Wed, 07 Dec 2022

Mexico, US plan joint strategy to lure businesses back to N. America

WASHINGTON D.C.: Mexico's government announced that Mexican Economy Minister Raquel Buenrostro and U.S. Secretary of Commerce Gina Raimondo will draft ...

U.S. stocks trim losses towards close but Nasdaq Composite still loses 2%

NEW YORK, New York - Investors continued to bail out of U.S. stocks on Tuesday as mounting layoffs continued.Morgan Stanley ...

After Chinese bypass solar panel tariffs, US plans new restrictions

WASHINGTON D.C.: The U.S. Commerce Department gas says new duties on imports from some major Chinese solar panel makers will ...

United, Boeing in discussions for 'major' purchase of 787s

CHICAGO, Illinois: Reuters has reported that United Airlines and Boeing are close to reaching agreement for placing a major 787 ...

Recovery in travel industry helps AirAsia limit 3rd quarter losses

SINGAPORE: Benefiting from a strong rebound in travel and the easing of pandemic-related restrictions in Southeast Asia, the parent company ...

U.S., stock markets kick off new week with significant losses

NEW YORK, New York - U.S. stocks decelerated sharply on Monday in an ominous start to a new week. Bond ...

2022 will see historic high farm incomes in US

WASHINGTON D.C.: The U.S. Department of Agriculture reported that as producers are benefitting from high global grain and oilseed demand ...

Pfizer to spend $2.5 bln to expand Belgium, Irish factories

NEW YORK CITY, New York: Pfizer is set to invest more than $2.5 billion in its drug manufacturing operations in ...

Manufacturers predict US baby formula shortage to continue

NEW YORK CITY, New York: The infant formula shortage that has persisted in the U.S. for nearly a year, is ...

Apple returns to Twitter after Musk meeting with Tim Cook

Apple has "fully resumed" advertising on the Twitter social media platform, Bloomberg reported on Sunday, citing CEO Elon Musk's comments ...

Amtrak reports jump in riders, increased spending on infrastructure

WASHINGTON D.C.: According to U.S. rail company Amtrak, its ridership has nearly returned to pre-COVID-19 levels, rising by more than ...

Survey: Japanese manufacturing contracts for first time in 2 years

TOKYO, Japan: The results of a survey released this week showed that Japan's manufacturing activity contracted for the first time ...

CNN informs employees that layoffs are underway

ATLANTA, Georgia: As companies look to rein in costs and trim their headcount to brace for an economic slowdown, CNN's ...

US single-family home prices fall in September

CHICAGO, Illinois: Amidst higher mortgage rates, which are curbing demand, several surveys showed that U.S. single-family home prices slowed again ...

U.S. stock markets take a back seat, Nasdaq Composite retreats 21 points

NEW YORK, New - U.S. stocks were little changed at the close Friday after a volatile week.A labor report released ...

RBI to add new feature to UPI payment platform

Mumbai (Maharashtra) [India], December 7 (ANI): Reserve Bank of India Governor (RBI) Shaktikanta Das on Wednesday said it decided to ...

EU to expand anti-Russia sanctions FT

Brussels plans to ban investments in the mining industry, as well as target banks, media companies, and individuals, the Financial ...

Policy rate hike may affect EMIs of loans

Mumbai (Maharashtra) [India], December 7 (ANI): All eyes were on the Monetary Policy Committee meeting which concluded on Wednesday. Like ...

China's forex reserves rise in November

© Provided by Xinhua BEIJING, Dec. 7 (Xinhua) -- China's foreign exchange reserves rose to 3.1175 trillion U.S. dollars at ...

EU deepens anti-Russia sanctions FT

Brussels plans to ban investments in the mining industry, as well as target banks, media companies, and individuals, the Financial ...

Industry bodies welcome RBI's rate hike.

New Delhi [India], December 7 (ANI): The two industry bodies -- FICCI and PHD Chamber -- have appreciated the repo ...

Adjusted for inflation, policy rate still remains accommodative, says RBI Governor

Mumbai (Maharashtra) [India], December 7 (ANI): In the concluding meeting of the Monetary Policy Committee (MPC) on Wednesday, five out ...

UN calls for stronger multilateral solutions to deal with debt crisis

Geneva [Switzerland], December 7 (ANI): Stronger multilateral solutions are urgently needed to tackle the debt crisis facing developing countries, UNCTAD ...

