Mon, 02 Aug 2021

Price increase helps jump in McDonalds revenues

CHICAGO, IL: Global sales and profits for McDonald's Corp surged past Wall Street targets on Wednesday, attributed to fresh additions ...

Pfizer seeks permission to administer third Covid dose

NEW YORK CITY, New York: Pfizer has projected a 29 percent increase in the sales of its COVID-19 vaccine in ...

Biden says ban on rental evictions to end on Saturday

WASHINGTON, D.C.: The nationwide ban that prevents landlords from evicting those who do not pay their rent will expire Saturday.The ...

UPS shares fall to lowest in 3 months as e-commerce declines

NEW YORK CITY, New York: Shares of United Parcel Service (UPS) fell to its lowest in three months on July ...

Worldwide semiconductor chip shortage to hit manufacturing of iPhones

CUPERTINO, California: Apple Inc said this week that the global chip shortage could soon affect iPhone production, with declining revenue ...

Walmart to pay for employees' college tuition, cost of books

BENTONVILLE, Arkansas: Retailer Walmart, the largest private employer in the U.S., has announced it will cover the full cost of ...

U.S. stocks slip on Amazon revenue forecasts

NEW YORK, New York - U.S. stocks fell across the board on Friday with Amazon a stand-out for sellers. The ...

Amazon says it will not accept bitcoin for online payments

SEATTLE, Washington: Amazon.com denied media reports on July 26 that the company was considering accepting bitcoins as a form of ...

In major move, Intel to build Qualcomm chips, full production by 2025

SANTA CLARA, California: Hoping to regain its lead by 2025 and catch up to rivals, such as Taiwan Semiconductor Manufacturing ...

Stocks across Asia sold off, Japan's Nikkei 225 loses 499 points

SYDNEY, NSW, Australia - There was wholesale selling of stocks on Asian markets on Friday with the technology sector coming ...

Chinese companies risk U.S. de-listing over government interference

WASHINGTON, D.C.: Changes in reporting procedures will now require Chinese companies listed on U.S. stock exchanges to disclose the risks ...

Rising prices, shortage of materials puts breaks on new home sales

WASHINGTON, D.C.: New home sales fell to a 14-month low in June, while sales in May were weaker than initially ...

Nehru's policies behind today's inflation: MP Minister

Bhopal (Madhya Pradesh) [India], August 1 (ANI): Madhya Pradesh BJP minister Vishvas Sarang accused "foreign-educated" Jawaharlal Nehru for sacrificing Mahatma ...

Bitcoin rallies past $40 000 level to highest since mid-May

Bitcoin hit its highest level since mid-May and continues to build momentum.The largest cryptocurrency gained Sunday for an 11th day ...

Research and development are key to resilient food systems in Africa

What will it take to build sustainable, resilient food systems in African countries? This was among the questions considered at ...

Is America's oil industry too big to fail

America's oil and gas industry employs over 11 million people and is worth more than $1.6 trillion, making the energy ...

Top economists say cutting immigration is no way to boost wages

Australia's top economists have overwhelmingly rejected cuts to either permanent or temporary migration as a means of restoring lost wage ...

Russians Hacked Federal Prosecutors, US Justice Department Says

WASHINGTON - The Russian hackers behind the massive SolarWinds cyberespionage campaign broke into the email accounts of some of the ...

Florida Sets Daily Record of More Than 21,000 COVID-19 Cases

Florida reported a record 21,683 COVID-19 cases on Saturday, making the Southeastern U.S. state the national epicenter of the coronavirus ...

Telemedicine poses challenges for evaluating treatment

Washington [US], August 1 (ANI): As an outcome of the COVID pandemic, people globally experienced how teleconferencing platforms help them ...

Justice Department Says Russians Hacked U.S. Federal Prosecutors

The U.S. Justice Department says the Russian hackers behind the massive SolarWinds cyberespionage campaign broke into the email accounts of ...

US oil giants to keep a lid on spending even as profits surge

US oil giants ExxonMobil and Chevron reported strong profits on Friday riding a wave of higher prices amid recovering demand, ...

Building resilient globalization to boost world recovery

© Provided by Xinhua "The pandemic revealed the importance of crisis management in multilateral institutions. We need to restart the ...

China's manufacturing PMI in expansion zone as recovery sustains

© Provided by Xinhua BEIJING, July 31 (Xinhua) -- China's manufacturing activity continued to expand in July as its economic ...

