Wed, 25 May 2022

U.S. stocks close mixed, Nasdaq slides 271 points

NEW YORK, New York - U.S. stocks, bonds, and the dollar fell heavily on Tuesday as economic data revealed a ...

Vietnam fires head of stock exchange over corruption

HANOI, Vietnam: Vietnam's government announced that it has removed Le Hai Tra, general director of the Ho Chi Minh Stock ...

Major US tech firms slow hiring, reduce staffs due to market slowdown

NEW YORK CITY, New York: Tech firms have slowed or frozen hiring, and even accelerated layoffs, in response to the ...

McDonald's operator buys all 850 Russian branches as company departs

MOSCOW, Russia: McDonald's has announced that it will sell all its branches in Russia to one of its local licensees, ...

Asian stocks take a tumble as euro reaches for the stars

SYDNEY, NSW, Australia - The euro has jumped above 1.0700 in Asian trading Tuesday, but stocks have fallen sharply.The run ...

Netflix to pay Italy $59 million in back taxes

MILAN, Italy: Netflix and Italy have agreed to a $59 million settlement to to settle a four-year tax dispute, Milan ...

UK retail sales reported high amidst record inflation

LONDON, England: British consumers continued to shop as normal last month, despite the highest inflation rate in 40 years, with ...

Wall Street rockets higher, Dow Jones gains nearly two percent

NEW YORK, New York - U.S. stocks rocketed higher Monday, a rally ignited by a weakening of the U.S. dollar ...

Michigan baby formula plant to reopen in face of ongoing shortages

WASHINGTON D.C.: Following baby formula shortages throughout the United States, FDA Commissioner Robert Califf has said that Abbott Laboratories and ...

Indian private space launch company Skyroot sees first launch in 2023

NEW DELHI, India: Skyroot, India's first privately held company to design, build and test a solid rocket propulsion system, successfully ...

Greenback under pressure in Asia, stocks close mostly higher

SYDNEY, NSW, Australia - Stocks in Asia were mostly moderately higher at the close Monday, while the U.S. dollar was ...

Chinese voice criticism of $1,373 Gucci umbrella that cannot get wet

BEIJING, China: Chinese consumers have been vocal in their criticism of a $1,373 Gucci umbrella which should be kept out ...

Mercedes to install lighter batteries with 20-40% power boost

STUTTGART, Germany: Beginning in 2025, Mercedes-Benz will incorporate a new, highly energy-dense battery in its G-Class electric vehicles, potentially solving ...

Recession feared by as UK faces highest inflation in 40 years

LONDON, England: UK prices are rising at their fastest rate in 40 years, as higher energy bills are changing spending ...

Target reports profits down 52%, shares down 25%

MINNEAPOLIS, Minnesota: Amidst the rising costs of essentials, such as fuel and food, and the rapid return by consumers to ...

German Allianz pays $6 billion in fraud case, officials plead guilty

WASHINGTON D.C.: After its U.S. asset management unit pleaded guilty to criminal securities fraud after the collapse of a group ...

Court rules unconstitutional California law requiring women on boards

SACRAMENTO, California: In another blow to the state's push to diversify corporate leadership, a California court judge has ruled that ...

Nepal confirms African swine fever outbreak

KATHMANDU, Nepal - According to the World Organization for Animal Health (OIE), Nepal has reported its first cases of African ...

U.S. stocks turmoil evaporates in final hour of trading, major indices unscathed

NEW YORK, New York - U.S. stock markets reversed sharp losses in late trading to eke out minor gains in ...

April sees rise in US auto sales, restaurant spending

WASHINGTON D.C.: U.S. retail sales rose strongly in April, as consumers bought more motor vehicles and spent more at restaurants, ...

As salaries rise 7%, UK unemployment falls to historic low

LONDON, England: The UK's jobless rate fell to a 48-year low in the first three months of 2022, it was ...

Asian stock markets on rise after China's central bank move

SYDNEY, NSW, Australia - A reduction of the official lending criteria in China has boosted stocks on the mainland, and ...

Turkish lira falls another 2%, at lowest since December

ISTANBUL, Turkey: As state lenders reduced the amount of dollar sales to prop up the currency for the ninth consecutive ...

US trader faces 20 years in prison over cryptocurrency scam

NEW YORK CITY, New York: Federal officials have announced that Eddy Alexandre, CEO of Valley Stream trading, is facing charges ...

