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Business

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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 ...

Southeast Asia

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Gen. Hlaing tells the NDSC military needs more time to prepare for a 'free' poll

NAYPYITAW, Myanmar - According to an announcement broadcast by state-run media on Wednesday evening, members of Myanmar's National Defence and ...

Imran doesn't recognize "imported govt" as PM Sharif invites him to APC

LAHORE, Pakistan - Former Prime Minister Imran Khan questioned Prime Minister Shehbaz Sharif's "shamelessness" in a social media post criticizing ...

Ex-principal secretary of former Punjab PM charged with accepting bribes

GUJRAT, Pakistan - According to sources, police raided the home of former Punjab Chief Minister Parvez Elahi in Gujrat early ...

Serghei Spivac makes statement in win at UFC Fight Night

Serghei Spivac made relatively short work of Derrick Lewis in a battle of heavyweights in the main event of UFC ...

Pakistan: Soldier killed, seven injured in landmine explosion, subsequent attack by militants

Islamabad [Pakistan], February 5 (ANI): A soldier was killed and seven others were injured in a landmine explosion and subsequent ...

UAE leaders condole President of Pakistan on death of Pervez Musharraf

ABU DHABI, 5th February, 2023 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable ...

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