© Provided by Xinhua The oil weakness came as traders were worried that U.S. regional banks’ problems may have a negative impact on demand for oil. NEW YORK, March 14 (Xinhua) — Oil prices nosedived on Tuesday, as U.S. bank failures and still hot inflation readings raised concerns about recession risks. The West Texas Intermediate […]

Kiev believes awarding a documentary on Russia while snubbing Zelensky proves the Academy Awards are political Refusing to let Ukrainian President Vladimir Zelensky address the Academy Awards ceremony while handing an Oscar to a documentary about Russian activist Alexey Navalny means politics and movies do mix after all, adviser Mikhail Podoliak tweeted on Monday. “If […]

The expanding pool of Asian buyers is pushing prices higher Chinese private refineries are jostling with their Indian counterparts for April volumes of seaborne Russian ESPO blend oil, Reuters reported this week, citing industry sources. After Western customers opted to shun direct purchases of Russian energy exports, China and India have become major buyers of […]

Srinagar (JammuKashmir) [India], March 11 (ANI): Breaking the age-old taboo and stigma associated with menstruation in rural pockets, a women’s Self Help Group is manufacturing and distributing sanitary napkins under a NABARD-aided project in Narupora village of Kokernag in south Kashmir. Alkaria SHG, popular for its revolutionary initiative in the area, has been sensitizing women […]

NEW YORK, New York – U.S. stocks and the U.S. dollar fell sharply Friday after the release of the February U.S. payrolls report. The Nasdaq Composite dived 199.47 points or 1.76 percent to 11,138.89. The Dow Jones industrials index plummeted 345.22 points or 1.07 percent to 31,909.64. The Standard and Poor’s 500 weakened by 56.73 […]

NEW YORK, March 9 (Xinhua) — Wall Street’s major averages fell sharply on Thursday as investors nervously awaited a key U.S. jobs report that could shape the direction of the Federal Reserve’s next move on rates. The Dow Jones Industrial Average tumbled 543.54 points, or 1.66 percent, to 32,254.86. The S&P 500 sank 73.69 points, […]

NEW YORK, New York – Stocks were easier again on Wednesday following dramatic falls a day earlier as investors continue to get used to changing of the guard, new and higher interest rates replacing those of near zero. .”We think we’re in an entirely new decade of market behavior,” Eaton Vance’s Aaron Dunn said Wednesday. […]

NEW YORK, New York – As the U.S. economy picks up steam, according to recent data, fears are increasing that interest rates will be pushed higher and will stay higher for longer. “The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be […]

NEW YORK, New York – U.S. stocks turned sour Monday, finishing mixed after first eking out modest across-the-board gains. “The market pullback was because there is still a lot of work to do on inflation,” Shawn Cruz, head trading strategist at TD Ameritrade in Chicago told Reuters news agency Monday. “We’re not seeing the type […]

Russia’s defense minister visited Russian soldiers in Ukraine on Saturday. The ministry said in a statement on the messaging app Telegram that Sergei Shoigu “inspected the forward command post of one of the formations of the Eastern Military District in the South Donetsk direction.’ Shoigu has been criticized for Russia’s poor performance in its war […]