McDonald's Russian successor planning full reopening in 2022
MOSCOW, Russia: After battling supply chain issues, potato shortages and a heftyrebranding job, the successor to McDonald's in Russia, Vkusno ...
Global financial markets in disarray, British pound plunges
NEW YORK, New York - U.S. and global stocks continued falling Friday in a dismal end to the week. The ...
UK caps energy prices for businesses this winter
LONDON, England: Businesses struggling with soaring energy costs have welcomed the British government's move to cap wholesale electricity and gas ...
Stocks in Asia on the nose, Australian market loses nearly 2 percent
SYDNEY, NSW, Australia - Stocks in Asia were sold off sharply across the board on Friday. Bonds dived as yields ...
Food, energy lead jump in Sri Lanka inflation to 70.2% in August
COLOMBO, Sri Lanka: The Department of Census and Statistics in Sri Lanka said consumer inflation surged to 70.2 percent in ...
Seeking rebound after Covid, Shanghai begins construction projects
SHANGHAI, China: After its economy slowed due to COVID-19 lockdowns in April and May, Shanghai, China's largest city, announced the ...
U.S. stocks reverse early gains and close in red, Nasdaq loses 153 points
NEW YORK, New York - Fears of a global recession coupled with higher inflation and even more aggressive interest rate ...
Congress hears from CEOs of U.S. banks at special hearing
WASHINGTON D.C.: The chief executives of JP Morgan, Bank of America, Citigroup, Wells Fargo and other major U.S. retail banks ...
Pepsi products leaving Russia due to invasion of Ukraine
MOSCOW, Russia: Some six months after it said it would halt sales and production following Russia's invasion of Ukraine, PepsiCo ...
Stocks in Asia continue sliding, Nikkei 225 drops 153 points
TOKYO, Japan - Stocks in Asia continued sliding Thursday, extending losses related to the U.S. Federal Reserve's aspirations to stamp ...
Asian tourists to return to large numbers by 2024, says Agoda CEO
BANGKOK, Thailand: Online travel agency Agoda predicts that Asian tourists will resume international travel at pre-pandemic levels by 2024. The ...
Following Covid, Thailand sees 2023 tourism revenues of $64.5 billion
BANGKOK, Thailand: Thailand expects to earn $64.50 billion in tourism revenues in 2023, according to government spokesperson Anucha Burapachaisri. As ...
75 basis points interest rate hike hits U.S. stocks, Nasdaq dives 205 points
NEW YORK, New York - Wall Street buckled on Wednesday and the U.S. dollar roared as the Federal Reserve delivered ...
To speed economic recovery, China to hurry construction projects
BEIJING, China: China state planners have said that even though the economy showed signs of renewed momentum last month, the ...
Loop Energy says new hydrogen engine as economic as diesel
BURNABY, Canada: Hydrogen fuel cell maker Loop Energy has announced that its latest hydrogen cell truck motor provides better fuel ...
Asian stock markets close lower ahead of FOMC decision
SYDNEY, NSW, Australia - Stocks in Asia wilted on Wednesday following further falls on Wall Street overnight.At the conclusion of ...
Protesters in Moldova call for new government as inflation strikes
CHISNAU, Moldova: Thousands of people in Moldova protested against high inflation and fuel prices, as well as demanded the resignation ...
US man faces prison term for $2.6 million COVID-19 relief fraud
FT. MEYERS, Florida: A Florida man, Daniel Joseph Tisone from Naples, has pleaded guilty to stealing COVID-19 relief funds worth ...
Fed fears undermine U.S. stocks, Nasdaq dives 110 points
NEW YORK, New York - U.S. stocks closed sharply lower on Tuesday, ahead of the completion of the two-day regular ...
After Russian war in Ukraine, Airbus reports more helicopter orders
PARIS, France: Airbus Helicopters CEO Bruno Even has said that he expects new orders and deliveries to continue rising in ...
Tesla hopes to sell 80,000 cars in Germany in 2022
BERLIN, Germany: German weekly Automobilwoche has reported that Tesla seeks to doubleits vehicle sales in Germany in 2022, to reach ...
Stocks in Asia on the rise, Nikkei 225 advances 121 points.
SYDNEY, NSW, Australia - Stocks in Asia were solidly higher on Tuesday, mirroring gains on Wall Street overnight.The Australian All ...
