Wed, 22 Mar 2023

US loans $300 billion to banks following closing of SVB bank

WASHINGTON D.C.: The US Federal Reserve Bank has announced that cash-strapped banks throughout the US borrowed some $300 billion during ...

Deloitte agrees to pay $31 mln fine to China after mistakes in audit

BEIJING, China: Following the inability of China Huarong Asset Management Co Ltd to release financial reporting obligations in 2020, China ...

UBS to buy Credit Suisse for fraction of its value, Swiss government to underwrite losses

ZURICH, Switzerland - Depositors will be fully protected, shareholders will have their equity dwarfed, while bond holders will be largely ...

SpaceX, Netflix, Boeing join largest US business mission to Vietnam

HANOI, Vietnam: SpaceX, Netflix and Boeing will join what is described as the "biggest-ever" U.S. business mission to meet in ...

US will seek jail sentence for Chinese businessman Guo Wengui

WASHINGTON D.C.: The US government has charged exiled Chinese businessman Guo Wengui with being the mastermind behind a complex conspiracy ...

US Senate leader: Federal safety probe needed for freight railroads

WASHINGTON D.C.: US Senate Majority Leader Chuck Schumer has said that following the East Palestine, Ohio derailment of a Norfolk ...

Washington buoyed by February retail sales growth

WASHINGTON D.C.: According to a report from the US Commerce Department, in February, US retail sales fell moderately, likely the ...

First Republic shares dive, U.S. stock markets reel

NEW YORK, New York - A dramatic fall in First Republic Bank' shares, despite a $30 billion lifeline extended to ...

Tyson Foods to close Arkansas, Virginia plants, 1,700 to lose jobs

SPRINGDALE, Arkansas: Tyson Foods said it will close two US chicken plants and lay off some 1,700 employees on 12th ...

Facebook expected to fire 10,000 as media companies contract

MENLO PARK, California: As the tech industry prepares for a major economic downturn, Facebook-parent company Meta Platforms has announced that ...

Nasdaq Composite sharply higher at Thursday close

NEW YORK, New York - U.S. stocks rallied Thursday as the Swiss National Bank came to the rescue of Credit ...

Former Silicon Valley Bank customers streaming to large US banks

SAN FRANCISCO, California: Media reports indicate that after the collapse of Silicon Valley Bank, many customers have applied to move ...

Under pressure to begin oil production, Biden ok's Alaska oil project

WASHINGTON D.C.: Despite a last-minute campaign from opponents, the US Department of Interior said that the Biden administration will approve ...

Indian stocks in green with focus on US monetary policy outcome

New Delhi [India], March 21 (ANI): Benchmark stocks in India closed Tuesday's trade in the green tracking positive overnight gains ...

Hong Kong remains most expensive location in Asia for business travel

Hong Kong, March (ANI): In spite of depressed demand for business travel to Hong Kong in 2022, it remained the ...

Rebound in global equities lifts Sensex up 248 pts in morning trade

Mumbai (Maharashtra) [India], March 21 (ANI): Domestic equity markets opened with gains on Tuesday, tracking stronger global cues. There is ...

Carter Verhaeghe scores twice to power Panthers past Wings

Carter Verhaeghe scored two goals to lead the Florida Panthers to a 5-2 road win over the Detroit Red Wings ...

Carter Verhaeghe scored twice to power Panthers past Wings

Carter Verhaeghe scored two goals to lead the Florida Panthers to a 5-2 road win over the Detroit Red Wings ...

Amazon slashes more jobs

The retail giant has confirmed new cost-cutting, saying an additional 9,000 workers will be let go after firing 18,000 employees ...

TDP will continue to fight till G.O. No. 1 is repealed: Chandrababu Naidu

Amaravati (Andhra Pradesh) [India], March 21 (ANI): Telugu Desam Party (TDP) chief Chandrababu Naidu on Monday said that his party ...

Kerala: ED arrests Santhosh Eapen in LIFE Mission Scam Case

Kochi (Kerala) [India], March 21 (ANI): Enforcement Directorate (ED) on Monday arrested Santhosh Eapen, the managing director of Unitac Builders ...

US tech giant slashes more jobs

Amazon has confirmed new cost-cutting, saying an additional 9,000 workers will be let go after firing 18,000 employees in JanuaryAmerica's ...

Why China is so important for the Russian economy

Beijing has been a crucial economic partner for Moscow in the face of intensifying Western sanctionsChinese President Xi Jinping arrived ...

