Sun, 05 Feb 2023

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 ...

China says shipments of smartphones in 2022 falls to lowest in decade

BEIJING, China: As COVID-19 restrictions and a slowing economy curbed consumer demand in 2022, China's smartphone sales witnessed a record ...

To reach out to public, Japanese vending machines selling whale meat

TOKYO, Japan: After struggling for years to promote its products amid protests from conservationists, Japanese whaling company Kyodo Senpaku announced ...

Air India begins update with purchase of nearly 250 aircraft

NEW DELHI, India: Marking a year since the Tata Group took control of Air India, the former state-run carrier has ...

Tech stocks lead U.S. markets rally, Nasdaq Composite climbs 191 points

NEW YORK, New York - A slowing of wages growth in the fourth quarter, as reported by the Labor Department, ...

Profits down 9% at American Express due to late customer payments

NEW YORK CITY, New York: As it sets aside more funds to cover potentially bad loans, American Express announced that ...

UK airline Flybe goes out of business, cancels all flights

LONDON, England: Flybe, a British regional airline, abruptly closed operations on January 28. The airline offered flight to Belfast, Birmingham ...

Mobileye forecasts higher revenue in 2023

JERUSALEM, Israel: As demand for its driver-assistance technology rises among vehicle-makers, Mobileye Global is forecasting revenues for the 2023 fiscal ...

Disney World Unions Vote Down Offer Covering 45,000 Workers

orlando, florida - Union members voted down a contract proposal covering tens of thousands of Walt Disney World service workers, ...

Faulty policies, funding of terrorism responsible for Pakistan's economic crisis: Report

Islamabad [Pakistan], February 5 (ANI): Pakistan has become a textbook lesson in the political economy of how nations that rear ...

China helping Russia to obtain key technology media

Western sanctions apparently haven?t hampered the flow of aircraft parts, radios and microchipsChinese defense firms are supplying Russia with components ...

India leads internationally in canvassing support for Sri Lanka, says Lankan envoy

By Ayushi AgarwalNew Delhi [India], February 4 (ANI): Lauding India's support for Sri Lanka during its worst economic crisis, Sri ...

France comments on Ukraine's NATO prospects

Kiev's membership in the US-led military bloc is not on the table for now, the French Foreign Ministry spokeswoman saidUkraine's ...

IMF places new demands before Pakistan for holding policy-level talks next week

Islamabad [Pakistan], February 4 (ANI): The International Monetary Fund (IMF) has concluded its first round of "tough talks" with Pakistan ...

Smriti Irani says budget focusses on inclusive growth for citizens

Kolkata (West Bengal) [India], February 4 (ANI): Union Minister for Women and Child development, Smriti Irani on Saturday held a ...

Indian Tycoon Hit by Allegations of Fraud Faces Huge Losses

NEW DELHI - Indian business tycoon Gautam Adani is in the eye of a storm after a dramatic crash in ...

Microsoft's new Teams Premium tier is powered by OpenAI features

Washington [US], February 4 (ANI): Microsoft has now made its Teams Premium service available with features that are powered by ...

Union Budget is progressive towards healthcare, attention paid to futuristic allocations: Dr Dangs CEO

New Delhi [India], February 4 (ANI): Chief executive officer (CEO) of Dr Dangs lab Dr Arjun Dang stated that Union ...

Bill Gates lectures Musk on spending money

A real philanthropist would abandon Mars dreams for vaccines, the Microsoft mogul saysMicrosoft co-founder Bill Gates believes the SpaceX CEO's ...

LTIMindtree partners with Criteo for multi-year deal

Paris [France] Mumbai (Maharashtra) [India], February 4 (ANI): Global technology consulting and digital solutions company LTIMindtree said it has partnered ...

India's tourism sector gets shot in the arm; major investments in pipeline

New Delhi [India], February 4 (ANI): From the snow-capped mountains to the majestic oceans, India has lots to offer to ...

US, India see each other as 'trusted partners': Indian Envoy

Washington [US], February 4 (ANI): The United States and India are looking at each other as trusted partners and their ...

Brussels assesses Kiev's readiness to join EU

Ukraine is only at an ?early stage of preparation? for implementing EU policies in many key areas, an EU Commission ...

EU agrees on new price caps for Russian oil

Limits on refined oil products will go into effect on February 5The European Union will set the price of refined ...

Iran Blamed for Hack of French Magazine Charlie Hebdo

SAN FRANCISCO, california - An Iranian government-backed hacking team allegedly stole and leaked private customer data belonging to French satirical ...

U.S. patients see wider drug recalls, limited price rise

© Provided by Xinhua More than 1,321 recalls were issued last year for human drug products that were defective or ...

Pakistan's oil industry on verge of 'collapse' amid reeling economic crisis

Islamabad [Pakistan], February 3 (ANI): The oil companies of Pakistan are on the verge of 'collapse' due to a reeling ...

Sensex defies Hidenburg-Adani row, gains 909 points

Mumbai (Maharashtra) [India], February 3 (ANI): The domestic markets continued with gains, tracking strong global cues. The US Federal Reserve's ...

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Ireland's Dublin Airport closed for 25 minutes because of drone

DUBLIN, Ireland: Dublin Airport was briefly shut down on Friday after a drone was discovered flying within its airspace.Officials diverted ...

After 11,000 US flights disrupted, FAA updates its computers

WASHINGTON D.C.: In a letter to lawmakers last week, the US Federal Aviation Administration (FAA) said it had put in ...

Air India begins update with purchase of nearly 250 aircraft

NEW DELHI, India: Marking a year since the Tata Group took control of Air India, the former state-run carrier has ...

Surge in air travel demand continues, may lessen, says observers

NEW YORK CITY, New York: After reporting record revenues in the fourth-quarter of 2022, US airlines expect strong travel demand ...

Joe Biden wanted US to shoot down Chinese balloon "as soon as possible"

By Reena BhardwajWashington [US], February 5 (ANI): US President Joe Biden said that the mission to shoot down a suspected ...

Assam governor visits Tinsukia, asks Dy Commissioner to implement Central schemes

Guwahati (Assam) [India], February 5 (ANI): Assam Governor Prof Jagdish Mukhi, who was on his visit to the Tinsukia district ...

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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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