Sun, 29 Jan 2023

Weak 2023, predicts US defense contractor General Dynamics

RESTON, Virginia: Amidst labor and supply shortages, US defense contractor General Dynamics forecasted weak 2023 results, though strong demand for ...

Serta Simmons mattresses seeks bankruptcy protection

ATLANTA, Georgia: In light of its significant debt, the slowing economy and rising interest rates stifling consumer demand, US mattress-maker ...

Walmart minimum wage to start at $14/hr, still below Costco, Target

BENTONVILLE, Arkansas: To attract and retain employees in a tight domestic labor market, Walmart has announced that it it will ...

Technology stocks in demand as U.S. markets move modestly higher

NEW YORK, New York - U.S. stocks hesitatingly continued higher Friday, reflecting widespread gains, albeit modest ones, across the globe."We're ...

Artificial meat given first approval by US officials

NEW YORK CITY, New York: As early as this year, lab-grown meat could be served in some restaurants in the ...

As travel opens up, Thailand prepares for 5 million Chinese tourists

BANGKOK, Thailand: Following China's reopening and the end of its strict COVID-19 restrictions, businesses on Thailand's holiday island of Phuket ...

Recession fears fade as investors weigh into U.S. stocks

NEW YORK, New York - Recession fears faded on Wall Street Thursday as annualized 4th quarter GDP (gross domestic product) ...

Officials cautious as lower mortgage rates increases home buying

WASHINGTON D.C.: In December 2022, US existing home sales declined to a 12-year low, but lower mortgage rates raised cautious ...

South Korean exports fall 2.7% in first 20 days in January

SEOUL, South Korea: Korea Customs Service data released this week showed that South Korean exports for the first 20 days ...

Virginia expects 1,000 jobs as Amazon builds cloud computing center

SEATTLE, Washington: Amazon.com's cloud services division, Amazon Web Services (AWS), has announced that it will expand its data centers in ...

U.S. stocks faint after bull goes into hiding

NEW YORK, New York - U.S. stocks crumbled on Wednesday as the extended rally on Wall Street came to an ...

Ireland had highest EU budget surplus in third quarter 2022

DUBLIN, Ireland: Ireland reported a higher budget surplus than any other country among the 27-member European Union for the third ...

As yearly output declines, experts say US manufacturing in recession

WASHINGTON D.C.: Based on a range of measurements, US manufacturing could have entered a recession in the fourth quarter of ...

UK's National Grid to pay people to use less power during cold snap

LONDON, England: As part of a new scheme called the Demand Flexibility Service, Britain's National Grid said customers would receive ...

US Wolfspeed to build $2.17 billion chip factory in Germany

FRANKFURT, Germany: German media has reported that American power chipmaker Wolfspeed Inc is planning to build a factory in Germany, ...

U.S. stocks struggle after trading ditch, Dow Jones however breaks into black

NEW YORK, New York - Stocks in the United States were mixed on Tuesday after an interesting day which saw ...

Report sees $1.36 billion in spending during Thai Lunar New Year

BANGKOK, Thailand: Consumer spending in Thailand over the ongoing Lunar New Year period could increase 13.6 percent to $1.36 billion, ...

'Remember the Titans' Screenwriter Gregory Allen Howard Dies

NEW YORK - Screenwriter Gregory Allen Howard, who skillfully adapted stories of historical Black figures in "Remember the Titans" starring ...

EU threatens migrants home countries

Nations have been warned to take back their citizens or face restrictions on visa issuanceCountries that refuse to accept their ...

Just as Pandavas could not choose their relatives, India can't choose its neighbours: Jaishankar on Pakistan

Pune (Maharashtra) [India], January 28 (ANI): External Affairs Minister S Jaishankar on Saturday said that just as the Pandavas could ...

Report: NWSL preparing to add teams in Boston, SF, Utah

The National Women's Soccer League is in "advanced discussions" with potential ownership groups to bring new franchises to Boston, Utah ...

China to boost economic rebound, stabilize foreign trade, investment

© Provided by Xinhua BEIJING, Jan. 28 (Xinhua) -- China will consolidate and expand the momentum of economic rebound, accelerate ...

Enjoying festive vibes, China's tourism boom returns

© Provided by Xinhua BEIJING, Jan. 28 (Xinhua) -- It was freezing cold as the temperature was below minus 15 ...

Markets expected to stabilise by next week when SEBI report comes out: Experts

Mumbai (Maharashtra) [India], January 28 (ANI): Market expert Siddharth Kuanwala on Friday said the stock markets are expected to stabilise ...

