Wed, 31 May 2023

Wall Street in disarray as divisions erupt again over debt ceiling

NEW YORK, New York - Republicans were in uproar Tuesday over the deal hammered out by President Joe Biden and ...

Ford, Tesla agree to use Supercharger technology for powering EVs

DETROIT, Michigan: After Ford Motor Co announced an agreement with Tesla to allow autos to be charged using the Tesla ...

Inflation forces Poland to plan raising minimum wage twice in 2024

WARSAW, Poland: Plans are underway in Poland to gradually raise the minimum wage twice in 2024. The wage plan has ...

China's domestic C919's to begin first commercial flight this week

BEIJING, China: China will put into commercial operation its first large passenger airliner, in a bid to challenge western plane ...

Global stocks mixed, American and UK markets closed

FRANKFURT, Germany - With U.S. and UK. markets closed for public holidays, it was left to European and broader global ...

Verizon to layoff 6,000 customer service employees

NEW YORK CITY, New York: The Verge has reported that Verizon Communications met with more than 6,000 customer service employees ...

Software glitch causes Vietnam electric vehicle recall

WASHINGTON D.C.: In response to a safety warning issued by the US National Highway Traffic Safety Administration, Vietnamese electric vehicle ...

As problems mount, electric truck maker Nikola warned of de-listing

NEW YORK CITY, New York: Electric truck manufacturer Nikola Corp said that Nasdaq has delivered a delisting notice for not ...

Target moving away from LGBTQ pride due to customer backlash

MINNEAPOLIS, Minnesota: Reuters reported that after facing a backlash from customers, Target is pulling some products from its Pride Collection ...

India's Tata chooses UK as site for new EV battery plant

LONDON, England: The BBC has reported that Jaguar Land Rover owner Tata Motors is planning to build a multi-billion pound ...

Facebook nears completion of eliminating 10,000 jobs

MENLO Park, California: As part of the last stage of a three-series round of staff layoffs, part of a plan ...

Baby formula manufacturers investigated by US for rigging bids

WASHINGTON D.C.: On its website, the US Federal Trade Commission (FTC) has said it is probing Abbott Laboratories and other ...

US Rep says expand China blacklist after ban on Micron chips

Representative Mike Gallagher, chair of the U.S. House of Representatives committee on China, says that after Beijing banned the sale ...

Investors bank on debt ceiling breakthrough, Nasdaq surges more than 2%

NEW YORK, New York - A relief rally hit Wall Street Friday as lawmakers made some progress on the debt ...

Effective management, governance, compliance practices essential to safeguard banks financial stability: RBI deputy governor

Mumbai (Maharashtra) [India], May 31 (ANI): Reserve Bank of India (RBI) Deputy Governor MK Jain said that effective risk management, ...

J-K's tourism blooms after abrogation of Article 370: Wall Street Journal

Srinagar (Jammu-Kashmir) [India], May 31 (ANI): Though some parts of Jammu and Kashmir are struggling economically, the region overall is ...

First IIT in Tanzania to open in October 2023

Zanzibar [Tanzania], May 31 (ANI): Indian Institute of Technology (IIT) will open its first-ever overseas campus in Tanzania's Zanzibar in ...

The "ute prince" who witnessed changes behind the wheel

© Provided by Xinhua URUMQI, May 31 (Xinhua) -- Alimjan Dawut, from northwest China's Xinjiang Uygur Autonomous Region, has covered ...

India transformed in less than a decade; different from 2013: Morgan Stanley report

New Delhi [India], May 31 (ANI): In a short span of 10 years, India has gained positions in the world ...

Xinhua Commentary: Washington is hitting gas on de-dollarization

© Provided by Xinhua The steady decline in the U.S. dollar's role as an international reserve currency is inevitable and ...

Opinion: Washington is hitting gas on de-dollarization

© Provided by Xinhua The steady decline in the U.S. dollar's role as an international reserve currency is inevitable and ...

U.S. stocks close mixed as debt ceiling deal goes to Congress

NEW YORK, May 30 (Xinhua) -- U.S. stocks ended mixed on Tuesday as investors weighed a tentative U.S. debt ceiling ...

U.S. dollar softens as traders await debt ceiling vote

NEW YORK, May 30 (Xinhua) -- The U.S. dollar weakened on Tuesday as traders waited for the vote on the ...

