Tech stocks slide, industrials surge on Wall Street

Tech stocks slide, industrials surge on Wall Street

NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...

Canada-US trade talks resume after Carney rescinds tech tax

Canada-US trade talks resume after Carney rescinds tech tax

TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...

Lululemon accuses Costco of selling knockoff apparel

Lululemon accuses Costco of selling knockoff apparel

Vancouver, Canada: A high-stakes legal showdown is brewing in the world of athleisure. Lululemon, the Canadian brand known for its...

Shell rejects claim of early merger talks with BP

Shell rejects claim of early merger talks with BP

LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...

Wall Street extends rally, Standard and Poor's 500 hits new high

Wall Street extends rally, Standard and Poor's 500 hits new high

NEW YORK, New York - U.S. stock markets closed firmly in positive territory to start the week Monday, with the S&P 500 and Dow Jones...

Canadian tax on US tech giants dropped after Trump fury

Canadian tax on US tech giants dropped after Trump fury

WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...

Trump-backed crypto project gets $100 million boost from UAE fund

Trump-backed crypto project gets $100 million boost from UAE fund

LONDON, U.K.: A little-known investment fund based in the United Arab Emirates has emerged as the most prominent public backer of U.S....

DIY weight-loss drug trend surges amid high prices, low access

DIY weight-loss drug trend surges amid high prices, low access

SAN FRANCISCO, California: Across the U.S., a growing number of people are taking obesity treatment into their own hands — literally....

Apple allows outside payment links under EU pressure

Apple allows outside payment links under EU pressure

SAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...

Euro, pound surge as U.S. rate cut odds grow after Powell hint

Euro, pound surge as U.S. rate cut odds grow after Powell hint

NEW YORK CITY, New York: The U.S. dollar tumbled this week, hitting its lowest levels since 2021 against the euro, British pound, and...

Sam’s Club fulfillment center to shut in Texas, jobs impacted

Sam’s Club fulfillment center to shut in Texas, jobs impacted

NEW YORK CITY, New York: Walmart is set to close a major Sam's Club fulfillment center in Fort Worth, Texas, as part of a shift in...

Meta wins lawsuit in California court over AI use of authors’ books

Meta wins lawsuit in California court over AI use of authors’ books

SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...

From 2028, top earners in Oman will face 5% income tax

From 2028, top earners in Oman will face 5% income tax

DUBAI, U.A.E: Oman is set to introduce a personal income tax as part of its strategy to reduce dependency on hydrocarbon revenues....

U.S. stocks surge despite Trump rift with Canada

U.S. stocks surge despite Trump rift with Canada

NEW YORK, New York - U.S. President Donald Trump dropped a bombshell on Friday announcing he had terminated trade talks with Canada....

United Steelworkers Union chief slams Trump over IRA move

United Steelworkers Union chief  slams Trump over IRA move

Federal officials, then-Governor of Indiana Eric Holcomb, union leaders, company representatives, and dozens of guests assembled at...

Rent freeze fears hit NYC banks, landlords as Mamdani leads

Rent freeze fears hit NYC banks, landlords as Mamdani leads

NEW YORK CITY, New York: New York City's financial markets reacted sharply this week as shares of local banks and real estate investment...

India's push for zero tariff on labour-intensive exports is combination of economic strategy and domestic politics: GTRI

India's push for zero tariff on labour-intensive exports is combination of economic strategy and domestic politics: GTRI

New Delhi [India], July 2 (ANI): As negotiations for a long-anticipated Free Trade Agreement (FTA) between India and the United States...

Nifty, Sensex opened with gains on Trump's trade deal optimism, Q1 results in July to drive market further

Nifty, Sensex opened with gains on Trump's trade deal optimism, Q1 results in July to drive market further

New Delhi [India], July 2 (ANI): Indian stock markets opened on a positive note on Wednesday, supported by optimism surrounding a potential...

Indian Rupee likely to trade in 85.25-86.25/USD range; India-US trade deal to support currency: BoB Report

Indian Rupee likely to trade in 85.25-86.25/USD range; India-US trade deal to support currency: BoB Report

New Delhi [India], July 2 (ANI): The Indian rupee is expected to trade in the range of 85.25-86.25 against the US dollar in the near...

"We're going to have a deal": Trump on India-US trade talks, says "much less tariffs" will make both sides competitive

"We're going to have a deal": Trump on India-US trade talks, says "much less tariffs" will make both sides competitive

Washington DC [US] July 2 (ANI): US President Donald Trump on Tuesday (local time) reaffirmed that India-US will soon strike a trade...

Kennedy labels US Democrats war party

Kennedy labels US Democrats war party

The Health Secretary accused his former party of abandoning core values in blind opposition to President Trump US Health and Human...

RBI appoints Kesavan Ramachandran as new Executive Director

RBI appoints Kesavan Ramachandran as new Executive Director

New Delhi [India], July 2 (ANI): The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director of RBI with...

Bengaluru Stampede: CAT observes RCB "created nuisance" without prior permission, holds franchise "prima facie responsible for gathering"

Bengaluru Stampede: CAT observes RCB "created nuisance" without prior permission, holds franchise "prima facie responsible for gathering"

Bengaluru (Karnataka) [India], July 2 (ANI): A two-person bench of Central Administrative Tribunal (CAT) observed Royal Challengers...

PM Modi says cabinet decision to widen National Highway section in Tamil Nadu will boost tourism, economic growth

PM Modi says cabinet decision to widen National Highway section in Tamil Nadu will boost tourism, economic growth

New Delhi [India], July 1 (ANI): Prime Minister Narendra Modi on Tuesday lauded the decision of the Union cabinet to approve the construction...

