WASHINGTON D.C.: After sliding 0.5 percent in February, new factory orders for US-made goods rebounded 1.1 percent in March, as the White House pandemic relief package and the expansion of the vaccine program to all adult Americans helped lift domestic demand. The recovery was lower than the 1.3 percent growth estimated by economists polled by Reuters. Year-on-year, new orders for U.S.-made goods recorded an in

US factory orders rebound 1.1% in March due to robust demand

U.S. economists hopeful as factory orders rise to 1.1% in March

Demand seen pushing factory orders to 1.1% in March

NEW YORK, New York - It was like Groundhog Day as stocks forged to new highs on Wall Street on Friday, despite disappointing economic data.The good news in fact was the bad news. This is the reality with stocks globally right now. Whatever happens, regardless, it is a driver to push stocks higher.On Friday jobs data came in far worse than expected. This is good news because it means the Fed won't be incre

Groundhog Day on Wall Street, stocks hit new record highs

Wall Street roars again, U.S. dollar crumbles on weak jobs report

U.S. industrial stocks set new records, U.S. dollar gets smashed

WASHINGTON D.C.: Production in the United States clocked slower growth last month, as supply scarcities posed restraints and extensive fiscal stimulus gave a free rein to the contained demand.A study conducted by the Institute for Supply Management (ISM) on May 3 found the longest-ever lead times, coupled with extensive reductions in crucial basic substances, a spike in commodity costs, as well as problems in t

Constraints in supply chain slows manufacturing in United States

Supply chain slows, manufacturing slackens in U.S.

Officials say US supply chain will correct self, raise factory output

SYDNEY, NSW, Australia - Stocks in Japan and Australia moved higher on Friday as investors around the globe continued to weigh into stocks."This will continue for the time being, because the reopening (reflation) trade is still just getting underway," Masahiko Loo, a Tokyo-based portfolio manager at AllianceBernstein <a href="https://www.reuters.com/business/global-markets-wrapup-2-2021-05-07/?taid=6094f00073c9f

Stock buying continues in parts of Asia, but momentum slows

Asian stock markets finish week on mixed note, greenback dithers

Japanese and Australian stocks rise modestly, China takes step back

NEW YORK, New York - U.S. industrial stocks were upbeat on Thursday after a report that jobless claims fell 92,000 to 498,000 for the week, down from 590,000 last week.The Dow Jones exploded higher to set a new record."Investors are encouraged by the low-interest rates and the stimulus that the government is putting into the economy. We're also seeing substantial increases in economic projections and earn

Dow Jones shatters record, soars another 319 points

Dow Jones hits new historical high after jumping more than 300 points

Another record-setting day on Wall Street as Dow explodes higher

LAS VEGAS, Nevada: The Covid-weary public are beginning to return to the casinos of Las Vegas.Very low airfares and inexpensive hotel stays are drawing the locked-down public, with air tickets as low as $100 and hotels offering room rates as low as $50 per night."How could I turn that down?" 39-year-old electrician Mike Anger from Midland, Michigan asked, as quoted by Associated Press.Las Vegas cr

Vegas filling casinos as pandemic-weary visitors return

As Covid brought under control, crowds returning to Las Vegas

Low airfares, hotel rooms bringing gamblers back to Las Vegas

SYDNEY, NSW, Australia - A sharp deterioration in China-Australian relations took a toll on Australia's stock market on Thursday.While other markets mostly rallied, Australian stocks and its currency came under heavy pressure after China cut a vital diplomatic bond between the two countries."Based on the current attitude of the Australian Commonwealth Government toward China-Australia cooperation, the Nat

Australian stocks dive as relations with China worsen

Aussie stock investors bail after China clamps down on diplomacy

Break in Australia-China diplomatic relations unnerve ASX

Pune (Maharashtra) [India], May 8 (ANI): To support women to resume back to work after a career break, udChalo, a top Online Travel portal for Indian Defence Personnel has announced 'Utkarsh', a unique program that enables and empowers women to start or restart work with dignity and pride.
The word 'Utkarsh' in its literal sense stands for awakening, advancement and heading in the direction of prosperity.
This program aim

udChalo launches 'Utkarsh-Unnati ki Udaan'

