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Egypt, EU Invest to Combat Inflation, Currency Crisis

June 29, 2024 19:26

Cairo, Jun 29 (AP) Egypt and the European Union on Saturday opened a two-day investment conference to advance the implementation of their strategic partnership agreement that includes a 7.4...

Egypt, EU Invest to Tackle Inflation, Currency Crisis - AP News

June 29, 2024 18:04

Cairo, Jun 29 (AP) Egypt and the European Union on Saturday opened a two-day investment conference to advance the implementation of their strategic partnership agreement that includes a 7.4...

UN Warns: Only 17% of Global Goals on Track by 2030

June 29, 2024 10:27

United Nations, Jun 29 (AP) The United Nations warned Friday that only 17% of its 169 targets to improve life for the world's more than 7 billion people are on track to be reached by the 2030...

Argentina's President Milei's Economic Overhaul Passes After Protests

June 28, 2024 22:37

Buenos Aires (Argentina), Jun 28 (AP) Argentina's lower house on Friday approved President Javier Milei's sweeping economic overhaul bills, sealing a much-needed legislative victory for the...

Trump Media Stock Jumps After Debate | Truth Social

June 28, 2024 19:08

New York, Jun 28 (AP) Shares of Trump Media, the owner of social networking site Truth Social, jumped 5 per cent at the opening bell on Friday after the first US presidential debate, with some...

Argentine Congress Approves Milei's Economic Overhaul

June 28, 2024 19:01

Buenos Aires, Jun 28 (AP) Argentina's lower house on Friday approved President Javier Milei's sweeping economic overhaul bills, sealing a much-needed legislative victory for the libertarian leader...

Stock Market Today: Asian Shares Rise Ahead of US Inflation Report

June 28, 2024 12:09

Tokyo, Jun 28 (AP) Asian shares gained Friday as traders looked ahead to a key report on inflation that could influence the Federal Reserve's next move on interest rates. Japan's benchmark Nikkei...

US Jobless Claims Fall, Benefits Rise to 2021 High

June 27, 2024 19:13

Washington, Jun 27 (AP) Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years....

US Economy Grows 1.4% in Q1: Slower Growth but Signs of Resilience

June 27, 2024 18:34

Washington, Jun 27 (AP) The American economy expanded at a 1.4 per cent annual pace from January through March, the slowest quarterly growth since spring 2022, the government said Thursday in a...

Aer Lingus Pilots Strike: Hundreds of Flights Cancelled

June 26, 2024 15:31

London, Jun 26 (AP) Aer Lingus pilots launched an industrial action on Wednesday, leading to the cancellation of hundreds of flights and tossing the travel plans of tens of thousands into...

Stock Market Today: Asian Shares Mixed After Nvidia Boost

June 26, 2024 09:29

Bangkok, Jun 26 (AP) Asian shares are mixed after a rebound for Nvidia propped up a weakened Wall Street. Japan's Nikkei jumped 1.4 per cent to 39,726.39, buoyed by strong demand for technology...

Geothermal Energy: A Big Boost for Climate Change Solutions

June 25, 2024 17:05

Sacramento (California), Jun 25 (AP) One method of making electricity cleanly to address climate change has been quietly advancing and on Tuesday it hit a milestone. A California utility is...

Ford Recalls 550,000 F-150 Pickups for Transmission Issue

June 25, 2024 16:56

Detroit, Jun 25 (AP) Ford is recalling more than 550,000 pickup trucks in the US because the transmissions can unexpectedly downshift to first gear no matter how fast the trucks are going. The...

Ukraine, Moldova Launch EU Membership Talks - AP News

June 25, 2024 16:02

Brussels, Jun 25 (AP) Ukraine is set to officially launch membership talks with the European Union on Tuesday in what President Volodymyr Zelenskyy has described as a dream come true for his...

China Slams Trade Tensions Amid EV Tariff Issue

June 25, 2024 14:31

Taipei, Jun 25 (AP) Open markets and green technologies are vital for stabilising global growth, China's premier said Tuesday, while criticising trade tensions as he opened a conference in...

Ukraine, Moldova Begin EU Membership Talks

June 25, 2024 13:57

Brussels, Jun 25 (AP) Ukraine is set to officially launch membership talks with the European Union on Tuesday in what President Volodymyr Zelenskyy has described as a dream come true for his...

EU Accuses Apple of App Store Antitrust Violations

June 24, 2024 18:28

London, Jun 24 (AP) European Union regulators on Monday levelled their first charges under the bloc's new digital competition rulebook, accusing Apple of preventing app makers from pointing users...

EU Accuses Apple of Breaking Digital Rules with App Store Restrictions

June 24, 2024 16:14

London, Jun 24 (AP) European Union regulators on Monday levelled their first charges under the bloc's new digital competition rulebook, accusing Apple of preventing app makers from pointing users...

EU Sanctions Russia's LNG Ghost Fleet: Ukraine War

June 24, 2024 14:19

Brussels, Jun 24 (AP) The European Union on Monday slapped new sanctions on Russia over its war on Ukraine, targeting Moscow's shadow fleet of tankers moving liquefied natural gas through Europe as...

EU Accuses Apple of Breaking App Store Rules

June 24, 2024 14:07

London, Jun 24 (AP) European Union regulators accused Apple on Monday of breaking new rules on digital competition by preventing software developers on its App Store from steering users to other...

France Election: Costly Pledges Risk Debt Crisis

June 24, 2024 13:00

Paris, Jun 24 (AP) The promises are appealing - and expensive. Vying to oust the centrist government of President Emmanuel Macron in an upcoming two-round parliamentary election June 30 and...

Hamster Kombat Crypto Craze Hits Iran: Economic Woes Fuel Interest

June 24, 2024 11:02

Dubai, Jun 24 (AP) Cab drivers and bikers tap away furiously on their mobile phones as they wait at red lights in the Iranian capital during an early June heatwave. Some pedestrians in Tehran are...

