Wed, 22 Mar 2023

US says citizens not to buy meds in Mexico, many contain fentanyl

WASHINGTON D.C.: The US State Department has issued a travel warning regarding dangerous fake pills sold at pharmacies in Mexico, ...

Mercedes modernizing EV plants in China, Germany, Hungary,

FRANKFURT, Germany: The German Automobilwoche magazine has reported that as part of its efforts to switch to selling electric vehicles ...

Banks rebound lifting U.S. stock markets, Nasdaq gains 45 points

NEW YORK, New York - U.S. stocks rallied on Monday following the weekend buy-in of Credit Suisse by UBS, which ...

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 ...

Deloitte agrees to pay $31 mln fine to China after mistakes in audit

BEIJING, China: Following the inability of China Huarong Asset Management Co Ltd to release financial reporting obligations in 2020, China ...

UBS to buy Credit Suisse for fraction of its value, Swiss government to underwrite losses

ZURICH, Switzerland - Depositors will be fully protected, shareholders will have their equity dwarfed, while bond holders will be largely ...

SpaceX, Netflix, Boeing join largest US business mission to Vietnam

HANOI, Vietnam: SpaceX, Netflix and Boeing will join what is described as the "biggest-ever" U.S. business mission to meet in ...

After winning Apple contract, Foxconn to build factory in India

TAIPEI, Taiwan: Reuters reported that after winning an order to manufacture wireless AirPods earphones for Apple for the first time, ...

Blocking China's chip industry will raise costs, warns founder of TSMC

TAIPEI, Taiwan: The founder of chip manufacturer TSMC, Morris Chang, said that he supports the efforts of the US to ...

Russia plans to take over Toyota's St. Petersburg plant, says TASS

MOSCOW, Russia: State run news agency TASS has reported that Russia's Industry and Trade Minister Denis Manturov said that Japanese ...

Washington buoyed by February retail sales growth

WASHINGTON D.C.: According to a report from the US Commerce Department, in February, US retail sales fell moderately, likely the ...

To grow S. Korea's chip industry, Samsung to invest $230 billion

SEOUL, South Korea: In line with the country's efforts to boost its chip industry, South Korea's Samsung Electronics said it ...

First Republic shares dive, U.S. stock markets reel

NEW YORK, New York - A dramatic fall in First Republic Bank' shares, despite a $30 billion lifeline extended to ...

Tyson Foods to close Arkansas, Virginia plants, 1,700 to lose jobs

SPRINGDALE, Arkansas: Tyson Foods said it will close two US chicken plants and lay off some 1,700 employees on 12th ...

Facebook expected to fire 10,000 as media companies contract

MENLO PARK, California: As the tech industry prepares for a major economic downturn, Facebook-parent company Meta Platforms has announced that ...

UN: School Meal Programs More than Just a Plate of Food

New York - Nearly 420 million children benefited from free school meals last year, a new World Food Program report ...

IMF's 'Pakistan' dilemma in lending: Report

Islamabad [Pakistan], March 22 (ANI): The International Monetary Fund (IMF) is in a dilemma regarding the sustainability of its funding ...

Amid SVB-led crisis, India plans to onshore innovations to Gujarat's GIFT City

New Delhi [India], March 21 (ANI): As Silicon Valley Bank-led crisis in the US banking system and contagion effect on ...

Japan-South Korea Summit: Countering China's aggression and North Korea's nuke threats

Tokyo [Japan], March 21 (ANI): In the world of fast-paced diplomatic activity, Japan and South Korea have shown that they ...

From policy to progress: India's steady march towards Sustainable Development Goals

New Delhi [India], March 21 (ANI): The world is witnessing an unprecedented rate of urbanization and development, however, this has ...

India's core inflation continue to defy softening input costs: RBI bulletin

Mumbai (Maharashtra) [India], March 21 (ANI): The Reserve Bank of India, in its monthly bulletin on Tuesday, noted that consumer ...

Indian stocks in green with focus on US monetary policy outcome

New Delhi [India], March 21 (ANI): Benchmark stocks in India closed Tuesday's trade in the green tracking positive overnight gains ...

