Fri, 27 Jan 2023

Recession fears fade as investors weigh into U.S. stocks

NEW YORK, New York - Recession fears faded on Wall Street Thursday as annualized 4th quarter GDP (gross domestic product) ...

Officials cautious as lower mortgage rates increases home buying

WASHINGTON D.C.: In December 2022, US existing home sales declined to a 12-year low, but lower mortgage rates raised cautious ...

South Korean exports fall 2.7% in first 20 days in January

SEOUL, South Korea: Korea Customs Service data released this week showed that South Korean exports for the first 20 days ...

Virginia expects 1,000 jobs as Amazon builds cloud computing center

SEATTLE, Washington: Amazon.com's cloud services division, Amazon Web Services (AWS), has announced that it will expand its data centers in ...

U.S. stocks faint after bull goes into hiding

NEW YORK, New York - U.S. stocks crumbled on Wednesday as the extended rally on Wall Street came to an ...

Ireland had highest EU budget surplus in third quarter 2022

DUBLIN, Ireland: Ireland reported a higher budget surplus than any other country among the 27-member European Union for the third ...

As yearly output declines, experts say US manufacturing in recession

WASHINGTON D.C.: Based on a range of measurements, US manufacturing could have entered a recession in the fourth quarter of ...

UK's National Grid to pay people to use less power during cold snap

LONDON, England: As part of a new scheme called the Demand Flexibility Service, Britain's National Grid said customers would receive ...

US Wolfspeed to build $2.17 billion chip factory in Germany

FRANKFURT, Germany: German media has reported that American power chipmaker Wolfspeed Inc is planning to build a factory in Germany, ...

U.S. stocks struggle after trading ditch, Dow Jones however breaks into black

NEW YORK, New York - Stocks in the United States were mixed on Tuesday after an interesting day which saw ...

Report sees $1.36 billion in spending during Thai Lunar New Year

BANGKOK, Thailand: Consumer spending in Thailand over the ongoing Lunar New Year period could increase 13.6 percent to $1.36 billion, ...

Airbus appears to have changed design of A350 aircraft

PARIS, France: Airbus has changed the design of its A350 passenger jets amid a $2 billion dispute with Qatar Airways ...

Nasdaq climbs more than two percent as U.S. stocks take off again

NEW YORK, New York - U.S. stock markets began the week with a major rally Monday, picking up from a ...

In hopeful sign, US mortgage rates at lowest level since September

WASHINGTON D.C.: Data from the Mortgage Bankers Association released this week showed that the average interest rate on leading US ...

Taiwan Q4 GDP plunges to lowest in 13 years

TAIPEI, Taiwan: Highlighting its worst performance in 13 years, Taiwan's trade-dependent economy contracted in the fourth quarter, affected by declining ...

US December retail sales drop to lowest level in one year

WASHINGTON D.C.: In December, US retail sales recorded its largest drop in one year, due to lower purchases of motor ...

Inflation, interest rates blamed for falling manufacturing in New York

NEW YORK CITY, New York: In January, manufacturing in New York State sharply declined amidst declining orders and rising employment ...

Tesla drops prices of EVs in China, sees surge in sales

BEIJING, China: Data from China Merchants Bank International showed that in January, Tesla's retail sales surged in China after it ...

US economy expands 2.9 per cent in December quarter

Washington [US], January 27 (ANI): Real gross domestic product (GDP) increased at an annual rate of 2.9 per cent in ...

"Women are critical for rapid, sustainable growth in India and everywhere," says US Dy Secy Sherman

Washington [US], January 27 (ANI): Addressing the US-India Alliance for women's economic empowerment Shatter Summit on Thursday, Deputy Secretary of ...

The 10-day king: How a Russian con artist became a European monarch

In July 1934, the microstate of Andorra, situated between Spain and France, elected a king for the first and last ...

Was private business allowed in the USSR

How did a country that despised private trade and private ownership manage to provide millions of people with everything they ...

US Economy Showed Solid Growth at End of 2022

Washington - The U.S. economy cooled only slightly at the end of last year, advancing at an annualized 2.9% rate, ...

Egyptian President El-Sisi exudes confidence in India's G20 Presidency

New Delhi [India], January 26 (ANI): Exuding confidence in India, Egyptian President Abdel Fattah El-Sisi said under New Delhi's presidency, ...

