Fri, 22 Sep 2023

eVTOL maker Joby chooses Ohio for its flying taxis plant

DAYTON, Ohio: Under an agreement announced this week, Joby Aviation will produce state-of-the-art electric vertical takeoff and landing (eVTOL) aircraft ...

Stocks in U.S. and around world decline as bond yields jump

NEW YORK, New York - U.S. stocks and bonds caught on to a global trend Thursday as sellers took charge ...

Chicago Symphony Orchestra, musicians' union ink a new deal

CHICAGO, Illinois: The Chicago Symphony Orchestra (CSO) and the Chicago Federation of Musicians announced over the weekend that they agreed ...

Alibaba head, President Erdogan debate $2 billion funding in Turkey

ANKARA, Turkey: During a meeting, Michael Evans, President of the Alibaba Group, told Turkish President Tayyip Erdogan that the Chinese ...

Tesla, Saudi Arabia discussing potential EV factory, says WSJ

NEW YORK: This week, the Wall Street Journal (WSJ) reported that U.S. electric vehicle (EV) maker Tesla and Saudi Arabia ...

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 ...

Healthy corporate sector performance strengthens investor confidence in Indian growth story, says Finance Ministry

New Delhi [India], September 22 (ANI): The Department of Economic Affairs, Ministry of Finance, released its August Monthly Economic Review ...

Chinese yuan strengthens to 7.1729 against USD Friday

© Provided by Xinhua BEIJING, Sept. 22 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the ...

Explainer: How Western media manipulate data to badmouth Chinese economy

© Provided by Xinhua Western media journalists often position themselves as professionals who rely on data to substantiate their claims. ...

RBI issues new prudential regulations for All India Financial Institutions

New Delhi [India], September 22 (ANI): The Reserve Bank of India (RBI) on Thursday announced the issuance of the Reserve ...

UAE stocks generate strong cash flows Thursday as DFM hits 8-month high

ABU DHABI, 21st September, 2023 (WAM) -- UAE stock markets Thursday continued to capitalise on improved investor sentiments, defying US ...

Why you're probably paying more interest on your mortgage than you think

For most things we buy, the price we are quoted is the price we pay.That's supposed to be the case ...

EU country resolves grain dispute with Ukraine Reuters

Slovakia is set to establish a licensing system with Kiev for agricultural trade, the news agency reportsSlovakia and Ukraine have ...

ENEC discusses future collaboration with US businesses at US-UAE Business Council briefing

WASHINGTON D.C., 21st September, 2023 (WAM) -- The Emirates Nuclear Energy Corporation (ENEC) was hosted by the US-UAE Business Council ...

Uttar Pradesh's economic growth is truly commendable: President Droupadi Murmu

Greater Noida (Uttar Pradesh) [India], September 21 (ANI): President Droupadi Murmu on Thursday said that the economic growth happening in ...

Bank of England maintains interest rate at 5.25 pct

© Provided by Xinhua This is the first time the BoE has kept the interest rates unchanged after 14 consecutive ...

Türkiye delivers new hefty rate hike to tame resurging inflation

© Provided by Xinhua by Burak AkinciANKARA, Sep. 21 (Xinhua) -- Türkiye's central bank on Thursday announced an interest rate ...

I2U2 unveils digital platform to strengthen public-private partnership among member nations

New Delhi [India], September 21 (ANI): The I2U2 group on Thursday launched a website to strengthen the public-private partnership in ...

China's non-financial ODI up 18.8 pct in January-August

© Provided by Xinhua BEIJING, Sept. 21 (Xinhua) -- China's non-financial outbound direct investment (ODI) increased 18.8 percent year on ...

World leaders call for action on climate change, SDGs

© Provided by Xinhua Addressing the climate crisis is no longer optional. It is an immediate necessity.UNITED NATIONS, Sept. 21 ...

Türkiye extends tourism season amid robust arrivals

© Provided by Xinhua by Burak AkinciANKARA, Sept. 21 (Xinhua) -- Türkiye is extending its tourism season into the fall ...

IMF chief asks Pakistan PM Kakar to tax the rich

New York [US], September 21 (ANI): Pakistan caretaker Prime Minister Anwarul Haq Kakar during his visit to the UNGA session ...

EU to back members against Ukraine FT

Kiev has filed a WTO case against Poland, Hungary, and Slovakia over their ban on Ukrainian grain importsThe EU is ...

Poland issues warning to Ukrainian oligarchs

Defense Minister Mariusz Blaszczak says Kiev's grain harms Poland and should not be sold on the domestic marketPoland's defense minister ...

Israel clears nuclear deal with Saudi Arabia WSJ

Riyadh wants a civilian atomic program but would also consider a military path, should Iran choose to take that routeIsrael ...

Indian domestic airlines experience soaring passenger growth in 2023

New Delhi [India], September 21 (ANI): The Indian domestic aviation sector has witnessed an impressive surge in passenger traffic during ...

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US business optimism about China at record low: Survey

SHANGHAI, China: A survey published this week by the American Chamber of Commerce (AmCham) in Shanghai showed that political tensions ...

eVTOL maker Joby chooses Ohio for its flying taxis plant

DAYTON, Ohio: Under an agreement announced this week, Joby Aviation will produce state-of-the-art electric vertical takeoff and landing (eVTOL) aircraft ...

Stocks in U.S. and around world decline as bond yields jump

NEW YORK, New York - U.S. stocks and bonds caught on to a global trend Thursday as sellers took charge ...

Chicago Symphony Orchestra, musicians' union ink a new deal

CHICAGO, Illinois: The Chicago Symphony Orchestra (CSO) and the Chicago Federation of Musicians announced over the weekend that they agreed ...

Alibaba head, President Erdogan debate $2 billion funding in Turkey

ANKARA, Turkey: During a meeting, Michael Evans, President of the Alibaba Group, told Turkish President Tayyip Erdogan that the Chinese ...

Tesla, Saudi Arabia discussing potential EV factory, says WSJ

NEW YORK: This week, the Wall Street Journal (WSJ) reported that U.S. electric vehicle (EV) maker Tesla and Saudi Arabia ...

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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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