Page 40 - Us

Global shares mostly rise as investors waited for US consumer price data

Global shares mostly rose on Tuesday, boosted by a rally on Wall Street, as investors waited for US consumer price data due out later in the day. France's CAC 40 added nearly 0.1 per cent in early trading to 7,214.85, while Germany's DAX also rose less than 0.1 per cent, to 15,400.76. Britain's FTSE 100 gained 0.4 per cent to 7,976.92. The future for the Dow Jones Industrial Average rose 0.1 per cent while that for the S and P 500 gained 0.2 per cent. Sentiments are largely tracking the positive handover from Wall Street overnight, although much is still up in the air, Yeap Jun Rong, a market analyst at IG, said in a commentary. In a mixed sign of Japan's shaky recovery, government data showed the world's third largest economy grew at an annual pace of 0.6 per cent in October-December, as restrictions related to the coronavirus pandemic eased, both abroad and in Japan. Tourism recovered, as did local travel, and exports grew, the Cabinet Office reported. Japan's benchmark Nikkei 2

We are still pursuing: Navy Vice Chief about integrating US Predator drones

India is operating two predator drones which were hired on lease from an American firm and they have been helping the Navy to keep track of activities in the Indian Ocean Region

US crackdown aims to push crypto industry back to the fringes of finance

The regulators are effectively building a wall between crypto trading and the banking and securities markets to prevent the types of systemic vulnerabilities that led to the 2008 financial crisis

Aliens? Not ruling out, says US General as 4th UFO shot down

China spots UFO, says will take it down. Also, it says US balloons have flown illegally over its territory more than 10 times since 2022

US will act to protect if China threatens its sovereignty, says Biden

Amidst growing tension with China over a suspected surveillance balloon, US President Joe Biden has said that the United States will act to protect if Beijing threatens its sovereignty. "I am committed to work with China where it can advance American interests and benefit the world. But make no mistake: as we made clear last week, if China threatens our sovereignty, we will act to protect our country. And we did," Biden said in his State of the Union Address on Tuesday night. The US military downed the suspected Chinese spy balloon over the Atlantic Ocean last week, drawing a strong reaction from China which on Sunday warned of repercussions over America's use of force against its civilian unmanned airship. The US has accused China of violating American sovereignty and international law. "Let's be clear: winning the competition with China should unite all of us. We face serious challenges across the world. But in the past two years, democracies have become stronger, not weaker, he

Blowout jobs: A headache for Federal Reserve, or a back-to-2019 gift?

The dissonance in the data will be a key puzzle for policymakers to resolve as they plot their next interest rate moves

US fighter jet shoots down China's suspected spy balloon: Report

Spy balloon, along with another observed transiting Central and South America, had surveillance equipment not usually associated with standard meteorological activities, senior US official said

US job openings surge unexpectedly past 11 million as Fed zeros in on labor

The increase was the largest since July 2021 and mostly reflected a jump in vacancies in accommodation and food services

Tyre Nichols' family grieves 'on sacred ground' in Memphis after funeral

On the eve of the funeral for Tyre Nichols, who died days after a brutal beating by Memphis police officers just minutes from his home, his family was sharing remembrances and expressing grief. Nichols' older brother, Jamal Dupree, lamented he was not there to save his brother from the attack he suffered at the fists and feet of the five officers, who have been charged with second-degree murder and other offenses. "I've been fighting my whole life and the one fight I needed to be here for, I wasn't here," said Dupree, adding that violence was against his brother's nature. "My brother was the most peaceful person I've ever met in life," he said. "If my brother was here today and he had to say something, he'd tell us to do this peacefully." The family gathered on Tuesday evening with the Rev. Al Sharpton at the historic Mason Temple Church of God in Christ in Memphis where the Rev. Martin Luther King, Jr. delivered his final speech the night before he was assassinated to speak abou

To target worshippers is unconscionable: US condemns attack in Pakistan

The US has strongly condemned the deadly suicide bombing at a mosque in Pakistan's Peshawar city on Monday, saying "terrorism is indefensible," and to "target worshippers is unconscionable." The death toll from the suicide attack rose to 100 on Tuesday after rescue workers retrieved more bodies from the debris of the devastated mosque inside a major police facility in Peshawar, capital of the restive Khyber Pakhtunkhwa province. According to Pakistani security officials, the suicide bomber who was present in the front row during the Zuhr (afternoon) prayers on Monday blew himself up, causing the roof to collapse on the worshippers -- one of Pakistan's deadliest attacks in recent years. The United States strongly condemns the terrorist attack on a mosque in Peshawar, Pakistan with reports today that the death toll has now risen to 100 people, Andrienne Watson, spokesperson of the National Security Council, White House said on Tuesday. This is tragic and heartbreaking news, and we ..

Huawei may be 'entirely' cut off from American suppliers: Report

China accuses Washington of pursuing technology hegemony

How a drug company made $114 billion by gaming the US patent system

The incident has become a case study in how drug companies artificially prop up prices of their best-selling drugs

US consumer spending softens in December even as inflation eases

The data was included in the advance fourth quarter gross domestic product report, which showed consumer spending maintaining a solid pace of growth

Germany agrees to send advanced battle tanks to Ukraine, US to follow

The decision is seen as a potential game changer for Ukraine

Twitter faces more lawsuits over unpaid rent for US HQ, UK office

Twitter quit paying rent on its San Francisco headquarters in December

US confronts China for tacitly aiding Russia in Ukraine war: Report

US officials said they agree the Russia-China relationship is extremely close now and China is doing more than it did before in support of Russia

India to benefit from US, China decoupling: Gautam Adani tells Davos summit

Countries seeking their own form of self-reliance, says billionaire in reference to India's Atmanirbharta campaign of economic independence

US taking steps to further facilitate issuance of business visas in India

The challenges pertaining to issuance of visas have been due to Covid

Piyush Goyal calls for redoubling efforts at WTO for TRIPS waiver

In June last year, members of the WTO agreed to grant a temporary patent waiver for the manufacturing of Covid-19 vaccines for five years

President Joe Biden visits US-Mexico border as immigration issue hots up

The visit seemed designed to showcase a smooth operation to process legal migrants