Fri, 26 Feb 2021

Macquarie profits up by $317 million due to Texas deep freeze

The winter storms that have swept across the U.S., particularly Texas, upending the energy market and knocking out power for ...

As Brazil's Petrobras oil drops, stocks, bonds also tumble

RIO DE JANEIRO, Brazil - Shares of state-owned oil company Petrobras fell 22 percent on Monday, wiping out $13 billion ...

Stocks in Asia jump on U.S. Fed chairman's remarks

SYDNEY, NSW, Australia - Stocks in Asia rose across the board on Thursday, in line with the global trend, following ...

Musk's loss of $30 billion drops him from world's richest person

Tesla founder Elon Musk is no longer the richest person on earth after his stock portfolio tumbled 6 percent on ...

Wall Street has jubilant finish, all indices gain ground

NEW YORK, New York - U.S. stocks closed sharply higher on Wednesday adding to the volatility this week which has ...

Engine parts from 777 fall over Denver, bringing more woes for United

CHICAGO, Illinois - After engine parts fell onto a residential neighborhood in Denver, USA this weekend, Boeing Co. has recommended ...

Irish schools expect to reopen in March

DUBLIN, Ireland - The government is considering easing the nationwide Covid lockdown before the planned nine-week deadline, as Taoiseach Micheal ...

Sharemarkets in Asia hit the skids, Hong Kong index down more than 3%

SYDNEY, NSW, Australia - Sharemarkets in Asia were rocky on Wednesday following a violent sell-off on Wall Street a day ...

Vaccine could prevent transmission of virus, says Israeli study

TEL AVIV, Israel: An Israeli study has found the COVID-19 vaccine developed by Pfizer and BioNTech effective in preventing laboratory-confirmed ...

Texas recovering from freezing winter, looks to begin pumping oil

Oil prices climbed again on Tuesday after a jump in the morning session, holding near a 13-month high, due to ...

Wall Street does about-turn after volatile day's trading

NEW YORK, New York - U.S. stocks fell heavily for most of the day on Tuesday, but in late trading ...

Purchase of Cooper Tire means Goodyear to double presence in China

Goodyear Tire and Rubber Company's announcement that it would purchase rival Cooper Tire for $2.8 billion ensures Goodyear will double ...

Amazon to add 1,000 jobs in Ireland, will have 5,000 employees

DUBLIN, Ireland: Amazon's workforce in Ireland will expand to 5,000, as the online shopping platform announced it would hire an ...

Chinese can't travel for holiday, so record numbers attend movies

BEIJING, China: During the recent Lunar New Year holiday, ticket sales at Chinese movie theaters reached a record breaking $1.2 ...

Reports claim Huawei to only ship 70 to 80 million phones in 2021

SHENZEN, China - After shipping 189 million smartphones in 2020, Chinese tech manufacturer Huawei reportedly anticipates production will fall by ...

Wall Street falters as technology stocks take major hit

NEW YORK, New York - Rising U.S. Treasury yields kept most stock traders at bay on Monday, reflecting a trend ...

How universities can support local businesses and communities

The pandemic has provided an urgent lesson in the value of cooperation and partnership. The state, the private sector and ...

Chinese Company IPOs on US Exchanges Hit 10-Year High in 2020

The number of Chinese companies selling stock shares on American exchanges hit a 10-year high in 2020, despite the rising ...

Implats to invest R10 billion in Limpopo and Zimbabwe mines

Impala Platinum plans to invest R10 billion in the expansion of its existing projects to bolster output.It will spend R5.7 ...

World stock markets climb on Powell reassurance, vaccine hopes

World stock markets advanced on Thursday. Oil prices briefly hit fresh 13-month peaks on keen demand, while the European single ...

Asia markets track Wall St record after Powell's soothing words

Expectations the global economy will rocket have helped equities surge in recent weeks.Fed boss Jerome Powell for a second day ...

Mboweni's budget bolsters bullish stock call, says JPMorgan

PMorgan Chase & Co. strategists said the South African budget has increased their confidence in an overweight call on the ...

Govt wants to bring a paradigm shift in agri sector: PM

Coimbatore (Tamil Nadu) [India], February 25 (ANI): Prime Minister Narendra Modi on Thursday said the government wants to bring a ...

Patrick Cantlay withdraws from WGC-Workday

An upset stomach and dehydration forced Patrick Cantlay to withdraw prior to the start of the World Golf Championships-Workday Championship ...