Properly audited companies boost foreign investors confidence: Hardeep Singh Puri

Properly audited companies boost foreign investors confidence: Hardeep Singh Puri

New Delhi [India], July 1 (ANI): Union Minister Hardeep Singh Puri on Tuesday highlighted the importance of proper auditing of companies...

Economic Watch: U.S. ramps up trade pressure on multiple fronts as 90-day tariff deadline approaches

Economic Watch: U.S. ramps up trade pressure on multiple fronts as 90-day tariff deadline approaches

The United States is scrambling to wind up trade talks with a large number of trading partners as the self-imposed deadline of July...

Catastrophic budget increase will destroy NATO Lavrov

Catastrophic budget increase will destroy NATO  Lavrov

The blocs members have recently pledged to meet a defense spending target of 5% of GDP The results of NATO countries hiking military...

'Catastrophic' budget increase will destroy NATO - Lavrov

'Catastrophic' budget increase will destroy NATO - Lavrov

The bloc's members have recently pledged to meet a defense spending target of 5% of GDP ...

Italy could classify $13.5 billion bridge as NATO spending Poltico

Italy could classify $13.5 billion bridge as NATO spending  Poltico

The planned overpass to Sicily lies outside of the US-led blocs military mobility corridor in the country Italian authorities are...

Indian markets end flat amidst mixed sectoral performance

Indian markets end flat amidst mixed sectoral performance

Mumbai (Maharashtra) [India], July 01 (ANI): The Indian stock markets ended their day in green, marginally above yesterday's closing...

Cabinet approves Research and Development and Innovation scheme with corpus of Rs 1 lakh crore to boost strategic, sunrise domains

Cabinet approves Research and Development and Innovation scheme with corpus of Rs 1 lakh crore to boost strategic, sunrise domains

New Delhi [India], July 1 (ANI): In a significant step to bolster India's research and innovation ecosystem, the Union Cabinet on Tuesday...

Will the ECB Control Bulgarias Budget After Euro Adoption

Will the ECB Control Bulgarias Budget After Euro Adoption

A video posted on Facebook by Kostadin Kostadinov, leader of the Revival party, claims that once Bulgaria joins the eurozone on January...

Crisil revised India's FY26 GDP growth to 6.5% on good monsoon, rate cuts, and rural support

Crisil revised India's FY26 GDP growth to 6.5% on good monsoon, rate cuts, and rural support

New Delhi [India], July 1 (ANI): Rating agency Crisil has revised India's gross domestic product (GDP) growth to 6.5 per cent for the...

India's per capita debt of individual borrower rises significantly over last two years: RBI Report

India's per capita debt of individual borrower rises significantly over last two years: RBI Report

New Delhi [India], July 1 (ANI): The per capita debt of individual borrowers in India has witnessed a sharp increase over the past...

Georgia Risks EU Sanctions; Ukraine Hits Roadblocks In NATO, EU Bids

Georgia Risks EU Sanctions; Ukraine Hits Roadblocks In NATO, EU Bids

Welcome to Wider Europe, RFE/RL's newsletter focusing on the key issues concerning the European Union, NATO, and other institutions...

Namibia ships first export consignment under AfCFTA framework

Namibia ships first export consignment under AfCFTA framework

Namibia has officially launched its inaugural export consignment under the African Continental Free Trade Area (AfCFTA) framework....

Banks earnings will be reduced in Q1FY26 due to weak loan growth, lower margins and soft fee: Report

Banks earnings will be reduced in Q1FY26 due to weak loan growth, lower margins and soft fee: Report

New Delhi [India], July 1 (ANI): Banks are expected to report muted earnings for the first quarter of FY26 because of weak loan growth,...

U.S. companies leverage China's market, supply chain, innovation boom

U.S. companies leverage China's market, supply chain, innovation boom

TIANJIN, July 1 (Xinhua) -- As a barometer of global economic shifts and industrial transformation, the 2025 Summer Davos Forum held...

"Trend lines of India-US bilateral ties very positive": Jaishankar expresses hope for successful trade-deal

"Trend lines of India-US bilateral ties very positive": Jaishankar expresses hope for successful trade-deal

Washington, DC [US], July 1 (ANI): External Affairs Minister S Jaishankar has hailed the relationship between India and the US, particularly...

Sensex, Nifty open in green with marginal gains; to remain range bound till clarity on geo-political issues: Experts

Sensex, Nifty open in green with marginal gains; to remain range bound till clarity on geo-political issues: Experts

Mumbai (Maharashtra) [India], July 1 (ANI): Indian stock markets opened on a positive note on Tuesday, continuing their upward trend....

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Trump hints at DOGE investigation of Musk subsidies
Trump hints at DOGE investigation of Musk subsidies

WASHINGTON, DC - U.S. President Donald Trump on Tuesday claimed Elon Musk's success has been built on government subsidies. Without...


Native leaders, activists oppose detention site on Florida wetlands
Native leaders, activists oppose detention site on Florida wetlands

EVERGLADES, Florida: Over the weekend, a diverse coalition of environmental activists, Native American leaders, and residents gathered...


Beijing crowds cheer AI-powered robots over real soccer players
Beijing crowds cheer AI-powered robots over real soccer players

BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...


COVID-19 source still unknown, says WHO panel
COVID-19 source still unknown, says WHO panel

]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...


Fox faces $787 million lawsuit from Newsom over Trump phone call
Fox faces $787 million lawsuit from Newsom over Trump phone call

DOVER, Delaware: California Governor Gavin Newsom has taken legal aim at Fox News, accusing the network of deliberately distorting...


DeepSeek faces app store ban in Germany over data transfer fears
DeepSeek faces app store ban in Germany over data transfer fears

FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...


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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