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Asia shares at five-month highs as rate bets pile up

Asia shares at five-month highs as rate bets pile up

Thu, Dec 28, 2023

MSCI's broadest index of Asia-Pacific shares outside Japan has also gained 10 per cent in two months and added another 0.3 per cent on Thursday to its highest since August.

Toyota recalling 1.12 million vehicles over potential air bag issue

Toyota recalling 1.12 million vehicles over potential air bag issue

Thu, Dec 21, 2023

Toyota in July 2022 issued a recall for 3,500 RAV4 vehicles in the United states that because of potential interference between internal parts that could cause the OCS sensor to incorrectly detect the occupant.

Giant batteries drain economics of gas power plants

Giant batteries drain economics of gas power plants

Tue, Nov 21, 2023

Banks are focused on financing plants that have guaranteed revenues, three bankers involved in energy project finance said, asking not to be named because they were not authorised to speak to the press.

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The masked American faces a perfect storm: 3 trends to follow

The masked American faces a perfect storm: 3 trends to follow

Wed, Jun 10, 2020

Economists from the National Bureau of Economic Research announced this week that the US economy entered a recession in February, ending the longest economic expansion on record. After the crash of 2008, it took a full eight years for the unemployment rate to return to pre-downturn levels. People are hurting from the economic bloodbath. Even Floyd, whose death sparked the protests was out of work when he died.

Tear Gas, Pepper Spray to Flashbangs - What US police are shooting at protesters

Tear Gas, Pepper Spray to Flashbangs - What US police are shooting at protesters

Thu, Jun 04, 2020

Police across the United States are using a variety of weapons on protesters as demonstrations against the police killing of George Floyd intensify. Often described as “non-lethal,” these weapons include tear gas, pepper spray and rubber bullets.

We hope US' non-immigration visa review will consider benefits of H1-B visa: FS

We hope US' non-immigration visa review will consider benefits of H1-B visa: FS

Thu, Jun 04, 2020

"As you are aware, the government of India has closely consulted all stakeholders and engaged with the US government on this issue. Prime Minister (Narendra Modi) had taken this up, along with the issue of the totalisation agreement, during the visit of President (Donald) Trump to India in February 2020," Shringla said.

General Atomics appoints Indian-American Vivek Lall as CEO

General Atomics appoints Indian-American Vivek Lall as CEO

Mon, Jun 01, 2020

In his capacity as Chief Executive of Strategic Development at General Atomics from 2014 to 2018, Lall played key role in the decision of the Trump Administration to sell category 1 unmanned aerial vehicles (UAVs) to India, a non-NATO country.

US GDP growth: American economy contracts 5 pct in Q1

US GDP growth: American economy contracts 5 pct in Q1

Fri, May 29, 2020

The US Federal Reserve, however, said in its latest Beige Book released Wednesday that "contacts cited challenges in bringing employees back to work, including workers` health concerns, limited access to childcare, and generous unemployment insurance benefits".

US to deport 161 Indians this week; flight to land in Amritsar

US to deport 161 Indians this week; flight to land in Amritsar

Mon, May 18, 2020

According to Satnam Singh Chahal, executive director, North American Punjabi Association (NAPA), they are from among the 1,739 Indians languishing in 95 jails across the US. They were arrested by the Immigration and Customs Enforcement or ICE while trying to enter the United States illegally.

18 points! To hold China accountable for coronavirus outbreak, US senator unveils plan

18 points! To hold China accountable for coronavirus outbreak, US senator unveils plan

Fri, May 15, 2020

"The virus could have been contained had it not been for the Chinese Government's unscrupulous cover-up. China knew the risk months before the rest of the world; yet Chinese communist leaders destroyed key evidence, they under-reported the number of coronavirus cases, and they misled the world about its deadly, rapid spread," he said.

Economists warn of costly COVID-19 resurgence if US reopens hastily

Economists warn of costly COVID-19 resurgence if US reopens hastily

Tue, May 12, 2020

"In this less hopeful scenario, I project a similar growth path to the baseline for 2020, followed by a painful economic contraction of GDP (gross domestic product) in 2021 as shutdowns are reintroduced," he said at an event hosted by the Chicago Council on Global Affairs.

