Fri, 14 Mar 2025

Tech stocks lead renewed selling on Wall Street

Dow Jones drops for fourth day in row, loses 537 points

NEW YORK, New York - The knee-jerk introduction of trade tariffs by President Donald Trump continues to rattle markets with all the...

Ford to invest up to $4.8 billion to revive struggling German unit

Ford to inject $4.8 billion to shore up cash-strapped German unit

FRANKFURT, Germany: Ford announced this week that it will inject up to $4.8 billion into its struggling German unit to stabilize its...

Boeing links worker bonuses to company-wide performance

Boeing ties employee incentive plan to company-wide performance

SEATTLE, Washington: Boeing has revamped its employee incentive plan, tying annual bonuses for more than 100,000 workers to overall...

US, Canadian farmers face rising fertilizer costs amid trade tensions

US, Canadian farmers face soaring fertilizer prices amid Trump tariffs

WINNIPEG, Manitoba: Farmers in the U.S. and Canada are bracing for soaring fertilizer prices as trade tensions escalate between the...

U.S. stocks stabilize after relentless losses

Strong gain by Nasdaq Composite helps stem Wall Street carnage

NEW YORK, New York - A slightly lower-than-expected CPI reading for February helped U.S. stocks to stabilize after some relentless...

New York office market rebounds as big investors hunt for deals

NYC workers' return to office ignites hopes in real estate market

NEW YORK CITY, New York: New York's office market is showing signs of a comeback as major investors, including Blackstone, scout for...

Micro-wineries in Cyprus bring ancient Commandaria wine back to life

Cyprus' 3,000-year-old Commandaria wine sees a revival

NICOSIA, Cyprus: Cyprus' ancient Commandaria wine, praised for its rich heritage dating back nearly 3,000 years, is making a comeback...

DoorDash, Williams-Sonoma, and others soar on S&P 500 inclusion

DoorDash and Williams-Sonoma to join S&P 500; shares rally

SAN FRANCISCO, California: Shares of DoorDash, Williams-Sonoma, Expand Energy, and TKO Group surged in extended trading on March 7...

Another volatile day for Wall Street as Trump doubles-down on tariffs

Wall Street freefall continues, Dow Jones drops another 478 points

NEW YORK, New York - The freefall fn U.S. stocks continued Tuesday with all the major indices taking a hit durin g the bulk of the...

New Trump policy ends collective bargaining for 50,000 TSA officers

US ends collective bargaining for 50,000 TSA officers

WASHINGTON, D.C.: The Trump administration announced this week that it will end collective bargaining rights for about 50,000 TSA officers...

Walmart faces pushback as it asks Chinese suppliers to cut prices

Walmart asks China suppliers for price cuts on Trump tariffs

BENTONVILLE, Arkansas: Walmart is pressuring some Chinese suppliers to cut prices in response to President Donald Trump's imposed U.S....

US urges India to cut tariffs, boost defense buys for more trade

US pushes India to lower tariffs, buy more defense products

NEW DELHI, India: The United States is pressing India to lower tariffs and increase defense purchases to secure a stronger bilateral...

Horror day on Wall Street, Nasdaq loses 4 percent

U.S. stock markets shatter, Dow Jones drops 890 points

NEW YORK, New York - U.S. stocks plunged on Monday, joining a global rout which followed U.S. President Donald Trump not ruling out...

U.S. dollar weighed down by tariffs, stock market woes

U.S. dollar has weak start to new week

NEW YORK CITY, New York - The global foreign exchange market experienced notable shifts on Monday, influenced by escalating trade tensions...

US: Refilling oil reserve fully will cost $20 billion, take years

US estimates it will take $20 billion and years to refill oil reserve

WASHINGTON, D.C.: The U.S. Energy Department estimates it will take US$20 billion and several years to refill the Strategic Petroleum...

BP CEO’s pay drops to 5.4 million pounds in 2024

BP says CEO's pay package fell to 5.4 million pounds in 2024

LONDON, U.K.: British Petroleum CEO Murray Auchincloss saw his pay package drop to 5.4 million pounds (US$6.95 million) in 2024, down...

DHL to cut 8,000 German jobs in largest layoff in 20 years

German delivery giant DHL cuts 8,000 jobs, largest in decades

BONN, Germany: DHL plans to cut 8,000 jobs in Germany this year, marking its most significant domestic workforce reduction in at least...

China targets 5 percent growth for 2025 amid economic uncertainty

China keeps its economic growth target at 'around 5 percent' for 2025

BEIJING, China: China has set an economic growth target of around five percent for 2025, signaling efforts to stabilize the economy...

SpaceX denies plans to take over FAA telecom contract

Musk's Starlink denies it wants to take over FAA air traffic contract

WASHINGTON, D.C.: Elon Musk's company SpaceX said this week that its Starlink satellite unit is not trying to take over any Federal...

Gold reaches historic high

Gold reaches historic high

The rally to more than $3,000 an ounce is driven by growing demand for safe-haven assets amid escalating trade tensions ...

"Approach will be guided by India First,": Piyush Goyal on his meeting with US Trade representative

"Approach will be guided by India First,": Piyush Goyal on his meeting with US Trade representative

New Delhi [India], March 14 (ANI): Commerce Minister Piyush Goyal on Friday said that he had a 'forward looking' discussion with US...

Business leaders predict sharp decline in Chinese exports due to US tariff dispute

Business leaders predict sharp decline in Chinese exports due to US tariff dispute

Beijing [China], March 14 (ANI): Business leaders and economists have warned that China's exports are likely to suffer significantly...

