Fri, 29 Sep 2023

Ford puts Michigan EV battery plant work on hold due to union issues

DEARBORN, Michigan: Due to concerns about its ability to operate competitively while it is locked in broader union contract negotiations, ...

Air Canada to acquire 18 787 Dreamliners from Boeing

OTTAWA, Canada: As part of its plan to capitalize on strong travel demand and deploy fuel-efficient airplanes, this week, Air ...

Adidas launches newest running shoes costing $500

LONDON, UK: This week, Adidas' newest running shoes, the Adizero Adios Pro Evo 1, went on sale for US$500. Worn ...

U.S. stocks struggle, techs however eke out minor gain

NEW YORK, New York - U.S. stocks remained on a slippery slope on Wednesday as interest rates continued to hover ...

Company says, ChatGPT will hear and speak with users

SAN FRANCISCO, California: In a major update that will move it closer to popular artificial intelligence (AI) assistants, such as ...

Nissan to make only EV models for Europe by 2030

YOKOHAMA, Japan: Joining a growing number of carmakers that are shifting to electric vehicles (EV) by the end of the ...

Nasdaq Composite drops 208 points Tuesday

NEW YORK, New York - There was a major bust on Wall Street on Tuesday as investors continued to fret ...

UAW stir hits GM, Stellantis dealers, customers with parts shortage

DETROIT, Michigan: This week, the United Auto Workers (UAW) expanded its members' strike to include dealers selling and servicing General ...

Toyota aiming for over 600,000 electric vehicles by 2025

TOKYO, Japan: Toyota Motor (7203.T) is ramping up its production of electric vehicles (EVs) under both the Toyota and luxury ...

240,000 Ford EcoSport SUVs being investigated for oil pump failures

WASHINGTON D.C.: After consumer complaints of oil pump failures, the National Highway Traffic Safety Administration's (NHTSA) Office of Defects Investigation ...

U.S. stocks make minor gains, Nasdaq Composite climbs 60 points

NEW YORK, New York - With no major news Monday, and nothing on the horizon, U.S. stocks remained little moved, ...

US Federal Reserve cutting 300 people from payroll

WASHINGTON D.C.: In a small but rare reduction to its headcount, which has grown steadily since 2010, the US Federal ...

Rite Aid may close over 400 stores, allow creditors to run operations

CAMP HILL, Pennsylvania: This week, the Wall Street Journal (WSJ) reported that Rite Aid could shut down some 400 to ...

US Transportation Secretary says New York's ATC needs more staff

WASHINGTON D.C.: U.S. Transportation Secretary Pete Buttigieg has criticized the air traffic control staffing shortages in New York as "unacceptable" ...

Will 'quiet the noise' in culture wars, Disney CEO tells investors

BURBANK, California: A note by Needham media analyst Laura Martin released this week revealed that CEO Bob Iger told investors ...

$14 billion takeover bid by JIP a success: Toshiba

TOKYO, Japan: This week, Toshiba revealed that a tender offer worth US$14 billion from Japan Industrial Partners (JIP) was a ...

Post approval, Vietnam's VinFast to deliver EVs to Europe this year

HANOI, Vietnam: While the European Union (EU) is set to impose tariffs on its Chinese rivals, Vietnamese electric vehicle (EV) ...

NBA 2K League hires Andrew Perlmutter as CEO

(Photo credit: USA Today Sports Images) The NBA 2K League has hired Andrew Perlmutter as its first chief executive officer ...

Chinese hackers stole 60,000 US State Department emails

Washington, DC [US], September 29 (ANI): The Chinese hackers breached multiple US governments and stole around 60,000 emails from senior ...

EU state's housing market crashing Bloomberg

Construction of new homes in Finalnd has reportedly dropped to the lowest level since the 1940sThe housing market in Finland ...

Ukraine's counteroffensive is done on foot Kiev's intelligence chief

Kirill Budanov says the use of armored vehicles by Ukrainian forces is minimalMost of Kiev's counteroffensive operation is being conducted ...

External pressure strengthening Russian economy Putin

Regional authorities should support businesses willing to fill the void left by Western firms, the president has urgedWestern pressure on ...

UAE President receives President of Union of Comoros

Abu Dhabi [UAE], September 28 (ANI/WAM): UAE President Sheikh Mohamed bin Zayed Al Nahyan today received Azali Assoumani, President of ...

