Mon, 04 Jul 2022

Barbecues in jeopardy as food prices jump for US Fourth of July

WASHINGTON D.C.: Due to surging food prices, summer cookouts for the U.S. Independence Day holiday are more expensive, forcing Americans ...

US employers see small shift as job market cooling

WASHINGTON D.C.: In a cardboard box factory outside Baltimore, people have been walking into the office of Paul Centenari, chief ...

IKEA says store inventories return to pre-Covid levels

DELFT, Netherlands: IKEA officials said this week that the furniture retailer's warehouses in Europe are as full as they were ...

21 percent six-month loss strips S&P 500 of $8 trillion in value

NEW YORK CITY, New York: After the first six months of 2022, the S&P 500 recorded a loss of 20.6 ...

Washington reports US economy falls 1.6 percent in Q1 2022

WASHINGTON D.C.: Due to the record high trade deficit and a resurgence in COVID-19 infections that curbed spending on services, ...

Chip design center to be built by MediaTek, Indiana Purdue University

TAIPEI, Taiwan: The world's fourth largest chip designer by revenue, Taiwan's MediaTek, has told Reuters that it plans to create ...

Stock markets in U.S. revive after sharp sell-off, dollar forges ahead

NEW YORK, New York - U.S. stocks rebounded on Friday, a day after major across-the-board sell-offs."Consensus estimates for 2022 and ...

Swiss pharma Novartis to cut 7.4% of global workforce

GENEVA, Switzerland: Swiss pharmaceutical group Novartis has said, as part of its previously announced restructuring program, that it could cut ...

Shanghai Disney opens gates after city ends Covid lockdowns

SHANGHAI, China: Walt Disney Company reopened Shanghai Disneyland on 30th June, one month after the city lifted a two month ...

Asian stocks shunned by investors, Nikkei 225 loses 457 points

SYDNEY, NSW, Australia - Stocks in Asia skidded lower Friday with all the major indices recording solid losses."Capitulation is the ...

Islamabad considers importing oil from Russia

ISLAMABAD, Pakistan - Given the country's ongoing economic crisis and acute fuel shortage, the Pakistan government is considering purchasing oil ...

High pressure fracking again being used by US oil companies

WASHINGTON, D.C.: Amidst the rise of "re-fracs" in the U.S. as part of the efforts to boost domestic oil production, ...

Stocks in Asia in retreat, Australian All Ordinaries loses nearly 2 percent

SYDNEY, NSW, Australia - Stocks in Asia traded sharply lower on Thursday, following on from major falls on Wall Street ...

Unable to staff airports, Germany to bring in foreign workers

BERLIN, Germany: A German Interior Ministry spokesperson has said that in a bid to relieve airports overwhelmed by staff shortages ...

France expects to reopen coal-fired power plant in Lorraine

PARIS, France: In a written statement made this week confirming a report from broadcaster RTL, France's energy ministry said the ...

U.S. stock markets struggle, dollar makes sudden jump higher

NEW YORK, New York - Wall Street struggled to find its footing on Wednesday after Fed chief Jerome Powell vowed ...

US farms planting unplanned crops due to chemical shortages

WASHINGTON D.C.: Due to persistent shortages of agricultural chemicals that threaten yields, U.S. farmers have cut back on using common ...

EU power grab used to wage economic war against Russia media

The bloc is becoming more like a military organization under pressure from the US, Spiegel reportsThe EU leadership has conducted ...

U.S. Independence Day celebrations clouded by domestic predicament

PARTISAN FIGHTWhen former White House aide Cassidy Hutchinson last week provided testimony on the Capital riot on Jan. 6, 2021, ...

EU grabbed more power to wage economic war against Russia media

The bloc is becoming more like a military organization under pressure from the US, Spiegel reportsThe EU leadership has conducted ...

EXPLAINED: Why central banks, including the RBI, raising lending rates aggressively?

New Delhi [India], July 4 (ANI): Countries across the world have been grappling with unprecedented levels of inflation. In the ...

Proposed HDFC-Bank merger receives stock exchanges' clearance

New Delhi [India], July 4 (ANI): The proposed merger of HDFC Bank and its parent firm HDFC is another step ...

Does Singapore's Three Arrows Crypto troubles vindicate India's cautious approach?

By Lee Kah WhyeSingapore, July 4 (ANI): Last week, Singapore-based crypto hedge fund, Three Arrows Capital (3AC), was reported by ...

