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International Business

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To prevent fuel price hikes, India sets windfall tax on oil producers

NEW DELHI, India: As the Indian government aims to increase local fuel supplies to meet rising demand and boost federal ...

Exxon tells shareholders to expect $16 billion Q2 profits

HOUSTON, Texas: Exxon Mobil Corp said this week that profits from skyrocketing fuel prices could result in a record $16 ...

IKEA says store inventories return to pre-Covid levels

DELFT, Netherlands: IKEA officials said this week that the furniture retailer's warehouses in Europe are as full as they were ...

21 percent six-month loss strips S&P 500 of $8 trillion in value

NEW YORK CITY, New York: After the first six months of 2022, the S&P 500 recorded a loss of 20.6 ...

Washington reports US economy falls 1.6 percent in Q1 2022

WASHINGTON D.C.: Due to the record high trade deficit and a resurgence in COVID-19 infections that curbed spending on services, ...

Chip design center to be built by MediaTek, Indiana Purdue University

TAIPEI, Taiwan: The world's fourth largest chip designer by revenue, Taiwan's MediaTek, has told Reuters that it plans to create ...

International

Section
Rescuers find 3 alive, 27 missing after boat sinks off Hong Kong

HONG KONG: An engineering vessel with 30 people on board went missing 200 miles off Hong Kong after it snapped ...

As Covid cases rise in France, no return to mandatory restrictions

NICE, France -As some 1,000 Frenchmen are being hospitalized daily with Covid infections, French officials have "invited" or "recommended" the ...

In "geopolitical signal," UE, New Zealand sign free trade pact

BRUSSELS, Belgium: Negotiations on a free trade agreement between the European Union and New Zealand ended successfully this week, paving ...

After shark kills swimmer, Egyptian authorities close Red Sea beach

CAIRO, Egypt: Egyptian authorities have prohibited swimming in a stretch of the Red Sea after an Australian woman was killed ...

US flight attendant to mark 65 years serving air passengers

NEW YORK CITY, New York: Bette Nash, age 86, has been named the longest serving flight attendant in the world, ...

UK parliament tells members to leave babies at home

LONDON, England: A UK parliamentary committee has told lawmakers that they may not bring babies to parliamentary proceedings and debates.The ...

Movie Review

The Asphalt Jungle
Asphalt Jungle