Sat, 02 Jul 2022

Asian stocks shunned by investors, Nikkei 225 loses 457 points

SYDNEY, NSW, Australia - Stocks in Asia skidded lower Friday with all the major indices recording solid losses."Capitulation is the ...

Islamabad considers importing oil from Russia

ISLAMABAD, Pakistan - Given the country's ongoing economic crisis and acute fuel shortage, the Pakistan government is considering purchasing oil ...

High pressure fracking again being used by US oil companies

WASHINGTON, D.C.: Amidst the rise of "re-fracs" in the U.S. as part of the efforts to boost domestic oil production, ...

Stocks in Asia in retreat, Australian All Ordinaries loses nearly 2 percent

SYDNEY, NSW, Australia - Stocks in Asia traded sharply lower on Thursday, following on from major falls on Wall Street ...

Unable to staff airports, Germany to bring in foreign workers

BERLIN, Germany: A German Interior Ministry spokesperson has said that in a bid to relieve airports overwhelmed by staff shortages ...

France expects to reopen coal-fired power plant in Lorraine

PARIS, France: In a written statement made this week confirming a report from broadcaster RTL, France's energy ministry said the ...

U.S. stock markets struggle, dollar makes sudden jump higher

NEW YORK, New York - Wall Street struggled to find its footing on Wednesday after Fed chief Jerome Powell vowed ...

US farms planting unplanned crops due to chemical shortages

WASHINGTON D.C.: Due to persistent shortages of agricultural chemicals that threaten yields, U.S. farmers have cut back on using common ...

Northrop, Raytheon to build missile to shoot down hypersonic weapons

WASHINGTON D.C.: Raytheon Technologies and Northrop Grumman have won U.S. contracts to develop missiles to intercept hypersonic weapons.The decision means ...

Investors pull plug on share markets in Asia, Nikkei 225 falls 245 points

NEW YORK, New York - Stocks in Asia fell sharply on Wednesday following large falls on Wall Street blamed on ...

Expect Indian inflation over 6%, says Reserve Bank of India deputy

NEW DELHI, India: Reserve Bank of India (RBI) deputy governor Michael Patra says India's retail inflation is likely to breach ...

US airports saw 2.45 million air passengers on June 24

WASHINGTON D.C.: Despite weather and staffing issues resulting in travel disruptions, last week the U.S. Transportation Security Administration (TSA) screened ...

Nasdaq slumps nearly 3 percent in U.S. stocks sell-off

NEW YORK, New York - Disappointing economic data put an end to Wall Street's recent rally Tuesday, with all indices ...

UK body to recommend 4 to 5% pay raise for healthcare workers

LONDON, England: According to a report in the UK's Guardian newspaper, a government advisory agency, the National Health Service Pay ...

Asian stock markets gain on Chinese government move

SYDNEY, NSW, Australia - Stocks in Asia rose on Tuesday after China announced it would halve quarantine from 14 days ...

British consumers shop less as inflation reaches record highs

LONDON, England: As prices in stores throughout Britain rise, British consumers shopped less in May and also expressed less confidence ...

As first in US, driverless taxis picking up customers in San Francisco

SAN FRANCISCO, California: General Motors' self-driving Cruise division has begun charging fares for driverless rides in San Francisco.Earlier this month, ...

Wall Street wobbles, all major indices slide, Dow drops 62 points

NEW YORK, New York - The euphoria on Wall Street of late last week was absent on Monday as all ...

May sees 10.7% surge in US home sales

WASHINGTON D.C.: In May, sales of new U.S. single-family homes unexpectedly increased, but this is expected to be temporary, as ...

Pay dispute forces British Airways' staff to OK strike vote

LONDON, England: British Airways' staff at London's Heathrow airport has voted to strike due to pay disputes. Amidst an already ...

Stocks in Asia on the rise, Nikkei 225 jumps 379 points

SYDNEY, NSW, Australia - Stocks across Asia rose on Monday, in a positive start to the week.The U.S. dollar was ...

Toyota reduces July global production goal by 50,000 vehicles

TOKYO, Japan: Amidst semiconductor shortages and COVID-19 parts supply disruptions, Toyota has reduced its July global production target by 50,000 ...

German energy giant seeks government bailout Reuters

Uniper took a financial hit due to reduced gas supplies from Russia, according to media reportsGerman energy major Uniper is ...

