Tue, 06 Jun 2023

Russian brands replace Western clothing after invasion of Ukraine

MOSCOW, Russia: After a turbulent 15 months of store closures and declining demand, Russian designers and brands are assisting the ...

In first visit in 3 years, Elon Musk visit's Tesla plants in China

BEIJING, China: On his return to China after a three year absence, which is his company's largest production hub, Tesla ...

Nvidia joins ranks of major US businesses valued at over $1 trillion

SANTA CLARA, California: As investors piled more capital into Nvidia, the chipmaker that has become one of the biggest winners ...

Washington coordinates 14-country supply chain agreement

WASHINGTON D.C.: The U.S. Commerce Department has said that trade ministers from 14 countries have taken part in the US-led ...

Morgan Stanley pegs India's growth at over 6 pc during next two years

New Delhi [India], June 5 (ANI): Morgan Stanley on Monday said India's GDP growth will track above 6 per cent ...

Time right to address governance gaps in banking, says RBI deputy governor

New Delhi [India], June 5 (ANI): Deputy Governor at the Reserve Bank of India (RBI), Rajeshwar Rao, said that the ...

India's services sector PMI expands at second best in 13 years

New Delhi [India], June 5 (ANI): Services sector in India recorded a robust performance and the output rose at the ...

Don't blame Australia's lowest-paid workers if interest rates rise again

The odds have been shortening on the Reserve Bank of Australia lifting interest again, and Australia's workers are again being ...

RBI may again pause repo rate at this week's policy meet: SBI Research

New Delhi [India], June 5 (ANI): The Reserve Bank of India (RBI) is expected to again pause the repo rate, ...

Hollywood Directors Reach Labor Pact, Writers Remain on Strike

Los Angeles - Hollywood's major studios reached a tentative labor agreement with the union representing film and television directors, likely ...

Assam: Tea producers call for collaborative action from all stakeholders to overcome industry challenges

Guwahati (Assam) [India], June 4 (ANI): The Tea Association of India representing tea producers in Assam and West Bengal called ...

Goa to host 3rd International Financial Architecture Working Group meeting starting Monday

Panaji (Goa) [India], June 4 (ANI): Goa is set to welcome G20 delegates for the 3rd International Financial Architecture Working ...

Wave of defaults looming Deutsche Bank

Aggressive monetary tightening by central banks threatens the global economy, according to strategistsA cycle of boom and bust will return ...

Pakistan, Afghanistan among global food shortage 'hotspots': Report

Kabul [Afghanistan], June 4 (ANI): Two United Nations bodies Food and Agriculture Organisation (FAO) and the World Food Programme (WFP) ...

Pirates look to finish off sweep of Cardinals

The Pittsburgh Pirates appear to be revisiting their April play now that May is behind them, which would be a ...

Yu Darvish, Fernando Tatis Jr. carry Padres past Cubs

Yu Darvish gave up two infield singles over seven scoreless innings and Fernando Tatis Jr. drove in four runs with ...

Turkey's Erdogan Sworn in, Signals Economic U-turn with Cabinet Picks

Ankara - President Tayyip Erdogan signaled Saturday his newly elected government would return to more orthodox economic policies when he ...

China-Europe business forum held in north China's Tianjin

TIANJIN, June 3 (Xinhua) -- North China's Tianjin Municipality on Friday held the China-European Business Forum, aiming to provide a ...

Strong US Jobs Report Cheers Biden, Raises Questions for Fed

The labor market in the United States continued to defy expectations in May, adding 339,000 new jobs. The figure was ...

Trouble mounts for Pakistan govt as IMF rejects loan request

Islamabad [Pakistan], June 3 (ANI): A cabinet member on Thursday said Pakistan's request to lower the requirement of securing USD ...

U.S. stocks surge on passage of debt ceiling bill, strong jobs data

NEW YORK, June 2 (Xinhua) -- U.S. stocks posted handsome gains on Friday as investors cheered the passage of a ...

Nigeria's Main Labor Federation to Strike Over Fuel Subsidy Removal

ABUJA - Nigeria's main labor union said Friday it plans to go on strike from Wednesday to protest a tripling ...

