Trends - United States - Business Recorder

Markets

Gold edges lower as firmer bond yields, recovery hopes weigh

Asian stocks traded cautiously, taking a lead from the US markets, as investors waited for cues from the upcoming corporate earnings season and a key inflation report later this week.

Published 13 Apr, 2021 11:04am

World

US ‘not involved’: W House

WASHINGTON: The White House said Monday that the United States had nothing to do with what Iran says was a sabotage...

Updated 13 Apr, 2021 09:32am

World

Rovi to make active agents for Moderna COVID-19 vaccine

Rovi will start manufacturing of the active agents at its plant in Granada, having previously only packaged vaccines that had been produced in Switzerland, it said in a statement.

Published 12 Apr, 2021 02:15pm

Business & Finance

Germany's BDI industry body hikes forecast for 2021 export growth

At the same time, it cut its forecast for Germany economic growth to 3% from 3.5% due to ongoing lockdown measures in Europe's biggest economy.

Published 12 Apr, 2021 02:11pm

World

India reports record 152,879 new COVID-19 infections

The number of new fatalities stood at 839, the most deaths in more than five months, taking the toll to 169,275.

Updated 11 Apr, 2021 05:51pm

World

Biden Administration's withdrawal plan complicated by targeted Taliban attacks on covert U.S base in Afghanistan

In one of the most significant recent attacks against American forces in Afghanistan, sources have revealed that the Taliban targeted one of the most heavily guarded bases in the country late last month.
Top US officials have convened at an unusually high rate over the past month to discuss what to do in Afghanistan but have been unable to reach a consensus.

Updated 09 Apr, 2021 06:28pm

Business & Finance

US adds Chinese supercomputer centers to export blacklist

Tensions have soared between the world's two largest economies over the past several years on issues including US allegations that China is rampantly stealing its intellectual property.

Updated 09 Apr, 2021 02:51pm

World

Gunman kills 1, injures 6 in shooting at Texas cabinet business

Eight people were slain at Atlanta-area spas, 10 people at a supermarket in Boulder, Colorado, and four people, including a 9-year-old boy at a real estate office in Orange, California.

Published 09 Apr, 2021 11:54am

World

U.S is prepared to lift sanctions from Iran, according to State Department

On Wednesday, diplomats from major powers met separately with leaders from Iran and the United States, to discuss how to bring both countries back into the fold of the nuclear deal, which was abandoned three years ago.
The United States is prepared to remove sanctions on Iran to resume compliance with the Iran nuclear deal, including those that are inconsistent with the 2015 pact.

Updated 08 Apr, 2021 11:43am

World

US warns China over moves on Philippines, Taiwan

He was using language from the Taiwan Relations Act, under which the United States is obliged to provide the island with the means to defend itself against Beijing.

Updated 08 Apr, 2021 05:03pm

Markets

Oil prices rise on stronger economic outlook, US stockpile draw

Oil prices dropped earlier this week after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, agreed to gradually ease oil output cuts from May.

Published 07 Apr, 2021 01:01pm

Business & Finance

IMF sees stronger global growth as some COVID clouds begin to clear

IMF Chief Economist Gita Gopinath said the improvement was largely due to increased fiscal support, including a new $1.9 trillion U.S. aid package, accelerated vaccinations and continued adaptation of economic activity to overcome pandemic restrictions.

Published 07 Apr, 2021 10:52am

Markets

Asian markets mostly up as vaccine, data add to recovery hopes

A flood of buy offers that outweighed sell orders meant the stock could not be traded in early business.

Published 07 Apr, 2021 10:28am

World

Facebook hack: Stolen data of 533 million users leaked online

The leaked data include records of 32 million users in the United States, 11 million users in the United Kingdom, and six million users in India
Facebook official says this is old data that was previously reported on in 2019

Updated 05 Apr, 2021 11:36am

World

US puts J&J in charge of plant that botched COVID vaccine, removes AstraZeneca

The top US infectious disease doctor told Reuters on Thursday the country may not need AstraZeneca's vaccine even if it wins approval.

