Thu, 30 Mar 2023

New Jersey bank said to be first choice to buy Silicon Valley Bank

NEW YORK CITY, New York: Bloomberg News has reported that New Jersey-based Valley National Bancorp is bidding to purchase Silicon ...

Higher bond yields dent U.S. stock markets

NEW YORK, New York - U.S. stocks lipped on Tuesday as bond yields rose in the aftermath of the easing ...

Eli Lilly announces new plant in Ireland; Limerick site to employ 300

DUBLIN, Ireland: US pharmaceutical giant Eli Lilly has said it will build a $1bn medicine manufacturing site in Limerick. Lily ...

Violent pitching on business jet kills passenger over New England

WASHINGTON D.C.: The US National Transportation Safety Board has said that after an automated cockpit warning that switched off a ...

China economy remains slow as industrial profits down 4% in 2023

BEIJING, California: As the world's second-largest economy is still struggling to fully recover from the long-term effects of COVID-19, most ...

U.S. industrial stocks advance Monday, techs lag

NEW YORK, New York - Bank shares were being bought up on Monday as U.S. industrial stocks kicked the week ...

With eye on travelers, US reduces airline requirements at airports

WASHINGTON D.C.: To address summer airport congestion and low air traffic controller staffing levels, the Federal Aviation Administration (FAA) said ...

Canada tells Biden it will spend more on Great Lakes water quality

OTTAWA, Canada: After a meeting between Canadian Prime Minister Justin Trudeau and US President Joe Biden, Ottawa has pledged to ...

Closing of SVB Bank causes fall in deposits in small US banks

NEW YORK CITY, New York: Deposits at small U.S. banks throughout the country dropped the most since 2007 after the ...

Ford EVs will lose $3 billion pretax in 2023, says officials

DETROIT, Michigan: In a briefing for investors and analysts this week, Ford Motor Co. reported that while its electric vehicle ...

Hundreds of workers to be fired at Walmart's US fulfillment centers

BENTON, Arkansas: Reuters reported that due to a reduction or elimination in evening and weekend shifts, Walmart will lay off ...

Russian car buyers slowly learning to buy Chinese cars

MOSCOW, Russia: As western automakers have left Russia since the start of the Ukraine war, the Chinese have rushed in ...

Tottering Virgin space business receives $200 million from investor

LONDON, England: Reuters has reported that struggling Virgin Orbit, owned by billionaire Richard Branson, is nearing a $200-million investment deal ...

EV charger plants slowing down due to 'Made In America' rules

NEW YORK CITY, New York: To comply with the requirements of the "Made in America" laws, a $7.5 billion federal ...

Financing official: expect more banks to close

LONDON, England: During a Bloomberg conference held in London this week, Luke Ellis, CEO of hedge fund Man Group, said ...

U.S. stocks defy global gloom, concerns about giant German bank

NEW YORK, New York - Wall Street jumped on Friday, although gains were modest after bank shares in Europe came ...

30,000 teachers' aides, bus drivers, others strike at Calif. schools

LOS ANGELES, California: Some 30,000 education workers in Los Angeles, backed by teachers, went on a three-day strike, canceling school ...

Journalists denounce Beijing's efforts to influence perception of Italians through media

Rome [Italy], March 29 (ANI): Journalists blasted Chinese propaganda in Italy's top economic paper after it praised China's economic health ...

Sri Lankan envoy meets RBI governor, discusses bilateral economic cooperation

Mumbai (Maharashtra) [India], March 29 (ANI): Sri Lankan High Commissioner to India, Milinda Moragoda, met the Reserve Bank of India ...

Poland not ready to ditch zloty for euro

Keeping the national currency allows Warsaw to maintain independence and sovereignty, according to the central bankPoland's central bank governor, Adam ...

EU countries seek protection from Ukrainian grain

Poland and Romania want local farmers to be safeguarded against a flood of cheap importsPoland and Romania have appealed to ...

Elon Musk spars with Bill Gates over AI

The Tesla CEO has criticized Microsoft's partnership with OpenAI, a company he helped to found in 2015Elon Musk has taken ...

Indian stocks marginally higher Wednesday morning

New Delhi [India], March 29 (ANI): Indian stocks were marginally higher on Wednesday morning after closing largely steady during the ...