China's express delivery sector grows as consumption recovers

© Provided by Xinhua BEIJING, March 21 (Xinhua) -- China's express delivery industry reported encouraging business performance in February, a ...

Standard Deviations: How An IMF Forecast For Russia Kicked Up A Storm

For more than a year now, Russia's economy has been pummeled by a series of Western sanctions aimed at punishing ...

B20 events in India's North East open door for opportunities in Bhutan

Thimphu [Bhutan], March 21 (ANI): The third B20 event was concluded in Sikkim last week at Chintan Bhawan, Gangtok. The ...

Of Sri Lanka's total USD 3-bln IMF package, USD 330-mln to be immediately disbursed

Washington [US], March 21 (ANI): Of the total USD 3 billion International Monetary Fund (IMF) approved fund for Sri Lanka, ...

Many including WHO, call G7 chair Japan to focus on issues other than Ukraine

Tokyo [Japan], March 21 (ANI): Japan, the current G7 chair, faces growing expectations from other members and international organizations to ...

Russia boosting trade with Egypt official

Bilateral cooperation boomed last year despite Western sanctions on MoscowRussia and Egypt are ramping up economic cooperation after a surge ...

Incorrect to blame Centre, says Anurag Thakur on Delhi Budget observations

New Delhi [India], March 21 (ANI): Union minister Anurag Thakur on Tuesday said that it was incorrect on the part ...

Swiss bank rescue threatens Western bond market Bloomberg

Credit Suisse was forced to write down billions worth of bonds as part of its merger with UBSThe merger between ...

Russian influencer accused of $1.55 million tax evasion scheme

An Instagrammer with more than four million subscribers allegedly cooked the books to hide the size of her coaching businessA ...

Türkiye reveals cost of earthquake damage

The EU has offered to help cover a small fraction of the reconstruction efforts following quakes that left more than ...

BJP is world's most important party: Wall Street Journal

New Delhi [India], March 21 (ANI): The BJP is the world's most important foreign political party and it may also ...

Rebound in global equities lifts Sensex up 248 pts in morning trade

Mumbai (Maharashtra) [India], March 21 (ANI): Domestic equity markets opened with gains on Tuesday, tracking stronger global cues. There is ...

India among small set of countries able to reduce core debt of corporate sector: Report

New Delhi [India], March 21 (ANI): India is among a small set of countries that have been able to reduce ...

India will have more than 140 mn air passengers in FY 2024: Jyotiraditya Scindia

New Delhi [India], March 21 (ANI): Union Minister of Civil Aviation and Steel Jyotiraditya M Scindia highlighted the various aspects ...

Amazon slashes more jobs

The retail giant has confirmed new cost-cutting, saying an additional 9,000 workers will be let go after firing 18,000 employees ...

US tech giant slashes more jobs

Amazon has confirmed new cost-cutting, saying an additional 9,000 workers will be let go after firing 18,000 employees in JanuaryAmerica's ...

Is Pakistan prepared as IMF swings towards inclusive growth?

Islamabad [Pakistan], March 20 (ANI): Pakistan is among the countries with the lowest inclusive growth and the lowest access to ...

Four ways to protect your small business from a banking crisis

The banking sector is currently experiencing great strain, which has resulted in several bank bailouts - most recently UBS' deal ...

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Techs jump in widespread U.S. stock markets advance

NEW YORK, New York - Wall Street continued its advance on Tuesday as investors continued to weigh up the health ...

US says citizens not to buy meds in Mexico, many contain fentanyl

WASHINGTON D.C.: The US State Department has issued a travel warning regarding dangerous fake pills sold at pharmacies in Mexico, ...

Mercedes modernizing EV plants in China, Germany, Hungary,

FRANKFURT, Germany: The German Automobilwoche magazine has reported that as part of its efforts to switch to selling electric vehicles ...

Banks rebound lifting U.S. stock markets, Nasdaq gains 45 points

NEW YORK, New York - U.S. stocks rallied on Monday following the weekend buy-in of Credit Suisse by UBS, which ...

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 ...

Deloitte agrees to pay $31 mln fine to China after mistakes in audit

BEIJING, China: Following the inability of China Huarong Asset Management Co Ltd to release financial reporting obligations in 2020, China ...

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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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