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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...
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...
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...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
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Top Midday Gainers
Top Midday Gainers
May 26, 2025
01:15 PM EDT, 05/22/2025 (MT Newswires) -- Sanofi ( SNY ) agreed to acquire Vigil Neuroscience ( VIGL ) in a cash transaction with an equity value of up to $600 million, the duo said late Wednesday. Shares of Vigil more than tripled as intraday trading volume catapulted to over 31.5 million from a daily average of about 155,000. Navitas...
Exchange-Traded Funds, US Equities Mixed After Midday
Exchange-Traded Funds, US Equities Mixed After Midday
May 26, 2025
01:14 PM EDT, 05/22/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM fell, and IVV was little changed. Actively traded Invesco QQQ Trust (QQQ) rose 0.4%. US equity indexes were mixed in choppy midday trading on Thursday, and most government bond yields slipped after the House approved President Donald Trump's signature tax bill. Energy IShares US Energy ETF...
Sector Update: Health Care
Sector Update: Health Care
May 26, 2025
01:38 PM EDT, 05/22/2025 (MT Newswires) -- Health care stocks declined Thursday afternoon, with the NYSE Health Care Index down 0.7% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.6%. The iShares Biotechnology ETF (IBB) was fractionally lower. In corporate news, Ginkgo Bioworks ( DNA ) shares were falling past 7%. The company said Wednesday that Chief Financial...
Sector Update: Energy
Sector Update: Energy
May 26, 2025
01:15 PM EDT, 05/22/2025 (MT Newswires) -- Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index decreasing 0.6% and the Energy Select Sector SPDR Fund (XLE) shedding 0.8%. The Philadelphia Oil Service Sector index was down 0.9%, and the Dow Jones US Utilities index was dropping 1.8%. Front-month West Texas Intermediate crude oil was declining 0.6% to...
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Limited edition OnePlus 11 Marble Odyssey features a rare microcrystalline rock material
Limited edition OnePlus 11 Marble Odyssey features a rare microcrystalline rock material
Jun 22, 2023
OnePlus says that the development of Marble Odyssey Edition took more than a year before it was ready for application and mass production. It is said that the production process had to be built from the ground up.
World Economic Forum names four Indian firms in 100 most promising tech startups list
World Economic Forum names four Indian firms in 100 most promising tech startups list
Jun 21, 2023
Indian firms Giftolexia Solutions, Xacmaz Technology, evolutionQ and Next Big Innovation Labs was amongst the World Economic Forum' s (WEF) 100 most promising technology startups. Farmerline (Ghana), Electriq Global (Israel), CarbonCapture (US), ClimateAI (US) and Transmutex (Switzerland) are amongst the other firms that were shortlisted in WEF's annual list.
Microsoft's control over cloud business is threatening to cybersecurity, says Google
Microsoft's control over cloud business is threatening to cybersecurity, says Google
Jun 22, 2023
Google emphasized that such control poses significant risks to national security and cybersecurity. The tech giant pointed out previous cyberattacks involving Microsoft products, including the SolarWinds breach. Both Microsoft and Google have active cybersecurity practices that address and study cyber threats.
Top internet companies write a dissent note on IAMAI’s stand on Digital Competition Bill
Top internet companies write a dissent note on IAMAI’s stand on Digital Competition Bill
Jun 20, 2023
In the dissent note, the collective has said that they don’t agree with IAMAI’s earlier submission on the digital competition bill, adding it does not reflect the views of many of the apex body’s member companies.
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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.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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.
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.
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Sabre Divests Hospitality Arm To TPG For $1.1B, Plans Debt Reduction
Sabre Divests Hospitality Arm To TPG For $1.1B, Plans Debt Reduction
May 25, 2025
Sabre Corporation ( SABR ) announced Monday that it will sell its Hospitality Solutions business to TPG Inc. ( TPG ) for $1.1 billion in cash. This strategic move aims to streamline operations and sharpen the company’s focus on core technology platforms. Sabre expects to receive approximately $960 million in net proceeds after taxes and fees, which it intends to...
BRIEF-Crane Harbor Acquisition Completes $220 Million Initial Public Offering
BRIEF-Crane Harbor Acquisition Completes $220 Million Initial Public Offering
May 25, 2025
April 28 (Reuters) - Crane Harbor Acquisition Corp ( CHACU ) : * CRANE HARBOR ACQUISITION CORP. ( CHACU ) COMPLETES $220 MILLION INITIAL PUBLIC OFFERING Source text: Further company coverage: ([email protected]) ...
BRIEF-Plantro Announces Extension Of Tender Offer To Acquire Up To 15% Of Class A Limited Voting Shares Of Information Services Corporation
BRIEF-Plantro Announces Extension Of Tender Offer To Acquire Up To 15% Of Class A Limited Voting Shares Of Information Services Corporation
May 25, 2025
April 28 (Reuters) - Information Services Corp ( IRMTF ): * PLANTRO LTD. ANNOUNCES EXTENSION OF TENDER OFFER TO ACQUIRE UP TO 15% OF CLASS A LIMITED VOTING SHARES OF INFORMATION SERVICES CORPORATION * PLANTRO: EXTENDED EXPIRY DATE OF TENDER OFFER FOR INFORMATION SERVICES CORP SHARES TO MAY 5 Source text: Further company coverage: ([email protected]) ...
BRIEF-Sapiens Acquires Advantagego In £43 Million Deal
BRIEF-Sapiens Acquires Advantagego In £43 Million Deal
May 25, 2025
April 28 (Reuters) - Sapiens International Corporation NV ( SPNS ): * SAPIENS ACQUIRES ADVANTAGEGO TO EXPAND GLOBAL P&C PLATFORM WITH CUTTING-EDGE UNDERWRITING WORKBENCH & RISK MANAGEMENT CAPABILITIES * SAPIENS INTERNATIONAL CORPORATION NV ( SPNS ) - ACQUISITION STRUCTURED AS CASH DEAL WITH ENTERPRISE VALUE OF £43 MILLION * SAPIENS INTERNATIONAL CORPORATION NV ( SPNS ) - ADVANTAGEGO PROFITABILITY EXPECTED...
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