Sun, 23 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...

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...

Microsoft makes $700m investment in Poland’s cybersecurity

Microsoft to invest $700 million to boost Poland's cybersecurity

WARSAW, Poland: Microsoft has announced a major new investment of $700 million in Poland to strengthen the country's cybersecurity...

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...

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....

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...

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...

Former RBI Governor Shaktikanta Das appointed Principal Secretary II to Prime Minister

Former RBI Governor Shaktikanta Das appointed Principal Secretary II to Prime Minister

New Delhi [India], February 22 (ANI): Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as Principal Secretary...

Reliance's new Guwahati plant will provide employment to 1,300 youth: Assam CM

Reliance's new Guwahati plant will provide employment to 1,300 youth: Assam CM

Guwahati, (Assam) [India], February 22 (ANI): The Chief Minister of Assam, Himanta Biswa Sarma, on Saturday expressed his happiness...

Assam CM Dr Himanta Biswa Sarma inaugurates Reliance's new Campa and Beverages Bottling Plant in Guwahati

Assam CM Dr Himanta Biswa Sarma inaugurates Reliance's new Campa and Beverages Bottling Plant in Guwahati

Guwahati, (Assam) [India], February 22 (ANI): Reliance Consumer Products Limited (RCPL), the Fast-Moving Consumer Goods (FMCG) arm...

Indian stock markets to remain in 'corrective to consolidation' phase for next 3 to 4 months: Motilal Oswal

Indian stock markets to remain in 'corrective to consolidation' phase for next 3 to 4 months: Motilal Oswal

New Delhi [India], February 22 (ANI): Indian stock markets will remain in the 'corrective to consolidation' phase for the next 3 to...

Consumption, Financial services stocks leads nifty 50 Index amid significant shift since 2018: Report

Consumption, Financial services stocks leads nifty 50 Index amid significant shift since 2018: Report

New Delhi [India], February 22 (ANI): The consumption and financial services stocks leading in inclusions in Nifty 50 index over the...

PM Modi to hold high-level talks with European Commission President

PM Modi to hold high-level talks with European Commission President

New Delhi [India], February 22 (ANI): President of the European Commission, Ursula von der Leyen, will visit India on February 27-28,...

UP: Gautam Buddh Nagar administration to promote seatbelt and helmet use in workplaces

UP: Gautam Buddh Nagar administration to promote seatbelt and helmet use in workplaces

Noida (Uttar Pradesh) [India], February 22 (ANI): Following the success of the 'No Helmet, No Fuel' campaign, the Gautam Buddh Nagar...

India's GDP growth likely to improve to 6.2 pc in Q3FY25 from 5.4 pc in Q2FY25: Union Bank of India

India's GDP growth likely to improve to 6.2 pc in Q3FY25 from 5.4 pc in Q2FY25: Union Bank of India

New Delhi [India], February 22 (ANI): India's economic growth is expected to pick up momentum in the third quarter of the financial...

Mumbai: MHADA committee to hear transit tenement allotment case for 11 applicants on February 27

Mumbai: MHADA committee to hear transit tenement allotment case for 11 applicants on February 27

Mumbai (Maharashtra) [India], February 22 (ANI): The committee, formed under the leadership of Sanjeev Jaiswal, Vice President and...

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...

Argentinas Milei gives Musk chainsaw for bureaucracy

Argentinas Milei gives Musk chainsaw for bureaucracy

The power tool popularized by the South American nations leader has become a symbol of his push to slash public spending Argentine...

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...

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...

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...

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...

Strengthening New Partnership with Japanese Private Sector

Strengthening New Partnership with Japanese Private Sector

The IAEA Director General has signed a cooperation agreement with one of the largest worldwide integrated trading companies and had...

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 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...

China: Xi Jinping has learned from Trump's first trade war and is ready to fight back

China: Xi Jinping has learned from Trump's first trade war and is ready to fight back

The start of 2025 has been good for China and its reputation as a high-tech innovator. The unveiling of the Chinese-made artificial...

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...

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...

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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...


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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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