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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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...

The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Worthington Enterprises, Inc ( WOR ). to report quarterly earnings at 52 cents per share on revenue of $273.77 million after the closing bell, according to data from Benzinga Pro. Worthington Enterprises ( WOR...

* Japan, Indonesia, Thailand expected to hold rates * Rupiah falls for fifth straight session * Philippine stocks at lowest since early August (Updates at 0710 GMT) By Rajasik Mukherjee and Roushni Nair Dec 17 (Reuters) - Asian equities fell and the Indonesian rupiah and the Thai baht led losses among currencies on Tuesday, as caution prevailed ahead of key...

05:00 PM EST, 12/16/2024 (MT Newswires) -- The Nasdaq Composite closed at an all-time high Monday while the Dow Jones Industrial Average fell as markets awaited the Federal Reserve's latest monetary policy decision and key corporate earnings due later in the week. The technology-heavy Nasdaq rose 1.2% to 20,173.9, while the S&P 500 advanced 0.4% to 6,074.1. The Dow fell...

The Dow Jones ended Monday down 0.25%, while the Nasdaq climbed 1.2% to finish in the green. The S&P 500 also posted gains, rising nearly 0.4%. The S&P 500 also ended in positive territory gaining almost 0.4%. The Fed was expected to cut rates by 25 basis points on Wednesday, marking its third consecutive reduction, but recent inflation data complicated...

Dec 11 (Reuters) - Apple ( AAPL ) is developing its first server chip specially designed for artificial intelligence, the Information reported on Wednesday, citing three people with direct knowledge of the matter. The iPhone maker is working with Broadcom ( AVGO ) on the chip's networking technology, which is crucial for AI processing, the report said. ...

Broadcom ( AVGO ) is set to give its latest quarterly earnings report on Thursday, 2024-12-12. Here's what investors need to know before the announcement. Analysts estimate that Broadcom ( AVGO ) will report an earnings per share (EPS) of $1.39. Broadcom ( AVGO ) bulls will hope to hear the company announce they've not only beaten that estimate, but...

In the dynamic and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating NVIDIA ( NVDA ) and its primary competitors in the Semiconductors & Semiconductor Equipment industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to...

President-elect Donald Trump is encountering a significant challenge with the U.S. dollar. Despite his inclination towards a “weaker” currency to enhance U.S. exports and reduce the trade deficit, his proposed policies might inadvertently lead to a stronger dollar. What Happened: According to Chatham House, David Lubin, a senior research fellow, noted that while Trump prefers a weaker exchange rate, the market expects his policies...

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.

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.

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.

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. 

LONDON (Reuters) - An ongoing European Commission investigation into social media platform X could take its handling of harmful content related to the recent UK riots into account, a spokesperson said. Last month, European Union officials issued charges against X, owned by tech billionaire Elon Musk, under the Digital Services Act (DSA), which requires very large online platforms to do...

Restaurant Brands International Inc. ( QSR ) shares are trading higher after the company reported second-quarter results. The company reported adjusted earnings per share of 86 cents, missing the analyst consensus of 87 cents. The company reported quarterly revenues of $2.08 billion, beating the street view of $2.026 billion. Consolidated comparable sales rose by 1.9%, and net restaurants grew by...

11:26 AM EDT, 08/08/2024 (MT Newswires) -- Howard Hughes Holdings ( HHH ) said Thursday its board has formed a special committee after its largest shareholder said it is looking into making a proposal to take the company private. The committee, composed of independent directors, will review any proposal from Pershing Square Capital Management, Howard Hughes said. Pershing Square, which...

CyberArk Software Ltd ( CYBR ) reported fiscal second-quarter 2024 revenue growth of 28% year-on-year to $224.7 million, beating the analyst consensus estimate of $219.1 million.  The information security company posted an adjusted EPS of 54 cents, which beat the analyst consensus estimate of 40 cents. The stock price gained after the print. Segments: Revenues from Subscriptions expanded 49% Y/Y to $158.4 million....

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

El Salvador and Iceland are hotspots to watch out for as world wakes up to power of cutting-edge geothermal.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy