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Featured

Neo Group Launches Mutual Fund to Expand Financial Services Platform

Neo Wealth and Asset Management has officially entered the mutual fund business with the launch of Neo Mutual Fund. The move marks a strategic expansion for the group, which aims to build a nationwide distribution network through partnerships with banks and financial advisors while leveraging a team of experienced fund managers.

Maharashtra Government Raises MBBS Intern Stipend to Rs 25,000

The Maharashtra government has agreed to raise the monthly stipend for MBBS interns by Rs 7,000, increasing the amount from Rs 18,000 to Rs 25,000. Following this agreement, the Association of State Medical Interns (ASMI) called off its strike.

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McDonald's reaches deal to sell Russia business

McDonald's has reached a deal to sell its Russia business to Russian businessman Alexander Govor, a licensee of the chain, the restaurant company said Thursday.

Global stocks slump on recession fears

Global markets took a beating Thursday after Wall Street suffered one of its worst batterings in two years over recession fears after decades-high inflation.

Ukraine war puts Indian diamond polishers out of work

India's huge diamond-polishing industry has furloughed around 250,000 of its roughly two million workers because of sanctions on Russia hitting supplies, a trade union said Thursday.

Stock markets slump on recession fears

Stock markets slumped Thursday after Wall Street suffered one of its worst batterings in two years as traders recoiled at the prospect of recession.

Cyprus police arrest one after protesting farmers set hay ablaze

Cyprus police said Thursday they had arrested one man a day after farmers set hay bales ablaze outside the presidential palace to protest against high input prices and a milk glut.

Epicentre of war: Artillery battles engulf Ukraine's Severodonetsk

She ran clutching her soup ladle from the wood-fired stove set up by trapped residents metres from their doorstep and dived into the basement to escape the mortar blast.

Asian, European markets drop after Wall St battering

Markets in Europe and Asia posted losses Thursday, after Wall Street suffered one of its worst batterings in two years.

Asian markets drop after Wall St battering

Asian markets posted losses Thursday, after Wall Street suffered one of its worst batterings in two years in the previous session.

Brothers keep Swiss mountains in high spirits

Depopulation threatens the future of Switzerland's picturesque mountain villages, but three brothers are trying to keep theirs alive by capturing its essence in a bottle.

Forbidden love: Taiwan's gay couples seek foreign marriage equality

Taiwan's LGBTQ community celebrated the third year of gay marriage being legal this week, but for Vincent Chuang it was a bittersweet reminder that he still cannot wed because he fell in love with a foreigner.

Asian markets plunge after Wall St battering

Asian markets posted big early losses Thursday, after Wall Street suffered one of its worst batterings in two years in the previous session.

US to fly in baby formula on military contracted planes

The US government will fly in baby formula on commercial planes contracted by the military in an airlift aimed at easing the major shortage plaguing the country, the White House said on Wednesday.

What a waste: US campaigner wears his trash for a month

We all know someone with a rubbish fashion sense, but Rob Greenfield is proud to be wearing garbage -- it's all part of a plan to show just how much trash we unthinkingly throw away every month.

'Transmitting violence': Livestream video's dark side

A gunman's livestream of a mass killing in New York state was taken down in a matter of minutes -- but even that was not fast enough to prevent those images from becoming effectively impossible to erase from the internet.

Basquiat owned by Japan's Maezawa sells for $85 mn

Jean-Michel Basquiat's "Untitled" 1982 sold for $85 million at auction in New York Wednesday, well above its pre-sale estimate and netting Japanese billionaire space tourist Yusaku Maezawa a tidy profit.

Fact Check: Pediatricians say homemade baby formula unsafe

Social media posts are urging parents who face baby formula shortages to make it themselves. But pediatricians told AFP they do not advise patients to use homemade formula, warning it may lack vitamins and nutrients key to helping infants grow and thrive.

Wall Street stocks tumble following weak results from retailers

Wall Street stocks suffered one of their worst batterings since 2020 on Wednesday, as downcast earnings reports from retailers exacerbated worries about consumer resilience and corporate profitability.

Biden sells renewed US leadership in first Asia trip, but N.Korea looms

Joe Biden leaves Thursday for his first trip as president to Asia convinced that the confrontation with Russia has reinvigorated US leadership, while wary that a rogue North Korean nuclear test could tear up the optimistic script.

Most automakers fall short on climate goals: report

Only two of the world's 12 top automakers plan to make enough electric vehicles by 2030 to stay in step with Paris Agreement climate goals, experts said Wednesday.

New York agency accuses Amazon of workforce discrimination

New York state accused Amazon Wednesday of discriminating against pregnant workers and staff with disabilities by refusing to make reasonable accommodations.

Tom Cruise: 'I make movies for the big screen'

Tom Cruise made it clear there was no chance "Top Gun: Maverick" would be released first on a streaming platform despite multiple pandemic delays, as he visited Cannes on Wednesday.

Senegal probing feared homophobic attack by mob

Senegalese police said Wednesday they were probing a possible anti-gay attack by a mob, an incident coinciding with a storm over a football star's apparent refusal to join a campaign against homophobia in Europe.

Russian pleads guilty as Ukraine holds first war crimes trial

A 21-year-old Russian soldier on Wednesday pleaded guilty to the cold-blooded murder of a Ukrainian civilian, as Kyiv began a judicial reckoning for alleged atrocities after nearly three months of war.

Why record wheat prices are a global worry

Consumed daily by billions of people around the world in bread and other flour-based products, wheat is a basic food staple, making current record prices for the cereal a global concern.

European and US stocks slide on inflation worries

US and European stock markets slid Wednesday as inflation data and corporate reports stoked investor fears about recession and earnings.

China calls for urgent boost to virus-hit economy

China's premier called for greater "urgency" in rolling out measures to support the virus-battered economy, state media reported Wednesday, days after data highlighted the stark impact of Covid-19 restrictions.

'Historic’ equal pay deal for US men and women soccer teams

The US men's and women's national soccer teams will receive equal pay under a "historic" agreement announced by the US Soccer Federation on Wednesday, following years of pressure from female national players.

European stock markets waver amid rocketing UK inflation

Europe's stock markets wavered Wednesday as investors digested news that UK inflation has spiked to a 40-year peak, stoking fear over the economic impact of sky-high global consumer prices.

Burning fields betray Russia's creeping Ukraine advance

Ukrainian biology professor Oleksiy Polyakov is reading a book on the stoop of his cellar, trying to ignore the Russian mortar shells smashing into the hill overhead.

Finland, Sweden apply to join NATO as first Ukraine war crimes trial begins

Finland and Sweden on Wednesday submitted a joint application to join NATO as Russia's invasion of Ukraine forces a dramatic reappraisal of security in Europe.

Climate-stricken world needs renewables Marshall Plan: UN chief

UN chief Antonio Guterres on Wednesday outlined what amounts to a global Marshall Plan for ushering in a world powered by renewable energy rather than coal, gas and oil.

UK inflation jumps to 40-year peak

Britain's annual inflation rate surged to a 40-year high last month on rocketing energy costs, official data showed Wednesday, sparking opposition calls for the government to announce an emergency budget to combat a cost-of-living crisis.

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Arizona Tribune - Economy (English)