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Saturday, December 2, 2023

World

Saudi Arabia wins bid to host World Expo 2030 – Foreign Ministry

Riyadh: Saudi Arabia has won the bid to host the World Expo 2030 in the kingdom's capital, Riyadh, with the event scheduled to take place from October 2030 to...

Over 1,000 Amazon workers in UK strike over pay on Black Friday – Reports

London: More than 1,000 of workers went on strike outside a major warehouse of US online retailer Amazon...

Middle East conflict has caused only limited impact on trade so far, says Crisil

New Delhi: The ongoing Israel-Hamas war has caused only limited disruption in India's trade so far but widening...

Prada says to help Axiom Space design spacesuits for Artemis III mission to Moon

Washington: Italian luxury fashion house Prada announced Wednesday that it concluded the first "groundbreaking partnership" with US company...

Additional 330 workers Ford laid off amid UAW union strike brings total to 930

Washington: The Ford Motor Company has laid off an additional 330 workers at the Chicago stamping plant and...
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Lanka IOC revenues, profits soar

Colombo: The revenues and the profits of Lanka Indian Oil Corp (LIOC) soared after authorities implemented a cost-reflective pricing formula for fuel and restored...

Japanese yen touches 32-year low

Tokyo: The Japanese yen touched a 32-year low against the US dollar after official figures showed that prices had risen faster that expected in...

STMicroelectronics to invest 730 mn euros in new plant in Sicily

Rome: Electronic semiconductor maker STMicroelectronics plans to invest 730 million euros (721 million US dollars) in a new chip production facility in Catania on...

SL to ease import restrictions

Colombo: The Sri Lankan government will ease the ban on import of some goods that was enforced due to the economic crisis, Finance State...

Wall Street firms fined $1.8bn

Washington: Some of Wall Street biggest companies have been fined a total of $1.8bn by US financial watchdogs after staff discussed deals and trades...

Chinese yuan hits record low against USD

Beijing: China's yuan has hit fresh record lows against the surging US dollar. The internationally-traded yuan fell to its lowest level since data first became...
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