Mon, 20 Jan 2025

Global unemployment to stay at 5% through 2025, ILO says

GENEVA, Switzerland: Global unemployment has remained steady at a record low of five percent in 2024, with the International Labour ...

$711 billion deficit posted by US in 3 months of fiscal 2025

WASHINGTON, D.C.: The U.S. Treasury Department reported this week that the federal budget deficit reached $711 billion for the first ...

Chinese want to buy shut German Volkswagen factories, reports say

FRANKFURT/BERLIN, Germany: Chinese automakers and officials are showing interest in acquiring German factories slated for closure, including those owned by ...

ispace's Resilience aims for moon landing after 2023 failure

ORLANDO, Florida/TOKYO: On January 15, two moon landers, one from Japan's ispace and another from the U.S. company Firefly Aerospace, ...

Vietnam and Russia to expand nuclear energy cooperation

HANOI, Vietnam: Vietnam and Russia have signed a new agreement to expand collaboration on nuclear energy during Russian Prime Minister ...

28% drop in Porsche's 2024 China sales

BERLIN, Germany: German luxury sports car manufacturer Porsche AG announced a significant 28 percent decline in 2024 sales in China, ...

U.S. and stocks worldwide rally ahead of Trump inauguration

NEW YORK, New York - U.S. stocks tacked on to a global rally Friday as interest rates around the world ...

Must increase LNG, nuclear power, says Trump's energy department pick

WASHINGTON, D.C.: Chris Wright, President-elect Donald Trump's pick to lead the U.S. Energy Department, emphasized the importance of expanding domestic ...

Strong AI chip demand could see TSMC fourth-quarter profit jump 58%

TAIPEI, Taiwan: Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker and a key supplier for Apple and Nvidia, ...

France's new prime minister to renegotiate pension reform

PARIS, France: French Prime Minister Franois Bayrou announced plans to renegotiate the contentious pension reform that raised the retirement age ...

US to penalize China for unfairly dominating shipbuilding

WASHINGTON, D.C.: The U.S. government has concluded that China employs unfair policies to dominate the global shipbuilding, maritime, and logistics ...

Tech stocks take a beating Thursday, Nasdaq drops 173 points

NEW YORK, New York - Wall Street ended Thursday's session in the red, with most major U.S. benchmarks posting modest ...

US unveils new rules to control flow of AI chips across globe

NEW YORK CITY, New York: The U.S. government has unveiled new regulations to tighten control over artificial intelligence (AI) chip ...

Rear-view camera issue forces recall of 239,000 Tesla vehicles in US

WASHINGTON, D.C.: Tesla announced on January 10 that it is recalling about 239,000 vehicles in the United States because the ...

US chicken, pork plant workers under higher health risks, USDA study

CHICAGO, Illinois: Workers in U.S. chicken and pork plants face significantly higher risks of developing musculoskeletal disorders, including carpal tunnel ...

Glee on Wall Street sidelines inflation concerns

NEW YORK, New York - U.S. stocks closed sharply higher Wednesday despite renewed concerns over inflation. Consumer prices rose more ...

NFL teams, league charity donate $5 million to LA wildfire relief

LOS ANGELES, California: The NFL announced late last week that its teams and charitable foundation are donating $5 million to ...

Supply shortage forces some US states to go without Dunkin' doughnuts

OMAHA, Nebraska: Dunkin' customers in Nebraska, New Mexico, and other states faced an unexpected disappointment last week: a doughnut shortage. ...

U.S.-WASHINGTON-CHINA-HAN ZHENG-TESLA-CEO-MEETING

(250119) -- WASHINGTON, Jan. 19, 2025 (Xinhua) -- Chinese Vice President Han Zheng, as Chinese President Xi Jinping's special representative, ...

Xinhua Commentary: Collaboration is essential for global economic growth in Intelligent Age

© Provided by Xinhua The logo of the World Economic Forum (WEF) is pictured in Davos, Switzerland, Jan. 19, 2025. ...

24 Companies selected under PLI Scheme for White Goods with investment of Rs 3,516 cr

New Delhi [India], January 20 (ANI): The Production-Linked Incentive (PLI) Scheme for White Goods has received a significant boost with ...

RBI may revise liquidity management framework, introduce longer-term buy-sell swaps: SBI

Mumbai (Maharashtra) [India], January 20 (ANI): The Reserve Bank of India (RBI) is likely to announce significant changes to its ...

The state of the economy: What is Donald Trump inheriting

Voters prioritized the economy in the 2024 election, sending Donald Trump back to the White House. But what economic legacy ...