Nigeria releases 16 detained Indian sailors after 9-month ordeal

Abuja [Nigeria], May 31 (ANI): Nigeria has released 16 Indian sailors, who were detained last year in Equatorial Guinea and ...

U.S. woman begins 11-year jail for blood-testing hoax

HOUSTON, May 30 (Xinhua) -- Elizabeth Holmes, a former U.S. entrepreneur having founded blood-testing device startup Theranos, on Tuesday reported ...

Pakistan a 'very high concern' area in food insecurity: UN report

Islamabad [Pakistan], May 31 (ANI): Acute food insecurity in Pakistan is likely to rise in the next months if the ...

ECB inflation target "long way off": German experts

© Provided by Xinhua Despite an expected gradual slowdown in inflation in the eurozone, the ECB target is unlikely to ...

Gold rises as U.S. treasury yields fall

CHICAGO, May 30 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Tuesday ...

Indian Open of Surfing returns as surfers eye qualifications for Paris Olympics 2024

Mangaluru (Karnataka)[India], May 30 (ANI): The fourth Edition of the Indian Open of Surfing will see top Indian surfers like ...

Kodak moment: MS Dhoni's fam-jam picture with wife Sakshi, daughter Ziva post IPL win is all things love

Ahmedabad (Gujarat) [India], May 30 (ANI): After emerging victorious in IPL 2023, the Chennai Super Kings' "Captain Cool" Mahendra Singh ...

Screen sharing feature coming to WhatsApp for Android users

Washington [US], May 30 (ANI): WhatsApp keeps its users engaged with new features and updates for the platform. Now it ...

Interview: Montreux Jazz Festival readies to return to China, says CEO

by Martina Fuchs MONTREUX, Switzerland, May 30 (Xinhua) -- The iconic Montreux Jazz Festival in Switzerland is bracing for its ...

China explains rebuff of Pentagon's meeting proposal

Washington should 'show sincerity? and correct its ?wrong practices,? Beijing's Foreign Ministry spokeswoman has saidWashington can remedy the communication breakdown ...

AI extinction should be same priority as nuclear war experts

The Center for AI Safety has released a statement signed by 350 industry leaders, including the CEOs of OpenAI and ...

ECB inflation target "long way off": German experts

BERLIN, May 30 (Xinhua) -- The European Central Bank's (ECB) goal of keeping inflation below 2 percent "remains a long ...

Nigeria releases detained Indian soldiers after 9-month ordeal

Abuja [Nigeria], May 30 (ANI): Nigeria released Indian sailors, who were detained last year in Equatorial Guinea and later in ...

RBI plans a light weight and portable payment system, independent of conventional techs

Mumbai (Maharashtra) [India], May 30 (ANI): The Reserve Bank of India (RBI) on Tuesday said it conceptualised a lightweight and ...

31 billionaires are worth more than the US Treasury Bloomberg Index

Washington is running out of cash as Congress bickers over raising the government's borrowing limitThirty-one billionaires are currently wealthier than ...

BRICS could smash dollar dominance Jim ONeill

The five emerging nations have already outpaced the G7 in economic growth, the prominent economist has notedThe status of the ...

China comments on rejecting Pentagon's defense meeting overture

Washington should 'show sincerity? and correct its ?wrong practices,? Beijing's Foreign Ministry spokeswoman has saidWashington can remedy the communication breakdown ...

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Ford, Tesla agree to use Supercharger technology for powering EVs

DETROIT, Michigan: After Ford Motor Co announced an agreement with Tesla to allow autos to be charged using the Tesla ...

Pent up demand, drop in prices causes surge in US new home sales

CHICAGO, Illinois: Boosted by an ongoing shortage of previously owned houses on the market and a considerable drop in prices ...

Angels look to get off to quick start at White Sox

The Los Angeles Angels have hit four leadoff home runs this season, making their most recent connection in a road ...

Searching for sweep of Tigers, Rangers turn to Dane Dunning

The Texas Rangers will attempt to pick up their second three-game series sweep in as many weeks when they face ...

China's Boeing competitor faces a steep climb

The American lobby will likely try to shoot down the COMAC C919's monopoly-breaking ambitionsOver the weekend, China's new domestically designed ...

MLB roundup: Cubs clamp down on Rays again

Kyle Hendricks allowed one run over five innings in his second 2023 start and Mike Tauchman's tiebreaking RBI single in ...

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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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