US trade deficit widens 13.7% as imports hit record high

US trade deficit widens 13.7% as imports hit record high

WASHINGTON, D.C.: Record imports pushed the U.S. trade deficit to US$105.6 billion in August, the largest in 17 months, as strong domestic...

Nasdaq dives 376 points on Iran war twists and turns

Nasdaq dives 376 points on Iran war twists and turns

NEW YORK, New York - .U.S. stocks fell Thursday, with the Nasdaq Composite dropping more than 1 percent, as President Donald Trump's...

Paramount wraps up $110 billion Warner Bros Discovery deal

Paramount wraps up $110 billion Warner Bros Discovery deal

NEW YORK CITY, New York: Paramount Skydance completed its US$110 billion takeover of Warner Bros. Discovery on October 6, bringing...

Uber bets $2.3 billion on ezCater to boost delivery business

Uber bets $2.3 billion on ezCater to boost delivery business

SAN FRANCISCO, California: Uber Technologies will buy U.S. catering platform ezCater for $2.3 billion in cash, expanding its fastest-growing...

J.P. Morgan upgrades Brazil stocks after Bolsonaro's surprise lead

J.P. Morgan upgrades Brazil stocks after Bolsonaro's surprise lead

SAO PAULO, Brazil: Brazilian stocks surged more than eight percent on October 5 as investors cheered right-wing Senator Flavio Bolsonaro's...

Rising Treasury yields punish equity markets

Rising Treasury yields punish equity markets

NEW YORK, New York - U.S. and global stock markets shuddered on Wednesday as bond yields kept reaching new heights. The 10-year Treasury...

US Supreme Court weighs challenge to climate lawsuits against oil

US Supreme Court weighs challenge to climate lawsuits against oil

WASHINGTON, D.C.: The U.S. Supreme Court considered on October 5 whether ExxonMobil and Suncor Energy can block a Colorado climate...

Schneider Electric strikes $22.6 billion deal for PTC

Schneider Electric strikes $22.6 billion deal for PTC

PARIS, France: Schneider Electric is making its biggest acquisition ever, agreeing to pay around US$22.6 billion for U.S. software...

Renault to invest over 10 billion euros in French EV production

Renault to invest over 10 billion euros in French EV production

PARIS, France: Renault plans to invest more than 10 billion euros (US$11 billion) in its French operations over the next five years...

Vietnam GDP growth hits 9.95% as exports and investment surge

Vietnam GDP growth hits 9.95% as exports and investment surge

HANOI, Vietnam: Vietnam's economy expanded at its fastest quarterly pace since the COVID pandemic as booming exports and infrastructure...

US to lend Vistra $4.2 billion to expand nuclear output

US to lend Vistra $4.2 billion to expand nuclear output

WASHINGTON, D.C.: The US Government is preparing to lend Vistra Corp about US$4.2 billion to increase electricity generation from its...

Wall Street jubilant despite worsening trade deficit

Wall Street jubilant despite worsening trade deficit

NEW YORK, New York - U.S. stocks surged into record territory on Tuesday, despite the country registering its worst trade deficit since...

Tesla deliveries top forecasts as European sales recover

Tesla deliveries top forecasts as European sales recover

AUSTIN, Texas: Tesla delivered more vehicles than Wall Street expected in the third quarter, putting the electric-vehicle maker within...

US job growth slows sharply, dims chances of October Fed hike

US job growth slows sharply, dims chances of October Fed hike

WASHINGTON, D.C.: A sharp slowdown in U.S. hiring in September and hefty downward revisions to previous months pushed the prospect...

G7 to release diesel, oil reserves as fuel prices surge

G7 to release diesel, oil reserves as fuel prices surge

BRUSSELS, Belgium: The Group of Seven will release 100 million barrels of diesel and crude oil from emergency reserves over four months,...

China pauses October fuel exports as domestic stocks decline

China pauses October fuel exports as domestic stocks decline

SINGAPORE: Chinese refiners have halted oil product exports for October as Beijing focuses on rebuilding domestic fuel inventories,...

US targets aircraft-part exports for leverage in China talks

US targets aircraft-part exports for leverage in China talks

NEW YORK CITY, New York: The U.S. has slowed export licensing for aircraft parts bound for China and is considering measures that could...

