Sat, 22 Feb 2025

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...

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...

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....

Taiwan promises to address US chip concerns, boost trade

Taiwan pledges chip talks and investment to mollify Trump

TAIPEI, Taiwan: Taiwan has vowed to address U.S. concerns over the semiconductor industry while increasing investment and trade with...

Hong Kong airline expands Australian connection

Hong Kong Airlines Launches Daily Direct Flights to Sydney

HONG KONG - Hong Kong Airlines has expanded its international network with the launch of a new daily direct service to Sydney, Australia,...

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...

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...

Rizwan Manji and Chandni Shah join the cast of comedy series 'Zarna'

Rizwan Manji and Chandni Shah join the cast of comedy series 'Zarna'

Washington DC [UK], February 22 (ANI): Rizwan Manji, best known for his role in the sitcom 'Schitt's Creek', and Chandni Shah has joined...

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...

Amid record gold prices, people selling old gold jewellery and booking profits: WGC

Amid record gold prices, people selling old gold jewellery and booking profits: WGC

New Delhi [India], February 21 (ANI): Retail buyers in India are opting to exchange old gold jewellery for new, rather than making...

Financial institutions must invest in digital infrastructure to stay competitive: RBI Deputy Governor

Financial institutions must invest in digital infrastructure to stay competitive: RBI Deputy Governor

Mumbai (Maharashtra) [India] February 21 (ANI): Financial institutions must invest in digital infrastructure and adopt a data-driven,...

Indian stocks open flat, remained under pressure due to muted earnings outlook and persistent FPI outflow

Indian stocks open flat, remained under pressure due to muted earnings outlook and persistent FPI outflow

Mumbai (Maharashtra) [India], February 21 (ANI): Indian stock markets opened on a weak note on Wednesday as selling by foreign portfolio...

What Does A U.S.-Russia Reset Mean For China

What Does A U.S.-Russia Reset Mean For China

The quick pace of U.S. diplomacy around ending the war in Ukraine and steps by Washington to normalize relations with Moscow have sparked...

Stocks remain under pressure over tariff uncertainties; Sensex down 203 points

Stocks remain under pressure over tariff uncertainties; Sensex down 203 points

Mumbai (Maharashtra) [India], February 20 (ANI): Domestic stock markets, on Thursday, ended marginally lower on third consecutive trading...

India's economic slowdown is caused by monetary and fiscal tightening; recent measures to drive growth: Report

India's economic slowdown is caused by monetary and fiscal tightening; recent measures to drive growth: Report

New Delhi [India], February 20 (ANI): India's current economic slowdown is not structural but cyclical, primarily caused by monetary...

How Norway Fed Russia's War Machine Despite EU Sanctions

How Norway Fed Russia's War Machine Despite EU Sanctions

The Kremlin's war on Ukraine has dented the vehicle stocks of the Russian military, which has increasingly relied on civilian trucks...

Amid tariff uncertainties, Gold outperforms equities, bitcoins in 2025: Ventura Securities

Amid tariff uncertainties, Gold outperforms equities, bitcoins in 2025: Ventura Securities

New Delhi [India], February 20 (ANI): Demand for safe-haven asset gold is on the rise at a time when there's a lot of uncertainty surrounding...

Indian market valuation near long-term average, FPI outflow may ease: Report

Indian market valuation near long-term average, FPI outflow may ease: Report

New Delhi [India], February 20 (ANI): Indian stock markets valuations are closer to their long-term averages after the correction of...

MentorMyBoard Concludes Mastering Boardroom Conclave & Awards in Mumbai

MentorMyBoard Concludes Mastering Boardroom Conclave & Awards in Mumbai

SMPL Mumbai (Maharashtra) [India], February 20: A remarkable day of corporate thought leadership, knowledge sharing, and recognition...

Indian stocks open in red amid concerns over global trade tensions

Indian stocks open in red amid concerns over global trade tensions

Mumbai (Maharashtra) [India], February 20 (ANI): The bears are continuously pulling the Indian markets down as the Nifty, and Sensex...

