Mon, 27 Jun 2022

One-third of car sales might be electric by 2028, says analysts

NEW YORK CITY, New York: Electric vehicle (EV) sales could reach 33 percent globally by 2028, and 54 percent by ...

G-7 meeting to hear bids to stop biofuel to reduce food prices

BERLIN, Germany: To prevent large increases in food prices, officials from G7 countries, including Germany and the UK, will push ...

Announcement expected this week to ban Juul e-cigarettes in US

WASHINGTON D.C.: The U.S. Food and Drug Administration (FDA) is preparing to order Juul Labs to stop selling its e-cigarettes ...

As US average home price reaches $400,000, sales fall

WASHINGTON D.C.: As average home prices surged to a record high, reaching the $400,000 mark for the first time, and ...

Russian rouble stronger, consumer prices falling

MOSCOW, Russia: Russia's consumer price index has fallen by 0.12 percent for the third consecutive week.This drop in the consumer ...

US businesses raise possible US-Taiwan free trade agreement

TAIPEI, Taiwan: The American Chamber of Commerce in Taiwan has recommended that the United States "urgently" initiate talks with Taiwan ...

Wall Street rallies hard, Nasdag gains more than three percent

NEW YORK, New York - Stocks on Wall Street and around the globe rallied hard on Friday pushing the major ...

Detroit automakers tell workers mask wearing now optional

DETROIT, Michigan: Detroit's three big automakers - General Motors, Ford and Chrysler parent Stellantis NV - have announced that wearing ...

Chinese developer says will accept wheat as payment for new house

HONG KONG: To cope with the weakening property market, developers in China are coming up with innovative ways to attract ...

Positive end to week for Asian stocks, Nikkei 225 advances 321 points

SYDNEY, NSW, Australia - Stocks in Asia made solid gains on Friday in a positive end to the week.In Japan, ...

China keeps up with demand for power during ongoing heat wave

BEIJING, China: Amidst warmer-than-normal weather, power consumption surged in the Chinese provinces north of the Yangtze river, with regions such ...

UK government pledges action after inflation rises 9.1% in May

LONDON, England: Surging food prices in the UK pushed consumer price inflation to 9.1 percent last month, a 40-year record ...

Cathay Pacific adds planes to Hong Kong, seeks to reopen after Covid

HONG KONG: Impacted by strict quarantine rules that caused a 98 percent drop in passengers, executives from Hong Kong carrier ...

Nasdaq Composite jumps 174 points in broad Wall Street rally

NEW YORK, New York - A softening of bond yields Thursday helped to underpin U.S. stock prices."What we're seeing here ...

Report: UK property prices rise slowest since January

LONDON, England: Prices for British homes this month rose at the slowest rate since January, as the cost of living ...

Two years to reduce inflation to 2 percent, predicts Fed's Mester

CLEVELAND, Ohio: It will take two years for U.S. inflation to fall to the central bank's 2 percent target, Cleveland ...

Asian stock markets move higher, U.S. dollar recovers overnight losses

SYDNEY, NSW, Australia - Stocks in Asia traded higher on Thursday. The Nikkei 225 in Tokyo gained 21.70 points or ...

Russian gas cut off causes EU to return to coal power

AMSTERDAM, Netherlands: Amidst Europe's response to Moscow's invasion of Ukraine and subsequent reduction of the deliveries of Russian gas, Germany, ...

Biden weighs pause to federal gas tax to reduce prices

WASHINGTON D.C.: U.S. Energy Secretary Jennifer Granholm has said that the Biden administration was evaluating a pause on federal gas ...

U.S. stocks rally runs out of steam, Nasdaq drops 16 points

NEW YORK, New York - U.S. stocks initially extended their rally on Wednesday but in the end sellers got the ...

In major expansion, Air India weighs purchase of 300 jets

NEW DELHI, India: Industry sources have said that Air India is in talks with Airbus and Boeing for the possible ...

Asian stocks skid, Russian rouble jumps to 7-year high against U.S. dollar

SYDNEY, NSW, Australia - Stocks in Asia were dumped on Wednesday, despite a strong rally on Wall Street overnight.Persistent fears ...

Biden OKs resumption of Venezuela oil exports

CARACAS, Venezuela: A cargo of Venezuelan oil totaling 650,000 barrels, chartered by Italy's Eni, is about to become the first ...

