SAN FRANCISCO, California: Amidst declining margins and weak sales of outdated clothes of its brands, including Old Navy and Banana Republic, the Gap said it will cut some 500 corporate jobs.The news was first reported by the Wall Street Journal.The company said it is making staff redundant and eliminating positions that are currently open across a range of departments, mainly at its offices in San Franc

Gap stock down 48% in 2022, 500 corporate staff to be let go

Gap cuts 500 corporate jobs due to declining margins

Stock falls after Gap cuts 500 corporate jobs

CAGUAS, Puerto Rico - A growing number of businesses, including grocery stores and gas stations, are temporarily closing across Puerto Rico as power outages caused by Hurricane Fiona drag on in the U.S. territory, sparking concern about the availability of fuel and basic goods.Handwritten signs warning of closures have been popping up more frequently, eliciting sighs and groans from customers on an island where 

Post-Fiona Fuel Disruptions Cause Concern in Puerto Rico

Markets sold off around the world on mounting signs the global economy is weakening just as central banks raise the pressure even more with additional hikes of interest rates.The Dow Jones Industrial Average closed Friday at its lowest point of the year. The S&P 500 fell 1.7%, close to its 2022 low.Energy prices also closed sharply lower as traders worried about a possible recession. Treasury yields, whic

Dow Hits 2022 Low as Markets Sell Off on Recession Fears

Mumbai (Maharashtra) [India], September 23 (ANI): Reliance Retail's JioMart on Friday announced the roll-out of its month-long festival fiesta for the upcoming festival season.
The festival season sale began today and will run until October 23, 2022.
JioMart will host two sales during this time: the 'Tyohaar Ready Sale' and the 'Bestival Sale.'According to Reliance Retail, customers can save up to 80 per cent on electroni

JioMart brings "Tyohaar Ready Sale" for this festival season

Bareilly (Uttar Pradesh) [India], September 23 (ANI): All India Muslim Jamaat president Maulana Shahabuddin Razvi on Friday called upon the Muslim community to stay away from the Popular Front of India (PFI) calling it a "radical group" and urged the central government to impose a ban on it.
Maulana Razvi welcomed the arrest of the PFI leaders across the country.
"PFI is a radical organisation. Its members follow a radica

All India Muslim Jamaat chief calls PFI "radical group", seeks ban

Tokyo [Japan], September 23 (ANI): Artificial Intelligence is shaping humanity across nearly all spheres and industries. Japan's "AI inside" is one of the most progressive artificial intelligence firms that provides artificial intelligence solutions to people and firms all over the world.
The services provided by "AI inside" include the "DX Suite", which enables digitising information from paper documents and analogue dat

AI Inside provides artificial intelligence technology in Japan

Kochi (Kerala) [India], September 23 (ANI): Police took five Popular Front of India (PFI) workers into custody after the members of the outfit allegedly vandalised shops and obstructed traffic in Kochi on Friday.
According to police, PFI workers tried to forcefully shut the shops. They also vandalised some shops which were not ready to shut down.
Police said the PFI members also tried to stop vehicles. Following this, fiv

PFI workers vandalize shops, stop vehicles in Kochi

New Delhi [India], September 23 (ANI): The recent changes in India's rice exports policy have been done keeping in mind the need to support the ethanol-blending programme that saves costly oil imports and to help the animal husbandry and poultry sectors by reducing the cost of animal feed that has a bearing on the price of milk, meat and eggs.
The amendments in rice-export rules have helped keep a check on domestic prices

Fact Sheet: Amendment in India's rice exports policy and rationale behind it

&copy; Provided by Xinhua BEIJING, Sept. 22 (Xinhua) -- China's consumer market has logged rapid development in the last decade, with its structure becoming more balanced and new business forms gaining steam, an official report showed on Thursday.Retail sa

China&#039;s consumption market expands with strong impetus over decade

The 2022 version of the NASCAR Cup Series playoffs are proving to be as competitive as any in recent memory.

