Sat, 22 Feb 2025

Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs

Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...

Australian central bank cuts interest rates for first time since 2020

Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...

Brazil joins OPEC+ ahead of key UN climate summit

Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...

U.S. stock markets in sharp retreat Thursday

Wall Street tumbles Thursday, Dow Jones dives 451 points

NEW YORK, New York - U.S. stocks fell sharply Thursday as profit-takers moved in to take the cream off the substantial gains that have...

December sales growth in US revised up to 0.7% from 0.4 %

US retail sales post biggest drop in two years amid winter freeze

WASHINGTON, D.C.: Retail sales in the U.S. fell by the most in nearly two years in January, likely due to cold weather, wildfires,...

Standard and Poor's 500 closes at new all-time high

Dow Jones rises 71 points Wednesday, S&P 500 hits new high

NEW YORK, New York - U.S. stocks moved modestly higher on Wednesday with the Standard and Poor's racking up a new all-time closing...

Bundesbank chief warns US tariffs could hurt Germany for years

Germany at particular risk from US tariffs, Bundesbank warns

FRANKFURT, Germany: Germany faces significant economic risks from potential U.S. trade tariffs, which could dampen growth for years...

Italy’s Termoli plant shifts from EV batteries to hybrids

Stellantis to produce hybrid components at Termoli plant

MILAN, Italy: Stellantis announced this week that it will begin producing hybrid vehicle components at its Termoli plant in southern...

U.S. stock markets finish in black despite early losses

U.S. stocks make modest gains, Dow Jones adds 10 points

NEW YORK, New York - U.S. stocks crept into the black in late trading Tuesday after spending most of the day in negative territory....

Global stocks close higher, U.S. dollar edges higher

UK and European stocks rise as U.S. closes for Presidents Day

London, UK -  Monday's trading session ended with a diverse range of performances across global markets, as major indices posted modest...

Port of Brunswick in Georgia leads in auto shipments in US for 2024

Georgia's Brunswick becomes top US auto port, surpassing Baltimore

SAVANNAH, Georgia: The Port of Brunswick became the top U.S. seaport for automobiles in 2024, growing rapidly and surpassing the Port...

China accelerates coal expansion, surpasses 100GW in 2024

China's coal boom: 100GW added in 2024, highest in a decade

BEIJING, China: China's coal power expansion surged in 2024, with nearly 100 gigawatts of new coal plant capacity breaking ground—the...

India's global stature soars as strategic ties deepen, US and Europe see as crucial partner

India's global stature soars as strategic ties deepen, US and Europe see as crucial partner

New York [US], February 21 (ANI): India's international prominence is growing at an unprecedented rate, with global powers seeking...

US Treasurys Bessent, Chinas He trade economic complaints in call

US Treasurys Bessent, Chinas He trade economic complaints in call

WASHINGTON —  U.S. Treasury Secretary Scott Bessent traded policy complaints with Chinese Vice Premier He Lifeng on Friday, with Bessent...

(GloriousGuizhou)CHINA-GUIZHOU-KARST LANDSCAPE-DEPRESSIONS (CN)

(GloriousGuizhou)CHINA-GUIZHOU-KARST LANDSCAPE-DEPRESSIONS (CN)

(250221) -- PINGTANG, Feb. 21, 2025 (Xinhua) -- A panoramic drone photo taken on Feb. 19, 2025 shows a natural sinkhole cluster in...

"Lotus will bloom in Kerala," says Union Minister Piyush Goyal

"Lotus will bloom in Kerala," says Union Minister Piyush Goyal

Thiruvananthapuram (Kerala) [India], February 21 (ANI): Union Minister Piyush Goyal expressed confidence on Friday and said that BJP...

Budget proposals on agriculture, fiscal consolidation commitment positive for price stability: RBI policy minutes

Budget proposals on agriculture, fiscal consolidation commitment positive for price stability: RBI policy minutes

Mumbai (Maharashtra) [India], February 21 (ANI): The budget proposals on agriculture and the commitment to fiscal consolidation, among...

Surging energy prices could kill EU economy Orban

Surging energy prices could kill EU economy  Orban

The bloc has faced soaring costs in recent years after choosing to phase out cheap Russian energy Soaring energy prices could cripple...

Surging energy prices could 'kill' EU economy - Orban

Surging energy prices could 'kill' EU economy - Orban

The bloc has faced soaring costs in recent years after choosing to phase out cheap Russian energy ...

India faces economic risks in 2025 report

India faces economic risks in 2025  report

Moodys has downgraded the South Asian nations GDP growth projection to 6.4%, calling for fiscal policy reforms India's economic growth...

India faces economic risks in 2025 - report

India faces economic risks in 2025 - report

Moody's has downgraded the South Asian nation's GDP growth projection to 6.4%, calling for fiscal policy reforms ...

Assam CM responds to Bengal CM's 'Mrityu Kumbh' remark, calls Congress party 'anti-Sanatan'

Assam CM responds to Bengal CM's 'Mrityu Kumbh' remark, calls Congress party 'anti-Sanatan'

Prayagraj (Uttar Pradesh) [India], February 21 (ANI): Assam Chief Minister Himanta Biswa Sarma on Friday reacted to West Bengal Chief...

"This is a double-engine government with no engine" Rahul Gandhi slams BJP govt in UP

"This is a double-engine government with no engine" Rahul Gandhi slams BJP govt in UP

Raebareli (Uttar Pradesh) [India], February 21 (ANI): Leader of Opposition in Lok Sabha, Rahul Gandhi on Friday launched a scathing...

