Thu, 07 Jul 2022

Inflation blamed as Germany sees first export deficit in 30 years

BERLIN, Germany: Higher import figures saw Germany recording its first monthly trade deficit in May since 1991. Exports amounted to ...

U.S. stock markets forge ahead, U.S. dollar steadies after heady gains

NEW YORK, New York - The U.S. stock markets again edged in and out of positive territory on Wednesday, but ...

EU $1.3 billion seeks to wean country from oil economy

BRUSSELS, Belgium: A document released by the European Union this week revealed that the bloc and its development finance institutions ...

Poland tells banks to give savers higher interest or expect more taxes

WARSAW, Poland: As Poland's main interest rate remains at its highest level since 2008, boosting the profits of Polish banks, ...

Asian stocks in major slide, Nikkei 225 drops 316 points

SYDNEY, NSW, Australia - Stocks across Asia lost ground on Wednesday, although the New Zealand market defied the regional trend ...

EasyJet boss quits due to flight cancellations

LONDON, England: After EasyJet canceled thousands of flights this summer to limit the disruption caused to passengers from both air ...

Chip shortage causes GM to store 95,000 incomplete cars

DETROIT, Michigan, global shortage of computer chips, vehicles, Detroit automaker, General Motors, GM's total salesDETROIT, Michigan: The global shortage of ...

Greenback soars as oil plunges below $100 a barrel, U.S. stocks mixed

NEW YORK, New York - U.S. stocks gyrated on Tuesday, with major indices tumbling more than two percent before regaining ...

India prohibits use of single-use plastic in bid to reduce litter

NEW DELHI, India: To combat worsening pollution, India, the world's second most populous country, has banned single-use plastic items, ranging ...

Airbnb announces worldwide ban on parties held in rentals

SAN FRANCISCO, California: In response to a string of shootings that have broken out at U.S. properties it lists, rental ...

Stocks in Asia on the boil after Australia's central bank hikes interest rates

SYDNEY, NSW, Australia - Stocks in Asia strengthened on Tuesday with major gains recorded across the region.The Reserve Bank of ...

To prevent fuel price hikes, India sets windfall tax on oil producers

NEW DELHI, India: As the Indian government aims to increase local fuel supplies to meet rising demand and boost federal ...

Exxon tells shareholders to expect $16 billion Q2 profits

HOUSTON, Texas: Exxon Mobil Corp said this week that profits from skyrocketing fuel prices could result in a record $16 ...

Boeing out, Airbus in as China to purchase 300 A320 jets

BEIJING, China: Chinese airlines announced last week that they would purchase some 300 Airbus jets. This is the largest order ...

Asian stock markets gain ground as Wall Street closes for long weekend

SYDNEY, NSW, Australia - Stocks in Asia generally moved higher on Monday despite continuing concerns over a potential global recession. ...

Barbecues in jeopardy as food prices jump for US Fourth of July

WASHINGTON D.C.: Due to surging food prices, summer cookouts for the U.S. Independence Day holiday are more expensive, forcing Americans ...

US employers see small shift as job market cooling

WASHINGTON D.C.: In a cardboard box factory outside Baltimore, people have been walking into the office of Paul Centenari, chief ...

IKEA says store inventories return to pre-Covid levels

DELFT, Netherlands: IKEA officials said this week that the furniture retailer's warehouses in Europe are as full as they were ...

21 percent six-month loss strips S&P 500 of $8 trillion in value

NEW YORK CITY, New York: After the first six months of 2022, the S&P 500 recorded a loss of 20.6 ...

Washington reports US economy falls 1.6 percent in Q1 2022

WASHINGTON D.C.: Due to the record high trade deficit and a resurgence in COVID-19 infections that curbed spending on services, ...

6 important things to know before taking a personal loan

New Delhi [India], July 7 (ANI/India PR Distribution): Personal Loans are one of the most popular forms of credit in ...

Jaishankar meets EU foreign policy chief, acknowledges progress in FTA negotiations

Bali [Indonesia], July 7 (ANI): Ahead of the G20 Foreign Ministers Meet, External Affairs Minister S Jaishankar on Thursday (local ...