Chinese yuan weakens to 6.8771 against USD Wednesday

© Provided by Xinhua BEIJING, March 29 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the ...

Central Railways earns Rs 300 crore from ticketless travellers in 2022-23

Mumbai (Maharashtra) [India], March 29 (ANI): The Central railways have scored big earns this financial year, surpassing all the zonal ...

2 Pakistanis arrested in Greece for plotting terrorist attack at Jewish restaurant

Athens [Greece], March 29 (ANI): Greek authorities foiled a terrorist attack against Jewish and Israeli targets in the country and ...

US values in sharp decline poll

Americans no longer find patriotism, religion, children, or community involvement important, a Wall Street Journal survey has foundThe number of ...

Habitual pickpocket arrested in Hyderabad; gold chains worth Rs 18.5 lakh recovered

Hyderabad (Telangana) [India], March 29 (ANI): The Hyderabad police on Tuesday arrested a habitual pickpocket and recovered gold ornaments weighing ...

Pakistan's economy spiralling out of control as friendly nations refuse to offer support: Report

Islamabad [Pakistan], March 29 (ANI): Pakistan is in a fix as it has entered into a vicious cycle of borrowing ...

Rajasthan Samgrah Kalyan Sansthan organizes event on 'Samatva' at UN office

Geneva [Switzerland], March 29 (ANI): Rajasthan Samgrah Kalyan Sansthan (RSKS India) organized an event on 'Samatva' at the United Nations ...

India's exports hit record in 2022-23 at USD 750 bn: Piyush Goyal

New Delhi [India], March 28 (ANI): India's total exports crossed USD 750 billion with two-to-three days still left in financial ...

China: The case of protesting workers and indifferent state

Beijing [China], March 28 (ANI): Three months after the reversal of its zero-Covid mandate, China appears to be grappling with ...

Key takeaways from China Development Forum 2023

BEIJING, March 28 (Xinhua) -- At the China Development Forum 2023, which concluded on Monday, senior Chinese officials, leaders of ...

India will continue to work with African nations to promote regional security, enhance defence capabilities: Rajnath Singh

Pune (Maharashtra) [India], March 28 (ANI): Defence Minister Rajnath Singh on Tuesday said that India will continue to work with ...

G20 expert group on strengthening Multilateral Development Banks constituted

New Delhi [India], March 28 (ANI): A G20 expert group for strengthening multilateral development banks (MDBs) has been constituted under ...

Update: Asia's GDP expected to grow 4.5 pct in 2023: report

© Provided by Xinhua BOAO, Hainan, March 28 (Xinhua) -- The weighted real GDP growth rate of Asia in 2023 ...

US Concerned About Russia-Iran Partnership

The United States expressed concern Monday about the strengthening of ties between Russia and Iran."It should be a concern for ...

Upbeat economic outlook issued for China

S&P Global Ratings forecasts 5.5% GDP growth this yearChina's economy will grow this year, exceeding Beijing's official projections and supporting ...

China now bails out countries after pushing them into 'debt-trap'

Washington [US], March 28 (ANI): Since the end of World War II, the International Monetary Fund and the United States ...

Indian stocks largely steady Tuesday morning

New Delhi [India], March 28 (ANI): Indian stocks indices were largely steady Tuesday morning after closing on the higher side ...

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Trying to avoid general call-up, Russia offering men cash to join army

MOSCOW, Russia: A new campaign has begun across Russia to attract badly needed recruits to replenish its troop numbers for ...

Security concerns behind proposed US ban of TikTok

WASHINGTON D.C.: US House of Representatives Speaker Kevin McCarthy has said that lawmakers will move forward on legislation aimed at ...

In first, US tribal university to offer PhD degree

CROWNPOINT, New Mexico: Navajo Technical University, located on the largest Native American reservation in the US, has become the first ...

Seven dead, ten injured after chocolate factory explodes

WEST READING, Pennsylvania: An explosion occurred at a chocolate factory in Pennsylvania, killing seven people and seeing ten staff members ...

US, Canada looks to close border roads to migrants

OTTAWA, Canada: US President Joe Biden and Canadian Prime Minister Justin Trudeau have announced a plan to close a loophole ...

Migrants found in hot Texas freight train; two die, 10 hospitalized

UVLADE, Texas: Texas police stopped a Florida-bound freight train this week and discovered two migrants had died in a freight ...

Featured story

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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