Price cap range for Russian diesel agreed Bloomberg

The EU and G7 continue to discuss the exact level, seeking to avoid major disruptions across the global marketThe Group ...

Goodyear to lay off 500 jobs: WSJ

Akron (Ohio)[US], January 28 (ANI): Goodyear Tire and Rubber Company said it will cut about 500 jobs, which is about ...

UN warns about Turkish inflation

The country's program to slash interest rates sent prices to a 24-year high last yearThe UN expects inflation in Türkiye ...

Goldman Sachs slashes CEO's pay by 30 pc after bank's poor performance

New York [US], January 28 (ANI): Goldman Sachs Chief Executive, David M Solomon saw his 2022 pay slashed by nearly ...

Suzuki to use cow dung for its CNG cars, signs MoU with National Dairy Development Board

New Delhi [India], January 28 (ANI): India's largest car manufacturer company Suzuki Motor Corporation (SMC) has announced that it will ...

Sam Ryder clings to Farmers lead as Jon Rahm charges into second

Sam Ryder maintained the lead at the Farmers Insurance Open and drew one step closer to winning on the PGA ...

Xi's authoritarian rule worries China's wealthy, several immigrate overseas

Beijing [China], January 28 (ANI): Xi Jinping's authoritarian rule in China has become a cause of worry for the business ...

Congress calls for probe after report raises concerns on shares of Adani Group

New Delhi [India], January 28 (ANI): The Congress on Friday called for an investigation after a US-based research firm in ...

EU has second thoughts on duty-free food from Ukraine media

The bloc claims that the influx of goods from the country undermines regional tradeThe European Commission (EC) may reconsider its ...

China's box office makes strong comeback over holiday

© Provided by Xinhua by Zhang YunlongBEIJING, Jan. 27 (Xinhua) -- After enduring the negative impact of COVID-19, China's cinemas ...

Interest rates nearing peaks but major central banks will delay monetary policy easing: Report

New Delhi [India], January 27 (ANI): Key policy interest rates are nearing their peaks globally but major central banks will ...

Russian billionaire's role in Moscow-Kiev talks reduced WSJ

Roman Abramovich remains a mediator between the two warring countries, the news outlet claimsRussian oligarch Roman Abramovich has seen his ...

Indian stocks fall sharply weighed by bank indices; Sensex down 874 points

New Delhi [India], January 27 (ANI): Indian stock indices plummeted sharply during Friday's trade weighed largely due to a significant ...

IIT Guwahati identifies research priorities contributing to green, sustainable growth

Guwahati (Assam) [India], January 27 (ANI): Researchers at the Indian Institute of Technology Guwahati have said that they are in ...

How Will We Know if the US Economy Is in a Recession

WASHINGTON (AP) - The second consecutive quarter of economic growth that the government reported Thursday underscored that the nation isn't ...

EU claims to have found way to access frozen Russian funds Bloomberg

Brussels reportedly wants to use the seized assets to rebuild UkraineThe European Union has told member states that it has ...

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Who can visit Russia WITHOUT a VISA in 2023

Residents of some 25 countries enjoy a visa-free regime with Russia. The Commonwealth of Independent States (CIS)Citizens of most of ...

Australia sweat over fitness of Green, Starc ahead of Border-Gavaskar Trophy

Sydney [Australia], January 29 (ANI): Australia all-rounder Cameron Green might come up short on his bowling fitness as he eyes ...

Hundreds Pay Tribute to Slain Eswatini Political Activist

Manzini, Eswatini - Hundreds of people, including foreign diplomats and activists, paid homage Saturday to a human rights lawyer who ...

Jacques Kallis, Brett Lee, Ross Taylor confirm participation for LLC Masters

New Delhi [India], January 28 (ANI): Legendary South African all-rounder Jacques Kallis, former New Zealand batter Ross Taylor, Australian pace ...

Was overcome with emotions, been a turbulent few months, England's Jason Roy after ton against South Africa

Bloemfontein [South Africa], January 28 (ANI): England batter Jason Roy admitted on Saturday that he was overcome with emotions after ...

India thrash South Africa 5-2 in classification match, finish ninth in Men's Hockey World Cup

Rourkela (Odisha) [India], January 28 (ANI): Skipper Harmanpreet Singh, Akashdeep, Shamsher Singh were among the goal scorers as India thrashed ...

Featured story

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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