Thu, 23 Mar 2023

Techs jump in widespread U.S. stock markets advance

NEW YORK, New York - Wall Street continued its advance on Tuesday as investors continued to weigh up the health ...

US says citizens not to buy meds in Mexico, many contain fentanyl

WASHINGTON D.C.: The US State Department has issued a travel warning regarding dangerous fake pills sold at pharmacies in Mexico, ...

Mercedes modernizing EV plants in China, Germany, Hungary,

FRANKFURT, Germany: The German Automobilwoche magazine has reported that as part of its efforts to switch to selling electric vehicles ...

Banks rebound lifting U.S. stock markets, Nasdaq gains 45 points

NEW YORK, New York - U.S. stocks rallied on Monday following the weekend buy-in of Credit Suisse by UBS, which ...

US loans $300 billion to banks following closing of SVB bank

WASHINGTON D.C.: The US Federal Reserve Bank has announced that cash-strapped banks throughout the US borrowed some $300 billion during ...

Deloitte agrees to pay $31 mln fine to China after mistakes in audit

BEIJING, China: Following the inability of China Huarong Asset Management Co Ltd to release financial reporting obligations in 2020, China ...

UBS to buy Credit Suisse for fraction of its value, Swiss government to underwrite losses

ZURICH, Switzerland - Depositors will be fully protected, shareholders will have their equity dwarfed, while bond holders will be largely ...

SpaceX, Netflix, Boeing join largest US business mission to Vietnam

HANOI, Vietnam: SpaceX, Netflix and Boeing will join what is described as the "biggest-ever" U.S. business mission to meet in ...

After winning Apple contract, Foxconn to build factory in India

TAIPEI, Taiwan: Reuters reported that after winning an order to manufacture wireless AirPods earphones for Apple for the first time, ...

Blocking China's chip industry will raise costs, warns founder of TSMC

TAIPEI, Taiwan: The founder of chip manufacturer TSMC, Morris Chang, said that he supports the efforts of the US to ...

Russia plans to take over Toyota's St. Petersburg plant, says TASS

MOSCOW, Russia: State run news agency TASS has reported that Russia's Industry and Trade Minister Denis Manturov said that Japanese ...

Washington buoyed by February retail sales growth

WASHINGTON D.C.: According to a report from the US Commerce Department, in February, US retail sales fell moderately, likely the ...

To grow S. Korea's chip industry, Samsung to invest $230 billion

SEOUL, South Korea: In line with the country's efforts to boost its chip industry, South Korea's Samsung Electronics said it ...

First Republic shares dive, U.S. stock markets reel

NEW YORK, New York - A dramatic fall in First Republic Bank' shares, despite a $30 billion lifeline extended to ...

Rakesh Jhunjhunwala receives Padma Shri posthumously; Kumar Mangalam Birla receives Padma Bhushan

New Delhi [India], March 22 (ANI): Late billionaire investor Rakesh Jhunjhunwala's wife, Rekha, on Wednesday received the Padma Shri from ...

Committed to investment plans submitted to government: Adani Airports CEO

By Ashoke RajNew Delhi [India], March 22 (ANI): Amid challenges faced by the Adani Group and political heat over "regulatory ...

Another 50 US banks could fail ex-Lehman VP

The former senior executive says the Fed must cut rates and guarantee deposits held by regional lendersThe banking crisis could ...

First India-Gulf Cooperation Council and Strategic Cooperation dialogue with Saudi Arabia held

Riyadh [Saudi Arabia], March 22 (ANI): The first round of the India-Gulf Cooperation Council (GCC) Senior Officers Meeting (SOM) was ...

Delhi's growth to be higher than national average: CM Kejriwal

New Delhi [India], March 22 (ANI): As Delhi Budget for fiscal 2023-24 was presented on Wednesday, Chief Minister Arvind Kejriwal ...

RBI governor lays foundation stone for data centre, cybersecurity training institute in Bhubaneswar

Bhubaneswar (Odisha) [India], March 22 (ANI): Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday laid the foundation stone ...

Another 50 US banks could fail ex-Lehman banker

Former Lehman Brothers executive says the Fed must cut rates and guarantee deposits held by regional lendersThe banking crisis could ...

Most NATO states ignoring spending target Stoltenberg

Members ?need to deliver more in a more dangerous world,? the secretary general of the US-led military bloc saysNATO Secretary ...

What is systemic risk and how does it lead to a banking crisis?

The recent collapse of Silicon Valley Bank (SVB), a regional US bank that funded start-up companies in the technology and ...

