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World / Business Standard

Consignment of 25 tonnes of medical supplies from India reaches Sri Lanka

Last week, India had sent urgent relief supplies comprising 9,000 metric tonnes (MT) of rice, 200 MT milk powder and 24 MT life-saving medicines with a combined value of Rs 45 crore to Sri Lanka.

27 May 2022 9:09 pm
No deal with Pakistan govt; ending march to avoid bloodshed: Imran Khan

Pakistan's ousted Imran Khan on Friday dismissed reports that he struck a deal to end his massive Azadi rally demanding fresh general elections, asserting that he had decided to end his march

27 May 2022 8:16 pm
Taiwan revises down 2022 GDP growth forecast hit by Covid, inflation

Gross domestic product (GDP) is expected to rise 3.91% this year, the Directorate General of Budget, Accounting and Statistics said, down from 4.42% growth forecast in February.

27 May 2022 3:16 pm
Euro-Russia Mars mission was suspended due to Ukraine: What to expect next?

The Rosalind Franklin rover is unique among all the rovers planned for Mars as it can drill deeper than any before it - up to 2 metres below the harsh surface

27 May 2022 2:11 pm
Former Pak PM Imran Khan, other PTI leaders booked for riots in Islamabad

The Islamabad Police registered a case against senior PTI leaders, including Chairman Imran Khan, for the riots that took place in the capital during the 'Azadi March'

27 May 2022 2:08 pm
Need ample assurances on Sri Lanka's debt sustainability restoration: IMF

As Sri Lanka's public debt is assessed as unsustainable, the IMF said it requires sufficient assurance from the nation that it will restore debt sustainability during the debt restructuring process

27 May 2022 2:01 pm
Monkeypox in more than 20 nations, about 200 confirmed cases: WHO

The monkeypox virus has spread to more than 20 countries, with about 200 confirmed cases and over 100 suspected cases in nations where it is typically not found, the WHO said

27 May 2022 2:01 pm
BTS to meet US Prez Biden to discuss diversity, anti-Asian hate crimes

'As we are visiting as artists representing South Korea, we look forward to discussing various topics including inclusion, diversity, anti-Asian hate crimes, culture and art'

27 May 2022 1:23 pm
Hong Kong's incoming leader John Lee to meet Xi Jinping in Beijing

A government statement confirmed that Lee will go to Beijing with his private secretary and press secretary, as well as his wife

27 May 2022 1:21 pm
Pakistan govt caves in to IMF, petrol prices increase by one fourth

The Pakistan government increased the rate of petroleum products by 30 PKR per litre, or up to one-fourth of their existing prices, paving the way for reaching a staff-level agreement with IMF

27 May 2022 1:21 pm
Translate fed websites in Hindi, Gujarati, Punjabi, says US Prez Commission

A US Presidential Commission has recommended the translation of key government websites in languages spoken by Asian-Americans and Pacific Islanders, including Hindi, Gujarati and Punjabi

27 May 2022 11:08 am
Countries attempting to isolate Russia only hurting themselves: Putin

Vladimir Putin said that the countries, which are attempting to isolate Russia, are primarily only harming their economies

27 May 2022 10:04 am
UK announces 25% levy on energy firms to ease cost-of-living crisis

The UK announced that it will impose a 25 per cent levy on the profits of oil and gas companies, to ease the financial burden on millions of households amid raging inflation

27 May 2022 10:03 am
Japan reiterates plan to cut reliance on coal at G7 ministerial summit

A draft communique showed the group would consider committing to a phase-out of coal by 2030

27 May 2022 9:33 am
German FM discusses heavy weapon supplies with Ukraine counterpart Kuleba

We need more heavy weapons delivered as soon as possible, especially MLRS (Multiple Launch Rocket Systems), to repel Russian attacks, tweeted Ukrainian Foreign Minister Dmytro Kuleba

27 May 2022 9:05 am
Oil prices linger near two-month high amid global supply concerns

Oil prices hovered around a two-month high supported by the prospect of an EU ban on Russian oil and the coming summer driving season in the US

