Wed, 04 Oct 2023

Nasdaq dives 248 points as interest rates reach for the stars

NEW YORK, NEW YORK - U.S. stocks tumbled on Tuesday as interest rates on 10 and 30-year Treasury yields approached ...

Chief medical officer warns of levels of Cannabis use in Ireland

DUBLIN, Ireland: The chief medical officer has issued a stark warning regarding the alarming levels of cannabis consumption in Ireland, ...

Deal unlikely to stop strike, say Kaiser Permanente workers' unions

OAKLAND, California: As their current contract expires and their unions prepare to strike, Kaiser Permanente workers' representatives said, on September ...

In the midst of slowdown, eurozone inflation hits a two-year low

FRANKFURT, Germany: Inflation in the eurozone hit a two-year low in September, signaling that the European Central Bank's (ECB) strategy ...

Factory activity in China shows first increase in six months

BEIJING, China: Official statistics released on the weekend showed that in September, Chinese factory activity expanded for the first time ...

Nasdaq Composite gains ground Monday, industrial stocks sag

NEW YORK, New York - The Nasdaq defied a general sell-off on U.S. equity markets Monday, as the new quarter ...

Demand for U.S. dollar soars Monday as Treasury yields rise

NEW YORK, New York - The U.S. dollar jumped sharply on Monday, extending its recent months-long rally.The euro crumbled to ...

United Airlines' pilots sign new contract for better pay, benefits

CHICAGO, Illinois: On September 29, the union representing United Airlines' pilots said its members had ratified a new four-year contract, ...

Slow economy means fewer Chinese travel abroad for holidays

SHANGHAI, China: Chinese officials report that 100 million people are traveling daily during the ongoing Golden Week holiday. Three times ...

New $5.2 billion battery factory to be built in Canada

STOCKHOLM, Sweden: Swedish lithium-ion battery producer Northvolt announced this week that it would build a $5.2 billion gigafactory in the ...

California fast food restaurants ordered to pay staff $20 an hour

SACRAMENTO, California: Fast food workers will now receive $20 per hour in California, after the governor signed a fast food ...

In $10 billion deal, China Eastern Airlines to acquire 100 more planes

BEIJING, China: In a deal worth US$10 billion at list prices this week, state-owned carrier China Eastern Airlines announced that ...

China says Evergrande chairman being investigated for 'illegal crimes'

BEIJING, China: This week, China Evergrande Group said its founder and chairman, Hui Ka Yan, is being investigated over suspected ...

Trial starts in California of Tesla Model 3 Autopilot fatality

RIVERSIDE COUNTY, California: In his opening statement this week in the first U.S. trial over allegations that a car autopilot ...

FTC takes Amazon to court for monopolizing online marketspace

SEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...

Saudia Arabia welcomes EV maker Lucid's first international factory

JEDDAH, Saudi Arabia: As part of Riyadh's efforts to further Saudi Arabia's electrification drive, electric vehicle (EV) maker Lucid announced ...

U.S. stock markets finish Friday mixed over Congress mayhem

NEW YORK, New York - Stock prices were punctured Friday bringing to an end the 'flash in the pan' rally ...

Fire risks force Hyundai, Kia to recall 3.37 million vehicles in US

WASHINGTON D.C. Due to internal brake fluid leaks that can cause an electrical short and could lead to engine fires, ...

US adds three Chinese companies to entities using Uyghur forced labor

WASHINGTON D.C. As part of its efforts to remove goods made by Uyghur forced labor from the U.S. supply chain, ...

Global aluminum output at record high in August with demand from China

LONDON, UK: In August, global production of primary aluminum hit an all-time high, with production running at an annualized rate ...

Russian far-right party proposes cancellation of flat tax regime

The measure would help reduce income disparity and flatten the inequality curve, the authors of a new bill have saidA ...

Mackenzie Hughes fighting for status while defending title

(Photo credit: Barbara Gauntt/Clarion Ledger / USA TODAY NETWORK) Mackenzie Hughes will be defending more than his second career PGA ...

Trump Receives Gag Order After Social Media Attack on Law Clerk

The judge presiding over Donald Trump's New York civil real estate fraud case on Tuesday imposed a gag order on ...

Disney ride gave woman painful wedgie, lawsuit claims

The plaintiff claims she suffered permanent injuries on a water slide in the Florida theme parkA woman has sued Walt ...

