Sat, 25 Mar 2023

Mexico to become EV production hub despite low local demand

MEXICO CITY, Mexico: Amid Tesla's plan to open a $5 billion Gigafactory in the country, Mexico will soon become an ...

Amazon to cut 9,000 jobs, bringing total layoffs to 27,000

SEATTLE, Washington: In a memo to staff sent this week, Amazon CEO Andy Jassy said the company plans to cut ...

US loans $300 billion to banks following closing of SVB bank

WASHINGTON D.C.: The US Federal Reserve Bank has announced that cash-strapped banks throughout the US borrowed some $300 billion during ...

Catering to unique requirements of Indian startups at Gujarat's Gift City: Bank of Baroda

Mumbai (Maharashtra) [India], March 25 (ANI): State-owned Bank of Baroda announced that it is providing a range of solutions to ...

"Can have his jersey number on our shirts, caps": Delhi Capitals coach Ponting on Rishabh Pant's absence during IPL 2023

New Delhi [India], March 25 (ANI): Delhi Capitals skipper Ricky Ponting said on Friday that wicketkeeper-batter Rishabh Pant, who is ...

Spring training roundup: Twins score late to power past Yanks

Emmanuel Rodriguez hit a three-run homer in the top of the ninth inning as the Minnesota Twins scored five runs ...

Skeptical US Lawmakers Grill TikTok CEO Over Safety, Content

Washington - U.S. lawmakers grilled the CEO of TikTok over data security and harmful content Thursday, responding skeptically during a ...

Nepal gets USD 120 million World Bank loan to enhance education sector

Washington [US], March 25 (ANI): The World Bank has approved USD 120 million loan to support the implementation of the ...

World Bank approves USD 108 million to improve Assam's flood, disaster preparedness

New Delhi [India], March 25 (ANI): The World Bank has approved a USD 108 million loan to help Assam improve ...

Spring training roundup: Twins score late to power past Yankees

Emmanuel Rodriguez hit a three-run homer in the top of the ninth inning as the Minnesota Twins scored five runs ...

US Regulators: Banking System 'Sound and Resilient'

WASHINGTON - The multi-regulator U.S. Financial Stability Oversight Council (FSOC) agreed Friday that the U.S. banking system remains 'sound and ...

US, Canada Announce Deal on Asylum-Seekers During Biden Trip

U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau announced an immigration deal Friday to stop asylum-seekers from crossing ...

Food Deliveries Continue in South Sudan Despite Dangers

Juba, South Sudan - The shooting deaths of two drivers with the U.N.'s World Food Program in South Sudan last ...

Kiev labels EU bank 'sponsor of war

The move comes in response to Raiffeisen Bank's decision to maintain business operations in RussiaUkraine's National Agency on Corruption Prevention ...

China threatens US Navy after its warship's action in South China Sea

Seoul [South Korea], March 24 (ANI): China on Friday reacted angrily to the presence of a US warship near the ...

IMF asks Pakistan to provide external financing assurances for release of funds

Islamabad [Pakistan], March 24 (ANI): The International Monetary Fund (IMF) has asked Islamabad to provide external financing assurances before it ...

Ukraine labels Austrian bank 'sponsor of war

The move comes in response to Raiffeisen Bank's decision to maintain business operations in RussiaUkraine's National Agency on Corruption Prevention ...

China's listed firms perform well in advancing high-quality development

© Provided by Xinhua BEIJING, March 24 (Xinhua) -- With increased operating revenues and net profits in 2022, China's listed ...

ECB pressuring major bank to leave Russia Reuters

Austrian officials are reportedly defending Raiffeisen Bank's activities in the sanctioned countryThe European Central Bank (ECB) is pressuring Austria's Raiffeisen ...

How Vietnam is Trying to Stop Rice Warming the Planet

Can Tho, Vietnam - As a child, Dong Van Canh watched while the rice fields of Vietnam's Mekong Delta were ...

UK inflation accelerates data

Prices for food and non-alcoholic drinks have jumped to the highest level since 1977, official statistics showConsumer prices in the ...

World Bank President nominee Ajay Banga tests covid positive on arrival in Delhi

New Delhi [India], March 24 (ANI): The US nominee for World Bank President Ajay Banga, upon his arrival in New ...

Indian stock indices extend losses, fall marginally Friday

New Delhi [India], March 24 (ANI): Indian stocks extended their losses from the previous session and opened marginally lower on ...

