Stock falls after Gap cuts 500 corporate jobs
SAN FRANCISCO, California: Amidst declining margins and weak sales of outdated clothes of its brands, including Old Navy and Banana ...
Many forced out as US rental apartments jump 10% in price
WASHINGTON D.C.: Young workers in the U.S. have been the group most harmed by surging rental prices, with many taking ...
US to allow more tourist flights to Cuba
WASHINGTON D.C.: The U.S. Transport Department has announced that the Biden administration has approved the expansion of U.S. flights to ...
McDonald's Russian successor planning full reopening in 2022
MOSCOW, Russia: After battling supply chain issues, potato shortages and a heftyrebranding job, the successor to McDonald's in Russia, Vkusno ...
Global financial markets in disarray, British pound plunges
NEW YORK, New York - U.S. and global stocks continued falling Friday in a dismal end to the week. The ...
UK caps energy prices for businesses this winter
LONDON, England: Businesses struggling with soaring energy costs have welcomed the British government's move to cap wholesale electricity and gas ...
Stocks in Asia on the nose, Australian market loses nearly 2 percent
SYDNEY, NSW, Australia - Stocks in Asia were sold off sharply across the board on Friday. Bonds dived as yields ...
Food, energy lead jump in Sri Lanka inflation to 70.2% in August
COLOMBO, Sri Lanka: The Department of Census and Statistics in Sri Lanka said consumer inflation surged to 70.2 percent in ...
Seeking rebound after Covid, Shanghai begins construction projects
SHANGHAI, China: After its economy slowed due to COVID-19 lockdowns in April and May, Shanghai, China's largest city, announced the ...
U.S. stocks reverse early gains and close in red, Nasdaq loses 153 points
NEW YORK, New York - Fears of a global recession coupled with higher inflation and even more aggressive interest rate ...
Congress hears from CEOs of U.S. banks at special hearing
WASHINGTON D.C.: The chief executives of JP Morgan, Bank of America, Citigroup, Wells Fargo and other major U.S. retail banks ...
Pepsi products leaving Russia due to invasion of Ukraine
MOSCOW, Russia: Some six months after it said it would halt sales and production following Russia's invasion of Ukraine, PepsiCo ...
Stocks in Asia continue sliding, Nikkei 225 drops 153 points
TOKYO, Japan - Stocks in Asia continued sliding Thursday, extending losses related to the U.S. Federal Reserve's aspirations to stamp ...
Asian tourists to return to large numbers by 2024, says Agoda CEO
BANGKOK, Thailand: Online travel agency Agoda predicts that Asian tourists will resume international travel at pre-pandemic levels by 2024. The ...
Following Covid, Thailand sees 2023 tourism revenues of $64.5 billion
BANGKOK, Thailand: Thailand expects to earn $64.50 billion in tourism revenues in 2023, according to government spokesperson Anucha Burapachaisri. As ...
75 basis points interest rate hike hits U.S. stocks, Nasdaq dives 205 points
NEW YORK, New York - Wall Street buckled on Wednesday and the U.S. dollar roared as the Federal Reserve delivered ...
To speed economic recovery, China to hurry construction projects
BEIJING, China: China state planners have said that even though the economy showed signs of renewed momentum last month, the ...
Loop Energy says new hydrogen engine as economic as diesel
BURNABY, Canada: Hydrogen fuel cell maker Loop Energy has announced that its latest hydrogen cell truck motor provides better fuel ...
Asian stock markets close lower ahead of FOMC decision
SYDNEY, NSW, Australia - Stocks in Asia wilted on Wednesday following further falls on Wall Street overnight.At the conclusion of ...
Protesters in Moldova call for new government as inflation strikes
CHISNAU, Moldova: Thousands of people in Moldova protested against high inflation and fuel prices, as well as demanded the resignation ...
US man faces prison term for $2.6 million COVID-19 relief fraud
FT. MEYERS, Florida: A Florida man, Daniel Joseph Tisone from Naples, has pleaded guilty to stealing COVID-19 relief funds worth ...
Fed fears undermine U.S. stocks, Nasdaq dives 110 points
NEW YORK, New York - U.S. stocks closed sharply lower on Tuesday, ahead of the completion of the two-day regular ...
After Russian war in Ukraine, Airbus reports more helicopter orders
PARIS, France: Airbus Helicopters CEO Bruno Even has said that he expects new orders and deliveries to continue rising in ...