Highest in over 13 years, inflation in Pakistan rises to 21.32 pc

Islamabad [Pakistan], July 1 (ANI): Inflation in Pakistan increased to 21.32 per cent in the month of June, the highest ...

Germany angry over Kaliningrad blockade media

Berlin is reportedly demanding that Lithuania allow the transit of sanctioned goods through its territory to the Russian exclaveThe German ...

Lena Headey sued by former agency for USD 1.5 million over unpaid commission fees

Washington [US], July 1 (ANI): British actor Lena Headey of 'Game of Thrones' fame has been sued for USD 1.5 ...

Consumer spending slows as Americans reel from record high prices

© Provided by Xinhua - The worst inflation in 40 years and record-high gasoline prices have made Americans more careful ...

Indian equity indices start new month on negative note

New Delhi [India], July 1 (ANI): Indian equity indices started the fresh month of July on a negative note amid ...

Vaccines, FTAs help boost Cambodia's economic recovery: World Bank

© Provided by Xinhua Cambodia's total exports rose 34.5 percent year-on-year during the January-May period this year, and traditional growth ...

Karot Hydropower Plant put into full commercial operation in Pakistan

© Provided by Xinhua Located 55 km away from Islamabad, the Karot Hydropower Plant is constructed by the China Three ...

U.S. Fed's closely watched inflation measure surges in May

© Provided by Xinhua The PCE index grew by 0.6 percent in May from the previous month, and personal income ...

RBI releases the Financial Stability Report, June 2022

New Delhi [India], June 30 (ANI): Reserve Bank of India (RBI) released the 25th issue of the Financial Stability Report ...

2.2 million people in US live without access to running water, basic plumbing: Report

New York [US], June 30 (ANI/Xinhua): Obtaining running water at home is a struggle for many people in the United ...

Recession in US and EU more likely than not analyst

Major Western economies should expect a significant growth slowdown, according to investment firm PIMCOThe US will "more likely than not" ...

Biden makes gasoline prices endurance vow

Average prices at pumps across the country have reached a record $5 per gallonThe US will bear high gasoline prices ...

US Supreme Court Limits EPA in Curbing Power Plant Emissions

In a blow to the fight against climate change, the Supreme Court on Thursday limited how the nation's main anti-air ...

Cricket South Africa appoints Thabiso Enoch Nkwe as Director of Cricket

Johannesburg [South Africa], June 30 (ANI): Cricket South Africa (CSA) on Thursday announced the appointment of Thabiso Enoch Nkwe as ...

Cryptocurrencies are a clear danger, need to guard against any disruption to financial stability: RBI Governor

Mumbai (Maharashtra) [India], June 30 (ANI): Cryptocurrencies are a clear danger and anything that derives value based on make-believe, without ...

IMF reaffirms support to debt-ridden Sri Lanka

Colombo [Sri Lanka], June 30 (ANI): The International Monetary Fund (IMF) on Thursday reaffirmed its support to Sri Lanka which ...

Macroeconomic imbalances likely to affect Pakistan's growth prospects

Islamabad [Pakistan], June 30 (ANI): Pakistan achieved economic growth of 5.97 per cent in FY2022, but the underlying macroeconomic imbalances ...

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Shanghai Disney opens gates after city ends Covid lockdowns

SHANGHAI, China: Walt Disney Company reopened Shanghai Disneyland on 30th June, one month after the city lifted a two month ...

Asian stocks shunned by investors, Nikkei 225 loses 457 points

SYDNEY, NSW, Australia - Stocks in Asia skidded lower Friday with all the major indices recording solid losses."Capitulation is the ...

Islamabad considers importing oil from Russia

ISLAMABAD, Pakistan - Given the country's ongoing economic crisis and acute fuel shortage, the Pakistan government is considering purchasing oil ...

High pressure fracking again being used by US oil companies

WASHINGTON, D.C.: Amidst the rise of "re-fracs" in the U.S. as part of the efforts to boost domestic oil production, ...

Stocks in Asia in retreat, Australian All Ordinaries loses nearly 2 percent

SYDNEY, NSW, Australia - Stocks in Asia traded sharply lower on Thursday, following on from major falls on Wall Street ...

Unable to staff airports, Germany to bring in foreign workers

BERLIN, Germany: A German Interior Ministry spokesperson has said that in a bid to relieve airports overwhelmed by staff shortages ...

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Tigerland [DVD]

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Abbott Ireland announces expansion plans, new jobs

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