Assam CM Himanta Biswa Sarma thanks Yogi Adityanath for Mahakumbh arrangements

Assam CM Himanta Biswa Sarma thanks Yogi Adityanath for Mahakumbh arrangements

Prayagraj (Uttar Pradesh) [India], February 21 (ANI): Assam Chief Minister Himanta Biswa on Friday took a holy dip in the Triveni Sangam...

(EyesOnSci)CHINA-HUBEI-JINGMEN-AS700D-MAIDEN FLIGHT (CN)

(EyesOnSci)CHINA-HUBEI-JINGMEN-AS700D-MAIDEN FLIGHT (CN)

(250221) -- JINGMEN, Feb. 21, 2025 (Xinhua) -- China's AS700D electric manned airship is pictured during its maiden flight in Jingmen,...

Stock market ends in red, second week in a row; Sensex falls 424 points, nifty down 149 points

Stock market ends in red, second week in a row; Sensex falls 424 points, nifty down 149 points

Mumbai (Maharashtra) [India], February 21 (ANI): The Indian stock market ended the week on a weak note, with the Sensex declining 424.90...

Lucknow: UP Chief Secy, DGP chair review meeting for Maha Shivratri

Lucknow: UP Chief Secy, DGP chair review meeting for Maha Shivratri

Lucknow (Uttar Pradesh) [India], February 21 (ANI): Uttar Pradesh Chief Secretary Manoj Kumar Singh and UP Director General of Police...

India at forefront of providing growth engine to world, contributing 16 pc of Global growth: Goyal

India at forefront of providing growth engine to world, contributing 16 pc of Global growth: Goyal

Kochi (Kerala) [India], February 21 (ANI): India is at the forefront of providing growth engine to world and contributing 16 per cent...

Ethiopia welcomes Russian investment top MP

Ethiopia welcomes Russian investment  top MP

Agegnehu Teshager has highlighted the potential for expanded economic cooperation with Moscow Ethiopia offers significant opportunities...

Indian banks to face margin squeeze as RBI may go for more rate cuts

Indian banks to face margin squeeze as RBI may go for more rate cuts

New Delhi [India], February 21 (ANI): Indian banks are facing renewed pressure on their net interest margins (NIMs) as interest rates...

Ukraine ready for strong, effective investment and security agreement with US President: Zelenskyy after meeting Trump's envoy

Ukraine ready for strong, effective investment and security agreement with US President: Zelenskyy after meeting Trump's envoy

Kyiv [Ukraine], February 21 (ANI): Ukrainian President Volodymyr Zelenskyy held a meeting with US Special Presidential Envoy for Russia...

Maha Kumbh to bring more than Rs 3 lakh cr in UP's economy: CM Yogi Adityanath

Maha Kumbh to bring more than Rs 3 lakh cr in UP's economy: CM Yogi Adityanath

Lucknow (Uttar Pradesh) [India], February 21 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Friday highlighted the success...

India needs to become export-driven economy in electronics, chemicals, and energy to achieve 2047 goal: Report

India needs to become export-driven economy in electronics, chemicals, and energy to achieve 2047 goal: Report

New Delhi [India], February 21 (ANI): India must transition from a net importer to an export-driven economy in key sectors such as...

White House rebukes Zelenskys insults towards Trump

White House rebukes Zelenskys insults towards Trump

Kievs rhetoric is unfortunate and unacceptable, US National Security Adviser Mike Waltz has said The White House has condemned Ukrainian...

White House rebukes Zelenskys insults

White House rebukes Zelenskys insults

Kievs rhetoric is unfortunate and unacceptable, US National Security Adviser Mike Waltz has said The White House has condemned Ukrainian...

South Korea requests exclusion from US plan to increase tariffs

South Korea requests exclusion from US plan to increase tariffs

SEOUL, SOUTH KOREA —  South Korean officials have asked the Trump administration to exclude their country from U.S. plans to impose...

"Biofuel Scheme-2025" to boost state's economic prosperity, job creation: MP CM Yadav

"Biofuel Scheme-2025" to boost state's economic prosperity, job creation: MP CM Yadav

Bhopal (Madhya Pradesh) [India], February 21 (ANI): Madhya Pradesh Chief Minister Mohan Yadav said that the Biofuel Scheme-2025 will...

India's private sector growth hits six-month high in February: HSBC Flash PMI data

India's private sector growth hits six-month high in February: HSBC Flash PMI data

New Delhi [India], February 21 (ANI): India's private sector output surged to a six-month high in February, powered by a sharp expansion...

Vice President Dhankar attends Global Conference of Meditation Leaders

Vice President Dhankar attends Global Conference of Meditation Leaders

New Delhi [India], February 21 (ANI): Vice President of India Jagdeep Dhankar on Friday attended the second Global Conference of Meditation...

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U.S. stocks tumble as Trump policies startle investors
U.S. stock markets sour, Dow Jones dives 749 points

NEW YORK, New York - Concerns over U.S. President Donald Trump's startling diversions from his country's long-held policies, and the...


Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs
Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...


Australian central bank cuts interest rates for first time since 2020
Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...


Brazil joins OPEC+ ahead of key UN climate summit
Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...


U.S. stock markets in sharp retreat Thursday
Wall Street tumbles Thursday, Dow Jones dives 451 points

NEW YORK, New York - U.S. stocks fell sharply Thursday as profit-takers moved in to take the cream off the substantial gains that have...


China’s Xi Jinping reassures private sector on policy stability
China's Xi assures businesses, including Jack Ma, of country's stability

BANGKOK, Thailand: China's President Xi Jinping met with private sector leaders this week and assured them that the government's policies...


Featured story

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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