Thu, 19 May 2022

Emirates lost $1 billion, says that's an 80 percent improvement

DUBAI, United Arab Emirates: Emirates Air, one of the world's largest airlines, said it lost $1.1 billion over the past ...

Bargain-hunting drives Wall Street higher, Nasdaq climbs 322 points

NEW YORK, New York - Bargain-hunters drove up the prices of stocks on U.S. markets on Tuesday."Our inputs today support ...

Indian ban on wheat exports expected to hike prices worldwide

NEW DELHI, India: India has banned the exporting of wheat, despite stating it was targeting record international shipments this year, ...

High import taxes prevent Tesla from selling cars in India

NEW DELHI, India: Tesla made known this week that it will not sell electric automobiles in India due to the ...

Hang Seng jumps sharply on possible China move to relax tech reform

SYDNEY, NSW, Australia - A potential easing of the Chinese government's crackdown on technology companies drove stocks in Hong Kong ...

Nepal to get free 21.9% of 490mw electricity every month

KATHMANDU, Nepal - The governments of Nepal and India have signed a bilateral memorandum of understanding for the construction of ...

Kia reports second most electric car sales in US, Ford close behind

LOS ANGELES, California: Kia has become the second largest manufacturer of electric vehicles sold in the United States, second only ...

U.S. stock markets undermined by weak Chinese data

NEW YORK, New York - Weak economic news out of China undermined stocks on Wall Street on Monday. The major ...

Braking problems cause Mercedes-Benz to issue do-not-drive order

ATLANTA, Georgia: Mercedes-Benz USA has requested drivers to stop driving some of their autos immediately due to braking problems.The announcement ...

U.S. dollar reaches all-time high in Pakistan, crosses Rs194 in interbank trade

KARACHI, Pakistan - The U.S. dollar climbed past Rs194 in the interbank market in Pakistan on Monday as analysts expressed ...

Three bidders weigh purchasing Italy's state-owned ITA Airways

ROME, Italy: Italy has announced plans to sell state-owned ITA Airways, the successor to Alitalia, by the end of June, ...

Stocks in Asia range-bound as markets contemplate next move

SYDNEY, NSW, Australia - Stocks struggled for direction in Asia on Monday. Early gains evaporated later in the data, although ...

China's Green Valley ends Alzheimer's drug test due to funding

BEIJING, China: China's Green Valley Pharmaceutical company has prematurely ended an FDA approved study on its GV-971 to treat mild ...

GM, union raise wages 8.5% at Mexico truck factory

SILAO, Mexico: U.S. automaker General Motors (GM) has agreed to raise wages by 8.5 percent, following negotiations with a new, ...

Croatia passes law paving way for switch to euro currency

ZAGREB, Croatia: Croatian lawmakers have voted to allow the introduction of the euro currency in 2023. Lawmakers voted 117-13 to ...

After jump in food prices, Iran cuts off internet to prevent protests

TEHRAN, Iran: Iran has abruptly raised prices as much as 300 percent for a variety of staple foods, including cooking ...

Weekly May inflation reported at 0.12 percent in Russia

MOSCOW, Russia: Russia's weekly inflation rate has further eased after surging soon after Moscow began its invasion in Ukraine on ...

Toyota to build EV, hybrid parts hub in India

NEW DELHI, India: A senior company executive has told Reuters that Toyota is planning to make India a manufacturing hub ...

Wall Street rebounds, Nasdaq Composite advances 434 points

NEW YORK, New York - U.S. stocks were on the mend on Friday while the U.S. dollar rally cooled - ...

Cuban cigars make comeback after Covid, set record sales

HAVANA, Cuba: Cuba's state cigar monopoly, Habanos S.A., reports that sales of its famous hand-rolled cigars have rebounded strongly after ...

Pakistan engages in talks with IMF over economic crunch

Islamabad [Pakistan], May 18 (ANI): Battling an acute economic crunch, the Pakistan government has begun engaging in talks with the ...

How the metaverse could change the purpose and feel of cities

Several companies, including Apple and Microsoft, are betting that the world of tomorrow will, at least in part, be carried ...

US investigators indicate intentional crash of China Eastern Airlines flight: Report

Washington [US], May 18 (ANI): Black box data recovered from a China Eastern Airlines flight that crashed a month ago, ...

IndiGo appoints Pieter Elbers Chief Executive Officer, Rono Dutta to retire

New Delhi [India], May 18 (ANI): The Board of Directors of InterGlobe Aviation Limited (IndiGo) appointed Pieter Elbers as Chief ...

