Tue, 04 Oct 2022

US charges Russian billionaire Oleg Deripaska for violating sanctions

WASHINGTON D.C.: U.S. prosecutors have announced the filing of criminal charges against Russian billionaire Oleg Deripaska for violating sanctions imposed ...

Inflation causes steep fall in new orders at Ireland factories

DUBLIN, Ireland: As inflation caused prices for factory materials to rise, Ireland's factory output fell in September, causing an easing ...

U.S. stocks kick October off with major rally

NEW YORK, New York - A correction in bond yields saw a surge in stocks Monday. The 10-year U.S. treasury ...

Lego closes stores in Russia, being reopened under name World of Cubes

MOSCOW, Russia: After Danish toy maker Lego exited Russia due to Moscow's February invasion of Ukraine, 65 of its stores ...

Switzerland loosens water regulations to increase hydropower capacity

GENEVA, Switzerland: In an effort to ease power shortages this winter, the Swiss government said it will temporarily loosen water ...

Stocks in Asia quiet, but Japan's Nikkei 225 advances 279 points

MELBOURNE, Victoria, Australia - Stocks in Asia on Monday were mostly lower, following substantial falls on Wall Street on Friday.Trading ...

Lyft taxi service puts hold on hiring due to US recession

SAN FRANCISCO, California: Ride-hailing firm Lyft said it is freezing all U.S. hiring through the end of the year, in ...

Ford to spend $700 million in Kentucky truck plant, add 500 jobs

DETROIT, Michigan: Ford Motor Co. has announced that it will invest $700 million in its Kentucky plant, which will assemble ...

German politicians agree on need for $194 billion energy shield

BERLIN, Germany: As Germany grapples with surging gas and electricity costs caused largely by a collapse in Russian gas supplies ...

After Covid, US struggles to process Indian visa applications

WASHINGTON D.C.: U.S. Secretary of State Antony Blinken said the U.S. is working to reduce the backlog in visa applications ...

US 50 states agree to standardized connections at EV charging stations

WASHINGTON D.C.: The U.S. Department of Transportation has approved the electric vehicle charging station plans in all 50 American states, ...

China prepares wide-body C919 jet for passenger service

BEIJING, China: During a ceremony this week, China certified its C919 narrow-body passenger jet, which is part of the country's ...

U.S. stocks sold off sharply, Nasdaq Composite drops 162 points

NEW YORK, New York - It was another volatile day on Wall Street on Friday as investors weighed up more ...

US capital goods orders rise 1.3% in August, surprising experts

WASHINGTON D.C.: New orders for U.S.-manufactured capital goods in August increased more than expected, indicating that businesses are still keen ...

Asian stocks close out month and quarter on dismal note

SYDNEY, NSW, Australia - Asian stocks closed out the month and the quarter on a dismal note Friday."The 'troubling triad' ...

With eye on competition, Tata Motors selling $10,000 EV in India

NEW DELHI, India: As it seeks to attract more buyers, Tata Motors, the country's only electric vehicle maker, has introduced ...

40,000 Chinese workers to be deported as Manila ends online gaming

MANILA, Philippines: The justice ministry in Manila said it will close 175 Chinese-owned "Philippine offshore gambling operators" and deport some ...

Investors cop haircuts as U.S. stock markets reel, Nasdaq drops 314 points

NEW YORK, New York - A day after investors breathed a sigh of relief, sellers swarmed U.S. stock markets on ...

Enormous debt forces Garuda Indonesia to file for bankruptcy

JAKARTA, Indonesia: Irfan Setiaputra, CEO of Indonesian flag carrier Garuda Indonesia, has confirmed to Reuters that last week the airline ...

Demand for Turkish drones rises, Malaysia, Indonesia voice interest

"Many Asian countries, especially Malaysia and Indonesia, show great interest in our defense industry products. Agreements are being signed," Turkish ...

Oct will be best festive season of the decade: Auto report

New Delhi [India], October 4 (ANI): The total retail sales of vehicles witnessed 11 per cent year-on-year growth during September ...

Indian markets on bullish trend; Sensex up 1,000 points in morning

Mumbai [India], October 4 (ANI): Indian markets started the session on Tuesday with a bullish trend, tracking strong global cues. ...

