Sun, 25 Sep 2022

Many forced out as US rental apartments jump 10% in price

WASHINGTON D.C.: Young workers in the U.S. have been the group most harmed by surging rental prices, with many taking ...

US to allow more tourist flights to Cuba

WASHINGTON D.C.: The U.S. Transport Department has announced that the Biden administration has approved the expansion of U.S. flights to ...

McDonald's Russian successor planning full reopening in 2022

MOSCOW, Russia: After battling supply chain issues, potato shortages and a heftyrebranding job, the successor to McDonald's in Russia, Vkusno ...

Global financial markets in disarray, British pound plunges

NEW YORK, New York - U.S. and global stocks continued falling Friday in a dismal end to the week. The ...

UK caps energy prices for businesses this winter

LONDON, England: Businesses struggling with soaring energy costs have welcomed the British government's move to cap wholesale electricity and gas ...

Stocks in Asia on the nose, Australian market loses nearly 2 percent

SYDNEY, NSW, Australia - Stocks in Asia were sold off sharply across the board on Friday. Bonds dived as yields ...

Food, energy lead jump in Sri Lanka inflation to 70.2% in August

COLOMBO, Sri Lanka: The Department of Census and Statistics in Sri Lanka said consumer inflation surged to 70.2 percent in ...

Seeking rebound after Covid, Shanghai begins construction projects

SHANGHAI, China: After its economy slowed due to COVID-19 lockdowns in April and May, Shanghai, China's largest city, announced the ...

U.S. stocks reverse early gains and close in red, Nasdaq loses 153 points

NEW YORK, New York - Fears of a global recession coupled with higher inflation and even more aggressive interest rate ...

Congress hears from CEOs of U.S. banks at special hearing

WASHINGTON D.C.: The chief executives of JP Morgan, Bank of America, Citigroup, Wells Fargo and other major U.S. retail banks ...

Pepsi products leaving Russia due to invasion of Ukraine

MOSCOW, Russia: Some six months after it said it would halt sales and production following Russia's invasion of Ukraine, PepsiCo ...

Stocks in Asia continue sliding, Nikkei 225 drops 153 points

TOKYO, Japan - Stocks in Asia continued sliding Thursday, extending losses related to the U.S. Federal Reserve's aspirations to stamp ...

Asian tourists to return to large numbers by 2024, says Agoda CEO

BANGKOK, Thailand: Online travel agency Agoda predicts that Asian tourists will resume international travel at pre-pandemic levels by 2024. The ...

Following Covid, Thailand sees 2023 tourism revenues of $64.5 billion

BANGKOK, Thailand: Thailand expects to earn $64.50 billion in tourism revenues in 2023, according to government spokesperson Anucha Burapachaisri. As ...

75 basis points interest rate hike hits U.S. stocks, Nasdaq dives 205 points

NEW YORK, New York - Wall Street buckled on Wednesday and the U.S. dollar roared as the Federal Reserve delivered ...

To speed economic recovery, China to hurry construction projects

BEIJING, China: China state planners have said that even though the economy showed signs of renewed momentum last month, the ...

Loop Energy says new hydrogen engine as economic as diesel

BURNABY, Canada: Hydrogen fuel cell maker Loop Energy has announced that its latest hydrogen cell truck motor provides better fuel ...

Asian stock markets close lower ahead of FOMC decision

SYDNEY, NSW, Australia - Stocks in Asia wilted on Wednesday following further falls on Wall Street overnight.At the conclusion of ...

Protesters in Moldova call for new government as inflation strikes

CHISNAU, Moldova: Thousands of people in Moldova protested against high inflation and fuel prices, as well as demanded the resignation ...

US man faces prison term for $2.6 million COVID-19 relief fraud

FT. MEYERS, Florida: A Florida man, Daniel Joseph Tisone from Naples, has pleaded guilty to stealing COVID-19 relief funds worth ...

Fed fears undermine U.S. stocks, Nasdaq dives 110 points

NEW YORK, New York - U.S. stocks closed sharply lower on Tuesday, ahead of the completion of the two-day regular ...

After Russian war in Ukraine, Airbus reports more helicopter orders

PARIS, France: Airbus Helicopters CEO Bruno Even has said that he expects new orders and deliveries to continue rising in ...

Tesla hopes to sell 80,000 cars in Germany in 2022

BERLIN, Germany: German weekly Automobilwoche has reported that Tesla seeks to doubleits vehicle sales in Germany in 2022, to reach ...

