Fri, 03 Feb 2023

Concerns about recession in Germany after economy shrinks in Q4

FRANKFURT, Germany: Data released this week showed that the German economy unexpectedly shrank in the fourth quarter of 2022, indicating ...

China to allow return of Japanese tourists following retaliatory ban

TOKYO, Japan: In a statement posted on the website of the Chinese Embassy in Tokyo, Beijing announced that it will ...

Sellers hit U.S. dollar, greenback crumbles

NEW YORK, New York - The U.S. dollar crumbled on Thursday after first posting gains. The late afternoon sell off ...

Roller-coaster ride for U.S. stocks Wednesday, Nasdaq stars with 2% gain

NEW YORK, New York - Wall Street dove into the red Wednesday after the U.S. Federal Reserve Open Market Committee ...

Report says US consumer spending fell in December wh

WASHINGTON D.C.: In the latest indication that its interest rate hikes are slowing the US economy, the Federal Reserve's main ...

China says shipments of smartphones in 2022 falls to lowest in decade

BEIJING, China: As COVID-19 restrictions and a slowing economy curbed consumer demand in 2022, China's smartphone sales witnessed a record ...

To reach out to public, Japanese vending machines selling whale meat

TOKYO, Japan: After struggling for years to promote its products amid protests from conservationists, Japanese whaling company Kyodo Senpaku announced ...

Air India begins update with purchase of nearly 250 aircraft

NEW DELHI, India: Marking a year since the Tata Group took control of Air India, the former state-run carrier has ...

Tech stocks lead U.S. markets rally, Nasdaq Composite climbs 191 points

NEW YORK, New York - A slowing of wages growth in the fourth quarter, as reported by the Labor Department, ...

Profits down 9% at American Express due to late customer payments

NEW YORK CITY, New York: As it sets aside more funds to cover potentially bad loans, American Express announced that ...

UK airline Flybe goes out of business, cancels all flights

LONDON, England: Flybe, a British regional airline, abruptly closed operations on January 28. The airline offered flight to Belfast, Birmingham ...

Mobileye forecasts higher revenue in 2023

JERUSALEM, Israel: As demand for its driver-assistance technology rises among vehicle-makers, Mobileye Global is forecasting revenues for the 2023 fiscal ...

U.S. stocks fade ahead of Federal Reserve Meeting

NEW YORK, New York - U.S. stocks closed sharply lower Monday as investors fretted over which way the Federal Reserve ...

Adani says Hindenburg Research report a 'lie'

Ahmedabad (Gujarat) [India], January 30 (ANI/Big News Network): The Adani group, in a sharp and focused response to Hindenburg Research's ...

South Korea to aid public with more energy vouchers

SEOUL, South Korea: South Korean officials have said that the government will double energy vouchers and provide discounts on gas ...

Merger talks underway between cigarette makers, Juul e-cigarettes

WASHINGTON D.C.: The Wall Street Journal has reported that e-cigarette maker Juul and three tobacco giants are negotiating potential sale, ...

Tesla pins hopes on new Nevada battery factor to bring down prices

AUSTIN, Texas: Tesla gas announced an investment of more than $3.6 billion to expand its Nevada Gigafactory complex with the ...

Opposition rising to US tax credits for EVs not meeting sourcing rules

WASHINGTON D.C.: US Senate Energy and Natural Resources Committee chair Joe Manchin has introduced legislation that imposes battery sourcing requirements ...

Singapore says core inflation up 5.1 percent in December

SINGAPORE: In December, Singapore saw its key consumer price gauge rise 5.1 percent, higher than predicted, official data said. However, ...

Weak 2023, predicts US defense contractor General Dynamics

RESTON, Virginia: Amidst labor and supply shortages, US defense contractor General Dynamics forecasted weak 2023 results, though strong demand for ...

Canada Welcomes Record Number of Immigrants, Seeks More

Canada is touting the arrival of a record number of new permanent residents in 2022, consolidating its status as one ...

Ajit Doval meets USIPF board members, discuss enhancing cooperation in defence, space

Washington [US], February 3 (ANI): National Security Advisor Ajit Doval met the board members of the US-India Strategic Partnership Forum ...

ChatGPT: The Promises, Pitfalls and Panic

Excitement around ChatGPT - an easy to use AI chatbot that can deliver an essay or computer code upon request ...

We expect RBI to implement final rate hike in February and change stance to neutral: Morgan Stanley

New Delhi [India], February 2 (ANI): The fiscal prudence highlighted in the Budget document for 2023-24 along with consistently moderating ...