ADB sells $2 billion 10-year global benchmark bond

Manila [The Philippines], Feb 25 (ANI): The Asian Development Bank (ADB) has priced a two billion dollar 10-year global bond, ...

Equity indices edge higher, Coal India up 8 pc

Mumbai (Maharashtra) [India], Feb 25 (ANI): Equity benchmark indices advanced on Thursday due to favourable global cues amid optimism over ...

Pitfalls of EU-Comprehensive Agreement on Investment deal

Athens [Grecce], February 25 (ANI): December 2020, European Union (EU) landmark trade deal - the Comprehensive Agreement on Investment (CAI) ...

Omega Seiki Mobility to set up plant in Bangladesh

New Delhi [India], February 25 (ANI/NewsVoir): Omega Seiki Pvt Ltd, the Electric vehicles manufacturing company of Anglian Omega Group is ...

Discovery forecasts possibility of deadlier third wave

Discovery says its target market in South Africa was hit much harder by the second wave of Covid-19 infections.The company ...

Former Slave Beat Odds in 1870 to Become First Black US Congressman

WASHINGTON - Lorna Rainey can only imagine what it was like for her great-grandfather to walk into the U.S. Capitol ...

Manufacturing, MSMEs spearheading economic growth: RBI

Mumbai (Maharashtra) [India], February 25 (ANI): The manufacturing sector and micro, small and medium enterprises (MSME) are spearheading economic growth ...

Finding way in the Labyrinth of cyber warfare

Bengaluru (Karnataka) [India], February 25 (ANI/PNN): As the world gradually evolves into a global village, there has been an accelerating ...

Xoxoday Empuls integrates with Microsoft Teams

Bangalore (Karnataka) [India], February 25 (ANI/PRNewswire): Xoxoday recently announced an integration with Microsoft Teams through Empuls, its employee engagement social ...

Assam now known for development, education and tourism: HM

Nagaon (Assam) [India], February 25 (ANI): Highlighting the transformation of Assam, Union Home Minister Amit Shah on Thursday said the ...

MSME sector emerges as growth engine of economy: RBI

New Delhi [India], February 25 (ANI): The Micro, Small and Medium Enterprises (MSME) sector has emerged as the growth engine ...

MSME emerged as growth engine of economy: RBI

New Delhi [India], February 25 (ANI): The Ministry of Micro, Small and Medium Enterprises (MSME) has emerged as the growth ...

Equity indices up on positive global cues, metal stock

Mumbai (Maharashtra) [India], February 25 (ANI): Equity benchmark indices edged higher during early hours on Thursday on the back of ...

Pressure on WTO to consider India's proposed IPR waiver

New Delhi [India], February 25 (ANI): As the world grapples to counter the pandemic, pressure on the World Trade Organisation ...

Former Serbian Mayor Convicted in Arson Attack on Reporter

A Serbian court has sentenced a former mayor to four years in prison for ordering an arson attack on the ...

Biden's Trade Pick to Focus on Enforcement, Supply Chains, Alliances

WASHINGTON - Katherine Tai, President Joe Biden's nominee for U.S. trade representative, will vow to U.S. senators that she will ...

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Supreme Court ruling exacerbates Trump's legal issues

NEW YORK, New York - Like a mob boss looking for payback, Donald Trump wanted the Supreme Court to do ...

Inspectors to seek out metal failure as cause of United engine fire

WASHINGTON, DC - The U.S. Federal Aviation Administration (FAA) has ordered immediate inspections of all Boeing 777-200 planes using Pratt ...

EU expects Navalny sanctions for Russians to be ready next week

BRUSSELS, Belgium - In a largely symbolic move, foreign ministers of the European Union agreed this week to sanction four ...

Boost in supplies seen as Covid vaccine stocks fall short of promises

WASHINGTON, DC - Moderna has announced, following approval by the U.S. Food and Drug Administration, that it will place 15 ...

Improvements seen, but 8.7 million Texans still boiling water

Some 8.7 million Texans remain under orders to boil their water before drinking or cooking with it, following a massive ...

After 11 month closure, Chicago's parks to reopen 'soon'

CHICAGO, Illinois - Following an 11-month closure, Chicago's lakefront, parks and pools are preparing to reopen.Earlier this week, Chicago Mayor ...

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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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