Thu, 21 Sep 2023

Nasdaq Composite tumbles 209 points after Fed leaves rates unchanged

NEW YORK, New York - Interest rates could stay higher for longer, but there is the possibility of rate cuts ...

Amid possible Riksbank rate rise, Swedish Krona stumbles against euro

STOCKHOLM, Sweden: Days before the Riksbank, Sweden's central bank, is expected to again raise interest rates, the Swedish krona hit ...

Farmers cannot transport crops due to low Mississippi River level

NEW ORLEANS, Louisiana: As Midwest farmers prepare to harvest crops and send tons of grain downriver to the Gulf of ...

Indonesian imports declined more than expected, shows government data

JAKARTA, INDONESIA: Government data released this week showed that as imports, such as raw materials and capital goods, declined more ...

Wall Street falls ahead of Federal Reserve interest rate decision

NEW YORK, New York - U.S. investors fretted Tuesday while the U.S. central bank deliberated on whether to hike interest ...

Shaky consumer trust, labor cost hit holiday hires by US retailers

CHICAGO, Illinois: According to a report released by global outplacement and executive coaching firm Challenger, Gray & Christmas, U.S. retailers ...

UK approves $621 million to Tata Steel's Welsh site

LONDON, UK: In a deal aimed at securing the future of the British steel industry, the United Kingdom (UK) government ...

Gas exports from Chevron Australia continue, despite outage, strikes

SYDNEY, Australia: Contrary to earlier concerns, exports of liquefied natural gas (LNG) continued from Chevron's two Western Australian plants last ...

U.S. stocks quiet ahead of Federal Reserve meeting on Tuesday

NEW YORK, New York - U.S. stocks stocks were quiet and little changed Monday, ahead of the Federal Reserve's monthly ...

EU threatens Mercedes with ban of cars over rigging pollution testing

BERLIN, Germany: Mercedes-Benz has been warned that Germany could issue a recall for some autos found to have pollution-defeat devices ...

Northrop Grumman, Lockheed sanctioned by China for sales to Taiwan

BEIJING, China: U.S. aerospace and defense firms Northrop Grumman and Lockheed Martin have been sanctioned by China for selling weapons ...

Salesforce CEO says company will hire 3,300 employees

San Francisco, California: Salesforce, the cloud-based software company, is set to hire 3,300 employees in various departments, Bloomberg News reported. ...

Qantas business class passengers being taken for ride

SYDNEY, NSW, Australia - Qantas has pitched business and first class seats on almost its entire network at unreachable levels ...

Tesla close to die casting EV's complex underbody in one piece

AUSTIN, Texas: In a bid to leave its rivals struggling to keep pace, Tesla has pioneered the use of huge ...

Contract-related costs could be $500 million more than expected: UPS

ATLANTA, Georgia: This week, United Parcel Service (UPS) said due to a new five-year contract covering some 340,000 Teamsters-represented workers ...

Poor weather to cost Asian apparel hubs $65 billion in exports by 2030

ITHACA, New York: A recent study by Schroders and Cornell University warns that extreme heat and flooding may result in ...

Moderna says new flu vaccine equal or better than those of competitors

CAMBRIDGE, Massachusetts: This week, Moderna said that a late-stage trial showed that compared to traditional flu shots, its new flu ...

India to draft new EV investment policy, says commerce minister

NEW DELHI, India: This week, Piyush Goyal, India's commerce minister, said the government will draft a new policy to attract ...

EU says cheap Chinese EVs profit from state subsidies, launches probe

BRUSSELS, Belgium: This week, the European Commission launched an investigation into the influx of Chinese electric vehicles (EV) to protect ...

New labor deal with Teamsters union to be below $30 billion: UPS CEO

ATLANTA, Georgia: This week, Brian Newman, CEO of United Parcel Service (UPS), said that a new five-year deal with Teamsters-represented ...

Diamond producers angry at G7's Russia ban FT

The G7 and the EU are considering an embargo on exports of precious stones from the sanctioned countryA group of ...

7 most anomalous places in Russia

In these places, mobile phones don't work, compasses go crazy and the locals tell chilling stories about little green men. ...