Chinese manufacturers hail closer economic ties with RCEP countries

© Provided by Xinhua NANNING, March 24 (Xinhua) -- Every 10 minutes, a brand new loader rolls off the 150-meter-long ...

Ministry of Tourism to organize first Global Tourism Investors' Summit from May 17-19

New Delhi [India], March 24 (ANI): Ministry of Tourism organised a roundtable interaction with heads of mission in New Delhi ...

Why mortgage rates will not return to recent lows any time soon

The Bank of England base rate has increased steeply from 0.25% in January 2022 to 4.25% in March 2023. More ...

Bitcoin has no future Russian finance official

The top cryptocurrency is not a reliable tool for investment due to its volatility, Anatoly Aksakov claimsThe cryptocurrency market is ...

US economy heading for train wreck, billionaire warns

Continued interest rate hikes by the Fed could worsen the banking turmoil, according to Bill AckmanThe US economy is facing ...

Kenyan Economists Say Newly-Arrived Ukrainian Wheat Could Ease Hunger

Nairobi, Kenya - Kenyan economists say newly-arrived wheat imports from Ukraine could help ease hunger in drought-stricken areas and bring ...

State Bank of Pakistan likely to raise interest rate to unlock IMF loan programme

Karachi [Pakistan], March 23 (ANI): The State Bank of Pakistan (SBP) is likely to raise the interest rate by 2 ...

Eurozone cant recover wealth lost to energy crisis Lagarde

The burden will ultimately be shared between firms and workers, the head of the European Central Bank warnsThe euro area ...

Russia warns of future global oil shortage

Demand will exceed supply in the next three to five years due to a lack of investment in the industryThe ...

Indian stocks close in red on continued US Fed's interest rate hike

New Delhi [India], March 23 (ANI): Indian stocks settled lower on Thursday in line with weakness in the US markets, ...

Saudi Arabia refuses 'easy money' to Pakistan

Riyadh [Saudi Arabia], March 22 (ANI): Saudi Arabia is no longer willing to bail out Islamabad and refused to provide ...

Russia lifts veil on gold holdings

The country's bullion stockpile has continued to grow over the past year, according to the central bank's first public report ...

Greater risk of rupee weakness; RBI could press hard on brakes: Moody's

New Delhi [India], March 23 (ANI): The risk of weakness in currencies in the emerging economies in Asia is worrisome, ...

US Fed further hikes interest rate in fight against high inflation

Washington [US], March 23 (ANI): The US monetary policy committee, seeking to achieve maximum employment and inflation at the rate ...

24 major cities in Pakistan do not have access to clean water: Report

Karachi [Pakistan], March 23 (ANI): Almost 30 million Pakistanis have no access to clean water, 80 per cent of people ...

Indian stocks decline on US central bank's continued interest rate hike

New Delhi [India], March 23 (ANI): Indian stocks fell Thursday during the morning trade in line with weakness in the ...

US nominee for World Bank President Ajay Banga heads to India for final stop on global tour

Washington [US], March 23 (ANI): The US nominee for World Bank President Ajay Banga will visit New Delhi, India on ...

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Jump in reporting of new fungus found in US hospitals

WASHINGTON D.C.: The US Centers for Disease Control and Prevention (CDC) has reported that infections by the potentially deadly fungus ...

Copyright law to be decided by Supreme Court in Jack Daniel's toy case

WASHINGTON D.C.: The US Supreme Court will hear a trademark dispute over a dog toy shaped like a Jack Daniel's ...

Despite promises, girls again barred from schools in Afghanistan

KABUL, Afghanistan: Afghanistan's education ministry has announced that the country's school year has begun, but the United Nations children's agency, ...

Seeking to reduce tensions, ex-Taiwan PM Ma Ying-jeou to visit China

TAIPEI, Taiwan: In an effort to ease tensions between Taiwan and China, former Taiwanese President Ma Ying-jeou will visit Beijing ...

Following kidnapping, Frenchmen, US worker released in Africa

NIAMEY, Niger: Four weeks after US Secretary of State Antony Blinken visited Niger, an American aid worker and a French ...

Ukraine to receive more artillery shells from EU after agreement ok'd

BRUSSELS, Belgium: While chairing a meeting of EU foreign and defense ministers in Brussels this week, European Union (EU) foreign ...

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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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