Now the Round of 12 begins this Sunday afternoon with the AutoTrader EchoPark Automotive 500 at Texas Motor Speedway (3:30 p.m. ET on USA Network, PRN and SiriusXM NASCAR Radio).

The12 championship eligible drivers are separated by only a slight 34 points from top to bottom -- from points leader Chase Elliott to 

Weekend Preview: Texas Motor Speedway

New Delhi [India], September 22 (ANI): Pakistan's economy is forecast to slow to 3.5 per cent in the financial year 2022-23 due to reasons like devastating floods and policy tightening, the Asian Development Bank (ADB) has said in its latest report.
According to the Asian Development Outlook (ADO) 2022 Update, GDP growth in Pakistan in the financial year 2021-2022 was propelled by higher private consumption and an expansi

Pakistan economy to slow to 3.5% in FY23: ADB report

Mexico City [Mexico], September 22 (ANI): Mexico was jolted by another massive earthquake of 6.8 magnitudes, days after the 7.7 hit here, where at least two people were reportedly killed.
"Notable quake, preliminary info: M 6.8 - 46 km SSW of Aguililla, Mexico," US Geological Survey tweeted today.
Earlier on Monday, an earthquake of magnitude 7.7 jolted the southwestern coast of Mexico on Monday that killed two people.
Th

Another massive quake rocks Mexico

New Delhi [India], September 22 (ANI): Indian food aggregator platforms Swiggy and Zomato have featured in world's 'Top 10' e-commerce-based food delivery companies.
A report published by Canada-headquartered global research firm ETC Group titled 'Food Barons 2022 - Crisis Profiteering, Digitalization and Shifting Power' placed Swiggy and Zomato the 9th and 10th spot, respectively.
The most important part is that both of 

India's Swiggy, Zomato amongst Top 10 global food delivery platforms

New Delhi [India], September 21 (ANI): A Delhi Court on Wednesday extended the police remand of Aam Aadmi Party (AAP) MLA Amanatullah Khan for five days in a corruption case related to alleged irregularities in Delhi Waqf Board appointment under his chairmanship.
He was produced before the court after 4 days of remand.
The Anti Corruption Bureau (ACB) said that money was sent to Dubai and other money transactions need to 

Court extends Amanatullah Khan's police remand

Johannesburg, South Africa - The South African flag is increasingly decorating labels on garments at major retail chains across the country. It's an effort to bolster the country's clothing and textile sector.More than half of the textiles sold by South African retailers are imported from abroad, according to the government, and nearly 60% of those imports come from China.Retailers signing on to a master 

South African Clothing Retailers Reducing Reliance on Chinese Imports

Moscow - More than 1,300 people have been arrested at demonstrations across Russia against President Vladimir Putin's announcement of a partial mobilization of civilians to fight in Ukraine, a police monitoring group said Wednesday.The OVD-Info monitoring group counted at least 1,332 people detained at rallies in 38 cities across the country after Putin's morning address to the nation.The protests were th

More Than 1,300 Arrests in Russia Mobilization Protests, Monitor Says

By Shalini BhardwajNew Delhi [India], September 21 (ANI): Edmond Scanlon, Group CEO and Executive Director of Ireland-based global nutritional foods leader Kerry Group, said India is a critically important market for the Group and it will be an even bigger market in the next 5-10 years.
"It's already one of our top five countries, globally," the CEO told ANI in an exclusive interview.
He is currently in India -- his maide

India a critically important market for Kerry Group, says CEO Edmond Scanlon

Amaravati (Andhra Pradesh) [India], September 21 (ANI): The Andhra Pradesh Legislative Assembly on Wednesday passed nine bills, including the Andhra Pradesh Labour Welfare Fund (Second Amendment) Bill, by voice vote.
The Andhra Pradesh Labour Welfare Fund (Second Amendment) Bill 2022 was moved by Minister for Labour Employment, Training and Factories G Jayaram.
The bills include Andhra Pradesh Shops and Establishments (Am

