Sun, 25 Sep 2022

Ireland to end ownership of Bank of Ireland, says minister

DUBLIN, Ireland: Finance Minister Paschal Donohoe has announced that he expects the Bank of Ireland to become a privately-owned bank ...

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 ...

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 ...

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 ...

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 ...

Pakistan seeks debt relief from Paris Club creditors

Islamabad [Pakistan], September 24 (ANI): Pakistan Finance Minister Miftah Ismail has said that his country is seeking debt relief from ...

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 ...

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 ...

Hungarian FM warns of apocalyptic conflict

Preventing a direct military confrontation between NATO and Russia is now everyone's main task, Peter Szijjarto has saidThe international community ...

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 ...

US providing USD 327 million in humanitarian assistance to Afghanistan

Washington [US], September 24 (ANI): The US is providing USD 327 million in humanitarian aid for the people of Afghanistan, ...

Pakistan's economic woes continue as FDI slumps 26 pc in first two months of FY23

Islamabad [Pakistan], September 24 (ANI): Amid the unprecedented economic crisis in Pakistan, Net Foreign Direct Investment (FDI) in the country ...

Pakistan unable to tame monster once it built

Islamabad [Pakistan], September 23 (ANI): Pakistani chickens are coming home to roost - unpalatable fact - Islamabad is suffering the ...

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 ...

India's forex reserves hit near 2-year low

Mumbai [India], September 23 (ANI): India's foreign exchange reserves declined for a seventh straight week, touching $545.652 billion in the ...

Urban Naxals had stalled Sardar Sarovar Dam terming it threat to environment, they get political patronage: PM Modi

New Delhi [India], September 23 (ANI): Prime Minister Narendra Modi on Friday said that the construction of the Sardar Sarovar ...

Hungary explains red line on Russia sanctions

Budapest doesn?t want its people to pay a price for a conflict they have ?nothing to do with,? foreign minister ...

Inflation, Unrest Challenge Bangladesh's 'Miracle Economy'

Dhaka, Bangladesh - Standing in line to try to buy food, Rekha Begum is distraught. Like many others in Bangladesh, ...

Emergency loans from financial bodies not to solve Pakistan's woes, need to diversify its economic policies

Islamabad [Pakistan], September 23 (ANI): Pakistan needs an overhaul of economic policy as the country is facing its worst ever ...

Rupee falls to a lifetime low, breaches 81 mark versus USD

Mumbai [India], September 23 (ANI): Indian rupee fell to an all-time low against the US dollar on Friday, breaching the ...

Strong Winds, Heavy Rains as Hurricane Fiona Skirts Bermuda

Gusts of 160 kilometers per hour and driving rain buffeted Bermuda early Friday, leaving thousands without power and fearing coastal ...

'Crucial' Vote Could Move Italy to Right; Many Might Boycott

Italians will vote on Sunday in what is being billed as a crucial election as Europe reels from repercussions of ...

Sensex tumbles 1021 points; over Rs 4 lakh cr investors' wealth eroded

Mumbai (Maharashtra) [India], September 23 (ANI): The Indian stock market's key indices, Sensex and Nifty, slumped by nearly two per ...

Sensex slides 735 points amid weak global cues; banking stocks tumble

Mumbai (Maharashtra) [India], September 23 (ANI): Extending the losses to the fourth consecutive day, the Indian stock market's key indices, ...

MM Finance tanks 14 per cent as RBI bars it from using third-party recovery agents

Mumbai (Maharashtra) [India], September 23 (ANI): The share price of MahindraMahindra Financial Services Limited crashed by more than 14 per ...

Indian stocks slump on global monetary policy tightening; Rupee at new low

New Delhi [India], September 23 (ANI): Indian stocks extended their losses from the previous session and declined further on Friday ...

Rupee breaches 81 mark for a new lifetime low

New Delhi [India], September 23 (ANI): Rupee tasted yet another lifetime low on Friday morning after the US dollar index ...

First time in over 20 years: Japan takes action to curb yen's slide

© Provided by Xinhua Japan could intervene in the foreign exchange market "anytime" to prevent the yen from falling further, ...

Zimbabwe, Chinese Investors Sign $2.8B Metals ParkDeal

Harare, Zimbabwe - There was a festive mood with music, food and decorations at Zimbabwe's State House last Friday as ...

RBI bars Mahindra Finance from using third-party recovery agents

Mumbai (Maharashtra) [India], September 22 (ANI): The Reserve Bank of India (RBI) on Thursday said it has barred MahindraMahindra Financial ...

US Fed signals aggressive rate hike: how will it impact Indian economy?

By Gyanendra Kumar KeshriNew Delhi [India], September 22 (ANI): The Federal Reserve, the central bank of the United States, on ...

India's recession safeguard revealed

Being ?decoupled? from global markets will help the country dodge an economic downturn, S&P has saidIndia is unlikely to join ...

RBI cancels the licence of Maharashtra-based Laxmi Co-operative Bank

New Delhi [India], September 22 (ANI): The Reserve Bank of India on Thursday cancelled the licence of Maharashtra-based Laxmi Co-operative ...

Mideast countries set to suffer more as U.S. Fed continues to hike rates

© Provided by Xinhua CAIRO, Sept. 22 (Xinhua) -- As the U.S. Federal Reserve raised its benchmark rates by 0.75 ...

Pakistan economy to slow to 3.5% in FY23: ADB report

New Delhi [India], September 22 (ANI): Pakistan's economy is forecast to slow to 3.5 per cent in the financial year ...

Rupee falls to record low vs dollar after US Fed hike

Mumbai [India], September 22 (ANI): The Indian rupee closed at a record low of 80.86 to the US dollar, down ...

Sensex slumps 337 points as US Fed hikes policy interest rates

Mumbai (Maharashtra) [India], September 22 (ANI): The Indian stock market's benchmark Sensex fell 337 points on Thursday after the US ...

Sensex, Nifty slump as US Fed hikes policy interest rates

Mumbai (Maharashtra) [India], September 22 (ANI): The Indian stock market's key indices, Sensex and Nifty, fell sharply on Thursday after ...

Mainland China's economy is expanding while global economic outlook for 2023 looks dim: SP Global Market Intelligence

New Delhi [India], September 22 (ANI): SP Global Market Intelligence on Thursday said mainland China's economy is expanding again after ...

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Construction

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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 ...

Foreign envoys expect deeper infrastructure cooperation with China

© Provided by Xinhua BEIJING, Sept. 23 (Xinhua) -- In the eyes of multiple foreign envoys, China's sci-tech breakthroughs and ...

Supply-chain disruptions in China likely to appear in coming months: Moody's Analytics

New Delhi [India], September 21 (ANI): Volatility in supply-chain disruptions in and around China is "bound to appear" in the ...

Dow plunges to nearly two-year low

The S&P 500 fell to its lowest level this year, while the Nasdaq is down 20% since March The Dow ...

Lyons announces appointments to board of Construction Industry Training Board Northern Ireland

Economy Minister Gordon Lyons has announced the appointment of a new Chair and twelve board members to the Construction Industry ...

U.S. housing starts rebound in August after declining in July

WASHINGTON, Sept. 20 (Xinhua) -- New construction of U.S. homes rebounded in August after falling in the previous month, but ...

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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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