Tue, 24 May 2022

Michigan baby formula plant to reopen in face of ongoing shortages

WASHINGTON D.C.: Following baby formula shortages throughout the United States, FDA Commissioner Robert Califf has said that Abbott Laboratories and ...

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 ...

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 ...

US Stocks Gain Ground Following 7 Straight Weeks of Losses

NEW YORK - Stocks rallied in afternoon trading on Wall Street Monday, following seven weeks of declines that nearly ended ...

China: Xi's crackdown on capital market troubles big businesses

Beijing [China], May 23 (ANI): As Chinese President Xi Jinping seeks a historic third term in power, it is expected ...

Sri Lankan economy may take time to revive, vicious trap called 'Chinese Loans' holds it tight

Colombo [Sri Lanka], May 23 (ANI): The failure of Sri Lanka's economy due to faulty economic planning bore fruit for ...

Small businesses lose confidence in U.S. economy: WSJ

© Provided by Xinhua WASHINGTON, May 23 (Xinhua) -- Small business confidence in the U.S. economy has been on the ...

PM Modi invites greater participation by Japanese companies in India, proposes 'Japan Week'

Tokyo [Japan], May 23 (ANI): Prime Minister Narendra Modi on Monday invited greater participation by Japanese companies in India and ...

Five facts about the gruesome beauty of solitary wasps

Most people recognise a wasp as those stripy insects who ruin our summer picnics. They live in huge societies, much ...

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 ...

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 ...

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 ...

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 ...

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US House Speaker Pelosi banned from communion over abortion views

SAN FRANCISCO, California: In a letter released this week, the archbishop of San Francisco, Salvatore Cordileone, said U.S. House Speaker ...

Tornado hits western German city; dozens injured, 2 dead

BERLIN, Germany: At least 43 people were injured after a tornado struck the western German city of Paderborn on May ...

American arrested, Chinese officials charged with spying in US

WASHINGTON D.C.: The Department of Justice has said that an American citizen and four Chinese intelligence officers have been charged ...

To help US businesses, 35,000 foreign workers to be taken in

WASHINGTON D.C.: Due to the inability of businesses to hire enough workers, the U.S. has announced that it will grant ...

US Senate to vote on resolution urging probe of beef price fixing

WASHINGTON D.C.: U.S. senators Elizabeth Warren and Mike Rounds have introduced a bipartisan resolution requesting the Federal Trade Commission (FTC) ...

Strain of Ukraine war causes Russian defense spending to increase 40%

MOSCOW, Russia: According to preliminary data released by the finance ministry this week, almost three months after Moscow's invasion of ...

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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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