Sat, 03 Jun 2023

Nvidia joins ranks of major US businesses valued at over $1 trillion

SANTA CLARA, California: As investors piled more capital into Nvidia, the chipmaker that has become one of the biggest winners ...

Washington coordinates 14-country supply chain agreement

WASHINGTON D.C.: The U.S. Commerce Department has said that trade ministers from 14 countries have taken part in the US-led ...

Georgian billionaire wins $926 million from Credit Suisse in fraud

ZURICH, Switzerland: In one of the largest legal awards ever against Credit Suisse, the bank was ordered to pay $926 ...

China, South Korea seek to expand cooperation in chip sector

DETROIT, Michigan: Amid broader global concerns over semiconductor chip supplies, sanctions and national security, Chinese commerce minister Wang Wentao said ...

Strong US Jobs Report Cheers Biden, Raises Questions for Fed

The labor market in the United States continued to defy expectations in May, adding 339,000 new jobs. The figure was ...

Trouble mounts for Pakistan govt as IMF rejects loan request

Islamabad [Pakistan], June 3 (ANI): A cabinet member on Thursday said Pakistan's request to lower the requirement of securing USD ...

U.S. stocks surge on passage of debt ceiling bill, strong jobs data

NEW YORK, June 2 (Xinhua) -- U.S. stocks posted handsome gains on Friday as investors cheered the passage of a ...

Nigeria's Main Labor Federation to Strike Over Fuel Subsidy Removal

ABUJA - Nigeria's main labor union said Friday it plans to go on strike from Wednesday to protest a tripling ...

U.S. dollar rises on strong job growth

NEW YORK, June 2 (Xinhua) -- The U.S. dollar strengthened Friday as the U.S. non-farm payrolls surged more than expected. ...

Pakistan Allows Barter Trade with Iran, Afghanistan, Russia

ISLAMABAD - Pakistan has authorized barter trade with Iran, Afghanistan and Russia on specific goods, including petroleum and gas, to ...

Gold falls on stronger than expected U.S. data

CHICAGO, June 2 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday ...

Florida 'freakishness': why the sunshine state might have lost its appeal

Florida is known worldwide for its beaches, resorts and theme parks, but has recently made headlines for a different reason. ...

Kenya says developing digital currency not priority

NAIROBI, June 2 (Xinhua) -- There is "no compelling need" to develop the digital currency, given instability in the global ...

Explainer: Delving into America's debt crisis

© Provided by Xinhua Answers to the following four questions may provide some insight for other countries around the world ...

Africa's mobile phone market shrinks by 3.4 pct in Q1

NAIROBI, June 2 (Xinhua) -- Africa's smartphone market declined by 3.4 percent quarter on quarter (QoQ) in the first quarter ...

IMF maintains forecast of Malaysia's 2023 economic growth rate at 4.5 pct

KUALA LUMPUR, June 2 (Xinhua) -- The International Monetary Fund (IMF) reiterated on Friday that Malaysia's economic growth will moderate ...

Lightstorm unveils Polarin - A game-changing NaaS platform enabling scalable and agile cloud interconnectivity for enterprises

NewsVoirNew Delhi [India], June 2: Lightstorm proudly announces the launch of Polarin, a ground-breaking self-serve Network-as-a-Service (NaaS) platform. Polarin by ...

US Employers Added 339,000 Jobs in May as Labor Market Stays Durable

WASHINGTON - The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and ...

Afghanistan's Central Bank to collect worn-out banknotes, circulate new ones

Kabul [Afghanistan], June 2 (ANI): Amid a rise in the number of worn-out banknotes in Afghanistan, the country's Central Bank ...

US Fed Reserve officials signal they could hold rates: NYT

New York [US], June 2 (ANI): US Federal Reserve officials have signalled that they could hold rates steady at their ...

CIE at IIITH hosts Geospatial Hackathon in Collaboration with DST, SOI, Microsoft and CIE for geospatial map technologies

PRNewswireHyderabad (Telangana) [India], June 2: CIE at IIITH hosted the Finale Event of the DST Geospatial Hackathon, with DST, SOI ...

Global tycoons revisit China, keen to expand business

© Provided by Xinhua SHANGHAI, June 2 (Xinhua) -- It's been a busy week in China, with some of the ...

BRICS commits to bring about reforms in UNSC

Cape Town [South Africa], June 2 (ANI): The BRICS Ministers of Foreign Affairs and International Relations met on 1 June ...