We want to be leading airport operators not only in India but in world: Adani Airports CEO

New Delhi, [India], March 22 (ANI): Adani Airports Chief Executive Officer Arun Bansal on Wednesday said the company's ambition is ...

Nike sales jump as it works through inventory glut

Beaverton (Oregon) [US], March 22 (ANI): Nike made progress working through the inventory glut that squeezed the sneaker maker last ...

Li replaces Li as China's no 2 but with or without power?

Beijing [China], March 22 (ANI): Xi Jinping's close associate Li Qiang has become the new Chinese Premier, but the question ...

Delhi Budget for 2023-24 focuses on transport, health, education

New Delhi [India], March 22 (ANI): The Delhi administration finally presented its Budget document on Wednesday, a day after it ...

"I want to contribute Rs 5.11 cr for inmates' welfare": Sukesh Chandrasekhar writes to DG Prisons

New Delhi [India], March 22 (ANI): Incarcerated conman Sukesh Chandrashekhar on Wednesday wrote a letter to the Director General of ...

Google releases Bard to compete with ChatGPT

New York [US], March 22 (ANI): Google is opening up access to Bard, its new AI chatbot tool that directly ...

Key indices surge tracking strong global cues; Fed meeting in focus

Mumbai (Maharashtra) [India], March 22 (ANI): Key indices of domestic equity markets surged on Wednesday morning, tracking strong cues from ...

Rajasthan at number two in terms of economic development: CM Ashok Gehlot

Jodhpur (Rajasthan) [India], March 22 (ANI): Chief Minister Ashok Gehlot on Tuesday highlighted Rajasthan's economic growth at the International Exhibition ...

3i Infotech wins multi-vendor services contract worth Rs 7.49 crore

Mumbai (Maharashtra) [India], March 22 (ANI): 3i Infotech on Wednesday said it has won a bid for the provision of ...

RBI directs all banks to keep branches open till March 31 for annual closing

Mumbai (Maharashtra) [India], March 22 (ANI): With just only 10 days till the annual closing of the current financial year, ...

UN: School Meal Programs More than Just a Plate of Food

New York - Nearly 420 million children benefited from free school meals last year, a new World Food Program report ...

IMF's 'Pakistan' dilemma in lending: Report

Islamabad [Pakistan], March 22 (ANI): The International Monetary Fund (IMF) is in a dilemma regarding the sustainability of its funding ...

Amid SVB-led crisis, India plans to onshore innovations to Gujarat's GIFT City

New Delhi [India], March 21 (ANI): As Silicon Valley Bank-led crisis in the US banking system and contagion effect on ...

From policy to progress: India's steady march towards Sustainable Development Goals

New Delhi [India], March 21 (ANI): The world is witnessing an unprecedented rate of urbanization and development, however, this has ...

Japan-South Korea Summit: Countering China's aggression and North Korea's nuke threats

Tokyo [Japan], March 21 (ANI): In the world of fast-paced diplomatic activity, Japan and South Korea have shown that they ...

India's core inflation continue to defy softening input costs: RBI bulletin

Mumbai (Maharashtra) [India], March 21 (ANI): The Reserve Bank of India, in its monthly bulletin on Tuesday, noted that consumer ...

Indian stocks in green with focus on US monetary policy outcome

New Delhi [India], March 21 (ANI): Benchmark stocks in India closed Tuesday's trade in the green tracking positive overnight gains ...

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California joins with drugmaker to manufacture affordable insulin

SACRAMENTO, California: The state of California and generic drug manufacturer Civica have announced a 10-year partnership to produce affordable, state-branded ...

Newly signed Wyoming law outlaws use of abortion pill

CHEYENNE, Wyoming: A Wyoming bill outlawing the use or prescription of medication abortion pills, which was passed by the state's ...

US, states using cloud seeding to generate rain in west

DENVER, Colorado: The Southern Nevada Water Authority has voted to accept a $2.4 million grant from the US Bureau of ...

Wet winter ends three year California drought

WASHINGTON D.C.: The US government has reported that the exceptionally wet winter in California this year will offer relief from ...

German police crackdown on gangs blowing up ATMs in robberies

FRANKFURT, GERMANY: Authorities said that as part of a crackdown on gangs suspected of blowing up ATM machines and stealing ...

German visitor to talk computer chips in Taiwan

BERLIN, Germany: Germany will send a cabinet minister to visit Taiwan next week, at a time when Berlin is reviewing ...

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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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