'US could fall into recession again in 2021 if economy reopens too quickly'

'US could fall into recession again in 2021 if economy reopens too quickly'

Fri, May 08, 2020

If the economy largely opens in June and there is no second wave of the virus in the fall, Harker expected a significant economic rebound in the second half of the year following a severe contraction in the second quarter, reports Xinhuaa news agency.

Know enough to be confident COVID-19 emerged out of China lab: US

Know enough to be confident COVID-19 emerged out of China lab: US

Thu, May 07, 2020

"Those are the kind of things that regimes like this do. It is why democracies flourish and authoritarian regimes treat their own people -- there were thousands of lives lost in China too -- treat their own people with such little regard for life," he said.

US Opening: Trump says 'much better days' ahead as 35 US states release formal reopening plans

US Opening: Trump says 'much better days' ahead as 35 US states release formal reopening plans

Thu, Apr 30, 2020

"We are seeing tremendous pent-up demand, and it's a beautiful thing to see, so it's wonderful to have America industry leaders, and that is what you are, true leaders to the White House," he told the industry leaders.

As COVID-19 cases in US hit 1 million, many Americans opt to stay on in India

As COVID-19 cases in US hit 1 million, many Americans opt to stay on in India

Wed, Apr 29, 2020

The number of recorded COVID-19 cases in the US reached 1 million on Tuesday, with 58,348 deaths, while India had only 31,368 officially recorded cases with 1,008 fatalities, according to the Johns Hopkins University tracker.

Relief! Immigration ban may not apply to US H1-B visas

Relief! Immigration ban may not apply to US H1-B visas

Wed, Apr 22, 2020

He said, "By pausing immigration we will help put unemployed Americans first in line for jobs as America re-opens -- so important. Would wrong and unjust for Americans laid off by the virus to be replaced by new immigrant about flown in from abroad."

Immigration crackdown: Donald Trump suspends issuing of new green cards for 60 days

Immigration crackdown: Donald Trump suspends issuing of new green cards for 60 days

Wed, Apr 22, 2020

Many have interpreted that those on non-immigrant work visas like the much sought-after H-1B, popular among Indian professionals, issued mainly to foreign technology professionals will not be impacted. The seasonal immigrant workers for agricultural purposes too will not be impacted.

Surprise! Immigration to US to be stopped, says Donald Trump suddenly

Surprise! Immigration to US to be stopped, says Donald Trump suddenly

Tue, Apr 21, 2020

The announcement made through, Twitter, his favourite vehicle for important decisions, was as terse as it was muddled leaving hanging when he would enact it, how long it would be in effect and how it will square with the immigration laws and quotas enacted by Congress.

Coronavirus has passed the peak in US: Trump

Coronavirus has passed the peak in US: Trump

Thu, Apr 16, 2020

The Trump administration had previously pencilled in May 1 as a possible date to reopen the nation, but the president said some states may be able to return to normalcy earlier than that.

Heroes! US corona survivors lining up to donate 'convalescent plasma' to save others

Heroes! US corona survivors lining up to donate 'convalescent plasma' to save others

Thu, Apr 16, 2020

Berrent, who tested positive for COVID-19 on March 18, is the founder of Survivor Corps, a rapidly expanding grassroots movement in America that pools together plasma donors under a single umbrella.

Insurers return part of auto premiums as coronavirus cuts driving in US

Insurers return part of auto premiums as coronavirus cuts driving in US

Wed, Apr 15, 2020

Allstate, one of the largest U.S. auto insurers, said on Monday it would return more than $600 million in premiums to customers. Most customers will receive a "payback" of 15% of their monthly premium in April and May, the company said.

Coronavirus cases in US soar over 600,000, deaths cross 25,000; death toll in UK tops 12,000

Coronavirus cases in US soar over 600,000, deaths cross 25,000; death toll in UK tops 12,000

Wed, Apr 15, 2020

The death toll from COVID-19 in New York City (NYC) increased by some 3,700 to exceed 10,000 after including those who presumably died of the disease but never got tested for the coronavirus, according to the US media reports.

New York City now has more COVID19 cases than China, UK

New York City now has more COVID19 cases than China, UK

Mon, Apr 13, 2020

New York City now has more coronavirus cases than China and the UK. According to estimates by Johns Hopkins University, there are 85,208 coronavirus cases in the UK, 83,135 in China and 71,686 in Iran.

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