Automaker rebound boosts US industrial production in March
DETROIT: US industrial production climbed in March as automakers shifted into gear despite the ongoing semiconductor shortage, the Federal Reserve said.
DETROIT: US industrial production climbed in March as automakers shifted into gear despite the ongoing semiconductor shortage, the Federal Reserve said.
WASHINGTON: US President Joe Biden announced his intention to nominate Michael Barr for the key position of vice chair for supervision of the Federal Reserve, one month after his first pick dropped out.
BEIJING: China Eastern Airlines resumed flying Boeing 737-800 aircraft on Sunday, flight tracking data showed, just weeks after it grounded 223 planes over a crash that killed 132 people.
KEY WEST: The island-city of Key West off the southern tip of Florida invites visitors to stroll slowly, enjoy turquoise waters and take in the sunset.
GREENSBORO, U S: President Joe Biden hailed US innovation on a visit to the south to promote his efforts to combat inflation, jumpstart high-tech manufacturing and return the United States to pole position in the global economy.
WASHINTON: Even for the richest person on the planet, buying Twitter was always going to be a challenge-a highly complex financial transaction now made even trickier by a defensive “poison pill” move from the platform’s board.
COLOMBO: Sri Lanka on Saturday announced a five-day share trading halt after the crisis-hit country hiked interest rates and declared a default on its external debt during the traditional New Year holiday, as trade unions and top cricket stars joined protests demanding the president’s resignation.
ISLAMABAD: Pakistan’s new Prime Minister Shehbaz Sharif said Thursday the country’s economy had stagnated under his predecessor Imran Khan, setting the tone for possibly months of bitterness before an election that must be held by October next year.
WASHINGTON: The war in Ukraine has undercut the global recovery, slowing expected economic growth in most countries in the world, IMF Managing Director Kristalina Georgieva said Thursday.
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