U.S. stocks rally for third day in row, Nasdaq Composite jumps 247 points
U.S. stocks rally for third day in row, Nasdaq Composite jumps 247 points
More Business News
Microsoft to lay off 1,000 staff this week
SEATTLE, Washington: Microsoft will layoff nearly 1,000 employees worldwide, the company told ABC News this week.The layoffs come amid persistent …
Saudi reaches outside country to attract supply chain investment
RIYADH, Saudi Arabia: Prince Mohammed bin Salman, crown prince of Saudi Arabia, has announced a program to attract investments in …
Stocks in Asia test investors, Nikkei 225 gains 275 points
SYDNEY, NSW, Australia – Stocks in Asia were flat to higher on Tuesday.In Tokyo, the Nikkei 225 rallied 275.38 points …
Egypt to develop new currency indicator to wean public off U.S. dollar
CAIRO, Egypt: Egypt should seek to wean the public from the idea that the Egyptian pound should be pegged to …
California baker need not sell same-sex wedding cake, says court
BAKERSFIELD, California: A California bakery has won a court case in which a judge ruled that the state could not …
U.S. stocks march higher Monday, industrials do best
NEW YORK, New York – U.S. stocks rallied on Friuday despiter a double-digit fall in U.S.-listed Chinese stocks, and a …
United Airlines announces strongest earnings since before Covid
CHICAGO, Illinois: Chicago-based United Airlines has posted its strongest quarterly earnings in three years. According to Refinitiv data, the carrier …
France withdraws from treaty protecting energy investments
BRUSSELS, Belgium: France is the latest country to opt out of the the Energy Charter Treaty which protected investments in …
Stock markets deeply divided in Asia, Hong Kong’s Hang Seng dives
SYDNEY, NSW, Australia – Asia was deeply divided on Monday in relation to the various stock markets across the region.In …
Concerned TikTok asked Ireland about energy supplies for its facilities
DUBLIN, Ireland: Chinese-owned social media company TikTok, seeking to develop a data center in Ireland, twice wrote to the Irish …
For third time, Amazon workers vote down bid to unionize
ALBANY, New York: In another defeat to the fledgling Amazon Labor Union that had aimed to intensify its cross-country campaign, …
Imports into US of containers falls, measure of slow economy
WASHINGTON D.C.: The volume of container imports handled by U.S. ports has dropped sharply after more than two years of …
To counter Russia, France, Spain, Portugal to build pipeline
BRUSSELS, Belgium: Substituting plans to extend the so-called MidCat pipeline across the Pyrenees, earlier opposed by France, Spain and Portugal …
US existing home sales, jobless claims both fall in September
WASHINGTON D.C.: In September, existing U.S. home sales dropped for an eighth consecutive month and will likely fall further, as …
BMW to invest $1 billion in US EV production
MUNICH, Germany: In the latest announcement from a major automaker about manufacturing electric vehicles in the U.S., BMW AG said …
Major U.S stock indices rally, Nasdaq climbs 245 points
NEW YORK, New York – U.S. stocks rose sharply Friday as investors bet the Federal Reserve will be less aggressive …
Last year’s inventory to be found on U.S. retail shelves leading up to Christmas
WASHINGTON D.C.: According to U.S. Census data, in July major American retailers, including Costco, Kohl’s and Express Inc., were sitting …
BlackRock tells UK it will not stop purchases of oil, gas, coal
NEW YORK CITY, New York: BlackRock, the world’s largest asset manager, has told the UK Environmental Audit Committee that its …
Stocks in Asia in defensive mode, British pound slides
SYDNEY, NSW, Australia – Stocks in Asia were on a downward slope Friday, with little incentive for investors to weigh …
US, Japan to partner in development of new aircraft
WASHINGTON, D.C.: To support future aircraft development and operations, the U.S. Federal Aviation Administration (FAA) and the Japan Civil Aviation …
Musk’s takeover of Twitter to result in thousands of job losses
WASHINGTON, DC – Tesla CEO Elon Musk reportedly plans to lay off most of Twitter’s workforce once his USD 44 …
Four scenarios for a world in disorder