Georgians Hold Mass Rally for EU, Urge Government to Quit

Tbilisi, Georgia - Georgians staged a new mass rally Sunday demanding that the government resign over its failure to formally ...

Japan pledges USD 14 million in aid to Afghanistan during Doha meet

Doha [Qatar], July 3 (ANI): Japan has pledged USD 14 million for Afghan agriculture and development projects, said Afghanistan's Foreign ...

Canada needs to build more affordable housing for newcomers

The relationship between newcomers and the Canadian economy involves three key pillars: job availability, a sufficient population of working age ...

Shanghai Disneyland re-opens amid potential COVID-19 outbreak

Shanghai [China], July 3 (ANI): Amid the rising risk of a new outbreak as the cases surge in parts of ...

Imran Khan's friend Farah Gogi allotted industrial plot illegally

Lahore [Pakistan], July 3 (ANI): Farah Gogi, a close friend of ousted Prime Minister Imran Khan was illegally allotted an ...

The African Union at 20: some reason to cheer, but lots of work ahead

The European Union (EU) has lived up to the primary reason it was created - ensuring that member states will ...

Dozens of Russian Weapons Tycoons Have Faced No Western Sanctions

As Russia's military continues to pound Ukraine with missiles and other lethal weapons, Western nations have responded in part by ...

PM Modi delivers 'strong message' at G7 Summit

Munich [Germany], July 3 (ANI): In the recently concluded G7 meeting in Germany, Prime Minister Narendra Modi underlined the necessity ...

Pirates turn to Zach Thompson to take series from Brewers

The Pittsburgh Pirates have a chance Sunday to win their four-game series against the visiting Milwaukee Brewers after taking two ...

First round of talks for India-EU Trade and Investment Agreements concludes, second round in September

New Delhi [India], July 2 (ANI): The first round of negotiations for India-EU Trade and Investment Agreements has concluded in ...

Hungary suggests solution to curb global inflation

A ceasefire in Ukraine instead of anti-Russia sanctions could help tackle rising prices, Hungarian PM Viktor Orban has saidA ceasefire ...

Two civilians injured in Israeli airstrike Syrian military

Shelling came a few hours before senior Iranian diplomat was due to arrive in SyriaSyria's Defense Ministry has accused Israel ...

CRISIL sees India's average retail inflation in FY23 at 6.8 pc

New Delhi [India], July 2 (ANI): India's retail inflation during the financial year FY22-23 is expected to average at 6.8 ...

World's biggest economy dangerously close to recession analysts

JPMorgan Chase slashes its growth forecast for the US as consumers curb their spendingJPMorgan Chase has revised its midyear US ...

Native News Roundup, June 26 July 2, 2022

Here is a summary of Native American-related news around the U.S. this week:Supreme Court Expands Oklahoma's criminal jurisdiction over tribes ...

India's forex reserves rise $2.73 billion after three week of fall

New Delhi [India], July 2 (ANI): India's foreign exchange reserves rose by $2.734 billion to $593.323 billion during the week ...

US Announces $820 Million Military Aid Package for Ukraine

The United States announced details Friday of $820 million in additional military aid for Ukraine, including new surface-to-air missile systems ...

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International

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In "geopolitical signal," UE, New Zealand sign free trade pact

BRUSSELS, Belgium: Negotiations on a free trade agreement between the European Union and New Zealand ended successfully this week, paving ...

After shark kills swimmer, Egyptian authorities close Red Sea beach

CAIRO, Egypt: Egyptian authorities have prohibited swimming in a stretch of the Red Sea after an Australian woman was killed ...

US flight attendant to mark 65 years serving air passengers

NEW YORK CITY, New York: Bette Nash, age 86, has been named the longest serving flight attendant in the world, ...

UK parliament tells members to leave babies at home

LONDON, England: A UK parliamentary committee has told lawmakers that they may not bring babies to parliamentary proceedings and debates.The ...

Marine, Iwo Jima veteran, dies; last WW2 US Medal of Honor recipient

WASHINGTON D.C.: Hershel "Woody" Williams, the final surviving Medal of Honor recipient from World War Two, has died at a ...

Norwegian cruise cancels voyage after ship strikes small iceberg

SEATTLE, Washington: A Norwegian cruise liner has canceled its sailing and returned to port after damage was discovered following its ...

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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