China's economic slowdown can generate ripple effects across world: Report

Beijing [China], January 26 (ANI): According to China's National Bureau of Statistics (NBS), the annual GDP growth of the country ...

New Asian contracts to double Russian gas project's revenue Reuters

Production of liquefied natural gas surged by as much as 10% last year, the operator of Sakhalin-2 saysThe Sakhalin-2 liquefied ...

UN report labels China a bright spot

The economic forecast for Beijing is moderate, but better than the 'sharply deteriorated? outlook for the EUChina will outpace Western ...

US dollar gains strength as Chinese Yuan depreciates amid its shrinking economy

Beijing [China], January 26 (ANI): The attempts by Beijing to dethrone the US dollar as the global currency and replace ...

Hindenburg Research says it stands by report on Adani Group, says any legal action would be 'meritless'

New Delhi [India], January 26 (ANI): Hindenburg Research on Thursday said it fully stands by its report on Adani Group ...

Why China attaches importance to railway projects it funds across the world

Beijing [China], January 26 (ANI): China attaches great importance to the railway projects it funds across the world under the ...

Major Russian energy project to double revenue Reuters

Production of liquefied natural gas surged by as much as 10% last year, the operator of Sakhalin-2 saysThe Sakhalin-2 liquefied ...

Karnataka CM launches task force to curb leopard menace in Mysuru

Mysuru (Karnataka) [India], January 26 (ANI): Karnataka's Cooperation and District In-charge Minister ST Somashekar said that Chief Minister Basavaraj Bommai ...

Mission 2047: India's march to become third-largest economy

New Delhi [India], January 26 (ANI): With a V-shaped recovery following the pandemic shocks, India's run of success continues and ...

China's growth rate in 2022's final quarter lowest since 2020: Report

Beijing [China], January 26 (ANI): China's growth rate in 2022, barely managed to touch the three per cent mark, the ...

Ceat posts Rs 34.85 net profit in third quarter

Mumbai (Maharashtra) [India], January 26 (ANI): Ceat on Thursday said it posted a net profit of Rs 34.85 crore for ...

Adani group mulls legal options in US, India against Hindenburg Research

New Delhi [India], January 26 (ANI): Adani Group on Thursday said it is mulling legal options in the US and ...

Adani groups mulls legal options in US, India against Hindenburg Research

New Delhi [India], January 26 (ANI): Adani Group on Thursday said it is mulling legal options in the US and ...

Tesla's profit surges 12 pc in fourth quarter

Austin (Texas) [US], January 26 (ANI) Tesla reported a respectable jump in profit for the last quarter of 2022, but ...

Torrent Pharma posts 14 pc growth in Q3 net profit

Ahmedabad (Gujarat) [India], January 26 (ANI): Torrent Pharma has posted a 14 per cent growth in its net profit to ...

Tata Motors back in black after 7 quarters, posts Rs 3,043 in profit

Mumbai (Maharashtra) [India], January 26 (ANI) Tata Motors has posted Rs 3,043 as net profit for the quarter ended December ...

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Russia Herald.

More Information
-3
Cloudy in Moscow/Vnukovo

World

Section
US moving towards offering annual Covid vaccines to most Americans

WASHINGTON D.C.: As part of its efforts to simplify the national COVID-19 vaccine strategy, the US Food and Drug Administration ...

Small Irish army has no spare arms for Ukraine: Micheal Martin

DUBLIN, Ireland: Tanaiste Micheal Martin has said that Ireland cannot send arms to Ukraine because of the small size of ...

Hawaii mourns death of last island princess

HONOLULU, Hawaii: The casket bearing Abigail Kinoiki Kekaulike Kawananakoa, long considered the last Hawaiian princess, has gone on public viewing ...

Report sees $1.36 billion in spending during Thai Lunar New Year

BANGKOK, Thailand: Consumer spending in Thailand over the ongoing Lunar New Year period could increase 13.6 percent to $1.36 billion, ...

Petitions seek to save Tokyo baseball stadium Babe Ruth played at

TOKYO, Japan: Thousands of baseball fans have signed a petition to save the iconic Meiji Jingu Stadium in Tokyo, which ...

Asia Album: Naan bakery in Afghanistan

© Provided by Xinhua BALKH, Afghanistan, Jan. 27 (Xinhua) -- In Afghanistan, bakeries make naan, traditional Afghan leaf bread, as ...

Movie Review

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 ...

Read More