Mon, 23 May 2022

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Business

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Mercedes to install lighter batteries with 20-40% power boost

STUTTGART, Germany: Beginning in 2025, Mercedes-Benz will incorporate a new, highly energy-dense battery in its G-Class electric vehicles, potentially solving ...

Recession feared by as UK faces highest inflation in 40 years

LONDON, England: UK prices are rising at their fastest rate in 40 years, as higher energy bills are changing spending ...

Target reports profits down 52%, shares down 25%

MINNEAPOLIS, Minnesota: Amidst the rising costs of essentials, such as fuel and food, and the rapid return by consumers to ...

German Allianz pays $6 billion in fraud case, officials plead guilty

WASHINGTON D.C.: After its U.S. asset management unit pleaded guilty to criminal securities fraud after the collapse of a group ...

Court rules unconstitutional California law requiring women on boards

SACRAMENTO, California: In another blow to the state's push to diversify corporate leadership, a California court judge has ruled that ...

Nepal confirms African swine fever outbreak

KATHMANDU, Nepal - According to the World Organization for Animal Health (OIE), Nepal has reported its first cases of African ...

International

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To help US businesses, 35,000 foreign workers to be taken in

WASHINGTON D.C.: Due to the inability of businesses to hire enough workers, the U.S. has announced that it will grant ...

US Senate to vote on resolution urging probe of beef price fixing

WASHINGTON D.C.: U.S. senators Elizabeth Warren and Mike Rounds have introduced a bipartisan resolution requesting the Federal Trade Commission (FTC) ...

Strain of Ukraine war causes Russian defense spending to increase 40%

MOSCOW, Russia: According to preliminary data released by the finance ministry this week, almost three months after Moscow's invasion of ...

After China bows out, new decision expected on Asian Cup host

KUALA LUMPUR, Malaysia: After China's decision to not host the 2023 Asian Cup, a choice for a new host will ...

Strong support for Taiwan to attend WHO meeting this week

GENEVA, Switzerland: The World Health Organization (WHO) has received a proposal by 13 member states requesting that Taiwan be allowed ...

EU heads tell Ukraine military supplies will continue

BRUSSELS, Belgium: European Union foreign policy chief Josep Borrell has said that the bloc would ensure Ukraine that it has ...

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