The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

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...

Dhoni advice to Conway IPL 2022

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...

02:16 PM EDT, 07/12/2024 (MT Newswires) -- Health care stocks rose Friday afternoon, with the NYSE Health Care Index gaining 1.1% and the Health Care Select Sector SPDR Fund (XLV) adding about 0.9%. The iShares Biotechnology ETF (IBB) increased 1%. In corporate news, SeaStar Medical ( ICU ) shares jumped almost 11% after the company reported the first commercial sale...

02:06 PM EDT, 07/12/2024 (MT Newswires) -- US benchmark equity indexes were higher intraday as markets assessed the latest producer prices data, while a survey showed easing consumer inflation expectations. The Nasdaq Composite was up 1.2% at 18,499.2 after midday Friday. The Dow Jones Industrial Average and the S&P 500 rose 1% each to 40,170.6 and 5,642.7, respectively. Technology and...

* JPMorgan ( JPM ), Citi, Wells Fargo ( WFC ) drop after results * Small-cap stocks surge * U.S. producer prices rise marginally in June * S&P 500 +1.18%, Nasdaq +1.36%, Dow +1.15% (Updates at 2:09 pm ET / 1809 GMT) By Noel Randewich and Medha Singh July 12 (Reuters) - Wall Street stocks rallied on Friday, with the...

02:38 PM EDT, 07/12/2024 (MT Newswires) -- West Texas Intermediate (WTI) crude oil closed lower on Friday after the United States reported its Producer Price Index (PPI) rose more than expected last month, countering some of the day-prior optimism spurred by slowing consumer-price inflation. WTI crude oil for August delivery closed down US$0.41 to settle at US$82.21 per barrel, while...

Benchmark has raised its price target for MicroStrategy ( MSTR ) to $2,150 even as the company posted a revenue miss on Thursday.The broker's analyst noted the company's share price outperformance since adoption of bitcoin as its primary treasury reserve asset in August 2020.Since then, the stock's performance was significantly better than other assets like bitcoin or the S&P 500...

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Corsair Gaming ( CRSR ) in the last three months. 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...

Throughout the last three months, 24 analysts have evaluated First Solar ( FSLR ) , offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...

Aug 2 (Reuters) - Ameren Corp ( AEE ) has agreed to power a data center with a capacity of 250 megawatt, a move that would boost its sales, the public utility firm said on Friday. The agreement would represent about 40% and 5% annualized increase to subsidiary Ameren Missouri's industrial megawatt (MW) hour sales and total megawatt hour sales,...

Apple Inc on Wednesday removed an app that protestors in Hong Kong have used to track police movements, saying the app violated its rules because it was used to ambush police and by criminals who used it to victimize residents in areas with no law enforcement.

With India pressing for traceability of WhatsApp messages to check the spread of fake news, Nick Clegg, Facebook vice-president, Global Affairs and Communications, has offered alternative ways to help the country, without any reference towards tracing the origin of the WhatsApp messages.

Australian government officials advised India to ban Chinese technology maker Huawei Technologies Co Ltd from supplying parts for a rollout of a high-speed telecommunications network, Australian newspapers reported on Tuesday.

Years of hard work literally came to nought for ISRO on Saturday after it lost communication with Moon lander Vikram.

NEW YORK (Reuters) -David Finkelstein, a veteran investment banker who currently heads Citigroup's ( C/PN ) global consumer and retail dealmaking franchise, is leaving the bank, people familiar with the matter told Reuters on Monday. Finkelstein, who is based in New York, joined Citi from Bank of America in 2018. During his stint at Citi, he worked on several large...

March 3 (Reuters) - Democratic Senator Richard Blumenthal on Monday asked U.S. Secretary of State Marco Rubio to answer questions about a reported plan to spend $400 million to purchase armored versions of Tesla Cybertrucks to transport diplomats. Blumenthal said the State Department has publicly stated the contract was planned during the Biden Administration and the Trump Administration canceled it,...

02:23 PM EST, 03/03/2025 (MT Newswires) -- Canada Nickel Company ( CNIKF ) Monday said it signed agreements with three Ontario First Nations as it looks to advance indigenous opportunities for its Crawford Nickel Sulphide Project. The company said the agreements with the Mattagami, Matachewan, and Flying Post First Nations, members of the Wabun Tribal Council, set the framework for...

(Reuters) -Pfizer ( PFE ) CEO Albert Bourla said on Monday the drugmaker might move overseas manufacturing to its existing plants in the United States, if required, as the Trump administration threatens numerous tariffs on imported goods. Bourla's comments come as drugmakers brace for the possibility of 25% tariff on pharmaceutical imports. A company with an existing manufacturing network in...

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

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

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

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