Sat, 01 Oct 2022

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 ...

Asian stock markets end mostly higher despite British pound weakness

SYDNEY, NSW, Australia - Stocks in Asia made broad brush gains on Thursday despite a sudden upturn in the U.S. ...

Apple says will manufacture iPhone 14 in India by end of 2022

CUPERTINO, California: In line with its efforts to move some of its production from China, Apple has announced that it ...

Australia forced to review regulations following Optus cyber-attack

CANBERRA: Australia: After hackers targeted Optus, the country's second-largest telecoms firm, Australian Prime Minister Anthony Albanese said the country will ...

U.S. stocks shoot higher as pound stabilizes, Nasdaq gains more than 2%

NEW YORK, New York - U.S. stocks, after plunging to year lows, finally changed direction Wednesday, with investors snapping up ...

GM to spend $760 million to build parts for electric vehicles in Ohio

DETROIT, Michigan: General Motors has announced that it will invest $760 million in its Toledo, Ohio factory to build drive ...

After Covid shutdown, China allows reopening of Macao in November

MACAU, Macao: After Macao's chief executive Ho Iat Seng announced this week that China would resume an e-visa scheme for ...

Stocks in Asia fall across-the board as recession fears take hold

SYDNEY, NSW, Australia - Stocks in Asia plummeted on Wednesday as the U.S. dollar continued to surge.Fears of higher interest ...

Deutsche Bank analyst warns Bank of England to raise rates

FRANKFURT, Germany: Deutsche Bank analyst George Saravelos said the Bank of England must raise interest rates as early as next ...

Shortage of materials, inflation slow Japanese factory output

TOKYO, Japan: As Japanese firms are coping with a global economic slowdown and high energy and raw material costs exacerbated ...

Stocks in U.S. mixed Tuesday, U.S. dollar rally extends

NEW YORK, New York - Stocks were choppy on global markets Tuesday as investors struggled with a slew of bad ...

After end to Covid aid, Canada has $4.67 billion budget surplus

OTTAWA: Canada's finance ministry has said that partly due to higher tax revenues and the end of COVID-19-related benefits, the ...

Bond sell-off spreads, US dollar rises

LONDON, England: If worldwide government bond losses continue, 2022 marks the worst year since 1949 as investor sentiment falls to ...

Sterling firms, Asian stock markets strengthen

SYDNEY, NSW, Australia - Stocks in Asia were mostly stronger on Tuesday after the heightened volatility of the previous day.Markets, ...

Labor shortages forcing UK to take in more foreign workers

LONDON, England: To tackle labour shortages in key industries, British Prime Minister Liz Truss is set to review the country's ...

Antonio Guterres agrees to hold donors' conference to help Pakistan: Shehbaz

ISLAMABAD, Pakistan - Prime Minister Shehbaz Sharif has stated that Pakistan may need to import over a million tonnes of ...

U.S. stock markets slide amidst turmoil on currency and bond markets

NEW YORK, New York - U.S. stocks had a choppy day Monday, which was marred by severe gyrations in bond ...

100th anniversary of renowned Hollywood sign calls for repaint

HOLLYWOOD, California: Ahead of its 100th anniversary, the world famous Hollywood sign on Mount Lee overlooking Los Angeles is being ...

US Senate targets Facebook, Google for money shared with news groups

WASHINGTON D.C.: The U.S. Senate Judiciary Committee has approved a bill that will allow news organizations to jointly negotiate with ...

Malaysia Aims To Add US Flights After Safety Rating Boost

KUALA LUMPUR, Malaysia - The U.S. Federal Aviation Administration has upgraded Malaysia's air safety rating to Category 1, allowing the ...

EU announces 'strict' visa restrictions for Russians

The European Commission has published new guidelines that tighten restrictions on Russian nationalsRussian citizens should not be allowed to apply ...

China's yuan sinks to record low against dollar ahead of key National Congress

Beijing [China], October 1 (ANI): Ahead of the 20th National Congress later this month, China's yuan, also known as the ...

New rules for debit, credit cards begin with tokenisation today, All you need to know

New Delhi [India], October 1 (ANI): The Reserve Bank of India (RBI) has made it mandatory for all credit and ...

Experts say long COVID-19 could cost U.S. economy trillions: report

© Provided by Xinhua NEW YORK, Sept. 30 (Xinhua) -- Experts predict that long COVID-19 is likely to cost the ...

Majority of Brits want Liz Truss to resign poll

Over one-third of Conservatives surveyed also want the prime minister to quitMore than half of Britons want Prime Minister Liz ...

EU ready to hit Russia with fresh sanctions Reuters

The provisional agreement comes as President Putin approves the incorporation of four former Ukrainian regions into RussiaEU nations have reached ...

Russians should apply for visas in Russia EU

The European Commission has published new guidelines that tighten restrictions on Russian nationalsRussian citizens should not be allowed to apply ...

This winter will be hard but next one will be even worse EU

Energy Commissioner Kadri Simson warns of a ?difficult? winter amid the energy crisisEU energy officials are concerned about the effects ...

Why IMF comments on the UK economy spooked traders and investors

Everyone from political pundits to people on the street have issued forth on the new UK government's tax cut-laden growth ...

Three reasons a weak pound is bad news for the environment

The day before new UK chancellor Kwasi Kwarteng's mini-budget plan for economic growth, a pound would buy you about $1.13. ...

Liz Truss: are the Conservatives facing an electoral meltdown?

The Conservative party is heading into its annual conference amid the catastrophic fallout from Chancellor Kwasi Kwarteng's mini-budget. The decision ...

Heavy Gunfire in Burkina Faso Capital, Soldiers on Streets

OUAGADOUGOU - Heavy gunfire rang out from the main military camp and some residential areas of Burkina Faso's capital on ...

Nord Stream was ruptured by two blasts WSJ

The pipelines were damaged by explosions, each with a force equivalent to 500 kg (1,100 pounds) of TNT, the WSJ ...

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International

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Abortion regardless of marital status legalized by India's top court

NEW DELHI, India: In a decision widely hailed by women's rights activists, India's top court upheld the right of a ...

Another delay for US moon rocket as hurricane approaches Florida

CAPE CANAVERAL, Florida: NASA has announced that it will roll its giant moon rocket, the Space Launch System, off its ...

Boarding up windows, stacking sandbags as hurricane nears Florida

MIAMI, Florida: As Hurricane Ian crashes across the Caribbean, bringing high winds and torrential rains, Florida residents are scrambling to ...

After Roger Waters urges end to support for Ukraine, concert canceled

KRAKOW, Poland: Organizers said an April Roger Waters concert planned in Krakow, Poland, has been canceled due to Waters' support ...

Israeli forces in West Bank given green light to use drones for assassinations

TEL AVIV, Israel - The Israeli army has approved using drones to carry out assassinations in the West Bank.The extraordinary ...

Picture of King Charles to slowly become circulated on UK currency

LONDON, England: As Britain adjusts to its first new head of state in 70 years, the government printers responsible for ...

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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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