Australias consumer price index rose by 2.8% year-on-year in July, the fastest pace since July 2024, data from the Australian Bureau of Statistics showed on Wednesday morning. The increase was higher than market expectations of a 2.3% rise and above the previous reading of 1.9%. The data highlight mounting inflationary pressures on policymakers at the Reserve Bank of Australia, reducing...

The US dollar rose against the euro and British pound on Wednesday, though investor concerns about Federal Reserve independence still linger, potentially limiting the currencys upside. The euro fell about 0.4% to 1.1593 dollars, while the pound slipped 0.3% to 1.3441 dollars, giving back some gains made after US President Donald Trump announced Monday his plan to dismiss Fed board...

The US dollar steadied on Tuesday after a volatile start to the session, following an unprecedented move by President Donald Trump to dismiss Federal Reserve board member Lisa Cook, reigniting concerns over the central banks independence. The euro and British pound were little changed against the dollar at 1.1617 dollars and 1.3461 dollars respectively, in line with muted moves in...

According to a recent report from an NBC affiliate in Montana titled Drill, Baby, Drill, US gasoline prices could fall below 3 dollars a gallon by the end of 2025. The report links the recent decline in gasoline prices to President Trumps pro-energy policies. The article begins: Oil and gas production has recently seen a sharp rise thanks to President...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.18%, S&P 500 0.28%, Nasdaq 0.50% * Advanced Micro Devices ( AMD ) gains after upbeat long-term forecasts * BILL Holdings ( BILL ) jumps after report of firm exploring sale (Updates with quote, prices) By...

08:59 AM EST, 11/12/2025 (MT Newswires) -- Baytex Energy Corp. ( BTE ) was down 0.75% in US premarket trade Wednesday as it entered into a definitive purchase and sale agreement to sell its U.S. Eagle Ford assets to an undisclosed buyer for US$2.305 billion (approximately $3.25 billion) in cash. This Ttansaction positions Baytex as a focused, high-return Canadian energy...

08:55 AM EST, 11/12/2025 (MT Newswires) -- Technology stocks were rising pre-bell Wednesday, with the Technology Select Sector SPDR Fund (XLK) up 0.9% and the SPDR S&P Semiconductor ETF (XSD) 0.3% higher. STMicroelectronics ( STM ) shares were up nearly 2% after chief executive officer Jean-Marc Chery said at a Morgan Stanley conference that he expects Q1 revenue to increase...

08:33 AM EST, 11/12/2025 (MT Newswires) -- US equity futures were higher pre-bell Wednesday as traders monitored a potential resolution to the US government funding impasse. Dow Jones Industrial Average futures were 0.3% higher, S&P 500 futures were up 0.4%, and Nasdaq futures were 0.6% higher. Members of the House of Representatives are expected to vote Wednesday on a proposed...

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.

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.

Huawei Technologies has teamed up with China's Shaanxi Coal Industry Co to pilot the intelligent coal mine technology in two places. Smart coal mine sensors monitor parameters like gas build-up, ventilation levels and flooding, and send an alert if any of these reach a dangerous level. Sustainability too has to be factored into the equation, going forward.

”If you’re watching television, the TV screen will flash the warning message and there will be audio too. If you’re listening to a song on the radio, it will be cut short and the alert will be aired. This will be done very shortly,” the official said.

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. 

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.

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.

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.

08:35 AM EDT, 04/24/2024 (MT Newswires) -- Lennox International ( LII ) reported Q1 adjusted net income Wednesday of $3.47 per diluted share, up from $2.83 a year earlier. Analysts polled by Capital IQ expected $3.15. Net sales for the quarter ended March 31 were $1.05 billion, unchanged from a year earlier. Analysts surveyed by Capital IQ expected $1.05 billion....

08:36 AM EDT, 04/24/2024 (MT Newswires) -- ENI (E) reported Q1 adjusted earnings Wednesday of 0.48 euros ($0.51) per share, down from 0.86 euros a year earlier. Three analysts polled by Capital IQ expected 0.51 euros. Sales from operations for the quarter ended March 31, were 22.94 billion euros, down from 27.19 billion euros a year earlier. Three analysts surveyed...

08:33 AM EDT, 04/24/2024 (MT Newswires) -- Foot Locker ( FL ) on Wednesday unveiled its new retail store concept at its Willowbrook Mall location in Wayne, N.J. The store's new features include new and exclusive releases, a communal try-on area, a sneaker hub, and new digital technology that provides staff with omnichannel inventory availability, the company said in a...

(Reuters) - General Motors ( GM ) CEO Mary Barra's total compensation in 2023 fell 4% to $27.8 million, the largest U.S. automaker said Wednesday. The Detroit automaker also said GM President Mark Reuss' total compensation in 2023 rose to just under $18 million, up from $14.3 million, while Chief Financial Officer Paul Jacobson's compensation rose to $11.1 million last...

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.