business

By Arsh Tushar Mogre BENGALURU – India’s rupee will trade near its historic low in the coming three months, despite a recent recovery, based on a widening trade deficit and …

(Reuters) – Walmart Inc is cutting hundreds of corporate roles in a restructuring effort, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Around 200 jobs …

By Hari Kishan BENGALURU – The dollar’s strength has yet to peak, according to a majority of currency strategists polled by Reuters who were however divided on when the currency’s …

DUBLIN – Growth in Ireland’s services sector accelerated for the first time in four months in July, a survey showed on Thursday, bucking the deteriorating trend seen across the euro …

(Reuters) – Minneapolis Federal Reserve President Neel Kashkari said on Wednesday the possibility that the U.S. central bank will pivot to cutting interest rates next year is extremely unlikely. “Some …

DUBAI – The ball is in Washington’s court to save Iran’s 2015 nuclear deal with world powers, Iranian top nuclear negotiator Ali Bagheri Kani tweeted ahead of his trip to …

NEW YORK – Emerging markets posted a fifth straight month of portfolio outflows in July, setting the longest such streak in records going back to 2005, as global recession risk, …

PHNOM PENH – Myanmar’s ruling military has been uncooperative and has frustrated everyone in the Association of Southeast Asian Nations (ASEAN) with its lack of progress in implementing a peace …

LONDON – Business activity in the euro zone contracted slightly in July for the first time since early last year as consumers reined in spending amid a cost-of-living crisis, according …

ROME – Italy’s services sector contracted in July for the first time since January as new business fell and inflationary pressures rose, a survey showed on Wednesday. S&P Global’s Purchasing …

(Reuters) – Bangladesh is seeking $2 billion from the World Bank and the Asian Development Bank (ADB) amid efforts to bolster its foreign exchange reserves, Bloomberg News reported on Wednesday. …

MUMBAI – India’s trade deficit is likely to remain above $20 billion for an extended period, posing the risk of a wider current account deficit, Barclays said. “While we still …

CAIRO – Egypt’s non-oil private sector activity shrank again in July, but at a slower pace than June’s two-year low, as demand remains weakened by inflation and shortages continue to …

By Cynthia Kim SEOUL – South Korea’s residential property prices are likely to drop by up to 2.8% in two years with a full percentage point hike in policy interest …

TOKYO – Japan’s services sector activity almost completely stagnated in July as rising inflation and growing economic uncertainty weighed on sentiment, while firms also said a boost from the lifting …

BEIJING – China’s services activity grew at the fastest rate in 15 months in July as easing COVID curbs boosted consumer confidence, but foreign demand fell and companies cut staff …

KANSAS CITY, Mo. – The owner of a Peculiar, Mo., business pleaded guilty in federal court today to tax evasion. Jason Rigoli, 42, waived his right to a grand jury …

          LOS ANGELES – A Corona man pleaded guilty today to federal criminal charges in connection with a scheme to submit false loan applications that brought him more than $6.6 …

By David Shepardson WASHINGTON – Michigan Governor Gretchen Whitmer said the state is well positioned to attract new investment in semiconductor chips manufacturing after Congress passed $52 billion in new …

Biden Is Pushing For EV Charging Stations — But States Say His Plan Makes Absolutely No Sense Jack McEvoy on August 2, 2022 State officials are having a hard time …

PHILADELPHIA, PA – The Philadelphia Police Department has issued an alert for a missing person last seen Monday night. The Philadelphia Police Department is requesting the public’s assistance in locating …

PHILADELPHIA, PA – The Philadelphia Police Department is requesting the public’s assistance in locating missing person Jean Francois Gervais. Mr. Gervais was last seen on the 42xx block of Germantown …

(Reuters) – Citigroup Inc is planning to hire 500 employees over the next three years for a new wealth division, Bloomberg News reported on Tuesday, citing an interview with the …

WASHINGTON – The United States has no DNA confirmation of the death of al Qaeda leader Ayman al-Zawahiri in the heart of Kabul, a White House spokesman on Tuesday, but …

BERLIN – The number of border crossings from Ukraine has surpassed 10 million for the first time since Russia invaded the country, the UN Refugee Agency reported on Tuesday. A …