Wells Fargo hit with $3.7 billion fine for over-charging customers
Wells Fargo hit with $3.7 billion fine for over-charging customers
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To develop aluminum industry, Indonesia to end exports of bauxite
JAKARTA, Indonesia: Indonesian President Joko Widodo has confirmed that an export ban on bauxite will begin in June.The ban aims …
Amazon wins $700 million U.S. Naval contract to provide cloud services
SEATTLE, Washington: Amazon.com’s cloud computing division, Amazon Web Services, has been awarded a five-year enterprise software license contract worth $723.9 …
US expected to enlarge oil exports in 2023
WASHINGTON D.C.: In 2023, the US could become a net exporter of crude oil, amidst sanctions against Russia’s exports of …
In blow to transport, UK raising train fares by 5.9 percent
LONDON, England: The UK’s transport department said that train fares in England will rise by up to 5.9 percent in …
Housing starts slowest since 2009 in US due to high mortgage rates
WASHINGTON D.C.: As higher mortgage rates continue to stifle housing market activity, in November single-family homebuilding in the US dropped …
Santa-inspired mini-rally lifts U.S. stocks
NEW YORK, New York – U.S. stocks made a modest advance in a low-volume pre-Christmas trading session on Friday.The gains …
New government policies boost employment among Spanish youth
MADRID, Spain: As a result of its socialist-led government’s labor reforms, Spain has seen a 142 percent increase in young …
Taiwan looks into allegations TikTok acted illegally
TAIPEI, Taiwan: The Chinese-owned social media platform TikTok is being investigated by Taiwan’s government for illegally operating a subsidiary on …
Nasdaq tumbles more than two percent Thursday, U.S. dollar strengthens
NEW YORK, New York – U.S. stocks fell heavily on Thursday. Internationally, Turkey hiked the minimum wage by a whopping …
Cutting tariffs to keep rice prices low could continue in Philippines
MANILA, Philippines: The office of Philippine President Ferdinand Marcos Jr said that to help curb inflation, he approved the recommendation …
German union threatens walkout before Christmas at Amazon.com
FRANKFURT, Germany: Workers at Amazon warehouses in Germany this week were encouraged by union Verdi to support rolling strikes over …
Nasdaq surges 162 points in pre-Christmas rally
NEW YORK, New York – U.S. stocks surged on Wednesday despite U.S. treasury yields rising.”We got sort of oversold, and …
Germany opens liquefied gas terminal on North Sea
BERLIN, Germany: As part of Germany’s efforts to find alternative energy sources after Russia’s invasion of Ukraine, German Chancellor Olaf …
Aluminum imports reported to fall in China in November
BEIJING, China: Due to mounting domestic supplies and the low demand amidst the repercussions of COVID-10, in November Chinese aluminum …
Researchers reveal cell therapy may reduce kidney damage from type 2 diabetes
Galway [Ireland], December 25 (ANI): Researchers have reported positive results from a unique cell treatment experiment for adults with diabetes. …
UK workers face steep slide in real wages PwC
Britain’s real wages, which factor in inflation, are expected fall back almost to a two-decade lowThe average pay of a …
Leaving Russia cost Western IT-firms billions ministry
A number of tech majors have halted operations in the country due to sanctionsForeign information technology (IT) companies that have …
Pakistan faces severe energy crisis: ADB report
Islamabad [Pakistan], December 25 (ANI): Major issues with Pakistan’s energy sector were highlighted by the Asian Development Bank (ADB) in …
Microsoft employee mistakenly leaks new version of Notepad with tabs
Washington [US], December 25 (ANI): An employee of the American tech giant
