Thu, 19 May 2022

U.S. stocks shatter, Dow Jones industrials drop more than 1,000 points

NEW YORK, New York - Soaring prices have taken their toll on U.S. retailer Target which reported first-quarter profit had ...

Working together, Spain, Portugal set plan to control gas prices

MADRID, Spain: In a coordinated move last week, Spain and Portugal approved a temporary cap on natural gas prices.The move ...

Emirates lost $1 billion, says that's an 80 percent improvement

DUBAI, United Arab Emirates: Emirates Air, one of the world's largest airlines, said it lost $1.1 billion over the past ...

Bargain-hunting drives Wall Street higher, Nasdaq climbs 322 points

NEW YORK, New York - Bargain-hunters drove up the prices of stocks on U.S. markets on Tuesday."Our inputs today support ...

Indian ban on wheat exports expected to hike prices worldwide

NEW DELHI, India: India has banned the exporting of wheat, despite stating it was targeting record international shipments this year, ...

High import taxes prevent Tesla from selling cars in India

NEW DELHI, India: Tesla made known this week that it will not sell electric automobiles in India due to the ...

Hang Seng jumps sharply on possible China move to relax tech reform

SYDNEY, NSW, Australia - A potential easing of the Chinese government's crackdown on technology companies drove stocks in Hong Kong ...

Nepal to get free 21.9% of 490mw electricity every month

KATHMANDU, Nepal - The governments of Nepal and India have signed a bilateral memorandum of understanding for the construction of ...

Kia reports second most electric car sales in US, Ford close behind

LOS ANGELES, California: Kia has become the second largest manufacturer of electric vehicles sold in the United States, second only ...

U.S. stock markets undermined by weak Chinese data

NEW YORK, New York - Weak economic news out of China undermined stocks on Wall Street on Monday. The major ...

Braking problems cause Mercedes-Benz to issue do-not-drive order

ATLANTA, Georgia: Mercedes-Benz USA has requested drivers to stop driving some of their autos immediately due to braking problems.The announcement ...

U.S. dollar reaches all-time high in Pakistan, crosses Rs194 in interbank trade

KARACHI, Pakistan - The U.S. dollar climbed past Rs194 in the interbank market in Pakistan on Monday as analysts expressed ...

Three bidders weigh purchasing Italy's state-owned ITA Airways

ROME, Italy: Italy has announced plans to sell state-owned ITA Airways, the successor to Alitalia, by the end of June, ...

Stocks in Asia range-bound as markets contemplate next move

SYDNEY, NSW, Australia - Stocks struggled for direction in Asia on Monday. Early gains evaporated later in the data, although ...

China's Green Valley ends Alzheimer's drug test due to funding

BEIJING, China: China's Green Valley Pharmaceutical company has prematurely ended an FDA approved study on its GV-971 to treat mild ...

GM, union raise wages 8.5% at Mexico truck factory

SILAO, Mexico: U.S. automaker General Motors (GM) has agreed to raise wages by 8.5 percent, following negotiations with a new, ...

Croatia passes law paving way for switch to euro currency

ZAGREB, Croatia: Croatian lawmakers have voted to allow the introduction of the euro currency in 2023. Lawmakers voted 117-13 to ...

After jump in food prices, Iran cuts off internet to prevent protests

TEHRAN, Iran: Iran has abruptly raised prices as much as 300 percent for a variety of staple foods, including cooking ...

Weekly May inflation reported at 0.12 percent in Russia

MOSCOW, Russia: Russia's weekly inflation rate has further eased after surging soon after Moscow began its invasion in Ukraine on ...

Toyota to build EV, hybrid parts hub in India

NEW DELHI, India: A senior company executive has told Reuters that Toyota is planning to make India a manufacturing hub ...

Reporter Kelsey Wingert recovering after being struck by liner

Denver-area ATT Sportsnet reporter Kelsey Wingert said Wednesday that she is recovering after being struck in the head by a ...

Jailing of Georgian Media Owner Sends 'Bad Message'

The jailing of a politician turned media owner sends a 'bad message' from Georgia about the country's commitment to press ...

US Stocks Fall Sharply on Renewed Inflation Fears

New York - Stocks closed sharply lower Wednesday on Wall Street as dismal results from Target renewed fears that inflation ...

