Wed, 29 Jun 2022

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 ...

One-third of car sales might be electric by 2028, says analysts

NEW YORK CITY, New York: Electric vehicle (EV) sales could reach 33 percent globally by 2028, and 54 percent by ...

G-7 meeting to hear bids to stop biofuel to reduce food prices

BERLIN, Germany: To prevent large increases in food prices, officials from G7 countries, including Germany and the UK, will push ...

Announcement expected this week to ban Juul e-cigarettes in US

WASHINGTON D.C.: The U.S. Food and Drug Administration (FDA) is preparing to order Juul Labs to stop selling its e-cigarettes ...

As US average home price reaches $400,000, sales fall

WASHINGTON D.C.: As average home prices surged to a record high, reaching the $400,000 mark for the first time, and ...

Russian rouble stronger, consumer prices falling

MOSCOW, Russia: Russia's consumer price index has fallen by 0.12 percent for the third consecutive week.This drop in the consumer ...

US businesses raise possible US-Taiwan free trade agreement

TAIPEI, Taiwan: The American Chamber of Commerce in Taiwan has recommended that the United States "urgently" initiate talks with Taiwan ...

Wall Street rallies hard, Nasdag gains more than three percent

NEW YORK, New York - Stocks on Wall Street and around the globe rallied hard on Friday pushing the major ...

Detroit automakers tell workers mask wearing now optional

DETROIT, Michigan: Detroit's three big automakers - General Motors, Ford and Chrysler parent Stellantis NV - have announced that wearing ...

UK to allow food imports from Fukushima Guardian

London is lifting the ban imposed after the 2011 nuclear disasterThe UK will allow food imports from the Japanese prefecture ...

Update: Shanghai resumes dine-in services at restaurants as COVID-19 wanes

© Provided by Xinhua SHANGHAI, June 29 (Xinhua) -- China's financial hub Shanghai is gradually resuming dine-in services at restaurants ...

Japan, South Korea Leaders Meet on Sidelines of NATO Summit

Seoul - The top leaders of South Korea and Japan expressed hopes for improved bilateral relations during a brief meeting ...

Mahesh Babu, his wife meet Bill Gates in New York

New Delhi [India], June 29 (ANI): Telugu star Mahesh Babu is enjoying his vacation with his wife Namrata Shirodkar and ...

EU needs at least 3 years to replace Russian gas Fitch

Slovakia, Hungary, and the Czech Republic will be hit the hardest if Moscow cuts off supplies, according to the ratings ...

How China's manufacturing hub balances GDP, carbon goals

© Provided by Xinhua GUANGZHOU, June 29 (Xinhua) -- Erected on sea water, arrays of photovoltaic panels glow in the ...

What's driving Uber's historic agreement with the TWU on gig work

Uber Australia has struck a historic agreement with the Transport Workers' Union - a statement of principles that re-regulate work ...

1970s-style stagflation now playing on central bankers' minds

"Stagflation" is an ugly word for an ugly situation - the unpleasant combination of economic stagnation and inflation.The last time ...

G-7 Countries Offer Alternative to China's Development Juggernaut

TELFS, AUSTRIA - The world's wealthiest liberal democracies say they're offering developing nations $600 billion in infrastructure funding by 2027, ...

Bank deposit growth moderated year-on-year in March, says RBI

New Delhi [India], June 29 (ANI): Bank deposit growth has moderated year-on-year to 10.0 per cent in March 2022 as ...

China enjoys high-quality development in past decade

© Provided by Xinhua BEIJING, June 29 (Xinhua) -- China's economy has grown by leaps and bounds over the past ...

US to provide nearly USD 55 million humanitarian aid to quake-hit Afghanistan

Washington [US], June 29 (ANI): The United States would provide nearly USD 55 million in immediate humanitarian assistance to the ...

What it would take to set up an African drug discovery ecosystem

Africa has great potential for drug discovery. The continent has natural resources, indigenous knowledge and human capacity. And it has ...

Launch of CAPSTONE to evaluate new orbit for NASA's Artemis Moon Missions

Washington [US], June 28 (ANI): The first leg of NASA's CubeSat mission to the Moon has been successfully completed in ...

Macron supports introduction of price ceiling for Russian gas by G7 states

Moscow [Russia], June 28 (ANI/Sputnik): French President Emmanuel Macron on Tuesday spoke in support of the introduction of a price ...

China-linked financial frauds and money laundering in India

Beijing [China], June 28 (ANI): India has recently witnessed a wave of financial frauds through instant microloan lending applications and ...

Indian currency rupee touches fresh low against US dollar

New Delhi [India], June 28 (ANI): Indian currency rupee on Tuesday hit a fresh all-time low of 78.59 per US ...

Oscar-nominated French actor Isabelle Adjani under investigation for alleged fraud

Washington [US], June 28 (ANI): Oscar-nominated French actress Isabelle Adjani, best known for 'Camille Claudel' and 'The Story of Adele ...

Hong Kong Palace Museum -- a new cultural landmark of Hong Kong

© Provided by Xinhua HONG KONG, June 28 (Xinhua) -- The Hong Kong Palace Museum (HKPM), located in the West ...

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US businesses raise possible US-Taiwan free trade agreement

TAIPEI, Taiwan: The American Chamber of Commerce in Taiwan has recommended that the United States "urgently" initiate talks with Taiwan ...

Ireland census shows 5.1 million population, highest since 1841

DUBLIN, Ireland: With a population of 5,123,536, Ireland's population has reached its highest number since 1841, four years before the ...

China keeps up with demand for power during ongoing heat wave

BEIJING, China: Amidst warmer-than-normal weather, power consumption surged in the Chinese provinces north of the Yangtze river, with regions such ...

Judge-lawyer audio discussing bribe leaked in Nepal: Probe committee formed

KATHMANDU, Nepal - A three-member investigation committee has been formed to investigate an audio recording of a Kathmandu District Court ...

UK government pledges action after inflation rises 9.1% in May

LONDON, England: Surging food prices in the UK pushed consumer price inflation to 9.1 percent last month, a 40-year record ...

Ireland prepared to intervene if fuel prices rise too high: Varadkar

DUBLIN, Ireland: Ireland could intervene to bring down the cost of fuel if prices rise too high, according to Tanaiste ...

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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