Fri, 02 Jun 2023

U.S. stock markets rally on debt ceiling bill advance

NEW YORK, New York - U.S. stocks rallied sharply on Thursday after the House of Representatives passed the controversial bill ...

Nvidia says will build AI supercomputer in Israel by end 2023

SANTA CLARA, California: Nvidia Corp, the world's most valuable listed chip company, said that to meet soaring customer demand for ...

Record $95 million taken in at 'Little Mermaid' weekend opening

BURBANK, California: Over the US Memorial Day weekend, Disney's live-action remake of its 1989 animated classic, "The Little Mermaid," brought ...

At 6 million viewers per night, CBS most-watched tv network in US

NEW YORK CITY, New York: The Nielsen company said that CBS has again claimed the title of most-watched television network ...

U.S. stocks dive Wednesday on debt ceiling, global jitters

NEW YORK, New York - U.S. and global stocks tumbled Wednesday as lawmakers continued to navigate their way through Congress ...

US fishermen seek baby eels valued at $2,000 per pound

PORTLAND, Maine: Fishermen in the US's only commercial-scale fishing industry for valuable baby eels, called elvers, have recorded a productive ...

New baseball stadium in Las Vegas to include retractable roof

LAS VEGAS, Nevada: A bill was introduced in the Nevada Legislature to provide the Oakland Athletics up to $380 million ...

U.S. business seeks to hire teens this summer, offering greater pay

WASHINGTON D.C.: Due to one of the tightest labor markets in decades, teenagers, who have been vital for filling summer ...

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 ...

Top financial minds hail India GDP numbers, paint bullish outlook

New Delhi [India], June 2 (ANI): Indian economy grew more than various experts and global agencies initially estimated for 2022-23. ...

Global tycoons revisit China, keen to expand business

© Provided by Xinhua SHANGHAI, June 2 (Xinhua) -- It's been a busy week in China, with some of the ...

Lexicon MILE and the University of South Wales launch Unique UK Global MBA Program with Exceptional ROI for Students

PNNPune (Maharashtra) [India], June 2: The Lexicon Management Institute of LeadershipExcellence (Lexicon MILE) and the University of South Wales (USW) ...

BRICS commits to bring about reforms in UNSC

Cape Town [South Africa], June 2 (ANI): The BRICS Ministers of Foreign Affairs and International Relations met on 1 June ...

Eurozone inflation slides to lowest in over one year: NYT

Paris [France], June 2 (ANI): Inflation in the eurozone slid last month to the lowest level in more than a ...

Trainocate India Celebrates its 15th Anniversary Today

PRNewswireBangalore (Karnataka) [India], June 2: Trainocate India, a leading learning and development service provider, proudly commemorates its 15-year anniversary, marking ...

Economic Watch: Global tycoons revisit China, keen to expand business

SHANGHAI, June 2 (Xinhua) -- It's been a busy week in China, with some of the best-known international business tycoons ...

Vietnam's economy has yet to bottom out: HSBC

HANOI, June 2 (Xinhua) -- Vietnam's economy has yet to bottom out despite a series of stimulus measures to bolster ...

US, Taiwan Sign Trade Deal Over China's Opposition

WASHINGTON - The United States signed a trade agreement Thursday with Taiwan over opposition from China, which claims the self-ruled ...

Seven per cent boost in industrial licence renewals in 2022: Sharjah FDI Office

Sharjah [UAE], June 2 (ANI/WAM): The emirate of Sharjah has recorded a spectacular year-on-year growth in its manufacturing sector with ...

Top Play-To-Earn Crypto Projects: Big Eyes Coin, Decentraland, and Enjin Flex Gaming Muscle

ATKNew Delhi [India], June 2: In the realms of cryptocurrency, blockchain technology, and online gaming, the top play-to-earn (P2E) crypto ...

RCEP entering into force marks "milestone" for Philippines: official

MANILA, June 2 (Xinhua) -- "It is a milestone for the Philippines" as the Regional Comprehensive Economic Partnership (RCEP) enters ...

U.S. Congress approves bill to raise debt limit, 103rd time since 1945

© Provided by Xinhua After months of partisan arm-wrestling, the U.S. Congress approved the 103rd debt ceiling raise late Thursday ...

Mphasis subsidiary acquires UK-based eBECS

Bengaluru (Karnataka) [India], June 2 (ANI): IT services company Mphasis on Friday said its subsidiary -- Mphasis Consulting -- acquired ...

Sensex opens with gains on back of strong global cues, robust GDP data

Mumbai (Maharashtra), [India], June 2 (ANI): Key indices of the domestic equities market opened with gains, tracking strong global cues. ...

Australia raises minimum wage by 5.75 pct amid inflation challenge

CANBERRA, June 2 (Xinhua) -- Australia's industrial relations tribunal has granted a 5.75 percent increase in the national minimum wage. ...

Market exchange rates in China -- June 2

BEIJING, June 2 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, ...

Feature: Cubans striving to boost economic recovery amid U.S. embargo

© Provided by Xinhua The Cuban government has initiated various measures to recover the economy, amid the intensification of the ...

Thai central bank raises policy rate to 2 pct

© Provided by Xinhua A 0.25-percentage-point rate hike announced by Thailand's central bank brings the key policy rate to its ...

RCEP trade deal enters into force for Philippines

© Provided by Xinhua The RCEP is "a modern, comprehensive, high-quality and mutually-beneficial economic partnership," says Philippine Trade and Industry ...

U.S. stocks close higher amid optimism on debt ceiling progress

NEW YORK, June 1 (Xinhua) -- U.S. stocks ended higher on Thursday as investors applauded the debt ceiling progress in ...

European stock markets gain as U.S. House passes debt ceiling bill

© Provided by Xinhua A debt default by the United States would have a catastrophic knock-on effect around the world, ...

U.S. dollar weakens due to disappointing manufacturing data

NEW YORK, June 1 (Xinhua) -- The U.S. dollar suffered substantial losses on Thursday as disappointing economic data in the ...

EU Commission announced 4 Criminal Procedures against Bulgaria

The European Commission announced today four criminal proceedings against Bulgaria in the areas of money laundering, the fight against fraud ...

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Japan: PM's son resigns for holding party at official residence

TOKYO, Japan: After coming under public criticism for using Japanese Prime Minister Fumio Kishida's residence for a private party, his ...

Remains identified of US pilot from Pennsylvania killed during WWII

WASHINGTON D.C.: The Defense POW/MIA Accounting Agency has announced that 2nd Lt. James Litherland of South Williamsport, Pennsylvania, an Army ...

ACC sues Dr. Yunus, 12 others over embezzlement of $2,351,758

DHAKA, Bangladesh - The Anti-Corruption Commission (ACC) has filed a case against 13 members of Grameen Telecom's board of directors, ...

Washington coordinates 14-country supply chain agreement

WASHINGTON D.C.: The U.S. Commerce Department has said that trade ministers from 14 countries have taken part in the US-led ...

Injuries at Churchill Downs sees 12 horses dead in month

LOUISVILLE, Kentucky: Two horses that succumbed to their injuries at Churchill Downs have become the 11th and 12th fatalities over ...

Musk's Neuralink to begin trial human brain implants

FREMONT, California: Brain implant company Neuralink announced that it has received approval from US regulators to begin human brain implant ...

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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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