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February 25, 2021 03:47 PM IST GameStop shares rose as much as 240 percent in premarket trading and were up 210 percent as of 0741 GMT. The surge comes after a couple of weeks that saw the shares move in relatively tighter ranges.
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February 25, 2021 12:56 PM IST "We're continuing to work with global regulators and our customers to return the 737 MAX to service worldwide," Boeing Vice President Commercial Marketing Darren Hulst told reporters during a briefing on the Southeast Asian market. "But we are going to defer to regulators individually for more information on the timing of recertification by domicile."
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February 25, 2021 12:38 PM IST Crown Prince Mohammed bin Salman, the son of King Salman, has amassed immense powers in the kingdom since being appointed heir to the throne in 2017.
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February 25, 2021 12:20 PM IST The dollar has hit multi-year lows this week, despite a jump in US yields, on the Federal Reserve's dovish tone and as risk appetite improved due to vaccination efforts, with investors now looking to high-growth economies that will benefit from a pick-up in global trade.
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February 25, 2021 11:28 AM IST Absolute poverty has been eradicated in the world's most populous country, Xi announced while addressing a gathering held here to mark the country's accomplishments in poverty alleviation and honour its model poverty fighters.
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February 25, 2021 11:22 AM IST A Green Card, known officially as a Permanent Resident Card, is a document issued to immigrants to the US as evidence that the bearer has been granted the privilege of residing permanently.
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February 25, 2021 10:56 AM IST The Boeing Co 777 plane had flown nearly 3,000 cycles, equivalent to one take-off and landing, which compares to the checks every 6,500 cycles mandated after a separate United engine incident in 2018, said the sources.
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February 25, 2021 10:08 AM IST Willian Burns, 64, a former diplomat who served in Russia and the Middle East, shared the assessment with members of the Senate Select Committee on Intelligence during his confirmation hearing on Wednesday for the post of Central Intelligence Agency (CIA) Director.
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February 25, 2021 09:48 AM IST China will seek to keep average levels of small, hazardous airborne particles known as PM2.5 at 34.5 micrograms per cubic metre over the course of 2021, the environment ministry said on Thursday.
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February 25, 2021 09:47 AM IST "Events since the February 1 coup, including deadly violence, have precipitated a need for this ban," Facebook said in a blog post. "We believe the risks of allowing the Tatmadaw (Myanmar army) on Facebook and Instagram are too great."
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February 25, 2021 09:44 AM IST The deal, codenamed “Project PEAR” (Personal Electric Automotive Revolution), is looking at markets globally, including North America, Europe, China and India, Fisker said.
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February 25, 2021 09:27 AM IST Republican Study Committee Chairman Congressman Jim Banks and Senator Tom Cotton on Wednesday introduced the Countering Chinese Propaganda Act.
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February 25, 2021 08:01 AM IST Biden, who like Donald Trump's administration considered sending masks to all Americans, is instead adopting a more conservative approach, aiming to reach underserved communities and those bearing the brunt of the outbreak. Trump's administration shelved the plans entirely.
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February 25, 2021 07:57 AM IST Up until now, most data on the efficacy of COVID-19 vaccines has come under controlled conditions in clinical trials, leaving an element of uncertainty over how results would translate into the real world with its unpredictable variables.
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February 25, 2021 07:20 AM IST Biden also signed an executive order on Wednesday aimed at addressing the global semiconductor chip shortage that has alarmed the White House and members of Congress, administration officials said.
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February 25, 2021 07:20 AM IST Testifying on Wednesday before the House of Representatives Financial Services Committee, Fed Chair Jerome Powell emphasized the U.S. central bank's promise to get the economy back to full employment, with little worry about inflation unless prices begin rising in a persistent and troubling way.
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February 25, 2021 07:20 AM IST The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, cut output by a record 9.7 million bpd last year as demand collapsed due to the pandemic. As of February, it is still withholding 7.125 million bpd, about 7% of world demand.
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February 25, 2021 07:16 AM IST Coronavirus News Highlights: Today is the 336th day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.
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February 24, 2021 10:32 PM IST "This is a momentous occasion, as the arrival of the COVID-19 vaccines into Ghana is critical in bringing the pandemic to an end," said a joint statement issued by UNICEF and WHO representatives in the African country.
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February 24, 2021 10:17 PM IST Tech stocks are particularly sensitive to rising yields as their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.
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February 24, 2021 09:40 PM IST As crude is priced in dollars, a weaker greenback makes buying the commodity cheaper for holders of other currencies.
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February 24, 2021 08:31 PM IST The selloff has even engulfed Europe, despite its lagging recovery and weak inflation, with Germany posting a 26 bps real 10-year yield increase last week -- the biggest in almost a year.
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February 24, 2021 08:20 PM IST The Nasdaq Composite dropped 64.9 points, or 0.48 percent, to 13400.254 at the opening bell, falling for six out of the last seven sessions.
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February 24, 2021 08:01 PM IST This summer is make-or-break for many airlines and holiday companies which are struggling to survive with close to a year of almost no revenue due to pandemic restrictions.
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February 24, 2021 07:30 PM IST Tune in to the Coronavirus Essential podcast with Shraddha Sharma for the top updates on the pandemic.