Eurozone inflation slides to lowest in over one year: NYT

Paris [France], June 2 (ANI): Inflation in the eurozone slid last month to the lowest level in more than a ...

Trainocate India Celebrates its 15th Anniversary Today

PRNewswireBangalore (Karnataka) [India], June 2: Trainocate India, a leading learning and development service provider, proudly commemorates its 15-year anniversary, marking ...

Economic Watch: Global tycoons revisit China, keen to expand business

SHANGHAI, June 2 (Xinhua) -- It's been a busy week in China, with some of the best-known international business tycoons ...

Tata Motors' EV sales jump 66 pc in May

Mumbai (Maharashtra) [India], June 2 (ANI): Tata Motors has said its electric vehicle sales of domestic and international business in ...

Mphasis subsidiary acquires UK-based eBECS

Bengaluru (Karnataka) [India], June 2 (ANI): IT services company Mphasis on Friday said its subsidiary -- Mphasis Consulting -- acquired ...

"Meddling in internal affairs": Pakistan Defence Minister on IMF official's statement

Islamabad [Pakistan], June 2 (ANI): Pakistan's Minister of Defence Khawaja Asif has cited the recent remark by Nathan Porter, the ...

Thai central bank raises policy rate to 2 pct

© Provided by Xinhua A 0.25-percentage-point rate hike announced by Thailand's central bank brings the key policy rate to its ...

Pakistan: Food prices soar as CPI inflation record 38pc in May

Islamabad [Pakistan], June 2 (ANI): Pakistan's consumer price index (CPI)-based inflation rate soared to a record 38 per cent on ...

U.S. stocks close higher amid optimism on debt ceiling progress

NEW YORK, June 1 (Xinhua) -- U.S. stocks ended higher on Thursday as investors applauded the debt ceiling progress in ...

U.S. dollar weakens due to disappointing manufacturing data

NEW YORK, June 1 (Xinhua) -- The U.S. dollar suffered substantial losses on Thursday as disappointing economic data in the ...

Dylan Frittelli exits Memorial after 15 start through 14 holes

Three pars to start the first round turned out to be the highlight of Dylan Frittelli's rough outing Thursday at ...

Central bank chief warns of risks to Sweden's financial stability

STOCKHOLM, June 1 (Xinhua) -- Due to high inflation and increasing interest rates, Sweden's financial stability is strained and the ...

US and UK poised to slide into recession Moody's

The downbeat forecast comes as central banks continue their fight against inflationGlobal growth will decelerate this year amid sticky inflation ...

Sri Lankan economy to recover at rapid pace in H2: official

COLOMBO, June 1 (Xinhua) -- Sri Lanka's economy will recover at a rapid pace in the second half of 2023, ...

Dubai Investments showcases its powerhouse status at 'Make it in the Emirates' forum

Dubai [UAE], June 1 (ANI/WAM): Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market (DFM), is ...

Mahua Acharya joins C-Quest Capital as Chief of Staff, Bringing Decades of Experience in Energy Transition and Carbon Markets

NewsVoirNew Delhi [India], June 1: C-Quest Capital (CQC), a world-leading carbon finance business dedicated to catalysing an energy transition across ...

Pro Bowl P Brett Kern retires after 15 seasons

Three-time Pro Bowl punter Brett Kern, who played 13 of his 15 seasons with the Tennessee Titans, announced his retirement ...

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Washington coordinates 14-country supply chain agreement

WASHINGTON D.C.: The U.S. Commerce Department has said that trade ministers from 14 countries have taken part in the US-led ...

"Don't think Indian bowling attack is any less to Australia": Greg Chappell

New Delhi [India], June 3 (ANI): Former Australian cricketer Greg Chappell believes that the Indian bowling attack will be an ...

Pentagon chief warns Taiwan war would be devastating'

Washington must upgrade its ?force posture? in the Indo-Pacific to better confront Beijing and Pyongyang, Lloyd Austin saidUS Defense Secretary ...

Odisha triple train mishap: Foreign Ministers of Australia, Sri Lanka condole loss of lives

Canberra [Australia], June 3 (ANI): Foreign Ministers of Australia and Sri Lanka on Saturday condoled the loss of lives in ...

"Virat will get runs for India": Former cricketer Greg Chappell ahead of WTC 2023 final

New Delhi [India], June 3 (ANI): Former Australian cricketer Greg Chappell believes that the Oval conditions will suit the star ...

India raises global human resources by harnessing young population

New Delhi [India], June 3 (ANI): With a staggering population of over 1.4 billion, India emerges as a veritable powerhouse, ...

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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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