Thu, 09 Feb 2023

U.S. tech stocks hit by 7 percent fall on Google parent, Alphabet

NEW YORK, New York - After a day of major gains, U.S. stock markets fell sharply Wednesday underscoring volatility as ...

SpaceX Starship launch in March called possibility

CAPE CANAVERAL, Florida: In a tweet this weekend, Elon Musk said that SpaceX may attempt a Starship rocket system launch ...

Officials hopeful as UK new car sales rise 14 percent in January

LONDON, England: The Society of Motor Manufacturers and Traders has reported that new car registrations in the UK rose for ...

Big jump in sales for Foxconn as China ends Covid restrictions

TAIPEI, Taiwan: After the end of COVID-19 disruptions in China, Taiwan's Foxconn, the world's largest contract electronics maker and major ...

U.S. stocks get boost from Fed chair, Nasdaq surges 226 points

NEW YORK, New York - Stocks ended sharply higher on Tuesday following mixed comments by Federal Reserve Chairman Jerome Powell.Powell ...

Media reports US to sue Amazon claiming antitrust violations

NEW YORK CITY, New York: The Wall Street Journal reported this week that the US Federal Trade Commission is preparing ...

Blaming cost of manufacturing, Nestle to raise prices for second year

VEVEY, Switzerland: In an interview with Frankfurter Allgemeine Zeitung this week, Nestle's Chief Executive Mark Schneider said the world's largest ...

Fed fails to cool economy as US sees 517,000 jobs created in January

WASHINGTON D.C.: Despite the efforts of the Federal Reserve Bank to cool the job market to help curb record-high inflation, ...

Nasdaq Composite loses one percent as Treasury yields bit

NEW YORK, New York - A sharp rise in U.S. Treasury yields kept buyers at bay on Wall Street on ...

102,000 job firings in US high tech in December, according to report

WASHINGTON D.C.: A report released this week detailed how, in January, layoffs in the US reached a more than two-year ...

Settlement reached in long-running Airbus, Qatar Air legal dispute

PARIS, France: Following an 18 month controversy that exposed the workings of the global jet market, Airbus and Qatar Airways ...

At US urging, Japan to stop exporting chip technology to China

TOKYO, Japan: Japan is preparing to revise legislation to allow it to restrict the export of advanced semiconductor manufacturing equipment ...

Shell Oil reveals record $40 billion profit in 2022

LONDON, England: Energy giant Shell Oil has announced a record profit of nearly $40 billion in 2022, capping an eventful ...

Hydrogen takes steps to develop hydrogen fuel cells for cars, trucks

TOKYO, Japan: Honda has announced that it will manufacture a new hydrogen fuel cell system, which was jointly developed with ...

As prices of EVs fall, manufacturer Rivian to reduce workforce by 6%

IRVINE, California: In an effort to cut costs in preparation for an industry-wide price war, electric vehicle manufacturer Rivian Automotive, ...

Seeking to stem losses, Intel to cut executive salaries

SANTA CLARA, California: One week after Intel forecasted lower-than-expected sales caused by a loss of market share to rivals and ...

Biden plan seeks to cut credit card fees, charges for apps

WASHINGTON D.C.: As part of a wider policy drive to increase competition in consumer markets, President Joe Biden has announced ...

As stocks and bonds suffer, Norway wealth fund sees record losses

OSLO, Norway: Ending a three-year run of profits as stock and bond prices were hit by rising inflation and Russia's ...

Weak global cues drag Sensex, Nifty lower in opening trade

Mumbai (Maharashtra) [India], February 9 (ANI): The domestic equity market on Thursday opened with losses, tracking weak global cues. Though ...

Shares of Alphabet fall 8 pc after Google rollout of AI search features

New York [US], February 9 (ANI): Shares of Alphabet fell 8 per cent on Wednesday after the Google parent company ...

2023 WM Phoenix Open: Preview, Props, Best Bets

The annual party is on at the Waste Management Phoenix Open, the 15th stop on the PGA Tour's FedEx Cup ...

Google's AI makes mistake in first demo

The firm hopes its fledgeling chatbot can compete with ChatGPT, which critics say is overly politicizedGoogle's Bard chatbot made a ...

GeM suitably placed to exceed its ambitious target: CEO PK Singh

New Delhi [India], February 8 (ANI): Chief Executive Officer of Government e-Marketplace (GeM) PK Singh on Wednesday said that the ...

