Tue, 07 Feb 2023

Settlement reached in long-running Airbus, Qatar Air legal dispute

PARIS, France: Following an 18 month controversy that exposed the workings of the global jet market, Airbus and Qatar Airways ...

At US urging, Japan to stop exporting chip technology to China

TOKYO, Japan: Japan is preparing to revise legislation to allow it to restrict the export of advanced semiconductor manufacturing equipment ...

Shell Oil reveals record $40 billion profit in 2022

LONDON, England: Energy giant Shell Oil has announced a record profit of nearly $40 billion in 2022, capping an eventful ...

Hydrogen takes steps to develop hydrogen fuel cells for cars, trucks

TOKYO, Japan: Honda has announced that it will manufacture a new hydrogen fuel cell system, which was jointly developed with ...

As prices of EVs fall, manufacturer Rivian to reduce workforce by 6%

IRVINE, California: In an effort to cut costs in preparation for an industry-wide price war, electric vehicle manufacturer Rivian Automotive, ...

Seeking to stem losses, Intel to cut executive salaries

SANTA CLARA, California: One week after Intel forecasted lower-than-expected sales caused by a loss of market share to rivals and ...

Biden plan seeks to cut credit card fees, charges for apps

WASHINGTON D.C.: As part of a wider policy drive to increase competition in consumer markets, President Joe Biden has announced ...

As stocks and bonds suffer, Norway wealth fund sees record losses

OSLO, Norway: Ending a three-year run of profits as stock and bond prices were hit by rising inflation and Russia's ...

Historic unemployment low fails to deter profit-takers, Nasdaq sheds 194 points

NEW YORK, New York - Strong economic data failed to stem profit-taking on the major U.S. bourses on Friday, while ...

US concerned over rights at Mexico auto factory, seeks corrections

WASHINGTON D.C.: The US has again asked Mexico to investigate claims that workers at an auto parts facility of American ...

US Justice Dept. investigating Tesla claims on self-driving autos

WASHINGTON D.C.: Tesla confirmed this week that the US Justice Department has requested documents related to its Full Self-Driving and ...

At 10.5 million vehicles sold, Toyota is top automaker in 2022

TOKYO, Japan: Toyota has announced that it sold 10.5 million vehicles in 2022, maintaining its position as the world's top-selling ...

Nasdaq Composite jumps more than 3 percent on Meta surge

NEW YORK, New York - Technology stocks had a hay day Thursday with Facebook parent Meta rocketing up nearly 30 ...

Concerns about recession in Germany after economy shrinks in Q4

FRANKFURT, Germany: Data released this week showed that the German economy unexpectedly shrank in the fourth quarter of 2022, indicating ...

China to allow return of Japanese tourists following retaliatory ban

TOKYO, Japan: In a statement posted on the website of the Chinese Embassy in Tokyo, Beijing announced that it will ...

Sellers hit U.S. dollar, greenback crumbles

NEW YORK, New York - The U.S. dollar crumbled on Thursday after first posting gains. The late afternoon sell off ...

Roller-coaster ride for U.S. stocks Wednesday, Nasdaq stars with 2% gain

NEW YORK, New York - Wall Street dove into the red Wednesday after the U.S. Federal Reserve Open Market Committee ...

Report says US consumer spending fell in December wh

WASHINGTON D.C.: In the latest indication that its interest rate hikes are slowing the US economy, the Federal Reserve's main ...

Global investors snatch up Chinese yuan assets amid recovery prospects

© Provided by Xinhua BEIJING, Feb. 6 (Xinhua) -- Bullish on China's head start in economic recovery in 2023, global ...

Jaishankar meets his Canadian counterpart Melanie Joly in Delhi

New Delhi [India], February 6 (ANI): External Affairs Minister S Jaishankar met his Canadian counterpart Melanie Joly in Hyderabad House ...

"India most attractive place...": Global energy CEOs' big endorsement of India Energy Week in Bengaluru

Bengaluru (Karnataka) [India], February 6 (ANI): Lauding the unprecedented possibilities in the energy sector outlined by Prime Minister Narendra Modi ...

ACC raises Afghanistan's share as part of revised financial distribution model

Manama [Bahrain], February 6 (ANI): The Asian Cricket Council (ACC) has increased Afghanistan's share from Asia Cup earnings as a ...

India, EU announce establishment of three working groups under Trade and Technology Council

New Delhi [India], February 6 (ANI): India and the European Union announced the establishment of the three working Groups and ...