Poised for postseason run, Cardinals clash with Pirates

Although losing is never the goal, wins don't mean all that much for the St. Louis Cardinals, who are finishing ...

U.S. Fed's aggressive rate hikes add pressure on European economy

© Provided by Xinhua "Basically we are back to the famous quote by U.S. Treasury Secretary John Connally from the ...

Experts say decoupling from China unrealistic

© Provided by Xinhua "The world has become more dependent on China both as a supplier and a consumer."BEIJING, Oct. ...

Donald Trump files defamation suit against CNN

Washington [US], October 4 (ANI): US Former President Donald J Trump on Monday (local time) sued CNN, accusing the network ...

Albania Denies Police System Was Attacked by Iranian Hackers

Tirana, Albania - Albanian authorities Monday denied the country's police system was hacked after local media reported that data on ...

Turks brace for more hardships as inflation soars

© Provided by Xinhua With the annual inflation in Türkiye reaching 83.45 percent in September, and consumer prices rising by ...

Why elementary and high school students should learn computer programming

Ontario recently announced a partial reform of its elementary and secondary school curricula to include mandatory learning on coding, as ...

Mini-budget: lessons from the UK's long history of economic crises

It was a mini-budget with a major impact. Shortly after the UK chancellor announced his plans for a "new era" ...

EU asylum system has failed Austria

The country has seen a near 200% increase in applications this yearAustrian Chancellor Karl Nehammer declared on Monday that the ...

Surveys show downturn in UK economy

© Provided by Xinhua Manufacturers linked lower production to a reduction in new work intakes. The level of new business ...

Credit quality of India Inc strengthens in April-Sept 2022: ICRA

Mumbai (Maharashtra) [India], October 3 (ANI): The credit quality of India Inc continued to strengthen in the first half of ...

Why UK final-salary pensions may now be unpayable without state support

When long-dated UK government bonds fell sharply following the consistent criticism of the new economic measures laid out by the ...

Truss exposes the inherent instability of Western democracies

The current turmoil in British politics can lead to disastrous consequences. It also mirrors the current state of the wider ...

Delhi Excise Policy case: Court extends Vijay Nair's CBI custody till Oct 6

New Delhi [India], October 3 (ANI): A Delhi Court on Monday extended Vijay Nair, communication strategist of Aam Aadmi Party ...

Pakistan: KP govt's financial health deteriorates, fails to pay salaries to employees

Peshawar [Pakistan], October 3 (ANI): Amid the ongoing economic slump across Pakistan, the government of Khyber Pakhtunkhwa province failed to ...

China looking for new ways to resolve current debt quagmire: Report

Beijing [China], October 3 (ANI): After the first version of China's flagship Belt and Road initiative was blocked, Beijing is ...

China falls into its own debt trap as loans under Belt and Road Initiative pile up

Beijing [China], October 3 (ANI): China is falling into its own debt trap as the country's banks have sharply reduced ...

Sensex plunges 638 points; Maruti Suzuki, HUL, ITC slump

Mumbai (Maharashtra) [India], October 3 (ANI): The Indian stock market's benchmark Sensex slumped 638 points on Monday dragged by last-hour ...

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US to purchase $1.1 billion in arms for Ukraine

WASHINGTON D.C.: Pentagon officials have announced that an arms package has been approved for Ukraine worth $1.1 billion, which includes ...

Czech begins detaining migrants at 27 Slovak border crossings

PRAGUE, Czech Republic: Czech police detained a van carrying 15 illegal migrants on October 1, after renewing border checks following ...

US acts to reduce risks from space debris

WASHINGTON D.C.: The U.S. Federal Communications Commission voted 4-0 last week to enforce new rules to address the issue of ...

Prosecutors to decide on charging actor Alec Baldwin in fatal shooting

ALBUQUERQUE, New Mexico: New Mexico district attorney Mary Carmack-Altwies has said that actor Alec Baldwin and up to four others ...

US again returning money to victims of Bernie Madoff, 88% recovered

WASHINGTON D.C.: The U.S. Department of Justice has announced that after nearly 14 years, the victims of Bernard Madoff's Ponzi ...

After sanctions, Russia says will build own aircraft, not rely on west

MOSCOW, Russia: Russia's state-owned engineering firm Rostec has said that the country's aviation industry will continue operating without the West, ...

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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