Wed, 29 Mar 2023

Eli Lilly announces new plant in Ireland; Limerick site to employ 300

DUBLIN, Ireland: US pharmaceutical giant Eli Lilly has said it will build a $1bn medicine manufacturing site in Limerick. Lily ...

Violent pitching on business jet kills passenger over New England

WASHINGTON D.C.: The US National Transportation Safety Board has said that after an automated cockpit warning that switched off a ...

China economy remains slow as industrial profits down 4% in 2023

BEIJING, California: As the world's second-largest economy is still struggling to fully recover from the long-term effects of COVID-19, most ...

U.S. industrial stocks advance Monday, techs lag

NEW YORK, New York - Bank shares were being bought up on Monday as U.S. industrial stocks kicked the week ...

With eye on travelers, US reduces airline requirements at airports

WASHINGTON D.C.: To address summer airport congestion and low air traffic controller staffing levels, the Federal Aviation Administration (FAA) said ...

Canada tells Biden it will spend more on Great Lakes water quality

OTTAWA, Canada: After a meeting between Canadian Prime Minister Justin Trudeau and US President Joe Biden, Ottawa has pledged to ...

Closing of SVB Bank causes fall in deposits in small US banks

NEW YORK CITY, New York: Deposits at small U.S. banks throughout the country dropped the most since 2007 after the ...

Ford EVs will lose $3 billion pretax in 2023, says officials

DETROIT, Michigan: In a briefing for investors and analysts this week, Ford Motor Co. reported that while its electric vehicle ...

Hundreds of workers to be fired at Walmart's US fulfillment centers

BENTON, Arkansas: Reuters reported that due to a reduction or elimination in evening and weekend shifts, Walmart will lay off ...

Russian car buyers slowly learning to buy Chinese cars

MOSCOW, Russia: As western automakers have left Russia since the start of the Ukraine war, the Chinese have rushed in ...

Tottering Virgin space business receives $200 million from investor

LONDON, England: Reuters has reported that struggling Virgin Orbit, owned by billionaire Richard Branson, is nearing a $200-million investment deal ...

EV charger plants slowing down due to 'Made In America' rules

NEW YORK CITY, New York: To comply with the requirements of the "Made in America" laws, a $7.5 billion federal ...

Financing official: expect more banks to close

LONDON, England: During a Bloomberg conference held in London this week, Luke Ellis, CEO of hedge fund Man Group, said ...

U.S. stocks defy global gloom, concerns about giant German bank

NEW YORK, New York - Wall Street jumped on Friday, although gains were modest after bank shares in Europe came ...

30,000 teachers' aides, bus drivers, others strike at Calif. schools

LOS ANGELES, California: Some 30,000 education workers in Los Angeles, backed by teachers, went on a three-day strike, canceling school ...

Demand for US flights to Europe jumps 37%, prices also rise

LONDON, England: Despite rising air fares, a potential global economic recession and risks of gridlock at some airports in Europe ...

U.S. says businesses receiving federal funds cannot work with China

WASHINGTON D.C.: The US Commerce Department has proposed new laws aimed at preventing China and other countries deemed of concern ...

Central Railways earns Rs 300 crore from ticketless travellers in 2022-23

Mumbai (Maharashtra) [India], March 29 (ANI): The Central railways have scored big earns this financial year, surpassing all the zonal ...

2 Pakistanis arrested in Greece for plotting terrorist attack at Jewish restaurant

Athens [Greece], March 29 (ANI): Greek authorities foiled a terrorist attack against Jewish and Israeli targets in the country and ...

US values in sharp decline poll

Americans no longer find patriotism, religion, children, or community involvement important, a Wall Street Journal survey has foundThe number of ...

Habitual pickpocket arrested in Hyderabad; gold chains worth Rs 18.5 lakh recovered

Hyderabad (Telangana) [India], March 29 (ANI): The Hyderabad police on Tuesday arrested a habitual pickpocket and recovered gold ornaments weighing ...

Pakistan's economy spiralling out of control as friendly nations refuse to offer support: Report

Islamabad [Pakistan], March 29 (ANI): Pakistan is in a fix as it has entered into a vicious cycle of borrowing ...

Rajasthan Samgrah Kalyan Sansthan organizes event on 'Samatva' at UN office

Geneva [Switzerland], March 29 (ANI): Rajasthan Samgrah Kalyan Sansthan (RSKS India) organized an event on 'Samatva' at the United Nations ...

