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Business

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Horror day on Wall Street, Nasdaq loses 4 percent
U.S. stock markets shatter, Dow Jones drops 890 points

NEW YORK, New York - U.S. stocks plunged on Monday, joining a global rout which followed U.S. President Donald Trump not ruling out...

U.S. dollar weighed down by tariffs, stock market woes
U.S. dollar has weak start to new week

NEW YORK CITY, New York - The global foreign exchange market experienced notable shifts on Monday, influenced by escalating trade tensions...

US: Refilling oil reserve fully will cost $20 billion, take years
US estimates it will take $20 billion and years to refill oil reserve

WASHINGTON, D.C.: The U.S. Energy Department estimates it will take US$20 billion and several years to refill the Strategic Petroleum...

BP CEO’s pay drops to 5.4 million pounds in 2024
BP says CEO's pay package fell to 5.4 million pounds in 2024

LONDON, U.K.: British Petroleum CEO Murray Auchincloss saw his pay package drop to 5.4 million pounds (US$6.95 million) in 2024, down...

DHL to cut 8,000 German jobs in largest layoff in 20 years
German delivery giant DHL cuts 8,000 jobs, largest in decades

BONN, Germany: DHL plans to cut 8,000 jobs in Germany this year, marking its most significant domestic workforce reduction in at least...

China targets 5 percent growth for 2025 amid economic uncertainty
China keeps its economic growth target at 'around 5 percent' for 2025

BEIJING, China: China has set an economic growth target of around five percent for 2025, signaling efforts to stabilize the economy...

World

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UK seeks to undermine Trumps Ukraine peace efforts Russian intel
UK seeks to undermine Trumps Ukraine peace efforts  Russian intel

US-Russia talks are viewed as a threat to Londons strategy of containing Moscow, according to a statement The UK is seeking to undermine...

Trump revokes security clearances of Blinken, Sullivan, other Biden era officials
Trump revokes security clearances of Blinken, Sullivan, other Biden era officials

Washington, DC [US], March 11 (ANI): The Donald Trump administration has revoked the security clearances of senior Biden administration...

Russia and US in touch over Syrian crisis - Moscow
Russia and US in touch over Syrian crisis - Moscow

The country has experienced an uptick in violence and mass murder of ethnoreligious minorities Russia and the US are maintaining...

X under massive cyberattack Musk
X under massive cyberattack  Musk

Downdetector has said it received outage reports from more than 60,000 users during the course of Monday Tech tycoon and billionaire...

Displaced Syrians find refuge at Russian base
Displaced Syrians find refuge at Russian base

Over 1,300 civilians have reportedly been killed amid a resurgence of fighting in the war-torn nation Hundreds of civilians have...

US intel sharing with Ukraine 'has never been shut off' - senior official
US intel sharing with Ukraine 'has never been shut off' - senior official

Washington previously said it had suspended cooperation following a dispute between Donald Trump and Vladimir Zelensky last month ...