Andhra Pradesh: Legislative Assembly passes nine bills

New Delhi [India], September 21 (ANI) Gross non-performing assets (GNPAs) of banks are likely to decline by 90 basis points (bps) to 5 per cent this year and further improve to a decadal low of 4 per cent by March 31, 2024, pushed by post-pandemic economic recovery and higher credit growth, said rating agency Crisil on Wednesday.
The credit rating agency also said the banking sector's asset quality will also benefit from 

Banks may see bad loans fall to a decadal low of 4% by March 2024: Crisil report

New Delhi [India], September 21 (ANI): Volatility in supply-chain disruptions in and around China is "bound to appear" in the coming months as the country will likely maintain its targeted zero-Covid policy through at least the end of this year, said Moody's Analytics.
Also, regional shipping disruptions could be further exacerbated if China's reactions to evolving US-Taiwan relations lead to the kind of military drills t

Supply-chain disruptions in China likely to appear in coming months: Moody's Analytics

BRUSSELS, Belgium: In response to a new escalation in Russia's war against Ukraine, the European Union is considering an oil price cap, further restrictions on high-tech exports to Russia and more sanctions against individuals.The move by the EU's 27 member states was spurred by an announcement this week of a partial mobilization for the war and support for plans to annex parts of Ukraine controlled by Russia.<

EU weighs price caps on Russian gas, ending hightech exports to Russia

EU eyes new sanctions against Russia

EU considers new sanctions against Russia, including cap on gas prices

BURNABY, Canada: Hydrogen fuel cell maker Loop Energy has announced that its latest hydrogen cell truck motor provides better fuel economy than a diesel engine. Based upon a pan-European diesel cost of $1.91 per litre and $10 per kilogram of hydrogen, a truck can travel just over 111 miles (179 kilometres) on $100 worth of fuel using its new S1200 hydrogen fuel cell system, compared with some 109 miles for an eq

Loop Energy: New hydrogen fuel cell engine more efficient than diesel

Loop Energy hydrogen cell engine designed for long-haul trucking

Loop Energy says new hydrogen engine as economic as diesel

BUDAPEST, Hungary: Prime Minister Viktor Orban's chief of staff, Gergely Gulyas, said in an effort to protect households from surging inflation Hungary has extended price caps on fuel and basic food products by three months, continuing until the end of the year. Budapest has sharply criticized the European Union for imposing sanctions on Russia over its invasion of Ukraine, claiming they have caused surging food

Hungary to maintain energy, food price caps till end of year

Hungary extends energy, food price caps amidst surging inflation

Hungary, critical of Russian sanctions, continues price caps

ATLANTA, Georgia: Delta Air Lines is taking steps to using biofuel to power its aircraft. Currently, the U.S Renewable Fuel Standard requires U.S. refiners to add increasing amounts of biofuels into the nation's fuel supplies each year. Delta bought a Pennsylvania oil refinery 10 years ago, in a bid to reduce its fuel costs. This was the first refinery to be purchased by an airline. Plans call for 

Delta Air sees big savings in shifting towards biofuels

Delta Air Lines readies refinery to process biofuels

Delta Air Lines' oil refinery to blend biofuels

Luanda, Angola - Thousands of Angolans protested Saturday against what they said was a flawed election last month that returned the ruling MPLA to power after nearly five decades of uninterrupted rule.Angola's Constitutional Court threw out a complaint filed by the runner-up, opposition party UNITA, in the August 24 election.UNITA, a former rebel group who fought the ruling People's Movement for the Liber

Thousands in Angola&#039;s Capital Protest Alleged Electoral Fraud

WASHINGTON D.C.: The U.S. Transport Department has announced that the Biden administration has approved the expansion of U.S. flights to Havana, Cuba. On top of the current six daily American Airlines flights and three JetBlue flights on weekdays to Havana from Florida airports, the approval will add 13 weekly American Airlines departures from Miami and a weekly JetBlue departure from Fort Lauderdale, Florida be

US decision means more flights to Havana, other Cuban cities

US approves new American Airlines, JetBlue flights to Havana

US to allow more tourist flights to Cuba

HONG KONG: To keep the city connected with the rest of the world, while ensuring an "orderly opening-up," Hong Kong officials said they will soon make an announcement regarding its controversial COVID-19 hotel quarantine policy for all arrivals. The city's leader, Chief Executive John Lee, said Hong Kong needed to retain its competitiveness, and authorities were keen to bring back events and activities to the ci

