Sat, 21 May 2022

Asian stock markets on rise after China's central bank move

SYDNEY, NSW, Australia - A reduction of the official lending criteria in China has boosted stocks on the mainland, and ...

Turkish lira falls another 2%, at lowest since December

ISTANBUL, Turkey: As state lenders reduced the amount of dollar sales to prop up the currency for the ninth consecutive ...

US trader faces 20 years in prison over cryptocurrency scam

NEW YORK CITY, New York: Federal officials have announced that Eddy Alexandre, CEO of Valley Stream trading, is facing charges ...

U.S. stocks see-saw as dollar takes a dive

NEW YORK, New York - U.S. stocks again see-sawed on Thursday while the U.S. dollar rally took a well-deserved break."The ...

Falling sales causes Forbes to drop Samsung on list of tech companies

SEOUL, South Korea: Korean tech giant Samsung Electronics fell two places in Forbes' rankings of the World's Largest Tech Companies ...

Face masks return for workers at some Michigan auto factories

Detroit, Michigan: General Motors, Ford and Chrysler parent Stellantis NV said they are reinstating the face mask mandate for employees ...

South Korea president pledges aid to North in treating Covid outbreak

SEOUL, South Korea: As North Korea grapples with a severe COVID-19 outbreak, South Korean President Yoon Suk-yeol has said that ...

Asian stocks mostly plummet, as sellers take charge

SYDNEY, NSW, Australia - Stocks in Asia mostly sank on Thursday, following on from a rout on Wall Street overnight."There ...

REE Automotive to build commercial EV chassis plant in UK

LONDON, England: Israeli startup REE Automotive has announced that it will build an assembly plant for electric vehicles (EVs) in ...

China prepares to deliver its version or Boeing, Airbus aircraft

BEIJING, China: The Commercial Aircraft Corp of China (Comac) completed a three-hour pre-delivery test flight of China's C919 aircraft at ...

U.S. stocks shatter, Dow Jones industrials drop more than 1,000 points

NEW YORK, New York - Soaring prices have taken their toll on U.S. retailer Target which reported first-quarter profit had ...

Working together, Spain, Portugal set plan to control gas prices

MADRID, Spain: In a coordinated move last week, Spain and Portugal approved a temporary cap on natural gas prices.The move ...

Emirates lost $1 billion, says that's an 80 percent improvement

DUBAI, United Arab Emirates: Emirates Air, one of the world's largest airlines, said it lost $1.1 billion over the past ...

Bargain-hunting drives Wall Street higher, Nasdaq climbs 322 points

NEW YORK, New York - Bargain-hunters drove up the prices of stocks on U.S. markets on Tuesday."Our inputs today support ...

Indian ban on wheat exports expected to hike prices worldwide

NEW DELHI, India: India has banned the exporting of wheat, despite stating it was targeting record international shipments this year, ...

High import taxes prevent Tesla from selling cars in India

NEW DELHI, India: Tesla made known this week that it will not sell electric automobiles in India due to the ...

Hang Seng jumps sharply on possible China move to relax tech reform

SYDNEY, NSW, Australia - A potential easing of the Chinese government's crackdown on technology companies drove stocks in Hong Kong ...

Nepal to get free 21.9% of 490mw electricity every month

KATHMANDU, Nepal - The governments of Nepal and India have signed a bilateral memorandum of understanding for the construction of ...

Kia reports second most electric car sales in US, Ford close behind

LOS ANGELES, California: Kia has become the second largest manufacturer of electric vehicles sold in the United States, second only ...

U.S. stock markets undermined by weak Chinese data

NEW YORK, New York - Weak economic news out of China undermined stocks on Wall Street on Monday. The major ...

Braking problems cause Mercedes-Benz to issue do-not-drive order

ATLANTA, Georgia: Mercedes-Benz USA has requested drivers to stop driving some of their autos immediately due to braking problems.The announcement ...

U.S. dollar reaches all-time high in Pakistan, crosses Rs194 in interbank trade

KARACHI, Pakistan - The U.S. dollar climbed past Rs194 in the interbank market in Pakistan on Monday as analysts expressed ...

Three bidders weigh purchasing Italy's state-owned ITA Airways

ROME, Italy: Italy has announced plans to sell state-owned ITA Airways, the successor to Alitalia, by the end of June, ...

Stocks in Asia range-bound as markets contemplate next move

SYDNEY, NSW, Australia - Stocks struggled for direction in Asia on Monday. Early gains evaporated later in the data, although ...