Disney's faces heat for contract breach lawsuit response

Washington [US], July 31 (ANI): Amid the ongoing legal and public relations battle between Disney and Scarlett Johansson, Women in ...

Pirates hope to feast on Phillies yet again

The Pittsburgh Pirates and visiting Philadelphia Phillies are playing this weekend for the first time since 2019. The Pirates are ...

Rossari Biotech posts 58 pc growth in Q1 PAT at Rs 25 crore

Mumbai (Maharashtra) [India], July 31 (ANI): Speciality chemicals manufacturer Rossari Biotech on Saturday posted 58 per cent jump in its ...

Poverty challenge can't be solved without economic growth - Kganyago

SA Reserve Bank Governor Lesetja Kganyago says central banks contribute to growth by ensuring financial and price stability.Kganyago, during the ...

Amazon Hit With Record EU Data Privacy Fine

Amazon.com Inc has been hit with a record $886.6 million (746 million euros) European Union fine for processing personal data ...

US: Economy Advanced 6.5% from April to June

WASHINGTON - The U.S. said Thursday that its economy, the world's largest, advanced 6.5% in the April-to-June period, a slightly ...

Covid-19 crisis hits India's booming film industry hard

The pandemic has cast a huge shadow on India's flourishing movie business with shutdowns impacting box office revenues and the ...

Tata Nexon Electric Demand Is As Good As Nexon Diesel Demand

Demand Is As Good As Nexon Diesel Demand With electric mobility given a serious push in the country, we are ...

China's Bond Connect program continues to thrive in July

BEIJING, Aug. 1 (Xinhua) -- China's Bond Connect program continued to see robust activity in July, data released by Bond ...

Interview: Logitech committed to investing in China, says CEO

by Martina Fuchs GENEVA, Aug. 1 (Xinhua) -- Bracken Darrell, chief executive officer (CEO) of Swiss computer peripherals manufacturer Logitech, ...

Xinhua world economic news summary at 0900 GMT, Aug. 1

LIMA -- The government of new Peruvian President Pedro Castillo will implement an economic policy that will promote private and ...

Cambodia lowers growth forecast to 2.5 pct this year due to COVID-19: PM

PHNOM PENH, Aug. 1 (Xinhua) -- Cambodian Prime Minister Samdech Techo Hun Sen on Sunday lowered the kingdom's economic growth ...

Xinhua Middle East news summary at 2200 GMT, July 31

TEHRAN -- The Iranian health ministry reported on Saturday 19,846 new COVID-19 cases, raising the country's total infections to 3,871,008. ...

Roundup: U.S. equities book weekly losses amid Fed decision, economic data

NEW YORK, July 31 (Xinhua) -- U.S. stocks declined for the week as investors parsed policy updates from the Federal ...

Morocco's economy shrinks 6.3 pct in 2020

RABAT, July 31 (Xinhua) -- Morocco's economy shrank by 6.3 percent in 2020 amid the COVID-19 pandemic and a bad ...

World Insights: Building resilient globalization to boost world recovery

by Xinhua writer Liu Lina, Ni Yuanshi BEIJING, July 31 (Xinhua) -- As a consequence of COVID-19, the world is ...

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Calif. desalination plant to begin construction in 2022

HUNTINGTON BEACH, California: In a bid to develop a major source of water for drinking and irrigation, California appears poised ...

Dodgers roll to 13-0 win over Diamondbacks

Albert Pujols had an early three-run double and Julio Urias pitched five scoreless innings as the Los Angeles Dodgers celebrated ...

Reports: Kawhi Leonard declines player option, becomes free agent

All-NBA forward Kawhi Leonard declined his player option with the Los Angeles Clippers for next season, making him a free ...

Report: Suns' Chris Paul declines $44.2M player option

Phoenix Suns point guard Chris Paul is declining his $44.2 million player option for the 2021-22 season and becoming an ...

Heat: Goran Dragic staying, Andre Iguodala reportedly out

The Miami Heat picked up point guard Goran Dragic's $19.4 million team option for 2021-22 but are reportedly declining their ...

Dodgers activate OF Mookie Betts from injured list

The Los Angeles Dodgers activated five-time All-Star outfielder Mookie Betts from the 10-day injured list ahead of Sunday's series finale ...

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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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