Seeking to reopen to world, Hong Kong to reduce Covid restrictions

Hong Kong prepares announcement on COVID-19 quarantine policy

Hong Kong expected to reduce strict COVID-19 quarantine policy

BANGKOK, Thailand: Online travel agency Agoda predicts that Asian tourists will resume international travel at pre-pandemic levels by 2024. The company's CEO, Omri Morgenstern, said he expects tourists from Asian countries, excluding China, to not begin traveling for another six months after COVID-19 restrictions are lifted to travel confidently. "Korea opened up two months ago but numbers are 40 percent 

Tourism leader sees outbound Asian travel returning by 2024

Agoda: Asian tourists to hit pre-pandemic levels by 2024

Asian tourists to return to large numbers by 2024, says Agoda CEO

PARIS, France: Airbus Helicopters CEO Bruno Even has said that he expects new orders and deliveries to continue rising in 2022, as new energy supply demands and higher military spending are driving a recovery in the rotary-wing sector, according to Reuters. Demand for helicopters suffered less from the COVID-19 shutdowns than the airline industry, due to their role in critical public services, but the energy cri

Jump in military spending sees more orders for Airbus helicopter

Airbus sees helicopter sales rise due to increased military spending

After Russian war in Ukraine, Airbus reports more helicopter orders

TAIPEI, Taiwan: Premier Su Tseng-chang has announced that Taiwan plans to end its mandatory COVID-19 quarantine for all arrivals to the country. Despite many Asian countries relaxing their COVID-19 restrictions or lifting them completely, Taiwan has kept its entry and quarantine rules in place, but in June it cut the number of quarantine days for arrivals from seven to three. With more than 99 percent of 

Among last countries, Taiwan ends COVID-19 quarantine for arrivals

Taiwan to end COVID-19 quarantine for those entering country

Taiwan announces plans to end COVID-19 quarantine for new arrivals

Dakar - A 48-hour strike by air traffic controllers in West and Central Africa has been suspended, their union said Saturday.The strike, which started Friday, has disrupted flights across the region and left hundreds of passengers stranded at airports Saturday.The Union of Air Traffic Controllers' Unions (USYCAA), which called the wildcat strike, said in a statement it decided to suspend its strike notice

Air Traffic Controllers Suspend Strike in West and Central Africa

Mirzapur (Uttar Pradesh) [India], September 24 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath, while inspecting the ongoing construction work of the Vindhya Corridor on Saturday directed the officers to complete the work in six months.
The UP CM was inspecting the ongoing construction work of the Vindhya Corridor after offering prayers to Maa Vindhyavasini in Mirzapur, ahead of the Sharadiya Navratri starting on Mond

Vindhya Corridor should be completed in six months: CM Yogi to officials

The industry is facing rising jet fuel costs and post-pandemic financial problemsAir travel could become even more expensive in the coming months, CNBC reported this week, citing top aviation executives.A decline in US refining capacity resulting in more expensive jet fuel, and financial troubles for the airlines due to the pandemic were given as reasons for the potential price increases 

Airline ticket prices forecast to climb higher

New Delhi [India], September 24 (ANI): The Delhi Lieutenant Governor on Saturday directed the Chief Secretary to lodge an FIR against Delhi Jal Board officials and others for embezzlement of Rs 20 crore, said a statement.
The LG has also instructed that Officers/Officials of the Delhi Jal Board involved in the above siphoning of funds may be identified, their responsibility fixed and a report on the action taken thereof t

Delhi L-G directs Chief Secretary to lodge FIR against DJB, others for embezzlement of Rs 20 crore

dakar, senegal - An air traffic control strike grounded flights in and out of West and Central Africa on Friday, causing chaos for passengers traveling to Europe and the United States and inside the continent.Staff at the Agency for Aerial Navigation Safety in Africa and Madagascar (ASECNA), which regulates air traffic across 18 countries, stopped working Friday during a dispute over working conditions and pay, 

