Sun, 07 Mar 2021

Zoom revenues surge in 2020 to $882.5 million as people work from home

Zoom Video Communications' fourth-quarter results trumped forecasts of moderate growth following its meteoric rise in 2020, with revenues surging 369 ...

On strength of data, Indian PM Modi takes Bharat Biotech vaccination

BENGALORE, India: The Covid vaccine manufactured by Bharat Biotech has been found to be 81 percent effective, in an analysis ...

Wall Street rescues world from stocks sell-off

NEW YORK, New York - U.S. stocks rallied on Friday following the release of positive economic data.U.S. employers added 379,000 ...

Disney+ streaming service reports 98 million subscribers

Subscriptions to Walt Disney Company's Disney+ streaming service surpassed initial estimates, primarily owing to adults from households with no children ...

Bank of Ireland to reduce branch network by almost half

DUBLIN, Ireland - The Bank of Ireland plans to close some 100 branches, as customers increasingly perform banking transactions online.Bank ...

Stock markets in Asia reverse course, dollar continues recovery

SYDNEY, NSW, Australia - Another spike in bond yields, and oil prices sent shares in Asia sharply lower on Friday, ...

Nevada governor backs plan for private cities owned by high tech

CARSON CITY, Nevada: Nevada Governor Steve Sisolak has proposed allowing technology companies specializing in blockchain technology to develop "Innovation Zones" ...

Bringing in staff, Walmart prepares to open financial services

Walmart has hired two former Goldman Sachs bankers to help run its new and unnamed fintech venture.Walmart hired Omer Ismail, ...

Nasdaq sell-off sparks tumble on Wall Street

NEW YORK, New York - U.S. stocks fell sharply Thursday, spurred on by rising bond yields. "There is a fork ...

Noting volatility caused by social media, SEC suspends 15 companies

WASHINGTON D.C.: The U.S. securities regulator, the Securities and Exchange Commission (SEC), has suspended trading in the securities of 15 ...

Facebook fined for using facial recognition, violating privacy laws

A California federal judge has issued the final approval of a $650 million Facebook class action privacy settlement, handing down ...

Slight growth in Irish manufacturing buoys business sector

DUBLIN, Ireland: Ireland's manufacturing sector grew slightly for the second consecutive month in February, after a major decline at the ...

Japanese and Chinese markets targeted by sellers, stocks tumble

SYDNEY, NSW, Australia - Most of the major indices in Asia tumbled more than two percent on Thursday.The only bourse ...

Airbnb posts fourth quarter earnings of $859 million

SAN FRANCISCO, California: Airbnb hosts can see average earnings of up to $10,000 per year, Brian Chesky, CEO of Airbnb, ...

Sixers C Joel Embiid donating ASG earnings to homeless

Sixers center Joel Embiid is donating $100,000 in earnings from Sunday's All-Star Game to combat homelessness in Philadelphia. The four-time ...

White House says closely following Microsoft email breach

Washington [US], March 6 (ANI): The US government said it is closely following the breach of a Microsoft email application ...

Elon Musk loses $27 billion in days as Tesla shares tumble

Musk's topped Jeff Bezos last week as the world's richest person. However, he has lost $27 billion since Monday as ...

Recovery hopes push US stocks higher, oil hits records

US stocks ended sharply higher on Friday after a whipsaw session in which the belief the US economy was recovering ...

Women leaders forging partnerships

Bengaluru (Karnataka) [India], March 6 (ANI/NewsVoir): With International Women's Day just around the corner, the United Nations has set the ...

Stop Fussing and Whining Over COVID Response, Says Brazil President

Johns Hopkins Coronavirus Resource Center has recorded more than 116 million global coronavirus cases. The U.S. is on the verge ...

Solly Moeng | So, what do we pay taxes for?

A friend of mine, we shall call her Fatine, a single mother, shared her payslip with me the other day ...

China's Media Repression Extends to Hong Kong, Report Finds

TAIPEI - China is becoming an increasingly hostile environment for foreign media who are experiencing "tumultuous times" in the country, ...

Tech giants eye India's burgeoning digital retail payments

Kuala Lumpur [Malaysia], March 6 (ANI): The growing prowess of India in the field of economy, as well as technology, ...