Asian Stocks Lower After Wall Street's Winning Week

June 24, 2024 10:38

Hong Kong, Jun 24 (AP) Asian shares were mostly lower Monday after US stocks coasted to the close of their latest winning week on Friday, even as Nvidia's stock cooled further from its startling,...

Ivory Coast Expands Health Coverage Program Amidst Criticism

June 22, 2024 11:20

Abidjan, Jun 22 (AP) Health authorities in Ivory Coast launched mobile enrollment centers for the country's universal health coverage program, which has been criticized since its 2019 inception...

Stock Market Today: Asian Shares Decline, Nvidia Weighs on Wall Street

June 21, 2024 17:07

Tokyo, Jun 21 (AP) Asian shares were mostly lower on Friday after a retreat on Wall Street, where a drop in Nvidia stock pulled stocks lower. Japan's benchmark Nikkei 225 finished little changed,...

Offshore Wind Farms: Growing Seafood & Seaweed

June 21, 2024 13:06

Kriegers Flak Offshore Wind Farm, Jun 21 (AP) In a small boat bobbing in the waves between towering offshore wind turbines, researchers in Europe's Baltic Sea reach into the frigid water and remove...

Kenya Protests: Thousands Oppose New Taxes

June 20, 2024 21:41

Nairobi, Jun 20 (AP) Thousands of mostly young people demonstrated Thursday in Kenya's capital and across the country against new tax proposals by the administration of President William Ruto in...

Bank of England Holds Rates at 16-Year High Despite Inflation Fall

June 20, 2024 19:33

London, Jun 20 (AP) The Bank of England on Thursday kept its main interest rate at a 16-year high of 5.25 per cent even though inflation has fallen to its target of 2 per cent, with several...

Bank of England Holds Interest Rate at 5.25% Despite Inflation Fall

June 20, 2024 18:06

London, Jun 20 (AP) The Bank of England on Thursday kept its main interest rate at a 16-year high of 5.25 per cent even though inflation has fallen to its target of 2 per cent, with several...

EU Agrees on New Russia Sanctions: LNG Imports Targeted - AP News

June 20, 2024 17:22

Brussels, Jun 20 (AP) European Union ambassadors have reached agreement on a powerful and substantial new series of sanctions that are part of its ongoing response to Russia's invasion of...

Swiss central bank cuts its main interest rate by 1/4 point, citing easing inflationary pressures

June 20, 2024 14:51

Geneva, Jun 20 (AP) The Swiss National Bank said Thursday it has lowered its main policy rate by a quarter of a percentage point, citing a drop in underlying inflationary pressure despite an...

New Petrobras chief is sworn in as market worries Brazil's government will have heavier hand

June 20, 2024 11:48

Rio De Janeiro, Jun 20 (AP) The head of Brazil's state-run oil giant Petrobras, Magda Chambriard, was sworn in Wednesday amid market concerns of increased government intervention in the company....

Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall

June 20, 2024 11:39

London, Jun 20 (AP) Any hopes the governing Conservative Party may have of the Bank of England cutting its main interest rate from a 16-year high of 5.25 per cent Thursday are expected to be dashed...

onsemi Invests $2 Billion in Czech Chip Facility

June 19, 2024 21:21

Prague, Jun 19 (AP) The US chipmaker onsemi is planning a multi-year investment of up USD 2 billion in its production facility in the Czech Republic, the company and the Czech government said on...

EU criticises France for excessive debt, putting pressure on Macron during election campaign

June 19, 2024 17:08

Brussels, Jun 19 (AP) The European Union's executive arm on Wednesday criticised France for running up excessive debt, a stinging rebuke at the height of an election campaign where President...

EU Criticises France Over Debt Spending Ahead of Elections

June 19, 2024 15:24

Brussels, Jun 19 (AP) The European Union's executive arm on Wednesday criticised France for running up excessive debt, a stinging rebuke that comes at the height of the election campaign where...

McDonald's is ending its test run of AI-powered drive-thrus with IBM

June 19, 2024 00:43

New York, Jun 18 (AP) Ever get your McDonald's order mixed up at an AI-powered drive-thru? The experiment behind the fast food giant's current automated order taker will soon be coming to a...

Adidas is investigating allegations of embezzlement and bribery in China, according to news reports

June 18, 2024 21:26

Hong Kong, Jun 18 (AP) Athletic apparel company Adidas has launched an investigation into allegations of compliance violations in China after receiving an anonymous letter earlier this month...

Study finds global luxury sales flattening amid self-inflicted creativity crisis and price hikes

June 18, 2024 19:36

Milan, Jun 18 (AP) The post-pandemic surge in global sales of luxury handbags, shoes and apparel is set to stall this year amid a creativity crisis and price hikes as brands shift focus to the...

More than 200 arrested in Kenya protests over proposed tax hikes in finance bill

June 18, 2024 19:19

Nairobi, Jun 18 (AP) More than 200 protesters have been arrested in Kenya's capital, Nairobi, in ongoing protests against proposed tax hikes in a finance bill that is due to be tabled in...

Retail sales rise a meagre 0.1% in May from April as still high inflation curbs spending

June 18, 2024 18:51

New York, Jun 18 (AP) Consumers barely increased spending in May from April as still high inflation and high interest rates curbed spending. Retail sales rose 0.1 per cent in May, below the pace...

Stock market today: Asian shares mostly gain after Wall St rallies to new records

June 18, 2024 11:17

Bangkok, Jun 18 (AP) Shares were mostly higher in Asia on Tuesday after US stocks rallied to more records, with gains for technology companies pushing the benchmarks higher. US futures were flat...

China targets Europe's farmers, and not its automakers, in response to EU tariffs on electric cars

June 18, 2024 11:09

Beijing, Jun 18 (AP) The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports, just days after the EU...

China keeps lending rate unchanged as data show housing market is still struggling

June 17, 2024 15:12

Bangkok, Jun 17 (AP) China's central bank kept a key lending rate unchanged on Monday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world's No. 2...