Broadcom offers Anthropic up to $42 billion in financing

Broadcom offers Anthropic up to $42 billion in financing

NEW YORK CITY, New York: Broadcom has agreed to provide Anthropic with up to US$42 billion in financing for infrastructure spending,...

Global bond selloff drives borrowing costs to multi-decade highs

Global bond selloff drives borrowing costs to multi-decade highs

LONDON, UK: Borrowing costs across major economies climbed to levels not seen in decades last week as another wave of selling swept...

US inflation undershoots forecasts, lowering Fed hike odds

US inflation undershoots forecasts, lowering Fed hike odds

WASHINGTON, D.C.: U.S. consumer spending surged in August while inflation rose less than economists expected, a combination that could...

South Korea investment plan targets US energy projects

South Korea investment plan targets US energy projects

WASHINGTON, D.C.: South Korea plans to invest US$200 billion in U.S. projects spanning liquefied natural gas, nuclear power and electricity...

Lilly's EloraTZP tops Zepbound in mid-stage obesity trial

Lilly's EloraTZP tops Zepbound in mid-stage obesity trial

INDIANAPOLIS, Indiana: Eli Lilly's experimental combination obesity treatment helped patients with diabetes lose substantially more...

'Come back, let's build India': Zoho founder Sridhar Vembu reacts to US barring IT majors from Green Card program

'Come back, let's build India': Zoho founder Sridhar Vembu reacts to US barring IT majors from Green Card program

New Delhi [India], October 9 (ANI): Zoho Corporation Founder and Chief Scientist Sridhar Vembu has urged Indian technology professionals...

"No immediate impact, futuristic in nature": TV Mohandas Pai on US barring IT majors from Green Card program

"No immediate impact, futuristic in nature": TV Mohandas Pai on US barring IT majors from Green Card program

Bengaluru (Karnataka) [India], October 9 (ANI): Former Infosys Chief Financial Officer TV Mohandas Pai on Friday downplayed the US...

New Asia Forum Targets US$30 Billion in Investment into the New Asia at Its Inaugural Edition in Bali

New Asia Forum Targets US$30 Billion in Investment into the New Asia at Its Inaugural Edition in Bali

PRNewswire Jakarta [Indonesia], October 9: A new global platform for investment, capital formation and economic partnership will...

US Green Card suspension may trigger talent shifts across IT firms, says Harish Bijoor

US Green Card suspension may trigger talent shifts across IT firms, says Harish Bijoor

Bengaluru (Karnataka) [India], October 9 (ANI): The US government's suspension of major technology companies from the Green Card sponsorship...

Healthcare sector may offset 30% margin cap on cancer drug price through cost cuts, procedure price hikes: Jefferies

Healthcare sector may offset 30% margin cap on cancer drug price through cost cuts, procedure price hikes: Jefferies

New Delhi [India], October 9 (ANI): The healthcare sector may be able to limit the impact of the government's decision to cap trade...

Crude oil, uneven monsoon pose risk to banks despite benign asset quality: Report

Crude oil, uneven monsoon pose risk to banks despite benign asset quality: Report

New Delhi [India], October 9 (ANI): Higher crude oil prices, an uneven monsoon and drought conditions in five states could pose risks...

Oil, gas companies face mixed Q2, high gas costs to squeeze city gas distributors: Report

Oil, gas companies face mixed Q2, high gas costs to squeeze city gas distributors: Report

New Delhi [India], October 9 (ANI): India's oil and gas sector is expected to report a mixed performance in the July-September quarter,...

US visa curbs may shift higher-value tech work to India says former HCL Tech CEO Vineet Nayar

US visa curbs may shift higher-value tech work to India says former HCL Tech CEO Vineet Nayar

New Delhi [India], October 9 (ANI): US restrictions on Indian technology professionals could encourage American companies to shift...

"Appeasement of bullies never pays": Jairam Ramesh targets Centre after US bars several IT majors from Green Card program

"Appeasement of bullies never pays": Jairam Ramesh targets Centre after US bars several IT majors from Green Card program

New Delhi [India], October 9 (ANI): Congress RS MP Jairam Ramesh on Friday criticised the Centre over the US government's decision...

Nifty, Sensex open higher, IT stocks jump 2.73% despite US action against outsourcing firms

Nifty, Sensex open higher, IT stocks jump 2.73% despite US action against outsourcing firms

Mumbai (Maharashtra) [India], October 9 (ANI): Indian stock markets opened higher on Friday, with IT stocks witnessing strong buying...