Pune (Maharashtra) [India], May 7 (ANI/NewsVoir): Bajaj Finserv, one of the largest financial conglomerates in India, has launched its public awareness campaign,Through this awareness initiative, Bajaj Finserv aims to convey a very important message to its customers and prospects to strictly avoid making any refundable advance payments in the name of loan processing fee, tibank charges, GST, verificaons etc., and verifyin

Bajaj Finserv launches 'Savdhan Rahein, Safe Rahein',

Mumbai (Maharashtra) [India], May 7 (ANI): Equity frontline indices closed in the green on Friday fuelled by expectation that the second Covid-19 wave will peak this month and the economy will rebound quickly.
At the closing bell, the BSE SP Sensex was up by 257 points or 0.52 per cent at 49,206 while the Nifty 50 edged higher by 98 points or 0.67 per cent to 14,823.
Except for Nifty PSU bank, all sectoral indices at the 

Equities trade higher, Tata Steel up 7.5 pc

Mumbai (Maharashtra) [India], May 7 (ANI): Home loan lender Housing Development Finance Corporation (HDFC) on Friday reported 42 per cent growth in net profit at Rs 3,180 crore in the quarter ended March as compared to Rs 2,233 crore in the same period of previous year.
Profit before tax stood at Rs 3,924 crore in Q4 FY21 compared to Rs 2,692 crore in Q4 FY20, representing a growth of 46 per cent.
HDFC said there was a su

HDFC's Q4 net profit jumps 42 pc at Rs 3,180 crore

New Delhi [India], May 7 (ANI/Mediawire): India is a multi-faceted nation in more aspects than one can count. As a Fintech entrepreneur who is a little bit tongue in cheek, I always point to our domestic versus cross-border payments dichotomy as the most glaring example of how right we can get it when we try. And how wrong it can go when we don't.
Prajit Nanu, CEO and Co-Founder, NIUM said, "Domestic payments in India, fo

When will India have its UPI Moment in cross-border payment

Mumbai (Maharashtra) [India], May 7 (ANI): Equity benchmark indices showed resilience and traded higher during early hours on Friday fuelled by an expectation that the second Covid-19 wave will peak this month and the economy will rebound quickly.
At 10:15 am, the BSE SP Sensex was up by 405 points or 0.83 per cent at 49,354 while the Nifty 50 ticked higher by 117 points or 0.8 per cent to 14,842.
Except for Nifty auto, a

Equities trade higher, Tata Steel top gainer

Zimbabwe plans to list a bond on the local exchange for the first time in 20 years to raise funds for the expansion and upgrade of a main highway that links the country to South Africa, which is its largest trading partner.The $250 million listing by the Infrastructure Development Bank of Zimbabwe will be the first note issuance on the Zimbabwe Stock Exchange since 2001, when municipal bonds with a government gu

Zimbabwe to list bond on local bourse for the first time in 20 years

President Joe Biden's efforts to rescue and ultimately reshape the U.S. economy may be getting most of the attention, but his administration has also been busy on the international front, in large part by expanding and adjusting the vast net of sanctions that the U.S. imposes on countries and individuals around the world.In his first weeks in office, Biden imposed new sanctions on individuals in Russia over inte

How Biden Aims to Better Align US Sanction Policies

Tata Motors could be in a spot of bother after the country's competition regulator pulled the Indian manufacturer over on an antitrust probe. The Competition Commission of India (CCI) has ordered an investigation into the matter pertaining to Tata Motors' commercial vehicle division after charges levied by two former dealer partners.The order has been passed on two complaints filed against Tata Motors, Tata Capi

