Fri, 30 Sep 2022

Enormous debt forces Garuda Indonesia to file for bankruptcy

JAKARTA, Indonesia: Irfan Setiaputra, CEO of Indonesian flag carrier Garuda Indonesia, has confirmed to Reuters that last week the airline ...

Demand for Turkish drones rises, Malaysia, Indonesia voice interest

"Many Asian countries, especially Malaysia and Indonesia, show great interest in our defense industry products. Agreements are being signed," Turkish ...

Asian stock markets end mostly higher despite British pound weakness

SYDNEY, NSW, Australia - Stocks in Asia made broad brush gains on Thursday despite a sudden upturn in the U.S. ...

Apple says will manufacture iPhone 14 in India by end of 2022

CUPERTINO, California: In line with its efforts to move some of its production from China, Apple has announced that it ...

Australia forced to review regulations following Optus cyber-attack

CANBERRA: Australia: After hackers targeted Optus, the country's second-largest telecoms firm, Australian Prime Minister Anthony Albanese said the country will ...

U.S. stocks shoot higher as pound stabilizes, Nasdaq gains more than 2%

NEW YORK, New York - U.S. stocks, after plunging to year lows, finally changed direction Wednesday, with investors snapping up ...

GM to spend $760 million to build parts for electric vehicles in Ohio

DETROIT, Michigan: General Motors has announced that it will invest $760 million in its Toledo, Ohio factory to build drive ...

After Covid shutdown, China allows reopening of Macao in November

MACAU, Macao: After Macao's chief executive Ho Iat Seng announced this week that China would resume an e-visa scheme for ...

Stocks in Asia fall across-the board as recession fears take hold

SYDNEY, NSW, Australia - Stocks in Asia plummeted on Wednesday as the U.S. dollar continued to surge.Fears of higher interest ...

Deutsche Bank analyst warns Bank of England to raise rates

FRANKFURT, Germany: Deutsche Bank analyst George Saravelos said the Bank of England must raise interest rates as early as next ...

Shortage of materials, inflation slow Japanese factory output

TOKYO, Japan: As Japanese firms are coping with a global economic slowdown and high energy and raw material costs exacerbated ...

Stocks in U.S. mixed Tuesday, U.S. dollar rally extends

NEW YORK, New York - Stocks were choppy on global markets Tuesday as investors struggled with a slew of bad ...

After end to Covid aid, Canada has $4.67 billion budget surplus

OTTAWA: Canada's finance ministry has said that partly due to higher tax revenues and the end of COVID-19-related benefits, the ...

Bond sell-off spreads, US dollar rises

LONDON, England: If worldwide government bond losses continue, 2022 marks the worst year since 1949 as investor sentiment falls to ...

Sterling firms, Asian stock markets strengthen

SYDNEY, NSW, Australia - Stocks in Asia were mostly stronger on Tuesday after the heightened volatility of the previous day.Markets, ...

Labor shortages forcing UK to take in more foreign workers

LONDON, England: To tackle labour shortages in key industries, British Prime Minister Liz Truss is set to review the country's ...

Antonio Guterres agrees to hold donors' conference to help Pakistan: Shehbaz

ISLAMABAD, Pakistan - Prime Minister Shehbaz Sharif has stated that Pakistan may need to import over a million tonnes of ...

U.S. stock markets slide amidst turmoil on currency and bond markets

NEW YORK, New York - U.S. stocks had a choppy day Monday, which was marred by severe gyrations in bond ...

100th anniversary of renowned Hollywood sign calls for repaint

HOLLYWOOD, California: Ahead of its 100th anniversary, the world famous Hollywood sign on Mount Lee overlooking Los Angeles is being ...

US Senate targets Facebook, Google for money shared with news groups

WASHINGTON D.C.: The U.S. Senate Judiciary Committee has approved a bill that will allow news organizations to jointly negotiate with ...

Financial crisis hits Asian markets, British pound collapses

SYDNEY, NSW, Australia - An extraordinary plunge in the British pound to an all-time low on Monday has spooked investors, ...

1.1 million Teslas in U.S. recalled for software update

AUSTIN, Texas: Due to increased risks caused by a fault in its automatic window reversal system, electric vehicle maker Tesla ...

Surging costs to result in vegetable shortages, says EU farmers

PARIS, France: Throughout northern and western Europe, vegetable producers are considering not planting crops due to the financial effects of ...

