Mon, 30 Jan 2023

Weak 2023, predicts US defense contractor General Dynamics

RESTON, Virginia: Amidst labor and supply shortages, US defense contractor General Dynamics forecasted weak 2023 results, though strong demand for ...

Serta Simmons mattresses seeks bankruptcy protection

ATLANTA, Georgia: In light of its significant debt, the slowing economy and rising interest rates stifling consumer demand, US mattress-maker ...

Walmart minimum wage to start at $14/hr, still below Costco, Target

BENTONVILLE, Arkansas: To attract and retain employees in a tight domestic labor market, Walmart has announced that it it will ...

Technology stocks in demand as U.S. markets move modestly higher

NEW YORK, New York - U.S. stocks hesitatingly continued higher Friday, reflecting widespread gains, albeit modest ones, across the globe."We're ...

Artificial meat given first approval by US officials

NEW YORK CITY, New York: As early as this year, lab-grown meat could be served in some restaurants in the ...

As travel opens up, Thailand prepares for 5 million Chinese tourists

BANGKOK, Thailand: Following China's reopening and the end of its strict COVID-19 restrictions, businesses on Thailand's holiday island of Phuket ...

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, ...

How science and innovation can strengthen global food systems

Food systems, from production to consumption, are complex in nature and require co-ordinated efforts at different levels. Food systems are ...

Budget 2023: Slum rehabilitation needs urgent focus, says chairman Raheja Developers

New Delhi [India], January 29 (ANI): Navin M Raheja, Chairman and Managing Director of Raheja Developers on Sunday put forward ...

India's forex reserves hit about six-month high of USD 573.7 billion

New Delhi [India], January 29 (ANI): India's foreign exchange reserves rose by whopping USD 1.727 billion to USD 573.727 billion ...

'Remember the Titans' Screenwriter Gregory Allen Howard Dies

NEW YORK - Screenwriter Gregory Allen Howard, who skillfully adapted stories of historical Black figures in "Remember the Titans" starring ...

EU threatens migrants home countries

Nations have been warned to take back their citizens or face restrictions on visa issuanceCountries that refuse to accept their ...

Just as Pandavas could not choose their relatives, India can't choose its neighbours: Jaishankar on Pakistan

Pune (Maharashtra) [India], January 28 (ANI): External Affairs Minister S Jaishankar on Saturday said that just as the Pandavas could ...

Report: NWSL preparing to add teams in Boston, SF, Utah

The National Women's Soccer League is in "advanced discussions" with potential ownership groups to bring new franchises to Boston, Utah ...

China to boost economic rebound, stabilize foreign trade, investment

© Provided by Xinhua BEIJING, Jan. 28 (Xinhua) -- China will consolidate and expand the momentum of economic rebound, accelerate ...

Enjoying festive vibes, China's tourism boom returns

© Provided by Xinhua BEIJING, Jan. 28 (Xinhua) -- It was freezing cold as the temperature was below minus 15 ...

Markets expected to stabilise by next week when SEBI report comes out: Experts

Mumbai (Maharashtra) [India], January 28 (ANI): Market expert Siddharth Kuanwala on Friday said the stock markets are expected to stabilise ...

Price cap range for Russian diesel agreed Bloomberg

The EU and G7 continue to discuss the exact level, seeking to avoid major disruptions across the global marketThe Group ...

Goodyear to lay off 500 jobs: WSJ

Akron (Ohio)[US], January 28 (ANI): Goodyear Tire and Rubber Company said it will cut about 500 jobs, which is about ...

UN warns about Turkish inflation

The country's program to slash interest rates sent prices to a 24-year high last yearThe UN expects inflation in Türkiye ...

Goldman Sachs slashes CEO's pay by 30 pc after bank's poor performance

New York [US], January 28 (ANI): Goldman Sachs Chief Executive, David M Solomon saw his 2022 pay slashed by nearly ...

Suzuki to use cow dung for its CNG cars, signs MoU with National Dairy Development Board

New Delhi [India], January 28 (ANI): India's largest car manufacturer company Suzuki Motor Corporation (SMC) has announced that it will ...

Sam Ryder clings to Farmers lead as Jon Rahm charges into second

Sam Ryder maintained the lead at the Farmers Insurance Open and drew one step closer to winning on the PGA ...

Xi's authoritarian rule worries China's wealthy, several immigrate overseas

Beijing [China], January 28 (ANI): Xi Jinping's authoritarian rule in China has become a cause of worry for the business ...

Congress calls for probe after report raises concerns on shares of Adani Group

New Delhi [India], January 28 (ANI): The Congress on Friday called for an investigation after a US-based research firm in ...

EU has second thoughts on duty-free food from Ukraine media

The bloc claims that the influx of goods from the country undermines regional tradeThe European Commission (EC) may reconsider its ...

China's box office makes strong comeback over holiday

© Provided by Xinhua by Zhang YunlongBEIJING, Jan. 27 (Xinhua) -- After enduring the negative impact of COVID-19, China's cinemas ...

Interest rates nearing peaks but major central banks will delay monetary policy easing: Report

New Delhi [India], January 27 (ANI): Key policy interest rates are nearing their peaks globally but major central banks will ...

Russian billionaire's role in Moscow-Kiev talks reduced WSJ

Roman Abramovich remains a mediator between the two warring countries, the news outlet claimsRussian oligarch Roman Abramovich has seen his ...

Indian stocks fall sharply weighed by bank indices; Sensex down 874 points

New Delhi [India], January 27 (ANI): Indian stock indices plummeted sharply during Friday's trade weighed largely due to a significant ...

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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 ...

NHL roundup: Panthers rally late, nip Bruins in OT

Aleksander Barkov tied the game with 2.4 seconds remaining in regulation, then recorded his 600th career point by assisting on ...

Ducks beat Coyotes in OT, run win streak to three

Trevor Zegras scored with 1:26 remaining in overtime, Max Jones added a goal and the Anaheim Ducks extended their winning ...

Ducks run win streak to three with OT win over Coyotes

Trevor Zegras scored with 1:26 remaining in overtime, Max Jones added a goal and the Anaheim Ducks extended their winning ...

Top 25 roundup: Grant Sherfield, Oklahoma blow by No. 2 Alabama

Grant Sherfield had a season-high 30 points, leading Oklahoma to a 93-69 upset of No. 2 Alabama on Saturday in ...

NBA roundup: Celtics earn controversial OT win over Lakers

Jaylen Brown scored 37 points and pulled down nine rebounds to help the Boston Celtics avoid a season-worst losing streak ...

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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