Asian Shares Mixed as China Factory Output Slows

June 17, 2024 13:26

Bangkok, Jun 17 (AP) Shares were mixed in Asia on Monday after China reported its factory output slowed in May, with the property market still deep in the doldrums. US futures edged lower and...

Yemen Bank Fight Threatens Economy: Houthi vs. Government

June 16, 2024 19:35

Sanaa, Jun 16 (AP) Yemen's Houthi rebels and its internationally recognised government are locked in a fight for control of the country's banks that experts warn is threatening to further wreck an...

Stock Market Today: AI Hopes Boost Wall St, BOJ Stands Pat

June 14, 2024 15:15

Tokyo, Jun 14 (AP) Asian shares were mixed in muted trading Friday after Wall Street's continued frenzy around artificial-intelligence technology nudged indexes on Wall Street to more records....

Argentina's Milei Wins First Reforms Victory

June 14, 2024 00:07

Buenos Aires (Argentina), Jun 13 (AP) Wall Street rallied on Thursday as Argentina's President Javier Milei travelled to Italy for the Group of Seven summit, buoyed by his first legislative victory...

Argentina Senate Approves Milei's Radical Overhaul

June 13, 2024 20:16

Buenos Aires (Argentina), Jun 13 (AP) Argentina's Senate narrowly approved President Javier Milei's sweeping proposals to slash state spending and boost his own powers on Thursday, handing the...

Asia Stocks Rise Amid BoJ Focus - Fed Holds Rates

June 13, 2024 09:42

Tokyo, Jun 13 (AP) Asian shares mostly rose Thursday, as investors turned their attention to what the Bank of Japan might decide on monetary policy later this week. The Bank of Japan is not...

Argentina Senate Approves Milei's Reforms Amid Protests

June 13, 2024 08:37

Buenos Aires, Jun 13 (AP) Argentina's Senate has approved key state overhaul and tax bills proposed by President Javier Miliei, delivering an initial legislative victory to the libertarian leader...

Fed Signals One Rate Cut, Inflation Easing

June 13, 2024 00:11

Washington, Jun 12 (AP) Federal Reserve officials said on Wednesday that inflation has fallen further toward their target level in recent months but signalled that they expect to cut their...

UK Economy Stalls Ahead of Election

June 12, 2024 16:31

London, Jun 12 (AP) The British economy failed to grow in April, official figures showed Wednesday, in a blow to Prime Minister Rishi Sunak who has made the return of growth and a generally calmer...

Uniper Wins $14 Billion in Damages from Gazprom

June 12, 2024 15:57

Berlin, Jun 12 (AP) German energy company Uniper said Wednesday that a tribunal has awarded it more than 13 billion euros (nearly USD 14 billion) in damages for gas that Russia's Gazprom hasn't...

EU Threatens Tariffs on Chinese Electric Cars - Trade Dispute Escalates

June 12, 2024 15:32

Brussels, Jun 12 (AP) The European Union threatened Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing's subsidies for the exports that Brussels worries...

Fed Interest Rate Decision: Stock Market Today

June 12, 2024 13:56

Bangkok, Jun 12 (AP) Shares were mixed Wednesday in Asia ahead of a decision by the Federal Reserve on interest rates. In Japan, higher inflation and falling wages raised questions about how the...

Australia-China Trade: Lobster Ban to End Soon, Relations Stabilize

June 12, 2024 12:08

Canberra, Jun 12 (AP) Australian Trade Minister Don Farrell on Wednesday predicted the final obstacle for exports to China, Beijing's ban on live lobster imports, will be lifted soon after Chinese...

Boeing 737 Max Sales Stall for Second Month

June 12, 2024 00:11

San Francisco, Jun 11 (AP) Boeing received orders for only four new planes in May and for the second straight month, none for its best-selling 737 Max, as fallout continues from the blowout of a...

Elon Musk's Tesla Pay Package Vote: AI Plans at Stake

June 11, 2024 23:00

Detroit, Jun 11 (AP) If Tesla shareholders vote against restoring Elon Musk's USD 44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one...

World Bank Boosts Global Growth Forecast to 2.6% in 2024

June 11, 2024 19:55

Washington, Jun 11 (AP) The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength of sustained growth in the United States....

Chinese Premier Li Qiang to Visit Australia, New Zealand, Malaysia

June 11, 2024 15:13

Melbourne (Australia), Jun 11 (AP) Chinese Premier Li Qiang will visit New Zealand, Australia and Malaysia starting Thursday, officials said. Li will visit the three countries from June 13 to...

Asian stocks are mixed ahead of this week's Fed meeting

June 11, 2024 14:03

Hong Kong, Jun 11 (AP) Asian stocks were mixed on Tuesday in a busy week with several top-tier reports on US inflation due along with a policy meeting of the Federal Reserve. US futures and oil...

Global Markets Stumble After Strong US Jobs Report

June 10, 2024 15:26

Hong Kong, Jun 10 (AP) World stocks were mostly lower on Monday after a US jobs report released Friday came in hotter than expected, while the euro fell after French President Emmanuel Macron...

Stock Market Today: Asian Markets Mixed After Jobs Report

June 10, 2024 12:12

Hong Kong, Jun 10 (AP) Asian markets were mixed on Monday after a jobs report released Friday came in hotter than expected, while the euro fell after French President Emmanuel Macron dissolved the...

China Exports Surge 7.6% in May Despite Trade Tensions

June 7, 2024 19:51

Hong Kong, Jun 7 (AP) China's exports in May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations, according to customs data...

China Exports Surge 7.6% in May Despite Trade Tensions

June 7, 2024 16:03

Hong Kong, Jun 7 (AP) China's exports in May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations, according to customs data...

Stock Market Today: Asian Stocks Rise After Wall Street Records

June 6, 2024 10:29

Hong Kong, Jun 6 (AP) Asian markets rose on Thursday after Wall Street barrelled to records on Wednesday as the frenzy around artificial-intelligence technology kept sending stocks higher. US...

