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...

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...

Amazon workers in North Carolina reject union, victory for retailer

Amazon North Carolina workers reject union, give retailer big win

RALEIGH, North Carolina: Amazon workers in North Carolina voted against joining a union, giving a big win for the company, which has...

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....

US Transportation Chief summons Boeing CEO over safety concerns

US transportation chief demands meeting with Boeing CEO on safety

WASHINGTON, D.C.: U.S. Transportation Secretary Sean Duffy said this week that he asked Boeing's CEO to come to Washington, D.C., as...

Tesla Cybertruck crash raises concerns over self-driving reliability

Cybertruck crash raises alarm about Tesla's self-driving software

RENO, Nevada: A Tesla Cybertruck crashed in Reno, Nevada, while using the Full Self-Driving (FSD) feature. The truck failed to merge...

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...

Igloo recalls over a million coolers over handle defects

Igloo recalls over million coolers after finger amputation injuries

NEW YORK CITY, New York: Igloo is recalling over a million of its rolling coolers across the U.S., Mexico, and Canada after reports...

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...

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...

Amid current economic uncertainties gold prices will continue to show an upward trend in 2025: Report

Amid current economic uncertainties gold prices will continue to show an upward trend in 2025: Report

New Delhi [India], February 21 (ANI): Gold prices have been on a strong upward trend in 2025, with analysts predicting that the metal...

Behind Nikola Jokic, Nuggets handle Hornets, extend win streak

Behind Nikola Jokic, Nuggets handle Hornets, extend win streak

(Photo credit: Ron Chenoy-Imagn Images) Nikola Jokic produced 29 points, 17 rebounds and nine assists, Jamal Murray scored 34, and...

Microsoft unveils Pentagon-backed quantum processor

Microsoft unveils Pentagon-backed quantum processor

The company has touted Majorana 1 as a technological breakthrough, with the research attracting attention from the US government ...

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...

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...

Despite growth in economic activities Fed minutes signals rate cut on hold

Despite growth in economic activities Fed minutes signals rate cut on hold

New Delhi [India], February 20 (ANI): The Federal Open Market Committee (FOMC) remains focused on its dual mandate of maximum employment...

Microsoft just claimed a quantum breakthrough. A quantum physicist explains what it means

Microsoft just claimed a quantum breakthrough. A quantum physicist explains what it means

Researchers at Microsoft have announced the creation of the first topological qubits in a device that stores information in an exotic...

No. 14 Michigan State uses balance to subdue No. 13 Purdue

No. 14 Michigan State uses balance to subdue No. 13 Purdue

(Photo credit: Alex Martin/Journal and Courier / USA TODAY NETWORK via Imagn Images) Jase Richardson led a balanced attack with 12...

US halts multi-million MCC pact aimed to bolster road, transmissi

US halts multi-million MCC pact aimed to bolster road, transmissi

Kathmandu [Nepal], February 18 (ANI): The US has halted the multi-million US Dollar Millennium Challenge Corporation (MCC) pact aiming...

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,...

Trump tariffs are likely to raise US PCE inflation by 0.7% and hurt GDP by 1.2%: Report

Trump tariffs are likely to raise US PCE inflation by 0.7% and hurt GDP by 1.2%: Report

New Delhi [India], February 19 (ANI): The new tariff plans of US President Donald Trump will lift near-term inflation and hurt growth...

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...

World Bank: Afghanistan's economic recovery precarious

World Bank: Afghanistan's economic recovery precarious

ISLAMABAD The World Bank reported Monday that the economic recovery in Taliban-controlled Afghanistan remains precarious, beset by...

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...

Investments in AI to surge in IT services as enterprises expand deployments: Report

Investments in AI to surge in IT services as enterprises expand deployments: Report

New Delhi [India], February 17 (ANI): The adoption of artificial intelligence (AI) is accelerating as enterprises move beyond proof-of-concepts...

Nebraska erases 20-point deficit to stun Northwestern

Nebraska erases 20-point deficit to stun Northwestern

(Photo credit: David Banks-Imagn Images) Brice Williams converted 7 of 8 free throws in the final 1:33 as Nebraska rallied from a...

Actors Vikrant Massey, Bhumi Pednekar share tips to tackle exam stress in interaction with students at Pariksha Pe Characha

Actors Vikrant Massey, Bhumi Pednekar share tips to tackle exam stress in interaction with students at Pariksha Pe Characha

New Delhi [India], February 16 (ANI): Actor Vikrant Massey and Bhumi Pednekar appeared in the eighth edition of Prime Minister Narendra...

Xinhua Headlines: From traditional frugality to recycling powerhouse: China's green transformation

Xinhua Headlines: From traditional frugality to recycling powerhouse: China's green transformation

(250216) -- TIANJIN, Feb. 16, 2025 (Xinhua) -- A staff member dumps waste at the Everbright Environmental Energy (Tianjin) Co., Ltd....

Taiwan President Lai Ching-te vows to increase its investment in US

Taiwan President Lai Ching-te vows to increase its investment in US

Taipei [Taiwan], February 16 (ANI): Taiwan President William Lai has announced plans to increase the country's investment in the US...

Trump sends defense stocks crashing

Trump sends defense stocks crashing

Shares of Lockheed Martin plunged after the US president said he may halve military spending ...

Ruble rises against US dollar to seven-month high

Ruble rises against US dollar to seven-month high

MOSCOW, 13th February, 2025 (WAM) -- The Russian currency surged against the US dollar today, as the exchange rate dropped below 90...

Dubai Future Foundation, IBM join forces to make Dubai global AI hub

Dubai Future Foundation, IBM join forces to make Dubai global AI hub

DUBAI, 11th February, 2025 (WAM) - Dubai Future Foundation (DFF) and IBM today at the World Governments Summit (WGS) 2025 signed an...

G42, Microsoft launch Responsible AI Foundation

G42, Microsoft launch Responsible AI Foundation

ABU DHABI, 9th February, 2025 (WAM) -- G42 and Microsoft have officially launched a Responsible AI Foundation, the first centre of...

Department of Government Enablement showcases Abu Dhabi's AI leadership at Microsoft AI tour

Department of Government Enablement showcases Abu Dhabi's AI leadership at Microsoft AI tour

ABU DHABI, 7th February, 2025 (WAM)-- The Department of Government Enablement - Abu Dhabi (DGE) showcased Abu Dhabi's leadership in...

Korean won dips to yearly low

Korean won dips to yearly low

SEOUL, 3rd February, 2025 (WAM) -- The Korean currency weakened sharply against the US dollar Monday on growing concerns about the...

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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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