Rupee likely to rebound strongly once market stabilizes: SBI Report

New Delhi [India], January 20 (ANI): The Indian rupee is likely to see a strong recovery once current market uncertainties ...

Union Minister Piyush Goyal engages with Indian students and diaspora in Belgium and Luxembourg

New Delhi [India], January 20 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, recently embarked on an engaging visit ...

Indian stocks opened with gains before Trump oath, investors to monitor Trump swearing-in speech

Mumbai (Maharashtra) [India], January 20 (ANI): Indian stock markets opened higher on Monday as markets made a positive opening before ...

EdTech sector's contribution to India's GDP set to quadruple by 2029: Report

New Delhi [India], January 20 (ANI): The EdTech sector in India is witnessing unprecedented growth, with its contribution to the ...

Agriculture processing industry seeks modernisation incentives, tax breaks, export boosts in Budget

New Delhi [India], January 20 (ANI): As the Union Budget 2025-26 approaches, leaders from the agriculture processing and allied industries ...

Sepp Straka returns to winner's circle at The American Express

(Photo credit: JAY CALDERON / USA TODAY NETWORK via Imagn Images) Austria's Sepp Straka shot a final-round 2-under-par 70 and ...

Keke Palmer's One of Them Days, Mufasa race for No. 1

WASHINGTON - The Keke Palmer buddy comedy "One of Them Days" opened in first place on the North American box ...

Piyush Goyal holds high-level dialogue with European Commissioner for Trade and Economic Security

Brussels [Belgium], January 19 (ANI): Commerce and Industry Minister Piyush Goyal met with Maros Sefcovic, the European Commissioner for Trade ...

TikTok goes offline in US ahead of ban, company pins hopes on 'potential reinstatement' under Trump

Washington DC [US], January 19 (ANI): The Chinese short-form video service app TikTok went offline in the US on Saturday ...

PM Modi highlights exceptional contributions of Lakshwadeep citizens in 'Mann ki Baat'

Kochi (Kerala) [India], January 19 (ANI): In the January 2025 episode of 'Mann Ki Baat', Prime Minister Narendra Modi on ...

Zoom Africa: African youth, driving force for development of world's "youngest" continent

© Provided by Xinhua Train drivers Concilia, Wendy, Caroline (from L to R) follow the operating procedures with their Chinese ...

Trump planning early China trip WSJ

The incoming president wants to improve ties with Xi Jinping after threatening to slap harsh trade tariffs on Beijing, the ...

Money laundering fears hang over Thailand's online gambling plans

BANGKOK  - Thailand's plans to legalize online gambling are raising fears that criminal gangs will use the industry to move ...

Chinese manufacturers in Mexico brace for potential US tariffs under Trump

Monterrey [Mexico], January 19 (ANI): The growth of Chinese manufacturing near the US-Mexico border has boosted the local economy and ...

PM Modi urges youth to draw inspiration from Netaji Subhash Chandra Bose in Mann Ki Baat

New Delhi [India], January 19 (ANI): In the latest edition of 'Mann Ki Baat,' Prime Minister Narendra Modi honoured the ...

Experts urge global support for Ethiopia's green development efforts

© Provided by Xinhua This photo, taken on Feb. 18, 2024, shows the scenery of the Friendship Square in Addis ...

Indian markets to remain cautious next week amid global, domestic uncertainty: Experts

Mumbai (Maharashtra) [India], January 19 (ANI): The participants in the Indian domestic market are expected to maintain cautious tone next ...

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Car factories in Europe and North America at risk of closures

STAMFORD, Connecticut: The global automotive industry is poised for a shake-up in 2025, with several factories in Europe and North ...

Global unemployment to stay at 5% through 2025, ILO says

GENEVA, Switzerland: Global unemployment has remained steady at a record low of five percent in 2024, with the International Labour ...

$711 billion deficit posted by US in 3 months of fiscal 2025

WASHINGTON, D.C.: The U.S. Treasury Department reported this week that the federal budget deficit reached $711 billion for the first ...

Chinese want to buy shut German Volkswagen factories, reports say

FRANKFURT/BERLIN, Germany: Chinese automakers and officials are showing interest in acquiring German factories slated for closure, including those owned by ...

ispace's Resilience aims for moon landing after 2023 failure

ORLANDO, Florida/TOKYO: On January 15, two moon landers, one from Japan's ispace and another from the U.S. company Firefly Aerospace, ...

Vietnam and Russia to expand nuclear energy cooperation

HANOI, Vietnam: Vietnam and Russia have signed a new agreement to expand collaboration on nuclear energy during Russian Prime Minister ...

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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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