Global Public Debt Reaches Record $97 Trillion: UN

June 4, 2024 20:49

Geneva, Jun 4 (AP) The United Nations said Tuesday that global public debt rose to a record $97 trillion last year, with developing countries owing roughly one-third of that crimping their...

PTI Processor: Test Article - Latest News

June 4, 2024 16:00

Test content

CEO Pay Soars in 2023, Widening Gap with Workers

June 3, 2024 16:58

New York, Jun 3 (AP) The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13 per cent last year, easily surpassing the gains for workers at a...

Toyota Apologizes for Cheating on Vehicle Tests, Halts Production

June 3, 2024 15:56

Tokyo, Jun 3 (AP) Toyota Chairman Akio Toyoda apologised Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. The...

World Stocks Rise on US Inflation Report

June 3, 2024 14:47

Hong Kong, Jun 3 (AP) World shares began June mostly higher after a report showing that inflation in the US is not worsening drove a rally on Wall Street. In early trading Monday, Germany's DAX...

Asian Stocks Surge After US Inflation Report

June 3, 2024 09:17

Hong Kong, Jun 3 (AP) Asian shares began June with big gains on Monday after a report showing that inflation in the US is not worsening drove a rally on Wall Street. Hong Kong's Hang Seng led...

OPEC+ Extends Oil Cuts to 2025 Amid Slack Prices

June 2, 2024 19:55

Frankfurt, Jun 2 (AP) Saudi Arabia and allied oil producing countries on Sunday extended output cuts through next year, a move aimed at supporting slack prices that haven't risen even amid turmoil...

OPEC+ to Decide on Oil Production Cuts Amidst Lagging Prices

June 2, 2024 13:23

Frankfurt, Jun 2 (AP) Saudi Arabia and allied oil producing countries face a decision Sunday on whether to extend production cuts set to expire next month - a move that could push oil prices higher...

Tesla Shareholders to Vote on Elon Musk's Pay Package Again

May 31, 2024 22:17

Detroit (USA), May 31 (AP) A second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge. ISS...

Pakistan Energy Resilience: Avert 175,000 Deaths by 2030 - UNICEF

May 31, 2024 20:28

Islamabad, May 31 (AP) A new study by the United Nations children's agency says developing resilient energy systems to power health facilities in Pakistan could avert over 1,75,000 deaths by 2030....

Vermont Law: Oil Companies Pay for Climate Damage

May 31, 2024 20:12

Montpelier (USA), May 31 (AP) Vermont has become the first state to enact a law requiring fossil fuel companies pay a share of the damage caused by climate change after the state suffered...

Tesla Recalls 125,000 Vehicles for Seat Belt Issue

May 31, 2024 18:31

Detroit, May 31 (AP) Tesla is recalling more than 125,000 vehicles to fix a seat belt warning system that may increase the risk of an injury in a collision. The National Highway Traffic Safety...

Inflation Eases: Fed's Key Gauge Cools in April

May 31, 2024 18:20

Washington, May 31 (AP) A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this...

Europe Inflation Up, But ECB Rate Cut Likely Next Week

May 31, 2024 14:59

Frankfurt, May 31 (AP) Inflation ticked up to an annual 2.6% in Europe in May, according to official figures on Friday. That's more than expected as a painful spike in consumer prices takes its...

World Shares Mixed as Tech Stocks Fall

May 31, 2024 14:55

Tokyo, May 31 (AP) World shares were mixed on Friday after an official survey showed Chinese factory activity weakening in May on slowing export orders. US futures were little changed and oil...

Europe Inflation Rises, But ECB Rate Cut Likely - AP News

May 31, 2024 14:47

Frankfurt, May 31 (AP) Inflation ticked up to an annual 2.6% in Europe in May, according to official figures on Friday. That's more than expected as a painful spike in consumer prices takes its...

Saudi Aramco Offers Second Stock Tranche - Billions in Value

May 31, 2024 13:28

Dubai, May 31 (AP) Saudi Arabia said Friday it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since its initial public offering back...

China Factory Activity Slows in May, Suggesting Growth Has Faltered

May 31, 2024 09:25

Beijing, May 31 (AP) Factory activity in China slowed more than expected in May, suggesting further pressure on an economy already burdened by a prolonged crisis in the property industry, according...

Gold Smuggling: Billions Flow Illegally Out of Africa - AP News

May 30, 2024 23:42

Dakar, May 30 (AP) Billions of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates, where it is refined and sold to customers around the world,...

John Podesta: Climate Diplomat Faces Challenges

May 30, 2024 17:26

Washington, May 30 (AP) John Podesta was two months into his new role as President Joe Biden's top climate diplomat when he faced his first international crisis what to serve for dinner. He...

China Restricts Aviation & Aerospace Exports: Security & Interests

May 30, 2024 15:25

Beijing, May 30 (AP) China's Commerce Ministry said Thursday it will restrict exports of aviation and aerospace-related equipment and technology beginning July 1. A notice seen Thursday on the...

Stock Market Today: Europe Higher, Asia Retreats

May 30, 2024 15:09

Bangkok, May 30 (AP) Shares opened higher in Europe on Thursday after a retreat in Asia as rising bond yields weighed on stock prices. Germany's DAX edged 0.1per cent higher to 18,486.92 and the...

Google Invests $2 Billion in Malaysian Data Center & Cloud Hub

May 30, 2024 11:09

Kuala Lumpur (Malaysia), May 30 (AP) Google plans to invest USD 2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a US tech giant in the...

Fed Rate Cuts On Hold: Inflation From Pandemic Lingers

May 29, 2024 17:27

Washington, May 29 (AP) Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep...

IMF Upgrades China's Economy, Warns on Reforms

May 29, 2024 13:22

New York, May 29 (AP) The International Monetary Fund has upgraded its forecast for China's economy, while warning that consumer-friendly reforms are needed to sustain strong, high-quality growth....