Discord integration on Sony PS5 arrives for beta testers

Washington [US], February 2 (ANI): Starting today, beta testers in the United States, Canada, Japan, and the United Kingdom will ...

J-K: After GI tags, J-K handicrafts get QR labels, sell like hotcakes in global markets

Jammu and Kashmir [India], February 2 (ANI): In a major achievement, Jammu and Kashmir has become the first region in ...

Taliban welcomes Indian Budget 2023-24, says will help improve ties between nations

Kabul [Afghanistan], February 2 (ANI): The Taliban on Thursday welcomed India's Union Budget 2023-2024, and said the aid announcement by ...

"It is anti-people budget," CPI (M) leader Chigurupati Babu slams Union Budget

Vijayawada (Andhra Pradesh) [India], February 2 (ANI): Communist Party of India (Marxist) leader Chigurupati Babu Rao on Thursday called the ...

Pakistan's economic growth will contract by 0.3 pc in fiscal year 2023: Report

Islamabad [Pakistan], February 2 (ANI): Pakistan's economic growth will contract by 0.3 per cent in the current fiscal year 2023 ...

ECB raises rates by 50 bps

© Provided by Xinhua The interest rates on the main refinancing operations and on the marginal lending facility and the ...

Brought down wasteful, unproductive expenditures for macroeconomic stability: Finance Secy on Budget 2023

New Delhi [India], February 2 (ANI): The Union Budget was prepared with an aim to increase the GDP growth, bring ...

Chhattisgarh: GDP growth rate was over 8pc during UPA govt, now it's 6.3 pc and they call it Amrit Kaal, says CM Baghel

Raipur (Chhattisgarh) [India], February 2 (ANI): Chhattisgarh Chief Minister Bhupesh Baghel has compared the GDP growth rate of the nation ...

Tata Consumer Products profit up 28 pc in third quarter

New Delhi [India], February 2 (ANI) Tata Consumer Products on Thursday posted a 28 per cent jump in its profit ...

"Its a growth-oriented budget," CM Bommai lauds Union Budget

Bengaluru (Karnataka) [India], February 2 (ANI): Karnataka Chief Minister Basavaraj Bommai on Thursday termed the recently released Union Budget "growth-oriented" ...

Indian Railways revenue earnings up by 73 pc in passenger segment

New Delhi [India], February 2 (ANI): The total approximate earnings in the passenger segment for Indian Railways on originating basis ...

India's continued capital expenditure push will give fillip to growth: Fitch Ratings

New Delhi [India], February 2 (ANI): The government's continued focus on capital investment will give a boost to India's growth, ...

EU struggles to agree price cap on Russian oil products

Poland and the Baltic states say the proposed level is too generous to MoscowEU nations will try to reach a ...

Budget 2023 reflects vision for next 25 years: UP CM Yogi Adityanath

Lucknow (Uttar Pradesh) [India], February 2 (ANI): Emphasizing that the Union Budget 2023-24 is inclusive, that includes all the sections ...

Union Finance Minister Sitharaman to brief BJP MPs on Budget 2023 tomorrow

By Payal MehtaNew Delhi [India], February 2 (ANI): Union Finance Minister, Nirmala Sitharaman who presented the Narendra Modi government's last ...

FedEx laying off more than 10 pc of its management ranks

Memphis (Tennessee) [US], February 2 (ANI): FedEx Corp is laying off more than 10 per cent of its global management ...

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Nasdaq Composite jumps more than 3 percent on Meta surge

NEW YORK, New York - Technology stocks had a hay day Thursday with Facebook parent Meta rocketing up nearly 30 ...

Concerns about recession in Germany after economy shrinks in Q4

FRANKFURT, Germany: Data released this week showed that the German economy unexpectedly shrank in the fourth quarter of 2022, indicating ...

China to allow return of Japanese tourists following retaliatory ban

TOKYO, Japan: In a statement posted on the website of the Chinese Embassy in Tokyo, Beijing announced that it will ...

Sellers hit U.S. dollar, greenback crumbles

NEW YORK, New York - The U.S. dollar crumbled on Thursday after first posting gains. The late afternoon sell off ...

Roller-coaster ride for U.S. stocks Wednesday, Nasdaq stars with 2% gain

NEW YORK, New York - Wall Street dove into the red Wednesday after the U.S. Federal Reserve Open Market Committee ...

Report says US consumer spending fell in December wh

WASHINGTON D.C.: In the latest indication that its interest rate hikes are slowing the US economy, the Federal Reserve's main ...

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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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