Tata Motors Faces Antitrust Probe - CCI Orders Investigation

ROME, May 8 (Xinhua) -- Just three years ago, Bialetti, the inventor of the iconic Moka Express coffee maker, was in deep financial trouble, suffering from a changing coffee culture brought about by the growing popularity of pod coffee machines. Now, the company is thriving. It expects to sell 30 percent more coffee makers this year than it did in 2018. Though the company is still in the red, investors evidently

Feature: Dramatic turnaround for Italy&#039;s Bialetti coffee pots

BEIJING, May 8 (Xinhua) -- Chinese Premier Li Keqiang on Saturday stressed the importance of the structure and layout of state-owned economy following the merger of Sinochem Group and ChemChina Group, two state-owned chemical giants. Li made the remarks in a written instruction on the establishment of a new holding company occurring on the same day as a result of the joint reorganization. He added that the move 

Premier Li stresses importance of structure, layout of state-owned economy

NAIROBI, May 7 (Xinhua) -- Elias Gebreselassie grew up in Addis Ababa, Ethiopia, and he, like his peers, has long thought that skyscrapers, shopping malls and highways could only be scenes in Hollywood movies. The 34-year-old praised China's investment in modern infrastructure such as roads and social facilities, which made the capital a charming international metropolis and the headquarters of the African Union

Roundup: African youth&#039;s China perception improves amid blossoming ties

Northstar Financial Services (Bermuda) To Liquidate After Extension Request Denied PRNewswire

Northstar Financial Services (Bermuda) To Liquidate After Extension Request Denied

WASHINGTON D.C.: As part of a larger drive by lawmakers to advance climate and energy legislation, members of a U.S. House of Representatives subcommittee held a virtual meeting with representatives of the biofuel and airline industries early this week to discuss expanding production of low-carbon aviation fuel. The meeting follows calls by U.S. President Joe Biden's administration to rapidly slash greenhouse ga

U.S. House panel discusses low-carbon fuel with airlines

U.S. subsidies sought to bring down cost of biofuels for airlines

Airlines, biofuel industries discuss low-cost biofuels with U.S. House

NEW YORK - Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network, the source of nearly half of the U.S. East Coast's fuel supply, after a cyberattack that industry sources said was caused by ransomware.The company transports 2.5 million barrels per day of gasoline, diesel, jet fuel and other refined products through 5,500 miles (8,850 km) of pipelines linking refiners on the Gulf Coast to

Cyberattack Shuts Down Top US Fuel Pipeline Network

NEW YORK - Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network after a cyberattack that industry sources said was caused by ransomware software.Colonial's network supplies fuel from U.S refiners on the Gulf Coast to the populous eastern and southern United States.The company transports 2.5 million barrels per day of gasoline, diesel, jet fuel and other refined products through 8,

Top US Fuel Pipeline Operator Shuts Whole Network After Cyberattack

Ugandan lawmakers approved spending plans of 44.7 trillion shillings ($12.6 billion) for the year through June 2022, about 714 billion shillings smaller than the current budget, partly on lower external funding, according to information from the nation's parliament.The government will draw at least 200 billion shillings from its petroleum fund to help finance the construction of roads in its oil-rich region as c

Uganda lawmakers approve smaller budget as foreign funding falls

India's state-owned refiners are ordering their regular volumes of Saudi crude oil for June after the Kingdom reduced its prices, Reuters has reported, citing unnamed sources familiar with the situation.Saudi Arabia cut its official selling price for Asian clients earlier this month by between $0.10 and $0.30 in response to the surge in Covid-19 infections in India, which had a negative impact o

India ramps up oil imports from Saudi Arabia after price cut

BEIJING, China: China set a new tourism record, as the Chinese made some 230 million trips over the extended May Day holiday. This surpassed the number of Chinese traveling during pre-coronavirus pandemic levels, according to official estimates. However, total spendings by tourists was lower than in the past. China's May Day holiday was May 1-5, in which people travel throughout the country. Earlier in th