Asian Stocks Decline After Wall Street Mixed Session

May 29, 2024 12:31

Tokyo, May 29 (AP) Asian shares were mostly lower Wednesday after a mixed session on Wall Street following a three-day holiday weekend. Shares fell in Tokyo, Seoul, Sydney, Hong Kong and...

Russia Proposes Progressive Income Tax for Wealthy

May 29, 2024 04:42

Moscow, May 29 (AP) Russia's wealthy elite could face higher income taxes, according to a proposal the country's finance ministry floated on Tuesday. The proposal, which would likely have to go...

US Opens Banking to Cuban Businesses: Boosting Private Sector

May 29, 2024 03:05

Washington, May 29 (AP) The US lifted some financial restrictions against Cuba on Tuesday, in a move designed to boost private businesses on the island. The measures will allow independent...

UN: Education, Social Safety Nets Vital for Asia

May 28, 2024 14:38

Tokyo, May 28 (AP) As economies in Asia and the Pacific slow and grow older, countries need to do more to ensure that workers get the education, training and social safety nets needed to raise...

World Shares Lower After US Holiday Quiet

May 28, 2024 14:09

Tokyo, May 28 (AP) Shares were mostly lower in Europe and Asia on Tuesday after US markets were closed for the Memorial Day holiday. Germany's DAX gained 0.3% to 18,828.68 while the CAC 40 in...

Asian Stocks Mixed After US Holiday - AP News

May 28, 2024 10:31

Tokyo, May 28 (AP) Shares were mixed in Asia on Tuesday after US markets were closed for the Memorial Day holiday. Oil prices and US futures were higher. Chinese markets rose after senior...

World Shares Rise After Wall St Rebound - AP News

May 27, 2024 14:53

Hong Kong, May 27 (AP) Shares advanced in Europe and Asia ahead of Monday's Memorial Day holiday in the United States. Oil prices also rose. European shares saw modest gains after the opening...

China's Economic Coercion: US Steps In To Help Countries

May 27, 2024 10:02

Washington, May 27 (AP) Business is good at the firm. The eight-person team at the State Department is leading Washington's efforts to ease the economic blowback for countries targeted by...

Asian Stocks Rise After Wall St Rebound - Market News

May 27, 2024 09:43

Washington, May 27 (AP) Asian shares were mostly higher on Monday after US stocks bounced back from Wall Street's worst day since April to finish higher for the week. US futures slipped while...

Zimbabwe's New Currency: Charm & Force to Boost ZiG

May 26, 2024 11:15

Harare, May 26 (AP) The introduction of the world's newest currency in April inspired a reggae artist to record a song praising the ZiG, or Zimbabwe Gold. The catchy tune, titled Zig Mari,...

Pandemic Treaty Stalled: Global Disagreement on Response

May 25, 2024 00:11

Geneva, May 24 (AP) A global treaty to fight pandemics like COVID is going to have to wait: After more than two years of negotiations, rich and poor countries have failed for now to come up...

UN Treaty to Trace Genetic Resources Origin

May 24, 2024 15:57

Geneva, May 24 (AP) UN member countries on Friday concluded a new treaty to help ensure that traditional knowledge about genetic resources, such as medicines derived from exotic plants in the...

World Shares Drop: Inflation & Interest Rates Fears

May 24, 2024 14:18

Berlin, May 24 (AP) Shares retreated in Europe and Asia on Friday after unexpectedly strong reports on the US economy raised the possibility of interest rates staying painfully high. US futures...

Asian Stocks Fall on Interest Rate Fears, US Economy Strong

May 24, 2024 12:42

Washington, May 24 (AP) Asian shares retreated on Friday after strong reports on the US economy raised the possibility of interest rates staying painfully high. US futures edged higher and oil...

UAE to Invest $10 Billion in Pakistan - AP News

May 24, 2024 00:24

Islamabad, May 23 (AP) The Pakistani government said Thursday that the United Arab Emirates committed to investing up to $10 billion in Pakistan during a meeting in the UAE capital between that...

Jobless Claims Fall: Labor Market Remains Strong - AP News

May 23, 2024 18:29

Washington, May 23 (AP) The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low despite the Federal Reserve's efforts to loosen the labor...

Tesla Megapack Battery Factory Opens in Shanghai

May 23, 2024 14:54

Beijing, May 23 (AP) Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. The USD 200...

Asian Stocks Mixed: Nvidia Boost, Wall St Retreat - Market Update

May 23, 2024 12:59

Tokyo, May 23 (AP) Asian shares were trading mixed on Thursday, as investor sentiment in Tokyo was boosted by news of soaring Nvidia earnings. Japan's benchmark Nikkei 225 gained 1.3 per cent to...

Asian Stocks Mixed, China Down After Wall St Retreat

May 23, 2024 11:42

Tokyo, May 23 (AP) Asian shares were trading mixed on Thursday, as investor sentiment in Tokyo was boosted by news of soaring Nvidia earnings. Japan's benchmark Nikkei 225 gained 1.1 per cent to...

UK Inflation Falls to 2.3%, Lowest in 3 Years

May 22, 2024 15:50

London, May 22 (AP) Inflation in the UK fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills, official figures showed on Wednesday. The...

New Caledonia Unrest: Nickel Prices Soar

May 22, 2024 13:21

Jakarta, May 22 (AP) Global nickel prices have soared since deadly violence erupted in the French Pacific territory of New Caledonia last week. The overseas territory, which has been under...

Asian Markets Mixed After Wall Street Records

May 22, 2024 09:47

Hong Kong, May 22 (AP) Asian markets were mixed in cautious trading on Wednesday, with most of the regions' benchmarks climbing after US stocks hit new record highs. US futures rose while oil...

Trump Campaign Accepts Crypto Donations: 'Crypto Army' Ahead of Election

May 22, 2024 03:35

Washington, May 22 (AP) Donald Trump 's presidential campaign said Tuesday it would begin accepting donations in cryptocurrency as part of an effort to build what it calls a crypto army leading...

