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Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
Aussie rallies to five-month high after Labor's election win
Aussie rallies to five-month high after Labor's election win
May 25, 2025
The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
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Equity Markets Fall as Traders Parse Consumer Spending Report
Equity Markets Fall as Traders Parse Consumer Spending Report
Jun 28, 2024
04:48 PM EDT, 06/28/2024 (MT Newswires) -- US benchmark equity indexes closed lower Friday as markets assessed a report showing consumer spending rose less than expected in May. The Nasdaq Composite fell 0.7% to 17,732.6, while the S&P 500 lost 0.4% to 5,460.5. The Dow Jones Industrial Average dropped 0.1% to 39,118.9. Communication services posted the steepest decline among sectors,...
Wall St Week Ahead-Jobs, inflation data may break the US Treasury market out of narrow range
Wall St Week Ahead-Jobs, inflation data may break the US Treasury market out of narrow range
Jun 30, 2024
NEW YORK, June 28 (Reuters) - A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow trading range. Yields on benchmark U.S. 10-year Treasuries, which move inversely to bond prices, have bounced between about 4.20% and 4.35% since mid-June, as the market digested data showing slowing...
S&P 500 Edges Down on Week, Still Logs Strong Gain for First Half of 2024
S&P 500 Edges Down on Week, Still Logs Strong Gain for First Half of 2024
Jun 28, 2024
04:53 PM EDT, 06/28/2024 (MT Newswires) -- The Standard & Poor's 500 edged down for its first weekly loss since late May, though the index rose almost 15% in the first half of 2024. The S&P 500 ended Friday's session at 5,460.48, down slightly from last week's closing level of 5,464.62. With this being the only week the market benchmark...
US STOCKS-Futures inch up as focus shifts to jobs data
US STOCKS-Futures inch up as focus shifts to jobs data
Jul 1, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Futures up: Dow 0.18%, S&P 500 0.11%, Nasdaq 0.04% July 1 (Reuters) - U.S. stock index futures edged higher on Monday ahead of manufacturing PMI data, with focus also on U.S. labor market numbers later in the week that...
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INSIGHT-How chip giant Intel spurned OpenAI and fell behind the times
INSIGHT-How chip giant Intel spurned OpenAI and fell behind the times
Aug 7, 2024
SAN FRANCISCO, Aug 7 (Reuters) - For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called...
How chip giant Intel spurned OpenAI and fell behind the times
How chip giant Intel spurned OpenAI and fell behind the times
Aug 7, 2024
SAN FRANCISCO (Reuters) - For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different.  About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called generative artificial...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Aug 7, 2024
Aug 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** U.S. private equity firm KKR&Co ( KKR ) plans to help Japan's Fuji Soft go private under a management buyout worth about $4.09 billion, the Nikkei website said. ** British ad group WPP ( WPP ) is selling its controlling stake...
Belgium's imec reports breakthroughs with new ASML chip printing machine
Belgium's imec reports breakthroughs with new ASML chip printing machine
Aug 7, 2024
AMSTERDAM (Reuters) - Belgium's imec, one of the world's top semiconductor R&D firms, on Wednesday reported several computer chip-making breakthroughs at a joint laboratory it operates with ASML, using the Dutch company's newest 350 million euro ($382 million) chip printing machine. imec said it had successfully printed circuitry as small or smaller than the best currently in commercial production, for...
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Market Chatter: Novo Nordisk to Reclassify Senior Management Titles
Market Chatter: Novo Nordisk to Reclassify Senior Management Titles
Sep 16, 2025
09:29 AM EDT, 09/16/2025 (MT Newswires) -- Novo Nordisk ( NVO ) will overhaul job titles across its senior management ranks starting next year as part of a restructuring under new Chief Executive Maziar Mike Doustdar, Bloomberg reported Tuesday, citing an internal company memo. The changes will affect only titles and will not alter pay, benefits or job levels, according...
Form 8.3 - IQE PLC
Form 8.3 - IQE PLC
Sep 16, 2025
MILWAUKEE--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Artisan Partners Limited Partnership (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...
Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
Sep 16, 2025
09:25 AM EDT, 09/16/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Tuesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.1% lower and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) up 0.4%. Dave & Buster's Entertainment (PLAY) stock was down nearly 20% after the company reported fiscal Q2 adjusted earnings and revenue that...
Shimmick Selected for $78 Million New Contracts in California, Washington
Shimmick Selected for $78 Million New Contracts in California, Washington
Sep 16, 2025
09:27 AM EDT, 09/16/2025 (MT Newswires) -- Shimmick ( SHIM ) said Tuesday it has been selected for award on two new contracts with a combined value of about $78 million for transportation projects in California and Washington. The company said it was selected for the $29.6 million Santa Monica Pier bridge replacement project, for which work is slated to...
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