India's exports hit record in 2022-23 at USD 750 bn: Piyush Goyal

New Delhi [India], March 28 (ANI): India's total exports crossed USD 750 billion with two-to-three days still left in financial ...

China: The case of protesting workers and indifferent state

Beijing [China], March 28 (ANI): Three months after the reversal of its zero-Covid mandate, China appears to be grappling with ...

Key takeaways from China Development Forum 2023

BEIJING, March 28 (Xinhua) -- At the China Development Forum 2023, which concluded on Monday, senior Chinese officials, leaders of ...

India will continue to work with African nations to promote regional security, enhance defence capabilities: Rajnath Singh

Pune (Maharashtra) [India], March 28 (ANI): Defence Minister Rajnath Singh on Tuesday said that India will continue to work with ...

G20 expert group on strengthening Multilateral Development Banks constituted

New Delhi [India], March 28 (ANI): A G20 expert group for strengthening multilateral development banks (MDBs) has been constituted under ...

Update: Asia's GDP expected to grow 4.5 pct in 2023: report

© Provided by Xinhua BOAO, Hainan, March 28 (Xinhua) -- The weighted real GDP growth rate of Asia in 2023 ...

US Concerned About Russia-Iran Partnership

The United States expressed concern Monday about the strengthening of ties between Russia and Iran."It should be a concern for ...

Upbeat economic outlook issued for China

S&P Global Ratings forecasts 5.5% GDP growth this yearChina's economy will grow this year, exceeding Beijing's official projections and supporting ...

China now bails out countries after pushing them into 'debt-trap'

Washington [US], March 28 (ANI): Since the end of World War II, the International Monetary Fund and the United States ...

Indian stocks largely steady Tuesday morning

New Delhi [India], March 28 (ANI): Indian stocks indices were largely steady Tuesday morning after closing on the higher side ...

Chinese yuan weakens to 6.8749 against USD Tuesday

© Provided by Xinhua BEIJING, March 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the ...

Biden orders US flags to be flown at half-staff to honour victims of Nashville shooting

Washington [US], March 28 (ANI): US President Joe Biden has ordered that the flags at the White House and all ...

US Treasury yields rise as bank worries ease

NEW YORK, 27th March, 2023 (WAM) -- Wall Street equities gained and U.S. Treasury yields rose on Monday as investor ...

Global economic growth to slump to three-decade low, World Bank warns

WASHINGTON, 27th March, 2023 (WAM) -- The average potential global economic growth will slump to a three-decade low of 2.2% ...

US: Biden calls Nashville shooting "sick", urges Congress to pass assault weapons ban

Washington [US], March 28 (ANI): US President Joe Biden on Monday (local time) termed the school shooting at Nashville which ...

Real GDP growth projected to expand by 4.3 percent in 2024: Central Bank

ABU DHABI, 27th March, 2023 (WAM) -- The Central Bank of the United Arab Emirates has projected the country's annual ...

SC tags CBI's plea against bail to Lalu Prasad Yadav with other cases

New Delhi [India], March 28 (ANI): The Supreme Court on Monday said it will hear along with a pending plea ...

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Automotive

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Cost of electric cars in Ireland to rise 2,000 euros as subsidies fall

DUBLIN, Ireland: Beginning July 1, private car owners in Ireland who purchase electric vehicles will see the state subsidy drop ...

Ford EVs will lose $3 billion pretax in 2023, says officials

DETROIT, Michigan: In a briefing for investors and analysts this week, Ford Motor Co. reported that while its electric vehicle ...

Russian car buyers slowly learning to buy Chinese cars

MOSCOW, Russia: As western automakers have left Russia since the start of the Ukraine war, the Chinese have rushed in ...

EV charger plants slowing down due to 'Made In America' rules

NEW YORK CITY, New York: To comply with the requirements of the "Made in America" laws, a $7.5 billion federal ...

Ford Battery Plant Using Chinese Tech Raises Alarms in Congress

chicago - Ford Motor Company's plan to create batteries for the rapidly expanding electric vehicle (EV) market could encounter congressional ...

EU to ban new gas, diesel cars by 2035 despite divisions

© Provided by Xinhua Emissions from vehicles represent around a fourth of total EU greenhouse gas emissions.ROME, March 28 (Xinhua) ...

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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