Mon, 26 Sep 2022

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SAN FRANCISCO, California: Amidst declining margins and weak sales of outdated clothes of its brands, including Old Navy and Banana ...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

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 ...

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 ...

Hong Kong stocks stumble to lowest since 2011

Hong Kong, September 25 (ANI): Hong Kong stocks sank to the lowest since 2011 as the increased rate dented market ...

Indian health solutions provider bags award in United States

Washington [US], September 25 (ANI): India-based health solutions provider SAMRIDH Blended Finance Facility has been declared the winner of the ...

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 ...

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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 ...

Broncos creep past 49ers in low-scoring affair

Melvin Gordon ran for a touchdown, Russell Wilson was 20-for-33 passing for 184 yards and the host Denver Broncos beat ...

NFL roundup: Packers top Bucs in possible final Rodgers-Brady matchup

Aaron Rodgers won what might be his final matchup with fellow legendary quarterback Tom Brady, throwing for 255 yards and ...

Manny Machado helps Padres torch Rockies

Manny Machado, Brandon Drury and Wil Myers homered and finished with two hits apiece, Ha-Seong Kim had three hits, and ...

Rockies' Kris Bryant (foot) won't return this season

Kris Bryant's first season with the Colorado Rockies is done after just 42 games. Bryant told MLB.com that ailments with ...

Mets' Max Scherzer makes rare start in Oakland

Right-hander Max Scherzer will make a rare appearance at one of the many sites of his postseason success when he ...

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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