Updated 04 Apr, 2021 05:49pm

World

Global reaction to Jordan security developments

Here are responses from different countries and groups.

Published 04 Apr, 2021 11:22am

World

PM Khan 'puzzled' at the cacophony over Pakistan's exclusion from Biden's climate conference

On Saturday, Prime Minister Imran Khan stated that he was puzzled that Pakistan was not invited to the Leaders Summit on Climate in the United States.
The premier mentioned that his government's "environment policies are driven solely” by its commitment to mitigate the impact of climate change for future generations.

Updated 03 Apr, 2021 04:40pm

World

U.S. envoy Kerry heads to India to try and lift 'climate ambition'

Prime Minister Narendra Modi’s government is facing calls from the United States and Britain to commit India to a net zero emissions target by 2050
Kerry will also visit the United Arab Emirates and Bangladesh, which experts say is especially vulnerable to climate change

Published 01 Apr, 2021 01:55pm

Markets

US dollar crowns best quarter since June 2018 with one-year high vs yen

The yield on the benchmark 10-year Treasury note jumped to a one-year high of 1.776% on Tuesday.

Published 01 Apr, 2021 10:32am

World

US seeks Taliban's consent to extend stay of troops in Afghanistan

Under the US-Taliban peace pact, US forces must leave the country by May 1
The Taliban has not taken any decision over the US administration's request

Updated 31 Mar, 2021 03:32pm

World

White House unveils $2 trillion infrastructure and climate plan

President Joe Biden on Wednesday will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly $2 trillion package to invest in traditional projects like roads and bridges alongside tackling climate change and boosting human services like elder care.
He also aims to put corporate America on the hook for the tab, which is expected to grow to a combined $4 trillion once he rolls out the second part of his economic plan in April.

Updated 31 Mar, 2021 03:05pm

Markets

Palm drops as rival oils drag; March exports data underpin

Meanwhile, Dalian's most-active soyoil contract slumped 3.45% and its palm oil contract lost 2.06%. Soyoil prices on the Chicago Board of Trade rebounded with a 0.67%.

Published 31 Mar, 2021 12:51pm

World

US orders diplomats out of Myanmar as violence spirals

The KNU, one of the biggest rebel groups, took over an army base in eastern Kayin state at the weekend, prompting the military to respond with air strikes.

Published 31 Mar, 2021 11:20am

World

US leads concern over WHO-backed Covid origins report

Trump had promoted a theory that the virus could have leaked from a lab in Wuhan, which the WHO-backed experts dismissed in their report.

Published 31 Mar, 2021 10:30am

World

US sends ambassador to join Palau leader on Taiwan visit

Palau is one of only 15 nations that officially recognise Taiwan over China, which views the self-ruled democratic island as its own territory and has vowed to one day seize it.

Published 30 Mar, 2021 05:22pm

World

Iran rejects ending 20% enrichment before U.S. lifts sanctions

Iran will not stop its 20% uranium enrichment before the United States lifts all sanctions, Iranian state TV quoted an unnamed official as saying on Tuesday, after a U.S. media report said Washington would offer a new proposal to jump-start talks.

Updated 30 Mar, 2021 03:54pm

World

Global condemnation after bloodiest day since Myanmar coup

"The people are worried about whether the air strikes would come again today," she told AFP.

Updated 28 Mar, 2021 05:31pm

World

Chip shortage hits 5 Stellantis plants in North America

NEW YORK: Stellantis will suspend production at five North American auto manufacturing plants due to the global...

Updated 28 Mar, 2021 10:55am

Opinion

US bail-bond insurers spend big to keep defendants paying

Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in...

Published 27 Mar, 2021 05:41am

Opinion

Money no object as governments race to build chip arsenals

Governments around the world are subsidizing the construction of semiconductor factories as a chip shortage hobbles...

Published 27 Mar, 2021 05:41am