Wed, 27 Sep 2023

UAW stir hits GM, Stellantis dealers, customers with parts shortage

DETROIT, Michigan: This week, the United Auto Workers (UAW) expanded its members' strike to include dealers selling and servicing General ...

Toyota aiming for over 600,000 electric vehicles by 2025

TOKYO, Japan: Toyota Motor (7203.T) is ramping up its production of electric vehicles (EVs) under both the Toyota and luxury ...

240,000 Ford EcoSport SUVs being investigated for oil pump failures

WASHINGTON D.C.: After consumer complaints of oil pump failures, the National Highway Traffic Safety Administration's (NHTSA) Office of Defects Investigation ...

U.S. stocks make minor gains, Nasdaq Composite climbs 60 points

NEW YORK, New York - With no major news Monday, and nothing on the horizon, U.S. stocks remained little moved, ...

US Federal Reserve cutting 300 people from payroll

WASHINGTON D.C.: In a small but rare reduction to its headcount, which has grown steadily since 2010, the US Federal ...

Rite Aid may close over 400 stores, allow creditors to run operations

CAMP HILL, Pennsylvania: This week, the Wall Street Journal (WSJ) reported that Rite Aid could shut down some 400 to ...

US Transportation Secretary says New York's ATC needs more staff

WASHINGTON D.C.: U.S. Transportation Secretary Pete Buttigieg has criticized the air traffic control staffing shortages in New York as "unacceptable" ...

Will 'quiet the noise' in culture wars, Disney CEO tells investors

BURBANK, California: A note by Needham media analyst Laura Martin released this week revealed that CEO Bob Iger told investors ...

$14 billion takeover bid by JIP a success: Toshiba

TOKYO, Japan: This week, Toshiba revealed that a tender offer worth US$14 billion from Japan Industrial Partners (JIP) was a ...

Post approval, Vietnam's VinFast to deliver EVs to Europe this year

HANOI, Vietnam: While the European Union (EU) is set to impose tariffs on its Chinese rivals, Vietnamese electric vehicle (EV) ...

Fewer weddings hit China's $500 billion wedding industry

BEIJING, China: In a country where weddings are traditionally grand and expensive events, China's wedding industry, estimated at some US$500 ...

Before launch of iPhone 15, Apple France store workers call for strike

PARIS, France: Amid the imminent launch of the iPhone 15, unions representing Apple store workers in France have called for ...

250,000 hirings planned by Amazon during US holiday season

SEATTLE, Washington: To expand its next-day delivery services for shoppers, Amazon said it plans to hire 250,000 more U.S. workers ...

U.S. stocks slip, dollar loses ground against commodity currencies

NEW YORK, New York - U.S. stocks weakened on Friday as U.S. Treasury yields continued to point higher while some ...

Dubai real estate market on fire, billions of dollars in transactions each week

DUBAI, UAE - The bustling real estate market in Dubai has surged to unprecedented heights, reporting transactions valued at over ...

US business optimism about China at record low: Survey

SHANGHAI, China: A survey published this week by the American Chamber of Commerce (AmCham) in Shanghai showed that political tensions ...

eVTOL maker Joby chooses Ohio for its flying taxis plant

DAYTON, Ohio: Under an agreement announced this week, Joby Aviation will produce state-of-the-art electric vertical takeoff and landing (eVTOL) aircraft ...

China's industrial profit posts strong rebound in August

© Provided by Xinhua BEIJING, Sept. 27 (Xinhua) -- China's major industrial firms saw their profit rebound strongly in August, ...

1st LD-Writethru: China's industrial profit posts strong rebound in August

BEIJING, Sept. 27 (Xinhua) -- China's major industrial firms saw their profit rebound strongly in August, surging 17.2 percent from ...

Tourism Is Another Casualty of Morocco's Earthquake

Amizmiz, Morocco - Just weeks ago, Abdessamad Elgzouli earned a living introducing tourists to the rugged beauty of Morocco's High ...

Anti-Russia sanctions have failed billionaire tycoon

The country has withstood Western pressure by developing new trade and boosting domestic investment, Oleg Deripaska has claimedThe sanctions that ...

US home prices break records despite recession indicators report

A national housing price index hit a new all-time high even as interest rates and inflation continue to soarHome prices ...

Ukraine's new US-made tanks will burn Kremlin

The US-made M1 Abrams won?t do any better than the rest of the Western equipment supplied to Kiev, Moscow has ...

