China’s exports sink 14.5% in July from a year ago, adding to pressure to shore up flagging economy
By The Associated Press on August 7th, 2023
BEIJING (AP) – China’s exports plunged 14.5% in July compared with a year ago, adding to pressure on the ruling Communist Party to reverse an economic slump. Exports fell to $281.8 billion as the decline widened from June’s 12.4% fall, customs data showed Tuesday. Imports fell 12.4% to $201.2 billion in a sign of weak ... Read More »
Be the first to comment!Stock market today: Wall Street rises to regain momentum after last week’s lull
By Stan Choe, The Associated Press on August 7th, 2023
NEW YORK (AP) – Stocks closed higher as Wall Street regained momentum after its big rally for the year took a pause last week. The S&P 500 rose 0.9% Monday to recover more than a third of its loss from last week. That was its first losing week in the last four. The Dow added ... Read More »
Be the first to comment!WSP Global sells subsidiary of Louis Berger engineering firm to U.S.-based Versar
By The Canadian Press on August 7th, 2023
MONTREAL – WSP Global Inc. says it has sold Louis Berger Services Inc. to Versar Inc. less than five years after buying the engineering and design firm’s parent company. Montreal-based WSP acquired Louis Berger Holdings Inc., which specializes in operations and maintenance at military installations and transport infrastructure, for $400 million in December 2018. The ... Read More »
Be the first to comment!Canadian Armed Forces to phase out old housing benefit over three years
By The Canadian Press on August 7th, 2023
OTTAWA – Canada’s military has created a new program to gradually phase out its old housing benefit after hearing feedback from members who were set to lose the payments. The Armed Forces announced plans in March to create a new housing allowance that is based on salary, rather than where a soldier is posted. It ... Read More »
Be the first to comment!Saudi oil giant Aramco reports $30B in profits, down nearly 40% from last year due to lower prices
By Baraa Anwer, The Associated Press on August 7th, 2023
DUBAI, United Arab Emirates (AP) – Saudi state-run oil giant Aramco on Monday reported $30 billion in second quarter profit, a nearly 40% decline from the same period the previous year that it attributed to lower oil prices. Total sales stood at just over $106 billion, down from $150 billion in the second quarter of ... Read More »
Be the first to comment!The Mega Millions jackpot has soared to $1.55 billion. Here’s how hard it is to win
By Associated Press, The Associated Press on August 7th, 2023
NEW YORK (AP) – There’s no shaking it. Your chances of winning the lottery are extremely slim. After no big winner Friday night, the Mega Millions jackpot climbed to an estimated $1.55 billion. If someone wins it all on Tuesday, when the next Mega Millions drawing takes place, the prize would one of the largest ... Read More »
Be the first to comment!Stock market today: Wall Street opens higher, regaining some momentum after a rare down week
By Yuri Kageyama And Matt Ott, The Associated Press on August 7th, 2023
NEW YORK (AP) – Stocks are rising in early trading as Wall Street regains some momentum after its big rally for the year took a pause last week. The S&P 500 was 0.5% higher Monday, coming off its first losing week in the last four. The Dow was up 208 points, or 0.6%, and the ... Read More »
Be the first to comment!Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles
By The Associated Press on August 7th, 2023
NEW YORK (AP) – Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide. The Chapter 11 bankruptcy, which was filed Sunday, comes just three years after Yellow received $700 million in pandemic-era loans from the federal government. ... Read More »
Be the first to comment!Saudi Arabian oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year
By The Associated Press on August 7th, 2023
DUBAI, United Arab Emirates (AP) – Saudi Arabia’s state-run oil giant Aramco made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous year, which it attributed to lower crude oil prices. Total sales stood at just over 400 billion riyals (about $106 billion), down from 562 ... Read More »
Be the first to comment!Saudi Arabia’s oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year
By The Associated Press on August 7th, 2023
DUBAI, United Arab Emirates (AP) – Saudi Arabia’s state-run oil giant Aramcobrought in $30 billion in revenues in the second quarter, a nearly 40% decline from the same period the previous year, which it attributed to lower crude oil prices. Total sales stood at just over 400 billion riyals (about $106 billion), down from 562 ... Read More »
Be the first to comment!How you walk could shape the future of biometrics: experts
By Tara Deschamps, The Canadian Press on August 6th, 2023
Canadians have been unlocking iPhones with their fingerprint since 2013 and are sometimes exposed to facial recognition software before boarding planes, but when it comes to biometric technology, Erik Scheme and Mayssa Rekik are one step ahead. The associate director of the University of New Brunswick’s Institute of Biomedical Engineering and the advanced technologies undergraduate ... Read More »
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