27 May 2022 8:58 am
Your dictation won't work: Shehbaz Sharif on Imran's demand for early polls

While addressing his supporters on Thursday morning, Imran said that he had decided that he would sit at the D-Chowk until the government dissolved assemblies and announced elections

27 May 2022 8:56 am
Amazon opens first physical clothing store in Los Angeles: Report

Called Amazon Style, the shop is located in Glendale, California, near Los Angeles

27 May 2022 1:21 am
Russian central bank slashes key rate to 11%, sees room to cut further

It announced the move at an extraordinary meeting after cutting the key rate to 14 per cent in April

27 May 2022 1:08 am
India is supporting crisis-hit Sri Lanka in all possible ways: PM Modi

As a close friend and neighbour, India is providing support to Sri Lanka which is reeling under a serious economic crisis, Prime Minister Narendra Modi said here on Thursday.

26 May 2022 11:12 pm
Ex-Tesla Autopilot chief CJ Moore leaves Apple electric car project

CJ previously served as a director of development of Tesla's autopilot software with seven years at the company, and most recently as a director of autonomous systems at Apple.

26 May 2022 5:28 pm
WEF 2022: EU CEOs step up action plan on energy and food security

CEO Action Group renewed its commitment to a 55 per cent emissions reduction target by 2030

26 May 2022 5:12 pm
Chipmaker Broadcom to buy cloud services firm VMware in $61-bn deal

VMware shareholders will get $142.50 per share under the purchase, resulting in a premium of nearly 49% to the stock's close on May 22, when talks of the deal were first reported

26 May 2022 5:08 pm
WEF 2022: The reasons to worry just keep piling up for Davos executives

World economic forum (WEF) 2022: The risk of a global recession -- a repeated topic at meetings -- was just one reason for wanting a ceasefire as the Russia-Ukraine war enters its fourth month

26 May 2022 3:12 pm
iPhone 14 Pro may feature 'Always On Display' to better screen refresh rate

The iPhone 14 and Pro models will come with 6.1-inch screens, while the Max and Pro Max models will be equipped with 6.7 in-inch screens

26 May 2022 1:08 pm
Imran Khan's protest: Pak Army called in to protect Islamabad's Red Zone

As PTI Chairman Imran Khan's caravan is on its way to famous D-Chowk after entering Islamabad on Thursday, the federal government has called in the Army for the security of the capital's Red Zone

26 May 2022 12:10 pm
Former Sri Lankan PM Rajapaksa questioned by CID over May 9 violence

The Sri Lankan police have questioned former prime minister Mahinda Rajapaksa and recorded a 3-hour-long statement over the violent clashes between his supporters and anti-government protesters

26 May 2022 12:09 pm
Global LNG markets brace for uncertainty over Russian gas supplies

Western sanctions on Russia due to the Ukraine invasion have sparked fears of disruption of Russian gas supply to Europe, sending global gas prices to all-time highs

26 May 2022 12:08 pm
Taliban sign deal with UAE's GAAC corporation to run Afghan airports

Speaking at the contract signing event, Mullah Baradar stated that the country's security is strong and that the Islamic Emirate is willing to work with foreign investors

26 May 2022 10:17 am
Biden signs order to improve policing on George Floyd's death anniversary

With lawmakers unable to reach agreement on how to reform police policies or on efforts to reduce mass shootings, the president has limited avenues for advancing his campaign promises

26 May 2022 10:16 am
US to vote on new UN sanctions against N Korea for recent missile launches

Whether China and Russia will use their veto power to block the measure or abstain remains to be seen

26 May 2022 10:12 am
Russia poised to cut interest rates to stem ruble rally that's gone too far

An unscheduled policy meeting for Thursday has spurred expectations for a big reduction, and the possibility that capital restrictions may be loosened further

26 May 2022 9:07 am
Twitter shareholders meet amid Elon Musk's $44 billion takeover drama

Experts say Musk can't unilaterally place the deal on hold, although that hasn't stopped him from acting as though he can