China's Macau reports Covid cases, begins mass testing

MACAU: After discovering 12 locally transmitted COVID-19 cases, Macau's government began mass COVID-19 testing for all residents this week. The ...

G7 Aims to Raise $600 Billion to Counter China's Belt and Road

Schloss Elmau, Germany - Group of Seven leaders Sunday pledged to raise $600 billion in private and public funds over ...

China silencing market analysts who bring to light country's catastrophic economic downturn

Beijing [China], June 27 (ANI): The accounts of a famous market analyst on Chinese social media have been deactivated after ...

Foreign issuers hit brakes on China's panda bonds as zero-COVID policy creates uncertainty

Shanghai [China], June 26 (ANI): Amid uncertainty over the zero-COVID policy, foreign issuers have hit the brakes on offerings of ...

Despite Strong Summer Start, Europe's Aviation Industry Frets

Rome, Italy - Air traffic is booming this summer, but after European vacations are over will passenger demand hold up?The ...

UN allocates USD 10 million to quake-hit Afghanistan

Kabul [Afghanistan], June 26 (ANI): United Nations has allocated USD 10 million from the UN Central Emergency Response Funds (UNCERF) ...

US Farmers Welcome Indo-Pacific Economic Framework

Polo, Illinois - Before the 2016 presidential election, Illinois farmer Brian Duncan looked to the Trans-Pacific Partnership (TPP) trade agreement ...

Lithuania clarifies stance on Russian exclave transit

President Nauseda says there can be no ?corridors? for sanctioned goods between Kaliningrad and mainland RussiaLithuania will maintain the ban ...

Authoritative regime of Xi Jinping accountable for mass exodus from Hong Kong

Hong Kong, June 26 (ANI): Under China's authoritarian regime, migration from Hong Kong has witnessed a sharp increase due to ...

Astros combine for no-no over Yankees behind Cristian Javier

Cristian Javier pitched seven innings and combined with two relievers on a no-hitter as the visiting Houston Astros beat the ...

India rapidly emerging as preferred destination for foreign investments

New Delhi [India], June 26 (ANI): India is rapidly emerging as a preferred country for foreign investments as the steps ...

EU has solution for blockade of Russia's Kaliningrad MEP

Brussels is preparing a document allowing goods to enter the Russian exclave, MEP Petras Austrevicius has claimedEuropean Union officials have ...

Centre to come up with one more PLI scheme for textile sector soon

Coimbatore (Tamil Nadu) [India], June 25 (ANI): Union Minister Piyush Goyal on Saturday said that the government is mulling over ...

Truck transporting garment workers overturns in Cambodia, leaving 27 injured: police

Phnom Penh [Cambodia], June 25 (ANI/Xinhua): A truck transporting garment workers to their factory flipped onto its side in the ...

US Fed makes confession about skyrocketing inflation

The Federal Reserve has no tools to deal with the problem, Jerome Powell saysUS Federal Reserve Chair Jerome Powell on ...

Xi Jinping is aware he needs Fintechs to support China's economy

Beijing [China], June 25 (ANI): Chinese Premier slammed the weaponization of the global financial system and vowed to meet domestic ...

Uzbekistan delivers 74 tons of humanitarian aid to quake-hit Afghanistan

Tashkent [Uzbekistan], June 25 (ANI): Uzbekistan sent 74 tons of humanitarian aid to neighbouring Afghanistan in order to address the ...

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As US average home price reaches $400,000, sales fall

WASHINGTON D.C.: As average home prices surged to a record high, reaching the $400,000 mark for the first time, and ...

Two years to reduce inflation to 2 percent, predicts Fed's Mester

CLEVELAND, Ohio: It will take two years for U.S. inflation to fall to the central bank's 2 percent target, Cleveland ...

Tigers' Javier Baez aims to continue hot streak vs. D-backs

The version of Javier Baez that the Detroit Tigers expected to see has arrived. The suddenly hot shortstop has homered ...

High-flying Guardians, Red Sox to clash in Cleveland

The Boston Red Sox put the clamps on the host Cleveland Guardians in the first game of their three-game set ...

Logan Webb looks to stand tall as Giants host Reds

Right-hander Logan Webb continues his pursuit of a spot on the National League All-Star team when he attempts to help ...

Francisco Lindor, Mets look to slam door on Marlins

Shortstop Francisco Lindor will look to lead the New York Mets again on Saturday when they visit the Miami Marlins. ...

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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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