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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...
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...
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...
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Sector Update: Financial Stocks Advance Late Thursday Afternoon
Sector Update: Financial Stocks Advance Late Thursday Afternoon
Apr 18, 2024
03:47 PM EDT, 04/18/2024 (MT Newswires) -- Financial stocks rose in late Thursday afternoon trading with the NYSE Financial Index up 0.3% and the Financial Select Sector SPDR Fund (XLF) adding 0.5%. The Philadelphia Housing Index eased 0.1%, while the Real Estate Select Sector SPDR Fund (XLRE) was little changed. Bitcoin (BTC-USD) climbed 3.8% to $63,325, and the yield for...
Sector Update: Health Care
Sector Update: Health Care
Apr 18, 2024
03:38 PM EDT, 04/18/2024 (MT Newswires) -- Health care stocks were mixed late Thursday afternoon with the NYSE Health Care Index down 0.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.1%. The iShares Biotechnology ETF (IBB) fell 0.7%. In corporate news, TG Therapeutics ( TGTX ) shares gained 2.7% after the company won a contract potentially worth...
Sector Update: Energy Stocks Decline Late Afternoon
Sector Update: Energy Stocks Decline Late Afternoon
Apr 18, 2024
03:47 PM EDT, 04/18/2024 (MT Newswires) -- Energy stocks fell late Thursday afternoon, with the NYSE Energy Sector Index and Energy Select Sector SPDR Fund (XLE) each shedding 0.3%. The Philadelphia Oil Service Sector index rose 0.4%, and the Dow Jones US Utilities index gained 0.5%. West Texas Intermediate crude oil was fractionally up at $82.70 per barrel, while global...
Sector Update: Tech Stocks Dropping Late Afternoon
Sector Update: Tech Stocks Dropping Late Afternoon
Apr 18, 2024
03:53 PM EDT, 04/18/2024 (MT Newswires) -- Tech stocks fell late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) down 1% and the SPDR S&P Semiconductor ETF (XSD) falling 1.6%. The Philadelphia Semiconductor index dropped 1.6%. In corporate news, VirTra ( VTSI ) shares surged 17% after the company won a $5.9 million order for prototypes to support...
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How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
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Bitwise CIO: Here’s Why Uniswap Feels Undervalued at $6 Billion
Bitwise CIO: Here’s Why Uniswap Feels Undervalued at $6 Billion
Aug 6, 2025
One of the leading decentralized exchanges received words of encouragement from a prominent figure in the crypto space. Even though the projects results are significant, it cant seem to return to its prior feats, and there are growing concerns about governance. More Room to Grow Matt Hougan, Chief Investment Officer at Bitwise, the largest provider of cryptocurrency index funds with more...
Guilty Verdict Sends TORN Price Crashing 15% — What’s Next?
Guilty Verdict Sends TORN Price Crashing 15% — What’s Next?
Aug 7, 2025
TL;DR Tornado Cash developer Roman Storm was found guilty of operating an unlicensed money service business. TORN price dropped below $10 after the court decision, recording a 24% loss over seven days. Active addresses spiked to 173 on August 6, likely driven by wallet activity during market sell-off. Court Finds Tornado Cash Developer Guilty Roman Storm, a developer and co-founder...
Shiba Inu to Appoint Interim President – Here’s Why That Matters
Shiba Inu to Appoint Interim President – Here’s Why That Matters
Aug 6, 2025
TL;DR Shiba Inu is introducing its first-ever democratic process to appoint an interim president through a multi-phase election involving open nominations, debates, and final voting. Lead developer Shytoshi Kusama announced a shift toward community-led governance, encouraging SHIB whales to run for the position. The Elections Earlier this month, the popular meme coin project Shiba Inu celebrated its fifth birthday. Over...
Bitcoin Flirts With $115,000 as Crypto Markets Remain Uncertain: Market Watch
Bitcoin Flirts With $115,000 as Crypto Markets Remain Uncertain: Market Watch
Aug 7, 2025
The broader cryptocurrency market remains relatively uncertain, although for the past 24 hours, it appears that the bulls might be having the upper hand. The global tension, largely provoked by ongoing geopolitical conflicts and trade hurdles has surely had an impact, while the state of the US economy also seems to be a fundamental consideration behind the recent market moves...
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