World Economic Forum: Andhra govt signs 3 MoUs, AMNS India announces Rs 1,000 crore investment

Davos [Switzerland], May 25 (ANI): ArcelorMittal Nippon Steel (AMNS) India on Tuesday announced that it will invest Rs 1,000 crore ...

Pandemic Creates New Billionaires as Global Inequality Rises

London - The world's billionaires have increased their wealth by trillions of dollars since the beginning of the coronavirus pandemic, ...

US to End Russia's Ability to Pay International Investors

Washington - The U.S. will close the last avenue for Russia to pay its billions in debt back to international ...

Nepal aims for economic growth and stability

Kathmandu [Nepal], May 24 (ANI): Unveiling plans and policies for the upcoming fiscal year, Nepal has announced its aim to ...

IMF warns of further downside risks for global economy

© Provided by Xinhua When talking about her outlook on the Chinese economy, Gopinath said, if China can deal with ...

SC stays NGT order imposing Rs 15 crore penalty upon Coca Cola bottling unit

New Delhi [India], May 24 (ANI): The Supreme Court has stayed the National Green Tribunal (NGT) order which imposed a ...

Foreign investment facilitation portal disposes off 853 FDI proposals in 5 years

New Delhi [India], May 24 (ANI): Foreign investment facilitation portal, which was launched in June 2017 following the abolition of ...

Coal production rises 36 per cent to 34 million tonnes in first half of May

New Delhi [India], May 24 (ANI): Coal production in India surged by 36.23 per cent year-on-year to 33.94 million tonnes ...

Top investor Rubenstein voices confidence in China's economy

© Provided by Xinhua In March, China set its economic growth target at around 5.5 percent for 2022, after it ...

Tiger Logistics aims to modernise shipping logistics through digital platform

New Delhi [India], May 24 (ANI/NewsVoir): Tiger Logistics (India) Limited, an international logistics and freight forwarding company is all set ...

Loansettlement.com launches new services offerings for debt counselling

New Delhi [India], May 24 (ANI/SRV): Loansettlement.com, India's leading debt settlement company helping customers in resolving their unsecured debt including ...

Aviator EMF invests in Emerald Leasing Finance through NCDs

New Delhi [India], May 24 (ANI/Digpu): Emerald Leasing FinanceInvestment Company is a dynamic enterprise, run by a diverse team determined ...

IT, metal, FMCG stocks drag Sensex 236 points down

Mumbai (Maharashtra) [India], May 24 (ANI): The Indian stock market's benchmark Sensex closed 236 points down on Tuesday dragged by ...

Survey expects lower growth, higher inflation in U.S.

© Provided by Xinhua The lower growth forecast occurs against the backdrop of the rising geopolitical uncertainty, surging inflation in ...

Sharp unveils a new affordable A3 Mono Multifunctional Printer for smaller workspaces

Hyderabad (Telangana) [India], May 24 (ANI/BusinessWire India): SHARP Business Systems (India) Pvt. Ltd, a wholly-owned Indian subsidiary of SHARP Corporation ...

Ke'Bryan Hayes, Pirates chase second straight win over Rockies

If recent results and the opener of a three-game series are any indication, the Pittsburgh Pirates and visiting Colorado Rockies ...

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To help US businesses, 35,000 foreign workers to be taken in

WASHINGTON D.C.: Due to the inability of businesses to hire enough workers, the U.S. has announced that it will grant ...

Panel Recommends New Names for Fort Bragg, Other US Army Bases

Washington - An independent commission on Tuesday recommended new names for nine U.S. Army posts that commemorated Confederate officers. Among ...

Researchers find hidden trove of massive black holes

Chappel Hill (North Carolina) [US], May 24 (ANI): A team of researchers at the University Of North Carolina has found ...

MLB roundup: Cards win on Paul Goldschmidt's slam in 10th

Paul Goldschmidt hit a walk-off grand slam with two outs in the 10th inning, giving the St. Louis Cardinals a ...

Mariners eke out 13th consecutive win over A's

Rookie Julio Rodriguez hit a three-run homer as the Seattle Mariners defeated the visiting Oakland Athletics for the 13th straight ...

Orioles outlast Rays for win in 11 innings

Rougned Odor's slow dribbler in the 11th inning made it through the infield as the Baltimore Orioles completed an improbable ...

Movie Review

The Lost Daughter
Lost Daughter

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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