Tue, 07 Dec 2021

After decades of delays, Shell Oil gives up on UK's Cambo oilfield

LONDON, England: Shell Oil announced this week that it has abandoned its plans to develop the Cambo oil field west ...

China Evergrande worries keep lid on Asian stock markets

SYDNEY, NSW, Australia - Stocks in Asia closed modestly lower Monday as markets appeared to be coming to grips with ...

US saw only 210,000 hired in November, falls short of expectations

WASHINGTON D.C.: In a reversal of the predictions of expected job growth issued by economists, U.S. employers hired only 210,000 ...

Dollar Tree raises prices to $1.25 in first price increase in 35 years

CHESAPEAKE, Virginia: Discount retail chain Dollar Tree said it will raise its prices from $1 to $1.25 for most of ...

GM cathode battery plant seeks to lower cost of electric car batteries

DETROIT, Michigan: General Motors has announced that it will construct a new cathode factory in North America for its electric ...

Capital One takes lead among major bank by ending overdraft fees

MCLEAN, Virginia: Capital One bank has announced plans to cancel overdraft fees early next year, and becoming the largest bank ...

BMW new XM hybrid concept vehicle to begin production in 2022

MUNICH, Germany: Automaker BMW has announced the launch of its new concept plug-in hybrid electric vehicle, the first M class ...

To end chip shortage, build U.S. factories, says White House

DETROIT, Michigan: Commerce Secretary Gina Raimondo visited Detroit to highlight the urgent need to manufacture semiconductor chips in the United ...

Brit Air halts Hong Kong flights as China forces crews to quarantine

LONDON, England: British Airways has suspended flights to Hong Kong, after its crew members were reported to have been forced ...

Wall Street finishes week lower on poor jobs report and Omicron fears

NEW YORK, New York - U.S, stocks had a volatile day on Friday before all the major indices finished in ...

Experts say Ireland economy still 'fragile,' retail sales remain flat

DUBLIN, Ireland: Industry officials have said that they do not expect large jumps in retail spending to be seen before ...

Nissan head warns that Omicron Covid variant could harm auto industry

YOKOHAMA, Japan: The Covid Omicron variant of COVID-19 could add pressure to a chronic shortage of microchips used in car ...

Asian stocks make good gains, U.S. dollar drifts higher

SYDNEY, NSW, Australia - Stocks in Asia were mostly higher on Friday as investors and traders took emerging news about ...

Seaya, Cathay Innovation to fund Latin American startups

MEXICO CITY, Mexico: The venture capital firms, Spain's Seaya Ventures and France's Cathay Innovation, have established a joint fund aimed ...

U.S. stocks back on the rise Nasdaq climbs 123 points

NEW YORK, New York - U.S. stocks roared back to life Thursday shrugging off concerns about the new Covid variant ...

US Christmas trees jump in price due to drought, high gas prices

SANTA CLARITA, California: Amidst lower inventories this year, the price of farm-grown Christmas trees rose significantly.Brent Green, owner of a ...

New electric car factory in Beijing targets 300,000 cars annually

BEIJING, China: Chinese smartphone company Xiaomi has signed a cooperation agreement to build an electric auto assembly plant in Beijing ...

Stocks in Asia choppy, uncertain

SYDNEY, NSW, Australia - Asian stock markets were wary on Thursday after major falls on local markets and overseas over ...

Big jump in can costs could close many small craft beers: officials

BROOMFIELD, Colorado: One of the world's largest suppliers of aluminum cans, Ball Corp, is increasing the minimum number of cans ...

How much meat do we eat? New figures show 6 countries have hit their peak

Eating meat comes with an enormous environmental footprint, with food systems responsible for an estimated 34% of global emissions. And ...

India, Russia discuss Afghanistan, condemn cross-border terrorism; ink deal on AK-203 rifles, 28 pacts

New Delhi [India], December 7 (ANI): India and Russia on Monday discussed the evolving situation in Afghanistan, especially the security ...

India, Russia discuss Afghanistan, condemn cross-border terrorism; ink deal on AK-203 rifles, 28 other pacts

New Delhi [India], December 7 (ANI): India and Russia on Monday discussed the evolving situation in Afghanistan, especially the security ...

India, Russia discuss production of speciality steel under the Production Linked Incentive Scheme

New Delhi [India], December 6 (ANI): India and Russia on Monday held a discussion on the production of speciality steel ...