Asian Development Bank cuts Asia growth forecast

MANILA, Philippines: Amidst increased central bank monetary tightening, Russia's invasion of Ukraine and COVID-19 lockdowns in China, the Asian Development ...

Stock falls after Gap cuts 500 corporate jobs

SAN FRANCISCO, California: Amidst declining margins and weak sales of outdated clothes of its brands, including Old Navy and Banana ...

Many forced out as US rental apartments jump 10% in price

WASHINGTON D.C.: Young workers in the U.S. have been the group most harmed by surging rental prices, with many taking ...

UN Chief calls annexation of Ukraine territories by Russia a violation of int'l law

New York [US], September 29 (ANI): UN Secretary-General Antonio Guterres said that any annexation of a state's territory by another ...

Obesity, overweight may cost 10 trillion to China

Beijing [China], September 29 (ANI): China has the world's largest number of people with overweight or obesity and they are ...

India's current account deficit widens to 2.8 per cent of GDP in April-June

Mumbai (Maharashtra) [India], September 29 (ANI): India's current account deficit (CAD) widened to $23.9 billion or 2.8 per cent of ...

UK 'working intensly' with India for FTAs: UK Foreign Secy

London [UK], September 29 (ANI): UK is "working intensely" with India to achieve the Free Trade Agreements soon, UK Foreign ...

China's COSCO bid big win for Hamburg port, says CEO

© Provided by Xinhua HHLA, the logistics company of the Port of Hamburg, agreed in September 2021 to sell a ...

Government lowers borrowing target for 2022-23 by Rs 10,000 crore

New Delhi [India], September 29 (ANI): The government on Thursday lowered the market borrowing target for the current financial year ...

Indian markets end flat: Sensex down 188 pts, Nifty down 41 points

Mumbai [India], September 29 (ANI): The benchmark indices on Indian equity markets closed flat on Thursday, due to the selling ...

World Bank slashes economic outlook for China to 2.8 pc

Beijing [China], September 29 (ANI): The World Bank on Tuesday slashed China's 2022 economic growth projection to 2.8 per cent, ...

Integration boosts development of twin cities in Guangdong

© Provided by Xinhua by Xinhua writers Ye Ting, Ma Xiaocheng, Xiong JiayiGUANGZHOU, Sept. 29 (Xinhua) -- It takes residents ...

Russia to formally annex four Ukraine regions tomorrow

Moscow [Russia], September 29 (ANI): Russia will hold a signing ceremony on Friday to incorporate the annexed four occupied regions ...

SCO members must pursue equitable, inclusive agenda, says MoS Anupriya Patel

New Delhi [India], September 29 (ANI): Minister of State for Commerce and Industry, Anupriya Patel has said constructive cooperation coupled ...

Constructive cooperation, coupled with trust and transparency key to tap trade potential of SCO members: Anupriya Patel

New Delhi [India], September 29 (ANI): Minister of State for Commerce and Industry Anupriya Patel said constructive cooperation, coupled with ...

Countrymade boat capsizes in Assam's Dhubri, at least 7 persons missing

Dhubri (Assam) [India], September 29 (ANI): A country-made boat carrying at least 50 people on board capsized in the Brahmaputra ...

Indian pulses industry makes pitch for Rupee-denominated trade with Myanmar

Mumbai (Maharashtra) [India], September 29 (ANI): To further the trade relationship between India and Myanmar around pulses, the industry body ...

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J.D. Martinez powers Red Sox past Orioles

J.D. Martinez belted a two-run homer in the eighth inning to lift the Boston Red Sox to a 5-3 win ...

White Sox snap eight-game slide by edging Twins

Jose Abreu hit an RBI double off the right field wall to drive in Mark Payton with the winning run ...

NL Central champ Cardinals face Pirates, old friend Johan Oviedo

Pitcher Johan Oviedo will get his first chance to face his old team when the Pittsburgh Pirates visit the St. ...

Javier Baez, Eduardo Rodriguez fuel Tigers past Royals

Javier Baez belted a two-run homer and Eduardo Rodriguez tossed 6 2/3 scoreless innings to lift the Detroit Tigers to ...

Bills WR Gabe Davis (ankle) sits out practice

Buffalo Bills wide receiver Gabe Davis did not participate in practice on Thursday. Davis, who was listed as limited in ...

Vikings RB Dalvin Cook (shoulder) practices

Minnesota Vikings running back Dalvin Cook, nursing a shoulder injury, was a full participant at practice Thursday in London. Cook ...

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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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