26 May 2022 9:05 am
US files formal trade complaint against Canada over dairy restrictions

US is challenging Canada's dairy tariff-rate quota allocation measures, which deny allocation access to eligible applicants, including retailers, foodservice operators, and other type of importers

26 May 2022 8:12 am
China announces military drills near Taiwan after Biden's remarks

China continues to regard Taiwan as its province even after decades of separate governance; Chinese President Xi Jinping even threatened to take the island, if needed

26 May 2022 8:08 am
US to spend $33 million to clean oil and gas wells on federal land

Infrastructure plan recently signed into law by President Joe Biden will go toward cleaning up 277 of an estimated 15,000 abandoned oil and gas wells on federal land

26 May 2022 8:04 am
Russian FM Zakharova hints at strengthening defence amid Japan hostility

Zakharova criticised Tokyo for clinging to these already traditional training events, distorting their goals and content, and wrongly linking them with Russia's special military operation in Ukraine

26 May 2022 7:05 am
Biden to nominate Indian-American Gautam Rana as Slovakian ambassador

Earlier, Rana served as the Deputy Chief of Mission and Charg d'Affaires ad interim at the US Embassy in Ljubljana, Slovenia

26 May 2022 7:00 am
No petrol in Lahore, no cash in ATMs, claims former Pakistan cricketer

Imran Khan leads party to sit-in in Islamabad demanding fresh elections

26 May 2022 3:16 am
US Treasury pushes Russia towards default. What lies next?: An explainer

Russia has around $40 billion of international bonds outstanding, with just under $2 billion in external debt servicing left until year-end

25 May 2022 11:12 pm
Google takes yet another crack at e-commerce with renewed strategy

Raghavan is the first Google executive to oversee the technical operations behind both search and the ads division since Sundar Pichai did in 2014, shortly before he became CEO

25 May 2022 10:15 pm
Wall Street rises on growth stocks ahead of Fed minutes; Nasdaq up 0.8%

Nordstrom climbs after raising profit outlook; and Tesla Inc underpinned the gains on the Nasdaq with advances of 1% and 2.1%, respectively

25 May 2022 10:09 pm
Davos: Zelenskyy says Ukraine won't give up land to end war with Russia

Ukrainian President Volodymyr Zelenskyy on Wednesday said his country will not give up its land to end Russia's war.

25 May 2022 5:25 pm
Glencore pays up to $1.5 bn in penalties to resolve corruption claims

Commodities firm Glencore says it has reached deals with authorities in the US, Britain and Brazil to resolve corruption allegations in return for penalties totalling up to $1.5 billion

25 May 2022 2:17 pm
Chinese leader Xi defends record to UN human rights chief Bachelet

Bachelet is in the middle of a six-day visit to China that includes stops in Xinjiang where the Chinese government has been accused of human rights violations and genocide against the Uyghurs

25 May 2022 2:17 pm
An epidemic we can control: McConaughey on school carnage in his hometown

The 18-year-old gunman, armed with assault rifles and wearing body armour, opened fire at Robb Elementary School in Uvalde

25 May 2022 1:27 pm
China's PLA says conducted military exercise around Taiwan to warn US

China's military said on Wednesday it recently conducted an exercise around Taiwan as a solemn warning against its collusion with the United States

25 May 2022 1:08 pm
German economy dodges recession in Q1 despite Ukraine war, pandemic

The German economy grew in the first quarter, in line with expectations, despite difficult economic conditions caused by the war in Ukraine and the pandemic

25 May 2022 1:03 pm
Sri Lanka PM appointed as finance minister, to lead debt talks with IMF

He has held talks with foreign envoys, including from India, China and the US, and discussed with representatives from ADB and World Bank ways to replenish food, fertilizer and medicine supplies

25 May 2022 12:56 pm
Imran Khan's Azadi March: PTI members arrested, Islamabad sealed

Ahead of ex-Pakistan PM Imran Khan's Azadi March scheduled today, police arrested key members of Pakistan Tehreek-e-Insaf and cut off the capital Islamabad

25 May 2022 11:17 am