AI Safety Summit: Google, Meta, OpenAI Pledge Safe AI Development

May 21, 2024 19:26

Seoul (South Korea), May 21 (AP) The world's leading artificial intelligence companies pledged at the start of a mini summit on AI to develop the technology safely, including pulling the plug if...

Stock Market Today: Global Shares Decline, Nasdaq Hits Record

May 21, 2024 14:24

Tokyo, May 21 (AP) Global shares retreated Tuesday, even as most US stock indexes finished higher, especially technology issues like Nvidia. France's CAC 40 lost 0.7 per cent in early trading to...

Asian Shares Decline After Nasdaq Record High

May 21, 2024 13:59

Tokyo, May 21 (AP) Asian shares retreated Tuesday, even as most US stock indexes finished higher, especially technology issues like Nvidia. Japan's benchmark Nikkei 225 fell 0.2% to 38,980.60....

Asian Shares Dip Despite Nasdaq Record High

May 21, 2024 09:29

Tokyo, May 21 (AP) Asian shares mostly fell Tuesday, even as most US stock indexes finished higher, especially technology issues like Nvidia. Japan's benchmark Nikkei 225 rose 0.2 per cent in...

Ivan Boesky, Insider Trading Convict, Dies at 87

May 20, 2024 23:17

Washington, May 20 (AP) Ivan F. Boesky, the flamboyant stock trader whose cooperation with the government cracked open one of the largest insider trading scandals on Wall Street, has died at the...

Ivan Boesky, Insider Trading Figure, Dies at 87

May 20, 2024 22:54

Washington, May 20 (AP) Ivan F. Boesky, the flamboyant stock trader whose cooperation with the government cracked open one of the largest insider trading scandals on Wall Street, has died at the...

Elon Musk Considers EV Battery Plant in Nickel-Rich Indonesia

May 20, 2024 17:02

Denpasar (Indonesia), May 20 (AP) Indonesia's top investment official said Monday that the government has proposed to Tesla CEO Elon Musk the construction of an electric vehicle battery plant in...

World Stocks Rise After Wall Street Gains - AP News

May 20, 2024 14:16

Hong Kong, May 20 (AP) World stocks advanced Monday after US stock indexes drifted near their records, with the Dow Jones Industrial Average closing above 40,000 for the first time. Oil prices...

Asian Stocks Rise After Wall Street Gains - AP News

May 20, 2024 13:02

Hong Kong, May 20 (AP) Asian stocks advanced Monday after US stock indexes drifted near their records, with the Dow Jones Industrial Average closing above 40,000 for the first time. US futures...

UK Watchdog Clears Microsoft-Mistral AI Deal

May 17, 2024 18:49

London, May 17 (AP) British regulators said Friday they don't need to open a competition investigation into Microsoft's partnership with French artificial intelligence company Mistral, a month...

Abu Dhabi's First Brewery Opens Amidst Relaxed Alcohol Laws

May 17, 2024 17:24

Abu Dhabi, May 17 (AP) In 2018, Chad McGehee opened Side Hustle Brews and Spirits, an Abu Dhabi-branded brewery and distillery with funky camels on its cans and playful names familiar to anyone...

Tesla Plant Expansion Approved in Germany Despite Protests

May 17, 2024 15:14

Berlin, May 17 (AP) A local council in Germany approved a plan by electric carmaker Tesla to expand the grounds of its first plant in Europe, a proposal which has drawn persistent protests this...

China's Property Crisis: New Measures to Boost Growth

May 17, 2024 14:36

Beijing, May 17 (AP) China announced a slate of fresh measures Friday to reinvigorate its ailing property industry after the latest data showed housing prices have slumped nearly 10% since the...

World Shares Retreat, China Stocks Rise on Property Measures

May 17, 2024 14:06

Beijing, May 17 (AP) World shares were mostly lower on Friday, though Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market. US...

Asian Shares Mixed: China Property Boost, US Futures Steady

May 17, 2024 12:49

Hong Kong, May 17 (AP) Asian shares were mixed on Friday, with Chinese stocks reversing earlier losses following the announcement of fresh measures to revive the ailing property market. US...

China to Announce Measures to Fix Property Crisis

May 17, 2024 11:41

Beijing, May 17 (AP) Housing prices in China slumped in the first four months of the year, although factory output rose nearly 7%, according to data released Friday, as the country prepares to...

Child Migrant Arrivals Double in Trieste, Italy

May 17, 2024 00:05

Rome, May 16 (AP) The number of unaccompanied children who arrived in the northern Italian city of Trieste through the Balkan migratory route more than doubled last year, an aid group said...

EU Investigates Facebook & Instagram Over Child Protection

May 16, 2024 17:11

London, May 16 (AP) The European Union opened fresh investigations Thursday into Facebook and Instagram over suspicions that they're failing to protect children online, in violation of the bloc's...

World Stocks Mixed After Wall St Rate Cut Hopes

May 16, 2024 14:36

Hong Kong, May 16 (AP) Share opened lower Thursday in Europe after most Asian benchmarks gained, tracking a Wall Street rally driven by hopes that inflation is heading back in the right direction....

Asian Shares Rise After US Stocks Hit Records

May 16, 2024 12:59

Hong Kong, May 16 (AP) Asian shares were mostly higher on Thursday after US stocks rallied to records on hopes that inflation is heading back in the right direction. The optimism came from a...

Asian Stocks Rise on US Record Highs & Inflation Hopes

May 16, 2024 12:57

Hong Kong, May 16 (AP) Asian shares were mostly higher on Thursday after US stocks rallied to records on hopes that inflation is heading back in the right direction. The optimism came from a...

Stock Market Today: Asian Shares Rise After Wall St Records

May 16, 2024 10:20

Bangkok, May 16 (AP) Asian shares advanced on Thursday after US stocks rallied to records on hopes that inflation is heading back in the right direction. The optimism came from a report showing...