Not looking to sanction India, our relations are most consequential: US

New Delhi [India], February 8 (ANI): US Assistant Secretary of State for European and Eurasian Affairs Karen Donfried on Wednesday ...

China's huge investments in countries, a front for debt trap diplomacy: Report

Beijing [China], February 8 (ANI): China has massively invested in over 150 countries majority of them being underdeveloped nations which ...

Why energy companies are making so much profit despite UK windfall taxes

Russia's invasion of Ukraine last year caused oil and gas prices to surge, triggering a cost of living crisis in ...

Golf Glance: WM Phoenix Open's $20M purse draws strong field

Field Level Media's Golf Glance provides weekly news and storylines from each of the major North American golf tours. PGA ...

China's warming economy new impetus to global growth

© Provided by Xinhua BEIJING, Feb. 8 (Xinhua) -- Well begun is half done. Off to a good start in ...

Indian stocks rally on a day RBI raises repo rate

New Delhi [India], February 8 (ANI): Indian stock markets continued with their early gains even after the announcement of the ...

New way to rearrange store products could boost impulse buying

Washington [US], February 8 (ANI): A data-driven strategy for rearranging merchandise on a regular basis allows merchants to improve new ...

Pakistan at beginning of worst economic crisis since country's formation: Report

Islamabad [Pakistan], February 8 (ANI): Pakistan is currently at the beginning of the worst economic crisis since the country's formation ...

Adani Power's revenue increased 44 pc in December quarter; profit declines

Ahmedabad (Gujarat) [India], February 8 (ANI): Adani Power's consolidated revenue from operations during the October-December quarter increased 44 per cent ...

Adani Wilmar's profits rise 16 pc, revenue 7 pc in Oct-Dec quarter

Ahmedabad (Gujarat) [India], February 8 (ANI): Adani Wilmar's consolidated net profits during the October-December 2022 quarter increased by 16.4 per ...

Plastic recycled jacket that PM Modi wore will be available for public

By Shailesh YadavBengaluru (Karnataka) [India], February 8 (ANI): The jacket that Prime Minister Narendra Modi wore today in the Parliament, ...

Has taken number of steps to strengthen resilience of Indian banks: RBI Guv

Mumbai (Maharashtra) [India], February 8 (ANI): Reserve Bank of India's Governor Shaktikanta Das on Wednesday said the central bank has ...

RBI expected to remain cautious with focus on achieving full growth potential: FICCI

New Delhi [India], February 8 (ANI): Subhrakant Panda, president of industry body FICCI has said the Reserve Bank of India ...

RBI refrains from giving any forward guidance: Governor Shaktikanta Das

Mumbai (Maharashtra) [India], February 8 (ANI): Reserve Bank of India's Governor Shaktikanta Das said the central bank has refrained from ...

Eight banks participated in digital currency project: RBI Deputy Governor

Mumbai (Maharashtra) [India], February 8 (ANI): Reserve Bank of India Deputy Governor T Sankar Rabi on Wednesday said eight banks ...

Real wages in Germany plummet data

The loss of spending power last year was driven by soaring inflation, official statistics showReal earnings in Germany decreased by ...

India to capitalize on demographic dividend, aims to become "skill" capital of world

New Delhi [India], February 8 (ANI): With nearly 65 per cent of its youth in the working age group, India ...

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New Myanmar sanctions imposed on second coup anniversary

WASHINGTON DC, USA - The United States and its allies have imposed new sanctions on Myanmar's military rulers as the ...

Students block capital road demanding fair trial over fellow student's death

DHAKA, Bangladesh - Students of Northern University blocked a busy Dhaka road to protest the death of their fellow student ...

Myanmar military expands martial law in 37 townships

YANGON, Myanmar - Myanmar's military has imposed martial law in anti-coup strongholds, subjecting people accused of everything from treason to ...

Belgian queen to discuss repatriation of Rohingya refugees with PM Hasina

DHAKA, Bangladesh - The queen of Belgium, Mathilde, has arrived in Dhaka for a three-day visit as an advocate for ...

Dhaka bans sale of antibiotics without prescription: Cabinet clears draft law

DHAKA, Bangladesh - On Monday, the Cabinet approved the draft of the Drugs and Cosmetics Act, 2023, which prohibits the ...

NTDC completes 100MW Pak-Iran transmission line

LAHORE, Pakistan - Following the prime minister's and federal minister for energy's directives, the National Transmission and Despatch Company Limited ...

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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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