Fri, 20 May 2022

US trader faces 20 years in prison over cryptocurrency scam

NEW YORK CITY, New York: Federal officials have announced that Eddy Alexandre, CEO of Valley Stream trading, is facing charges ...

U.S. stocks see-saw as dollar takes a dive

NEW YORK, New York - U.S. stocks again see-sawed on Thursday while the U.S. dollar rally took a well-deserved break."The ...

Falling sales causes Forbes to drop Samsung on list of tech companies

SEOUL, South Korea: Korean tech giant Samsung Electronics fell two places in Forbes' rankings of the World's Largest Tech Companies ...

Face masks return for workers at some Michigan auto factories

Detroit, Michigan: General Motors, Ford and Chrysler parent Stellantis NV said they are reinstating the face mask mandate for employees ...

South Korea president pledges aid to North in treating Covid outbreak

SEOUL, South Korea: As North Korea grapples with a severe COVID-19 outbreak, South Korean President Yoon Suk-yeol has said that ...

Asian stocks mostly plummet, as sellers take charge

SYDNEY, NSW, Australia - Stocks in Asia mostly sank on Thursday, following on from a rout on Wall Street overnight."There ...

REE Automotive to build commercial EV chassis plant in UK

LONDON, England: Israeli startup REE Automotive has announced that it will build an assembly plant for electric vehicles (EVs) in ...

China prepares to deliver its version or Boeing, Airbus aircraft

BEIJING, China: The Commercial Aircraft Corp of China (Comac) completed a three-hour pre-delivery test flight of China's C919 aircraft at ...

U.S. stocks shatter, Dow Jones industrials drop more than 1,000 points

NEW YORK, New York - Soaring prices have taken their toll on U.S. retailer Target which reported first-quarter profit had ...

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 ...

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 ...

Battles against COVID, for economic growth two sides of same coin

© Provided by Xinhua BEIJING, May 20 (Xinhua) -- China's dynamic zero-COVID policy, which has proven successful and effective, is ...

Work opportunities assure happiness for rural residents

© Provided by Xinhua URUMQI, May 20 (Xinhua) -- From farmer to supervisor at a garment factory, Atu Tursun, like ...

Pakistan bans import of non-essential luxury items to stabilize economy

© Provided by Xinhua "There is an emergency situation and Pakistanis will have to make sacrifices under the economic plan," ...

Rory McIlroy takes first-round lead at PGA Championship

Rory McIlroy used four straight birdies early in his round Thursday to shoot a 5-under-par 65 and take the first-round ...

Stocks End Lower but Not Quite in Bear Market

new york - Another volatile day on Wall Street ended with more losses for stocks Thursday, drawing the S&P 500 ...

Twitter Policy Aims to Clear Fog of War Misinformation

SAN FRANCISCO - Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that ...

Dubai Chamber of Commerce, Hatta Traders Council discuss joint efforts to drive economic growth

DUBAI, 19th May, 2022 (WAM) -- Dubai Chamber of Commerce, one of three chambers operating under Dubai Chambers, has hosted ...

Rory McIlroy takes early lead at PGA Championship

Rory McIlroy used four straight birdies early in his opening round Thursday to shoot a 5-under-par 65 and take the ...

US lawmaker threatens Turkey over NATO stance media

Deal to purchase F-16 fighter jets could be conditional on Ankara accepting NATO enlargement, Senator Menendez reportedly saidTurkey's request to ...

OYO announces a free stay after 5 night stays

New Delhi [India], May 19 (ANI/NewsVoir): Global hospitality technology platform, OYO today announced that its customers will be eligible for ...

Rising wheat prices threatening to hit Italians' dinner plate

© Provided by Xinhua The FAO's Food Price Monitoring and Analysis (FPMA) site said that multiple factors have been pushing ...

NACL Industries accelerating growth momentum with 37 per cent for FY 2021-22 and 41 per cent for Q4 despite challenging market scenario

Hyderabad (Telangana) [India], May 19 (ANI/BusinessWire India): The Company's total income for Q4 is Rs 475.61 Cr, registering a growth ...

Policies in place to help sustain China's stable housing market

© Provided by Xinhua BEIJING, May 19 (Xinhua) -- China is rolling out policies to bolster rational home-buying demand, in ...

Citizens centric public services have to be made universally accessible: Amitabh Kant

New Delhi [India], May 19 (ANI): Citizen-centric public services should be made universally accessible, Chief Executive Officer (CEO) of NITI ...

Satya Nadella among investors committing 120 mn USD for Major League Cricket

Washington [US], May 19 (ANI): Microsoft CEO and part-owner of Major League Soccer's franchise Seattle Sounders Satya Nadella is the ...

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Turkish lira falls another 2%, at lowest since December

ISTANBUL, Turkey: As state lenders reduced the amount of dollar sales to prop up the currency for the ninth consecutive ...

US trader faces 20 years in prison over cryptocurrency scam

NEW YORK CITY, New York: Federal officials have announced that Eddy Alexandre, CEO of Valley Stream trading, is facing charges ...

U.S. stocks see-saw as dollar takes a dive

NEW YORK, New York - U.S. stocks again see-sawed on Thursday while the U.S. dollar rally took a well-deserved break."The ...

Falling sales causes Forbes to drop Samsung on list of tech companies

SEOUL, South Korea: Korean tech giant Samsung Electronics fell two places in Forbes' rankings of the World's Largest Tech Companies ...

Face masks return for workers at some Michigan auto factories

Detroit, Michigan: General Motors, Ford and Chrysler parent Stellantis NV said they are reinstating the face mask mandate for employees ...

South Korea president pledges aid to North in treating Covid outbreak

SEOUL, South Korea: As North Korea grapples with a severe COVID-19 outbreak, South Korean President Yoon Suk-yeol has said that ...

Featured story

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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