Windows Subsystem for Android updated with improved usability and advanced networking

Washington [US], July 7 (ANI): The Subsystem for Android that was built into Windows 11 is one of its more ...

Russian economy more resilient than expected Bloomberg

Economists are improving forecasts for the year, according to the reportRussia appears to be on track for a much shallower ...

US-based crypto firm Voyager Digital files for bankruptcy

New York [US], July 7 (ANI): In another major setback to the crypto industry, the US-based crypto broker and lender ...

Indian stock indices extend gains on softening crude prices

New Delhi [India], July 7 (ANI): Indian stock indices extended their gains from the previous session closing and traded in ...

RBI selects Hansa Research Group to conduct field work for inflation expectation survey

Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has decided to engage ...

Oil prices slumps, Brent crude under USD 100 a barrel for first time since May

Washington [US], July 6 (ANI): World oil prices plummeted on Wednesday (local time) and dropped below USD 100 a barrel ...

China records biggest ever database leak in history, 1 billion personal data breached

Beijing [China], July 6 (ANI): China recorded the biggest ever database leak in history with nearly one billion personal data ...

SCCC president calls for strengthening Sino-Swiss trade, cultural ties

© Provided by Xinhua Bilateral relations between Switzerland and the People's Republic of China date back to 1950 and have ...

How Africans can assess the value of the latest G7 summit

Leaders of the world's seven advanced economies have once again pledged economic support for Africa and other developing countries. But ...

RBI announces measures to boost forex inflows, rupee slide

Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) on Wednesday announced a slew of measures to ...

Widening trade deficit pushes India to disincentivize gold imports

New Delhi [India], July 6 (ANI): India is experiencing a widening trade deficit, this essentially means that it is buying ...

Ruble rally comes to screeching halt

The Russian currency is in a downward correction after hitting multi-year highsThe Russian currency continued to slump on Wednesday, falling ...

LIC share bounces, but far from its exchange listing price

New Delhi [India], July 6 (ANI): Insurance heavyweight Life Insurance Corporation of India (LIC) has not grabbed headlines in a ...

Sensex surges 515 points on hopes of healthy Q1 earnings

Mumbai (Maharashtra) [India], July 6 (ANI): The Indian stock markets' key indices, Sensex and Nifty, surged by over one per ...

India's PLI scheme has potential to add 4 pc to GDP annually: Report

New Delhi [India], July 6 (ANI): The Centre's production-linked incentive (PLI) scheme has the potential to add nearly 4 per ...

Chris Evans will star in Netflix's 'Pain Hustlers' with Emily Blunt

Washington [US], July 6 (ANI): Hollywood star Chris Evans is all set to join Emily Blunt in Netflix's 'Pain Hustlers'. ...

Euro slumps to 20-year low against US dollar

Frankfurt [Germany], July 6 (ANI/Xinhua): The Euro on Tuesday slumped against the U.S. dollar, hitting a 20-year low of 1.029 ...

Report: Big 12 interested in adding at least four Pac-12 programs

Big 12 conference officials have their eyes on adding at least four Pac-12 programs, days after the defection of Southern ...

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Germany urging elderly to counter Covid with Paxlovid pill

BERLIN, Germany: Karl Lauterbach, Germany's health minister, has said that he will encourage family doctors to issue more prescriptions for ...

Summer travel returns worldwide, even with air problems, surging Covid

PARIS, France: According to projections and interviews by the Associated Press in 11 countries, tourism officials have said they expect ...

Six hikers dead when falling glacier strikes in Italian Alps

TRENTO, Italy: Record warm temperatures caused a mountain glacier in the Italian Alps to collapse on July 3, killing at ...

Qatar World Cup to receive US security assistance

WASHINGTON D.C.: The Department of Homeland Security (DHS) will assist Qatar with security during the 2022 World Cup, which begins ...

Minimal disruptions as summer strikes continue at Paris airport

PARIS, France: Signaling further disruptions for summer travelers, workers at Roissy-Charles de Gaulle Airport said they would go on strike ...

Angry Russia vows retaliation after Bulgaria expels diplomats

SOFIA, Bulgaria: Russian diplomats and their families departed Bulgaria over the weekend, amidst heightened tensions between the two eastern European ...

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Fanny and Alexander
Fanny and Alexander [DVD]

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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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