U.S. dollar rises on strong job growth

NEW YORK, June 2 (Xinhua) -- The U.S. dollar strengthened Friday as the U.S. non-farm payrolls surged more than expected. ...

Pakistan Allows Barter Trade with Iran, Afghanistan, Russia

ISLAMABAD - Pakistan has authorized barter trade with Iran, Afghanistan and Russia on specific goods, including petroleum and gas, to ...

Gold falls on stronger than expected U.S. data

CHICAGO, June 2 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday ...

Florida 'freakishness': why the sunshine state might have lost its appeal

Florida is known worldwide for its beaches, resorts and theme parks, but has recently made headlines for a different reason. ...

Kenya says developing digital currency not priority

NAIROBI, June 2 (Xinhua) -- There is "no compelling need" to develop the digital currency, given instability in the global ...

Explainer: Delving into America's debt crisis

© Provided by Xinhua Answers to the following four questions may provide some insight for other countries around the world ...

Africa's mobile phone market shrinks by 3.4 pct in Q1

NAIROBI, June 2 (Xinhua) -- Africa's smartphone market declined by 3.4 percent quarter on quarter (QoQ) in the first quarter ...

IMF maintains forecast of Malaysia's 2023 economic growth rate at 4.5 pct

KUALA LUMPUR, June 2 (Xinhua) -- The International Monetary Fund (IMF) reiterated on Friday that Malaysia's economic growth will moderate ...

Lightstorm unveils Polarin - A game-changing NaaS platform enabling scalable and agile cloud interconnectivity for enterprises

NewsVoirNew Delhi [India], June 2: Lightstorm proudly announces the launch of Polarin, a ground-breaking self-serve Network-as-a-Service (NaaS) platform. Polarin by ...

US Employers Added 339,000 Jobs in May as Labor Market Stays Durable

WASHINGTON - The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and ...

Afghanistan's Central Bank to collect worn-out banknotes, circulate new ones

Kabul [Afghanistan], June 2 (ANI): Amid a rise in the number of worn-out banknotes in Afghanistan, the country's Central Bank ...

US Fed Reserve officials signal they could hold rates: NYT

New York [US], June 2 (ANI): US Federal Reserve officials have signalled that they could hold rates steady at their ...

CIE at IIITH hosts Geospatial Hackathon in Collaboration with DST, SOI, Microsoft and CIE for geospatial map technologies

PRNewswireHyderabad (Telangana) [India], June 2: CIE at IIITH hosted the Finale Event of the DST Geospatial Hackathon, with DST, SOI ...

Global tycoons revisit China, keen to expand business

© Provided by Xinhua SHANGHAI, June 2 (Xinhua) -- It's been a busy week in China, with some of the ...

BRICS commits to bring about reforms in UNSC

Cape Town [South Africa], June 2 (ANI): The BRICS Ministers of Foreign Affairs and International Relations met on 1 June ...

Eurozone inflation slides to lowest in over one year: NYT

Paris [France], June 2 (ANI): Inflation in the eurozone slid last month to the lowest level in more than a ...

Trainocate India Celebrates its 15th Anniversary Today

PRNewswireBangalore (Karnataka) [India], June 2: Trainocate India, a leading learning and development service provider, proudly commemorates its 15-year anniversary, marking ...

Economic Watch: Global tycoons revisit China, keen to expand business

SHANGHAI, June 2 (Xinhua) -- It's been a busy week in China, with some of the best-known international business tycoons ...

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US home prices rise 0.4%, continuing upwards trend

CHICAGO, Illinois: Driven by an ongoing shortage of properties available on the market, in March US single-family home prices rose ...

Russian clothing brands filling gaps left by Western rivals Reuters

The share of foreign apparel firms has dropped significantly in the country's shopping mallsRussian designers and brands have been actively ...

Japan's capital spending jumps 11 pct in Jan.-March quarter

TOKYO, June 1 (Xinhua) -- Capital spending by Japanese companies in the January-March period rose 11 percent year on year, ...

Dubai logs over AED1.1bn in realty transactions Friday

DUBAI, 14th April, 2023 (WAM) -- Dubai's real estate market recorded 335 sales transactions worth AED916.36 million on Friday, in ...

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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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