17-Year High as Food Prices Soar

Abuja, Nigeria - Nigerian authorities say the country's inflation rate jumped to nearly 20% in July, compared to last year, ...

China's youth jobless rate hits a record high of 19.9 pc

Beijing [China], August 16 (ANI): Youth jobless rate in China has hit a record high of 19.9 percent, media reports ...

Pak PM Shehbaz cites flaws in economic model amid severe financial crisis

Islamabad [Pakistan], August 16 (ANI): Pakistani Prime Minister Shehbaz Sharif has indirectly admitted the country's ongoing financial crisis, by citing ...

Sensex surges 379 points; MM, Maruti Suzuki, RIL jump

Mumbai (Maharashtra) [India], August 16 (ANI): The Indian stock market's benchmark Sensex surged by 379 points on Tuesday led by ...

Pakistan's debt reaches new high, jumps to almost PKR 60 trillion

Islamabad [Pakistan], August 16 (ANI): Due to huge currency depreciation and faulty policies of the Shehbaz Sharif-led Pakistan government, the ...

India's wholesale inflation eases substantially in July but still in double-digit

New Delhi [India], August 16 (ANI): India's wholesale inflation declined substantially during the month of July to 13.93 per cent, ...

Sensex jumps 300 points; auto, FMCG, banking stocks soar

Mumbai (Maharashtra) [India], August 16 (ANI): The Indian stock market's benchmark Sensex was trading 300 points higher in the afternoon ...

Why unemployment is set to stay below 5% for years to come

Unfathomably, Australia's unemployment rate has sunk to 3.5%. Even harder to believe is that it will soon sink lower - ...

Wall Street re-launches Russian bond trading Reuters

The US government has authorized allowing holders to dispose of their assetsSeveral major US banks have restarted facilitating trades in ...

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Billionaire Indian trader Rakesh Jhunjhunwala dead at 62

DELHI, India: Dubbed the country's Warren Buffett, India's best-known stock investor and self-made billionaire, Rakesh Jhunjhunwala, died on August 14 ...

With Covid cases increasing, India's New Delhi continues mask mandate

NEW DELHI, India: A government order released to reporters this week said New Delhi will continue to enforce a mask ...

Paki Navy rescues nine crew members of drowned Indian vessel near Gwadar

GAWADAR, Pakistan - According to the Director-General of Inter-Services Public Relations, the Pakistan Navy rescued nine crew members from an ...

Suspected Militants Fatally Shoot Local Hindu Man in Kashmir

Srinagar, India - Assailants on Tuesday killed a local Hindu man and injured his brother in a shooting that police ...

BJP sets target of 35 seats in Bihar for 2024 Lok Sabha polls

New Delhi [India], August 17 (ANI): Days after Bihar Chief Minister Nitish Kumar-led Janata Dal (United) parted ways with the ...

Delhi High Court forms panel to streamline functioning of IOA

New Delhi [India], August 17 (ANI): The Delhi High Court on Tuesday appointed a Committee of Administrators (CoA) for the ...

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Shape of Water

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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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