Hungary, critical of Russian sanctions, continues price caps
BUDAPEST, Hungary: Prime Minister Viktor Orban's chief of staff, Gergely Gulyas, said in an effort to protect households from surging ...
Delta Air Lines' oil refinery to blend biofuels
ATLANTA, Georgia: Delta Air Lines is taking steps to using biofuel to power its aircraft. Currently, the U.S Renewable Fuel ...
US stocks tumble on rate hike concerns
NEW YORK, 24th September, 2022 (WAM) -- Wall Street's main indexes all tumbled to close well down on Friday, amid ...
Billionaire investor warns worst is yet to come for US economy
Inflation cannot be cured, Carl Icahn saysLoose monetary policy has spawned record-high inflation in the US economy, a circumstance that ...
Ford forced to park thousands of unfinished vehicles media
Parts shortages have reportedly prompted the company to leave trucks at a former NASCAR trackFord Motor Co. continues to be ...
Rupee has held "very well" against US Dollar compared to other currencies: FM Nirmala Sitharaman
Pune (Maharashtra) [India], September 24 (ANI): The Indian Rupee has held "very well" against the US Dollar compared to other ...
Former Giants RB wins $28.5M verdict in medical case
A former New York Giants running back who filed suit against his medical team won a $28.5 million verdict, the ...
India showcases its growth story at 77th Session of UNGA
New York [US], September 24 (ANI): India on Friday (local time) showcased its growth story at a special event on ...
At Bihar rally, Shah highlights India becoming 5th largest economy in world overtaking UK
Kishanganj (Bihar) [India], September 24 (ANI): Highlighting the country's growth stride, Union Home Minister Amit Shah on Saturday said that ...
What makes India an attractive investment destination?
New Delhi [India], September 24 (ANI): Among the very few countries which have successfully countered the fiscal challenges caused by ...
EU seeks laws against human rights issues in Pakistan
Islamabad [Pakistan], September 24 (ANI): The Members of the European Parliament (MEPs), who paid a three-day visit to Pakistan, have ...
US oil reserves at lowest level in decades media
The stockpile has been gradually shrinking due to Washington's attempts to stabilize gasoline pricesUS strategic petroleum reserves (SPRs) have shrunk ...
Nigeria is producing less and less oil. Here's why
Nigeria's oil output was at the lowest since 1990 as its crude oil production fell below 1 million barrels per ...
Why Japan's central bank sticks to ultralow rate policy
© Provided by Xinhua Experts here believe that there are reasons behind the BOJ's decision to keep the ultralow rate ...
Dow Hits 2022 Low as Markets Sell Off on Recession Fears
Markets sold off around the world on mounting signs the global economy is weakening just as central banks raise the ...
Pakistan PM says floods signify global climate impact, urges UN to act
New York [US], September 24 (ANI): Pakistan Prime Minister Shehbaz Sharif on Friday highlighted the devastation caused by the floods ...
Union Minister chairs National SC-ST Hub conclave in Tamil Nadu
New Delhi [India], September 23 (ANI): With an aim to spread awareness about the National Scheduled Caste and Scheduled Tribe ...
Sterling hits new low against U.S. dollar amid UK fiscal uncertainty
© Provided by Xinhua The pound tumbled more than 3 percent and traded below 1.10 U.S. dollars, reaching its lowest ...
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EU considers new sanctions against Russia, including cap on gas prices
BRUSSELS, Belgium: In response to a new escalation in Russia's war against Ukraine, the European Union is considering an oil ...
Invincible Defense Technology to put warring parties on path to peace
Longstanding divisive issues between Azerbaijan and Armenia resulting from or related to the Nagorno-Karabakh conflict remain unresolved, despite continuing efforts ...
US to seek death penalty against alleged New York bike path killer
WASHINGTON D.C.: The U.S. government said it will seek the death penalty for Sayfullo Saipov, the man charged with running ...
Hong Kong expected to reduce strict COVID-19 quarantine policy
HONG KONG: To keep the city connected with the rest of the world, while ensuring an "orderly opening-up," Hong Kong ...
Ashraf Ghani still considers himself the legitimate Afghanistan president
In his first public and comprehensive interview after the collapse of the Afghan Government back in August last year, the ...
Don't touch foreigners to reduce monkeypox risk, says Chinese official
BEIJING, China: After the first known case of monkeypox was reported on mainland China last week, a senior Chinese health ...
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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