Fri, 17 Sep 2021

Britain's inflation up 3.2 percent, greatest jump on record

LONDON, England: August saw inflation rates in the U.K. soaring to the highest-ever recorded rate, official figures show.Inflation rose to ...

South Korea fines Google $177M for antitrust violations

SEOUL, South Korea: In what could be one of South Korea's largest-ever antitrust cases, Google has been fined at least ...

Rise in retail sales in August fails to lift U.S. stocks

NEW YORK, New York - Strong economic data failed to boost Wall Street Thursday.Stocks meandered in and out of positive ...

Predatory lending targeted in Indiana

INDIANAPOLIS, Indiana -- A new coalition is forming to push back against predatory lending and urge state lawmakers to take ...

Food delivery companies sue New York City over commission caps

NEW YORK CITY, New York: DoorDash, Grubhub and Uber Eats filed a lawsuit in a New York federal court on ...

Hang Seng dive puts skids under Asian stocks

SYDNEY, NSW, Australia - Shares in Hong Kong tumbled again on Thursday, dragging most of the Asian region's bourses down.The ...

Confederation of British Industry calls for lower taxes

LONDON, England: The Confederation of British Industry (CBI) has urged the UK Chancellor of the Exchequer, Rishi Sunak, to stop ...

Australia halt Qantas-Japan Airlines flight sharing

SYDNEY, Australia: Citing competition concerns as international travel is soon to resume, the Australian Competition and Consumer Commission (ACCC) has ...

Solid gains on Wall Street, Nasdaq punches out 124 points advance

NEW YORK, New York - Wall Street went against the global trend on Wednesday with all stock indices making solid ...

Ireland government calls for building 33,000 new homes per year

DUBLIN, Ireland: The Irish government has announced a multibillion dollar plan to resolve the nation's ongoing housing crisis, which has ...

Greek PM announces surprise economic growth of 5.9% in 2021

ATHENS, Greece: Greek Prime Minister Kyriakos Mitsotakis said on Saturday that the nation's economy is predicted to grow by 5.9 ...

Chips down in Hong Kong as Macau's casinos take beating

SYDNEY, NSW, Australia - Shares in Hong Kong tumbled on Wednesday as casino stocks were sold heavily on the back ...

Marks & Spencer rumored to weigh closing French stores

LONDON, England: As new trade rules following Britain's departure from the European Union continue to impact product availability in stores, ...

U.S. House stops opening of copper mine after residents complain

WASHINGTON D.C.: A United States House of Representatives committee has stopped all work at Rio Tinto Limited's Resolution copper mine ...

U.S. stocks cascade lower, Dow Jones drops 292 points.

NEW YORK, New York - A less-than-expected CPI jump in August failed to lift U.S. markets on Tuesday."We're in a ...

U.S. court rules to limit some Apple App Store rules

SAN FRANCISCO, California: In a partial win for Epic Games, creator of "Fortnite," and other app makers, U.S. District Judge ...

Democrats seek to up tax incentive for buying union-made EVs

WASHINGTON, D.C.: Toyota and Honda have sharply criticized a proposal in Congress that would provide a $4,500 tax incentive for ...

Japanese investors continue to bid up stocks

SYDNEY, NSW, Australia - There is no stopping the rally in stocks in Japan at present. Despite the slashing of ...

Amazon to open 2 Whole Foods stores with no cashiers and no cash

SEATTLE, Washington: Amazon, which owns grocery chain Whole Foods, said it will open two cashier-less stores, enabling customers to shop ...

Sales of Illinois sports license plates brings in $13M for schools

SPRINGFIELD, Illinois: The state of Illinois has contributed $13 million to its public schools from the sale of specialty license ...

U.S. stocks struggle but Dow and Standard and Poor's 500 eke out gains

NEW YORK, New York - It was a mixed environment for U.S. stocks on Monday, with the Dow Jones registering ...

In bid to recruit, retain staff, Amazon to pay college tuitions

SEATTLE, Washington: Amazon will pay for the college tuition of its staff members, the company announced this week.Tuition payments will ...

Wells Fargo must pay new $250 mln fine for not compensating customers

WASHINGTON, D.C.: Wells Fargo was fined $250 million and is facing restrictions on its business after it failed to adequately ...

