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Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
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FTSE 100 gains on healthcare, defence rally; focus on Ukraine peace talks
FTSE 100 gains on healthcare, defence rally; focus on Ukraine peace talks
Aug 18, 2025
* FTSE 100 gains 0.2%, FTSE 250 ends flat * Asking prices for UK homes drop, but July sales hit 5-year high * Dr Martens ( DOCMF ) gains after Peel Hunt upgrades stock * Babcock jumps after RBC initiates coverage with 'outperform' (Updates with closing levels) Aug 18 (Reuters) - Britain's FTSE 100 closed higher on Monday, propelled by...
Exchange-Traded Funds Mixed, US Equities Fall After Midday
Exchange-Traded Funds Mixed, US Equities Fall After Midday
Aug 18, 2025
01:10 PM EDT, 08/18/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM rose and IVV declined. Actively traded Invesco QQQ Trust (QQQ) fell 0.3%. US equity indexes were lower in midday trading on Monday as geopolitical risk unnerved investors ahead of President Donald Trump's meeting with Ukrainian President Volodymyr Zelensky to discuss the likely tough conditions from Moscow...
Sector Update: Health Care
Sector Update: Health Care
Aug 18, 2025
01:02 PM EDT, 08/18/2025 (MT Newswires) -- Health care stocks rose Monday afternoon, with the NYSE Health Care Index increasing 0.4% and the Health Care Select Sector SPDR Fund (XLV) up 0.3%. The iShares Biotechnology ETF (IBB) advanced 0.2%. In corporate news, Novo Nordisk's ( NVO ) US-listed shares jumped about 5% after it said the US Food and Drug...
Wall Street little changed ahead of corporate results
Wall Street little changed ahead of corporate results
Aug 18, 2025
Most US stock indexes stabilized at the beginning of Mondays trading amid anticipation of a speech by Federal Reserve Chair Jerome Powell as well as the earnings results of some companies. Powell will deliver a speech reviewing the US central banks monetary policy at the Jackson Hole symposium, which includes a number of global central bank officials. Investors are also...
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Twitter vows to fight back Elon Musk in court as Tesla CEO backs out of $44 billion deal over bot accounts
Twitter vows to fight back Elon Musk in court as Tesla CEO backs out of $44 billion deal over bot accounts
Jul 9, 2022
Elon Musk pulling out of the $44 billion deal with micro-blogging site Twitter marks a dramatic turn in a half-year saga that began with Tesla CEO building up an equity stake, lining up an elaborate financing plan and then striking a deal in April. But Musk may not be able to walk away simply
Elon Musk seeks to block Twitter request for expedited trial
Elon Musk seeks to block Twitter request for expedited trial
Jul 16, 2022
Musk’s lawyers, in papers filed with the Delaware Chancery Court, said Twitter’s “unjustifiable request” to rush the merger case to trial in two months should be rejected.
China’s top chipmaker achieves breakthrough despite US curbs
China’s top chipmaker achieves breakthrough despite US curbs
Jul 22, 2022
Shanghai-based manufacturer SMIC is shipping Bitcoin-mining semiconductors built using 7-nanometer technology, industry watcher TechInsights wrote in a blog post on Tuesday. That’s well ahead of SMIC’s established 14nm technology, a measure of fabrication complexity in which narrower transistor widths help produce faster and more efficient chips.
NASA to launch pathfinder CAPSTONE on June 27: Here’s where you can watch it live
NASA to launch pathfinder CAPSTONE on June 27: Here’s where you can watch it live
Jun 24, 2022
The CAPSTONE, a tiny CubeSat about the size of a microwave oven, will become the first spacecraft to fly a specific unique lunar orbit and serve as a pathfinder for other future missions to the moon with a crew. It will be launched Monday, June 27, from Rocket Lab Launch Complex 1 on New Zealand’s Mahia Peninsula. Here’s where you can watch it live.
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Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Mar 21, 2024
BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
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