Sanctions an outdated 19th-century tool Russian tycoon

The country has withstood Western pressure by developing new trade and boosting domestic investment, Oleg Deripaska has claimedThe sanctions that ...

Ukraine to have world's lowest fertility rate WSJ

Poor demographics will likely significantly hamper Kiev's restoration efforts, the outlet has predictedUkraine is heading into another demographic spiral, with ...

X (aka Twitter) tops EU's disinformation hit list

The bloc claims to have objectively evaluated social media platforms using proprietary metricsX (formerly Twitter) has the worst ratio of ...

Texas AM enters Arkansas clash with QB concerns

(Photo credit: Maria Lysaker-USA TODAY Sports) Texas AM will travel in-state to Arlington to face Arkansas on Saturday in Southeastern ...

Fujairah Crown Prince attends launch of Fujairah International Mining Forum, applauds its global strategic objectives

FUJAIRAH, 26th September, 2023 (WAM) -- H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, has ...

Xinhua Commentary: Cooperation remains mainstream of China-EU ties

© Provided by Xinhua The 10th China-EU High-level Economic and Trade Dialogue sheds light on how the world's second-largest economy ...

Sanctions are an outdated 19th century tool Russian tycoon

Russia has withstood Western pressure by developing new trade and boosting domestic investment, Oleg Deripaska saysThe sanctions that the West ...

Axis Bank plans to open 500 branches in 2023-24

New Delhi [India], September 26 (ANI): Axis Bank plans to open 500 branches in the current financial year 2023-24, against ...

"India is seen as a solution provider, one that bridges divide...": EAM Jaishankar

New Delhi [India], September 26 (ANI): Highlighting the country's strong economic growth and convincing power in the G20 Summit that ...

Ukraine knows US tanks wont make much difference WSJ

President Vladimir Zelensky confirmed the long-expected arrival of Abrams armored vehicles this weekUkrainian officials are not expecting US-made Abrams main ...

We should decisively move to new economic model, led by real improvement in lives of citizens: Kazakhstan President Tokayev

Astana [Kazakhstan], September 26 (ANI): Kazakhstan President Kassym-Jomart Tokayev highlighted that the country should decisively move to a new economic ...

Yancheng's green transformation acclaimed at World Coastal Forum

© Provided by Xinhua NANJING, Sept. 26 (Xinhua) -- The highlight of every August at the Tiaozini wetland is the ...

Leaders extend wishes to former PM Manmohan Singh's on his 91st birthday

New Delhi [India], September 26 (ANI): Prime Minister Narendra Modi along with several other leaders extended their greetings to former ...

Mining sector to contribute 5% to non-oil GDP by 2030

ABU DHABI, 25th September, 2023 (WAM) -- Khaled Al Hosani, Director of the Geological and Mineral Resources Department at the ...

AIIB's annual meeting kicks off in Egypt

© Provided by Xinhua SHARM EL-SHEIKH, Egypt, Sept. 25 (Xinhua) -- The eighth annual meeting of the Board of Governors ...

Türkiye's economic shift fuels optimism but challenges persist

© Provided by Xinhua by Burak AkinciANKARA, Sept. 25 (Xinhua) -- Türkiye's shift to more conventional economic policies in recent ...

Mandaviya to launch national policy on RD in Pharma Med-Tech sector

New Delhi [India], September 25 (ANI): Dr Mansukh Mandaviya, Union Minister of Chemicals and Fertilisers and Minister of Health and ...

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Famous Uyghur scholar gets life sentence from court in China

BEIJING, China: A respected Uyghur scholar, known for her extensive work in studying Uyghur folklore and traditions, has been sentenced ...

Coal mine fire in Guizhou province, China, kills 16 people

BEIJING, China: Local authorities said a fire at the Shanjiaoshu coal mine in Guizhou province, southern China, killed 16 people ...

Flamingos cause a flutter at Lake Michigan beach in Wisconsin

MADISON, Wisconsin: Last week, five flamingos were seen along a Lake Michigan beach in Wisconsin, attracting a large crowd of ...

UK government may truncate over-budget high-speed rail project

LONDON, UK: The UK government said over the weekend that it could downscale the scope of the High Speed 2 ...

Lahaina officials lift restrictions for residents to return after wildfire

LAHAINA, Hawaii: This week, officials are expected to begin lifting restrictions on entry to the burn zone in Lahaina, Hawaii, ...

Bus carrying high school band crashes in New York, two dead

LONG ISLAND, New York: On Thursday, a bus carrying members of a high school marching band traveling to a music ...

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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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