As US suspends IT majors from Green Card program, Karnataka Minister Priyank Kharge warns of "far-reaching consequences"

As US suspends IT majors from Green Card program, Karnataka Minister Priyank Kharge warns of "far-reaching consequences"

New Delhi [India], October 9 (ANI): Karnataka Minister for IT, Priyank Kharge on Friday said the US government's suspension of the...

Pawan Khera targets PM Modi over US barring IT majors from green card program, says he is being "bullied" by Trump

Pawan Khera targets PM Modi over US barring IT majors from green card program, says he is being "bullied" by Trump

New Delhi [India], October 9 (ANI): Congress leader Pawan Khera on Thursday targeted Prime Minister Narendra Modi over US visa restrictions...

Interview: China's exemplary development practices prove SDGs are attainable, says U.S. expert

Interview: China's exemplary development practices prove SDGs are attainable, says U.S. expert

by Xinhua writer Liu Yanan NEW YORK, Oct. 8 (Xinhua) -- China's practices in economic growth and poverty elimination are exemplary...

TCS responds to US move to bar it from Green Card program, says workforce strategy in US anchored in hiring local talent

TCS responds to US move to bar it from Green Card program, says workforce strategy in US anchored in hiring local talent

Mumbai (Maharashtra) [India], October 9 (ANI): India's leading Tech major Tata Consultancy Services Limited (TCS) has responded to...

"You don't make America stronger by shutting door on talent": California Governor Newsom criticises Trump's immigration policy

"You don't make America stronger by shutting door on talent": California Governor Newsom criticises Trump's immigration policy

California [US],  October 9 (ANI): California Governor Gavin Newsom has criticised US President Donald Trump's immigration policies,...

"Never-ending flow of cheap labour": JD Vance reiterates US stand on barring Tech majors from green card program

"Never-ending flow of cheap labour": JD Vance reiterates US stand on barring Tech majors from green card program

Washington DC [US], October 9 (ANI): US Vice President JD Vance has continued to champion his government's move to suspend leading...

Nasscom says immigration and talent mobility not linked after US suspends tech majors from green card programme

Nasscom says immigration and talent mobility not linked after US suspends tech majors from green card programme

New Delhi [India], October 9 (ANI): Following the US government's temporary suspension of several major technology companies from filing...

Agartala to become clean, modern and city-friendly: Tripura CM Saha

Agartala to become clean, modern and city-friendly: Tripura CM Saha

Agartala (Tripura) [India], October 9 (ANI): Tripura Chief Minister Manik Saha said the Agartala Municipal Corporation area will be...

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US job growth slows sharply, dims chances of October Fed hike
US job growth slows sharply, dims chances of October Fed hike

WASHINGTON, D.C.: A sharp slowdown in U.S. hiring in September and hefty downward revisions to previous months pushed the prospect...


US inflation undershoots forecasts, lowering Fed hike odds
US inflation undershoots forecasts, lowering Fed hike odds

WASHINGTON, D.C.: U.S. consumer spending surged in August while inflation rose less than economists expected, a combination that could...


Padres ace Michael King has option decision to make
Padres ace Michael King has option decision to make

(Photo credit: David Frerker) After an impressive postseason, San Diego Padres right-hander Michael King faces a decision that could...


Bears RB D'Andre Swift limited, Kyle Monangai DNP again
Bears RB D'Andre Swift limited, Kyle Monangai DNP again

(Photo credit: Matt Marton) Chicago Bears running back D'Andre Swift was a limited participant in practice Thursday, one day after...


Falcons ride Michael Penix Jr., ground game into showdown vs. Ravens
Falcons ride Michael Penix Jr., ground game into showdown vs. Ravens

(Photo credit: Stephen Lew) Three weeks ago, fans and media members alike scoffed at the fact that the national audience would be...


MLB roundup: Rays, Dodgers, Brewers wrap up division series
MLB roundup: Rays, Dodgers, Brewers wrap up division series

(Photo credit: Wendell Cruz) Rookie Victor Mesa Jr. belted a tiebreaking two-run homer in the sixth inning and the Tampa Bay Rays...


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US job growth slows sharply, dims chances of October Fed hike

WASHINGTON, D.C.: A sharp slowdown in U.S. hiring in September and hefty downward revisions to previous months pushed the prospect of another Federal Reserve interest rate increase...

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