Ukraine running out of Patriot missiles Zelensky

Ukraine running out of Patriot missiles  Zelensky

The Ukrainian leader asked for the US to provide Kiev 20 more Patriot air defense systems, as well as missiles for them Kiev's forces...

Indian stocks close flat over Trump tariff worries, volatility remains

Indian stocks close flat over Trump tariff worries, volatility remains

Bengaluru (Karnataka) [India], February 19 (ANI): Indian stock indices continued to remain volatile over concerns about Trump's tariff...

"Visionless, rudderless Modi government has tanked Indian economy": Mallikarjun Kharge slams Sitharaman's remarks

"Visionless, rudderless Modi government has tanked Indian economy": Mallikarjun Kharge slams Sitharaman's remarks

New Delhi [India], February 18 (ANI): Congress chief Mallikarjun Kharge on Monday hit out at the government over Finance Minister Nirmala...

Stock markets end flat amid uncertainties over US tariffs, volatility expected to continue, say experts

Stock markets end flat amid uncertainties over US tariffs, volatility expected to continue, say experts

Mumbai (Maharashtra) [India], February 18 (ANI): Indian equity indices on Tuesday ended flat on Tuesday ahead of the Federal Open Market...

Indian equities to face near-term volatility, recovery expected in H2CY25: Report

Indian equities to face near-term volatility, recovery expected in H2CY25: Report

Mumbai (Maharashtra) [India], February 18 (ANI): Indian equity markets are likely to witness heightened volatility in the near term,...

Indian Stock markets open lower amid mixed global cues and US tariff concerns

Indian Stock markets open lower amid mixed global cues and US tariff concerns

Mumbai (Maharashtra) [India], February 18 (ANI): Indian stock markets on Wednesday opened lower despite mixed global cues and uncertainties...

Demand outlook remains strong for Indian textile sector: Report

Demand outlook remains strong for Indian textile sector: Report

New Delhi [India], February 19 (ANI): Although domestic cotton prices remain higher than international prices, the overall demand scenario...

EU weapons stocks empty - German defense contractor

EU weapons stocks empty - German defense contractor

Rheinmetall's CEO has urged the bloc to ramp up weapons spending amid the alleged Russia threat ...

EU weapons stocks empty German defense contractor

EU weapons stocks empty  German defense contractor

Rheinmetalls CEO has urged the bloc to ramp up weapons spending amid the alleged Russia threat The EU has depleted its arms stockpiles...

Shein could be a shot in the arm for the London Stock Exchange - but the fashion giant might not like the added scrutiny

Shein could be a shot in the arm for the London Stock Exchange - but the fashion giant might not like the added scrutiny

Fast fashion giant Shein's mooted flotation on the London Stock Exchange (LSE) could be larger than any stock exchange listing seen...

Despite opening in green after eight trading sessions, Indian markets are still under pressure of FPIs selling

Despite opening in green after eight trading sessions, Indian markets are still under pressure of FPIs selling

Mumbai (Maharashtra) [India], February 18 (ANI): Indian stock markets opened flat on Monday as foreign portfolio investor (FPI) outflows...

Indian Rupee likely to trade in 86.5-87.5/USD range in near term, RBI to keep limited intervention: BoB Report

Indian Rupee likely to trade in 86.5-87.5/USD range in near term, RBI to keep limited intervention: BoB Report

New Delhi [India], February 18 (ANI): The Indian Rupee (INR) is expected to trade within the range of 86.5 to 87.5 per US dollar in...

Global benchmarks trade mixed as investors continue to eye Trump

Global benchmarks trade mixed as investors continue to eye Trump

Tokyo —  Global shares traded mixed on Monday as investors continued to watch economic data and policy moves from U.S. President Donald...

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Thames water secures legal lifeline, avoids collapse
Judge approves emergency plan to save utility Thames Water

LONDON, U.K.: A judge has approved an emergency financial plan to prevent Britain's largest water company, Thames Water, from collapsing,...


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...


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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