Pagbabakuna kontra COVID-19 sinimulan na sa La Union

LUNGSOD NG SAN FERNANDO, Mar. 6 (PIA) -- Opisyal nang inilunsad ang pagbabakuna kontra COVID-19 sa dalawang referral hospitals sa ...

US, EU to suspend tariffs on alcohol, food and airplanes

Brussels [Belgium], March 6 (ANI): The United States and the European Union agreed to temporarily suspend tariffs levied on billions ...

US Job Creation Beats Expectations While Jobless Rate Still Above 6%

The U.S. economy created 379,000 jobs last month as the nation slowly reopens following coronavirus shutdowns.Economists had predicted job creation ...

US, EU agree to coordinate policies toward China, Russia

Washington [US], March 6 (ANI): US President Joe Biden and European Commission President Ursula von der Leyen on Friday in ...

FTA will be negotiated at aggregate level: Sweden Envoy

By Sahil PandeyNew Delhi [India], March 5 (ANI): Sweden Ambassador to India, Klas Molin on Friday said that Free Trade ...

'Borrowings more than budget's estimate due to COVID-19'

Amaravati (Andhra Pradesh) [India], March 5 (ANI): Andhra Pradesh Finance Minister Buggana Rajendranath Reddy on Friday, countering an accusation by ...

Asia markets track Wall St losses as rate hike fears grow

Asian markets fell further Friday after Federal Reserve boss Jerome Powell failed to soothe fears of a surge in inflation ...

US stocks rebound after jobs data

US stocks rebounded on Friday following encouraging jobs numbers, while oil prices jumped further.The US economy added a better-than-expected 379,000 ...

Zim reports massive growth in production in 2020, despite Covid-19

While many countries have experienced negative economic growth in 2020 owing to Covid-19, Zimbabwe has recorded a surprising spike in ...

China Focus: China's national legislature opens annual session

© Provided by Xinhua BEIJING, March 5 (Xinhua) -- China's national legislature opened its annual session Friday morning in Beijing.Xi ...

Free power to farmers will continue, says Punjab CM

Chandigarh (Punjab) [India], March 5 (ANI): Punjab Chief Minister Captain Amarinder Singh on Friday announced that free power to farmers ...

Fiscal deficit to undershoot, impact final G-sec auctions

New Delhi [India], March 5 (ANI): The yield for the 5.85 per cent government security (GS) 2030 has risen by ...

Oil soars to $65 with Saudi supply gamble buoying market bulls

A surprise decision on Thursday spurred a wave of crude price forecast upgrades by major banks and a surge in ...

Crisil revises outlook on Canara Bank's debt instruments

Bengaluru (Karnataka) [India], March 5 (ANI): Crisil has revised its outlook on long-term debt instruments of Canara Bank to stable ...

How the world ran out of semiconductors

There's a global shortage in semiconductors, and it's becoming increasingly serious. The US is currently reviewing of its supply of ...

Sensex cracks by 441 points, PSU banks and metal stocks dip

Mumbai (Maharashtra) [India], March 5 (ANI): Equity benchmark indices closed nearly 1 per cent lower after a choppy trading session ...

Benno Ndulu: Tanzania's central banker who left an indelible legacy

In a 1967 article, the late Professor Ali Mazrui spoke about "Tanzaphilia", explaining it as "a romantic spell which Tanzania ...

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U.S. politicians compromise in bid to pass $1.9 trillion relief bill

WASHINGTON D.C.: Compromising with moderates, President Joe Biden and Democrats agreed to tighten the requirements for those eligible to receive ...

375 Michigan students locked out of school due to Covid testing

ANN ARBOR, Michigan: Some 375 University of Michigan students have been banned from entering school buildings because they have not ...

Macron says Paris not locked down for weekend

PARIS, France: The French government will not require residents of the Paris region to be locked down this weekend. However, ...

School collapses in central Greece earthquake, students safe

LARISSA, Greece: Central Greece was struck by a magnitude 6.0 earthquake on Wednesday, which was also felt in nearby Albania ...

Big boost seen as Merck to produce vaccines with Johnson & Johnson

WASHINGTON D.C.: In a bid to create a much greater supply of Coronavirus vaccines, the White House has announced that ...

Citing low level of infections, Texas ends Covid restrictions

AUSTIN, Texas: Texas Governor Greg Abbott announced that beginning next week face masks will no longer be needed to be ...

Featured story

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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