Petrobras CEO Resigns Amid Dividend Dispute with Brazil's Government

May 15, 2024 23:13

Rio De Janeiro, Mar 15 (AP) The head of Brazil's state-controlled oil and gas giant Petrobras has stepped down, the company said in a prepared statement Wednesday, following months of tensions with...

Stock Market Today: Asian Markets Up After Wall Street Gains

May 15, 2024 13:00

Hong Kong, May 15 (AP) Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high. A report Tuesday showed that prices remain...

Walmart Layoffs & Relocations: Hundreds Impacted

May 15, 2024 08:12

Bentonville, May 15 (AP) Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant's campus offices. It also said it will require most remote workers and personnel...

Stellantis & Leapmotor to Sell Electric Cars in Europe

May 14, 2024 17:48

Hong Kong, May 14 (AP) European carmaker Stellantis on Tuesday said it had formed a joint venture with the Chinese electric vehicle startup Leapmotor that will begin selling EVs in nine European...

Biden Raises Tariffs on Chinese EVs, Solar, & Steel: Trade War Escalates

May 14, 2024 15:28

Washington, May 14 (AP) The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment an...

76 Million Internally Displaced in 2023: Conflict, Disasters Drive Record Numbers

May 14, 2024 15:05

Geneva, May 14 (AP) Conflicts and natural disasters left a record nearly 76 million people displaced within their countries last year, with violence in Sudan, Congo and the Middle East driving...

Asian Stocks Mixed After Wall Street's Muted Trading

May 14, 2024 09:39

Tokyo, May 14 (AP) Asian shares were mixed in muted trading on Tuesday after US stock indexes were little changed ahead of the release of inflation data. Japan's benchmark Nikkei 225 lost early...

Greece & Turkey Talks: Improving Relations

May 13, 2024 19:36

Istanbul, May 13 (AP) Greece's leader arrived in Turkiye's capital on Monday for talks with President Recep Tayyip Erdogan as both countries pursue a normalisation programme and seek to put aside...

Global Stocks Mixed: Wall St Gains, China Data Weighs

May 13, 2024 14:30

Hong Kong, May 13 (AP) World stocks were mixed on Monday after Wall Street coasted to the close of another winning week. European markets were little changed. Britain's FTSE 100 rose 0.1 per...

Emirates Reports Record $4.7 Billion Profit in 2023

May 13, 2024 12:04

Dubai, May 13 (AP) The long-haul carrier Emirates announced Monday it saw record profits of USD 4.7 billion in 2023 as the airline fully took flight after the turbulent years of the coronavirus...

Asian Stocks Dip After Wall Street Gains

May 13, 2024 10:41

Hong Kong, May 13 (AP) Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week. US futures were mixed and oil prices fell. The release of weak...

Turkiye & Greece: Testing Friendship Amidst Conflicts

May 12, 2024 10:22

Ankara, May 12 (AP) Old foes Turkiye and Greece will test a five-month-old friendship initiative on Monday when Greek Prime Minister Kyriakos Mitsotakis visits Ankara. The two NATO members, which...

US Debt Hits $34 Trillion: Bipartisan Commission Stalls in Congress

May 11, 2024 09:45

Washington, May 11 (AP) For Mike Johnson it was effectively a Day 1 priority. It's well past time, the newly elected House speaker said in October, to establish a bipartisan commission to tackle...

California Budget Deficit: 10,000 State Jobs Cut

May 11, 2024 00:18

Sacramento (US), May 10 (AP) California has a budget deficit of $27.6 billion, Gov Gavin Newsom announced Friday a gap so wide that he's proposing cutting 10,000 vacant state jobs and suspending...

Target Cuts Pride Merch After Backlash, LGBTQ+ Group Criticizes Move

May 10, 2024 23:25

New York, May 10 (AP) Target confirmed Friday that it won't carry Pride Month merchandise at all stories this spring after the discount retailer experienced backlash and lower sales over its...

Tesla Factory Storming Prevented: Activists Protest Environmental Impact

May 10, 2024 21:12

Berlin, May 10 (AP) German police said Friday they had prevented hundreds of demonstrators from storming Tesla's factory near Berlin during protests against the pioneering electric carmaker over...

Polish Farmers Protest EU Climate Policies & Tusk's Government

May 10, 2024 19:09

Warsaw, May 10 (AP) Tens of thousands of disgruntled Polish farmers marched through downtown Warsaw on Friday to protest the European Union's climate policies and oppose the pro-EU government of...

Honda Reports Booming Profit: Sales Growth & Weak Yen

May 10, 2024 15:56

Tokyo, May 10 (AP) Honda's profit for the fiscal year through March jumped 70 per cent as vehicle sales grew and a weak yen buoyed overseas earnings, the Japanese automaker reported Friday....

UK Economy Rebounds, Ending Recession: Growth Up 0.6%

May 10, 2024 12:48

London, May 10 (AP) The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a technical recession, official figures showed...

UK Economy Rebounds, Ending 'Technical Recession' - AP News

May 10, 2024 12:21

London, May 10 (AP) The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a technical recession, official figures showed...

Pandemic Treaty: Countries Struggle to Avoid COVID Mistakes

May 10, 2024 10:58

Geneva, May 10 (AP) After the coronavirus pandemic triggered once-unthinkable lockdowns, upended economies and killed millions, leaders at the World Health Organisation and worldwide vowed to do...

China's Slowing Economy Impacts European Investment

May 10, 2024 10:45

Beijing, May 10 (AP) China is actively seeking foreign investment to boost its slowing growth, but that very sluggishness is weighing on company plans to grow their businesses in the world's second...

China's Slowing Economy Hits European Investment

May 10, 2024 10:39

Bank of England Hints at Rate Cut in June | Inflation Update

May 9, 2024 19:22

London, May 9 (AP) The Bank of England maintained its key UK interest rate at a 16-year high of 5.25 per cent though it gave a broad hint that a reduction could be on the cards as soon as June as...