Bill Gates wants global fire department for pandemics

The former software tycoon has called for funding for the WHO's Global Health Emergency CorpsPreventing another pandemic like Covid-19 requires ...

Tear Gas, Arrests as Kenya Opposition Stages Protests

NAIROBI, KENYA - Kenyan riot police fired tear gas Monday to disperse demonstrators gathered in Nairobi for a day of ...

Controversial Regasification Unit Arrives in Italy

Piombino, Italy - A new floating storage and regasification unit considered crucial to Italy's energy security arrived in Tuscany on ...

Sensex loses 376 points, Nifty drops 129 pts in morning trade

Mumbai (Maharashtra) [India], March 20 (ANI): Indian equity markets opened with losses on Monday, picking up weak global cues spilling ...

US, EU, Japan central banks join hands to keep dollars flowing: CNN Business

London [UK], March 20 (ANI): The US Federal Reserve and several other major central banks announced a coordinated effort on ...

Don't want to be in politics where there is heavy influence of money: TN BJP chief Annamalai

Chennai (Tamil Nadu) [India], March 19 (ANI): Bharatiya Janata Party Tamil Nadu chief K Annamalai on Sunday said on Sunday ...

The AI arms race highlights the urgent need for responsible innovation

The recent frenzy over language processing tools such as ChatGPT has sent organizations scrambling to provide guidelines for responsible usage. ...

Heat face Pistons, look to keep pace in playoff race

The Miami Heat got off to a woeful start on Saturday night, and it cost them. They'll look for a ...

As Economy Worsens, Lebanese Juggle Dizzying Rates for Devalued Pound

Beirut - When Caroline Sadaka buys groceries in the Lebanese capital Beirut, she keeps her phone in hand - not ...

Reducing HDL cholesterol may have an impact on infertility: Research

Houston [US], March 19 (ANI): Researchers at Houston Methodist demonstrated another link between high cholesterol and female infertility in sterile ...

No. 1 Alabama falls behind early, still routs No. 8 Maryland

Brandon Miller bounced back from a poor game to post 19 points and seven rebounds, leading top-seeded Alabama past eighth-seeded ...

NBA roundup: 76ers roll to 8th straight win

Joel Embiid and Tyrese Maxey scored 31 points apiece as the Philadelphia 76ers won their eighth straight game, beating the ...

Matt Murray shines as Leafs scrape by Senators in shootout

Matt Murray made 48 saves and stopped 6 of 9 shootout attempts to help the visiting Toronto Maple Leafs to ...

D.C. United hold off New York City FC

Santiago Rodriguez collected a goal and an assist to lead New York City Football Club to a 3-2 win over ...

UBS Mulls Credit Suisse Takeover with Swiss Government Assurances

UBS AG was mulling a takeover of its embattled Swiss peer Credit Suisse Saturday, sources said, which could allay fears ...

No. 3 Gonzaga puts experience up against No. 6 TCU

Powerhouse Gonzaga is one victory away from reaching the Sweet 16 for the eighth consecutive NCAA Tournament. The impressive streak ...

Fossil site is 'Rosetta Stone' for understanding early life: Study

Edinburgh [Scotland], March 18 (ANI): A world-famous fossil hoard's secrets have been revealed by cutting-edge technology, and they could provide ...

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US says citizens not to buy meds in Mexico, many contain fentanyl

WASHINGTON D.C.: The US State Department has issued a travel warning regarding dangerous fake pills sold at pharmacies in Mexico, ...

Newly signed Wyoming law outlaws use of abortion pill

CHEYENNE, Wyoming: A Wyoming bill outlawing the use or prescription of medication abortion pills, which was passed by the state's ...

US, states using cloud seeding to generate rain in west

DENVER, Colorado: The Southern Nevada Water Authority has voted to accept a $2.4 million grant from the US Bureau of ...

Wet winter ends three year California drought

WASHINGTON D.C.: The US government has reported that the exceptionally wet winter in California this year will offer relief from ...

US loans $300 billion to banks following closing of SVB bank

WASHINGTON D.C.: The US Federal Reserve Bank has announced that cash-strapped banks throughout the US borrowed some $300 billion during ...

US CDC reports 40% rise in pregnancy deaths during Covid

ATLANTA, Georgia: Data from the Centers for Disease Control and Prevention released this week showed that in 2021 during the ...

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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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