RBI hikes repo rate to keep inflation anchored

New Delhi [India], December 7 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday announced the Monetary Policy ...

Jammu's 12th grader launched nano-satellite with help of ISRO

Jammu (Jammu and Kashmir) [India], December 7 (ANI): Onkar Batra, a 12th-standard student from Jammu launched his nano-satellite this month ...

RBI Monetary Policy Committee hikes policy rate by 35 bps to 6.25 per cent

Mumbai (Maharashtra) [India], December 7 (ANI): The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has ...

Markets open on a flat note as investors wait and watch

Mumbai (Maharashtra) [India], December 7 (ANI): The domestic markets opened on a flat note as investors wait and watch for ...

Gilgit Baltistan residents express discontent over China's CPEC

Gilgit Baltistan [PoK], December 7 (ANI): Pakistan's continuous efforts to keep the China-Pakistan Economic Corridor (CPEC) in progress are making ...

India's GDP growth expected to hover around 7 pct this year

© Provided by Xinhua Taking into account baseline assumptions, survey indicators, and model forecasts, real GDP growth is expected at ...

Global oil prices expected to remain high next year

© Provided by Xinhua Despite the recent drop in crude oil prices due to market concerns about global economic growth, ...

Chinese economic growth may never recover from COVID - here's why

Many countries have had to navigate the balancing act of keeping the economy alive versus protecting citizens from COVID in ...

Mohammed bin Rashid affirms Dubai's keenness to improve cooperation with global partners, support global economic growth

DUBAI, 6th December, 2022 (WAM) -- His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler ...

EU postpones vote on Ukraine aid after member state objects

Some officials have accused Hungary of delaying an $18 billion package to gain concessions from BrusselsEU finance ministers have postponed ...

Western sanctions won't stop demand for Russian oil Moscow

Embargoes can?t curb the global appetite for energy, according to Aleksandr NovakRussian oil will still be in high demand despite ...

US wants Ukraine to keep fighting Blinken

Negotiations now would lead to a ?phony peace,? the secretary of state saidThe US backs Ukraine's goal of forcefully retaking ...

India remains more resilient than other emerging market economies: World Bank

New Delhi [India], December 6 (ANI): In comparison to other emerging market economies (EMEs), India is less affected by growth ...

UK faces decade of lost growth report

The economy has already fallen into a 'short and shallow? recession, according to the Confederation of British IndustryThe British economy ...

Russia gives update on Ukrainian combat losses

Kiev's forces lost over 8,300 troops last month, according to the defense ministryThe Ukrainian Armed Forces lost over 8,000 troops ...

EU postpones vote on Ukraine aid amid bloc member's opposition

Some officials have accused Hungary of delaying an $18 billion package to gain concessions from BrusselsEU finance ministers have postponed ...

2016 Demonetisation: "Can examine the manner in which decision was taken," says SC

New Delhi [India], December 6 (ANI): The Supreme Court on Tuesday said that it has the power to examine the ...

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Musk confirms that apple to resume advertising on Twitter

SEATTLE, Washington: Amazon.com is planning to resume advertising on Twitter, pending some security tweaks to the company's ads platform, purchasing ...

Mexico, US plan joint strategy to lure businesses back to N. America

WASHINGTON D.C.: Mexico's government announced that Mexican Economy Minister Raquel Buenrostro and U.S. Secretary of Commerce Gina Raimondo will draft ...

U.S. stocks trim losses towards close but Nasdaq Composite still loses 2%

NEW YORK, New York - Investors continued to bail out of U.S. stocks on Tuesday as mounting layoffs continued.Morgan Stanley ...

After Chinese bypass solar panel tariffs, US plans new restrictions

WASHINGTON D.C.: The U.S. Commerce Department gas says new duties on imports from some major Chinese solar panel makers will ...

United, Boeing in discussions for 'major' purchase of 787s

CHICAGO, Illinois: Reuters has reported that United Airlines and Boeing are close to reaching agreement for placing a major 787 ...

Recovery in travel industry helps AirAsia limit 3rd quarter losses

SINGAPORE: Benefiting from a strong rebound in travel and the easing of pandemic-related restrictions in Southeast Asia, the parent company ...

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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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