Tesla hopes to sell 80,000 cars in Germany in 2022
BERLIN, Germany: German weekly Automobilwoche has reported that Tesla seeks to doubleits vehicle sales in Germany in 2022, to reach ...
Lack of standardisation of fees, quota are some reasons behind exodus of medical students: Report
New Delhi [India], September 25 (ANI): A report on medical education said various issues, such as lack of standardisation of ...
Italians Vote in Election That Could Take Far-Right to Power
Rome - The Italians voted Sunday in an election that could move the country's politics sharply toward the right during ...
Hong Kong stocks stumble to lowest since 2011
Hong Kong, September 25 (ANI): Hong Kong stocks sank to the lowest since 2011 as the increased rate dented market ...
Indian health solutions provider bags award in United States
Washington [US], September 25 (ANI): India-based health solutions provider SAMRIDH Blended Finance Facility has been declared the winner of the ...
BoG approves increase in retainers, match fees in 2022-23 domestic cricket contracts in Pakistan
Karachi [Pakistan], September 25 (ANI): Pakistan Cricket Board (PCB) announced the details of 2022-23 domestic contracts, which were approved by ...
Assam: 3 Rhino statues made from burnt horns stand tall at Kaziranga
Kaziranga (Assam) [India], September 25 (ANI): In a one-of-its-kind move, three rhino statues at the Kaziranga National Park have been ...
Foreign investors remain net buyers in India for third straight month
New Delhi [India], September 25 (ANI): Foreign portfolio investors (FPIs) have continued to remain net buyers in Indian equity markets ...
Chintan Shivir: Assam CM held deliberations with Sadhguru on development of state
Kaziranga (Assam) [India], September 25 (ANI): In a move to draw a roadmap for holistic development of the state and ...
US stocks tumble on rate hike concerns
NEW YORK, 24th September, 2022 (WAM) -- Wall Street's main indexes all tumbled to close well down on Friday, amid ...
3-day Chintan Shivir to prepare roadmap for holistic development of Assam by 2026: CM Sarma
Kaziranga (Assam) [India], September 25 (ANI): Assam Chief Minister Himanta Biswa Sarma on Saturday said that the main aim to ...
Billionaire investor warns worst is yet to come for US economy
Inflation cannot be cured, Carl Icahn saysLoose monetary policy has spawned record-high inflation in the US economy, a circumstance that ...
Ford forced to park thousands of unfinished vehicles media
Parts shortages have reportedly prompted the company to leave trucks at a former NASCAR trackFord Motor Co. continues to be ...
Rupee has held "very well" against US Dollar compared to other currencies: FM Nirmala Sitharaman
Pune (Maharashtra) [India], September 24 (ANI): The Indian Rupee has held "very well" against the US Dollar compared to other ...
Former Giants RB wins $28.5M verdict in medical case
A former New York Giants running back who filed suit against his medical team won a $28.5 million verdict, the ...
India showcases its growth story at 77th Session of UNGA
New York [US], September 24 (ANI): India on Friday (local time) showcased its growth story at a special event on ...
At Bihar rally, Shah highlights India becoming 5th largest economy in world overtaking UK
Kishanganj (Bihar) [India], September 24 (ANI): Highlighting the country's growth stride, Union Home Minister Amit Shah on Saturday said that ...
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Cyclone roars through Canada with 80 mph winds, damage called heavy
HALIFAX, Canada: Cyclone Fiona struck northeast Canada this weekend, with reports of houses being washed into the ocean, roofs torn ...
Royals reveal details of Queen Elizabeth II's final resting place
LONDON (CNN), 24 September 2022 - Buckingham Palace has released a photograph of Queen Elizabeth II's final resting place within ...
EU considers new sanctions against Russia, including cap on gas prices
BRUSSELS, Belgium: In response to a new escalation in Russia's war against Ukraine, the European Union is considering an oil ...
Invincible Defense Technology to put warring parties on path to peace
Longstanding divisive issues between Azerbaijan and Armenia resulting from or related to the Nagorno-Karabakh conflict remain unresolved, despite continuing efforts ...
US to seek death penalty against alleged New York bike path killer
WASHINGTON D.C.: The U.S. government said it will seek the death penalty for Sayfullo Saipov, the man charged with running ...
Hong Kong expected to reduce strict COVID-19 quarantine policy
HONG KONG: To keep the city connected with the rest of the world, while ensuring an "orderly opening-up," Hong Kong ...
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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