Bank of England Hints at Rate Cut as Inflation Falls

May 9, 2024 17:18

London, May 9 (AP) The Bank of England maintained its key UK interest rate at a 16-year high of 5.25 per cent though it gave a broad hint that a reduction could be on the cards imminently as...

Stock Market Today: Asian Shares Mixed, Wall Street Lull

May 9, 2024 13:13

Hong Kong, May 9 (AP) Asian shares were mixed on Thursday after Wall Street's lull stretched into a second day, with Chinese benchmarks rising after China reported better-than-expected trade...

China's Exports & Imports Grow in April: Demand Improves

May 9, 2024 12:20

Hong Kong, May 9 (AP) China's exports and imports returned to growth in April, suggesting that demand is improving despite an uneven economic recovery, according to customs data released Thursday....

Argentina Prints 10,000 Peso Note Amid Soaring Inflation

May 9, 2024 05:56

Buenos Aires, May 9 (AP) Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note in circulation by five to 10,000...

TikTok Sues US Over Potential Ban - Lawsuit Challenges Sale Mandate

May 7, 2024 22:05

New York, May 7 (AP) TikTok and its Chinese parent company ByteDance are suing the US federal government to challenge a law that would force the sale of ByteDance's stake or face a ban, saying that...

Asian Markets Rise on Tech Gains, Wall St Rally

May 7, 2024 13:55

Seoul, May 7 (AP) Asian markets forged higher Tuesday after another day of gains on Wall Street led by technology stocks. US futures were nearly flat and oil prices edged higher. Tokyo's...

World Shares Rise on Cooler US Jobs Data

May 6, 2024 16:58

Paris, May 6 (AP) World shares were mostly higher on Monday after Wall Street ended last week with the market's best day in more than two months in a rally backed by cooler-than-expected US...

Airbus Outpaces Boeing, but Supply Chain Limits Growth

May 6, 2024 11:25

Frankfurt (Germany), May 6 (AP) In the latest round of their decades-long battle for dominance in commercial aircraft, Europe's Airbus established a clear sales lead over Boeing even before the...

Asian Stocks Rise Tracking Wall St. Gains, Cooler Jobs Data - AP News

May 6, 2024 10:41

Bangkok, May 6 (AP) Asian shares were mostly higher on Monday after Wall Street ended last week with the stock market's best day in over two months in a rally backed by the cooler-than-expected US...

Google Antitrust Trial: DOJ Argues Search Engine is Monopoly

May 3, 2024 20:15

Washington, May 3 (AP) Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition,...

Yellen Warns: Democracy Threats Risk US Economy

May 3, 2024 16:05

Washington, May 3 (AP) Treasury Secretary Janet Yellen is arguing that a fractured democracy can have destructive effects on the economy an indirect jab at Donald Trump. Yellen, in an address...

World Shares Advance Ahead of US Jobs Report

May 3, 2024 14:30

Tokyo, May 3 (AP) European and Asian shares were mostly higher Friday ahead of a report on US employment that is expected to show the economy remains strong despite a prolonged bout of high...

Asian Shares Advance Ahead of US Jobs Report

May 3, 2024 12:45

Tokyo, May 3 (AP) Business Writer Asian shares were mostly higher Friday ahead of a report on the US jobs market, while several major markets including Tokyo and Shanghai were closed for holidays....

Asian Stocks Rise Ahead of US Jobs Report - AP News

May 3, 2024 10:24

Bangkok, May 3 (AP) Asian shares were mostly higher on Friday ahead of a report on the US jobs market, while several major markets including Tokyo and Shanghai were closed for holidays. Oil...

Google Antitrust Case: Closing Arguments Begin

May 2, 2024 20:25

Washington, May 2 (AP) Lawyers for both the Department of Justice and Google will present arguments on Thursday and Friday to conclude the biggest antitrust case in a quarter century. In closing...

China Seen as Enemy by 4 in 10 Americans: Pew

May 2, 2024 20:00

Washington, May 2 (AP) About 4 in 10 Americans now label China as an enemy, up from a quarter two years ago and reaching the highest level in five years, according to an annual Pew Research Center...

Peloton Cuts Jobs, CEO Steps Down Amid Restructuring

May 2, 2024 18:41

Washington, May 2 (AP) Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on...

African Climate Startups See Funding Rise, But Gap Remains

May 2, 2024 17:17

Nairobi (Kenya), May 2 (AP) When Ademola Adesina founded a startup to provide solar and battery-based power subscription packages to individuals and businesses in Nigeria in 2015, it was a lot...

Norway Boosts Defense Spending Amid Regional Tensions

May 2, 2024 15:57

Copenhagen (Denmark), May 2 (AP) The Norwegian centre-left government said on Thursday that it wants to add 7 billion kroner (USD 630 million) to the Scandinavian country's armed forces over the...

China Seen as Enemy by 40% of Americans: Pew

May 2, 2024 03:29

Washington, May 2 (AP) More than 40 per cent of Americans now label China as an enemy, up from a quarter two years ago and reaching the highest level in five years, according to an annual Pew...

Company Name
Price
Volume

Vodafone Idea L
17.90 ( -3.35)
166585989

Alstone Textiles
0.75 (+ 8.70)
47681821

GTL Infrastructure
3.27 (+ 4.81)
44040612

Visagar Financial
0.91 (+ 12.35)
29755394

YES Bank Ltd.
23.70 (+ 0.77)
22163699

India-UK Trade Pact: Progress Expected After...

Mumbai, Jun 29 (PTI) Commerce and Industry Minister Piyush Goyal on Saturday expressed...

Gujarat Signs MoUs with IBM, Microsoft for AI...

Gandhinagar, June 29 (PTI) The Gujarat government on Saturday signed memorandums of...

IBM & Gujarat Govt. Partner for AI Cluster at...

New Delhi, Jun 29 (PTI) IBM and the Gujarat government on Saturday inked a pact to...

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