Japanese stock markets extend week-long rally

SYDNEY, NSW, Australia - Stocks in Asia kicked off the week in an upward trajectory on Monday, although Hong Kong's ...

In spite of Covid, German industrial production increased in July

BERLIN, Germany: After three consecutive months of declines caused by supply chain issues, German industrial production increased in July, according ...

San Diego Electric commits fraud in bulb program, fined $57M

SAN DIEGO, California: San Diego Gas and Electric has agreed to refund $51.6 million to consumers and pay a $5.5 ...

U.S to make decision on allowing sales of e-cigarettes

WASHINGTON D.C.: The U.S. Food and Drug Administration will take more time to evaluate whether e-cigarette maker Juul Labs and ...

Meat industry rejects White House blame for rise in consumer prices

WASHINGTON D.C.: The White House is seeking to toughen its approach toward meat packaging firms, which it believes are responsible ...

Microsoft to release Office 2021 in October

Washington [US], September 17 (ANI): American tech giant Microsoft has launched its next perpetual version of Microsoft Office for commercial ...

Fitch downgrades global GDP forecast due to pandemic-related setbacks

Fitch Ratings has trimmed its outlook for global economic recovery for 2021, citing supply-chain disruptions caused by the Covid-19 pandemic ...

China officially applies to join Asia-Pacific free-trade pact

The world's second-largest economy, China, has filed an application to enter the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), ...

South East Asia's first open transfer platform launched

Jakarta [Indonesia]/ New Delhi [India], September 17 (ANI/PRNewswire):It is designed to bring new online orders and instant payments for Indonesian ...

Rising inflation: unless we act now, it will not be temporary

Consumer price inflation in the UK rose by 3.2% year on year in August, the highest annual rise in nearly ...

AUKUS: is an arms race with China the price of 'Global Britain'?

A new military alliance between the US, Australia and the UK will, for the first time, provide Australia with nuclear-powered ...

China submits application to joint TPP trade deal: Report

Beijing [China], September 16 (ANI): China has submitted an application to become a member of the Trans-Pacific Partnership (TPP) free ...

Urgent need for strengthening of bond market: SEBI

New Delhi [India], September 16 (ANI): Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi on Thursday emphasised the ...

NARCL to acquire stressed assets in phases

New Delhi [India], September 16 (ANI): Union Cabinet approved the Central Government guarantee of Rs 30,600 crore to back Security ...

India's biggest coding competition for women TechGig Geek

New Delhi [India], September 16 (ANI/TechGig): No truer words have been spoken than Michelle Obama's remark that "there is no ...

EU adopts strategy for cooperation in Indo-Pacific

By By Naveen KapoorBrussels [Belgium] September 16 (ANI): European Commission and the High Representative on Thursday adopted a Joint Communication ...

EZ Ranking helps businesses get established

New Delhi [India], September 16 (ANI/India PR Distribution): EZ Ranking is a leading and pioneer digital marketing and SEO agency ...

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First SpaceX tourist flight begins 3 day journey

CAPE CANAVERAL, Florida: A rocket carrying four tourists and no professional astronauts on board blasted off into Earth orbit on ...

U.S. study finds Covid vaccine prevents hospitalizations, deaths

WASHINGTON D.C.: COVID-19 vaccines are highly effective in preventing hospitalizations and deaths, even against the highly contagious Delta variant, according ...

Kuwaiti Sheikh faces prison in Swiss forgery case

GENEVA, Switzerland: Sheikh Ahmad Al-Fahad Al-Sabah, a member of Kuwait's ruling family and former Organization of the Petroleum Exporting Countries ...

Trees down, 30,000 without electricity in Canada after hurricane

ST. JOHN'S, Newfoundland: Hurricane Larry made landfall as a Category 1 storm on the southern coast of Newfoundland on Canada's ...

With Covid cases rising, Queensland eyes COVID-19 locking down

Brisbane, Queensland: On Saturday, Queensland, Australia's third most populous state, said it could order a snap lockdown after recording several ...

S. Korea's submarine-launched ballistic missile called 'game-changer'

SEOUL, South Korea: Described by analysts as a "game-changing" move, South Korea has developed a conventional submarine-launched ballistic missile (SLBM) ...

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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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