Golf Glance: Ryder Cup star Ludvig Aberg seeks maiden PGA Tour title

(Photo credit: Kyle Terada-USA TODAY Sports) Field Level Media's Golf Glance provides weekly news and storylines from each of the ...

Turkish inflation keeps rising, adding burden to ordinary Turks

© Provided by Xinhua by Burak AkinciANKARA, Oct. 3 (Xinhua) -- Türkiye's annual inflation climbed to more than 60 percent ...

Do 'sputnik moments' spur educational reform? A rhetoric scholar weighs in

Ever since the USSR surprised the United States with the Oct. 4, 1957, launch of the world's first artificial satellite ...

"For centuries we have been connected to India": Arunachal CM on Chinese claims over Arunachal

Tawang (Arunachal Pradesh) [India], October 3 (ANI): Dismissing Chinese claims over Arunachal Pradesh, Chief Minister Pema Khandu on Tuesday said ...

Indian economy to grow 6.3% World Bank

The South Asian nation will further demonstrate resilience in the challenging global environment, a new report saysIndia's economy will grow ...

Key indicators show China's economic recovery is gathering speed

© Provided by Xinhua BEIJING, Oct. 3 (Xinhua) -- China's economic recovery is gathering speed as key indicators from consumption ...

Inflation in Pakistan rises to 31 pc in September

Islamabad [Pakistan], October 3 (ANI): Inflation in Pakistan jumped to 31.4 per cent in September, the highest rate in four ...

No Water, No Fish, No Future: The Disappearing Little Aral Sea

Where water once stood is now an arid, dry, open landscape in western Kazakhstan punctuated with low-lying shrubs. Only when ...

EU prepared to give in to Hungarian demands FT

Viktor Orban had previously vowed to block any increase in the EU budget, jeopardizing the bloc's financial aid to KievThe ...

Inclusion in JPMorgan bond index a signal of India's importance globally: World Bank economist

New Delhi [India], October 3 (ANI): Inclusion in JPMorgan's benchmark emerging-market index will let India access an increased pool of ...

Stock market closes in red after trading in negative on weak global cues

Mumbai (Maharashtra) [India], October 3: After being in the negative territory on weak global cues, the stock market closed in ...

Finance Minister Nirmala Sitharaman boosts economic prospects in Tamil Nadu through grand lending camp

Coimbatore (Tamil Nadu) [India], October 3 (ANI): Union Finance Minister Nirmala Sitharaman spearheaded an economic boost for Tamil Nadu by ...

World Bank sees 5.8 pc growth in South Asia in 2023 fiscal

Washington [US], October 3 (ANI): South Asia is expected to grow by 5.8 per cent in the financial year 2023, ...

World Bank maintains India's 2023-24 GDP growth at 6.3 pc

New Delhi [India], October 3 (ANI): The World Bank has retained India's GDP growth forecast for the financial year 2023-24 ...

World Bank Sees China's Growth Sputtering to Slowest Rate Since 1960s

TAIPEI, TAIWAN - Hours after the People's Republic of China celebrated its 74th birthday October 1 with fireworks and flowers, ...

China's Evergrande Resumes Hong Kong Trading

HONG KONG - Shares in Chinese property giant Evergrande soared as trading resumed on Tuesday, following a suspension last week ...

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International Longshore and Warehouse Union declares bankruptcy

SAN FRANCISCO, California: To resolve a pending litigation with the Oregon affiliate of the International Container Terminal Services Inc (ICTSI), ...

Drought compels Panama Canal to reduce ships passing through to 31

PANAMA CITY, Panama: On September 30, the Panama Canal said that due to a drought that has reduced the supply ...

First flight from Libya to Italy in 10 years, takes off from Tripoli

TRIPOLI, Libya: Italy and Libya resumed commercial flights for the first time in ten years on September 30, with flight ...

Maine fire destroys Jamie Wyeth paintings, guts historical buildings

SAINT GEORGE, Maine: A fire destroyed several waterfront buildings in Maine on September 29, including an art gallery with several ...

ASEAN leadership: Members refuse Myanmar's leadership in 2026

JAKARTA, Indonesia - According to Asian diplomats and the Philippines' president, Southeast Asian leaders have decided that Myanmar will not ...

New video taken in Pacific shows 3 sunk WWII aircraft carriers

NEW LONDON, Connecticut: Video footage taken deep in the Pacific Ocean provided the first detailed view of three World War ...

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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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