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 ...

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 ...

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 ...

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 ...

Roundup: European stock markets gain as risk of U.S. debt default diminish

ROME, June 1 (Xinhua) -- European markets breathed a sigh of relief on Thursday after lawmakers in the United States ...

Dylan Frittelli exits Memorial after 15 start through 14 holes

Three pars to start the first round turned out to be the highlight of Dylan Frittelli's rough outing Thursday at ...

China rebukes US over Taiwan trade deal

Beijing has accused Washington of violating agreements on the self-governing island's statusThe Chinese Foreign Ministry has demanded that the US ...

US and UK poised to slide into recession Moody's

The downbeat forecast comes as central banks continue their fight against inflationGlobal growth will decelerate this year amid sticky inflation ...

US Senate Now Considering House-Approved Debt Ceiling Deal

The U.S. Senate could vote as soon as Thursday on a measure to suspend the government's borrowing limit until early ...

Elon Musk's Whirlwind China Trip Included Talks with Vice Premier

shanghai - Tesla Inc Chief Executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in ...

Newest NATO member Finland hails cooperation with India, backs Sweden, Ukrainian membership

New Delhi [India], June 1 (ANI): Finland Foreign Minister Pekka Haavisto hailed ties with India in Oslo, Norway on Thursday ...

Profit booking by investors subdues Indian stock indices

New Delhi [India], June 1 (ANI): Indian stock markets closed Thursday's session in the red after having traded strongly in ...

NATO chief to visit Trkiye to push Sweden's accession

OSLO, June 1 (Xinhua) -- Jens Stoltenberg, secretary general of the North Atlantic Treaty Organization (NATO), said on Thursday that ...

Roundup: Angola decides to remove fuel subsidies

LUANDA, June 1 (Xinhua) -- Angolan Minister of State for Economic Coordination Manuel Nunes Junior announced on Thursday in Luanda, ...

China's first offshore million-tonne carbon storage project put into use

© Provided by Xinhua BEIJING, June 1 (Xinhua) -- China's first offshore million-tonne carbon storage project was put into operation ...

Feature: Books on Xi's thought key to understanding China

© Provided by Xinhua by Xinhua writers Wang Yi, Mao Pengfei and Zhu WeiKUALA LUMPUR, June 1 (Xinhua) -- Kaushal ...

GLOBALink | New Development Bank's VP confident in China's recovery

SHANGHAI, June 1 (Xinhua) -- Many global banks and financial institutions have upgraded their forecasts for China's economic growth for ...

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Managing asymptomatic high blood pressure linked to cardiac, kidney injury

Washington [US], June 2 (ANI): In hospitalised patients, blood pressure is routinely monitored. Severe hypertension can cause a heart attack, ...

BCCI announces India 'A' (Emerging) squad for ACC Emerging Women's Asia Cup 2023

New Delhi [India], June 2 (ANI): The All India Women's Selection Committee on Friday announced the India 'A' (Emerging) squad ...

Real Madrid's Karim Benzema receives Marca Leyenda award

Madrid [Spain], June 2 (ANI): Real Madrid's maestro Karim Benzema received the Marca Leyenda (legend) award in recognition of his ...

Former captain Carl Hooper joins West Indies coaching team

New Delhi [India], June 2 (ANI): Former West Indies skipper Carl Hooper is set to join the West Indies team ...

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, ...

Russia blames US, Apple for hacking thousands of iPhones

New York [US], June 2 (ANI): Without providing evidence, Russia's Federal Security Service claimed on Monday that several thousand iPhones ...

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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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