The euro rose in European markets on Wednesday against a basket of global currencies, extending its gains for the second consecutive day against the US dollar and nearing a two-week high, driven by growing concerns over Federal Reserve stability. Expectations of a European interest rate cut in September have declined due to persistent inflationary pressures on European Central Bank policymakers....

President Donald Trump was furious about the July jobs report, which pointed to a significant economic slowdown, when he resurfaced an old grievance: the statistician responsible for compiling the monthly numbers had been appointed by former President Joe Biden. Unlike Federal Reserve Chair Jerome Powell whom Trump had criticized for months the president has the authority to dismiss the head...

The US dollar remained confined within its recent trading range on Wednesday, as investors chose to stay neutral following another round of weak US economic data and ahead of President Donald Trumps upcoming appointment to the Federal Reserve Board. Trump said on Tuesday that he would decide on a nominee to replace outgoing board member Adriana Kugler by the end...

The New Zealand dollar strengthened against most major currencies during Wednesday trading following the release of upbeat employment data. Government figures showed that the employment change index in New Zealand declined by 0.1% in the second quarter, in line with expectations. The data also revealed that the unemployment rate in New Zealand rose to 5.2% in Q2, up from 5.1%...

The Consumer Discretionary Select Sector SPDR Fund ( XLY ) pulled back Thursday, falling 3.9% to $187.90 during afternoon trading as investors took profits following a dramatic surge Wednesday. What To Know: The ETF, which tracks leading U.S. consumer discretionary stocks, had soared over 11% on Wednesday—its strongest single-day performance since 2020—driven by President Donald Trump's announcement of a 90-day...

03:41 PM EDT, 04/10/2025 (MT Newswires) -- Tech stocks tumbled late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 5.4% and the SPDR S&P Semiconductor ETF (XSD) plunging nearly 10%. The Philadelphia Semiconductor Index slumped 9.3%. In corporate news, Alphabet's (GOOG) Google ( GOOG ) has offered to slash what it charges the US government for its...

03:40 PM EDT, 04/10/2025 (MT Newswires) -- Health care stocks were falling late Thursday afternoon, with the NYSE Health Care Index shedding 2.3% and the Health Care Select Sector SPDR Fund (XLV) down 3.1%. The iShares Biotechnology ETF (IBB) slumped 4.8%. In corporate news, Novartis ( NVS ) plans to invest $23 billion in building and expanding 10 facilities in...

03:30 PM EDT, 04/10/2025 (MT Newswires) -- Energy stocks were falling late Thursday afternoon, with the NYSE Energy Sector Index dropping 6% and the Energy Select Sector SPDR Fund (XLE) sliding 6.8%. The Philadelphia Oil Service Sector index tumbled 9.1%, and the Dow Jones US Utilities index eased 0.1%. Front-month West Texas Intermediate crude oil fell 3.4% to $60.26 a...

On World Environment Day 2022, we take a look at the tech sector that alone is responsible for 2-3 percent of the global greenhouse gas emissions. See how technology impacts the environment and what the big companies are doing.

Erratic patterns of rainfall, heatwaves, storms, floods, and other consequences of climate change are threatening our genetically similar food crops. The way out is to introduce genetic diversity, but that's easier said than done.

The IT city is facing the worst of floods and social media is flooded with visuals from Bengaluru as residents expressed their anger, opinions, and interesting takes online.

Utimaco provides a Public Warning System (PWS) that sends alerts and warnings within seconds to every cell phone in an area affected by a catastrophic situation without the need for mobile numbers and irrespective of the congestion in the telecom network.

India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...

March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...

BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...

BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...

Major Indices Roundup: Dow traded to a new six-week high but couldn't hold all of its gainsNasdaq posts a solid performance over the last month, slowing ahead of US CPIHang Seng continues fine form, rising to levels last seen in August last yearGet your hands on the Equities Q2 outlook today for exclusive insights into key market catalysts that should...

Tornado Cash developer Alexey Pertsev has been found guilty of laundering $1.2 billion in illicit funds using the sanctioned crypto mixer. Pertsev, a 31-year-old Russian living in the Netherlands, was sentenced to 64 months in prison by a Dutch court. His lawyers can appeal the decision within 14 days. Tornado Cash Developers Conviction The developer was initially imprisoned in the...

While the crypto market is far from its March peak, analysts say the fundamentals of the Bitcoin network remain strong. According to the latest Bitfinex Alpha report, Bitcoins foundational strength is underscored by key factors like the steadfastness of long-term holders and the plunge in mining difficulty. These factors indicate that the network is positioned for future value appreciation. Bitcoins...

TL;DR Bitcoins value fell to $61,500 due to issues at Coinbase but analysts predict a rally above $70,000 soon. Positive market indicators and exchange trends suggest reduced selling pressure, hinting at a potential price increase for the asset. Is it Time for a New BTC Rally? Despite the surge above $63,000 on May 13, Bitcoins price retraced to $61,500 today...