Amit Shah condoles death of MS Swaminathan, calls him "legendary figure in India's economic history"

New Delhi [India], September 28 (ANI): Union Home Minister Amit Shah condoled the death of Agricultural scientist MS Swaminathan and ...

US meddling in EU state's election Russian intelligence

Washington will stop at nothing to ensure a loyal government remains in power in Slovakia, Moscow has claimedThe US is ...

"Perturbed, rattled and scared": Abhishek Banerjee on coincidental ED summons

Kolkata (West Bengal) [India], September 28 (ANI): Trinamool Congress (TMC) General Secretary Abhishek Banerjee took a dig at the central ...

India's balance of payments shows improvement in Q1: 2023-24

Mumbai (Maharashtra) [India], September 28 (ANI): The Reserve Bank of India (RBI) has released preliminary data on India's Balance of ...

Finnish housing market crashing Bloomberg

Construction of new homes has reportedly dropped to the lowest level since the 1940sThe housing market in Finland is facing ...

China turning to cities like Shenyang to squeeze more productivity from region's factories: Report

Beijing [China], September 28 (ANI): China is turning to cities like Shenyang to squeeze more productivity and efficiency out of ...

Despite signs of stabilisation, full recovery not assured: IMF on Sri Lanka

Colombo [Sri Lanka], September 28 (ANI): Despite early signs of stabilisation, full economic recovery in Sri Lanka is not yet ...

'Crucial to equip youth with necessary skills': Union Minister Dharmendra Pradhan presides over signing of MoUs with IBM

New Delhi [India], September 27 (ANI): Union Minister of Education and Skill Development and Entrepreneurship Dharmendra Pradhan on Wednesday presided ...

More gloom ahead for UK economy study

Persistent inflation is among the factors expected to damage growth prospects, according to a US think tankThe British economy will ...

Texas AM turns to QB Max Johnson against Arkansas

(Photo credit: Maria Lysaker-USA TODAY Sports) Texas AM will have a new quarterback under center for Saturday's Southeastern Conference clash ...

Total market borrowings by States, UTs during Oct-Dec quarter expected to be Rs 2.37 lakh cr: RBI

Mumbai (Maharashtra) [India], September 27 (ANI): The quantum of total market borrowings by the states and Union Territories during the ...

India-Russia ties extremely steady FM

Subrahmanyam Jaishankar described relations between Moscow and New Delhi as strong despite broader geopolitical changesIndian Foreign Minister Subrahmanyam Jaishankar has ...

Why central banks should stop raising interest rates

Mortgage borrowers breathed a sign of relief following a recent pause in the Bank of England's 14-month campaign of base ...

Justin Rose touts 'open-door policy' as Europe's most veteran player

(Photo credit: Kyle Terada-USA TODAY Sports) Father Time has not caught up to Justin Rose just yet. The Englishman may ...

Ethiopia expects to attract more Chinese tourists, official says

© Provided by Xinhua Efforts are underway to create a conducive environment for Chinese tourists so as to tap into ...

ISRO chief sees potential in space sector beyond just building rockets, satellites

New Delhi [India], September 27 (ANI): ISRO Chairman S Somanath on Wednesday said he sees substantial potential in the Indian ...

No rebound in sight for German economy experts

Gross domestic product will fall 0.5% this year, according to the IMK instituteGermany's GDP is expected to shrink by 0.5% ...

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US FDA warns healthcare companies, exporters of cough syrups

WASHINGTON D.C. After hundreds of deaths overseas from contaminated cough syrups, the U.S. Food and Drug Administration (FDA) has cracked ...

Migrant surge has pushed El Paso to 'breaking point', says mayor

EL PASO, Texas: Over the weekend, Oscar Leeser, Mayor of El Paso, said that the surge in migrants crossing the ...

Hong Kong court jails journalists' group chief for obstructing police

HONG KONG: This week, Ronson Chan, chairman of the Hong Kong Journalists Association, was sentenced to five days jail for ...

US plans hotline with China to prevent crisis in space

WASHINGTON D.C.: In an interview with Reuters this week, U.S. commander General Chance Saltzman said the United States Space Force ...

Fifty world leaders call on UN to bring about peace in Ukraine

As it did last year, the 2023 United Nations General Assembly has been debating what role the United Nations and ...

Criminal from Louisiana caught in Mexico after 32 years

BATON ROUGE, Louisiana: Authorities said that Greg Lawson, who fled his 1991 trial in Louisiana for attempted murder 32 years ...

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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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