BoG approves increase in retainers, match fees in 2022-23 domestic cricket contracts in Pakistan

Karachi [Pakistan], September 25 (ANI): Pakistan Cricket Board (PCB) announced the details of 2022-23 domestic contracts, which were approved by ...

Assam: 3 Rhino statues made from burnt horns stand tall at Kaziranga

Kaziranga (Assam) [India], September 25 (ANI): In a one-of-its-kind move, three rhino statues at the Kaziranga National Park have been ...

Foreign investors remain net buyers in India for third straight month

New Delhi [India], September 25 (ANI): Foreign portfolio investors (FPIs) have continued to remain net buyers in Indian equity markets ...

Chintan Shivir: Assam CM held deliberations with Sadhguru on development of state

Kaziranga (Assam) [India], September 25 (ANI): In a move to draw a roadmap for holistic development of the state and ...

US stocks tumble on rate hike concerns

NEW YORK, 24th September, 2022 (WAM) -- Wall Street's main indexes all tumbled to close well down on Friday, amid ...

3-day Chintan Shivir to prepare roadmap for holistic development of Assam by 2026: CM Sarma

Kaziranga (Assam) [India], September 25 (ANI): Assam Chief Minister Himanta Biswa Sarma on Saturday said that the main aim to ...

Billionaire investor warns worst is yet to come for US economy

Inflation cannot be cured, Carl Icahn saysLoose monetary policy has spawned record-high inflation in the US economy, a circumstance that ...

Ford forced to park thousands of unfinished vehicles media

Parts shortages have reportedly prompted the company to leave trucks at a former NASCAR trackFord Motor Co. continues to be ...

Rupee has held "very well" against US Dollar compared to other currencies: FM Nirmala Sitharaman

Pune (Maharashtra) [India], September 24 (ANI): The Indian Rupee has held "very well" against the US Dollar compared to other ...

Former Giants RB wins $28.5M verdict in medical case

A former New York Giants running back who filed suit against his medical team won a $28.5 million verdict, the ...

India showcases its growth story at 77th Session of UNGA

New York [US], September 24 (ANI): India on Friday (local time) showcased its growth story at a special event on ...

At Bihar rally, Shah highlights India becoming 5th largest economy in world overtaking UK

Kishanganj (Bihar) [India], September 24 (ANI): Highlighting the country's growth stride, Union Home Minister Amit Shah on Saturday said that ...

What makes India an attractive investment destination?

New Delhi [India], September 24 (ANI): Among the very few countries which have successfully countered the fiscal challenges caused by ...

EU seeks laws against human rights issues in Pakistan

Islamabad [Pakistan], September 24 (ANI): The Members of the European Parliament (MEPs), who paid a three-day visit to Pakistan, have ...

US oil reserves at lowest level in decades media

The stockpile has been gradually shrinking due to Washington's attempts to stabilize gasoline pricesUS strategic petroleum reserves (SPRs) have shrunk ...

Nigeria is producing less and less oil. Here's why

Nigeria's oil output was at the lowest since 1990 as its crude oil production fell below 1 million barrels per ...

Why Japan's central bank sticks to ultralow rate policy

© Provided by Xinhua Experts here believe that there are reasons behind the BOJ's decision to keep the ultralow rate ...

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Hong Kong expected to reduce strict COVID-19 quarantine policy

HONG KONG: To keep the city connected with the rest of the world, while ensuring an "orderly opening-up," Hong Kong ...

Food, energy lead jump in Sri Lanka inflation to 70.2% in August

COLOMBO, Sri Lanka: The Department of Census and Statistics in Sri Lanka said consumer inflation surged to 70.2 percent in ...

Seeking rebound after Covid, Shanghai begins construction projects

SHANGHAI, China: After its economy slowed due to COVID-19 lockdowns in April and May, Shanghai, China's largest city, announced the ...

Following N. Korea missile tests, US sends aircraft carrier on visit

SEOUL, South Korea: A U.S. aircraft carrier, the USS Ronald Reagan, will visit South Korea for the first time in ...

To speed economic recovery, China to hurry construction projects

BEIJING, China: China state planners have said that even though the economy showed signs of renewed momentum last month, the ...

Typhoon brings high winds, floods to southern Japan, Tokyo

TOKYO, Japan: Typhoon Nanmadol has struck southern Japan, bringing strong winds and heavy rains, causing blackouts, paralyzing ground and air ...

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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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