Yahsat increases interim cash dividends to AED 201 million for H1-23

Abu Dhabi [UAE], September 21 (ANI/WAM): Al Yah Satellite Communications Company PJSC, listed on the Abu Dhabi Securities Exchange on ...

China's list of disappearing leaders continues to grow

Hong Kong, September 21 (ANI): First it was China's top diplomat, then the commander and political commissar of the People's ...

Republicans' Spending Fight Pushes US Closer to Government Shutdown

Infighting among Republicans in the House of Representatives over spending bills has brought the United States to within 10 days ...

YouTube cuts Russell Brand's ad revenue following rape allegations

The British comedian and political pundit has been accused of sexually abusing womenYouTube has suspended advertising earnings for Russell Brand, ...

Diamond industry blasts potential sanctions on Russian gems FT

The G7 and the EU are considering an embargo on exports of precious stones from the sanctioned countryA group of ...

Selling spree continues in Indian stocks for third straight day

New Delhi [India], September 21 (ANI): The selling spree continues in Indian stock markets for the third straight session as ...

Low-interest rates prompted households to shift to physical assets: SBI Research

New Delhi [India], September 21 (ANI): A low-interest rate regime in India during the pandemic resulted in a "paradigm shift" ...

US Fed keeps interest rate unchanged but cautions on elevated inflation

Washington [US], September 21 (ANI): The US Federal Reserve in its September policy meeting left the key interest rate unchanged ...

Chinese property giants hit hard with nearly USD 3 billion in forex losses

Beijing [China], September 21 (ANI): China's leading real estate firms have reported nearly USD 3 billion in foreign exchange losses ...

U.S. gov't even closer to shutdown as national debt breaks 33 tln USD

© Provided by Xinhua The deadlocked House has five days left in session before the Sept. 30 deadline to avert ...

US Fed leaves rates unchanged

WASHINGTON, 20th September, 2023 (WAM) -- The US Federal Reserve unanimously voted today to hold its overnight interest rates unchanged ...

Europe Risks Dependence on Chinese Batteries, EU Report Finds

London - Europe is in danger of becoming as reliant on China for batteries and fuel cells as it was ...

West needs to listen to Global South UK

Leaders in developing countries feel ignored as Ukraine takes center stage, said James CleverlyLeaders of the Global South are growing ...

Fed Keeps Rates Unchanged, Signals Another Hike Later This Year

washington - The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three ...

RT's threat to US national security exposed

A satire video by the Russian network made it into Washington's latest homeland threat assessment reportThe US Department of Homeland ...

West needs to listen to Global South UK foreign secretary

Leaders in developing countries feel ignored as Ukraine takes center stage for the West, said James CleverlyLeaders of the Global ...

Germany at risk of becoming Sick Man of Europe Deutsche Bank

The Eurozone's industrial powerhouse is dealing with a recession and an energy crisisThe struggling German economy could once again be ...

Net Zero Nuclear announces GE Hitachi Nuclear Energy as first corporate partner

NEW YORK, 20th September, 2023 (WAM) -- Net Zero Nuclear, the initiative calling for collaboration among government, industry leaders and ...

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Polish government bans all Russian-registered passenger cars

WARSAW, Poland: As part of European Union (EU) sanctions imposed against Russia over its invasion of Ukraine, Poland banned all ...

Over 10,000 Alabama 3rd graders may be held back due to reading law

MONTGOMERY, Alabama: Last week, Alabama's school chief, Superintendent Eric Mackey, said that under new reading benchmarks to move to fourth ...

Federal Reserve losses surpass $100 billion, and still rising

WASHINGTON D.C.: Last week, the Federal Reserve said its losses surpassed the US$100 billion mark and will likely continue to ...

US approves drone munition sales worth US$313.4 million to Canada

ARLINGTON, Virginia: This week, the U.S. State Department approved the potential sale of drone-related munitions and other systems to Canada ...

US NIH starts early-stage trials of flu vaccines on humans

BETHESDA, Maryland: This week, the US National Institutes of Health (NIH) said that it started early-stage human trials on FluMos-v2, ...

Hawaii governor reports updated wildfire deaths at 97, 33 missing

MAUI, Hawaii: Hawaii Governor Josh Green has announced that the death toll from last month's deadly fire on Maui has ...

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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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