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Euro backs off two-week high on profit-taking
Euro backs off two-week high on profit-taking
Aug 5, 2025
The euro declined in European markets on Tuesday against a basket of global currencies, extending its losses for the second consecutive day against the US dollar and moving away from a two-week high, due to active correction and profit-taking, alongside a rebound in US dollar levels ahead of key economic data from the United States. Amid the entrenched inflationary pressures...
Yen expands gains to two-week high on Japanese rates prospects
Yen expands gains to two-week high on Japanese rates prospects
Aug 5, 2025
The Japanese yen rose in Asian markets on Tuesday against a basket of major and minor currencies, extending its gains for the third consecutive day against the US dollar and recording its highest level in two weeks, after the minutes of the Bank of Japan's meeting indicated a resumption of monetary policy normalization before the end of this year. In...
The Gulf bets big on artificial intelligence… Is it the new oil?
The Gulf bets big on artificial intelligence… Is it the new oil?
Aug 4, 2025
When Donald Trump landed in the United Arab Emirates earlier this year, he wasnt just bringing headlines with himhe came with deals, ambitions, and soft power in the field of artificial intelligence. The former US president was received with royal honors, but the highlight of the visit was the announcement of a massive AI-focused university campusa joint UAE-US project. This...
US dollar steadies as traders assess trade developments, interest rate forecasts
US dollar steadies as traders assess trade developments, interest rate forecasts
Aug 5, 2025
The US dollar held broadly steady against most major currencies on Tuesday, supported by expectations of interest rate cuts and ongoing monitoring of key trade policy developments. In a statement to CNBC today, the US president said that planned tariffs on imported pharmaceuticals could eventually reach as high as 250%. Data released Tuesday by the Institute for Supply Management (ISM)...
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Traders Eye Alphabet Earnings as US Equity Futures Post Small Losses Pre-Bell
Traders Eye Alphabet Earnings as US Equity Futures Post Small Losses Pre-Bell
Nov 3, 2024
08:59 AM EDT, 10/29/2024 (MT Newswires) -- US equity futures incurred narrow losses before Tuesday's opening bell as traders awaited the release of quarterly earnings from technology giant Alphabet (GOOG, GOOGL). The Dow Jones Industrial Average futures slipped 0.4%, S&P 500 futures declined 0.2%, and Nasdaq futures were little changed. The Google ( GOOG ) parent is scheduled to report...
Sector Update: Health Care
Sector Update: Health Care
Nov 3, 2024
08:51 AM EDT, 10/29/2024 (MT Newswires) -- Health care stocks were steady pre-bell Tuesday with the iShares Biotechnology ETF (IBB) recently inactive and the Health Care Select Sector SPDR Fund (XLV) recently up a slight 0.1%. Tenet Healthcare ( THC ) shares advanced by over 3% after the company reported higher Q3 adjusted earnings and net operating revenue. The company...
Sector Update: Energy
Sector Update: Energy
Nov 3, 2024
08:58 AM EDT, 10/29/2024 (MT Newswires) -- Energy stocks were edging higher premarket Tuesday with the Energy Select Sector SPDR Fund (XLE) up 0.1% recently. The United States Oil Fund (USO) was up 0.2% and the United States Natural Gas Fund (UNG) was 0.1% lower. Front-month US West Texas Intermediate crude oil was 1.4% higher at $68.35 per barrel at...
Sector Update: Financial
Sector Update: Financial
Nov 3, 2024
08:55 AM EDT, 10/29/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Tuesday as the Financial Select Sector SPDR Fund (XLF) was 0.2% lower recently. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% higher. HSBC Holdings ( HSBC ) shares rose past 4%...
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Forecast update for Silver -22-07-2025
Forecast update for Silver -22-07-2025
Jul 22, 2025
The price of (Silver) rose slightly in its last intraday trading, preparing to attack the critical resistance level at $39.00, taking advantage of offloading the overbought conditions that were clear on the (RSI) previously, opening the way for achieving more of the gains, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a...
Forecast update for Bitcoin -22-07-2025
Forecast update for Bitcoin -22-07-2025
Jul 22, 2025
The price of (BTCUSD) reinforced its gains in its intraday levels, supported by the stability of the critical support at$116,500 as we expected previously, gaining positive momentum that assist it to surpass the negative pressures, especially with the emergence of the positive signals on the (RSI), preparing to attack the main resistance level at $120,000, amid the dominance of the...
Forecast update for Brent crude oil -22-07-2025
Forecast update for Brent crude oil -22-07-2025
Jul 22, 2025
The price of (Brent) declined in its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, which prevents the price recovery on the intraday levels, especially after offloading its clear overbought conditions on the (RSI), intensifying the negative pressure and noticing the emergence of the negative signals again, to break main bullish...
Forecast update for Gold -22-07-2025
Forecast update for Gold -22-07-2025
Jul 22, 2025
The price of (Gold) rose with difficulty on its last intraday trading, preparing to attack the main resistance level at $3,400, supported by its trading above EMA50, under the dominance of the bullish trend on the EMA50, and its trading alongside a minor bias line on the short-term basis, besides offloading its overbought conditions on the (RSI), to enter oversold...
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ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
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Warburg Pincus invests in Vietnamese hospital group Xuyen A
Warburg Pincus invests in Vietnamese hospital group Xuyen A
Apr 14, 2024
SINGAPORE, April 15 (Reuters) - U.S. private equity firm Warburg Pincus said on Monday that it has made an investment in Vietnam's Xuyen A, which operates four general hospitals in the south of the country. Financial terms were not disclosed. We believe the private healthcare sector in Vietnam presents a tremendous opportunity for outsized growth, as the hospital infrastructure in...
Hedge fund Shah Capital urges Novavax board shake-up, FT says
Hedge fund Shah Capital urges Novavax board shake-up, FT says
Apr 14, 2024
April 15 (Reuters) - U.S.-based hedge fund Shah Capital wrote to the Novavax ( NVAX ) board on Monday to push for the instalment of two new independent directors, the Financial Times reported on Monday. Shah Capital also wants a pivot in the biotech company's sales strategy for its Covid-19 shot, which is based on traditional vaccine technology, to target...
BNP Paribas to acquire Fosun's around 9% stake in Belgian insurer Ageas
BNP Paribas to acquire Fosun's around 9% stake in Belgian insurer Ageas
Apr 14, 2024
PARIS/HONG KONG (Reuters) -BNP Paribas has signed an agreement with China's Fosun Group to acquire its around 9% stake in Belgian insurer Ageas for a sum the French bank estimates at 730 million euros ($777 million). Ageas and BNP Paribas are long time partners via a joint shareholding in AG Insurance, Belgium's leading insurer. Ageas owns 75% and BNP the...
Spanish drug maker Grifols will bring in independent directors, chairman tells newspaper
Spanish drug maker Grifols will bring in independent directors, chairman tells newspaper
Apr 14, 2024
MADRID (Reuters) -Spanish drug maker Grifols, battling a plunge in its share price this year, plans to add independent directors to its audit and compensation committees to improve its governance, its chairman said in a newspaper interview published on Sunday. Grifols' market value has shed billions of euros since short-sheller Gotham City Research released three reports in early January accusing...
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