Chinese trips top pre-Covid levels over May Day

Chinese trips top pre-Covid levels, but revenues fall

China reports 230 million tourist trips over May Day holiday

DUBLIN, Ireland - May 5 (Xinhua/Big News Network) -- Europe's largest budget airline Ryanair on Wednesday reported a monthly growth in its April passenger numbers for the first time in the past 14 months. In April, Ryanair carried one million passengers, up sharply from 40,000 passengers it carried in the same month of last year, the airline said in a press release posted on its website. April 2020 saw a 

Ryanair sees growth in passenger numbers for first time in 14 months

Low-cost airline Ryanair registered growth last month

Irish carrier Ryanair transported 1 million passengers in April

Patty Tavatanakit shot a 2-under 70 to take a one-stroke lead after 54 holes Saturday at the Honda LPGA Thailand.

Tavatanakit is seeking her second victory of the season, having won the ANA Inspiration last month in Rancho Mirage, Calif. She's also looking to become the first Thai woman to win the event.

After two consecutive rounds of 8-under 64, Tavatanakit mixed two bogeys and four birdies in an uneven round and admi

Patty Tavatanakit leads packed Honda leaderboard by 1

Mumbai (Maharashtra) [India], May 8 (ANI): The Narcotics Control Bureau (NCB) officials on Saturday arrested a foreign national with 4 kgs of heroin worth Rs 26 crores.
"NCB officials intercepted a Zambian national, an ex-serviceman of Zambian Army, from Mumbai airport last night with possession of 4 kgs of heroin worth Rs 26 crores", said Sameer Wankhede, Zonal Director, NCB, Mumbai to ANI.
"One NCB official had dressed 

NCB nabs one foreign national for smuggling 4 kgs of heroin

Kolkata (West Bengal) [India], May 8 (ANI): West Bengal Chief Minister Mamata Banerjee on Friday alleged that the Bharatiya Janata Party (BJP) is not ready to accept the public mandate following the debacle in the Assembly election and asked why there is so much discrimination with the state.
"Why is there so much discrimination with Bengal? They sent the central team within 24 hours of oath-taking. Actually, they (BJP) a

Mamata Banerjee accuses BJP of not accepting public mandate

Kolkata (West Bengal) [India], May 8 (ANI): Launching a fresh attack on the BJP-led Central government, West Bengal Chief Minister Mamata Banerjee demanded a universal vaccine programme for all and asserted that Rs 30,000 crore for vaccination is nothing for the Central government.
"Rs 30,000 crore is nothing for the Central government... There should be a universal vaccine program for all throughout the country," Banerje

Rs 30,000 cr is nothing for Central govt for vaccine: CM

Bnehgaluru (Karnataka) [India], May 8 (ANI): Karnataka Chief Minister BS Yediyurappa on Friday said that aerospace major Boeing India has come forward to set up a hospital with 200 oxygen beds in Bengaluru to help the state tackle COVID-19 crisis.
In a letter addressed to Union finance minister Nirmala Sitharaman, he said the sudden surge in COVID-19 cases has led to an exponential demand for oxygen.
"At the present growt

Boeing India to set up hospital with 200 oxygen beds

Kuala Lumpur [Malaysia], May 8 (ANI): Malaysia has announced a travel ban for Pakistan and several other Asian countries over rising cases of COVID-19 in the last couple of weeks.
Citizens from Pakistan, Bangladesh, Sri Lanka and Nepal will not be allowed to enter Malaysia from Saturday, Geo News reported citing a notification issued by the Malaysian immigration authorities.
While announcing the conditions of the ban, sen

COVID-19: Malaysia announces travel ban on Pakistan,

Kenya Airways announced on Friday that it has signed an interline agreement that will extend the airlines reach in the Southern Africa region via Johannesburg and Cape Town.Kenya Airways customers flying to South Africa will be able to connect with Airlink operated flights to destinations including Windhoek, Durban, Gaborone, Maseru, Pemba, Maputo and Gqeberha (Port Elizabeth).It will also enable Airlink 

