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 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....

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...

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...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes: Dow up 0.02%, S&P 500 up 0.10%, Nasdaq down 0.04% * J.M. Smucker falls after downbeat annual profit forecast * World Bank cuts global growth forecast for 2025 (Updates with afternoon trading levels) By Kanchana Chakravarty and Sukriti...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes: Dow down 0.05%, S&P 500 up 0.17%, Nasdaq up 0.28% * Second day of US-China trade talks being held in London * Tencent Music to buy Chinese audio platform Ximalaya for $2.4 bln (Updates after markets open) By...

12:09 PM EDT, 06/10/2025 (MT Newswires) -- The Toronto Stock Exchange is up 16 points with energy (+2%) and telecoms (+1.2%), leading gains, followed by utilities (+0.4%). Miners, down 0.5%, is the biggest decliner. BMO Economics said in its Tuesday morning note that with very little on the economic calendar until tomorrow's U.S. inflation report, and the world's two largest...

11:32 AM EDT, 06/10/2025 (MT Newswires) -- Magnera ( MAGN ) said Tuesday that its shares will be added to the Russell 3000 Index after the market closes on June 27 following the annual reconstitution of the benchmark. Shares of the company rose 7.2% in recent trading Tuesday. Price: 14.39, Change: +0.97, Percent Change: +7.19 ...

Crypto ( CRCW ) custody firm Cordial Systems came out of stealth mode with clients including Jump Crypto and Backpack Exchange.Rather than just giving the client a share of a cryptographic key, Cordial allows all software and processes to be run on the customer side.Jump Trading is also an investor in Cordial Systems.Cryptocurrency safekeeping firm Cordial Systems identified the first...

6 analysts have shared their evaluations of Impinj ( PI ) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...

Caterpillar Inc. ( CAT ) has been in focus as being among the beneficiaries of the AI wave. While the company's earnings are likely to be supported by strong secular tailwinds, the market seems to underappreciate its earnings power, according to Truist Securities. The Caterpillar ( CAT ) Analyst: Jamie Cook initiated coverage of Caterpillar ( CAT ) with a...

In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Workday in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our objective is to...

Prime Minister Narendra Modi on Thursday said the country’s political stability and policy continuity makes it the best place for global investors.

Technology and transparency can take care of corruption at the cutting edge substantially as is now being increasingly demonstrated.

The shortest-ever monsoon session in the history of the Maharashtra legislature is taking place in the backdrop of a raging COVID-19 pandemic that has already infected more than 8.43 lakh people in the state.

The Congress Thursday accused the Modi government of pushing the country towards an economic collapse and a financial emergency, and said noteban, GST and lockdown were "disaster strokes" not "master strokes".

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

09:50 AM EDT, 06/16/2025 (MT Newswires) -- Crown Holdings ( CCK ) said Monday it will promote Djalma Novaes Jr., president of the company's Americas Division, to chief operating officer, effective July 1. Current COO Gerard Gifford will become chief administrative officer, a role he will hold until his planned retirement early next year, the company said. Price: 100.11, Change:...

June 16 (Reuters) - Drug developer NextCure ( NXTC ) said on Monday it had signed a deal worth up to $745 million with China-based drugmaker Simcere Zaiming to develop a cancer therapy for solid tumors. NextCure ( NXTC ) said it will gain global rights to the experimental therapy, SIM0505, in all regions except Greater China, where Simcere Zaiming...

Strategy announced Monday that it has acquired an additional 10,100 Bitcoin (CRYPTO: BTC) for approximately $1.05 billion, according to a filing with the U.S. Securities and Exchange Commission. The latest purchase was made at an average price of $104,080 per Bitcoin, pushing the company's total holdings to 592,100 BTC, bought at a cumulative cost of $41.84 billion. The company has...

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

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

The crypto industry has been focussing hard on making the business more environment friendly.

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