Indian stocks start fresh week in red; Adani Ports gains, other group shares decline

New Delhi [India], February 6 (ANI): Indian stock markets started the fresh week on a subdued note and lost nearly ...

Adani Transmission's profits increase 73 per cent in December quarter

Ahmedabad (Gujarat) [India], February 6 (ANI): Power transmission and distribution company Adani Transmission of diversified Adani conglomerate on Monday announced ...

Top brokerages raise targets for Paytm; recommend 'Buy' as firm achieves operating profitability

Noida (Uttar Pradesh) [India], February 6 (ANI): India's leading digital and mobile payments Paytm has received positive commentary from the ...

Coforge partners with Transcard to help insurers automate disbursements, collections

Greater Noida (Uttar Pradesh) [India], February 6 (ANI): Coforge, formerly known as NIIT, on Monday announced a new partnership with ...

Bandhan Bank hikes interest rates on fixed deposits

New Delhi [India], February 6 (ANI): Bandhan Bank on Monday increased its interest rates on fixed deposit (FD) by 50 ...

Doctor Doom says US dollar reign is ending

A bipolar currency regime is likely to replace the current greenback-based unipolar one, famed economist Nouriel Roubini has predictedThe US ...

India-US Technology Initiatives Launched with Eye on China

New Delhi - A technology and defense initiative by India and the United States aims at countering China and reducing ...

In Pro-Putin Serbia, Liberal-Minded Russians Seek a Home

BELGRADE, SERBIA - At a central square in Serbia's capital of Belgrade, dozens of Russians gathered recently to denounce President ...

Expect RBI to pause repo rate hike in February policy: SBI Research

Mumbai (Maharashtra) [India], February 6 (ANI): The three-day Reserve Bank of India monetary policy committee meeting commenced on Monday with ...

Religare Broking recommends SBI shares, sees 24 pc potential returns on investment

New Delhi [India], February 6 (ANI): Religare Broking has recommended investors bet on State Bank of India (SBI) shares with ...

India Pesticides posts 19 pc drop in Q3 net profit

Bareilly (Uttar Pradesh) [India], February 6 (ANI): Agrochemical company India Pesticides (IPL) on Monday posted a 19.39 per cent decline ...

Congress MP Pramod Tiwari moves Suspension of Business notice in Rajya Sabha to discuss "frauds in investment by LIC, SBI"

New Delhi [India], February 6 (ANI): Congress MP Pramod Tiwari on Monday moved a Suspension of Business notice in Rajya ...

Markets open with losses, tracking weak global trends

Mumbai (Maharashtra) [India], February 6 (ANI): Monday's opening session of the domestic equity market saw a downward trend as weak ...

Elon Musk calls past three months "extremely tough", says "had to save Twitter from bankruptcy"

Washington [US], February 6 (ANI): Twitter and Tesla CEO Elon Musk on Sunday said that the past three months have ...

Fisheries Budget increased by 38.45 pc, amount of Rs 2248.77 cr allocated for FY 2023-24

New Delhi [India], February 6 (ANI): Union Finance Minister Nirmala Sitharaman announced allocation of an amount of Rs 2248.77 crore ...

EU Bans Russian Diesel, Other Oil Products Over Ukraine

Frankfurt, Germany - Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, slashing energy dependency ...

Tourists in our own reality: Susan Sontag's Photography at 50

This year marks 50 years since Susan Sontag's essay Photography was published in the New York Review of Books. Slightly ...

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Another Biden household searched for classified documents

WASHINGTON, DC - FBI agents on Wednesday searched for classified documents at U.S. President Joe Biden's vacation retreat in the ...

Reports: Sean Payton to earn $17M to $20M per year

The Denver Broncos are making Sean Payton one of the highest-paid coaches in NFL history with a contract worth somewhere ...

Biden expresses grief at loss of life caused by earthquake in Turkey, promises assistance

Washington [US], February 6 (ANI): US President Joe Biden on Monday expressed grief at the loss of life and devastation ...

Global investors snatch up Chinese yuan assets amid recovery prospects

© Provided by Xinhua BEIJING, Feb. 6 (Xinhua) -- Bullish on China's head start in economic recovery in 2023, global ...

Feature: Lantern Festival celebrated in U.S. Dallas

© Provided by Xinhua by Xin JinDALLAS, the United States, Feb. 5 (Xinhua) -- It's a festive weekend in and ...

Third earthquake of 6.0 magnitude hits Turkey

Ankara [Turkey], February 6 (ANI): Three earthquakes rocked Turkey on Monday as the country is still assessing the number of ...

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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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