Kenya Airways signs interline agreement with Airlink

New Delhi [India], May 7 (ANI): The Delhi Airport on Friday informed that British Airways has airlifted 675 oxygen cylinders to Delhi in the last two days.
"In the past two days, @British_Airways has airlifted 675 oxygen cylinders to DelhiAirport on their BA 257 flight operating a @Boeing B777 aircraft," the Delhi Airport tweeted.
The Union Health Ministry, earlier today, said that the oxygen cylinders packed in 20 pallet

British Airways airlifts 675 oxygen cylinders to Delhi

Washington [US], May 7 (ANI): US airports screened a record 1.64 million passengers on Thursday, the highest number of passengers on a single day since the start of the pandemic, Transportation Security Administration (TSA), Spokesperson Lisa Farbstein said on Friday.
"TSA screened 1,644,050 people at security checkpoints yesterday, Thursday, May 6," Farbstein said, according to Sputnik.
"It's the highest checkpoint throu

US airports screen the highest number of passengers

Patty Tavatanakit shot her second consecutive 64 to take a three-shot lead after 36 holes Friday at the Honda LPGA Thailand.

Tavatanakit capped her round with a 12-foot putt for an eagle on No. 18 at the Old Course at Siam Country Club in Chonburi, Thailand, where the heat index approached 100 degrees by the end of the round. At 16-under par, she tied the tournament's 36-hole scoring record set by Jessica Korda in 2018.


Patty Tavatanakit takes 3-shot lead in Thailand

MEXICO CITY - A decision to change cars to in order get closer to a station exit may have saved Erik Bravo, a 34-year-old financial adviser who survived the collapse of an elevated line in Mexico City's subway system that killed 25 people and injured around 80.Bravo said Thursday that he and two colleagues from work were accustomed to taking the Number 12 line home from their jobs. His two friends got off late M

Mexico Subway Crash Survivor Reflects on Decision to Change Cars

New Delhi [India], May 7 (ANI): Air India on Friday informed that it will operate flights from London Heathrow to Mumbai from May 17, keeping in view of the COVID-19 pandemic situation.
"FlyAI: Air India will operate flights from London Heathrow to Mumbai from 17th May to 31st May'21. (Except 18th, 23rd,25th and 30th May). Passengers who are already booked on these dates and wish to travel, will be required to revalidate 

Air India to operate flights from London Heathrow to Mumbai

Beijing [China], May 7 (ANI): Ahead of the Chinese Long March rocket's re-entry to Earth's atmosphere, Beijing on Friday dismissed threats posed by the out-of-control rocket, despite concerns raised by experts.
Speaking at a press briefing, Chinese Foreign Ministry spokesperson Wang Wenbin said the debris of the Chinese carrier vehicle Chang Zheng 5 (Long March 5) will mostly burn upon entry into the atmosphere, adding th

China denies threat posed by its out-of-control rocket

Geneva [Switzerland], May 7 (ANI): A new survey by International Air Transport Association (IATA) shows that among all regions, more than half of the respondents expect Asia Pacific to recover 2019 levels of activity first.
This is followed by North America as in the previous January airline business confidence survey. On the other hand, Europe is forecast to return to 2019 levels of demand later than elsewhere.
However, 

A-Pac to recover first when air travel restarts: IATA

New Delhi [India], May 7 (ANI): Airports Authority of India, Goa International Airport and its frontline corona warriors are geared up to combat COVID-19 by facilitating the seamless delivery of medical essentials, said the Ministry of Civil Aviation on Friday.
During the first phase of the pandemic, Goa International Airport catered to eight LifeLine Udan flights intended to transport essential medical cargo to remote pa

AAI, Goa Airport gears up to deliver medical essentials

The climate crisis is no longer a looming threat - people are now living with the consequences of centuries of greenhouse gas emissions. But there is still everything to fight for. How the world chooses to respond in the coming years will have massive repercussions for generations yet to be born.In my book How to Save 

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