The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

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...

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...

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Adani Group is now the second largest cement player after completing the acquisition of ACC and Ambuja last year.

ITC shares have gained more than 85 percent from the 52-week low of Rs 207, touched on February 24, 2022.  

Samir Arora, Founder & Fund Manager at Helios Capital expressed his disappointment in the decision made by Adani to go with a follow-on public offering (FPO) at the earlier price

Birlasoft in October 2019 had announced that it signed a $240 million multi-year deal with Invacare to provide IT services.

Across the recent three months, 8 analysts have shared their insights on Microchip Technology ( MCHP ) , expressing a variety of opinions spanning from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...

In the latest quarter, 5 analysts provided ratings for Rambus ( RMBS ) , showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3...

(Reuters) - Alphabet missed Wall Street estimates for quarterly revenue on Tuesday, in a sign the Google parent was taking a hit from increased competition in the digital advertising market and a slowdown in its cloud computing business. Revenue rose 12% to $96.47 billion in the fourth quarter, compared with the average analyst estimate of $96.56 billion, according to data...

(Reuters) -Alphabet missed Wall Street estimates for quarterly revenue on Tuesday, in a sign the Google parent was taking a hit from increased competition in the digital advertising market and a slowdown in its cloud computing business. The tech giant's shares were down 8% in extended trading. Alphabet has gained about 9% so far this year. Google's Cloud business posted...

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

July 10 (Reuters) - Amylyx Pharmaceuticals Inc ( AMLX ): * AMYLYX PHARMACEUTICALS ANNOUNCES ACQUISITION OF PHASE 3-READY GLP-1 RECEPTOR ANTAGONIST (AVEXITIDE) WITH FDA BREAKTHROUGH THERAPY DESIGNATION * AMYLYX PHARMACEUTICALS INC ( AMLX ) - AVEXITIDE TO ENTER PHASE 3 TRIALS IN Q1 2025 * AMYLYX PHARMACEUTICALS ( AMLX ): ENGAGING IN TALKS WITH BROADER CONGENITAL HI COMMUNITY TO DEVELOP...

Tyson Foods, Inc. ( TSN ) announced its agreement to sell its poultry complex in Vienna, Georgia, to House of Raeford Farms. The financial details of the transaction were not revealed. This move is part of Tyson Foods’ ongoing strategy to optimize its plant network. Despite the sale, Tyson Foods ( TSN ) will continue to meet customer demands through...

(Reuters) -Only one in four U.S. patients prescribed Novo Nordisk's Wegovy or Ozempic for weight loss were still taking the popular medications two years later, according to an analysis of U.S. pharmacy claims provided to Reuters that also showed a steady decline in use over time. The analysis does not include details about why patients quit. But it does offer...

07:14 AM EDT, 07/10/2024 (MT Newswires) -- Trilogy Metals ( TMQ ) said Wednesday that its fiscal second-quarter loss narrowed due to declines in general and administrative costs, the loss attributable to the joint venture Ambler Metals, and stock-based compensation and salaries. The company reported a comprehensive loss for the quarter ended May 31 of U.S.$1.8 million, or U.S.$0.01 per...

Traditional markets in the US are closed on Monday for Memorial Day, but a big flow of economic data will follow during the rest of the week ahead. Trade war fears returned to the markets late last week with Donald Trump stirring the pot again, threatening phone makers and the European Union. This resulted in a slide in tech stocks...

In a dramatic twist befitting the man known as the “10U God of War,” crypto trader James Wynn has exited his headline-grabbing $1.25 billion Bitcoin long with a cool $25 million profit. The crypto whale had wagered his capital on BTC hitting $121,000 this week, leveraging 40x on Hyperliquid. From $87M Highs to a $25M Exit At one point, the...

Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...

Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...