China's Green Valley ends Alzheimer's drug test due to funding

BEIJING, China: China's Green Valley Pharmaceutical company has prematurely ended an FDA approved study on its GV-971 to treat mild ...

GM, union raise wages 8.5% at Mexico truck factory

SILAO, Mexico: U.S. automaker General Motors (GM) has agreed to raise wages by 8.5 percent, following negotiations with a new, ...

Vikas Garg, Seema Garg to acquire up to 26 per cent in Advik Capital Ltd at Rs 4.15 per share via open offer

New Delhi [India], May 20 (ANI/PNN): BSE listed Advik Capital Ltd (BSE: 539773), is one of the emerging Non-deposits taking ...

India's forex reserves slump by $2.67 billion; 10th weekly fall

Mumbai (Maharashtra) [India], May 20 (ANI): India's foreign exchange (forex) reserves declined by $2.676 billion to $593.279 billion for the ...

Mark Zuckerberg recreates wedding picture with wife to mark 10 years of marriage

Washington [US], May 20 (ANI): Facebook chief executive officer (CEO) Mark Zuckerberg and his wife Priscilla Chan have completed 10 ...

Nepal, China BRI projects show no progress even after 5 years: Report

Kathmandu [Nepal], May 20 (ANI): The Belt and Road Initiative agreement signed between Nepal and China have crossed the 5-year ...

MIT-WPU brings future-ready Civil Engineering programs to address modern infrastructural challenges

Pune (Maharashtra) [India], May 20 (ANI/SRV): Under the aegis of the School of Civil Engineering,Keeping in mind the dynamic nature ...

How soaring inflation can be particularly harmful for young people

Inflation rates have become almost impossible to ignore. In the UK, inflation has soared in recent months, now reaching 9% ...

RBI board approves Rs 30,307 cr dividend payment to government

Mumbai (Maharashtra) [India], May 20 (ANI): The Central Board of Directors of the Reserve Bank of India on Friday approved ...

Sensex soars 1,534 points; RIL, Dr Reddy's, Tata Steel surge

Mumbai (Maharashtra) [India], May 20 (ANI): The Indian stock markets posted a strong recovery on Friday with benchmark indices, Sensex ...

US considers offer to Belarus media

Minsk may be granted a waiver in exchange for shipping Ukrainian grain, a US official reportedly saidThe US is considering ...

G7 wants to cap Russian oil price US Treasury

The nations are discussing setting up a cartel to force Moscow to sell crude below the market priceThe Group of ...

Zilingo sacks co-founder and CEO Ankiti Bose for financial irregularities

New Delhi [India], May 20 (ANI): Singapore-based business to business (B2B) fashion technology startup Zilingo said on Friday it has ...

Corporate Professionals managing to acquire 26 pc stake in Advik Capital for Rs 23.75 cr

New Delhi [India], May 20 (ANI/PNN): Corporate Professionals Capital Private Limited is managing to acquire a significant stake in Advik ...

US considers lifting Belarus sanctions media

Minsk may be granted a waiver in exchange for shipping Ukrainian grain, a US official reportedly saidThe US is considering ...

Sensex climbs 1215 points; metal, auto, banking stocks surge

Mumbai (Maharashtra) [India], May 20 (ANI): Recovering from the sharp slump in the previous day, the Indian stock markets' key ...

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Michigan Sun.

More Information
79
Fair in Michigan City

International

Section
EU heads tell Ukraine military supplies will continue

BRUSSELS, Belgium: European Union foreign policy chief Josep Borrell has said that the bloc would ensure Ukraine that it has ...

Bush laments "wholly unjustified and brutal invasion"

Former U.S. President George W. Bush has made an embarrassing mistake in criticizing Russian President Vladimir Putin over his decision ...

US war crimes unit investigates Russian actions in Ukraine

WASHINGTON D.C.: The U.S. State Department has announced the launch of a new program to capture and analyze evidence of ...

Popularity of Indonesian president sinks due to price rises

JAKARTA, Indonesia: A new poll released this week indicated that Indonesian President Joko Widodo's approval rating has hit a six-year ...

Tourist bus in Indonesia strikes billboard, 14 dead

EAST JAVA, Indonesia: A tourist bus crashed into a billboard on a highway on Indonesia's main island of Java this ...

Schools, restaurants in Belgrade evacuated following bomb threats

BELGRADE, Serbia: Belgrade was paralyzed this week by a series of bomb threats, including against schools, bridges, restaurants and a ...

Movie Review

Drag Me to Hell
Drag Me to Hell

Featured story

Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

Read More