Africa Air Traffic Control Strike Grounds Flights Across Region

Hyderabad (Telangana) [India], September 24 (ANI): Telangana Chief Minister K Chandrashekhar Rao said that the state secures first place in the Swachh Bharat Grameen rankings in the large states category under the Swachh Bharat Mission is a "reflection of the state government's performance" and "transparent governance".
The rankings were announced by the Ministry of Jal Shakthi's National Jal Jeevan Mission.
"Telangana, w

Telangana secures first place in Swachh Bharat Grameen rankings, KCR calls it "reflection of transparent governance"

Bhubaneswar (Odisha) [India], September 24 (ANI): A Lookout Circular has been issued against the director of a real estate company in Odisha for allegedly cheating the investors to the tune of Rs 20 crore on the pretext of providing them dispute-free flats in its apartment project, said police on Friday.
Following the request of the Economic Offence Wing (EOW), Bhubaneswar, the Bureau of Immigration (BoI) issued the circu

Odisha: Lookout circular issued against builder in Rs 20 cr cheating case

New Delhi [India], September 23 (ANI): In line with the decision of the Government of India, a total of 1,924 Private Security Agency (PSA) security personnel will be deployed at 60 airports in place of the Central Industrial Security Force (CISF) posted at non-core duty posts, said the officials on Friday.
The above decision will reduce the security expenditure and these CISF personnel can be deployed at other airports w

Private security personnel to be deployed at 60 airports

New Delhi [India], September 23 (ANI): Olympic bronze medal-winning Indian hockey team goalkeeper PR Sreejesh on Friday posted a tweet in which he expressed his disappointment at IndiGo airlines for charging him extra for his "goalkeeper baggage".
The goalkeeper highlighted that the International Hockey Federation (FIH) allows him to carry a hockey stick which is over 40 inches, however on the contrary the airline demande

Indian hockey goalkeeper PR Sreejesh slams IndiGo over extra charges for carrying "goalkeeper baggage"

Beijing [China], September 23 (ANI): European corporate investment in China is slackening as the country's real estate market is slumping, consumer spending drying up because of stringent "Covid zero" policies, as well as American investment is also faltering because of geopolitical tensions.
The signs are ominous for the Chinese economy as foreign investments are limited to a handful of multinationals, reported The Strai

European investments in China slackening

ISLAMABAD - A new report has found Pakistan to be among five countries across the world 'least resilient' to the effects of natural disasters, as the South Asian nation grapples with the catastrophic flooding and ensuing emergencies.The report from the Lloyd's Register Foundation World Risk Poll released this week is based on interviews from more than 125,000 people, conducted by Gallup, in 121 countries last ye

Flood-Ravaged Pakistan Among 5 Nations &#039;Least Resilient&#039; to Disasters

HONG KONG - Hong Kong said it will scrap its controversial COVID-19 hotel quarantine policy for all arrivals beginning Monday, more than 2.5 years after it was first implemented, in a long-awaited move for many residents and businesses in the financial hub.All international arrivals will be able to return home or to accommodation of their choice but will have to self-monitor for three days after entering the Chi

Hong Kong Says It Will Scrap COVID Hotel Quarantine

Faced with more military setbacks in Ukraine, Russia seeks to rope in four regions by staging referendums widely denounced as a sham, and President Vladimir Putin decrees a "partial" mobilization in a bid to bolster the ranks of his struggling forces. Will that move backfire at home?Here are some of the key developments in Russia over the past week and some of the takeaways going forward.Legacy Of

The Week In Russia: Desperate Times, Desperate Measures?

Washington [US], September 23 (ANI): Hollywood star Ana de Armas finds it "disgusting" that her nude scenes from the highly anticipated Netflix film "Blonde" will most likely go viral on the internet.
According to Fox News, the fictional biopic "Blonde," which is based on the biography of Marilyn Monroe, marks its streaming service debut on September 28.
De Armas spoke openly about her anticipated response to the nude sce

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