Mon, 26 Sep 2022

1.1 million Teslas in U.S. recalled for software update

AUSTIN, Texas: Due to increased risks caused by a fault in its automatic window reversal system, electric vehicle maker Tesla ...

Surging costs to result in vegetable shortages, says EU farmers

PARIS, France: Throughout northern and western Europe, vegetable producers are considering not planting crops due to the financial effects of ...

Asian Development Bank cuts Asia growth forecast

MANILA, Philippines: Amidst increased central bank monetary tightening, Russia's invasion of Ukraine and COVID-19 lockdowns in China, the Asian Development ...

Stock falls after Gap cuts 500 corporate jobs

SAN FRANCISCO, California: Amidst declining margins and weak sales of outdated clothes of its brands, including Old Navy and Banana ...

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 ...

Worst bond market crash in over 70 years coming Bloomberg

The central banks? aggressive interest rate hikes could cause a heavy selloff, strategists reportedly warnGlobal government bonds are on course ...

Sensex slumps 954 points tracking weakness in global equities

Mumbai (Maharashtra) [India], September 26 (ANI): The Indian stock market's key indices, Sensex and Nifty, slumped by nearly two per ...

Russian methanol industry shutting down media

The vital chemical is falling victim to Western sanctions, Kommersant daily reportsMethanol output in Russia has fallen to minimum levels ...

Oil prices slump on recession fears

Brent benchmark has fallen to its lowest since January 14Oil prices were on a downslide on Monday, falling to their ...

Crypto firm Voyager's CFO resigns months after company filed bankruptcy

New Delhi [India], September 26 (ANI): The Chief Financial Officer (CFO) of US-based crypto platform Voyager Digital, Ashwin Prithipaul, has ...

Tax Cut Plans Pull British Pound to 4 Decade Lows

London - The British pound has resumed a slide against the U.S. dollar that picked up pace last week after ...

Sensex, Nifty slump tracking weakness in global equities

Mumbai (Maharashtra) [India], September 26 (ANI): The Indian stock market's key indices, Sensex and Nifty, were trading with a loss ...

Meloni's right-wing bloc wins Italian election

The Brothers of Italy leader is on course to become the first female prime minister in the country's historyThe right-wing ...

Bandaru Wilsonbabu appointed as Indian Ambassador to Madagascar

New Delhi [India], September 26 (ANI): Bandaru Wilsonbabu, presently Joint Secretary in the Ministry of External Affairs (MEA), has been ...

Slump in Indian stocks continues over monetary policy tightening risks

New Delhi [India], September 26 (ANI): Indian stocks extended their losses from the previous week and declined further on Monday ...

Italy Voters Shift Sharply, Reward Meloni's Far-Right Party

rome - Italian voters rewarded Giorgia Meloni's euroskeptic party with neo-fascist roots, propelling the country toward what likely would be ...

Xi prepares to extend his reign at 20th Party Congress

Hong Kong, September 26 (ANI): Next month, Chairman Xi Jinping will extend his term in power for another five years, ...

No let-up in Rupee depreciation; touches another lifetime low

New Delhi [India], September 26 (ANI): Continuing with the depreciation, Rupee slipped further from the past week's low and hit ...

India among leaders in green jobs generation, creates employment for 8.63 lakh in 2021

New Delhi [India], September 26 (ANI): The number of countries participating in the renewable energy market is increasing but most ...

China uses clever tactics of African countries' loan waiver to change its image

Beijing [China], September 25 (ANI): After eyebrows were raised on China's debt trap policy under its Belt Road Initiative (BRI), ...

Markets monitor RBI MPC meet; rupee downtrend likely to continue

New Delhi [India], September 25 (ANI): Markets fell for a second consecutive week while rupee's decline versus dollar put pressure ...

Imran Khan bats for merit-based appointment of Pakistan's new army chief

Khyber Pakhtunkhwa [Pakistan], September 25 (ANI): Former Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Sunday supported the ...

Lack of standardisation of fees, quota are some reasons behind exodus of medical students: Report

New Delhi [India], September 25 (ANI): A report on medical education said various issues, such as lack of standardisation of ...

Italians Vote in Election That Could Take Far-Right to Power

Rome - The Italians voted Sunday in an election that could move the country's politics sharply toward the right during ...

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Sukesh's meeting with actresses Nikki, Sophia in jail recreated by EOW

New Delhi [India], September 26 (ANI): As a part of the investigation in the Rs 200 crore scam case involving ...

Publicity stunt? Neha Kakkar, Falguni Pathak come together on 'Indian Idol' amid war over 'Maine Payal Hai Chhankai' remake

Mumbai (Maharashtra) [India], September 26 (ANI): Amid war over recreating the iconic song 'Maine Payal Hai Chhankai', seems like all ...

Suriya42: Makers of Suriya, Disha Patani-starrer urge people not to leak on-set pictures, videos

New Delhi [India], September 26 (ANI): Actors Suriya and Disha Patani are in Goa for the shoot of their upcoming ...

Akshay Kumar's next action adventure film 'Ram Setu' teaser out now

New Delhi [India], September 26 (ANI): Makers of the upcoming action-adventure 'Ram Setu' on Sunday unveiled the teaser of the ...

'Vikram Vedha' title track 'Bande' out now

New Delhi [India], September 26 (ANI): Makers of the upcoming action thriller film 'Vikram Vedha' unveiled the title track 'Bande' ...

Bollywood actor Jacqueline Fernandez gets interim bail from Delhi court in ED case

New Delhi [India], September 26 (ANI): Bollywood actor Jacqueline Fernandez on Monday got interim bail from the Patiala House Court. ...

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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