The United States and Singapore have signed a Memorandum of Understanding on Strategic Civil Nuclear Cooperation. U.S. Ambassador to Singapore Jonathan Kaplan and Dr. Beh Swan Gin, Permanent Secretary of the Singapore Ministry of Trade and Industry, signed the MoU. The NCMOU is expected to...
The UN human rights chief Volker Türk has described the unbearable suffering of former detainees under the deposed Assad regime and insisted that he stands with the people of the war-torn nation as they "rebuild a country that works for all Syrians". Speaking from Damascus after meeting the leader...
The U.S. Department of Transportation has announced that it filed a lawsuit against Southwest Airlines for illegally operating multiple chronically delayed flights and disrupting passengers' travel. DOT filed the lawsuit against Southwest jointly with the Department of Justice in the U.S. District...
Two American astronauts will venture outside the International Space Station on Thursday, conducting a spacewalk to complete station upgrades. The spacewalk is scheduled to begin at 8 A.M. ET, and last about six and a half hours, according to NASA. It will provide live coverage beginning at 6:30 A.M. on NASA+. NASA astronauts Nick Hague and Sunita Williams will replace a rate gyro assembly that
The Office of the United States Trade Representative has alleged that China continues to represent the biggest challenge to the international trading system. The allegation was made in its 2024 Report to Congress on China's WTO Compliance, which details the Biden Administration's assessment of China's membership in the World Trade Organization. "After 23 years of membership in the World Trade Or
More than 45 people were killed in Israeli air strikes in Gaza after a ceasefire deal was announced Wednesday, reports quoting the Hamas-run Civil Defence agency said. Shells fired by the Israeli military planes hit two residential blocks near the coastal neighborhood of Sheikh Radwan, in the Al-Rimal...
European shares traded higher on Thursday as benign U.S. inflation readings kept the door open for potential rate cuts by the Federal Reserve this year. That said, regional gains were capped by weaker-than-expected U.K. GDP data released this morning. The U.K. economy expanded slightly in November...
Quaker Oats Co., affiliated to food and beverage giant PepsiCo, Inc., is recalling select Pearl Milling Co. Original Pancake & Waffle Mix distributed in 11 states, citing the possible presence of undeclared milk, a known allergen. According to the U.S. Food and Drug Administration, the recall involves a limited number of two pound boxes of Pearl Milling Original Pancake & Waffle Mix.
GDP monthly estimates and foreign trade from the UK and final inflation from Germany are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. Economists forecast the economy to grow 0.2 percent on month in November, in contrast to the 0.1 percent fall in October.
European stocks are seen opening a tad lower on Thursday after a sharp rally in the previous session. The commodities-heavy FTSE 100 may open higher as oil extended a powerful early-year advance on mounting risks to global supplies and data indicating a large draw in U.S. crude stockpiles. Trading...
Stocks moved sharply higher early in the session on Wednesday and continued to turn in a strong performance throughout the trading day. The major averages all surged after ending Tuesday's trading narrowly mixed. The rally on Wall Street reflected a positive reaction to the Labor Department's closely watched report on consumer price inflation in the month of December.
A recent study led by Washington State University found that juice of elderberry, one of the most commonly used medicinal plants in the world, is linked with weight management and metabolic health. "Elderberry is an underappreciated berry, commercially and nutritionally," said co-author Patrick Solverson,...
Studies have always suggested that a good sleep is crucial for healthy mental and physical well-being. Based on that, scientists from the University of Copenhagen further explored how a deep sleep cleanses toxins from the brain. Prof. Maiken Nedergaard, the lead author of the study, explained a system...
Stocks have moved sharply higher during trading on Wednesday, with the major averages all showing strong moves to the upside after ending the previous session narrowly mixed. The tech-heavy Nasdaq is posting a standout gain after ending Tuesday's trading at a nearly two-month closing low.
New York manufacturing activity unexpectedly declined in the month of January, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index tumbled to a negative 12.6 in January from a positive 2.1 in December, with a negative reading indicating contraction.
January 10, 2025 12:30 ET The week saw several key releases from major economies as activity gained momentum following the holiday season. Some of the main news for the U.S. economy were the Fed minutes and survey data for the manufacturing sector and the labor market. Inflation data out of the major economies were in focus in Europe. In Asia, several indicators threw light on the state of the Chinese economy.