EU unveils energy rationing plan

The European Commission will encourage rationing and make solar panels mandatory in the move away from Russian energyEuropean Commission President ...

Can Africa replace Russia as the EU's main source of gas

If such a move were easy, it would have been attempted a long time ago.In 2021, Russia supplied about 45% ...

Golf Glance: All eyes on PGA Championship at Southern Hills

Field Level Media's Golf Glance provides weekly news and storylines from each of the major North American golf tours. PGA ...

Traditional Chinese wisdom inspires new approach to energy efficiency

© Provided by Xinhua Denmark, one of the world's most energy-efficient countries, should join forces with China, a global leader ...

Pakistan engages in talks with IMF over economic crunch

Islamabad [Pakistan], May 18 (ANI): Battling an acute economic crunch, the Pakistan government has begun engaging in talks with the ...

How the metaverse could change the purpose and feel of cities

Several companies, including Apple and Microsoft, are betting that the world of tomorrow will, at least in part, be carried ...

US investigators indicate intentional crash of China Eastern Airlines flight: Report

Washington [US], May 18 (ANI): Black box data recovered from a China Eastern Airlines flight that crashed a month ago, ...

IndiGo appoints Pieter Elbers Chief Executive Officer, Rono Dutta to retire

New Delhi [India], May 18 (ANI): The Board of Directors of InterGlobe Aviation Limited (IndiGo) appointed Pieter Elbers as Chief ...

Zimbabwe Urges Sale of Stockpile of Seized Elephant Ivory

Harare - Zimbabwe is seeking international support to be allowed to sell its stockpile of seized ivory, saying the $600 ...

U.S. pecan grower wants to see tariffs removed

© Provided by Xinhua "We're working really diligently and trying to get our people, our government, the people that we ...

Chitra Ramkrishna moves bail plea in Delhi HC in NSE co-location case, Judge recuses

New Delhi [India], May 18 (ANI): In National Stock Exchange (NSE) co-location case, Chitra Ramkrishna former managing director (MD) and ...

Sensex snaps 2-day gaining streak, closes 110 points down

Mumbai (Maharashtra) [India], May 18 (ANI): Snapping two days of gaining streak, the Indian stock markets' benchmark Sensex closed 110 ...

Matthew Mott appointed as England men's white-ball head coach

London [UK], May 18 (ANI): The England and Wales Cricket Board (ECB) on Wednesday announced that it has appointed Matthew ...

BitMEX launches Spot Exchange as it looks to expand product offering for retail users

Mumbai (Maharashtra) [India], May 18 (ANI/PR Newswire): BitMEX, one of the world's largest crypto trading platforms, has announced the launch ...

Global Chamber of Business Leaders launches in India, Vertex Group Founder - Gagan Arora, Delegate - India to strategize growth

Zurich [Switzerland], May 18 (ANI/NewsVoir): The Global Chamber of Business Leaders expands its global footprints and announces the commencement of ...

Germany proposes seizing Russian state assets

Western nations must isolate Moscow both politically and economically, Finance Minister Christian Lindner saidWestern nations should seize the foreign assets ...

IIT Alumni Council invites startups to join the next generation banking platform under the MegaFund initiative

New Delhi [India], May 18 (ANI/PRNewswire): IIT Alumni Council invites applications from banking and fintech start-ups to be part of ...

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Popularity of Indonesian president sinks due to price rises

JAKARTA, Indonesia: A new poll released this week indicated that Indonesian President Joko Widodo's approval rating has hit a six-year ...

Tourist bus in Indonesia strikes billboard, 14 dead

EAST JAVA, Indonesia: A tourist bus crashed into a billboard on a highway on Indonesia's main island of Java this ...

Schools, restaurants in Belgrade evacuated following bomb threats

BELGRADE, Serbia: Belgrade was paralyzed this week by a series of bomb threats, including against schools, bridges, restaurants and a ...

Jeff Bezos tells Biden that inflation most hurts poor

WASHINGTON D.C.: In a tweet this week, Amazon founder Jeff Bezos criticized President Joe Biden for the second time in ...

As food prices rise, Iranians take to the streets to protest

TEHRAN, Iran: According to social media posts, protests that began last week across Iran over a reduction in state subsidies ...

China lashes US for change on website supporting Taiwan independence

BEIJING, China: China's Foreign Ministry rebuked the U.S. for changing the wording about Taiwan on the State Department website, stressing ...

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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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