Hong Kong Threatens Wall Street Journal With 'Incitement'

Hong Kong's city's government has warned The Wall Street Journal it may have broken the law by publishing an editorial ...

CEO of US-based mortgage company fires over 900 employees on Zoom call

Washington [US], December 6 (ANI): Vishal Garg, the Indian origin Chief Executive Officer (CEO) of US-based mortgage provider company Better.com ...

Impact of Covid-19 pandemic on arms sales revealed

The pandemic doesn?t seem to have affected the global demand for weapons, according to a new report, which reveals the ...

Shift to EVs could cost half a million European jobs

A new study by the European Association of Automotive Suppliers (CLEPA) has found that half a million jobs could be ...

Digital payments increased over last 3 financial years: MoS Finance

New Delhi [India], December 6 (ANI): Union Minister of State for Finance, Bhagwat Kisanrao Karad in a written reply to ...

Why the UK shouldn't introduce mandatory COVID vaccination

As coronavirus infections surge across Europe, and with the threat of the omicron variant looming, countries are imposing increasingly stringent ...

FICCI appoints Hindustan Unilever Limited Chairman, MD Sanjiv Mehta as President-Elect

New Delhi [India], December 6 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) on Monday announced that ...

Mumbai Entrepreneurs Award 2021

Mumbai (Maharashtra) [India], December 6 (ANI/ Nova Realtime Solutions LLP): Mumbai is popularly stated as 'The Commercial Capital of India ...

Ukraine warns Germany set to make a mockery of EU

The head of Ukraine's state-owned energy company Naftogaz has called on Germany's regulatory agency to reject certification of the controversial ...

Omicron fears drag down US growth forecast

Goldman Sachs has downgraded its US economic growth forecast for 2022 from a previously expected 4.2% to 3.8%. The outlook ...

CPhI India concludes the 2021 Hybrid Edition of CPhI - P-MEC Expo along with Informa Pharma Intelligence

New Delhi [India], December 6 (ANI/PRNewswire): Informa Pharma Intelligence, one of the leading business intelligence providers and knowledge partners, concluded ...

Sonata Software recognized for its market-leading capabilities in Microsoft Dynamics 365

Bengaluru (Karnataka) [India], December 6 (ANI/PRNewswire): Sonata Software Ltd., a global IT services and technology solutions company, has been recognised ...

China is prominent, active member of WTO, says WTO spokesperson

© Provided by Xinhua Besides taking initiative in areas including e-commerce and development issues, China has also engaged actively in ...

Cogent E Services awarded and recognized for its phenomenal contribution to customer experience

New Delhi [India], December 6 (ANI/NewsVoir): During the "RISE Startup to Unicorn" event in New Delhi, Cogent E Services was ...

Penguins' Jake Guentzel faces Kraken with both on hot streaks

The Seattle Kraken might be near the bottom of the Western Conference standings, but they've fared relatively well against teams ...

80 years on, the attack on Pearl Harbour offers lessons for today

"Pacific Ablaze" read Australian papers on December 8 1941, as the world learned about the monumental events that unfolded only ...

Why a nationalists alliance in the EU parliament is necessary

The leaders of Europe's nationalist parties met in the Polish capital, Warsaw, on Saturday in an attempt to thrash out ...

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Southeast Asia

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Overcrowding in one Bangladesh city stifles other cities' growth too

DHAKA, Bangladesh - Over-concentrated development and overflowing population in the capital have had a significant negative influence on Bangladesh's gross ...

Junta fails to get international legitimacy

YANGON, Myanmar - Myanmar's underground government has hailed a United Nations credentials committee decision to keep the country's current envoy ...

Laos-China railway begins operating in December

VIENTIANE, Laos: A railway connecting Laos and China will begin operations, though significantly adding to Laos' debt burden.The railway line, ...

100 Bangladeshis are in Male jail for various crimes

HULHUMALE, Maldives - Bangladesh's high commissioner to the Maldives, Mohammad Nazmul Hasan, stated on Saturday that the diplomatic relationship between ...

Pak-WI T20I series to start on December 13 in Karachi

LAHORE, Pakistan - The Pakistan Covid-19 watchdog, the National Command and Control Center (NCOC), has allowed a packed capacity audience ...

Ruling coalition in Nepal asks Rana to go on leave, depute acting CJ

KATHMANDU, Nepal - On Thursday, top leaders from the five ruling coalition partners decided that Chief Justice Cholendra Shumsher Rana ...

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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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