Category: Business News & Economy

In a noteworthy twist in the service industry, a Chinese entrepreneur has introduced an innovative venture that provides professional itch-scratching services. Paying customers can enjoy the soothing touch of trained staff who alleviate their discomfort, ensuring a state of relaxation. The concept has quickly resonated in bustling urban centers like Shenzhen, where business is booming….

Investors await crucial inflation data next week which may decide the Fed’s interest rate move. The S&P 500 index is nearing its record high while facing market volatility. Producer and Consumer Price Index reports will offer insights into August’s inflation trends. Odds for a Fed rate hike are currently around a coin flip. Treasury yields…

Garima Pura, co-writer of The Elephant Whisperers, joins five Asian filmmakers at Busan. She values the platform for its focus on Asian talent and international funding exposure. Pura balances mainstream projects with her independent drive for unique stories and protagonists. Her upcoming Punjabi short film Kosi Sardi features two elderly women in a nuanced friendship….

With Saturn influencing Pisces, your career trajectory and professional integrity come into sharper focus. Mercury’s presence in Virgo amplifies issues related to home, property, and strategic decision-making. As the Moon moves into Cancer, there’s a heightened awareness of financial matters concerning family. Expect intensified interactions when the Moon shifts into Leo on September 9. A…

US job growth data boosted Federal Reserve rate hike expectations. Treasury yields and the dollar strengthened after the positive jobs report. Major US stock indexes and global stocks experienced a broad selloff. Oil prices rose due to renewed attacks in the US-Iran war. Investors now await inflation data before the Fed’s September decision.

In a significant operation, Punjab Police captured Manjit Singh Bedi in Jalandhar on Friday. He was on the FBI’s radar for reportedly cheating the US government of $600,000. Bedi allegedly turned benefits from a US welfare scheme into cash at his grocery store before fleeing to India, having breached his supervision terms in the US….

In an unexpected twist, a man from Bengaluru found a beedi tucked away in his pav bhaji order from Zomato. The startling discovery led Zomato to issue a coupon as a goodwill gesture. Meanwhile, social media buzzed with jokes and worries over hygiene practices. The blame game over the packaging mishap continues, shedding light on…

European markets wrapped up the week with a dip, influenced by ongoing Middle East tensions and persistent inflation apprehensions. A positive turn from Volkswagen shares provided some needed support after they revealed a new strategic plan. Investors are now keenly awaiting US inflation metrics to gauge potential shifts in the Federal Reserve’s interest rate stance.

China landslide: More than 10 buried in Jiangxi days after Typhoon Saudel triggers torrential rain, floods

Oil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel prices in the U.S. are fueling global inflation concerns. Supply chain disruptions in the Middle East are dealing a blow to crude oil futures. Analysts warn of potential further increases if the conflict deepens. Additionally, positive…