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Fitch downgrades US credit rating from AAA to AA+
Fitch downgrades US credit rating from AAA to AA+
The US government's credit rating has been downgraded following concerns over the state of the country's finances and its debt burden.
Fitch, one of three major independent agencies that…
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Asian Market News: US macro ‘pain trade’ bites
Asian Market News: US macro 'pain trade' bites
Several indicators, from big Wall Street banks' client surveys to futures market positioning data, show investors are not positioned for that.
A look at the day ahead in Asian markets from…
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Hinton Pulp Mill Acquisition Supports Growth in Mondi’s Americas Paper Bags Business
Hinton Pulp Mill Acquisition Supports Growth in Mondi’s Americas Paper Bags Business
Mondi has agreed to acquire Hinton Pulp mill in Alberta, Canada from West Fraser Timber Co. Ltd for USD 5 million.
Intention to invest a further €400…
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NEW BST NBL Phase Ii Project Will Help Improve Map Ta Phut’s Carbon Footprint With More…
NEW BST NBL Phase Ii Project Will Help Improve Map Ta Phut's Carbon Footprint With More Sustainable Processes
The new BST Phase II project will lead to a reduction in CO2 generation, improving the carbon footprint of the Map Ta Phut…
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US biggest export destination for Indian smartphones in April-May: Govt data
US biggest export destination for Indian smartphones in April-May: Govt data
The smartphone exports to the US jumped multiple times to USD 812.49 million during the first two months of this fiscal as against USD 92.2 million in April-May…
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Glenmark gets USFDA nod to market generic diabetes drug
Glenmark gets USFDA nod to market generic diabetes drug
The company has received final approval from the US Food & Drug Administration (US FDA) for Saxagliptin Tablets (2.5 mg and 5 mg), the generic version of AstraZeneca's Onglyza1…
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‘Barbenheimer’ box office success has reawakened America’s moviegoing muscle
‘Barbenheimer’ box office success has reawakened America’s moviegoing muscle
New York CNN—It’s a tale of two movies and a box office triumph: “Barbie” and “Oppenheimer” maintained incredible momentum into their second weekends.
“Barbie”…
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Origin Materials and Husky Achieve Commercialization Milestone for Advanced Packaging
Origin Materials and Husky Achieve Commercialization Milestone for Advanced Packaging
Recyclable PET polymer incorporating FDCA successfully processed into preforms using Husky’s commercial-scale injection molding equipment and…
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Rupee falls 5 paise to close at 82.23 against US dollar
Rupee falls 5 paise to close at 82.23 against US dollar
The Indian rupee depreciated 5 paise to close at 82.23 (provisional) against the US dollar, tracking surging crude oil prices and a strong greenback against major rivals overseas.…
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Big business lobbies against heat protections for workers as US boils
Big business lobbies against heat protections for workers as US boils
It could take years for the federal regulator Osha to set new heat rules as excessive temperatures are killing Americans at work
Big-business lobbyists, including big…
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