Zimbabwe Urges Sale of Stockpile of Seized Elephant Ivory

Harare - Zimbabwe is seeking international support to be allowed to sell its stockpile of seized ivory, saying the $600 ...

U.S. pecan grower wants to see tariffs removed

© Provided by Xinhua "We're working really diligently and trying to get our people, our government, the people that we ...

Chitra Ramkrishna moves bail plea in Delhi HC in NSE co-location case, Judge recuses

New Delhi [India], May 18 (ANI): In National Stock Exchange (NSE) co-location case, Chitra Ramkrishna former managing director (MD) and ...

Sensex snaps 2-day gaining streak, closes 110 points down

Mumbai (Maharashtra) [India], May 18 (ANI): Snapping two days of gaining streak, the Indian stock markets' benchmark Sensex closed 110 ...

Matthew Mott appointed as England men's white-ball head coach

London [UK], May 18 (ANI): The England and Wales Cricket Board (ECB) on Wednesday announced that it has appointed Matthew ...

BitMEX launches Spot Exchange as it looks to expand product offering for retail users

Mumbai (Maharashtra) [India], May 18 (ANI/PR Newswire): BitMEX, one of the world's largest crypto trading platforms, has announced the launch ...

Global Chamber of Business Leaders launches in India, Vertex Group Founder - Gagan Arora, Delegate - India to strategize growth

Zurich [Switzerland], May 18 (ANI/NewsVoir): The Global Chamber of Business Leaders expands its global footprints and announces the commencement of ...

Germany proposes seizing Russian state assets

Western nations must isolate Moscow both politically and economically, Finance Minister Christian Lindner saidWestern nations should seize the foreign assets ...

IIT Alumni Council invites startups to join the next generation banking platform under the MegaFund initiative

New Delhi [India], May 18 (ANI/PRNewswire): IIT Alumni Council invites applications from banking and fintech start-ups to be part of ...

Ethereum (ETH) and Calyx Token (CLX) could soar if this happens

New Delhi [India], May 18 (ANI/ATK): A significant change to the Ethereum (ETH) blockchain's operation, and whetherDespite the fact that ...

Cyril Amarchand Mangaldas advises LIC and the President of India, acting through the Ministry of Finance, Government of India in relation to its initial public offer

Mumbai (Maharashtra)/New Delhi [India], May 18 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised the Life Insurance Corporation of India (the "Corporation") and ...

Latest Developments in Ukraine: May 18

For full coverage of the crisis in Ukraine, visit Flashpoint Ukraine.The latest developments in the conflict between Russia and Ukraine. ...

Coinshift closes USD 15 million series A led by Tiger Global, Sequoia Capital India, Alameda Ventures

Sheridan (Wyoming) [US], May 18 (ANI/PRNewswire):The series A funding round is led byCoinshift has undergone rapid growth since its launch ...

Pakistani stocks, rupee plunge amid deteriorating economic situation

© Provided by Xinhua The fall in equities and the rupee was attributed to depleting foreign exchange reserves, a balance ...

Nigeria Becoming Destination for Africa's Promising Tech Startups

abuja, nigeria - In February, the Nigerian technology startup CrowdForce announced a big break: It had received $3.6 million from ...

Railway sets up Gati Shakti directorate to focus on its projects under PM Gati Shakti scheme

By Nishant KetuNew Delhi [India], May 18 (ANI): To prioritise its projects under the PM Gati Shakti Scheme, the Ministry ...

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Working together, Spain, Portugal set plan to control gas prices

MADRID, Spain: In a coordinated move last week, Spain and Portugal approved a temporary cap on natural gas prices.The move ...

Emirates lost $1 billion, says that's an 80 percent improvement

DUBAI, United Arab Emirates: Emirates Air, one of the world's largest airlines, said it lost $1.1 billion over the past ...

Bargain-hunting drives Wall Street higher, Nasdaq climbs 322 points

NEW YORK, New York - Bargain-hunters drove up the prices of stocks on U.S. markets on Tuesday."Our inputs today support ...

Indian ban on wheat exports expected to hike prices worldwide

NEW DELHI, India: India has banned the exporting of wheat, despite stating it was targeting record international shipments this year, ...

High import taxes prevent Tesla from selling cars in India

NEW DELHI, India: Tesla made known this week that it will not sell electric automobiles in India due to the ...

Hang Seng jumps sharply on possible China move to relax tech reform

SYDNEY, NSW, Australia - A potential easing of the Chinese government's crackdown on technology companies drove stocks in Hong Kong ...

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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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