Despite correction, low volatility suggests peak panic still ahead: Nuvama on India stocks

Despite correction, low volatility suggests peak panic still ahead: Nuvama on India stocks

New Delhi [India], March 14 (ANI): Despite low volatility in the domestic stock markets over the past few months, investors are expected...

Economic Watch: U.S.-EU trade tensions deepen as tariffs take a toll

Economic Watch: U.S.-EU trade tensions deepen as tariffs take a toll

Flags of the European Union fly outside the Berlaymont Building, the European Commission headquarters, in Brussels, Belgium, Jan. 29,...

Indian equity markets closed today for Holi festival

Indian equity markets closed today for Holi festival

New Delhi [India], March 14 (ANI): Indian equity markets are closed today, Friday, March 14, in observance of Holi, the vibrant festival...

Former DRDO Chairman meets Andhra CM Chandrababu Naidu

Former DRDO Chairman meets Andhra CM Chandrababu Naidu

Amravati (Andhra Pradesh) [India], March 14 (ANI): Former Chairman of the Defence Research and Development Organisation (DRDO), G Satheesh...

US to send upgraded long-range bombs to Ukraine Reuters

US to send upgraded long-range bombs to Ukraine  Reuters

The previous GLSDB variant proved ineffective against Russian electronic warfare The United States has upgraded the Ground-Launched...

Lucas Glover among leading trio, Rory McIlroy 1 back at Players

Lucas Glover among leading trio, Rory McIlroy 1 back at Players

(Photo credit: Doug Engle/Florida Times-Union / USA TODAY NETWORK via Imagn Images) PONTE VEDRA BEACH, Fla. -- Lucas Glover, J.J....

US & Russia in talks about Nord Stream deal media

US & Russia in talks about Nord Stream deal  media

The negotiations on an American purchase of the Russian-owned energy infrastructure have reportedly been ongoing for months Washington...

Al Etihad Payments, Mastercard collaborate to launch 'Jaywan - Mastercard'

Al Etihad Payments, Mastercard collaborate to launch 'Jaywan - Mastercard'

Abu Dhabi [UAE], March 13 (ANI/WAM): Al Etihad Payments (AEP), a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), which...

Poland demands EUs help militarizing its borders

Poland demands EUs help militarizing its borders

The bloc must strengthen the defense of its eastern border as part of any Ukraine ceasefire deal, according to Warsaw Polish Prime...

Zelenskys last stand Trumps push for a Ukraine settlement

Zelenskys last stand Trumps push for a Ukraine settlement

The US president wants to extract value from Kiev, and has no love for the current leader As high-stakes diplomacy unfolds between...

Explainer: What's wrong with U.S. reciprocal tariff policy?

Explainer: What's wrong with U.S. reciprocal tariff policy?

Customers shop at a Target store in Rosemead, Los Angeles County, California, the United States, on March 4, 2025. (Photo by Zeng Hui/Xinhua)U.S....

Trump threatens hefty tariffs on European spirits

Trump threatens hefty tariffs on European spirits

U.S. President Donald Trump on Thursday threatened the European Union with 200% tariffs on wine, champagne and other spirits produced...

Trump threatens 200% tariffs on European spirits

Trump threatens 200% tariffs on European spirits

U.S. President Donald Trump on Thursday threatened the European Union with 200% tariffs on wine, champagne and other spirits produced...

Andhra partners with Microsoft to equip 2 lakh youth with AI skills

Andhra partners with Microsoft to equip 2 lakh youth with AI skills

Amaravati (Andhra Pradesh) [India], March 13 (ANI): The Andhra Pradesh government on Thursday signed a crucial Memorandum of Understanding...

The debt noose: Why does Africa remain trapped

The debt noose: Why does Africa remain trapped

The continent must unite to shape its economic future and to end its dependence on Western financial institutions In late February...

World Insights: U.S. tariffs ignite criticism at home and abroad

World Insights: U.S. tariffs ignite criticism at home and abroad

A Shop Canadian sign is seen at a supermarket in Vancouver, British Columbia, Canada, March 4, 2025. (Photo by Liang Sen/Xinhua) Besides...

Assam, Dept of Biotechnology sign MoU for Centre-State partnership under BioE3 policy

Assam, Dept of Biotechnology sign MoU for Centre-State partnership under BioE3 policy

Guwahati (Assam) [India], March 13 (ANI): The Assam government and the Department of Biotechnology (DBT) have signed a Memorandum of...

India set to become World's most sought-after consumer market: Morgan Stanley

India set to become World's most sought-after consumer market: Morgan Stanley

New Delhi [India], March 13 (ANI): India is poised to become the world's most sought-after consumer market while undergoing a significant...

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Construction

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Dublin unveils affordable housing plan for vacant Cabra site
Affordable rental apartments planned on derelict site in north Dublin

DUBLIN, Ireland: Dublin City Council and Cluid Housing have unveiled plans to transform a vacant site in Cabra into an affordable rental...


Quality homes -- new vision for China's property sector amid market adjustment
Quality homes -- new vision for China's property sector amid market adjustment

This photo taken with a mobile phone shows people watching a sand table model of a real estate project in east China's Shanghai, May...


Cyclone Alfred turns larrikinism into animal cruelty
Cyclone Alfred turns larrikinism into animal cruelty

Ex-Tropical Cyclone Alfred brought out the worst in humanity as people mocked the natural disaster for clicks and likes, risking the...


Economic Watch: Quality homes -- new vision for China's property sector amid market adjustment

BEIJING, March 12 (Xinhua) -- For a long period of time, owning a home has been a common aspiration among Chinese citizens who rushed...


S. Korean banks' household lending rebounds in February

SEOUL, March 12 (Xinhua) -- South Korean banks' household lending rebounded in three months owing to higher demand for mortgage loan,...


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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